HDFCLIFE options
HDFC Life Insurance option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹8.65 | ±1.65% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹515.10 – ₹532.40 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹530 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹500 | 23,57,300 contracts — the largest put position on the chain |
| Heaviest call strike | ₹560 | 20,74,600 contracts — the largest call position on the chain |
| Put-call ratio | 0.59 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 18.55% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹8.65
- Implied range
- ₹515 – ₹532
- Max pain
- ₹530
- Implied volatility
- 18.55%
±1.65% over 4 days, from the ₹525 straddle
What option prices imply, not a forecast of where the stock will trade
₹6 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹500Heaviest call ₹560ATM ₹525 · PCR 0.59
At the close on Friday, 23 October 2026, HDFC Life Insurance options were pricing a move of ±₹8.65 by the Tuesday, 27 October 2026 expiry — a range of ₹515.10 to ₹532.40 against a closing price of ₹523.75. The figure is the at-the-money straddle at the ₹525 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 ₹530, ₹6.25 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 ₹500 with 23,57,300 contracts, and the heaviest call position at ₹560 with 20,74,600 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 18.55% for the Tuesday, 27 October 2026 expiry. Realised volatility for HDFC Life Insurance is not yet available for comparison.
This page is a record of where HDFC Life Insurance'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 HDFC Life Insurance options pricing this expiry?
- ±₹8.65, or 1.65%, giving a range of ₹515.10 to ₹532.40 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹525 strike.
- What is HDFC Life Insurance's max pain?
- ₹530 at the last close, against a closing price of ₹523.75. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the HDFC Life Insurance option chain?
- The largest put position sits at ₹500 with 23,57,300 contracts, and the largest call position at ₹560 with 20,74,600 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 HDFC Life Insurance options?
- 1,100 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹8.65, one lot corresponds to ±₹9,515 of notional movement.