PNBHOUSING options
PNB Housing Finance option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹87.85 | ±8.07% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹1,001.25 – ₹1,176.95 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹1,140 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹1,060 | 1,41,700 contracts — the largest put position on the chain |
| Heaviest call strike | ₹1,200 | 1,93,050 contracts — the largest call position on the chain |
| Put-call ratio | 0.68 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 95.77% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹87.85
- Implied range
- ₹1,001 – ₹1,177
- Max pain
- ₹1,140
- Implied volatility
- 95.77%
±8.07% over 4 days, from the ₹1,080 straddle
What option prices imply, not a forecast of where the stock will trade
₹51 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹1,060Heaviest call ₹1,200ATM ₹1,080 · PCR 0.68
At the close on Friday, 23 October 2026, PNB Housing Finance options were pricing a move of ±₹87.85 by the Tuesday, 27 October 2026 expiry — a range of ₹1,001.25 to ₹1,176.95 against a closing price of ₹1,089.10. The figure is the at-the-money straddle at the ₹1,080 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 ₹1,140, ₹50.90 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 ₹1,060 with 1,41,700 contracts, and the heaviest call position at ₹1,200 with 1,93,050 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 95.77% for the Tuesday, 27 October 2026 expiry. Realised volatility for PNB Housing Finance is not yet available for comparison.
This page is a record of where PNB Housing Finance'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 PNB Housing Finance options pricing this expiry?
- ±₹87.85, or 8.07%, giving a range of ₹1,001.25 to ₹1,176.95 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹1,080 strike.
- What is PNB Housing Finance's max pain?
- ₹1,140 at the last close, against a closing price of ₹1,089.10. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the PNB Housing Finance option chain?
- The largest put position sits at ₹1,060 with 1,41,700 contracts, and the largest call position at ₹1,200 with 1,93,050 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 PNB Housing Finance options?
- 650 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹87.85, one lot corresponds to ±₹57,102 of notional movement.