ICICIPRULI options
ICICI Prudential Life Insurance option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹9.05 | ±2.14% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹413.15 – ₹431.25 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹450 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹450 | 3,82,950 contracts — the largest put position on the chain |
| Heaviest call strike | ₹450 | 8,09,375 contracts — the largest call position on the chain |
| Put-call ratio | 0.62 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 21.73% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹9.05
- Implied range
- ₹413 – ₹431
- Max pain
- ₹450
- Implied volatility
- 21.73%
±2.14% over 4 days, from the ₹420 straddle
What option prices imply, not a forecast of where the stock will trade
₹28 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹450Heaviest call ₹450ATM ₹420 · PCR 0.62
At the close on Friday, 23 October 2026, ICICI Prudential Life Insurance options were pricing a move of ±₹9.05 by the Tuesday, 27 October 2026 expiry — a range of ₹413.15 to ₹431.25 against a closing price of ₹422.20. The figure is the at-the-money straddle at the ₹420 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 ₹450, ₹27.80 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 ₹450 with 3,82,950 contracts, and the heaviest call position at ₹450 with 8,09,375 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 21.73% for the Tuesday, 27 October 2026 expiry. Realised volatility for ICICI Prudential Life Insurance is not yet available for comparison.
This page is a record of where ICICI Prudential 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 ICICI Prudential Life Insurance options pricing this expiry?
- ±₹9.05, or 2.14%, giving a range of ₹413.15 to ₹431.25 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹420 strike.
- What is ICICI Prudential Life Insurance's max pain?
- ₹450 at the last close, against a closing price of ₹422.20. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the ICICI Prudential Life Insurance option chain?
- The largest put position sits at ₹450 with 3,82,950 contracts, and the largest call position at ₹450 with 8,09,375 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 Prudential Life Insurance options?
- 925 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹9.05, one lot corresponds to ±₹8,371 of notional movement.