INDUSINDBK options
IndusInd Bank option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹32.75 | ±3.92% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹802.25 – ₹867.75 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹900 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹900 | 6,62,900 contracts — the largest put position on the chain |
| Heaviest call strike | ₹900 | 11,20,000 contracts — the largest call position on the chain |
| Put-call ratio | 1.01 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 47.25% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹32.75
- Implied range
- ₹802 – ₹868
- Max pain
- ₹900
- Implied volatility
- 47.25%
±3.92% over 4 days, from the ₹830 straddle
What option prices imply, not a forecast of where the stock will trade
₹65 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹900Heaviest call ₹900ATM ₹830 · PCR 1.01
At the close on Friday, 23 October 2026, IndusInd Bank options were pricing a move of ±₹32.75 by the Tuesday, 27 October 2026 expiry — a range of ₹802.25 to ₹867.75 against a closing price of ₹835.00. The figure is the at-the-money straddle at the ₹830 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 ₹900, ₹65.00 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 ₹900 with 6,62,900 contracts, and the heaviest call position at ₹900 with 11,20,000 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 47.25% for the Tuesday, 27 October 2026 expiry. Realised volatility for IndusInd Bank is not yet available for comparison.
This page is a record of where IndusInd Bank'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 IndusInd Bank options pricing this expiry?
- ±₹32.75, or 3.92%, giving a range of ₹802.25 to ₹867.75 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹830 strike.
- What is IndusInd Bank's max pain?
- ₹900 at the last close, against a closing price of ₹835.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the IndusInd Bank option chain?
- The largest put position sits at ₹900 with 6,62,900 contracts, and the largest call position at ₹900 with 11,20,000 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 IndusInd Bank options?
- 700 shares per lot, with strikes in steps of ₹10. At the implied move of ±₹32.75, one lot corresponds to ±₹22,925 of notional movement.