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MARUTI options

Maruti Suzuki option chain and implied move

Market-implied move±₹205.85At 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±₹205.85±1.83% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹11,024.15 – ₹11,435.85What option prices imply, not a forecast of where the stock will trade
Max pain₹11,500The strike at which the largest value of written options would expire worthless
Heaviest put strike₹11,5001,69,200 contracts — the largest put position on the chain
Heaviest call strike₹12,0003,00,450 contracts — the largest call position on the chain
Put-call ratio0.49Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)21.02%At-the-money implied volatility for the front expiry
Market-implied move
±₹205.85

±1.83% over 4 days, from the ₹11,200 straddle

Implied range
₹11,024 – ₹11,436

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

Max pain
₹11,500

₹270 above the close

Implied volatility
21.02%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹11,024
₹11,436
₹11,500max pain
₹11,230close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
7,850
₹10,200
0
52,400
₹10,300
0
55,600
₹10,400
50
29,300
₹10,500
100
22,050
₹10,600
2,650
26,300
₹10,700
0
20,900
₹10,800
2,200
26,700
₹10,900
11,600
99,250
₹11,000
28,850
42,800
₹11,100
28,900
1,12,100
₹11,200
1,20,900
67,300
₹11,300
1,40,250
75,400
₹11,400
96,800
1,69,200
₹11,500
2,13,700
36,400
₹11,600
1,17,750
22,450
₹11,700
1,05,800
14,600
₹11,800
87,100
25,300
₹11,900
93,700
53,300
₹12,000
3,00,450
30,300
₹12,100
70,450
46,200
₹12,200
81,100

Heaviest put ₹11,500Heaviest call ₹12,000ATM ₹11,200 · PCR 0.49

At the close on Friday, 23 October 2026, Maruti Suzuki options were pricing a move of ±₹205.85 by the Tuesday, 27 October 2026 expiry — a range of ₹11,024.15 to ₹11,435.85 against a closing price of ₹11,230.00. The figure is the at-the-money straddle at the ₹11,200 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 ₹11,500, ₹270.00 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 ₹11,500 with 1,69,200 contracts, and the heaviest call position at ₹12,000 with 3,00,450 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 21.02% for the Tuesday, 27 October 2026 expiry. Realised volatility for Maruti Suzuki is not yet available for comparison.

This page is a record of where Maruti Suzuki'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 Maruti Suzuki options pricing this expiry?
±₹205.85, or 1.83%, giving a range of ₹11,024.15 to ₹11,435.85 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹11,200 strike.
What is Maruti Suzuki's max pain?
₹11,500 at the last close, against a closing price of ₹11,230.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Maruti Suzuki option chain?
The largest put position sits at ₹11,500 with 1,69,200 contracts, and the largest call position at ₹12,000 with 3,00,450 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 Maruti Suzuki options?
50 shares per lot, with strikes in steps of ₹100. At the implied move of ±₹205.85, one lot corresponds to ±₹10,293 of notional movement.

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