PETRONET option chain

IV vs HV, IV percentile & PCR history →

End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 1900

Spot

300.94

Future

301.85

Forward

302.00

23 Nov 2026 29 Dec 2026 25 Jan 2027

PCR (OI)

0.81

Puts 40.28 L / Calls 49.46 L

PCR (volume)

0.57

Puts 4,562 / Calls 7,961

Max pain

295

strike with least total payout to holders

Highest OI

300 CE · 280 PE

ΔOI calls +20.79 L · puts +16.32 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	—	—	—	—	—	—	0.00	58.65	240	0.20	-0.10	-0.03	-0.02	45.96	9	−5,700	57,000	Long unwinding
Neutral	—	—	—	—	—	—	0.00	42.40	245	2.30	0.00	-0.00	-0.00	29.91	—	—	—	Neutral
Neutral	1,900	—	—	—	—	—	0.00	37.35	250	0.30	-0.20	-0.04	-0.03	41.42	20	+3,800	3.12 L	Short buildup
Neutral	—	—	—	—	—	—	0.00	34.30	255	0.35	-0.40	-0.05	-0.03	38.76	31	+45,600	68,400	Short buildup
Neutral	—	—	—	—	—	—	0.00	32.40	257.50	1.10	0.00	-0.01	-0.01	28.86	—	—	9,500	Neutral
Neutral	—	—	—	—	—	—	0.00	42.65	260	0.50	-0.55	-0.06	-0.04	37.48	90	+30,400	1.20 L	Short buildup
Neutral	—	—	—	—	—	—	0.00	28.75	262.50	0.55	-0.60	-0.06	-0.05	36.22	3	—	32,300	Neutral
Neutral	—	—	—	23.39	0.99	-0.01	0.00	27.00	265	0.65	-0.75	-0.07	-0.06	35.49	18	—	38,000	Neutral
Neutral	—	—	—	25.43	0.98	-0.02	0.00	25.35	267.50	0.75	-1.00	-0.08	-0.07	34.57	148	+2.39 L	2.62 L	Short buildup
Neutral	15,200	—	—	26.42	0.96	-0.04	0.00	20.90	270	0.95	-1.10	-0.09	-0.08	34.43	360	+68,400	2.85 L	Short buildup
Neutral	—	—	—	27.05	0.95	-0.05	0.00	22.20	272.50	1.10	-1.40	-0.10	-0.09	33.54	51	+5,700	41,800	Short buildup
Neutral	3,800	—	—	27.41	0.93	-0.06	0.00	18.00	275	1.30	-1.50	-0.11	-0.11	32.83	96	+53,200	62,700	Short buildup
Neutral	—	—	—	27.70	0.90	-0.08	0.00	19.30	277.50	1.60	-9.80	-0.12	-0.13	32.55	37	+34,200	34,200	Short buildup
Long buildup	60,800	+7,600	13	28.29	0.87	-0.10	+9.40	23.30	280	1.85	-2.30	-0.13	-0.15	31.65	747	+45,600	6.29 L	Short buildup
Short covering	30,400	−5,700	8	30.86	0.83	-0.14	+10.25	21.65	282.50	2.15	-2.80	-0.14	-0.17	30.79	69	+17,100	64,600	Short buildup
Short covering	1.24 L	−47,500	54	30.73	0.79	-0.15	+9.30	19.65	285	2.65	-3.40	-0.15	-0.21	30.67	362	−1,900	1.94 L	Neutral
Short covering	32,300	−15,200	22	29.09	0.77	-0.15	+8.50	17.40	287.50	3.10	-3.80	-0.16	-0.24	29.95	145	+11,400	95,000	Short buildup
Short covering	3.42 L	−2.58 L	384	28.54	0.73	-0.16	+7.90	15.45	290	3.75	-4.35	-0.17	-0.27	29.76	819	+1.90 L	5.45 L	Short buildup
Short covering	57,000	−20,900	104	28.64	0.69	-0.17	+7.20	13.75	292.50	4.50	-5.05	-0.18	-0.31	29.58	191	+74,100	1.56 L	Short buildup
Long buildup	1.79 L	+64,600	356	28.48	0.65	-0.18	+6.65	12.10	295	5.35	-8.15	-0.19	-0.36	29.39	362	+1.75 L	2.36 L	Short buildup
Long buildup	58,900	+32,300	194	29.35	0.60	-0.20	+6.20	10.85	297.50	6.25	-16.00	-0.19	-0.40	28.98	166	+95,000	95,000	Short buildup
Long buildup	10.87 L	+3.15 L	2,320	28.89	0.55	-0.20	+5.50	9.35	300	7.40	-7.20	-0.20	-0.45	29.05	694	+4.12 L	5.02 L	Short buildup
Long buildup	81,700	+66,500	197	29.06	0.50	-0.20	+4.85	8.15	302.50	8.65	-16.90	-0.20	-0.50	29.05	64	+49,400	49,400	Short buildup
Long buildup	2.74 L	+1.88 L	682	28.65	0.46	-0.20	+4.25	6.90	305	9.90	-17.40	-0.20	-0.54	28.65	46	+45,600	45,600	Short buildup
Long buildup	53,200	+41,800	140	29.06	0.41	-0.19	+3.75	6.00	307.50	29.05	0.00	-0.19	-0.59	28.71	—	—	—	Neutral
Long buildup	5.04 L	+3.02 L	882	29.08	0.37	-0.19	+3.30	5.10	310	13.10	-9.90	-0.19	-0.63	29.09	34	+43,700	58,900	Short buildup
Long buildup	60,800	+26,600	149	29.08	0.32	-0.18	+2.75	4.30	312.50	32.80	0.00	-0.18	-0.68	28.71	—	—	—	Neutral
Long buildup	3.15 L	+2.58 L	406	29.28	0.29	-0.17	+2.45	3.65	315	24.95	0.00	-0.17	-0.72	28.69	—	—	22,800	Neutral
Long buildup	39,900	+13,300	104	29.55	0.25	-0.16	+2.00	3.10	317.50	36.70	0.00	-0.15	-0.76	28.66	—	—	—	Neutral
Long buildup	6.61 L	+3.10 L	789	29.46	0.22	-0.15	+1.65	2.55	320	29.80	0.00	-0.14	-0.79	28.65	—	—	5,700	Neutral
Long buildup	1.50 L	+1.33 L	205	30.53	0.17	-0.13	+1.20	1.90	325	34.05	0.00	-0.11	-0.85	28.59	—	—	1,900	Neutral
Long buildup	2.96 L	+1.52 L	512	31.09	0.13	-0.11	+0.85	1.35	330	38.65	0.00	-0.09	-0.90	28.48	—	—	1,900	Neutral
Long buildup	3.38 L	+3.36 L	312	31.20	0.09	-0.09	+0.70	0.90	335	43.45	0.00	-0.06	-0.93	28.34	—	—	1,900	Neutral
Long buildup	1.80 L	+1.79 L	128	33.80	0.06	-0.06	+0.40	0.55	345	53.25	0.00	-0.02	-0.98	27.28	—	—	1,900	Neutral

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 1.01% (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.