TBTflow / F&O data / Options / INDIGO options
INDIGO options · NSE · end of day

INDIGO option chain today, 23 Oct 2026: max pain 4,800, PCR 0.41, call wall 5,100, put wall 4,500

As of Friday 23 October 2026, from the exchange's official end-of-day F&O file.

Next INDIGO expiry: Tuesday 27 October 2026; the one after: Monday 23 November 2026. From the exchange's F&O contract list.

INDIGO closed at 4,548.95. For the 27 October 2026 expiry the biggest call open interest is at 5,100 and the biggest put open interest at 4,500; put-call ratio 0.41, max pain 4,800.

Biggest call OI
5,100
5.6 L
Biggest put OI
4,500
1.3 L
PCR (open interest)
0.41
puts ÷ calls, whole chain
Max pain
4,800
close 4,548.95
INDIGO open interest by strike, expiry 27 OctAs of 23 October 2026
Puts (left)Calls (right)Thin mark = previous day's open interest
27 strikes around the at-the-money strike (4,550, the strike nearest the close). The line across marks the underlying close, 4,548.95. The biggest put and call bars shown carry their value. Tap or hover a strike to read it.

The at-the-money straddle (4,550 call + put) settled at 108.40: on 23 October 2026 the options were priced for a move of about ±₹108.40 (±2.38 %) by the 27 October 2026 expiry. That is what the options cost, not a forecast.

Settle prices around the money

Settle price = the exchange's official end-of-day price of each option. OI = open interest, the number of option units still open; change = since the previous day.

Call settle
OI · change
StrikePut settle
OI · change
254.34
OI 0 · 0
4,3007.30
OI 56.9K · +28.2K
207.67
OI 0 · 0
4,35010.75
OI 14.8K · +1.6K
135.10
OI 11.7K · +6.8K
4,40016.60
OI 74.2K · +13.3K
124.06
OI 0 · 0
4,45026.45
OI 43.4K · +17.6K
65.45
OI 39.1K · +26.1K
4,50044.20
OI 1.3 L · +31.5K
38.90
OI 37.6K · −450
4,550
at the money
69.50
OI 44.7K · −16.4K
22.05
OI 1.2 L · +9.9K
4,600102.15
OI 85.3K · −67.2K
14.30
OI 91.8K · +15.2K
4,650145.05
OI 35.2K · −15.3K
9.40
OI 1.3 L · −44.7K
4,700196.40
OI 82.7K · −46.6K
6.25
OI 81.9K · +1.6K
4,750235.55
OI 36.3K · −750
5.15
OI 3.4 L · −20.4K
4,800285.35
OI 80.0K · −12.4K

Biggest open interest added

  • 4,500 put: +31.5K
  • 4,300 put: +28.2K
  • 4,500 call: +26.1K
  • 4,450 put: +17.6K
  • 4,000 put: +16.8K

Biggest open interest cut

  • 5,000 call: −1.3 L
  • 4,600 put: −67.2K
  • 4,700 put: −46.6K
  • 4,700 call: −44.7K
  • 5,700 put: −27.9K
Biggest call OI
5,000
79.8K
Biggest put OI
4,400
98.8K
PCR (open interest)
0.89
puts ÷ calls, whole chain
Max pain
4,700
close 4,548.95
INDIGO open interest by strike, expiry 23 NovAs of 23 October 2026
Puts (left)Calls (right)Thin mark = previous day's open interest
27 strikes around the at-the-money strike (4,550, the strike nearest the close). The line across marks the underlying close, 4,548.95. The biggest put and call bars shown carry their value. Tap or hover a strike to read it.

The at-the-money straddle (4,550 call + put) settled at 372.65: on 23 October 2026 the options were priced for a move of about ±₹372.65 (±8.19 %) by the 23 November 2026 expiry. That is what the options cost, not a forecast.

