Adani Power Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 150 | ₹— | —% | — | +36K | 7.6 L |
| 0 | 0 | — | —% | ₹— | 152.5 | ₹— | —% | — | 0 | 18K |
| 0 | 0 | — | —% | ₹— | 155 | ₹— | —% | — | -75K | 1.4 L |
| 0 | 0 | — | —% | ₹— | 157.5 | ₹— | —% | — | +28K | 57K |
| 4K | 0 | — | —% | ₹— | 160 | ₹— | —% | — | +1.6 L | 18.2 L |
| 0 | 0 | — | —% | ₹— | 162.5 | ₹— | —% | — | +36K | 39K |
| 0 | 0 | — | —% | ₹— | 165 | ₹— | —% | — | +82K | 2.8 L |
| 0 | 0 | — | —% | ₹— | 167.5 | ₹— | —% | — | 0 | 1.0 L |
| 36K | 0 | — | —% | ₹— | 170 | ₹— | —% | — | +4K | 11.6 L |
| 0 | 0 | — | —% | ₹— | 172.5 | ₹— | —% | — | +4K | 28K |
| 2.8 L | +18K | — | —% | ₹— | 175 | ₹— | —% | — | +4.7 L | 14.3 L |
| 3.2 L | 0 | — | —% | ₹— | 177.5 | ₹— | —% | — | +75K | 6.4 L |
| 16.5 L | +1.3 L | — | —% | ₹— | 180 | ₹— | —% | — | +3.1 L | 27.3 L |
| 4.2 L | +1.8 L | — | —% | ₹— | 182.5 | ₹— | —% | — | +1.7 L | 10.9 L |
| 22.4 L | +7.5 L | — | —% | ₹— | 185 | ₹— | —% | — | +4.7 L | 22.8 L |
| 7.8 L | +3.8 L | — | —% | ₹— | 187.5 | ₹— | —% | — | +85K | 7.4 L |
| 71.5 L | +9.5 L | — | —% | ₹— | 190ATM | ₹— | —% | — | +92K | 47.4 L |
| 3.9 L | +2.0 L | — | —% | ₹— | 192.5 | ₹— | —% | — | +25K | 2.1 L |
| 21.7 L | +2.0 L | — | —% | ₹— | 195 | ₹— | —% | — | +7K | 20.1 L |
| 2.9 L | +2.3 L | — | —% | ₹— | 197.5 | ₹— | —% | — | 0 | 32K |
| 77.2 L | +18.7 L | — | —% | ₹— | 200 | ₹— | —% | — | -4K | 20.1 L |
| 2.4 L | +85K | — | —% | ₹— | 202.5 | ₹— | —% | — | 0 | 7K |
| 8.1 L | +1.3 L | — | —% | ₹— | 205 | ₹— | —% | — | +4K | 92K |
| 2.2 L | +36K | — | —% | ₹— | 207.5 | ₹— | —% | — | 0 | 0 |
| 22.2 L | +2.9 L | — | —% | ₹— | 210 | ₹— | —% | — | +7K | 7.7 L |
| 2.3 L | +64K | — | —% | ₹— | 212.5 | ₹— | —% | — | 0 | 0 |
| 7.8 L | -64K | — | —% | ₹— | 215 | ₹— | —% | — | 0 | 3.2 L |
| 2.0 L | +28K | — | —% | ₹— | 217.5 | ₹— | —% | — | 0 | 0 |
| 28.2 L | +67K | — | —% | ₹— | 220 | ₹— | —% | — | 0 | 8.5 L |
| 5.6 L | 0 | — | —% | ₹— | 222.5 | ₹— | —% | — | 0 | 11K |
| 7.4 L | +7K | — | —% | ₹— | 225 | ₹— | —% | — | 0 | 2.2 L |
| 8.9 L | +57K | — | —% | ₹— | 230 | ₹— | —% | — | 0 | 2.4 L |
| 14K | -4K | — | —% | ₹— | 235 | ₹— | —% | — | 0 | 14K |
| 9.9 L | +1.6 L | — | —% | ₹— | 240 | ₹— | —% | — | -7K | 5.3 L |
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 call side shows a pronounced open interest stack at the 200 strike with 200 contracts added, followed by 190 and 185 strikes accumulating 9 and 7 contracts respectively. On the put side, the 185 strike leads with 4 contracts added, while 175 and 180 strikes gather 4 and 3 contracts respectively. This distribution suggests an implied price corridor roughly between 180 and 200 for the November expiry.
OI Buildup Activity
Fresh open interest appears at the 200 call, gaining 18 contracts and bringing total OI to 100, indicating that writers are hedging near the upper resistance zone. The 190 call adds 9 contracts and the 185 call adds 7 contracts, reflecting incremental positioning as the underlying trades around the mid‑range. Put side additions of 4 contracts at 185, 4 at 175 and 3 at 180 show defensive builds around the identified support levels.
Volatility Read
The at‑the‑money implied volatility stands at 34.46%, marking a modestly elevated premium environment. The volatility skew is bearish, with puts priced higher than calls, hinting at greater downside protection demand.
Key OI Levels
The highest open interest concentration resides at the 200 strike for calls and the 185 strike for puts, each with 100 contracts, reflecting tight positioning and a bifurcation of market sentiment at these levels today traders calibrate amid price dynamics.