Live Greeks · iVIX · AAV · Max Pain · PCR — Black-76 model
As of 12:29 am IST, MCX Gold Mini Max Pain sits at ₹1,50,000 for the 2026-10-29 expiry, with a Put-Call Ratio of 0.7 and implied volatility (iVIX) of 19.9% — the market is pricing roughly a ±₹8,283 move by expiry (1 standard deviation, 29d away). See the margin requirements and rollover mechanics for the underlying futures contract.
| Calls (CE) | Strike | Puts (PE) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OI | Chng OI | Vol | Bid/Ask | LTP | Chng | IV% | Price | IV% | Chng | LTP | Bid/Ask | Vol | Chng OI | OI |
· | · | · | · | 14,589.50 | +167.00 | · | 1,33,500 | 24.13% | +201.50 | 275.00 | · | · | · | 6 |
· | · | · | · | 13,158.50 | +175.50 | · | 1,35,000 | 23.33% | -4.50 | 348.50 | · | 35.3K | +954 | 3.7K |
· | · | · | · | 10,402.00 | +198.50 | · | 1,38,000 | 21.41% | +4.00 | 536.00 | · | 3.6K | +40 | 414 |
· | · | · | · | 9,526.00 | +206.50 | · | 1,39,000 | 20.92% | -9.00 | 634.50 | · | 3.5K | +21 | 213 |
· | · | · | · | 9,098.50 | +210.50 | · | 1,39,500 | 20.71% | +8.00 | 694.50 | · | 21 | +8 | 9 |
378 | +18 | 350 | · | 8,618.50 | -45.00 | 20.58% | 1,40,000 | 20.41% | -8.00 | 750.00 | · | 45.8K | +165 | 4.1K |
· | · | · | · | 8,266.00 | +218.50 | · | 1,40,500 | 20.4% | +2.00 | 841.00 | · | 657 | +4 | 102 |
151 | +78 | 97 | · | 8,479.50 | +667.50 | 25.93% | 1,41,000 | 19.96% | -24.50 | 892.50 | · | 3.8K | +84 | 311 |
· | · | · | · | 7,466.50 | +225.50 | · | 1,41,500 | 20.06% | +6.00 | 1,011.50 | · | 421 | +42 | 156 |
76 | +22 | 32 | · | 7,000.00 | -962.00 | 20.15% | 1,42,000 | 19.35% | -47.00 | 1,041.00 | · | 7.0K | +115 | 574 |
83 | +82 | 161 | · | 6,635.00 | -206.00 | 20.2% | 1,42,500 | 19.6% | +4.50 | 1,195.00 | · | 1.7K | +184 | 261 |
63 | +11 | 71 | · | 6,208.00 | -244.00 | 19.7% | 1,43,000 | 19.23% | -39.50 | 1,280.50 | · | 6.8K | +97 | 440 |
78 | +77 | 115 | · | 5,809.00 | -185.00 | 19.37% | 1,43,500 | 19.29% | -13.50 | 1,432.50 | · | 999 | · | 128 |
76 | +23 | 170 | · | 5,499.00 | -30.50 | 19.6% | 1,44,000 | 19.09% | -19.00 | 1,557.50 | · | 5.3K | +6 | 290 |
69 | +37 | 60 | · | 5,201.50 | -175.50 | 19.82% | 1,44,500 | 18.96% | -18.50 | 1,703.50 | · | 1.3K | · | 115 |
950 | +264 | 3.1K | · | 4,799.50 | -47.50 | 19.27% | 1,45,000 | 19.01% | -0.50 | 1,887.00 | · | 41.9K | +79 | 3.9K |
51 | +9 | 192 | · | 4,500.00 | -23.00 | 19.33% | 1,45,500 | 19.07% | +18.50 | 2,085.00 | · | 1.9K | +12 | 87 |
371 | +170 | 1.8K | · | 4,180.00 | -53.00 | 19.18% | 1,46,000 | 18.56% | -48.50 | 2,204.50 | · | 9.1K | +159 | 613 |
140 | +67 | 814 | · | 3,850.50 | -115.00 | 18.9% | 1,46,500 | 18.33% | -54.50 | 2,380.00 | · | 4.8K | · | 200 |
1.0K | +534 | 6.8K | · | 3,649.50 | -32.00 | 19.34% | 1,47,000 | 18.44% | -54.50 | 2,622.50 | · | 15.8K | +368 | 1.2K |
308 | +129 | 2.6K | · | 3,404.50 | -130.00 | 19.42% | 1,47,500 | 17.88% | -147.50 | 2,767.50 | · | 6.7K | +142 | 479 |
1.7K | +538 | 16.9K | · | 3,255.50 | +102.00 | 20.01% | 1,48,000 ATM | 18.07% | -98.00 | 3,050.00 | · | 26.0K | +154 | 1.6K |
873 | +455 | 11.2K | · | 2,878.00 | -49.00 | 19.15% | 1,48,500 | 18.68% | +10.00 | 3,413.50 | · | 12.3K | +90 | 379 |
1.5K | +527 | 24.8K | · | 2,655.00 | -32.50 | 19.15% | 1,49,000 | 18.38% | -54.50 | 3,640.00 | · | 21.8K | +261 | 629 |
675 | +411 | 11.8K | · | 2,438.50 | -36.50 | 19.11% | 1,49,500 | 18.52% | -38.00 | 3,953.00 | · | 7.1K | +43 | 181 |
4.6K | +561 | 43.0K | · | 2,230.00 | -50.00 | 19.04% | 1,50,000 MAX PAIN | 18.75% | +53.00 | 4,291.00 | · | 15.1K | +154 | 3.0K |
219 | +48 | 2.8K | · | 2,085.00 | -2.50 | 19.3% | 1,50,500 | 18.93% | +35.50 | 4,631.50 | · | 353 | +27 | 57 |
842 | +216 | 8.9K | · | 1,965.50 | +38.00 | 19.66% | 1,51,000 | 18.7% | +28.50 | 4,920.00 | · | 1.4K | +70 | 469 |
