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TATA STEEL LIMITED · 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 TATA STEEL LIMITED expiring Sep. The underlying spot is ₹183 with an at-the-money strike of ₹185. The table below shows 20 strikes with call and put last traded prices, open interest and greeks.

Key derivatives metrics for this expiry include max pain at ₹185, put–call ratio (OI) of 0.68, ATM straddle price ₹7.64 and implied volatility index (IVx) at 30.4%. 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
183.00
ATM
185
Max Pain
185
PCR (OI)
0.68
Highest Call OI
190
Highest Put OI
185
ATM Straddle
7.64
Highest Call ΔOI
185
Highest Put ΔOI
185
IVx
30.38%
// option chain20 strikes · spot 183.00
CALLSStrikePUTS
OIΔOIVolLTP·LTPVolΔOIOI
2.17L+02.8K21.001600.159.76L+4.15L15.73L
2.8K+0024.091630.176.11L-93.5K5.69L
13.8K+0018.231650.2319.88L+8.3K25.55L
2.23L-8.3K19.3K16.661680.3313.04L+96.3K7.81L
7.34L-41.3K4.73L14.131700.4753.73L+9.05L57.20L
5.20L-41.3K2.72L11.821730.6844.05L-93.5K19.64L
12.62L-1.16L6.96L9.991750.9859.95L+1.26L42.84L
10.56L-1.21L20.68L7.731781.5085.99L-5.69L55.52L
37.90L-63.3K102.60L5.991802.20180.18L-1.21L76.28L
35.31L-2.78L177.71L4.451833.13156.91L+4.98L34.59L
190.35L+44.25L482.74L3.221854.42167.81L+21.59L137.64L
73.92L-5.50L150.78L2.301885.9831.18L+2.72L58.13L
241.81L-14.90L458.98L1.641907.8128.60L+60.5K89.43L
36.74L+1.46L98.81L1.161939.855.09L-1.40L15.13L
89.70L+4.15L104.31L0.8219511.931.18L-35.8K25.38L
28.11L-34.02L88.74L0.6319814.453.55L-68.8K1.79L
168.35L-28.30L138.74L0.4820016.603.69L-1.35L42.65L
14.55L+2.8K12.98L0.3820317.1922.0K+01.02L
63.30L-38.72L91.16L0.3020519.645.5K+04.81L
27.36L+4.40L10.37L0.2520818.760+01.43L
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// other option chains219 total

Frequently asked questions

What is max pain for TATA STEEL LIMITED?
Max pain for the Sep expiry is ₹185. 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 0.68 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 TATA STEEL LIMITED 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 TATA STEEL LIMITED derivatives.