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KALYANKJIL options

Kalyan Jewellers option chain and implied move

Market-implied move±₹11.70At the close on Friday, 23 October 2026 · 4 days to the Tuesday, 27 October 2026 expiry
Market-implied move: current value and reading. Updated 3:45 PM IST · 23 October 2026
MetricValueRead
Market-implied move±₹11.70±2.29% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹500.30 – ₹523.70What option prices imply, not a forecast of where the stock will trade
Max pain₹540The strike at which the largest value of written options would expire worthless
Heaviest put strike₹51011,08,350 contracts — the largest put position on the chain
Heaviest call strike₹57026,20,350 contracts — the largest call position on the chain
Put-call ratio0.51Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)27.59%At-the-money implied volatility for the front expiry
Market-implied move
±₹11.70

±2.29% over 4 days, from the ₹510 straddle

Implied range
₹500 – ₹524

What option prices imply, not a forecast of where the stock will trade

Max pain
₹540

₹28 above the close

Implied volatility
27.59%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹500
₹524
₹540max pain
₹512close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
64,800
₹420
17,550
20,250
₹440
4,050
1,01,250
₹450
0
2,44,350
₹460
0
2,18,700
₹470
4,050
3,30,750
₹480
0
7,96,500
₹490
2,05,200
8,23,500
₹500
1,57,950
11,08,350
₹510
8,32,950
5,40,000
₹520
9,34,200
7,27,650
₹530
11,61,000
5,98,050
₹540
12,10,950
7,27,650
₹550
12,29,850
6,91,200
₹560
15,97,050
6,66,900
₹570
26,20,350
9,74,700
₹580
22,68,000
1,84,950
₹590
9,12,600
7,77,600
₹600
25,39,350
35,100
₹610
5,92,650

Heaviest put ₹510Heaviest call ₹570ATM ₹510 · PCR 0.51

At the close on Friday, 23 October 2026, Kalyan Jewellers options were pricing a move of ±₹11.70 by the Tuesday, 27 October 2026 expiry — a range of ₹500.30 to ₹523.70 against a closing price of ₹512.00. The figure is the at-the-money straddle at the ₹510 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 ₹540, ₹28.00 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 ₹510 with 11,08,350 contracts, and the heaviest call position at ₹570 with 26,20,350 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 27.59% for the Tuesday, 27 October 2026 expiry. Realised volatility for Kalyan Jewellers is not yet available for comparison.

This page is a record of where Kalyan Jewellers'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.

Source: NSE option chain via Upstox. .

Frequently asked questions

What move are Kalyan Jewellers options pricing this expiry?
±₹11.70, or 2.29%, giving a range of ₹500.30 to ₹523.70 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹510 strike.
What is Kalyan Jewellers's max pain?
₹540 at the last close, against a closing price of ₹512.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Kalyan Jewellers option chain?
The largest put position sits at ₹510 with 11,08,350 contracts, and the largest call position at ₹570 with 26,20,350 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 Kalyan Jewellers options?
1,350 shares per lot, with strikes in steps of ₹10. At the implied move of ±₹11.70, one lot corresponds to ±₹15,795 of notional movement.

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