HINDZINC options
Hindustan Zinc option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹11.80 | ±2.38% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹484.20 – ₹507.80 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹550 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹550 | 14,93,275 contracts — the largest put position on the chain |
| Heaviest call strike | ₹600 | 29,47,350 contracts — the largest call position on the chain |
| Put-call ratio | 0.44 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 27.10% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹11.80
- Implied range
- ₹484 – ₹508
- Max pain
- ₹550
- Implied volatility
- 27.10%
±2.38% over 4 days, from the ₹500 straddle
What option prices imply, not a forecast of where the stock will trade
₹54 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹550Heaviest call ₹600ATM ₹500 · PCR 0.44
At the close on Friday, 23 October 2026, Hindustan Zinc options were pricing a move of ±₹11.80 by the Tuesday, 27 October 2026 expiry — a range of ₹484.20 to ₹507.80 against a closing price of ₹496.00. The figure is the at-the-money straddle at the ₹500 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 ₹550, ₹54.00 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 ₹550 with 14,93,275 contracts, and the heaviest call position at ₹600 with 29,47,350 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 27.10% for the Tuesday, 27 October 2026 expiry. Realised volatility for Hindustan Zinc is not yet available for comparison.
This page is a record of where Hindustan Zinc'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 Hindustan Zinc options pricing this expiry?
- ±₹11.80, or 2.38%, giving a range of ₹484.20 to ₹507.80 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹500 strike.
- What is Hindustan Zinc's max pain?
- ₹550 at the last close, against a closing price of ₹496.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Hindustan Zinc option chain?
- The largest put position sits at ₹550 with 14,93,275 contracts, and the largest call position at ₹600 with 29,47,350 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 Hindustan Zinc options?
- 1,225 shares per lot, with strikes in steps of ₹10. At the implied move of ±₹11.80, one lot corresponds to ±₹14,455 of notional movement.