Tata Consultancy Services Option Chain, Max Pain & OI
Live TCS option chain, max pain, open interest and PCR for India's largest IT company.
Tata Consultancy Services (TCS) is India's largest IT-services firm by market cap and the bellwether of the sector, so its options often set the tone for IT-stock positioning each results season. IV rises noticeably into earnings.
This page covers reading the TCS option chain, max pain, open interest and PCR — all streamed live and lot-adjusted on Quintal Mind. NSE revises lot sizes periodically, so confirm the current contract specs on your broker terminal.
Reading the TCS Option Chain
The TCS option chain lists every available call and put strike for the current expiry on NSE, with last price, volume, open interest, change in OI, implied volatility and bid–ask for each. TCS options trade with a strike gap of 20 and a lot size of 175.
Quintal Mind streams the TCS chain live over a compressed WebSocket, so LTP, OI and IV update in real time during market hours instead of the 3-minute delay on the exchange site. The ATM strike is highlighted and the chain is centred on spot so the relevant strikes are always in view.
TCS Max Pain & Open Interest
Max pain is the candidate settlement price that minimises the combined intrinsic payout of outstanding TCS calls and puts for one expiry, weighted by open interest. It can change as OI changes and does not predict where the underlying will settle. Call and put OI concentrations show positioning, not guaranteed resistance or support.
Watching OI change (not just absolute OI) tells you whether positions at a strike are being built or unwound — the difference between fresh conviction and a fading move.
TCS PCR & Sentiment
The TCS Put-Call Ratio (PCR), computed from total put OI ÷ total call OI, is a quick sentiment gauge: a high PCR leans bullish (heavy put writing), a low PCR leans bearish (heavy call writing). Quintal Mind shows live PCR alongside the chain so you have context before every trade.
Frequently Asked Questions
When does TCS options expiry happen?
TCS single-stock options follow a monthly expiry on the last Thursday of the month, shifting earlier when that day is an NSE holiday.
What is the TCS lot size?
TCS F&O trades in a lot of roughly 175 shares with strikes about 20 points apart. NSE revises lot sizes periodically, so verify the current contract on your broker terminal.
Other Option Chains
Related Tools
See the Live TCS Chain
The full real-time TCS option chain — every strike with LTP, OI, change in OI, IV and bid–ask — is available after a free sign-up.
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