381 | +228 | 2.3K | · | 1,717.50 | -25.00 | 19.11% | 1,51,500 | 17.13% | +349.50 | 5,021.50 | · | 10 | · | 16 |
2.0K | +446 | 14.1K | · | 1,570.00 | -27.00 | 19.15% | 1,52,000 | 18.84% | +122.50 | 5,624.50 | · | 1.4K | +469 | 1.3K |
280 | +44 | 1.6K | · | 1,450.00 | -12.00 | 19.3% | 1,52,500 | 17.05% | +32.00 | 5,731.50 | · | 42 | +9 | 36 |
1.5K | +283 | 8.7K | · | 1,368.50 | +25.00 | 19.67% | 1,53,000 | 19.07% | +51.50 | 6,380.00 | · | 527 | +52 | 458 |
177 | +27 | 1.3K | · | 1,225.00 | +20.50 | 19.53% | 1,53,500 | 18.39% | +353.50 | 6,667.00 | · | 6 | +6 | 42 |
1.2K | +390 | 7.1K | · | 1,119.50 | +7.00 | 19.61% | 1,54,000 | 18.83% | +137.50 | 7,111.00 | · | 69 | +3 | 169 |
137 | +13 | 960 | · | 1,012.00 | -5.50 | 19.6% | 1,54,500 | 19.04% | +355.50 | 7,532.00 | · | 30 | +7 | 11 |
6.5K | +991 | 34.6K | · | 929.00 | -69.00 | 19.73% | 1,55,000 | 18.92% | +16.00 | 7,920.00 | · | 1.0K | +116 | 2.5K |
165 | +18 | 1.9K | · | 855.50 | +4.00 | 19.89% | 1,55,500 | 19.05% | +223.00 | 8,345.50 | · | 113 | +1 | 38 |
637 | +23 | 5.8K | · | 778.00 | +0.50 | 19.96% | 1,56,000 | 19.43% | -1.50 | 8,803.50 | · | 103 | +16 | 47 |
130 | +81 | 1.2K | · | 708.00 | -8.50 | 20.04% | 1,56,500 | · | -71.50 | 7,812.00 | · | 28 | +25 | 32 |
498 | · | 4.8K | · | 645.50 | -11.50 | 20.14% | 1,57,000 | · | +11.50 | 8,176.00 | · | 42 | +27 | 78 |
49 | +6 | 199 | · | 593.00 | -18.00 | 20.29% | 1,57,500 | · | -49.00 | 9,947.50 | · | · | · | · |
926 | +5 | 5.8K | · | 560.50 | +5.50 | 20.62% | 1,58,000 | 16.62% | · | 10,327.50 | · | · | · | 48 |
12 | +9 | 30 | · | 509.50 | -43.50 | 20.7% | 1,58,500 | · | -63.50 | 10,827.50 | · | · | · | · |
491 | +166 | 4.6K | · | 479.00 | +4.00 | 20.98% | 1,59,000 | 16.96% | -70.00 | 11,275.50 | · | · | · | 10 |
4 | +3 | 4 | · | 85.00 | -321.50 | 14.71% | 1,59,500 | · | -76.50 | 11,728.00 | · | · | · | · |
7.1K | +966 | 33.4K | · | 402.50 | -4.50 | 21.23% | 1,60,000 | 20.44% | +89.00 | 12,412.50 | · | 352 | +183 | 1.3K |
1 | · | · | · | 343.50 | +129.00 | 20.98% | 1,60,500 | · | -88.50 | 12,646.00 | · | · | · | · |
134 | +1 | 1.9K | · | 348.50 | +1.00 | 21.65% | 1,61,000 | · | -93.50 | 13,111.00 | · | · | · | · |
451 | +89 | 3.8K | · | 330.00 | +20.50 | 22.52% | 1,62,000 | · | -104.00 | 14,050.50 | · | · | · | 20 |
3 | · | · | · | 294.50 | · | 22.49% | 1,62,500 | · | -108.50 | 14,524.50 | · | · | · | · |
Max Pain is the strike price where the options market is putting the least weight behind a big move. Traders watch it because MCX prices often gravitate toward the Max Pain strike as expiry approaches, though it is not a guarantee.
iVIX is the implied volatility the options market is currently pricing in, derived from live MCX option premiums using the Black-76 model. AAV (Annualized Actual Volatility) is BhaavBrief's read on how much a commodity has actually moved recently — an estimate that can differ by a few points from the figure the exchange publishes. Comparing the two shows the volatility premium — whether options are pricing in more or less movement than has actually occurred recently.
PCR (Put-Call Ratio) reflects how options positioning is leaning across puts and calls for an expiry. Extreme readings are sometimes treated as a contrarian indicator near market turning points.
MCX options are options on futures contracts, not on spot. Black-76 (the Black model) prices options directly off the futures price and is the standard for commodity and futures options worldwide, whereas Black-Scholes assumes an option on a spot asset with a continuous dividend/cost-of-carry adjustment. Using Black-76 gives more accurate implied volatility and Greeks for MCX Gold, Silver, Crude Oil and other futures-based options.