POWERGRID options
Power Grid Corp option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹4.30 | ±1.74% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹243.10 – ₹251.70 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹255 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹270 | 12,82,500 contracts — the largest put position on the chain |
| Heaviest call strike | ₹265 | 34,50,400 contracts — the largest call position on the chain |
| Put-call ratio | 0.46 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 21.00% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹4.30
- Implied range
- ₹243 – ₹252
- Max pain
- ₹255
- Implied volatility
- 21.00%
±1.74% over 4 days, from the ₹248 straddle
What option prices imply, not a forecast of where the stock will trade
₹8 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹270Heaviest call ₹265ATM ₹248 · PCR 0.46
At the close on Friday, 23 October 2026, Power Grid Corp options were pricing a move of ±₹4.30 by the Tuesday, 27 October 2026 expiry — a range of ₹243.10 to ₹251.70 against a closing price of ₹247.40. The figure is the at-the-money straddle at the ₹248 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 ₹255, ₹7.60 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 ₹270 with 12,82,500 contracts, and the heaviest call position at ₹265 with 34,50,400 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 21.00% for the Tuesday, 27 October 2026 expiry. Realised volatility for Power Grid Corp is not yet available for comparison.
This page is a record of where Power Grid Corp'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 Power Grid Corp options pricing this expiry?
- ±₹4.30, or 1.74%, giving a range of ₹243.10 to ₹251.70 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹248 strike.
- What is Power Grid Corp's max pain?
- ₹255 at the last close, against a closing price of ₹247.40. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Power Grid Corp option chain?
- The largest put position sits at ₹270 with 12,82,500 contracts, and the largest call position at ₹265 with 34,50,400 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 Power Grid Corp options?
- 1,900 shares per lot, with strikes in steps of ₹3. At the implied move of ±₹4.30, one lot corresponds to ±₹8,170 of notional movement.