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 ₹189.1 with an at-the-money strike of ₹190. 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 ₹187.5, put–call ratio (OI) of 0.80, ATM straddle price ₹3.52 and implied volatility index (IVx) at 25.6%. 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.
| CALLS | Strike | PUTS | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | ΔOI | Vol | LTP | · | LTP | Vol | ΔOI | OI |
| 13.8K | +0 | 0 | 18.23 | 165 | 0.02 | 38.5K | -30.3K | 23.62L |
| 2.20L | +0 | 0 | 16.71 | 168 | 0.04 | 22.0K | -5.5K | 6.52L |
| 7.09L | -11.0K | 1.40L | 19.58 | 170 | 0.04 | 2.31L | -90.8K | 42.05L |
| 3.69L | +0 | 0 | 17.90 | 173 | 0.04 | 3.05L | -2.23L | 8.20L |
| 8.66L | +24.8K | 2.81L | 14.35 | 175 | 0.06 | 4.32L | -1.04L | 35.09L |
| 6.24L | +0 | 0 | 11.04 | 178 | 0.13 | 4.70L | -46.8K | 54.75L |
| 14.19L | +77.0K | 5.64L | 9.48 | 180 | 0.16 | 16.53L | -5.36L | 41.50L |
| 19.47L | -1.13L | 5.97L | 6.81 | 183 | 0.26 | 35.48L | +2.92L | 42.95L |
| 120.89L | -46.8K | 17.68L | 4.54 | 185 | 0.45 | 112.53L | +9.13L | 143.50L |
| 52.69L | -8.3K | 20.95L | 2.81 | 188 | 0.99 | 69.30L | +1.93L | 60.39L |
| 153.84L | -7.95L | 221.54L | 1.43 | 190 | 2.09 | 48.10L | +4.40L | 71.17L |
| 69.82L | +3.74L | 177.29L | 0.63 | 193 | 3.84 | 9.65L | -60.5K | 19.83L |
| 94.63L | -3.79L | 116.13L | 0.28 | 195 | 6.02 | 5.97L | -96.3K | 21.20L |
| 26.26L | -60.5K | 24.12L | 0.13 | 198 | 8.58 | 13.8K | -8.3K | 2.58L |
| 93.75L | -1.98L | 15.32L | 0.10 | 200 | 10.99 | 38.5K | -16.5K | 21.89L |
| 10.45L | -38.5K | 3.33L | 0.07 | 203 | 11.36 | 0 | +0 | 1.13L |
| 37.67L | -85.3K | 6.71L | 0.07 | 205 | 15.21 | 27.5K | -13.8K | 4.13L |
| 20.24L | -71.5K | 1.65L | 0.05 | 208 | 19.00 | 0 | +0 | 1.40L |
| 43.86L | -19.3K | 1.65L | 0.03 | 210 | 20.80 | 11.0K | -5.5K | 22.11L |
| 10.37L | -2.8K | 16.5K | 0.01 | 215 | 25.25 | 77.0K | -5.5K | 2.37L |
Frequently asked questions
- What is max pain for TATA STEEL LIMITED?
- Max pain for the Sep expiry is ₹187.5. 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 0.80 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.