PI INDUSTRIES Option Chain (NSE) — Live OI, PCR & Greeks

Reading PIIND's chain today

The table above shows all active PIIND strikes for the 28 Jul 2026 monthly expiry. Right now the heaviest Call OI sits at 2,800 (1,89,350 OI) and the heaviest Put OI at 2,600 (78,925), placing the option writers' range at 2,600–2,800 against a spot of 2,623.8. PIIND's PCR of 0.59 reads bearish (call-heavy), and max pain for the series is 2,640.

Stock options vs index options

Unlike index contracts, PIIND 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 — PIIND's ban status is shown above and on the F&O ban list.

Using the levels

Treat 2,600 and 2,800 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 PIIND options?

The current lot size is 175 — specifications have been revised recently, so we display the live value rather than a fixed number.

When do PIIND options expire?

Stock options trade monthly series; the current series expires on 28 Jul 2026. Positions held into expiry are physically settled, so most traders square off in advance.

What does physical settlement mean for PIIND?

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 PIIND's futures build-up?

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