VOLTAS options
Voltas option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹26.00 | ±2.74% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹924.00 – ₹976.00 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹1,060 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹1,100 | 3,08,250 contracts — the largest put position on the chain |
| Heaviest call strike | ₹1,040 | 5,25,375 contracts — the largest call position on the chain |
| Put-call ratio | 0.65 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 31.37% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹26.00
- Implied range
- ₹924 – ₹976
- Max pain
- ₹1,060
- Implied volatility
- 31.37%
±2.74% over 4 days, from the ₹940 straddle
What option prices imply, not a forecast of where the stock will trade
₹110 above the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹1,100Heaviest call ₹1,040ATM ₹940 · PCR 0.65
At the close on Friday, 23 October 2026, Voltas options were pricing a move of ±₹26.00 by the Tuesday, 27 October 2026 expiry — a range of ₹924.00 to ₹976.00 against a closing price of ₹950.00. The figure is the at-the-money straddle at the ₹940 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 ₹1,060, ₹110.00 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 ₹1,100 with 3,08,250 contracts, and the heaviest call position at ₹1,040 with 5,25,375 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 31.37% for the Tuesday, 27 October 2026 expiry. Realised volatility for Voltas is not yet available for comparison.
This page is a record of where Voltas'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 Voltas options pricing this expiry?
- ±₹26.00, or 2.74%, giving a range of ₹924.00 to ₹976.00 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹940 strike.
- What is Voltas's max pain?
- ₹1,060 at the last close, against a closing price of ₹950.00. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Voltas option chain?
- The largest put position sits at ₹1,100 with 3,08,250 contracts, and the largest call position at ₹1,040 with 5,25,375 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 Voltas options?
- 375 shares per lot, with strikes in steps of ₹20. At the implied move of ±₹26.00, one lot corresponds to ±₹9,750 of notional movement.