FORCEMOT options
Force Motors option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹1,142.25 | ±5.75% to the Monday, 23 November 2026 expiry, from the at-the-money straddle |
| Implied range | ₹18,729.75 – ₹21,014.25 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹18,750 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹18,000 | 16,500 contracts — the largest put position on the chain |
| Heaviest call strike | ₹20,000 | 30,200 contracts — the largest call position on the chain |
| Put-call ratio | 1.00 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 39.27% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹1,142.25
- Implied range
- ₹18,730 – ₹21,014
- Max pain
- ₹18,750
- Implied volatility
- 39.27%
±5.75% over 12 days, from the ₹19,750 straddle
What option prices imply, not a forecast of where the stock will trade
₹1,122 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹18,000Heaviest call ₹20,000ATM ₹19,750 · PCR 1.00
At the close on Wednesday, 11 November 2026, Force Motors options were pricing a move of ±₹1,142.25 by the Monday, 23 November 2026 expiry — a range of ₹18,729.75 to ₹21,014.25 against a closing price of ₹19,872.00. The figure is the at-the-money straddle at the ₹19,750 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 ₹18,750, ₹1,122.00 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 ₹18,000 with 16,500 contracts, and the heaviest call position at ₹20,000 with 30,200 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 39.27% for the Monday, 23 November 2026 expiry. Realised volatility for Force Motors is not yet available for comparison.
This page is a record of where Force Motors's chain finished on Wednesday, 11 November 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 Force Motors options pricing this expiry?
- ±₹1,142.25, or 5.75%, giving a range of ₹18,729.75 to ₹21,014.25 by Monday, 23 November 2026. The figure is derived from the at-the-money straddle at the ₹19,750 strike.
- What is Force Motors's max pain?
- ₹18,750 at the last close, against a closing price of ₹19,872.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Force Motors option chain?
- The largest put position sits at ₹18,000 with 16,500 contracts, and the largest call position at ₹20,000 with 30,200 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 Force Motors options?
- 25 shares per lot, with strikes in steps of ₹250. At the implied move of ±₹1,142.25, one lot corresponds to ±₹28,556 of notional movement.