PNB option chain
IV vs HV, IV percentile & PCR history →End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 8000
Spot
123.06
Future
123.39
Forward
123.44
PCR (OI)
0.71
Puts 3.14 Cr / Calls 4.41 Cr
PCR (volume)
0.75
Puts 3,253 / Calls 4,336
Max pain
122
strike with least total payout to holders
Highest OI
125 CE · 120 PE
ΔOI calls +27.04 L · puts +6.88 L
Open interest by strike
CallsPuts│ ATM┊ Max pain
| Calls | Puts | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildup | OI | ΔOI | IV % | Chg | LTP | Strike | LTP | Chg | IV % | ΔOI | OI | Buildup | ||||||
| Neutral | 16,000 | — | 51.48 | 0.00 | 29.21 | 92 | 0.04 | 0.00 | 44.48 | — | 40,000 | Neutral | ||||||
| · | · | · | · | · | · | · | · | · | 96 | 0.03 | 0.00 | 43.52 | −8,000 | 2.88 L | Neutral | |||
| Neutral | 8,000 | — | 41.17 | 0.00 | 21.20 | 98 | 0.07 | -0.04 | 45.12 | — | 16,000 | Neutral | ||||||
| · | · | · | · | · | · | · | · | · | 99 | 0.17 | 0.00 | 34.23 | — | 24,000 | Neutral | |||
| Neutral | 1.20 L | — | 38.30 | 0.00 | 21.00 | 100 | 0.12 | 0.00 | 45.28 | +16,000 | 8.64 L | Neutral | ||||||
| Neutral | — | — | 35.41 | 0.00 | 17.58 | 102 | 2.13 | 0.00 | 30.00 | — | — | Neutral | ||||||
| Neutral | 16,000 | — | 33.46 | 0.00 | 17.00 | 104 | 0.11 | 0.00 | 27.23 | — | 1.20 L | Neutral | ||||||
| Neutral | 40,000 | — | 32.36 | 0.00 | 16.50 | 105 | 0.19 | 0.00 | 27.97 | — | 4.00 L | Neutral | ||||||
| Neutral | 8,000 | — | 31.19 | 0.00 | 16.00 | 106 | 3.18 | 0.00 | 27.91 | — | — | Neutral | ||||||
| Neutral | 2.00 L | — | 30.60 | 0.00 | 15.00 | 107 | 0.18 | -0.05 | 35.21 | +8,000 | 10.88 L | Neutral | ||||||
| Neutral | 1.20 L | — | 30.30 | 0.00 | 17.50 | 108 | 0.23 | -0.04 | 35.04 | — | 2.72 L | Neutral | ||||||
| Neutral | 4.88 L | — | 40.14 | +0.62 | 14.90 | 109 | 0.27 | -0.04 | 34.27 | −40,000 | 2.16 L | Long unwinding | ||||||
| Neutral | 8.16 L | — | 29.25 | 0.00 | 14.00 | 110 | 0.31 | -0.07 | 33.33 | +2.24 L | 28.48 L | Short buildup | ||||||
| Neutral | 1.28 L | — | 29.11 | 0.00 | 10.24 | 111 | 0.36 | -0.09 | 32.46 | −16,000 | 9.92 L | Long unwinding | ||||||
| Neutral | 1.12 L | — | 28.84 | 0.00 | 9.10 | 112 | 0.43 | -0.07 | 31.83 | −80,000 | 3.12 L | Long unwinding | ||||||
| Neutral | 8,000 | — | 28.86 | 0.00 | 9.72 | 113 | 0.50 | -0.10 | 30.95 | +80,000 | 4.96 L | Short buildup | ||||||
| Neutral | 1.04 L | — | 32.32 | -0.65 | 10.13 | 114 | 0.58 | -0.13 | 30.05 | +96,000 | 4.48 L | Short buildup | ||||||
| Neutral | 11.04 L | −8,000 | 33.52 | +0.60 | 9.40 | 115 | 0.72 | -0.12 | 29.81 | −8,000 | 26.48 L | Neutral | ||||||
| Neutral | 1.12 L | — | 28.56 | 0.00 | 9.94 | 116 | 0.85 | -0.15 | 29.10 | −32,000 | 6.32 L | Long unwinding | ||||||
| Neutral | 2.72 L | — | 28.41 | 0.00 | 7.17 | 117 | 1.02 | -0.18 | 28.59 | +8,000 | 9.60 L | Neutral | ||||||
| Neutral | 2.40 L | — | 28.43 | 0.00 | 8.24 | 118 | 1.24 | -0.17 | 28.31 | +88,000 | 12.24 L | Short buildup | ||||||
