PAGEIND options
Page Industries option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹2,077.00 | ±5.68% to the Monday, 23 November 2026 expiry, from the at-the-money straddle |
| Implied range | ₹34,493.00 – ₹38,647.00 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹36,500 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹35,000 | 8,320 contracts — the largest put position on the chain |
| Heaviest call strike | ₹37,000 | 13,060 contracts — the largest call position on the chain |
| Put-call ratio | 0.91 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 39.36% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹2,077.00
- Implied range
- ₹34,493 – ₹38,647
- Max pain
- ₹36,500
- Implied volatility
- 39.36%
±5.68% over 12 days, from the ₹36,500 straddle
What option prices imply, not a forecast of where the stock will trade
₹70 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹35,000Heaviest call ₹37,000ATM ₹36,500 · PCR 0.91
At the close on Wednesday, 11 November 2026, Page Industries options were pricing a move of ±₹2,077.00 by the Monday, 23 November 2026 expiry — a range of ₹34,493.00 to ₹38,647.00 against a closing price of ₹36,570.00. The figure is the at-the-money straddle at the ₹36,500 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 ₹36,500, ₹70.00 below 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 ₹35,000 with 8,320 contracts, and the heaviest call position at ₹37,000 with 13,060 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 39.36% for the Monday, 23 November 2026 expiry. Realised volatility for Page Industries is not yet available for comparison.
This page is a record of where Page Industries's chain finished on Wednesday, 11 November 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 Page Industries options pricing this expiry?
- ±₹2,077.00, or 5.68%, giving a range of ₹34,493.00 to ₹38,647.00 by Monday, 23 November 2026. The figure is derived from the at-the-money straddle at the ₹36,500 strike.
- What is Page Industries's max pain?
- ₹36,500 at the last close, against a closing price of ₹36,570.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Page Industries option chain?
- The largest put position sits at ₹35,000 with 8,320 contracts, and the largest call position at ₹37,000 with 13,060 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 Page Industries options?
- 20 shares per lot, with strikes in steps of ₹500. At the implied move of ±₹2,077.00, one lot corresponds to ±₹41,540 of notional movement.