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GAIL (INDIA) LTD · Aug

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 GAIL (INDIA) LTD expiring Aug. The underlying spot is ₹172.5 with an at-the-money strike of ₹172.5. 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 ₹175, put–call ratio (OI) of 0.37, ATM straddle price ₹7.09 and implied volatility index (IVx) at 28.0%. 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
172.50
ATM
173
Max Pain
175
PCR (OI)
0.37
Highest Call OI
190
Highest Put OI
180
ATM Straddle
7.09
Highest Call ΔOI
173
Highest Put ΔOI
168
IVx
28.02%
// option chain20 strikes · spot 172.50
CALLSStrikePUTS
OIΔOIVolLTP·LTPVolΔOIOI
0+000.001480.000+00
39.0K+0024.701500.0785.2K-14.2K5.36L
10.7K+0021.551530.1910.7K+01.42L
85.2K-10.7K21.3K16.701550.155.79L+2.13L10.47L
10.7K+010.7K15.251580.241.81L-10.7K6.82L
8.06L-10.7K24.9K12.101600.4013.53L-2.48L19.74L
4.86L-28.4K53.3K9.991630.6510.76L+1.38L10.12L
6.18L-10.7K1.03L7.791651.0815.87L+3.5K18.71L
1.60L+14.2K28.4K6.031681.718.77L+3.62L10.29L
22.15L+74.5K23.15L4.471702.6831.31L-2.63L39.76L
24.39L+10.15L32.02L3.251733.8411.01L+53.3K15.76L
83.85L+8.59L69.30L2.311755.4910.12L-74.5K33.65L
32.38L+71.0K23.29L1.721787.361.49L-71.0K10.58L
148.14L+2.63L93.90L1.231809.295.72L-39.0K46.68L
28.79L+3.19L22.15L0.8918311.6063.9K+17.8K7.06L
91.45L+7.49L54.28L0.6718513.8049.7K-10.7K8.88L
18.89L-2.20L12.43L0.5418816.1331.9K+3.5K1.99L
202.49L+5.22L58.97L0.4419018.5242.6K-14.2K38.09L
9.59L-2.13L5.96L0.3619320.150+081.7K
16.93L-6.60L17.61L0.2919521.360+088.8K
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// other option chains216 total

Frequently asked questions

What is max pain for GAIL (INDIA) LTD?
Max pain for the Aug expiry is ₹175. 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 0.37 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 GAIL (INDIA) 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 GAIL (INDIA) LTD derivatives.