| Neutral | 2.08 L | — | 28.34 | 0.00 | 5.85 | 119 | 1.47 | -0.19 | 27.77 | +16,000 | 6.48 L | Short buildup | ||||||
| Short covering | 39.04 L | −96,000 | 27.20 | +0.10 | 5.16 | 120 | 1.75 | -0.22 | 27.35 | −2.16 L | 42.24 L | Long unwinding | ||||||
| Short covering | 10.56 L | −24,000 | 27.10 | +0.11 | 4.52 | 121 | 2.09 | -0.27 | 27.10 | −88,000 | 18.32 L | Long unwinding | ||||||
| Short covering | 22.40 L | −80,000 | 26.59 | +0.04 | 3.88 | 122 | 2.48 | -0.26 | 26.89 | +40,000 | 22.32 L | Short buildup | ||||||
| Long buildup | 23.76 L | +4.24 L | 26.79 | +0.09 | 3.37 | 123 | 2.94 | -0.25 | 26.85 | +3.20 L | 17.36 L | Short buildup | ||||||
| Long buildup | 32.32 L | +11.60 L | 26.64 | +0.09 | 2.87 | 124 | 3.38 | -0.34 | 26.22 | +2.64 L | 14.24 L | Short buildup | ||||||
| Long buildup | 90.16 L | +7.36 L | 26.40 | +0.07 | 2.41 | 125 | 3.93 | -0.32 | 26.10 | −72,000 | 22.72 L | Long unwinding | ||||||
| Long buildup | 19.76 L | +1.36 L | 26.52 | +0.09 | 2.04 | 126 | 4.45 | -0.37 | 25.26 | +80,000 | 8.00 L | Short buildup | ||||||
| Neutral | 10.80 L | −8,000 | 26.31 | +0.05 | 1.68 | 127 | 5.06 | +0.04 | 24.74 | +8,000 | 1.44 L | Long buildup | ||||||
| Long buildup | 10.88 L | +1.28 L | 26.23 | +0.03 | 1.38 | 128 | 5.50 | -0.08 | 21.91 | +8,000 | 96,000 | Short buildup | ||||||
| Short covering | 6.80 L | −48,000 | 26.13 | +0.02 | 1.12 | 129 | 6.71 | 0.00 | 28.02 | — | 8,000 | Neutral | ||||||
| Long buildup | 65.76 L | +2.88 L | 26.28 | +0.01 | 0.92 | 130 | 7.30 | -0.50 | 24.41 | −8,000 | 7.68 L | Long unwinding | ||||||
| Long buildup | 5.20 L | +88,000 | 26.40 | +0.01 | 0.75 | 131 | 7.84 | 0.00 | 27.87 | — | 4.40 L | Neutral | ||||||
| Short buildup | 9.76 L | +32,000 | 26.56 | -0.01 | 0.61 | 132 | 11.60 | 0.00 | 27.83 | — | 3.68 L | Neutral | ||||||
| Long buildup | 6.08 L | +56,000 | 27.61 | +0.05 | 0.55 | 133 | 8.63 | 0.00 | 27.83 | — | 8,000 | Neutral | ||||||
| Short covering | 6.88 L | −56,000 | 28.49 | +0.05 | 0.49 | 134 | 12.00 | 0.00 | 27.78 | — | 3.76 L | Neutral | ||||||
| Neutral | 19.20 L | — | 27.27 | -0.01 | 0.33 | 135 | 11.00 | 0.00 | 27.72 | — | 72,000 | Neutral | ||||||
| Neutral | 2.24 L | +16,000 | 28.02 | 0.00 | 0.29 | 136 | 20.47 | 0.00 | 27.69 | — | — | Neutral | ||||||
| Short covering | 1.84 L | −8,000 | 28.88 | +0.01 | 0.26 | 137 | · | · | · | · | · | · | · | · | · | |||
| Neutral | 1.76 L | −8,000 | 29.33 | 0.00 | 0.22 | 138 | 22.11 | 0.00 | 27.59 | — | — | Neutral | ||||||
| Neutral | 2.08 L | −32,000 | 29.56 | 0.00 | 0.18 | 139 | · | · | · | · | · | · | · | · | · | |||
| Neutral | 12.24 L | +8,000 | 30.27 | 0.00 | 0.16 | 140 | 18.50 | 0.00 | 27.36 | — | 80,000 | Neutral | ||||||
| Neutral | — | — | 28.03 | 0.00 | 1.55 | 142 | 25.51 | 0.00 | 26.27 | — | — | 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 6.47% (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.