POWERINDIA options
Hitachi Energy India option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹819.35 | ±3.12% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹25,480.65 – ₹27,119.35 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹29,000 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹25,000 | 27,050 contracts — the largest put position on the chain |
| Heaviest call strike | ₹30,000 | 67,400 contracts — the largest call position on the chain |
| Put-call ratio | 0.53 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 36.09% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹819.35
- Implied range
- ₹25,481 – ₹27,119
- Max pain
- ₹29,000
- Implied volatility
- 36.09%
±3.12% over 4 days, from the ₹26,500 straddle
What option prices imply, not a forecast of where the stock will trade
₹2,700 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹25,000Heaviest call ₹30,000ATM ₹26,500 · PCR 0.53
At the close on Friday, 23 October 2026, Hitachi Energy India options were pricing a move of ±₹819.35 by the Tuesday, 27 October 2026 expiry — a range of ₹25,480.65 to ₹27,119.35 against a closing price of ₹26,300.00. The figure is the at-the-money straddle at the ₹26,500 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 ₹29,000, ₹2,700.00 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 ₹25,000 with 27,050 contracts, and the heaviest call position at ₹30,000 with 67,400 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 36.09% for the Tuesday, 27 October 2026 expiry. Realised volatility for Hitachi Energy India is not yet available for comparison.
This page is a record of where Hitachi Energy 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.
Read the full MarketCue scoring methodology
Source: NSE option chain via Upstox. .
Frequently asked questions
- What move are Hitachi Energy India options pricing this expiry?
- ±₹819.35, or 3.12%, giving a range of ₹25,480.65 to ₹27,119.35 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹26,500 strike.
- What is Hitachi Energy India's max pain?
- ₹29,000 at the last close, against a closing price of ₹26,300.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Hitachi Energy India option chain?
- The largest put position sits at ₹25,000 with 27,050 contracts, and the largest call position at ₹30,000 with 67,400 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 Hitachi Energy India options?
- 25 shares per lot, with strikes in steps of ₹500. At the implied move of ±₹819.35, one lot corresponds to ±₹20,484 of notional movement.