INDUSTOWER options
Indus Towers option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.80 | ±1.53% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹374.20 – ₹385.80 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹380 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹340 | 27,37,000 contracts — the largest put position on the chain |
| Heaviest call strike | ₹380 | 66,57,200 contracts — the largest call position on the chain |
| Put-call ratio | 0.61 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 17.58% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.80
- Implied range
- ₹374 – ₹386
- Max pain
- ₹380
- Implied volatility
- 17.58%
±1.53% over 4 days, from the ₹380 straddle
What option prices imply, not a forecast of where the stock will trade
₹0 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹340Heaviest call ₹380ATM ₹380 · PCR 0.61
At the close on Friday, 23 October 2026, Indus Towers options were pricing a move of ±₹5.80 by the Tuesday, 27 October 2026 expiry — a range of ₹374.20 to ₹385.80 against a closing price of ₹380.00. The figure is the at-the-money straddle at the ₹380 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 ₹380, ₹0.00 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 ₹340 with 27,37,000 contracts, and the heaviest call position at ₹380 with 66,57,200 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 17.58% for the Tuesday, 27 October 2026 expiry. Realised volatility for Indus Towers is not yet available for comparison.
This page is a record of where Indus Towers'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 Indus Towers options pricing this expiry?
- ±₹5.80, or 1.53%, giving a range of ₹374.20 to ₹385.80 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹380 strike.
- What is Indus Towers's max pain?
- ₹380 at the last close, against a closing price of ₹380.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Indus Towers option chain?
- The largest put position sits at ₹340 with 27,37,000 contracts, and the largest call position at ₹380 with 66,57,200 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 Indus Towers options?
- 1,700 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹5.80, one lot corresponds to ±₹9,860 of notional movement.