ICICIGI options
ICICI Lombard General Insurance option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹24.05 | ±1.51% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹1,567.95 – ₹1,616.05 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹1,660 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹1,560 | 2,13,525 contracts — the largest put position on the chain |
| Heaviest call strike | ₹1,800 | 4,52,725 contracts — the largest call position on the chain |
| Put-call ratio | 0.64 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 17.95% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹24.05
- Implied range
- ₹1,568 – ₹1,616
- Max pain
- ₹1,660
- Implied volatility
- 17.95%
±1.51% over 4 days, from the ₹1,600 straddle
What option prices imply, not a forecast of where the stock will trade
₹68 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹1,560Heaviest call ₹1,800ATM ₹1,600 · PCR 0.64
At the close on Friday, 23 October 2026, ICICI Lombard General Insurance options were pricing a move of ±₹24.05 by the Tuesday, 27 October 2026 expiry — a range of ₹1,567.95 to ₹1,616.05 against a closing price of ₹1,592.00. The figure is the at-the-money straddle at the ₹1,600 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 ₹1,660, ₹68.00 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 ₹1,560 with 2,13,525 contracts, and the heaviest call position at ₹1,800 with 4,52,725 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 17.95% for the Tuesday, 27 October 2026 expiry. Realised volatility for ICICI Lombard General Insurance is not yet available for comparison.
This page is a record of where ICICI Lombard General 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 ICICI Lombard General Insurance options pricing this expiry?
- ±₹24.05, or 1.51%, giving a range of ₹1,567.95 to ₹1,616.05 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹1,600 strike.
- What is ICICI Lombard General Insurance's max pain?
- ₹1,660 at the last close, against a closing price of ₹1,592.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the ICICI Lombard General Insurance option chain?
- The largest put position sits at ₹1,560 with 2,13,525 contracts, and the largest call position at ₹1,800 with 4,52,725 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 ICICI Lombard General Insurance options?
- 325 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹24.05, one lot corresponds to ±₹7,816 of notional movement.