Adani Energy Solutions Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | +1K | 50K |
| 3K | 0 | — | —% | ₹— | 1,200 | ₹— | —% | — | -3K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 30K |
| 0 | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | -5K | 73K |
| 7K | 0 | — | —% | ₹— | 1,260 | ₹— | —% | — | +1K | 1.2 L |
| 0 | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 34K |
| 1.2 L | +2K | — | —% | ₹— | 1,300 | ₹— | —% | — | -36K | 1.4 L |
| 675 | 0 | — | —% | ₹— | 1,320 | ₹— | —% | — | -28K | 1.3 L |
| 67K | 0 | — | —% | ₹— | 1,340 | ₹— | —% | — | +6K | 1.5 L |
| 1.3 L | +16K | — | —% | ₹— | 1,360 | ₹— | —% | — | -14K | 2.2 L |
| 2.0 L | -54K | — | —% | ₹— | 1,380 | ₹— | —% | — | -59K | 1.8 L |
| 10.7 L | +2.4 L | — | —% | ₹— | 1,400 | ₹— | —% | — | +1.6 L | 5.1 L |
| 2.8 L | -33K | — | —% | ₹— | 1,420 | ₹— | —% | — | +32K | 1.4 L |
| 4.2 L | -27K | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 1.3 L |
| 4.4 L | +11K | — | —% | ₹— | 1,460 | ₹— | —% | — | -1.6 L | 2.1 L |
| 3.2 L | +15K | — | —% | ₹— | 1,480 | ₹— | —% | — | 0 | 65K |
| 11.8 L | -12K | — | —% | ₹— | 1,500 | ₹— | —% | — | -6K | 3.1 L |
| 2.0 L | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 1.0 L |
| 3.2 L | +2K | — | —% | ₹— | 1,540 | ₹— | —% | — | -675 | 2.2 L |
| 4.7 L | -59K | — | —% | ₹— | 1,560 | ₹— | —% | — | 0 | 2.3 L |
| 3.2 L | -29K | — | —% | ₹— | 1,580 | ₹— | —% | — | 0 | 1.1 L |
| 19.1 L | -72K | — | —% | ₹— | 1,600ATM | ₹— | —% | — | -61K | 5.2 L |
| 2.7 L | +3K | — | —% | ₹— | 1,620 | ₹— | —% | — | 0 | 92K |
| 3.0 L | -3K | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 54K |
| 93K | +7K | — | —% | ₹— | 1,660 | ₹— | —% | — | 0 | 675 |
| 84K | +675 | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 3K |
| 10.9 L | -63K | — | —% | ₹— | 1,700 | ₹— | —% | — | 0 | 62K |
| 0 | 0 | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 0 |
| 34K | +9K | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 675 |
| 0 | 0 | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 0 |
| 2.8 L | -675 | — | —% | ₹— | 1,800 | ₹— | —% | — | 0 | 0 |
| 30K | 0 | — | —% | ₹— | 1,820 | ₹— | —% | — | — | — |
| 34K | -675 | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 2K |
| 17K | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | — | — |
| 26K | 0 | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 3K |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
The open‑interest (OI) concentration clusters around the 1400‑strike for both calls and puts, indicating that market participants view this level as the pivot point for price action. The 1400 CE and 1400 PE each hold 1,000 contracts, forming a tight resistance‑support band. Together with the adjacent strikes of 1360, 1380, 1420 and 1480, the implied price range spans roughly ₹1,360 to ₹1,480, aligning with the current spot of ₹1,409.6.
OI Buildup Activity
During the latest trading session, fresh OI adds materialize at the 1400 CE (+2 contracts, ₹40,300) and 1400 PE (+1 contract, ₹55,925), suggesting new positioning at the central strike. Additional call buildup appears at 1360 (+16 contracts, ₹200) and 1480 (+15 contracts, ₹525), while put accumulation is evident at 1380 (+62 contracts, ₹775) and 1420 (+32 contracts, ₹400). These inflows reflect a balanced mix of long and short writers reinforcing the existing OI landscape.
Volatility Read
The at‑the‑money implied volatility stands at 29.6 %, indicating moderate price dispersion expectations for the September expiry. The volatility skew is bearish, with out‑of‑the‑money calls priced relatively cheaper than puts, hinting at a market bias toward downside moves.
Key OI Levels
The highest open‑interest concentrations sit at the 1400 strike for both calls (1,000 contracts) and puts (1,000 contracts).