UPL option chain
IV vs HV, IV percentile & PCR history →End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 1355
Spot
516.10
Future
523.35
Forward
522.78
PCR (OI)
0.69
Puts 1.18 Cr / Calls 1.71 Cr
PCR (volume)
0.56
Puts 36,263 / Calls 64,211
Max pain
520
strike with least total payout to holders
Highest OI
550 CE · 500 PE
ΔOI calls +86.88 L · puts +47.48 L
Open interest by strike
CallsPuts│ ATM┊ Max pain
| Calls | Puts | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildup | OI | ΔOI | IV % | Chg | LTP | Strike | LTP | Chg | IV % | ΔOI | OI | Buildup | ||||||
| · | · | · | · | · | · | · | · | · | 400 | 0.50 | -0.15 | 55.53 | — | 93,495 | Neutral | |||
| · | · | · | · | · | · | · | · | · | 420 | 0.75 | 0.00 | 50.03 | +2,710 | 8,130 | Neutral | |||
| Neutral | — | — | — | 0.00 | 113.60 | 430 | 0.70 | -0.35 | 44.92 | +73,170 | 93,495 | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 109.05 | 435 | 1.50 | -0.65 | 49.68 | +2,710 | 2,710 | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 154.15 | 440 | 1.10 | -0.90 | 44.17 | +1.10 L | 2.06 L | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 100.00 | 445 | 2.95 | 0.00 | 35.22 | — | 6,775 | Neutral | ||||||
| Neutral | 51,490 | — | — | 0.00 | 54.00 | 450 | 1.55 | -1.30 | 42.57 | +1.49 L | 3.27 L | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 62.00 | 455 | 1.75 | -2.25 | 41.28 | +82,655 | 93,495 | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 136.25 | 460 | 2.10 | -1.80 | 40.61 | +1.14 L | 2.06 L | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 82.85 | 465 | 2.55 | +0.25 | 40.11 | +36,585 | 90,785 | Long buildup | ||||||
| Neutral | — | — | — | 0.00 | 78.75 | 470 | 2.90 | -2.60 | 38.87 | +1.68 L | 2.56 L | Short buildup | ||||||
| Neutral | — | — | — | 0.00 | 74.75 | 475 | 3.70 | -2.30 | 39.07 | +69,105 | 1.15 L | Short buildup | ||||||
| Short buildup | 20,325 | +9,485 | — | -30.70 | 40.00 | 480 | 4.50 | -2.70 | 38.78 | +2.89 L | 3.97 L | Short buildup | ||||||
| Neutral | 4,065 | — | — | 0.00 | 33.05 | 485 | 5.25 | -3.05 | 37.96 | +31,165 | 52,845 | Short buildup | ||||||
| Neutral | 17,615 | — | 20.15 | 0.00 | 32.35 | 490 | 5.90 | -4.35 | 36.56 | +98,915 | 3.20 L | Short buildup | ||||||
| Neutral | — | — | 23.09 | 0.00 | 59.85 | 495 | 6.80 | -4.40 | 35.54 | +17,615 | 60,975 | Short buildup | ||||||
| Long buildup | 5.77 L | +24,390 | 34.21 | +0.15 | 30.35 | 500 | 8.30 | -4.65 | 35.62 | +16.06 L | 23.81 L | Short buildup | ||||||
| Short buildup | 93,495 | +35,230 | 32.71 | -22.45 | 26.35 | 505 | 9.65 | -5.25 | 34.89 | +40,650 | 1.71 L | Short buildup | ||||||
| Long buildup | 5.30 L | +2.90 L | 33.66 | +0.05 | 23.65 | 510 | 11.35 | -5.35 | 34.52 | +5.19 L | 8.33 L | Short buildup | ||||||
