MARICO options
Marico option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹12.20 | ±1.59% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹754.30 – ₹778.70 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹790 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹780 | 5,42,400 contracts — the largest put position on the chain |
| Heaviest call strike | ₹790 | 9,50,400 contracts — the largest call position on the chain |
| Put-call ratio | 0.64 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 16.96% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹12.20
- Implied range
- ₹754 – ₹779
- Max pain
- ₹790
- Implied volatility
- 16.96%
±1.59% over 4 days, from the ₹770 straddle
What option prices imply, not a forecast of where the stock will trade
₹24 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹780Heaviest call ₹790ATM ₹770 · PCR 0.64
At the close on Friday, 23 October 2026, Marico options were pricing a move of ±₹12.20 by the Tuesday, 27 October 2026 expiry — a range of ₹754.30 to ₹778.70 against a closing price of ₹766.50. The figure is the at-the-money straddle at the ₹770 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 ₹790, ₹23.50 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 ₹780 with 5,42,400 contracts, and the heaviest call position at ₹790 with 9,50,400 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 16.96% for the Tuesday, 27 October 2026 expiry. Realised volatility for Marico is not yet available for comparison.
This page is a record of where Marico'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 Marico options pricing this expiry?
- ±₹12.20, or 1.59%, giving a range of ₹754.30 to ₹778.70 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹770 strike.
- What is Marico's max pain?
- ₹790 at the last close, against a closing price of ₹766.50. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Marico option chain?
- The largest put position sits at ₹780 with 5,42,400 contracts, and the largest call position at ₹790 with 9,50,400 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 Marico options?
- 1,200 shares per lot, with strikes in steps of ₹10. At the implied move of ±₹12.20, one lot corresponds to ±₹14,640 of notional movement.