NIFTY 5023,862.60+2.21%NIFTY BANK57,643.90+2.28%Snapshot

Option chain

CIPLA

29 Sept 2026 expiry · 21 strikes around the money

1,385.60
Forward estimate · 50 strikes analysed · Market closed · Snapshot
Put-call ratio0.60more calls open
Max pain1,400strike of least writer payout
ATM straddle₹44.15call + put at 1,420
Expected move± ₹44.153.10% by expiry
LiquidityThin88% of legs quoted
PositioningBearish positioning36% confidence

The chain prices a move to roughly ₹1,379.95₹1,468.25 by expiry.

Option chain

Reference strike 1,390
CIPLA option chain for 2026-09-29. Calls on the left, puts on the right, strikes down the centre.
CallsPuts
OIVolumeIVLTPStrikeLTPIVVolumeOI
2,5502,55024.67%₹77.151,290₹0.5524.67%47,17522,950
32,72511,47523.09%₹78.251,300S₹0.6523.09%4.52 L9.75 L
0022.82%1,310₹1.0522.82%34,00031,450
8,5004,67521.85%CE1,320PE21.85%2.55 L1.79 L
0022.04%CE1,330PE22.04%1.90 L1.19 L
15,300022.38%CE1,340PE22.38%2.21 L1.26 L
1.48 L022.43%CE1,350PE22.43%3.20 L3.03 L
2.30 L5.09 L21.98%CE1,360PE21.98%4.65 L4.54 L
85,4254.82 L22.63%CE1,370PE22.63%2.44 L93,925
2.11 L022.41%CE1,380PE22.41%1.60 L1.44 L
Spot ₹1,385.60
1.10 L2.61 L17.85%CE1,390PE17.85%085,000
6.27 L5.80 L19.33%CE1,400PEMP19.33%71,4002.74 L
1.51 L3.24 L19.45%CE1,410PE19.45%01.31 L
3.71 L3.12 L19.86%CE1,420PE19.86%01.39 L
2.48 L019.93%CE1,430PE19.93%42564,600
2.59 L45,90020.48%CE1,440PE20.48%2,97543,775
2.20 L39,10020.72%CE1,450PE20.72%020,825
3.15 L1.03 L21.34%CE1,460PE21.34%09,775
41,6507,65021.75%CE1,470PE21.75%044,625
8.66 L021.20%CE1,480PER21.20%019,125
48,4506,37522.49%CE1,490PE22.49%0850

2 of 42 legs unpricedMP max painS open-interest supportR resistanceShaded cells are in the moneyChoose a premium to trade · CE / PE opens the contract

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