NIFTY option chain

End of day 02 Nov 2026 · expiry 17 Nov 2026 (15 days) · lot 65

Spot

23,440.80

Forward

23,369.49

03 Nov 2026 09 Nov 2026 17 Nov 2026 23 Nov 2026 01 Dec 2026 29 Dec 2026 25 Jan 2027 30 Mar 2027 29 Jun 2027 28 Sept 2027 28 Dec 2027 27 Jun 2028 26 Dec 2028 26 Jun 2029 24 Dec 2029 25 Jun 2030 31 Dec 2030 24 Jun 2031

PCR (OI)

1.28

Puts 46.28 L / Calls 36.21 L

PCR (volume)

1.10

Puts 1.62 L / Calls 1.48 L

Max pain

23,200

strike with least total payout to holders

Highest OI

24,000 CE · 22,000 PE

ΔOI calls +9.50 L · puts +17.20 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	—	—	—	47.90	0.89	-13.85	0.00	2,004.65	20,850	8.10	-0.15	-1.82	-0.02	26.98	205	+5,265	13,065	Short buildup
Neutral	—	—	—	47.17	0.89	-13.77	0.00	1,956.80	20,900	8.15	-0.30	-1.82	-0.02	26.52	567	+15,860	60,125	Short buildup
Neutral	—	—	—	46.44	0.88	-13.69	0.00	1,909.10	20,950	8.20	-0.05	-1.82	-0.02	26.05	2	—	390	Neutral
Neutral	—	—	—	45.72	0.88	-13.61	0.00	1,861.65	21,000	9.15	-0.55	-1.98	-0.02	25.99	6,123	+94,185	3.22 L	Short buildup
Neutral	—	—	—	44.99	0.88	-13.53	0.00	1,814.40	21,050	22.70	0.00	-0.01	-0.00	13.54	—	—	—	Neutral
Neutral	—	—	—	44.26	0.88	-13.45	0.00	1,767.45	21,100	9.70	-0.90	-2.05	-0.02	25.24	468	+11,505	18,200	Short buildup
Neutral	—	—	—	43.53	0.88	-13.37	0.00	1,720.75	21,150	28.45	0.00	-0.01	-0.00	12.96	—	—	—	Neutral
Neutral	—	—	—	42.80	0.88	-13.28	0.00	1,674.35	21,200	9.65	-2.85	-2.02	-0.02	24.22	471	+5,070	54,665	Short buildup
Neutral	—	—	—	42.07	0.87	-13.19	0.00	1,628.25	21,250	10.90	-2.55	-2.21	-0.03	24.19	12	+65	5,655	Short buildup
Neutral	—	—	—	41.34	0.87	-13.11	0.00	1,582.50	21,300	10.45	-3.45	-2.13	-0.02	23.53	691	+5,330	46,930	Short buildup
Neutral	—	—	—	40.60	0.87	-13.02	0.00	1,537.10	21,350	55.90	0.00	-0.02	-0.00	12.89	—	—	6,435	Neutral
Neutral	—	—	—	39.87	0.87	-12.92	0.00	1,492.05	21,400	11.50	-4.20	-2.27	-0.03	22.88	517	+4,225	31,720	Short buildup
Neutral	—	—	—	39.13	0.87	-12.83	0.00	1,447.45	21,450	12.90	-3.65	-2.47	-0.03	22.82	204	−325	7,020	Long unwinding
Neutral	195	—	—	38.40	0.87	-12.73	0.00	1,568.30	21,500	13.00	-5.25	-2.47	-0.03	22.33	4,055	−28,340	2.36 L	Long unwinding
Neutral	—	—	—	37.66	0.86	-12.64	0.00	1,359.55	21,550	14.05	-7.40	-2.60	-0.03	22.12	259	+1,170	11,635	Short buildup
Neutral	—	—	—	36.92	0.86	-12.54	0.00	1,316.25	21,600	14.70	-7.45	-2.68	-0.04	21.77	1,471	−5,135	60,645	Long unwinding
