TMPV options
Tata Motors option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.75 | ±2.17% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹258.85 – ₹270.35 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹285 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹285 | 46,89,600 contracts — the largest put position on the chain |
| Heaviest call strike | ₹285 | 93,12,000 contracts — the largest call position on the chain |
| Put-call ratio | 0.58 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 25.88% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.75
- Implied range
- ₹259 – ₹270
- Max pain
- ₹285
- Implied volatility
- 25.88%
±2.17% over 4 days, from the ₹265 straddle
What option prices imply, not a forecast of where the stock will trade
₹20 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹285Heaviest call ₹285ATM ₹265 · PCR 0.58
At the close on Friday, 23 October 2026, Tata Motors options were pricing a move of ±₹5.75 by the Tuesday, 27 October 2026 expiry — a range of ₹258.85 to ₹270.35 against a closing price of ₹264.60. The figure is the at-the-money straddle at the ₹265 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 ₹285, ₹20.40 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 ₹285 with 46,89,600 contracts, and the heaviest call position at ₹285 with 93,12,000 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 25.88% for the Tuesday, 27 October 2026 expiry. Realised volatility for Tata Motors is not yet available for comparison.
This page is a record of where Tata Motors'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 Motors options pricing this expiry?
- ±₹5.75, or 2.17%, giving a range of ₹258.85 to ₹270.35 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹265 strike.
- What is Tata Motors's max pain?
- ₹285 at the last close, against a closing price of ₹264.60. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Tata Motors option chain?
- The largest put position sits at ₹285 with 46,89,600 contracts, and the largest call position at ₹285 with 93,12,000 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 Motors options?
- 1,600 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹5.75, one lot corresponds to ±₹9,200 of notional movement.