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TVSMOTOR options

TVS Motor Company option chain and implied move

Market-implied move±₹89.10At 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±₹89.10±2.24% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle
Implied range₹3,891.10 – ₹4,069.30What option prices imply, not a forecast of where the stock will trade
Max pain₹4,000The strike at which the largest value of written options would expire worthless
Heaviest put strike₹3,9501,30,025 contracts — the largest put position on the chain
Heaviest call strike₹4,1002,36,775 contracts — the largest call position on the chain
Put-call ratio0.78Total put open interest divided by total call open interest across the chain
Implied volatility (ATM)25.70%At-the-money implied volatility for the front expiry
Market-implied move
±₹89.10

±2.24% over 4 days, from the ₹4,000 straddle

Implied range
₹3,891 – ₹4,069

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

Max pain
₹4,000

₹20 above the close

Implied volatility
25.70%

At the money, for the front expiry

Where the close sits against the range option prices imply, and against max pain.
₹3,891
₹4,069
₹4,000max pain
₹3,980close

Implied rangeMax painLast close

Open interest by strike. Both sides drawn to one scale, so the heavier side is the taller one.
PutsStrikeCalls
50,225
₹3,500
10,500
9,975
₹3,550
0
72,975
₹3,600
6,825
8,225
₹3,650
0
74,725
₹3,700
350
43,925
₹3,750
4,900
72,625
₹3,800
79,100
46,200
₹3,850
34,125
76,650
₹3,900
64,050
1,30,025
₹3,950
79,800
92,400
₹4,000
1,61,175
65,975
₹4,050
98,525
1,05,700
₹4,100
2,36,775
79,275
₹4,150
91,175
71,750
₹4,200
1,96,525
5,250
₹4,250
50,750
12,425
₹4,300
73,675
2,625
₹4,350
20,825
33,775
₹4,400
80,500
2,100
₹4,450
9,450
8,925
₹4,500
89,775

Heaviest put ₹3,950Heaviest call ₹4,100ATM ₹4,000 · PCR 0.78

At the close on Friday, 23 October 2026, TVS Motor Company options were pricing a move of ±₹89.10 by the Tuesday, 27 October 2026 expiry — a range of ₹3,891.10 to ₹4,069.30 against a closing price of ₹3,980.20. The figure is the at-the-money straddle at the ₹4,000 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 ₹4,000, ₹19.80 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 ₹3,950 with 1,30,025 contracts, and the heaviest call position at ₹4,100 with 2,36,775 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 25.70% for the Tuesday, 27 October 2026 expiry. Realised volatility for TVS Motor Company is not yet available for comparison.

This page is a record of where TVS Motor Company'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 TVS Motor Company options pricing this expiry?
±₹89.10, or 2.24%, giving a range of ₹3,891.10 to ₹4,069.30 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹4,000 strike.
What is TVS Motor Company's max pain?
₹4,000 at the last close, against a closing price of ₹3,980.20. Max pain is the strike at which the largest value of written options would expire worthless.
Where is support and resistance in the TVS Motor Company option chain?
The largest put position sits at ₹3,950 with 1,30,025 contracts, and the largest call position at ₹4,100 with 2,36,775 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 TVS Motor Company options?
175 shares per lot, with strikes in steps of ₹50. At the implied move of ±₹89.10, one lot corresponds to ±₹15,592 of notional movement.

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