IDEA options
Vodafone Idea option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹0.52 | ±4.58% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹10.84 – ₹11.88 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹13 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹14 | 14,52,37,200 contracts — the largest put position on the chain |
| Heaviest call strike | ₹14 | 33,09,29,250 contracts — the largest call position on the chain |
| Put-call ratio | 0.47 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 31.25% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹0.52
- Implied range
- ₹11 – ₹12
- Max pain
- ₹13
- Implied volatility
- 31.25%
±4.58% over 4 days, from the ₹11 straddle
What option prices imply, not a forecast of where the stock will trade
₹2 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹14Heaviest call ₹14ATM ₹11 · PCR 0.47
At the close on Friday, 23 October 2026, Vodafone Idea options were pricing a move of ±₹0.52 by the Tuesday, 27 October 2026 expiry — a range of ₹10.84 to ₹11.88 against a closing price of ₹11.36. The figure is the at-the-money straddle at the ₹11 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 ₹13, ₹1.64 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 ₹14 with 14,52,37,200 contracts, and the heaviest call position at ₹14 with 33,09,29,250 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 31.25% for the Tuesday, 27 October 2026 expiry. Realised volatility for Vodafone Idea is not yet available for comparison.
This page is a record of where Vodafone Idea'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 Vodafone Idea options pricing this expiry?
- ±₹0.52, or 4.58%, giving a range of ₹10.84 to ₹11.88 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹11 strike.
- What is Vodafone Idea's max pain?
- ₹13 at the last close, against a closing price of ₹11.36. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Vodafone Idea option chain?
- The largest put position sits at ₹14 with 14,52,37,200 contracts, and the largest call position at ₹14 with 33,09,29,250 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 Vodafone Idea options?
- 71,475 shares per lot, with strikes in steps of ₹1. At the implied move of ±₹0.52, one lot corresponds to ±₹37,167 of notional movement.