Question 1

What is the GAIL option chain?

Accepted Answer

The GAIL option chain shows all available call and put contracts on NSE, organized by strike price and expiry date. It displays the LTP (last traded price), implied volatility (IV), and open interest (OI) for each strike — giving traders a complete view of the market's expectations for GAIL India.

Question 2

How do I read the GAIL option chain on StrikeVue?

Accepted Answer

Calls are on the left, puts on the right, and the current spot price is highlighted in the middle. Strikes near the money (ATM) typically show the highest open interest and volume. IV above the row average indicates elevated premium for that strike. StrikeVue updates the GAIL option chain every 5 minutes during India market hours.

Question 3

What is the current IV Rank for GAIL?

Accepted Answer

GAIL's current IV Rank is 0 out of 100. This low reading suggests options premiums are cheap — premium-buying strategies like Straddles and Strangles offer good value.

Question 4

How many expiries are available in the GAIL option chain?

Accepted Answer

StrikeVue currently tracks 3 expiries for GAIL on NSE. You can switch between expiries using the tabs at the top of the option chain to compare IV and open interest across different time horizons.

Calls			Strike	Puts
IV	OI	LTP	Strike	LTP	OI	IV
127.0%	3K	₹37	₹130	₹0	1.3L	54.7%
106.5%	3K	₹32	₹135	₹0	32K	54.7%
63.9%	0	₹21	₹138	₹0	0	57.5%
58.3%	91K	₹19	₹140	₹0	5.8L	46.9%
56.8%	0	₹0	₹142	₹3	6K	85.9%
55.2%	0	₹0	₹144	₹2	3K	76.2%
46.8%	13K	₹14	₹145	₹0	3.8L	41.0%
52.6%	9K	₹14	₹146	₹1	69K	52.7%
48.3%	0	₹0	₹148	₹1	44K	44.9%
46.1%	0	₹0	₹149	₹0	0	40.1%
43.0%	1.9L	₹15	₹150	₹1	11.1L	39.1%
66.4%	3K	₹16	₹151	₹1	1.1L	40.0%
42.6%	6K	₹8	₹152	₹1	28K	43.0%
42.1%	0	₹0	₹153	₹1	2.6L	37.1%
41.3%	0	₹0	₹154	₹1	2.1L	36.1%
32.2%	3.2L	₹10	₹155	₹1	10.3L	35.2%
42.0%	41K	₹10	₹156	₹1	1.8L	35.2%
33.2%	25K	₹8	₹157	₹2	1.0L	35.2%
33.2%	95K	₹8	₹158	₹2	2.0L	35.2%
58.6%	3K	₹10	₹159	₹2	1.3L	34.2%
33.2%	10.4L	₹6	₹160	₹2	23.7L	34.2%
32.7%	13.2L	₹6	₹161	₹3	22.2L	34.2%
33.2%	3.8L	₹5	₹162	₹3	9.4L	33.2%
34.2%	3.4L	₹5	₹163	₹4	3.5L	34.2%
34.2%	3.9L	₹4	₹164	₹4	2.7L	34.2%
34.2%	25.5L	₹4	₹165	₹5	22.8L	33.2%
32.7%	8.2L	₹3	₹166	₹5	7.5L	34.2%
33.2%	8.7L	₹3	₹167	₹6	4.1L	34.2%
34.2%	9.2L	₹3	₹168	₹7	2.4L	35.2%
33.2%	2.1L	₹2	₹169	₹0	0	35.6%
34.7%	39.9L	₹2	₹170	₹8	12.0L	35.2%
35.2%	2.6L	₹2	₹171	₹0	0	32.3%
34.2%	2.3L	₹1	₹172	₹0	0	32.1%
35.2%	4.5L	₹1	₹173	₹10	3K	29.3%
35.2%	4.6L	₹1	₹174	₹11	28K	37.1%
37.1%	46.3L	₹1	₹175	₹12	1.9L	37.1%
36.1%	15.6L	₹1	₹176	₹18	47K	82.0%
37.1%	79K	₹1	₹177	₹0	0	31.0%
37.1%	2.0L	₹1	₹178	₹0	0	30.1%
33.2%	6K	₹0	₹179	₹0	0	35.2%
37.1%	35.8L	₹1	₹180	₹17	8.0L	39.1%
37.1%	6.1L	₹0	₹182	₹15	6K	0.0%
39.1%	69K	₹0	₹184	₹0	0	0.0%
39.1%	7.3L	₹0	₹186	₹22	88K	44.9%
31.3%	5.4L	₹0	₹188	₹27	76K	84.0%
40.3%	0	₹0	₹190	₹0	0	0.0%

GAIL Option Chain · 2026-05-26