Neutral	—	—	—	36.19	0.86	-12.44	0.00	1,273.50	21,650	14.95	-9.30	-2.69	-0.04	21.31	76	−2,145	9,880	Long unwinding
Neutral	—	—	—	35.45	0.86	-12.34	0.00	1,231.25	21,700	16.20	-10.55	-2.84	-0.04	21.10	3,334	−27,430	96,200	Long unwinding
Neutral	—	—	—	34.71	0.85	-12.23	0.00	1,189.55	21,750	16.95	-11.05	-2.92	-0.04	20.74	243	−5,980	15,340	Long unwinding
Neutral	—	—	—	33.98	0.85	-12.13	0.00	1,148.45	21,800	17.90	-12.20	-3.02	-0.04	20.42	1,932	−6,240	58,630	Long unwinding
Neutral	—	—	—	33.24	0.85	-12.03	0.00	1,107.90	21,850	19.30	-13.60	-3.17	-0.05	20.17	177	+1,365	19,630	Short buildup
Neutral	845	—	—	32.51	0.84	-11.92	0.00	1,192.10	21,900	20.20	-16.20	-3.25	-0.05	19.80	3,688	+11,505	89,245	Short buildup
Neutral	—	—	—	31.77	0.84	-11.82	0.00	918.85	21,950	22.95	-16.60	-3.55	-0.06	19.78	349	−1,105	23,400	Long unwinding
Neutral	40,885	+260	236	20.43	0.93	-4.09	+275.30	1,396.60	22,000	23.65	-19.80	-3.59	-0.06	19.33	13,039	+97,565	3.36 L	Short buildup
Neutral	195	—	1	16.71	0.96	-2.14	+324.00	1,330.00	22,050	25.50	-21.95	-3.76	-0.06	19.08	148	+2,665	10,855	Short buildup
Neutral	455	—	3	—	—	—	+251.30	1,266.15	22,100	27.00	-24.40	-3.88	-0.07	18.74	2,803	+14,235	96,915	Short buildup
Neutral	715	—	—	28.89	0.83	-11.42	0.00	849.85	22,150	30.25	-26.00	-4.17	-0.08	18.65	414	+3,445	22,685	Short buildup
Long buildup	2,535	+1,235	29	12.66	0.98	-0.87	+235.80	1,171.80	22,200	31.85	-29.90	-4.28	-0.08	18.28	6,232	+47,580	1.24 L	Short buildup
Neutral	455	—	—	27.49	0.82	-11.25	0.00	869.45	22,250	34.50	-32.80	-4.48	-0.09	18.03	576	+2,015	17,680	Short buildup
Short covering	1,495	−325	27	16.24	0.92	-3.46	+333.25	1,093.25	22,300	38.15	-36.20	-4.75	-0.10	17.87	5,576	+30,355	1.61 L	Short buildup
Short covering	2,860	−585	19	—	—	—	+224.25	968.65	22,350	40.55	-40.10	-4.90	-0.10	17.53	362	−2,080	9,490	Long unwinding
Neutral	11,440	+65	55	16.14	0.90	-4.14	+250.00	1,001.65	22,400	45.70	-41.75	-5.25	-0.11	17.47	5,930	+45,500	1.39 L	Short buildup
Short covering	2,080	−2,860	66	17.65	0.87	-5.65	+257.00	971.10	22,450	48.15	-48.20	-5.36	-0.12	17.07	780	+18,330	29,705	Short buildup
Long buildup	23,920	+325	707	16.57	0.87	-5.26	+238.40	917.30	22,500	53.30	-52.20	-5.66	-0.13	16.92	9,115	+62,010	2.38 L	Short buildup
Short covering	3,055	−1,495	66	13.88	0.90	-3.70	+213.10	849.00	22,550	58.40	-57.15	-5.92	-0.14	16.72	673	+3,510	23,725	Short buildup
