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SHRIRAMFIN options

Shriram Finance option chain and implied move

Market-implied move±₹31.00At the close on Friday, 23 October 2026 · 4 days to the Tuesday, 27 October 2026 expiry
Market-implied move: current value and reading. Updated 3:45 PM IST · 23 October 2026
MetricValueRead
Market-implied move±₹31.00±3.58% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹834.00 – ₹896.00What option prices imply, not a forecast of where the stock will trade
Max pain₹920The strike at which the largest value of written options would expire worthless
Heaviest put strike₹96013,04,325 contracts — the largest put position on the chain
Heaviest call strike₹90020,70,750 contracts — the largest call position on the chain
Put-call ratio0.53Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)42.73%At-the-money implied volatility for the front expiry
Market-implied move
±₹31.00

±3.58% over 4 days, from the ₹860 straddle

Implied range
₹834 – ₹896

What option prices imply, not a forecast of where the stock will trade

Max pain
₹920

₹55 above the close

Implied volatility
42.73%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹834
₹896
₹920max pain
₹865close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
2,45,025
₹760
0
3,12,675
₹800
3,300
2,94,525
₹820
5,775
3,71,250
₹840
1,32,000
3,05,250
₹860
1,77,375
2,79,675
₹880
6,91,350
5,14,800
₹900
20,70,750
9,28,950
₹920
7,67,250
5,66,775
₹940
19,71,750
13,04,325
₹960
15,82,350
6,17,100
₹980
16,18,650
4,31,475
₹1,000
18,07,575
3,19,275
₹1,020
5,14,800
79,200
₹1,040
3,58,050
55,275
₹1,060
1,94,700

Heaviest put ₹960Heaviest call ₹900ATM ₹860 · PCR 0.53

At the close on Friday, 23 October 2026, Shriram Finance options were pricing a move of ±₹31.00 by the Tuesday, 27 October 2026 expiry — a range of ₹834.00 to ₹896.00 against a closing price of ₹865.00. The figure is the at-the-money straddle at the ₹860 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 ₹920, ₹55.00 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 ₹960 with 13,04,325 contracts, and the heaviest call position at ₹900 with 20,70,750 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 42.73% for the Tuesday, 27 October 2026 expiry. Realised volatility for Shriram Finance is not yet available for comparison.

This page is a record of where Shriram 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.

Source: NSE option chain via Upstox. .

Frequently asked questions

What move are Shriram Finance options pricing this expiry?
±₹31.00, or 3.58%, giving a range of ₹834.00 to ₹896.00 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹860 strike.
What is Shriram Finance's max pain?
₹920 at the last close, against a closing price of ₹865.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Shriram Finance option chain?
The largest put position sits at ₹960 with 13,04,325 contracts, and the largest call position at ₹900 with 20,70,750 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 Shriram Finance options?
825 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹31.00, one lot corresponds to ±₹25,575 of notional movement.

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