IEX options
Indian Energy Exchange option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.70 | ±5.00% to the Monday, 23 November 2026 expiry, from the at-the-money straddle |
| Implied range | ₹108.35 – ₹119.75 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹110 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹100 | 21,70,650 contracts — the largest put position on the chain |
| Heaviest call strike | ₹120 | 36,49,650 contracts — the largest call position on the chain |
| Put-call ratio | 0.69 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 34.18% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.70
- Implied range
- ₹108 – ₹120
- Max pain
- ₹110
- Implied volatility
- 34.18%
±5.00% over 12 days, from the ₹114 straddle
What option prices imply, not a forecast of where the stock will trade
₹4 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹100Heaviest call ₹120ATM ₹114 · PCR 0.69
At the close on Wednesday, 11 November 2026, Indian Energy Exchange options were pricing a move of ±₹5.70 by the Monday, 23 November 2026 expiry — a range of ₹108.35 to ₹119.75 against a closing price of ₹114.05. The figure is the at-the-money straddle at the ₹114 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 ₹110, ₹4.05 below 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 ₹100 with 21,70,650 contracts, and the heaviest call position at ₹120 with 36,49,650 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 34.18% for the Monday, 23 November 2026 expiry. Realised volatility for Indian Energy Exchange is not yet available for comparison.
This page is a record of where Indian Energy Exchange's chain finished on Wednesday, 11 November 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 Indian Energy Exchange options pricing this expiry?
- ±₹5.70, or 5.00%, giving a range of ₹108.35 to ₹119.75 by Monday, 23 November 2026. The figure is derived from the at-the-money straddle at the ₹114 strike.
- What is Indian Energy Exchange's max pain?
- ₹110 at the last close, against a closing price of ₹114.05. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Indian Energy Exchange option chain?
- The largest put position sits at ₹100 with 21,70,650 contracts, and the largest call position at ₹120 with 36,49,650 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 Indian Energy Exchange options?
- 4,350 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹5.70, one lot corresponds to ±₹24,795 of notional movement.