Short covering	23,660	−4,355	420	18.08	0.82	-7.23	+254.35	850.05	22,600	64.35	-61.25	-6.21	-0.16	16.55	5,045	+34,905	1.35 L	Short buildup
Short covering	4,030	−2,470	80	16.66	0.83	-6.59	+231.25	792.05	22,650	69.90	-66.85	-6.43	-0.17	16.30	1,649	−10,270	26,325	Long unwinding
Short covering	24,050	−7,800	603	17.54	0.80	-7.66	+240.65	763.15	22,700	77.40	-72.60	-6.74	-0.18	16.16	6,325	+84,240	1.77 L	Short buildup
Short covering	7,670	−5,655	138	15.92	0.80	-6.87	+223.90	702.30	22,750	86.00	-77.20	-7.07	-0.20	16.05	1,039	−2,405	35,360	Long unwinding
Short covering	52,065	−8,970	764	15.98	0.78	-7.32	+214.70	664.10	22,800	91.95	-86.05	-7.20	-0.21	15.69	7,878	+1.01 L	2.07 L	Short buildup
Short covering	7,085	−5,525	182	15.91	0.76	-7.66	+206.75	625.10	22,850	103.15	-89.80	-7.56	-0.23	15.66	772	+6,630	36,725	Short buildup
Short covering	74,555	−10,010	623	15.48	0.74	-7.73	+193.25	581.60	22,900	110.95	-98.35	-7.69	-0.25	15.33	4,437	−6,565	1.10 L	Long unwinding
Short covering	8,645	−7,280	257	15.92	0.72	-8.39	+200.20	552.45	22,950	124.90	-105.20	-8.05	-0.27	15.35	977	+2,665	26,650	Short buildup
Short covering	1.46 L	−57,785	4,841	15.01	0.70	-8.08	+179.05	502.80	23,000	135.30	-113.10	-8.19	-0.30	15.08	13,313	+1.22 L	3.05 L	Short buildup
Short covering	27,820	−14,365	461	15.40	0.67	-8.65	+181.05	475.45	23,050	144.50	-125.90	-8.21	-0.32	14.68	1,305	+3,510	18,785	Short buildup
Short covering	1.09 L	−4,940	2,193	14.59	0.66	-8.38	+160.75	428.80	23,100	163.25	-129.85	-8.55	-0.34	14.79	4,947	+1.07 L	1.45 L	Short buildup
Short covering	10,400	−10,920	853	14.75	0.63	-8.72	+155.90	399.95	23,150	177.80	-137.90	-8.63	-0.37	14.57	1,053	+11,765	17,225	Short buildup
Long buildup	2.91 L	+35,815	6,747	14.61	0.60	-8.82	+145.55	367.25	23,200	194.40	-145.40	-8.71	-0.40	14.40	7,905	+99,580	1.26 L	Short buildup
Long buildup	26,585	+4,420	2,504	14.28	0.58	-8.76	+135.75	332.45	23,250	212.15	-155.30	-8.75	-0.42	14.22	4,040	+29,640	34,060	Short buildup
Long buildup	2.25 L	+85,800	10,969	14.12	0.55	-8.77	+124.45	302.00	23,300	236.95	-162.55	-8.92	-0.45	14.35	9,656	+1.38 L	1.49 L	Short buildup
Long buildup	31,005	+12,870	2,997	14.13	0.52	-8.83	+120.95	276.10	23,350	256.65	-441.90	-8.83	-0.48	14.13	2,825	+33,605	34,905	Short buildup
Long buildup	1.22 L	+59,410	6,650	13.86	0.49	-8.67	+106.70	246.55	23,400	280.15	-182.00	-8.77	-0.51	14.03	4,469	+66,105	74,685	Short buildup
