POWERGRID option chain

IV vs HV, IV percentile & PCR history →

End of day 02 Nov 2026 · expiry 29 Dec 2026 (57 days) · lot 1900

Spot

267.69

Future

264.75

Forward

264.95

23 Nov 2026 29 Dec 2026 25 Jan 2027

PCR (OI)

0.43

Puts 1.48 L / Calls 3.46 L

PCR (volume)

0.88

Puts 75 / Calls 85

Max pain

268

strike with least total payout to holders

Highest OI

270 CE · 240 PE

ΔOI calls +70,300 · puts +95,000

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	—	—	—	61.69	0.85	-0.12	0.00	55.10	210	0.50	0.00	-0.00	-0.00	20.26	—	—	—	Neutral
Neutral	—	—	—	57.44	0.84	-0.11	0.00	50.45	215	0.80	0.00	-0.00	-0.00	20.50	—	—	—	Neutral
Neutral	—	—	—	53.33	0.83	-0.11	0.00	45.90	220	1.15	0.00	-0.00	-0.01	20.43	—	—	—	Neutral
Neutral	—	—	—	49.35	0.82	-0.11	0.00	41.45	225	1.65	0.00	-0.01	-0.02	20.32	—	—	—	Neutral
Neutral	—	—	—	47.47	0.81	-0.11	0.00	28.85	227.50	2.10	0.00	-0.01	-0.03	20.37	—	—	—	Neutral
Neutral	—	—	—	45.61	0.80	-0.11	0.00	37.20	230	0.95	0.00	-0.01	-0.04	20.22	—	—	1,900	Neutral
Neutral	—	—	—	43.87	0.79	-0.11	0.00	24.85	232.50	3.10	0.00	-0.02	-0.05	20.12	—	—	—	Neutral
Neutral	—	—	—	42.17	0.78	-0.10	0.00	33.15	235	3.20	0.00	-0.02	-0.06	20.00	—	—	—	Neutral
Neutral	—	—	—	40.54	0.77	-0.10	0.00	21.15	237.50	4.35	0.00	-0.03	-0.08	19.83	—	—	—	Neutral
Neutral	13,300	—	—	39.05	0.76	-0.10	0.00	24.55	240	1.30	-0.70	-0.04	-0.11	21.60	19	+17,100	30,400	Short buildup
Neutral	—	—	—	37.63	0.74	-0.10	0.00	17.75	242.50	5.90	0.00	-0.03	-0.12	19.53	—	—	—	Neutral
Neutral	—	—	—	36.33	0.72	-0.10	0.00	25.75	245	5.65	0.00	-0.04	-0.14	19.37	—	—	—	Neutral
Neutral	—	—	—	35.11	0.71	-0.10	0.00	14.75	247.50	7.80	0.00	-0.04	-0.17	19.16	—	—	—	Neutral
Neutral	9,500	—	—	34.01	0.69	-0.11	0.00	16.00	250	2.75	-1.40	-0.05	-0.22	20.12	9	+13,300	28,500	Short buildup
Neutral	—	—	—	33.02	0.66	-0.11	0.00	12.05	252.50	10.05	0.00	-0.05	-0.24	18.72	—	—	—	Neutral
Neutral	1,900	—	—	32.11	0.64	-0.11	0.00	5.15	255	9.10	0.00	-0.06	-0.29	18.45	—	—	—	Neutral
Neutral	—	—	—	31.29	0.61	-0.11	0.00	9.70	257.50	12.65	0.00	-0.06	-0.33	18.15	—	—	—	Neutral
Long buildup	3,800	+1,900	1	20.31	0.60	-0.07	+1.00	11.00	260	6.10	-1.10	-0.07	-0.39	20.31	15	+19,000	20,900	Short buildup
Neutral	—	—	—	29.91	0.55	-0.11	0.00	7.70	262.50	16.50	0.00	-0.06	-0.43	17.41	—	—	1,900	Neutral
Neutral	3,800	—	—	29.32	0.52	-0.10	0.00	6.75	265	13.65	0.00	-0.06	-0.48	16.96	—	—	—	Neutral
Long buildup	47,500	+1,900	7	23.49	0.47	-0.08	+2.55	8.55	267.50	18.90	0.00	-0.06	-0.54	16.41	—	—	—	Neutral
Short buildup	1.41 L	+36,100	33	19.54	0.41	-0.07	-0.20	5.90	270	11.40	-0.60	-0.07	-0.57	20.76	14	+15,200	17,100	Short buildup
Neutral	—	—	—	27.93	0.42	-0.10	0.00	4.70	272.50	22.50	0.00	-0.05	-0.67	14.98	—	—	—	Neutral
Neutral	—	—	—	27.55	0.38	-0.09	0.00	9.90	275	13.40	-5.95	-0.05	-0.69	17.51	5	+5,700	5,700	Short buildup
Neutral	1,900	—	—	27.21	0.35	-0.09	0.00	2.50	277.50	26.35	0.00	-0.03	-0.81	12.51	—	—	—	Neutral
Short buildup	64,600	+20,900	33	20.60	0.26	-0.06	-0.05	3.25	280	16.75	-5.85	-0.04	-0.79	16.16	13	+24,700	24,700	Short buildup
Neutral	—	—	—	26.62	0.29	-0.08	0.00	2.70	282.50	30.40	0.00	—	—	—	—	—	—	Neutral
Neutral	—	—	—	26.40	0.26	-0.08	0.00	6.75	285	25.35	0.00	—	—	—	—	—	3,800	Neutral
Neutral	—	—	—	26.18	0.23	-0.07	0.00	2.00	287.50	34.65	0.00	—	—	—	—	—	—	Neutral
Neutral	30,400	+1,900	1	20.59	0.14	-0.04	0.00	1.50	290	29.75	0.00	—	—	—	—	—	—	Neutral
	—	—	—	25.78	0.18	-0.06	—	1.50	292.50	39.05	—	—	—	—	—	—	—
Neutral	—	—	—	25.60	0.15	-0.06	0.00	4.45	295	33.65	0.00	—	—	—	—	—	—	Neutral
Short buildup	28,500	+7,600	10	21.78	0.08	-0.03	-0.15	0.80	300	38.00	0.00	—	—	—	—	—	13,300	Neutral
	—	—	—	25.10	0.09	-0.04	—	2.85	305	41.90	—	—	—	—	—	—	—

Source: NSE F&O bhavcopy (EOD, official). Black-76 on the forward; IV from close (settle if untraded). Forward: put-call parity, median of 3 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.