FEDERALBNK options
Federal Bank option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹6.00 | ±1.76% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹334.90 – ₹346.90 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹340 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹320 | 32,12,500 contracts — the largest put position on the chain |
| Heaviest call strike | ₹350 | 45,75,000 contracts — the largest call position on the chain |
| Put-call ratio | 0.87 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 21.00% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹6.00
- Implied range
- ₹335 – ₹347
- Max pain
- ₹340
- Implied volatility
- 21.00%
±1.76% over 4 days, from the ₹340 straddle
What option prices imply, not a forecast of where the stock will trade
₹1 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹320Heaviest call ₹350ATM ₹340 · PCR 0.87
At the close on Friday, 23 October 2026, Federal Bank options were pricing a move of ±₹6.00 by the Tuesday, 27 October 2026 expiry — a range of ₹334.90 to ₹346.90 against a closing price of ₹340.90. The figure is the at-the-money straddle at the ₹340 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 ₹340, ₹0.90 below 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 ₹320 with 32,12,500 contracts, and the heaviest call position at ₹350 with 45,75,000 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 21.00% for the Tuesday, 27 October 2026 expiry. Realised volatility for Federal Bank is not yet available for comparison.
This page is a record of where Federal Bank'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 Federal Bank options pricing this expiry?
- ±₹6.00, or 1.76%, giving a range of ₹334.90 to ₹346.90 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹340 strike.
- What is Federal Bank's max pain?
- ₹340 at the last close, against a closing price of ₹340.90. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Federal Bank option chain?
- The largest put position sits at ₹320 with 32,12,500 contracts, and the largest call position at ₹350 with 45,75,000 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 Federal Bank options?
- 2,500 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹6.00, one lot corresponds to ±₹15,000 of notional movement.