GMRAIRPORT options
GMR Airports Infra option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹1.98 | ±2.29% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹84.40 – ₹88.36 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹93 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹88 | 72,47,025 contracts — the largest put position on the chain |
| Heaviest call strike | ₹91 | 79,86,375 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) | 28.32% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹1.98
- Implied range
- ₹84 – ₹88
- Max pain
- ₹93
- Implied volatility
- 28.32%
±2.29% over 4 days, from the ₹86 straddle
What option prices imply, not a forecast of where the stock will trade
₹7 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹88Heaviest call ₹91ATM ₹86 · PCR 0.87
At the close on Friday, 23 October 2026, GMR Airports Infra options were pricing a move of ±₹1.98 by the Tuesday, 27 October 2026 expiry — a range of ₹84.40 to ₹88.36 against a closing price of ₹86.38. The figure is the at-the-money straddle at the ₹86 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 ₹93, ₹6.62 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 ₹88 with 72,47,025 contracts, and the heaviest call position at ₹91 with 79,86,375 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 28.32% for the Tuesday, 27 October 2026 expiry. Realised volatility for GMR Airports Infra is not yet available for comparison.
This page is a record of where GMR Airports Infra'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 GMR Airports Infra options pricing this expiry?
- ±₹1.98, or 2.29%, giving a range of ₹84.40 to ₹88.36 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹86 strike.
- What is GMR Airports Infra's max pain?
- ₹93 at the last close, against a closing price of ₹86.38. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the GMR Airports Infra option chain?
- The largest put position sits at ₹88 with 72,47,025 contracts, and the largest call position at ₹91 with 79,86,375 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 GMR Airports Infra options?
- 6,975 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹1.98, one lot corresponds to ±₹13,811 of notional movement.