TATAELXSI options
Tata Elxsi option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹101.55 | ±2.74% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹3,598.45 – ₹3,801.55 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹3,500 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹3,600 | 1,57,125 contracts — the largest put position on the chain |
| Heaviest call strike | ₹3,900 | 2,26,250 contracts — the largest call position on the chain |
| Put-call ratio | 0.96 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 32.01% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹101.55
- Implied range
- ₹3,598 – ₹3,802
- Max pain
- ₹3,500
- Implied volatility
- 32.01%
±2.74% over 4 days, from the ₹3,700 straddle
What option prices imply, not a forecast of where the stock will trade
₹200 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹3,600Heaviest call ₹3,900ATM ₹3,700 · PCR 0.96
At the close on Friday, 23 October 2026, Tata Elxsi options were pricing a move of ±₹101.55 by the Tuesday, 27 October 2026 expiry — a range of ₹3,598.45 to ₹3,801.55 against a closing price of ₹3,700.00. The figure is the at-the-money straddle at the ₹3,700 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 ₹3,500, ₹200.00 below 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 ₹3,600 with 1,57,125 contracts, and the heaviest call position at ₹3,900 with 2,26,250 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 32.01% for the Tuesday, 27 October 2026 expiry. Realised volatility for Tata Elxsi is not yet available for comparison.
This page is a record of where Tata Elxsi'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 Tata Elxsi options pricing this expiry?
- ±₹101.55, or 2.74%, giving a range of ₹3,598.45 to ₹3,801.55 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹3,700 strike.
- What is Tata Elxsi's max pain?
- ₹3,500 at the last close, against a closing price of ₹3,700.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Tata Elxsi option chain?
- The largest put position sits at ₹3,600 with 1,57,125 contracts, and the largest call position at ₹3,900 with 2,26,250 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 Tata Elxsi options?
- 125 shares per lot, with strikes in steps of ₹50. At the implied move of ±₹101.55, one lot corresponds to ±₹12,694 of notional movement.