WIPRO options
Wipro option chain and implied move
| Metric | Value | Read |
|---|---|---|
| Market-implied move | ±₹5.13 | ±2.70% to the Tuesday, 27 October 2026 expiry, from the at-the-money straddle |
| Implied range | ₹184.71 – ₹194.97 | What option prices imply, not a forecast of where the stock will trade |
| Max pain | ₹183 | The strike at which the largest value of written options would expire worthless |
| Heaviest put strike | ₹195 | 85,11,000 contracts — the largest put position on the chain |
| Heaviest call strike | ₹195 | 66,75,000 contracts — the largest call position on the chain |
| Put-call ratio | 1.17 | Total put open interest divided by total call open interest across the chain |
| Implied volatility (ATM) | 32.72% | At-the-money implied volatility for the front expiry |
- Market-implied move
- ±₹5.13
- Implied range
- ₹185 – ₹195
- Max pain
- ₹183
- Implied volatility
- 32.72%
±2.70% over 4 days, from the ₹190 straddle
What option prices imply, not a forecast of where the stock will trade
₹7 below the close
At the money, for the front expiry
Implied rangeMax painLast close
Heaviest put ₹195Heaviest call ₹195ATM ₹190 · PCR 1.17
At the close on Friday, 23 October 2026, Wipro options were pricing a move of ±₹5.13 by the Tuesday, 27 October 2026 expiry — a range of ₹184.71 to ₹194.97 against a closing price of ₹189.84. The figure is the at-the-money straddle at the ₹190 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 ₹183, ₹7.34 below 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 ₹195 with 85,11,000 contracts, and the heaviest call position at ₹195 with 66,75,000 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 32.72% for the Tuesday, 27 October 2026 expiry. Realised volatility for Wipro is not yet available for comparison.
This page is a record of where Wipro'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 Wipro options pricing this expiry?
- ±₹5.13, or 2.70%, giving a range of ₹184.71 to ₹194.97 by Tuesday, 27 October 2026. The figure is derived from the at-the-money straddle at the ₹190 strike.
- What is Wipro's max pain?
- ₹183 at the last close, against a closing price of ₹189.84. Max pain is the strike at which the largest value of written options would expire worthless.
- Where is support and resistance in the Wipro option chain?
- The largest put position sits at ₹195 with 85,11,000 contracts, and the largest call position at ₹195 with 66,75,000 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 Wipro options?
- 3,000 shares per lot, with strikes in steps of ₹3. At the implied move of ±₹5.13, one lot corresponds to ±₹15,390 of notional movement.