TATAPOWER options
Tata Power option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹7.55 | ±2.17% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹340.55 – ₹355.65 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹360 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹350 | 19,69,100 contracts — the largest put position on the chain |
| Heaviest call strike | ₹360 | 34,97,400 contracts — the largest call position on the chain |
| Put-call ratio | 0.76 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 9.77% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹7.55
- Implied range
- ₹341 – ₹356
- Max pain
- ₹360
- Implied volatility
- 9.77%
±2.17% over 4 days, from the ₹350 straddle
What option prices imply, not a forecast of where the stock will trade
₹12 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹350Heaviest call ₹360ATM ₹350 · PCR 0.76
At the close on Friday, 23 October 2026, Tata Power options were pricing a move of ±₹7.55 by the Tuesday, 27 October 2026 expiry — a range of ₹340.55 to ₹355.65 against a closing price of ₹348.10. The figure is the at-the-money straddle at the ₹350 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 ₹360, ₹11.90 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 ₹350 with 19,69,100 contracts, and the heaviest call position at ₹360 with 34,97,400 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 9.77% for the Tuesday, 27 October 2026 expiry. Realised volatility for Tata Power is not yet available for comparison.
This page is a record of where Tata Power'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 Power options pricing this expiry?
- ±₹7.55, or 2.17%, giving a range of ₹340.55 to ₹355.65 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹350 strike.
- What is Tata Power's max pain?
- ₹360 at the last close, against a closing price of ₹348.10. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Tata Power option chain?
- The largest put position sits at ₹350 with 19,69,100 contracts, and the largest call position at ₹360 with 34,97,400 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 Power options?
- 1,450 shares per lot, with strikes in steps of ₹5. At the implied move of ±₹7.55, one lot corresponds to ±₹10,948 of notional movement.