Long buildup	18,525	+2,210	1,192	13.88	0.46	-8.64	+100.40	223.95	23,450	296.90	-203.75	-8.38	-0.54	13.49	320	+3,380	6,305	Short buildup
Long buildup	2.86 L	+73,450	12,134	13.74	0.43	-8.46	+91.55	199.95	23,500	326.90	-201.40	-8.33	-0.57	13.57	5,239	+79,300	1.33 L	Short buildup
Long buildup	25,610	+6,890	948	13.65	0.40	-8.26	+82.50	178.25	23,550	359.70	-204.10	-8.28	-0.60	13.72	108	+2,925	5,005	Short buildup
Long buildup	1.14 L	+30,875	5,259	13.51	0.36	-7.98	+74.65	157.35	23,600	384.35	-223.50	-7.83	-0.64	13.35	1,449	+56,420	61,295	Short buildup
Long buildup	41,340	+16,250	1,321	13.55	0.34	-7.78	+68.50	141.00	23,650	422.45	-177.40	-7.80	-0.66	13.64	2,108	+1.07 L	1.09 L	Short buildup
Long buildup	1.46 L	+17,095	5,899	13.42	0.31	-7.41	+60.45	123.10	23,700	442.20	-239.20	-6.91	-0.70	12.77	720	+29,380	30,095	Short buildup
Long buildup	51,805	+31,720	1,541	13.30	0.28	-7.03	+52.20	107.10	23,750	542.20	-153.00	-9.34	-0.68	16.67	880	+52,390	53,040	Short buildup
Long buildup	2.26 L	+1.07 L	9,587	13.26	0.25	-6.67	+46.95	93.65	23,800	556.45	-175.25	-8.14	-0.71	15.39	3,199	+1.58 L	1.58 L	Short buildup
Long buildup	31,980	+16,640	1,435	13.32	0.23	-6.35	+42.35	82.90	23,850	791.95	0.00	—	—	—	—	—	325	Neutral
Long buildup	1.47 L	+91,585	5,712	13.17	0.20	-5.87	+35.30	70.45	23,900	1,158.75	0.00	—	—	—	—	—	—	Neutral
Long buildup	28,600	+20,345	966	13.18	0.18	-5.49	+29.60	61.25	23,950	1,199.90	0.00	—	—	—	—	—	—	Neutral
Long buildup	4.01 L	+19,045	25,077	13.20	0.16	-5.12	+26.95	53.20	24,000	668.30	-268.15	-4.05	-0.86	11.94	298	+5,850	14,170	Short buildup
Long buildup	15,730	+1,365	708	13.09	0.14	-4.65	+21.25	44.70	24,050	1,283.75	0.00	—	—	—	—	—	—	Neutral
Long buildup	1.02 L	+59,865	4,537	13.16	0.13	-4.31	+19.20	38.95	24,100	1,326.40	0.00	—	—	—	—	—	—	Neutral
Long buildup	20,605	+15,340	822	13.24	0.11	-3.99	+17.45	33.95	24,150	1,369.50	0.00	—	—	—	—	—	—	Neutral
Long buildup	1.09 L	+70,330	4,886	13.25	0.10	-3.63	+14.00	29.00	24,200	1,289.75	0.00	—	—	—	—	—	—	Neutral
Long buildup	14,300	+7,085	351	13.22	0.09	-3.26	+11.35	24.40	24,250	1,456.95	0.00	—	—	—	—	—	—	Neutral
Long buildup	76,375	+36,595	5,248	13.37	0.08	-3.03	+10.55	21.60	24,300	1,546.35	0.00	—	—	—	—	—	65	Neutral
Long buildup	7,995	+2,600	121	13.47	0.07	-2.78	+9.30	18.80	24,350	1,546.00	0.00	—	—	—	—	—	—	Neutral
Long buildup	72,280	+40,625	3,318	13.56	0.06	-2.54	+8.00	16.35	24,400	1,591.05	0.00	—	—	—	—	—	—	Neutral
