RVNL options
RVNL option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.05 | ±2.79% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹176.26 – ₹186.36 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹200 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹180 | 24,81,325 contracts — the largest put position on the chain |
| Heaviest call strike | ₹210 | 19,96,225 contracts — the largest call position on the chain |
| Put-call ratio | 0.87 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 33.20% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.05
- Implied range
- ₹176 – ₹186
- Max pain
- ₹200
- Implied volatility
- 33.20%
±2.79% over 4 days, from the ₹183 straddle
What option prices imply, not a forecast of where the stock will trade
₹19 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹180Heaviest call ₹210ATM ₹183 · PCR 0.87
At the close on Friday, 23 October 2026, RVNL options were pricing a move of ±₹5.05 by the Tuesday, 27 October 2026 expiry — a range of ₹176.26 to ₹186.36 against a closing price of ₹181.31. The figure is the at-the-money straddle at the ₹183 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 ₹200, ₹18.69 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 ₹180 with 24,81,325 contracts, and the heaviest call position at ₹210 with 19,96,225 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 33.20% for the Tuesday, 27 October 2026 expiry. Realised volatility for RVNL is not yet available for comparison.
This page is a record of where RVNL'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 RVNL options pricing this expiry?
- ±₹5.05, or 2.79%, giving a range of ₹176.26 to ₹186.36 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹183 strike.
- What is RVNL's max pain?
- ₹200 at the last close, against a closing price of ₹181.31. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the RVNL option chain?
- The largest put position sits at ₹180 with 24,81,325 contracts, and the largest call position at ₹210 with 19,96,225 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 RVNL options?
- 1,925 shares per lot, with strikes in steps of ₹3. At the implied move of ±₹5.05, one lot corresponds to ±₹9,721 of notional movement.