POWERGRID option chain
IV vs HV, IV percentile & PCR history →End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 1900
Spot
267.69
Future
263.15
Forward
262.96
PCR (OI)
0.87
Puts 1.67 Cr / Calls 1.91 Cr
PCR (volume)
0.70
Puts 12,959 / Calls 18,454
Max pain
260
strike with least total payout to holders
Highest OI
270 CE · 300 PE
ΔOI calls +11.49 L · puts +8.47 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 | 3,800 | — | 102.54 | 0.00 | 49.50 | 210 | 0.10 | 0.00 | 32.38 | — | 95,000 | Neutral | ||||||
| Short buildup | 5,700 | +5,700 | 69.81 | -9.60 | 50.00 | 215 | 0.15 | -0.05 | 40.10 | +11,400 | 70,300 | Short buildup | ||||||
| · | · | · | · | · | · | · | · | · | 217.50 | 0.10 | 0.00 | 27.71 | — | 13,300 | Neutral | |||
| Long buildup | 15,200 | +3,800 | — | +10.80 | 42.80 | 220 | 0.10 | -0.05 | 34.05 | −3,800 | 11.12 L | Neutral | ||||||
| · | · | · | · | · | · | · | · | · | 222.50 | 0.20 | 0.00 | 24.66 | — | 19,000 | Neutral | |||
| Neutral | — | — | 80.90 | 0.00 | 50.30 | 225 | 0.15 | -0.05 | 32.16 | — | 4.50 L | Neutral | ||||||
| Neutral | — | — | 77.39 | 0.00 | 36.90 | 227.50 | 0.10 | -0.10 | 28.41 | — | 72,200 | Neutral | ||||||
| Neutral | 9,500 | — | 73.82 | 0.00 | 29.90 | 230 | 0.15 | -0.10 | 28.25 | −45,600 | 14.17 L | Long unwinding | ||||||
| Neutral | 39,900 | — | 70.24 | 0.00 | 13.10 | 232.50 | 0.20 | -0.15 | 27.60 | −9,500 | 28,500 | Long unwinding | ||||||
| Neutral | 36,100 | — | 66.71 | 0.00 | 28.85 | 235 | 0.25 | -0.20 | 26.64 | +1,900 | 10.05 L | Neutral | ||||||
| Neutral | 36,100 | — | 63.26 | 0.00 | 14.85 | 237.50 | 0.35 | -0.25 | 26.26 | −13,300 | 51,300 | Long unwinding | ||||||
| Short covering | 2.58 L | −11,400 | 29.01 | +3.00 | 23.65 | 240 | 0.45 | -0.35 | 25.44 | −19,000 | 10.15 L | Long unwinding | ||||||
| Long buildup | 53,200 | +3,800 | 26.44 | +3.60 | 21.15 | 242.50 | 0.60 | -0.50 | 24.84 | — | 2.05 L | Neutral | ||||||
| Short covering | 6.42 L | −9,500 | 25.94 | +1.60 | 18.90 | 245 | 0.75 | -0.65 | 23.83 | −22,800 | 8.59 L | Long unwinding | ||||||
| Short buildup | 5.04 L | +5,700 | 23.58 | -0.60 | 16.45 | 247.50 | 1.00 | -0.90 | 23.26 | −62,700 | 3.84 L | Long unwinding | ||||||
| Long buildup | 21.20 L | +72,200 | 23.38 | +1.40 | 14.35 | 250 | 1.35 | -1.05 | 22.85 | −5.28 L | 18.64 L | Long unwinding | ||||||
| Long buildup | 1.48 L | +22,800 | 22.59 | +1.05 | 12.25 | 252.50 | 1.80 | -1.25 | 22.44 | −1.25 L | 2.01 L | Long unwinding | ||||||
| Neutral | 9.37 L | −1,900 | 22.27 | +0.80 | 10.35 | 255 | 2.35 | -1.55 | 21.94 | +68,400 | 7.62 L | Short buildup | ||||||
| Short covering | 2.66 L | −81,700 | 21.32 | +0.60 | 8.45 | 257.50 | 3.10 | -1.70 | 21.72 | +5,700 | 3.10 L | Short buildup | ||||||
| Short covering | 14.36 L | −1.16 L | 21.44 | +0.25 | 6.95 | 260 | 4.00 | -1.95 | 21.44 | +8.80 L | 17.97 L | Short buildup | ||||||
| Long buildup | 5.07 L | +11,400 | 21.23 | +0.05 | 5.55 | 262.50 | 5.05 | -2.15 | 21.06 | +11,400 | 3.48 L | Short buildup | ||||||
| Short buildup | 18.49 L | +64,600 | 21.08 | -0.10 | 4.35 | 265 | 6.40 | -2.25 | 21.15 | +2.09 L | 8.70 L | Short buildup | ||||||
| Short buildup | 7.87 L | +2.62 L | 21.20 | -0.20 | 3.40 | 267.50 | 7.90 | -15.60 | 21.10 | +1.75 L | 2.03 L | Short buildup | ||||||
| Short buildup | 22.27 L | +4.96 L | 21.02 | -0.30 | 2.55 | 270 | 9.60 | -2.60 | 21.18 | +2.28 L | 5.19 L | Short buildup | ||||||
| Short buildup | 3.86 L | +1.12 L | 21.27 | -0.35 | 1.95 | 272.50 | 11.50 | -2.15 | 21.49 | +72,200 | 1.03 L | Short buildup | ||||||
| Short buildup | 7.77 L | +89,300 | 21.67 | -0.30 | 1.50 | 275 | 13.40 | -1.05 | 21.11 | −3,800 | 1.31 L | Long unwinding | ||||||
| Short buildup | 2.39 L | +9,500 | 21.74 | -0.30 | 1.10 | 277.50 | 15.50 | -3.30 | 21.15 | +36,100 | 38,000 | Short buildup | ||||||
| Long unwinding | 14.27 L | −1.33 L | 21.86 | -0.30 | 0.80 | 280 | 17.65 | -2.85 | 20.80 | −17,100 | 3.93 L | Long unwinding | ||||||
| Short buildup | 1.04 L | +28,500 | 22.23 | -0.20 | 0.60 | 282.50 | 19.95 | -2.05 | 21.03 | +13,300 | 15,200 | Short buildup | ||||||
| Short buildup | 12.45 L | +3.25 L | 22.02 | -0.20 | 0.40 | 285 | 40.00 | 0.00 | — | — | 13,300 | Neutral | ||||||
| Short buildup | 81,700 | +39,900 | 23.85 | -0.30 | 0.40 | 287.50 | 26.70 | 0.00 | — | — | — | Neutral | ||||||
| Short buildup | 10.73 L | +19,000 | 23.34 | -0.10 | 0.25 | 290 | 26.50 | -5.95 | — | +3,800 | 87,400 | Short buildup | ||||||
| — | — | 26.78 | — | 2.40 | 292.50 | 30.80 | — | — | — | — | ||||||||
| Neutral | 4.69 L | — | 24.36 | -0.10 | 0.15 | 295 | 49.55 | 0.00 | — | — | 47,500 | Neutral | ||||||
| Long unwinding | 14.19 L | −70,300 | 27.29 | -0.05 | 0.15 | 300 | 36.65 | -2.75 | — | −17,100 | 21.60 L | Neutral | ||||||
| 1,900 | +1,900 | 30.12 | — | 0.15 | 305 | 34.25 | — | — | — | — | ||||||||
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.