Adani Green Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 500 | ₹— | 18.5% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 17.6% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 16.8% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 16.0% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 14.4% | — | — | — |
| — | — | — | —% | ₹— | 610 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹191.70 | 640 | ₹22.80 | —% | — | — | — |
| — | — | — | —% | ₹— | 650 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹177.20 | 660 | ₹28.00 | —% | — | — | — |
| — | — | — | —% | ₹— | 670 | ₹— | 12.0% | — | — | — |
| — | — | — | —% | ₹163.35 | 680 | ₹33.85 | —% | — | — | — |
| — | — | — | —% | ₹— | 690 | ₹— | 11.4% | — | — | — |
| 1K | 0 | — | —% | ₹152.40 | 700 | ₹0.10 | —% | 4K | -2K | 1.2 L |
| — | — | — | —% | ₹286.90 | 710 | ₹7.45 | —% | — | — | — |
| — | — | — | —% | ₹137.80 | 720 | ₹0.20 | —% | 600 | 0 | 26K |
| — | — | — | —% | ₹269.35 | 730 | ₹1.20 | —% | — | 0 | 1K |
| 600 | 0 | — | —% | ₹280.70 | 740 | ₹0.25 | —% | 11K | -8K | 38K |
| — | — | — | —% | ₹252.25 | 750 | ₹0.25 | —% | 1K | 0 | 12K |
| 2K | 0 | — | —% | ₹363.70 | 760 | ₹0.60 | —% | — | 0 | 22K |
| — | — | — | —% | ₹235.70 | 770 | ₹0.80 | —% | — | 0 | 19K |
| 20K | 0 | — | —% | ₹274.45 | 780 | ₹0.50 | —% | — | 0 | 55K |
| — | — | — | —% | ₹219.65 | 790 | ₹0.50 | —% | — | 0 | 22K |
| 63K | 0 | — | —% | ₹317.60 | 800 | ₹0.40 | —% | 31K | -8K | 1.2 L |
| 52K | 0 | — | —% | ₹268.25 | 810 | ₹1.10 | —% | — | 0 | 53K |
| 79K | 0 | — | —% | ₹297.75 | 820 | ₹0.85 | —% | — | 0 | 88K |
| 1.2 L | 0 | 600 | —% | ₹333.00 | 830 | ₹0.55 | —% | 4K | 0 | 82K |
| 1.4 L | +2K | 3K | —% | ₹321.25 | 840 | ₹0.65 | —% | 3K | 0 | 1.3 L |
| 98K | -4K | 4K | —% | ₹311.30 | 850 | ₹0.40 | —% | 7K | -4K | 85K |
| 1.3 L | 0 | — | —% | ₹263.10 | 860 | ₹0.85 | —% | — | 0 | 67K |
| 1.3 L | 0 | — | —% | ₹251.35 | 870 | ₹2.40 | —% | — | 0 | 86K |
| 1.3 L | 0 | — | —% | ₹310.80 | 880 | ₹0.80 | 89.6% | — | 0 | 1.6 L |
| 95K | 0 | — | —% | ₹235.20 | 890 | ₹0.85 | —% | — | 0 | 47K |
| 3.5 L | -8K | 14K | 76.3% | ₹250.00 | 900 | ₹0.95 | 85.1% | 33K | -19K | 3.2 L |
| 45K | 0 | 2K | —% | ₹262.70 | 910 | ₹1.35 | 88.8% | — | 0 | 1.3 L |
| 2.7 L | -1K | 5K | —% | ₹236.10 | 920 | ₹1.00 | 80.9% | 8K | -2K | 1.3 L |
| 52K | 0 | 7K | —% | ₹220.00 | 930 | ₹1.55 | 84.0% | — | 0 | 53K |
| 77K | 0 | 600 | —% | ₹215.00 | 940 | ₹1.35 | 78.9% | 12K | -6K | 46K |
| 1.7 L | -1K | 2K | —% | ₹202.30 | 950 | ₹1.50 | 75.6% | 13K | -5K | 93K |
| 1.3 L | 0 | 2K | —% | ₹190.00 | 960 | ₹1.60 | 73.1% | 10K | -5K | 96K |
| 49K | 0 | — | 179.9% | ₹225.00 | 970 | ₹2.25 | 75.6% | — | 0 | 50K |
| 52K | 0 | — | —% | ₹173.05 | 980 | ₹2.00 | 68.7% | 16K | +600 | 88K |
| 1.2 L | 0 | — | —% | ₹164.00 | 990 | ₹2.55 | 67.5% | 11K | -5K | 1.0 L |
| 2.2 L | -18K | 35K | 56.2% | ₹154.00 | 1,000 | ₹2.85 | 66.5% | 1.1 L | -13K | 4.9 L |
| 51K | 0 | — | —% | ₹126.75 | 1,010 | ₹3.10 | 63.9% | 19K | -600 | 85K |
| 2.2 L | -1K | 7K | 44.9% | ₹131.80 | 1,020 | ₹3.90 | 63.0% | 24K | -10K | 2.5 L |
| 1.1 L | -600 | 14K | 57.2% | ₹126.00 | 1,030 | ₹4.25 | 60.8% | 12K | -5K | 1.9 L |
| 2.5 L | -2K | 6K | 50.9% | ₹115.10 | 1,040 | ₹5.40 | 59.9% | 19K | -8K | 3.1 L |
| 2.3 L | -2K | 9K | 50.3% | ₹104.00 | 1,050 | ₹5.80 | 58.6% | 73K | -6K | 2.7 L |
| 2.5 L | -600 | 5K | 50.2% | ₹95.00 | 1,060 | ₹7.40 | 57.7% | 1.1 L | -1K | 1.8 L |
| 1.3 L | 0 | 1K | 49.6% | ₹92.00 | 1,070 | ₹8.55 | 56.4% | 92K | -9K | 1.6 L |
| 1.6 L | -600 | 8K | 48.2% | ₹83.65 | 1,080 | ₹9.70 | 55.3% | 89K | -2K | 1.8 L |
| 1.5 L | +600 | 2K | 50.2% | ₹72.25 | 1,090 | ₹11.55 | 54.5% | 67K | +10K | 1.0 L |
| 4.4 L | +11K | 4.3 L | 48.1% | ₹64.60 | 1,100 | ₹14.45 | 54.1% | 4.0 L | -3K | 5.0 L |
| 1.2 L | -4K | 30K | 48.9% | ₹56.05 | 1,110 | ₹16.20 | 53.5% | 1.5 L | +17K | 1.9 L |
