DIVISLAB options
Divis Laboratories option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹202.50 | ±2.26% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹8,747.50 – ₹9,152.50 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹9,300 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹8,300 | 1,24,000 contracts — the largest put position on the chain |
| Heaviest call strike | ₹9,500 | 3,25,900 contracts — the largest call position on the chain |
| Put-call ratio | 0.63 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 27.18% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹202.50
- Implied range
- ₹8,748 – ₹9,153
- Max pain
- ₹9,300
- Implied volatility
- 27.18%
±2.26% over 4 days, from the ₹8,900 straddle
What option prices imply, not a forecast of where the stock will trade
₹350 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹8,300Heaviest call ₹9,500ATM ₹8,900 · PCR 0.63
At the close on Friday, 23 October 2026, Divis Laboratories options were pricing a move of ±₹202.50 by the Tuesday, 27 October 2026 expiry — a range of ₹8,747.50 to ₹9,152.50 against a closing price of ₹8,950.00. The figure is the at-the-money straddle at the ₹8,900 strike, which is what the options market itself is charging for the move to expiry. It describes the price of that expectation, not a forecast MarketCue makes.
Max pain sits at ₹9,300, ₹350.00 above the closing price — the strike at which the largest value of written options would expire worthless. The heaviest put position on the chain is at ₹8,300 with 1,24,000 contracts, and the heaviest call position at ₹9,500 with 3,25,900 contracts. Open interest describes where positions have been built; it is not a commitment by anyone to defend a price.
At-the-money implied volatility was 27.18% for the Tuesday, 27 October 2026 expiry. Realised volatility for Divis Laboratories is not yet available for comparison.
This page is a record of where Divis Laboratories's chain finished on Friday, 23 October 2026, not a live feed — the next reading follows tomorrow's close. Figures are derived from the NSE option chain via Upstox; max pain, the implied move, put-call ratio and the volatility comparison are MarketCue's own calculations from that data. MarketCue is not a registered investment adviser, research analyst or broker under SEBI regulations, and nothing here is a recommendation to buy or sell any security.
Read the full MarketCue scoring methodology
Source: NSE option chain via Upstox. .
Frequently asked questions
- What move are Divis Laboratories options pricing this expiry?
- ±₹202.50, or 2.26%, giving a range of ₹8,747.50 to ₹9,152.50 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹8,900 strike.
- What is Divis Laboratories's max pain?
- ₹9,300 at the last close, against a closing price of ₹8,950.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Divis Laboratories option chain?
- The largest put position sits at ₹8,300 with 1,24,000 contracts, and the largest call position at ₹9,500 with 3,25,900 contracts. Traders commonly read heavy open interest at a strike as a level, though open interest describes positioning rather than any commitment to defend a price.
- What is the lot size for Divis Laboratories options?
- 100 shares per lot, with strikes in steps of ₹100. At the implied move of ±₹202.50, one lot corresponds to ±₹20,250 of notional movement.