| Short buildup | 4.00 L | +3.33 L | 33.95 | -19.20 | 20.90 | 515 | 13.60 | -5.70 | 34.84 | +1.37 L | 9.36 L | Short buildup | ||||||
| Short buildup | 24.01 L | +18.81 L | 33.75 | -0.75 | 18.15 | 520 | 15.60 | -6.15 | 34.17 | +4.27 L | 10.80 L | Short buildup | ||||||
| Long buildup | 5.83 L | +4.07 L | 35.09 | +0.15 | 16.40 | 525 | 17.25 | -7.05 | 32.36 | +1.67 L | 2.38 L | Short buildup | ||||||
| Short buildup | 16.46 L | +7.03 L | 34.87 | -0.50 | 14.10 | 530 | 19.70 | -7.40 | 31.67 | +2.14 L | 5.81 L | Short buildup | ||||||
| Short buildup | 3.14 L | +1.99 L | 33.05 | -1.35 | 11.25 | 535 | 23.40 | -6.80 | 33.05 | +1.96 L | 2.53 L | Short buildup | ||||||
| Short buildup | 17.94 L | +8.96 L | 33.12 | -1.65 | 9.55 | 540 | 26.30 | -7.15 | 32.32 | +50,135 | 4.89 L | Short buildup | ||||||
| Short buildup | 2.25 L | +1.26 L | 33.06 | -1.75 | 8.00 | 545 | 35.20 | -0.95 | 44.22 | +18,970 | 2.71 L | Short buildup | ||||||
| Short buildup | 24.97 L | +12.80 L | 33.13 | -1.60 | 6.70 | 550 | 36.00 | +0.40 | 38.36 | +33,875 | 4.99 L | Long buildup | ||||||
| Short buildup | 2.43 L | +1.68 L | 33.77 | -1.60 | 5.80 | 555 | 37.55 | +1.50 | 33.04 | +1.03 L | 1.12 L | Long buildup | ||||||
| Short buildup | 12.63 L | +2.01 L | 34.20 | -1.40 | 4.95 | 560 | 42.40 | -6.45 | 35.42 | −6,775 | 8.86 L | Neutral | ||||||
| Short buildup | 37,940 | +37,940 | 34.11 | -18.65 | 4.05 | 565 | 44.65 | 0.00 | 45.14 | — | — | Neutral | ||||||
| Short buildup | 6.69 L | +2.94 L | 34.23 | -1.45 | 3.35 | 570 | 36.00 | 0.00 | 46.36 | — | 81,300 | Neutral | ||||||
| Short buildup | 82,655 | +69,105 | 34.70 | -2.60 | 2.85 | 575 | 40.75 | 0.00 | 47.66 | — | 1,355 | Neutral | ||||||
| Short buildup | 9.69 L | +5.16 L | 36.06 | -0.80 | 2.65 | 580 | 49.00 | 0.00 | 49.05 | — | 1.99 L | Neutral | ||||||
| Short buildup | 1.04 L | +14,905 | 36.00 | -0.95 | 2.15 | 585 | 71.00 | 0.00 | 50.52 | — | 1,355 | Neutral | ||||||
| Short buildup | 2.48 L | +1.10 L | 37.25 | -0.60 | 2.00 | 590 | 90.00 | 0.00 | 52.09 | — | 21,680 | Neutral | ||||||
| Neutral | — | — | 31.56 | 0.00 | 13.70 | 595 | 65.45 | 0.00 | 53.72 | — | — | Neutral | ||||||
| Short buildup | 17.80 L | +10.12 L | 37.72 | -0.40 | 1.40 | 600 | 82.50 | +4.50 | 55.40 | +2,710 | 3.08 L | Neutral | ||||||
| Short buildup | 2.05 L | +82,655 | 38.75 | -0.40 | 1.05 | 610 | 91.30 | -11.70 | 55.66 | — | 14,905 | Neutral | ||||||
| Neutral | 2.97 L | −1,355 | 40.71 | -0.20 | 0.90 | 620 | 100.00 | -3.00 | 54.60 | −4,065 | 1.34 L | Long unwinding | ||||||
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 10.31% (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.