BANK OF MAHARASHTRA Option Chain (NSE) — Live OI, PCR & Greeks

Reading MAHABANK's chain today

The table above shows all active MAHABANK strikes for the 29 Sep 2026 monthly expiry. Right now the heaviest Call OI sits at 90 (23,20,500 OI) and the heaviest Put OI at 85 (6,17,500), placing the option writers' range at 85–90 against a spot of 84.95. MAHABANK's PCR of 0.19 reads bearish (call-heavy), and max pain for the series is 85.

Stock options vs index options

Unlike index contracts, MAHABANK options are deliverable — positions held into expiry can result in physical settlement, so most traders square off before the final sessions. Liquidity concentrates in the near-month at-the-money strikes; quotes far out-of-the-money can carry wide spreads, so check LTP against the bid-ask before sizing. Results announcements, sector news and F&O ban-list entry are the three events that reshape this chain fastest — MAHABANK's ban status is shown above and on the F&O ban list.

Using the levels

Treat 85 and 90 as the defended zone for this series, and confirm any breakout against fresh buildup rather than standing OI. For multi-leg positions on these strikes, the strategy builder imports this chain's live prices.

FAQs

What is the lot size for MAHABANK options?

The current lot size is 0 — specifications have been revised recently, so we display the live value rather than a fixed number.

When do MAHABANK options expire?

Stock options trade monthly series; the current series expires on 29 Sep 2026. Positions held into expiry are physically settled, so most traders square off in advance.

What does physical settlement mean for MAHABANK?

In-the-money stock options held to expiry settle by delivery of shares, requiring full value or holdings. This is the main reason stock-option OI unwinds faster into expiry than index OI.

Where can I see MAHABANK's futures build-up?

On the MAHABANK futures page, which shows price, OI and basis for current and next series alongside this chain.