IREDA options
IREDA option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹6.41 | ±6.44% to the Monday, 23 November 2026 expiry, from the at-the-money straddle |
| Implied range | ₹93.09 – ₹105.91 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹105 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹140 | 38,55,300 contracts — the largest put position on the chain |
| Heaviest call strike | ₹110 | 37,73,850 contracts — the largest call position on the chain |
| Put-call ratio | 0.86 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 31.25% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹6.41
- Implied range
- ₹93 – ₹106
- Max pain
- ₹105
- Implied volatility
- 31.25%
±6.44% over 24 days, from the ₹100 straddle
What option prices imply, not a forecast of where the stock will trade
₹6 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹140Heaviest call ₹110ATM ₹100 · PCR 0.86
At the close on Friday, 30 October 2026, IREDA options were pricing a move of ±₹6.41 by the Monday, 23 November 2026 expiry — a range of ₹93.09 to ₹105.91 against a closing price of ₹99.50. The figure is the at-the-money straddle at the ₹100 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 ₹105, ₹5.50 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 ₹140 with 38,55,300 contracts, and the heaviest call position at ₹110 with 37,73,850 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 31.25% for the Monday, 23 November 2026 expiry. Realised volatility for IREDA is not yet available for comparison.
This page is a record of where IREDA's chain finished on Friday, 30 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 IREDA options pricing this expiry?
- ±₹6.41, or 6.44%, giving a range of ₹93.09 to ₹105.91 by Monday, 23 November 2026. The figure is derived from the at-the-money straddle at the ₹100 strike.
- What is IREDA's max pain?
- ₹105 at the last close, against a closing price of ₹99.50. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the IREDA option chain?
- The largest put position sits at ₹140 with 38,55,300 contracts, and the largest call position at ₹110 with 37,73,850 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 IREDA options?
- 4,525 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹6.41, one lot corresponds to ±₹29,005 of notional movement.