HINDALCO option chain

IV vs HV, IV percentile & PCR history →

End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 700

Spot

911.39

Future

911.65

Forward

911.59

23 Nov 2026 29 Dec 2026 25 Jan 2027

PCR (OI)

0.86

Puts 99.31 L / Calls 1.15 Cr

PCR (volume)

0.47

Puts 10,173 / Calls 21,855

Max pain

900

strike with least total payout to holders

Highest OI

900 CE · 900 PE

ΔOI calls +12.67 L · puts +6.49 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
Neutral	2,800	—	—	56.06	0.94	-0.28	0.00	161.80	740	0.65	-0.30	-0.10	-0.02	42.75	33	−2,800	58,800	Long unwinding
Neutral	—	—	—	50.40	0.94	-0.28	0.00	303.90	760	0.90	-0.45	-0.13	-0.03	40.08	60	−5,600	1.72 L	Long unwinding
·	·	·	·	·	·	·	·	·	770	1.15	-0.55	-0.15	-0.03	39.31	51	+13,300	1.44 L	Short buildup
Neutral	—	—	—	45.12	0.93	-0.28	0.00	185.05	780	1.35	-0.90	-0.17	-0.04	37.92	106	+16,800	2.98 L	Short buildup
Neutral	—	—	—	42.70	0.92	-0.29	0.00	175.85	790	1.70	-1.15	-0.19	-0.05	37.05	78	−20,300	35,700	Long unwinding
Neutral	8,400	—	—	40.45	0.92	-0.30	0.00	98.00	800	2.25	-1.50	-0.23	-0.06	36.59	216	+21,700	8.74 L	Short buildup
Neutral	2,800	—	—	38.47	0.90	-0.31	0.00	68.00	810	2.75	-2.00	-0.26	-0.08	35.51	159	−2,800	95,200	Long unwinding
Neutral	—	—	—	36.76	0.89	-0.33	0.00	149.15	820	3.55	-2.50	-0.31	-0.10	34.94	187	−7,700	1.25 L	Long unwinding
Long buildup	27,300	+700	2	32.33	0.89	-0.29	+17.25	85.00	830	4.55	-3.20	-0.35	-0.12	34.37	340	−42,000	95,200	Long unwinding
Short covering	52,500	−11,200	61	32.11	0.86	-0.35	+16.75	76.30	840	5.75	-3.95	-0.40	-0.15	33.72	639	−25,200	2.04 L	Long unwinding
Short covering	2.44 L	−10,500	54	33.43	0.82	-0.44	+16.65	68.80	850	7.25	-4.95	-0.45	-0.18	33.12	938	−65,800	4.66 L	Long unwinding
Short covering	1.23 L	−2,800	46	31.44	0.79	-0.46	+14.70	59.80	860	9.30	-5.85	-0.50	-0.22	32.88	1,086	−14,000	3.28 L	Long unwinding
Long buildup	1.91 L	+2,800	139	32.25	0.74	-0.53	+14.40	52.95	870	11.70	-6.95	-0.55	-0.26	32.53	748	+33,600	2.74 L	Short buildup
Long buildup	7.12 L	+18,900	604	31.94	0.69	-0.58	+13.30	45.85	880	14.25	-8.30	-0.58	-0.31	31.78	1,197	+94,500	7.62 L	Short buildup
Short covering	8.10 L	−58,800	1,080	31.49	0.64	-0.61	+11.90	39.15	890	17.90	-9.15	-0.62	-0.36	31.82	1,197	+2.10 L	11.53 L	Short buildup
Short covering	21.27 L	−62,300	4,245	31.42	0.58	-0.63	+10.85	33.30	900	21.75	-10.65	-0.63	-0.42	31.42	1,736	+2.25 L	12.51 L	Short buildup
Long buildup	6.50 L	+3.18 L	2,392	30.98	0.52	-0.64	+9.45	27.70	910	26.20	-11.65	-0.64	-0.47	31.08	752	+1.13 L	3.35 L	Short buildup
Long buildup	8.28 L	+1.48 L	3,580	30.79	0.46	-0.63	+8.15	22.90	920	31.25	-13.10	-0.63	-0.53	30.76	397	+75,600	4.05 L	Short buildup
Long buildup	4.07 L	+1.76 L	1,539	30.92	0.41	-0.62	+7.25	18.95	930	36.70	-14.25	-0.60	-0.59	30.22	65	+30,800	67,900	Short buildup
Long buildup	4.26 L	+24,500	1,127	30.75	0.35	-0.59	+6.10	15.30	940	43.40	-15.00	-0.58	-0.65	30.49	101	+4,900	8.41 L	Neutral
Long buildup	18.67 L	+4.26 L	2,398	30.67	0.30	-0.55	+5.05	12.25	950	49.90	-16.70	-0.53	-0.70	29.84	21	−700	4.84 L	Neutral
Long buildup	6.82 L	+1.25 L	1,160	30.18	0.25	-0.49	+3.80	9.40	960	73.15	0.00	-0.37	-0.79	25.37	—	—	7.08 L	Neutral
Short covering	1.50 L	−5,600	441	30.42	0.21	-0.45	+3.25	7.50	970	66.00	0.00	-0.29	-0.84	24.61	—	—	700	Neutral
Long buildup	3.57 L	+7,000	825	30.76	0.17	-0.41	+2.70	6.00	980	76.90	-11.10	-0.51	-0.79	35.36	3	−700	71,400	Neutral
Long buildup	1.59 L	+53,200	541	30.62	0.14	-0.35	+2.00	4.55	990	66.00	0.00	-0.12	-0.94	21.75	—	—	—	Neutral
Long buildup	6.52 L	+89,600	997	31.08	0.11	-0.31	+1.65	3.65	1,000	91.95	-20.10	-0.31	-0.88	31.56	21	+4,900	4.71 L	Short buildup
Short covering	1.02 L	−4,200	209	31.20	0.09	-0.27	+1.20	2.80	1,010	102.25	+30.85	-0.34	-0.88	34.72	2	—	1,400	Neutral
Long buildup	3.73 L	+56,000	244	31.53	0.07	-0.23	+0.95	2.20	1,020	113.30	-8.25	-0.41	-0.87	39.55	9	−4,200	62,300	Long unwinding
Neutral	72,800	—	—	29.25	0.04	-0.14	0.00	1.20	1,030	136.75	0.00	—	—	—	—	—	2,100	Neutral
Neutral	1.60 L	−1,400	73	32.66	0.05	-0.17	+0.55	1.45	1,040	135.00	-11.00	-0.53	-0.86	48.08	3	+700	46,200	Short buildup
Long buildup	72,100	+2,800	35	34.26	0.04	-0.14	+0.40	1.05	1,060	147.40	-21.55	—	—	—	17	−3,500	30,800	Long unwinding
Short covering	2.36 L	−25,900	63	35.64	0.03	-0.11	+0.20	0.75	1,080	167.00	-23.65	—	—	—	11	−700	67,200	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 6.15% (carry implied by 23 Nov → 29 Dec futures). Buildup labels describe price and open-interest changes only and are not advice. Spot: NSE F&O bhavcopy underlying price.