HINDPETRO options
Hindustan Petroleum Corp option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹12.35 | ±3.65% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹325.95 – ₹350.65 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹345 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹330 | 19,68,300 contracts — the largest put position on the chain |
| Heaviest call strike | ₹350 | 17,94,150 contracts — the largest call position on the chain |
| Put-call ratio | 0.94 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 42.97% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹12.35
- Implied range
- ₹326 – ₹351
- Max pain
- ₹345
- Implied volatility
- 42.97%
±3.65% over 4 days, from the ₹340 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 ₹330Heaviest call ₹350ATM ₹340 · PCR 0.94
At the close on Friday, 23 October 2026, Hindustan Petroleum Corp options were pricing a move of ±₹12.35 by the Tuesday, 27 October 2026 expiry — a range of ₹325.95 to ₹350.65 against a closing price of ₹338.30. The figure is the at-the-money straddle at the ₹340 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 ₹345, ₹6.70 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 ₹330 with 19,68,300 contracts, and the heaviest call position at ₹350 with 17,94,150 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 42.97% for the Tuesday, 27 October 2026 expiry. Realised volatility for Hindustan Petroleum Corp is not yet available for comparison.
This page is a record of where Hindustan Petroleum Corp'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 Petroleum Corp options pricing this expiry?
- ±₹12.35, or 3.65%, giving a range of ₹325.95 to ₹350.65 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹340 strike.
- What is Hindustan Petroleum Corp's max pain?
- ₹345 at the last close, against a closing price of ₹338.30. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Hindustan Petroleum Corp option chain?
- The largest put position sits at ₹330 with 19,68,300 contracts, and the largest call position at ₹350 with 17,94,150 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 Petroleum Corp options?
- 2,025 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹12.35, one lot corresponds to ±₹25,009 of notional movement.