| 3.3 L | -600 | 100K | 49.5% | ₹50.55 | 1,120 | ₹19.85 | 53.0% | 2.5 L | +21K | 3.1 L |
| 2.3 L | +11K | 91K | 48.6% | ₹43.35 | 1,130 | ₹23.15 | 52.3% | 2.5 L | +12K | 1.8 L |
| 1.8 L | +5K | 2.9 L | 48.7% | ₹39.80 | 1,140 | ₹28.30 | 52.0% | 3.3 L | +10K | 1.6 L |
| 2.3 L | +44K | 6.2 L | 49.3% | ₹32.60 | 1,150 | ₹33.50 | 52.4% | 5.9 L | -27K | 1.5 L |
| 3.6 L | +40K | 10.0 L | 49.4% | ₹27.80 | 1,160 | ₹37.25 | 51.6% | 4.8 L | +6K | 96K |
| 3.4 L | +63K | 11.1 L | 49.4% | ₹23.75 | 1,170 | ₹43.00 | 52.5% | 4.8 L | -15K | 78K |
| 3.1 L | +49K | 12.5 L | 49.9% | ₹20.40 | 1,180 | ₹50.25 | 52.3% | 2.4 L | +12K | 97K |
| 1.6 L | +5K | 5.6 L | 50.3% | ₹17.40 | 1,190 | ₹58.20 | 52.9% | 48K | 0 | 77K |
| 10.5 L | +26K | 23.4 L | 50.5% | ₹14.65 | 1,200ATM | ₹65.50 | 54.7% | 55K | -13K | 1.1 L |
| 2.4 L | +4K | 3.4 L | 50.9% | ₹12.45 | 1,210 | ₹186.35 | 234.3% | — | — | — |
| 2.0 L | -4K | 6.6 L | 51.4% | ₹11.00 | 1,220 | ₹77.15 | 56.8% | 10K | +8K | 14K |
| 49K | +49K | 92K | 52.1% | ₹8.80 | 1,230 | ₹204.20 | 242.3% | — | — | — |
| 3.4 L | +12K | 7.6 L | 52.3% | ₹7.35 | 1,240 | ₹93.85 | 58.1% | 2K | 0 | 17K |
| 38K | +31K | 1.6 L | 52.8% | ₹6.10 | 1,250 | ₹222.50 | 250.4% | — | — | — |
| 26K | +19K | 1.2 L | 53.2% | ₹5.45 | 1,260 | ₹335.15 | 411.7% | — | — | — |
| 3K | +3K | 7K | 53.8% | ₹4.50 | 1,270 | ₹241.10 | 258.6% | — | — | — |
| 16K | +16K | 81K | 54.9% | ₹3.90 | 1,280 | ₹354.85 | 421.2% | — | — | — |
| 6K | +6K | 14K | 55.3% | ₹3.60 | 1,290 | ₹259.95 | 266.7% | — | — | — |
| 1.4 L | +29K | 2.1 L | 56.2% | ₹2.80 | 1,300 | ₹269.45 | 270.7% | — | — | — |
| 12K | +12K | 29K | 56.9% | ₹2.35 | 1,310 | ₹264.70 | 252.8% | — | — | — |
| 22K | +22K | 38K | 57.4% | ₹2.00 | 1,320 | ₹288.65 | 278.8% | — | — | — |
| — | — | — | 65.3% | ₹3.35 | 1,330 | ₹244.65 | 198.9% | — | — | — |
| — | — | — | 60.7% | ₹1.95 | 1,340 | ₹308.00 | 286.8% | — | — | — |
| — | — | — | 66.5% | ₹2.55 | 1,350 | ₹263.75 | 205.8% | — | — | — |
| — | — | — | 3.6% | ₹— | 1,360 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,370 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,380 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 1,390 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,400 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 1,410 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 1,420 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 1,440 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,460 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 1,480 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,500 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,520 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance clusters at 1200, home to the highest call OI (10,42,200), acting as a strong overhead barrier. Immediate support forms at 1100, where peak put OI (5,02,200) signals strong demand. The implied range narrows between 1100–1200, with spot at ₹1150.75 caught in a consolidation choke point.
OI Buildup Activity
Fresh long calls emerge at 1170 (+61,200), 1230 (+49,200), and 1180 (+48,600), showing aggressive call writing beyond current resistance. These strikes reflect writer conviction in rejection at higher levels, with 1230 positioning suggesting capped upside momentum. On the put side, new longs pile into 1120 (+21,000), 1110 (+16,800), and 1130 (+12,000), indicating aggressive downside protection ahead of potential correction.
Volatility Read
ATM IV holds at 49.44%, elevated but stable, suggesting sustained premium demand. The bearish skew confirms preference for downside hedging, with puts richer than calls across tenor.
Strategy Implication
Bias favors range-bound trading with edge on the short call and long put side, capitalizing on resistance tests and volatility retention.