INDIGO options
Interglobe Aviation option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹110.05 | ±2.42% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹4,438.95 – ₹4,659.05 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹4,800 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹4,500 | 1,31,700 contracts — the largest put position on the chain |
| Heaviest call strike | ₹5,100 | 5,58,300 contracts — the largest call position on the chain |
| Put-call ratio | 0.42 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 29.23% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹110.05
- Implied range
- ₹4,439 – ₹4,659
- Max pain
- ₹4,800
- Implied volatility
- 29.23%
±2.42% over 4 days, from the ₹4,550 straddle
What option prices imply, not a forecast of where the stock will trade
₹251 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹4,500Heaviest call ₹5,100ATM ₹4,550 · PCR 0.42
At the close on Friday, 23 October 2026, Interglobe Aviation options were pricing a move of ±₹110.05 by the Tuesday, 27 October 2026 expiry — a range of ₹4,438.95 to ₹4,659.05 against a closing price of ₹4,549.00. The figure is the at-the-money straddle at the ₹4,550 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 ₹4,800, ₹251.00 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 ₹4,500 with 1,31,700 contracts, and the heaviest call position at ₹5,100 with 5,58,300 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 29.23% for the Tuesday, 27 October 2026 expiry. Realised volatility for Interglobe Aviation is not yet available for comparison.
This page is a record of where Interglobe Aviation'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 Interglobe Aviation options pricing this expiry?
- ±₹110.05, or 2.42%, giving a range of ₹4,438.95 to ₹4,659.05 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹4,550 strike.
- What is Interglobe Aviation's max pain?
- ₹4,800 at the last close, against a closing price of ₹4,549.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Interglobe Aviation option chain?
- The largest put position sits at ₹4,500 with 1,31,700 contracts, and the largest call position at ₹5,100 with 5,58,300 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 Interglobe Aviation options?
- 150 shares per lot, with strikes in steps of ₹50. At the implied move of ±₹110.05, one lot corresponds to ±₹16,508 of notional movement.