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

Option chain

DRREDDY

23 Nov 2026 expiry · 21 strikes around the money

1,215.60
Forward estimate · 50 strikes analysed · Market closed · Snapshot
Put-call ratio6.33more puts open
Max pain1,200strike of least writer payout
ATM straddle₹127.60call + put at 1,200
Expected move± ₹127.6010.59% by expiry
LiquidityPoor41% of legs quoted
PositioningBullish positioning28% confidence

The chain prices a move to roughly ₹1,077.60₹1,332.80 by expiry.

Option chain

Reference strike 1,220
DRREDDY option chain for 2026-11-23. Calls on the left, puts on the right, strikes down the centre.
CallsPuts
OIIVLTPStrikeLTPIVOI
033.67%CE1,020PE33.67%0
033.70%CE1,040PE33.70%0
033.69%CE1,060PE33.69%0
033.71%CE1,080PE33.71%0
033.74%CE1,100PE33.74%0
025.89%CE1,120PES25.89%11,250
033.72%CE1,140PE33.72%0
033.74%CE1,160PE33.74%0
033.76%CE1,180PE33.76%0
031.63%CE1,200PEMP31.63%625
Spot ₹1,215.60
031.80%CE1,220PE31.80%0
031.96%CE1,240PE31.96%0
032.10%CE1,260PE32.10%0
032.20%CE1,280PE32.20%0
032.31%CE1,300PE32.31%0
032.42%CE1,320PE32.42%0
0CE1,340PE0
032.54%CE1,360PE32.54%0
0CE1,380PE0
1,87523.14%CE1,400PER23.14%0
01,4200

6 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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