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SOLARINDS options

Solar Industries (India) option chain and implied move

Market-implied move±₹470.05At 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±₹470.05±2.56% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹17,894.95 – ₹18,835.05What option prices imply, not a forecast of where the stock will trade
Max pain₹19,500The strike at which the largest value of written options would expire worthless
Heaviest put strike₹20,00037,500 contracts — the largest put position on the chain
Heaviest call strike₹20,0001,04,550 contracts — the largest call position on the chain
Put-call ratio0.49Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)30.16%At-the-money implied volatility for the front expiry
Market-implied move
±₹470.05

±2.56% over 4 days, from the ₹18,250 straddle

Implied range
₹17,895 – ₹18,835

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

Max pain
₹19,500

₹1,135 above the close

Implied volatility
30.16%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹17,895
₹18,835
₹19,500max pain
₹18,365close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
15,700
₹16,000
650
1,750
₹16,500
150
19,800
₹17,000
100
850
₹17,250
0
11,700
₹17,500
500
3,600
₹17,750
1,050
19,350
₹18,000
2,750
3,800
₹18,250
1,000
22,450
₹18,500
12,650
11,800
₹18,750
7,700
19,850
₹19,000
34,650
8,750
₹19,250
12,700
15,700
₹19,500
36,400
18,000
₹19,750
19,250
37,500
₹20,000
1,04,550
8,050
₹20,250
38,050
8,850
₹20,500
45,400
850
₹20,750
14,800

Heaviest put ₹20,000Heaviest call ₹20,000ATM ₹18,250 · PCR 0.49

At the close on Friday, 23 October 2026, Solar Industries (India) options were pricing a move of ±₹470.05 by the Tuesday, 27 October 2026 expiry — a range of ₹17,894.95 to ₹18,835.05 against a closing price of ₹18,365.00. The figure is the at-the-money straddle at the ₹18,250 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 ₹19,500, ₹1,135.00 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 ₹20,000 with 37,500 contracts, and the heaviest call position at ₹20,000 with 1,04,550 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 30.16% for the Tuesday, 27 October 2026 expiry. Realised volatility for Solar Industries (India) is not yet available for comparison.

This page is a record of where Solar Industries (India)'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 Solar Industries (India) options pricing this expiry?
±₹470.05, or 2.56%, giving a range of ₹17,894.95 to ₹18,835.05 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹18,250 strike.
What is Solar Industries (India)'s max pain?
₹19,500 at the last close, against a closing price of ₹18,365.00. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the Solar Industries (India) option chain?
The largest put position sits at ₹20,000 with 37,500 contracts, and the largest call position at ₹20,000 with 1,04,550 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 Solar Industries (India) options?
50 shares per lot, with strikes in steps of ₹250. At the implied move of ±₹470.05, one lot corresponds to ±₹23,503 of notional movement.

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