Long buildup	8,255	+3,770	202	13.77	0.05	-2.39	+6.90	14.80	24,450	1,636.45	0.00	—	—	—	—	—	—	Neutral
Long buildup	2.02 L	+84,695	7,990	13.81	0.05	-2.14	+5.90	12.60	24,500	1,115.40	-588.25	—	—	—	9	+585	650	Short buildup
Neutral	910	—	—	14.84	0.05	-2.49	0.00	6.55	24,550	1,728.15	0.00	—	—	—	—	—	—	Neutral
Long buildup	17,420	+14,235	1,134	14.01	0.04	-1.77	+4.90	9.55	24,600	1,774.40	0.00	—	—	—	—	—	—	Neutral
Neutral	195	—	—	14.76	0.04	-1.94	0.00	3.70	24,650	1,820.95	0.00	—	—	—	—	—	—	Neutral
Long buildup	32,630	+31,850	1,021	14.27	0.03	-1.48	+3.50	7.40	24,700	1,867.75	0.00	—	—	—	—	—	—	Neutral
Neutral	650	—	—	14.69	0.03	-1.48	0.00	3.90	24,750	1,914.75	0.00	—	—	—	—	—	—	Neutral
Long buildup	36,400	+32,955	939	14.63	0.02	-1.27	+3.00	6.00	24,800	1,961.95	0.00	—	—	—	—	—	—	Neutral
Short covering	130	−130	2	14.26	0.02	-0.97	+1.30	4.20	24,850	2,009.40	0.00	—	—	—	—	—	—	Neutral
Long buildup	3,120	+1,365	68	14.85	0.02	-1.05	+1.40	4.60	24,900	2,057.00	0.00	—	—	—	—	—	—	Neutral
Long unwinding	1,300	−390	17	14.84	0.02	-0.90	-0.10	3.80	24,950	2,104.80	0.00	—	—	—	—	—	—	Neutral
Long buildup	87,230	+54,470	2,910	15.17	0.02	-0.89	+1.05	3.70	25,000	1,750.00	-429.35	-12.02	-0.84	32.21	1	+65	130	Short buildup
Short buildup	130	+65	4	15.19	0.01	-0.78	-3.85	3.10	25,050	2,200.85	0.00	—	—	—	—	—	—	Neutral
Neutral	1,430	—	—	14.50	0.01	-0.49	0.00	2.50	25,100	2,249.05	0.00	—	—	—	—	—	—	Neutral
Long buildup	2,730	+1,235	53	16.58	0.02	-0.99	+1.65	4.15	25,150	2,297.45	0.00	—	—	—	—	—	—	Neutral
Long buildup	8,905	+3,770	98	16.17	0.01	-0.75	+0.75	2.90	25,200	1,850.00	-495.95	-3.59	-0.95	22.70	2	+130	130	Short buildup
	—	—	—	14.44	0.00	-0.29	—	10.15	25,250	2,394.50	—	—	—	—	—	—	—
	—	—	—	14.41	0.00	-0.23	—	9.10	25,300	2,443.20	—	—	—	—	—	—	—
	—	—	—	14.39	0.00	-0.19	—	8.20	25,350	2,492.00	—	—	—	—	—	—	—
	—	—	—	14.37	0.00	-0.16	—	7.35	25,400	2,540.90	—	—	—	—	—	—	—
	—	—	—	14.34	0.00	-0.13	—	6.60	25,450	2,589.85	—	—	—	—	—	—	—
	—	—	—	14.34	0.00	-0.10	—	5.90	25,500	2,638.90	—	—	—	—	—	—	—
	—	—	—	14.33	0.00	-0.08	—	5.30	25,550	2,687.95	—	—	—	—	—	—	—
	—	—	—	14.30	0.00	-0.07	—	4.70	25,600	2,737.15	—	—	—	—	—	—	—
	—	—	—	14.25	0.00	-0.05	—	4.20	25,650	2,786.35	—	—	—	—	—	—	—
	—	—	—	14.33	0.00	-0.04	—	3.75	25,700	2,835.60	—	—	—	—	—	—	—

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 5.49% (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.