OIL option chain

IV vs HV, IV percentile & PCR history →

End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 1400

Spot

461.90

Future

461.10

Forward

461.37

23 Nov 2026 29 Dec 2026 25 Jan 2027

PCR (OI)

0.76

Puts 17.65 L / Calls 23.20 L

PCR (volume)

0.51

Puts 1,695 / Calls 3,353

Max pain

455

strike with least total payout to holders

Highest OI

460 CE · 450 PE

ΔOI calls +5.45 L · puts +2.94 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
·	·	·	·	·	·	·	·	·	370	0.60	0.00	-0.01	-0.00	32.20	—	—	8,400	Neutral
Neutral	—	—	—	56.63	0.93	-0.19	0.00	99.20	380	0.65	0.00	-0.01	-0.00	31.42	—	—	11,200	Neutral
Neutral	—	—	—	51.31	0.92	-0.19	0.00	91.10	390	0.55	-0.50	-0.07	-0.03	38.74	17	+18,200	50,400	Short buildup
·	·	·	·	·	·	·	·	·	395	0.75	-0.25	-0.09	-0.04	38.48	1	—	2,800	Neutral
Neutral	2,800	—	—	46.63	0.91	-0.20	0.00	54.00	400	0.85	-0.50	-0.10	-0.05	36.84	26	+1,400	89,600	Short buildup
Neutral	—	—	—	44.58	0.90	-0.20	0.00	65.05	405	1.05	-0.65	-0.11	-0.06	35.85	14	+8,400	19,600	Short buildup
Long buildup	9,800	+1,400	6	—	—	—	+9.70	50.00	410	1.25	-0.80	-0.12	-0.07	34.55	40	+8,400	43,400	Short buildup
Neutral	—	—	—	41.14	0.87	-0.23	0.00	57.50	415	1.50	-1.30	-0.14	-0.09	33.29	34	−11,200	14,000	Long unwinding
Neutral	—	—	—	39.79	0.85	-0.24	0.00	69.00	420	2.05	-1.55	-0.17	-0.11	33.22	64	−14,000	37,800	Long unwinding
Neutral	—	—	—	38.65	0.82	-0.26	0.00	50.40	425	2.40	-2.85	-0.18	-0.13	31.70	112	−11,200	42,000	Long unwinding
Neutral	9,800	—	—	37.70	0.79	-0.28	0.00	22.95	430	3.15	-2.60	-0.21	-0.17	31.38	168	−37,800	1.11 L	Long unwinding
Neutral	—	—	—	36.90	0.76	-0.30	0.00	43.85	435	3.90	-3.45	-0.22	-0.20	30.49	78	+29,400	43,400	Short buildup
Neutral	30,800	—	—	36.28	0.72	-0.32	0.00	16.75	440	5.10	-4.15	-0.25	-0.25	30.42	120	+5,600	1.20 L	Short buildup
Neutral	72,800	—	—	35.75	0.68	-0.34	0.00	14.50	445	6.35	-5.05	-0.27	-0.29	29.82	168	+11,200	2.66 L	Short buildup
Short covering	3.78 L	−16,800	222	29.48	0.65	-0.29	+7.55	19.30	450	7.95	-6.00	-0.29	-0.35	29.48	369	+53,200	3.02 L	Short buildup
Long buildup	1.05 L	+15,400	152	29.64	0.59	-0.30	+6.90	16.40	455	9.95	-5.20	-0.30	-0.41	29.42	200	+1.05 L	1.19 L	Short buildup
Long buildup	3.84 L	+1.08 L	695	29.21	0.53	-0.30	+5.70	13.55	460	12.15	-8.10	-0.30	-0.47	29.13	239	+1.09 L	1.81 L	Short buildup
Long buildup	96,600	+82,600	179	29.00	0.47	-0.30	+3.40	11.10	465	15.10	-13.95	-0.31	-0.53	29.84	45	+18,200	18,200	Short buildup
Long buildup	2.37 L	+96,600	498	29.36	0.41	-0.30	+4.15	9.20	470	29.50	0.00	-0.30	-0.59	29.35	—	—	1,400	Neutral
Long buildup	46,200	+37,800	97	29.16	0.35	-0.28	+2.85	7.35	475	34.65	0.00	-0.28	-0.65	28.95	—	—	—	Neutral
Long buildup	2.77 L	+86,800	366	29.41	0.30	-0.27	+2.55	5.95	480	34.85	0.00	-0.26	-0.71	28.47	—	—	2.72 L	Neutral
Long buildup	63,000	+9,800	57	28.71	0.24	-0.24	+1.85	4.45	485	40.00	0.00	-0.22	-0.76	27.83	—	—	1,400	Neutral
Long buildup	50,400	+33,600	72	29.70	0.21	-0.22	+1.70	3.75	490	46.80	0.00	-0.19	-0.81	27.00	—	—	—	Neutral
Short covering	33,600	−65,800	149	30.41	0.18	-0.21	+1.40	3.10	495	47.40	0.00	-0.15	-0.86	25.83	—	—	—	Neutral
Long buildup	2.88 L	+1.11 L	658	30.66	0.15	-0.18	+1.10	2.45	500	45.00	0.00	-0.10	-0.91	24.10	—	—	9,800	Neutral
Long buildup	43,400	+22,400	45	30.78	0.12	-0.16	+0.70	1.90	505	54.50	0.00	-0.04	-0.96	20.79	—	—	—	Neutral
Long buildup	1.50 L	+5,600	136	31.37	0.10	-0.14	+0.70	1.55	510	59.40	0.00	—	—	—	—	—	—	Neutral
Long buildup	25,200	+8,400	15	34.25	0.08	-0.13	+0.45	1.30	520	72.00	0.00	—	—	—	—	—	1,400	Neutral
Long buildup	16,800	+8,400	6	34.13	0.05	-0.09	+0.20	0.75	530	·	·	·	·	·	·	·	·	·

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 2.31% (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.