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ADANI POWER LTD · Sep

Quick snapshot of the current expiry option chain — spot, ATM, max pain, OI bias, straddle price and IVx at a glance. Switch to the terminal for full strategy tools.

This is the live option chain for ADANI POWER LTD expiring Sep. The underlying spot is ₹196.3 with an at-the-money strike of ₹195. The table below shows 16 strikes with call and put last traded prices, open interest and greeks.

Key derivatives metrics for this expiry include max pain at ₹210, put–call ratio (OI) of 0.65, ATM straddle price ₹3.35 and implied volatility index (IVx) at 31.2%. These summary stats help you judge whether writers are positioned for a range-bound move or a directional breakout.

3 expiries are available — use the expiry selector to compare weekly and monthly series and see how open interest migrates across tenors. Open the tick2trade terminal for multi-leg strategy building, payoff charts and advanced open-interest analysis beyond this public snapshot.

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Spot
196.30
ATM
195
Max Pain
210
PCR (OI)
0.65
Highest Call OI
210
Highest Put OI
210
ATM Straddle
3.35
Highest Call ΔOI
170
Highest Put ΔOI
175
IVx
31.16%
// option chain16 strikes · spot 196.30
CALLSStrikePUTS
OIΔOIVolLTP·LTPVolΔOIOI
7.1K+0032.901700.014.26L-2.34L2.31L
24.9K+0035.241750.051.99L+01.53L
92.3K+0025.791800.0115.05L-9.23L13.03L
53.3K-21.3K31.9K11.791850.0112.32L-2.59L4.97L
4.19L-28.4K1.77L7.961900.0146.43L-5.79L8.95L
2.13L-2.80L19.28L3.301950.0527.51L-5.68L3.62L
14.95L-19.42L65.99L0.022001.9038.41L-19.88L10.90L
22.33L-26.20L62.20L0.012056.084.37L-2.98L24.10L
60.92L-29.15L56.20L0.0121012.007.21L-5.22L37.56L
39.12L-19.63L25.77L0.0121520.002.66L-1.81L20.38L
42.92L-20.20L28.08L0.0122021.803.23L-2.63L22.15L
14.84L-3.09L3.55L0.0122527.001.03L-17.8K8.63L
23.47L-13.67L3.94L0.0123031.901.14L-71.0K7.77L
11.29L-1.14L2.63L0.0123536.717.1K-3.5K1.95L
21.48L-6.99L10.72L0.0124041.5063.9K+04.65L
7.70L-7.1K2.27L0.0225052.003.5K+035.5K
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// other option chains219 total

Frequently asked questions

What is max pain for ADANI POWER LTD?
Max pain for the Sep expiry is ₹210. It is the strike where combined call and put open interest would cause the largest loss to option buyers at expiry, often used as a reference level for range expectations.
What does the PCR (OI) of 0.65 indicate?
Put–call ratio by open interest compares total put OI to call OI for this expiry. Values above 1 generally indicate more put writing or hedging; values below 1 suggest more call-side positioning. Context matters — combine PCR with spot trend and IVx before drawing conclusions.
How do I trade ADANI POWER LTD options on tick2trade?
This page is a read-only snapshot. Open the tick2trade terminal to place orders, build multi-leg strategies and access full greeks, margin and execution tools for ADANI POWER LTD derivatives.