DIXON option chain

IV vs HV, IV percentile & PCR history →

End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 50

Spot

12,318.19

Future

12,385.00

Forward

12,384.34

23 Nov 2026 29 Dec 2026 25 Jan 2027

PCR (OI)

1.39

Puts 20.75 L / Calls 14.97 L

PCR (volume)

0.55

Puts 2.20 L / Calls 3.99 L

Max pain

12,000

strike with least total payout to holders

Highest OI

13,000 CE · 11,000 PE

ΔOI calls +1.77 L · puts +10.85 L

Open interest by strike

CallsPuts│ ATM┊ Max pain

Calls										Puts
Buildup	OI	ΔOI	Volume	IV %	Delta	Theta	Chg	LTP	Strike	LTP	Chg	Theta	Delta	IV %	Volume	ΔOI	OI	Buildup
Short buildup	550	+550	11	41.63	1.00	0.47	-2,762.45	3,373.40	9,000	8.30	-23.25	-1.40	-0.01	61.41	3,764	+40,600	88,350	Short buildup
Short buildup	50	+50	1	—	—	—	-2,329.25	2,555.75	9,500	10.80	-49.80	-1.67	-0.02	54.27	5,029	−700	47,750	Long unwinding
	—	—	—	—	—	—	—	3,617.15	9,750	30.60	—	-0.45	-0.01	40.04	—	—	—
Long buildup	4,550	+200	63	56.03	0.95	-3.60	+1,248.05	2,411.80	10,000	16.70	-100.80	-2.26	-0.03	48.50	16,590	+83,100	1.64 L	Short buildup
Long buildup	750	+150	14	48.21	0.95	-2.89	+1,205.00	2,155.00	10,250	21.80	-144.00	-2.69	-0.04	45.98	5,177	−5,200	17,900	Long unwinding
Short covering	11,250	−1,450	199	41.09	0.95	-2.32	+1,127.60	1,899.90	10,500	28.45	-201.55	-3.19	-0.05	43.41	18,577	+28,200	1.50 L	Short buildup
Short covering	12,050	−950	518	43.89	0.92	-4.39	+1,076.65	1,679.05	10,750	37.95	-272.95	-3.80	-0.07	40.99	9,286	+15,800	56,600	Short buildup
Short covering	59,300	−36,900	4,038	35.89	0.92	-3.46	+962.55	1,418.40	11,000	51.10	-364.85	-4.50	-0.09	38.60	33,099	+2.34 L	3.62 L	Short buildup
Short covering	53,700	−31,250	4,754	36.54	0.87	-5.18	+863.10	1,201.85	11,250	69.25	-477.00	-5.25	-0.13	36.21	13,707	+34,900	1.08 L	Short buildup
Short covering	1.42 L	−1.20 L	19,789	33.51	0.83	-5.78	+728.10	973.65	11,500	97.80	-605.35	-6.16	-0.17	34.25	37,562	+1.82 L	3.30 L	Short buildup
Short covering	44,100	−9,450	14,557	32.45	0.76	-6.95	+595.45	771.50	11,750	140.15	-724.45	-7.08	-0.24	32.54	14,929	+68,250	1.10 L	Short buildup
Short covering	1.49 L	−1.09 L	53,862	31.14	0.68	-7.79	+460.35	585.30	12,000	205.45	-872.05	-7.94	-0.32	31.44	29,874	+1.50 L	2.55 L	Short buildup
Long buildup	76,050	+37,950	31,502	30.66	0.57	-8.41	+342.70	431.00	12,250	297.10	-978.35	-8.43	-0.43	30.66	18,727	+1.45 L	1.56 L	Short buildup
Long buildup	1.80 L	+59,050	66,934	30.39	0.46	-8.46	+243.40	305.85	12,500	420.10	-1,073.10	-8.42	-0.54	30.30	11,062	+75,150	1.01 L	Short buildup
Long buildup	52,850	+33,400	25,462	30.16	0.36	-7.90	+163.60	208.00	12,750	576.95	-793.15	-7.96	-0.64	30.56	1,201	+13,800	16,550	Short buildup
Long buildup	2.48 L	+1.11 L	72,267	30.55	0.27	-7.04	+108.10	141.05	13,000	747.95	-1,228.55	-6.72	-0.74	29.85	1,432	+21,700	61,150	Short buildup
Long buildup	45,100	+14,050	22,633	31.47	0.20	-6.11	+74.05	97.65	13,250	1,349.00	0.00	-9.48	-0.73	41.70	—	—	50	Neutral
Long buildup	94,700	+39,200	31,136	32.42	0.14	-5.13	+48.50	67.50	13,500	1,165.65	-1,239.35	-4.20	-0.87	30.25	58	−250	11,650	Long unwinding
Long buildup	43,600	+33,650	12,505	33.53	0.10	-4.25	+33.30	47.55	13,750	1,400.05	-809.95	-3.47	-0.91	31.84	10	−150	500	Long unwinding
Long buildup	1.42 L	+86,700	25,305	34.78	0.08	-3.52	+23.60	34.35	14,000	1,634.00	-1,202.15	-2.42	-0.94	32.04	122	−650	25,700	Long unwinding
·	·	·	·	·	·	·	·	·	14,250	3,135.00	0.00	-5.37	-0.89	44.57	—	—	150	Neutral
Long buildup	30,100	+16,450	5,723	37.13	0.04	-2.35	+10.90	18.25	14,500	2,140.00	-1,210.00	-3.20	-0.94	41.30	12	+150	3,400	Short buildup
Long buildup	1.07 L	+54,450	7,960	39.92	0.03	-1.66	+5.15	11.00	15,000	2,599.95	-1,290.05	—	—	—	45	−900	10,450	Long unwinding

Source: NSE F&O bhavcopy (EOD, official). Black-76 on the forward; IV from close (settle if untraded). Forward: put-call parity, median of 5 near-ATM strikes. Discounting at 5.73% (91-day T-bill 5.73% (RBI, week of 16 Oct 2026)). Buildup labels describe price and open-interest changes only and are not advice. Spot: NSE F&O bhavcopy underlying price.