VMM option chain
IV vs HV, IV percentile & PCR history →End of day 02 Nov 2026 · expiry 23 Nov 2026 (21 days) · lot 4850
Spot
88.89
Future
88.33
Forward
88.38
PCR (OI)
0.57
Puts 81.58 L / Calls 1.44 Cr
PCR (volume)
0.37
Puts 1,645 / Calls 4,487
Max pain
90
strike with least total payout to holders
Highest OI
100 CE · 90 PE
ΔOI calls −6.69 L · puts +4.03 L
Open interest by strike
CallsPuts│ ATM┊ Max pain
| Calls | Puts | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buildup | OI | ΔOI | IV % | Chg | LTP | Strike | LTP | Chg | IV % | ΔOI | OI | Buildup | ||||||
| — | — | 79.45 | — | 43.56 | 70 | 0.12 | — | 52.25 | +43,650 | 43,650 | ||||||||
| Neutral | — | — | 72.28 | 0.00 | 32.95 | 72 | 0.09 | +0.07 | 44.60 | +43,650 | 43,650 | Long buildup | ||||||
| Neutral | — | — | 65.42 | 0.00 | 30.99 | 74 | 0.14 | -0.07 | 42.78 | +1.16 L | 1.75 L | Short buildup | ||||||
| — | — | 61.99 | — | 38.68 | 75 | 0.16 | — | 41.16 | +53,350 | 53,350 | ||||||||
| Neutral | — | — | 58.79 | 0.00 | 29.03 | 76 | 0.21 | -0.14 | 40.70 | −43,650 | 6.40 L | Long unwinding | ||||||
| Neutral | — | — | 55.78 | 0.00 | 28.05 | 77 | 0.25 | -0.19 | 39.41 | +4,850 | 48,500 | Short buildup | ||||||
| Neutral | — | — | 52.71 | 0.00 | 27.08 | 78 | 0.32 | -0.24 | 38.81 | −29,100 | 87,300 | Long unwinding | ||||||
| Neutral | — | — | 49.97 | 0.00 | 26.11 | 79 | 0.39 | -0.34 | 37.76 | −92,150 | 97,000 | Long unwinding | ||||||
| Long buildup | 14,550 | +4,850 | 46.58 | +3.46 | 9.31 | 80 | 0.49 | -0.42 | 37.06 | −1.26 L | 6.21 L | Long unwinding | ||||||
| Neutral | — | — | 45.38 | 0.00 | 24.20 | 81 | 0.64 | -0.52 | 36.93 | +19,400 | 2.96 L | Short buildup | ||||||
| Neutral | — | — | 43.53 | 0.00 | 5.15 | 82 | 0.79 | -0.69 | 36.19 | +53,350 | 4.61 L | Short buildup | ||||||
| Neutral | 24,250 | — | 41.84 | 0.00 | 6.56 | 83 | 0.97 | -0.27 | 35.46 | +24,250 | 1.79 L | Short buildup | ||||||
| Long buildup | 1.07 L | +43,650 | 38.83 | +2.71 | 5.84 | 84 | 1.20 | -1.07 | 34.95 | +1.21 L | 2.57 L | Short buildup | ||||||
| Short covering | 3.88 L | −2.67 L | 33.55 | +2.16 | 4.78 | 85 | 1.48 | -1.24 | 34.55 | −53,350 | 4.85 L | Long unwinding | ||||||
| Short buildup | 14,550 | +14,550 | 32.69 | -15.48 | 4.07 | 86 | 1.80 | -0.50 | 34.05 | −14,550 | 2.91 L | Long unwinding | ||||||
| Short covering | 5.04 L | −3.20 L | 33.93 | +1.80 | 3.58 | 87 | 2.20 | -1.61 | 33.93 | +1.31 L | 4.41 L | Short buildup | ||||||
| Short covering | 5.38 L | −2.38 L | 33.58 | +1.54 | 3.02 | 88 | 2.64 | -1.86 | 33.62 | +77,600 | 5.58 L | Short buildup | ||||||
| Long buildup | 3.98 L | +87,300 | 33.77 | +1.31 | 2.56 | 89 | 3.15 | -0.75 | 33.50 | +92,150 | 2.67 L | Short buildup | ||||||
| Short covering | 19.30 L | −7.37 L | 33.31 | +1.11 | 2.10 | 90 | 3.65 | -2.48 | 32.58 | −24,250 | 12.56 L | Long unwinding | ||||||