Settle prices around the money

Settle price = the exchange's official end-of-day price of each option. OI = open interest, the number of option units still open; change = since the previous day.

Call settle
OI · change
StrikePut settle
OI · change
331.20
OI 750 · +300
4,30091.85
OI 25.5K · +4.5K
312.30
OI 300 · −150
4,350110.40
OI 5.4K · +2.4K
264.35
OI 7.2K · +4.3K
4,400127.55
OI 98.8K · +63.9K
238.30
OI 2.9K · +150
4,450148.30
OI 5.7K · +2.2K
212.55
OI 39.9K · +31.1K
4,500166.75
OI 72.3K · +50.2K
184.90
OI 7.7K · +7.7K
4,550
at the money
187.75
OI 12.2K · +7.8K
161.60
OI 76.8K · +46.2K
4,600217.60
OI 46.2K · +2.4K
139.90
OI 8.2K · +1.8K
4,650212.23
OI 8.4K · −750
120.95
OI 45.9K · +5.0K
4,700272.85
OI 32.2K · +7.0K
103.30
OI 6.8K · +2.1K
4,750275.39
OI 2.9K · 0
87.60
OI 39.9K · +8.2K
4,800336.25
OI 33.0K · +4.5K

Biggest open interest added

  • 4,400 put: +63.9K
  • 4,500 put: +50.2K
  • 4,600 call: +46.2K
  • 4,900 call: +41.2K
  • 4,500 call: +31.1K

Biggest open interest cut

  • 5,300 call: −8.1K
  • 4,100 put: −1.8K
  • 4,650 put: −750
  • 4,350 call: −150
  • 4,900 put: −150

Want real-time insights?

See how the money moves live — who paid up, the biggest single trades, minute by minute.

The last sessions

INDIGO: biggest call and put open-interest strikes vs the close, last 15 sessionsAs of 23 October 2026
Biggest call OI strikeCloseBiggest put OI strike
Each session's nearest expiry. The strikes with the most open interest are often called walls.
INDIGO: max pain vs the close, last 15 sessionsAs of 23 October 2026
Max painClose
Max pain = the strike where option holders, all together, would collect the least at expiry.
INDIGO: put-call ratio of open interest, last 15 sessionsAs of 23 October 2026
Put open interest ÷ call open interest, nearest expiry. The line at 1.0 = equal.

INDIGO futures: open interest, rollover and build-up →

What this page cannot tell you. Open interest shows where positions are open, not who holds them or which side opened them. Walls and max pain often move as expiry nears.

Quick questions

Where is the biggest open interest in INDIGO options today?
On 23 October 2026, for the 27 October 2026 expiry, the biggest call open interest was at 5,100 and the biggest put open interest at 4,500, with INDIGO at 4,548.95.
What is the INDIGO PCR and max pain today?
Put-call ratio of open interest 0.41; max pain 4,800 (expiry 27 October 2026, as of 23 October 2026).
What does the straddle price say?
The at-the-money straddle settled at 108.40, so the options were priced for a move of about ±2.38 % by expiry. It is the market price of the options, not a forecast.
INDIGO option chain mein sabse zyada OI kahan hai?
23 October 2026 ko 5,100 par sabse zyada call OI aur 4,500 par sabse zyada put OI tha. Yeh exchange ki official day-end file se hai.

Want real-time insights?

See how the money moves live — who paid up, the biggest single trades, minute by minute.

More F&O data

These pages describe market activity. They are not investment advice and not a recommendation to buy or sell any security. TBTflow is not registered with SEBI.

Free ebook

Read every panel behind these numbers, chapter by chapter.

Trading by the Numbers walks through the quantitative reads behind a modern F&O dashboard — order-flow imbalance, footprints, VWAP bands, OI flow, gamma structure and the expiry endgame — in plain trader-to-trader language.

One email with your ebook — no spam. For educational and informational purposes only; TBTflow is not SEBI-registered investment advice.