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GVT&D options

GE T&D India option chain and implied move

Market-implied move±₹101.85At the close on Friday, 23 October 2026 · 4 days to the Tuesday, 27 October 2026 expiry
Market-implied move: current value and reading. Updated 3:45 PM IST · 23 October 2026
MetricValueRead
Market-implied move±₹101.85±2.75% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹3,598.15 – ₹3,801.85What option prices imply, not a forecast of where the stock will trade
Max pain₹4,000The strike at which the largest value of written options would expire worthless
Heaviest put strike₹4,0003,30,125 contracts — the largest put position on the chain
Heaviest call strike₹4,0002,70,000 contracts — the largest call position on the chain
Put-call ratio0.66Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)34.09%At-the-money implied volatility for the front expiry
Market-implied move
±₹101.85

±2.75% over 4 days, from the ₹3,700 straddle

Implied range
₹3,598 – ₹3,802

What option prices imply, not a forecast of where the stock will trade

Max pain
₹4,000

₹300 above the close

Implied volatility
34.09%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹3,598
₹3,802
₹4,000max pain
₹3,700close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
3,500
₹3,200
0
8,375
₹3,300
0
26,250
₹3,400
250
42,750
₹3,500
0
57,875
₹3,600
11,500
99,125
₹3,700
62,750
41,750
₹3,800
83,250
60,125
₹3,900
72,000
3,30,125
₹4,000
2,70,000
84,625
₹4,100
1,55,000
77,750
₹4,200
1,93,250
73,625
₹4,300
1,93,750
17,625
₹4,400
93,000
14,000
₹4,500
1,07,500
0
₹4,600
1,02,875
9,875
₹4,700
53,000

Heaviest put ₹4,000Heaviest call ₹4,000ATM ₹3,700 · PCR 0.66

At the close on Friday, 23 October 2026, GE T&D India options were pricing a move of ±₹101.85 by the Tuesday, 27 October 2026 expiry — a range of ₹3,598.15 to ₹3,801.85 against a closing price of ₹3,700.00. The figure is the at-the-money straddle at the ₹3,700 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 ₹4,000, ₹300.00 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 ₹4,000 with 3,30,125 contracts, and the heaviest call position at ₹4,000 with 2,70,000 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 34.09% for the Tuesday, 27 October 2026 expiry. Realised volatility for GE T&D India is not yet available for comparison.

This page is a record of where GE T&D India'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.

Source: NSE option chain via Upstox. .

Frequently asked questions

What move are GE T&D India options pricing this expiry?
±₹101.85, or 2.75%, giving a range of ₹3,598.15 to ₹3,801.85 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹3,700 strike.
What is GE T&D India's max pain?
₹4,000 at the last close, against a closing price of ₹3,700.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the GE T&D India option chain?
The largest put position sits at ₹4,000 with 3,30,125 contracts, and the largest call position at ₹4,000 with 2,70,000 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 GE T&D India options?
125 shares per lot, with strikes in steps of ₹100. At the implied move of ±₹101.85, one lot corresponds to ±₹12,731 of notional movement.

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