| Long buildup | 8.10 L | +1.50 L | 33.40 | +0.91 | 1.74 | 91 | 5.31 | 0.00 | 25.14 | — | 33,950 | Neutral | ||||||
| Long buildup | 9.36 L | +4.85 L | 34.02 | +0.79 | 1.47 | 92 | 5.10 | -2.23 | 34.37 | +14,550 | 4.32 L | Short buildup | ||||||
| Long buildup | 1.89 L | +1.02 L | 34.08 | +0.63 | 1.20 | 93 | 3.25 | 0.00 | 22.28 | — | 14,550 | Neutral | ||||||
| Neutral | 2.33 L | — | 34.72 | +0.52 | 1.01 | 94 | 10.86 | 0.00 | 19.68 | — | 4,850 | Neutral | ||||||
| Short covering | 20.27 L | −4.07 L | 35.20 | +0.43 | 0.84 | 95 | 7.00 | -3.27 | 27.26 | −4,850 | 6.45 L | Neutral | ||||||
| Long buildup | 5.53 L | +63,050 | 36.08 | +0.37 | 0.72 | 96 | 9.74 | 0.00 | — | — | 19,400 | Neutral | ||||||
| Short covering | 4.07 L | −29,100 | 36.37 | +0.29 | 0.59 | 97 | 10.65 | 0.00 | — | — | 14,550 | Neutral | ||||||
| Long buildup | 2.72 L | +67,900 | 37.06 | +0.24 | 0.50 | 98 | 2.86 | 0.00 | — | — | — | Neutral | ||||||
| Long buildup | 2.81 L | +1.02 L | 37.89 | +0.21 | 0.43 | 99 | 14.44 | 0.00 | — | — | 24,250 | Neutral | ||||||
| Neutral | 27.35 L | −19,400 | 38.12 | +0.16 | 0.35 | 100 | 11.85 | -3.22 | 35.85 | −4,850 | 2.81 L | Long unwinding | ||||||
| Long buildup | 1.36 L | +53,350 | 39.77 | +0.01 | 0.33 | 101 | 3.98 | 0.00 | — | — | — | Neutral | ||||||
| Long buildup | 53,350 | +29,100 | 40.99 | +0.14 | 0.30 | 102 | 4.40 | 0.00 | — | — | — | Neutral | ||||||
| Neutral | 53,350 | +24,250 | 41.70 | 0.00 | 0.26 | 103 | 14.90 | 0.00 | — | — | 9,700 | Neutral | ||||||
| Short buildup | 19,400 | +9,700 | 41.35 | -0.04 | 0.20 | 104 | 15.86 | 0.00 | — | — | 9,700 | Neutral | ||||||
| Long buildup | 6.84 L | +14,550 | 41.88 | +0.07 | 0.17 | 105 | 16.89 | 0.00 | — | — | 63,050 | Neutral | ||||||
| Neutral | 4,850 | — | 33.26 | 0.00 | 0.06 | 106 | 17.79 | 0.00 | — | — | 4,850 | Neutral | ||||||
| Long buildup | 43,650 | +29,100 | 43.89 | +0.06 | 0.14 | 107 | 18.77 | 0.00 | — | — | 4,850 | Neutral | ||||||
| Long unwinding | — | −4,850 | 42.34 | -1.11 | 0.09 | 108 | · | · | · | · | · | · | · | · | · | |||
| Long buildup | 4.32 L | +9,700 | 45.51 | +0.04 | 0.09 | 110 | 22.22 | 0.00 | — | — | 1.02 L | Neutral | ||||||
| Neutral | 1.79 L | — | 46.22 | +0.02 | 0.08 | 111 | 22.69 | 0.00 | — | — | 4,850 | Neutral | ||||||
| Long buildup | 1.16 L | +72,750 | 47.73 | +0.04 | 0.08 | 112 | · | · | · | · | · | · | · | · | · | |||
| Short covering | 53,350 | −4,850 | 49.71 | +0.03 | 0.07 | 114 | · | · | · | · | · | · | · | · | · | |||
| Neutral | 53,350 | — | 41.67 | 0.00 | 0.04 | 116 | 27.52 | 0.00 | — | — | 1.89 L | Neutral | ||||||
| Long unwinding | 1.75 L | −4,850 | 63.66 | -0.10 | 0.03 | 130 | · | · | · | · | · | · | · | · | · | |||
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 5.73% (91-day T-bill 5.73% (RBI, week of 16 Oct 2026)). Buildup labels describe price and open-interest changes only and are not advice. Spot: NSE F&O bhavcopy underlying price.