NMDC options
NMDC option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹1.45 | ±2.19% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹64.90 – ₹67.80 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹75 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹80 | 51,84,000 contracts — the largest put position on the chain |
| Heaviest call strike | ₹80 | 68,24,250 contracts — the largest call position on the chain |
| Put-call ratio | 0.60 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 25.39% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹1.45
- Implied range
- ₹65 – ₹68
- Max pain
- ₹75
- Implied volatility
- 25.39%
±2.19% over 4 days, from the ₹66 straddle
What option prices imply, not a forecast of where the stock will trade
₹9 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹80Heaviest call ₹80ATM ₹66 · PCR 0.60
At the close on Friday, 23 October 2026, NMDC options were pricing a move of ±₹1.45 by the Tuesday, 27 October 2026 expiry — a range of ₹64.90 to ₹67.80 against a closing price of ₹66.35. The figure is the at-the-money straddle at the ₹66 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 ₹75, ₹8.65 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 ₹80 with 51,84,000 contracts, and the heaviest call position at ₹80 with 68,24,250 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 25.39% for the Tuesday, 27 October 2026 expiry. Realised volatility for NMDC is not yet available for comparison.
This page is a record of where NMDC'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 NMDC options pricing this expiry?
- ±₹1.45, or 2.19%, giving a range of ₹64.90 to ₹67.80 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹66 strike.
- What is NMDC's max pain?
- ₹75 at the last close, against a closing price of ₹66.35. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the NMDC option chain?
- The largest put position sits at ₹80 with 51,84,000 contracts, and the largest call position at ₹80 with 68,24,250 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 NMDC options?
- 6,750 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹1.45, one lot corresponds to ±₹9,788 of notional movement.