Aditya Birla Capital Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 150 | ₹— | 18.2% | — | — | — |
| — | — | — | —% | ₹— | 160 | ₹— | 16.8% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 15.4% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 210 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 215 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 220 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 225 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 235 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹112.95 | 240 | ₹0.05 | —% | 6K | 0 | 34K |
| — | — | — | —% | ₹— | 245 | ₹— | 7.4% | — | — | — |
| 3K | 0 | — | —% | ₹89.85 | 250 | ₹0.05 | —% | — | 0 | 2.3 L |
| — | — | — | —% | ₹97.50 | 255 | ₹0.20 | —% | — | 0 | 43K |
| 19K | 0 | — | —% | ₹48.05 | 260 | ₹0.10 | 82.4% | 9K | -6K | 99K |
| — | — | — | —% | ₹87.90 | 265 | ₹0.35 | —% | — | 0 | 53K |
| 3K | +3K | — | —% | ₹69.95 | 270 | ₹0.10 | 73.6% | 22K | -9K | 4.0 L |
| 6K | 0 | — | —% | ₹65.30 | 275 | ₹0.10 | 69.3% | 65K | +9K | 1.3 L |
| 34K | -3K | 6K | —% | ₹63.65 | 280 | ₹0.10 | 64.4% | 1.1 L | -56K | 2.1 L |
| 65K | 0 | — | —% | ₹54.25 | 285 | ₹0.15 | 61.5% | 16K | -3K | 1.6 L |
| 1.9 L | 0 | — | —% | ₹50.50 | 290 | ₹0.20 | 58.9% | 3K | 0 | 3.8 L |
| 1.5 L | 0 | — | 72.7% | ₹48.35 | 295 | ₹0.20 | 54.8% | 19K | -9K | 2.4 L |
| 6.8 L | 0 | — | —% | ₹40.70 | 300 | ₹0.30 | 52.9% | 74K | -16K | 6.2 L |
| 3.0 L | 0 | 3K | —% | ₹38.50 | 305 | ₹0.35 | 49.1% | 1.3 L | -28K | 2.3 L |
| 5.4 L | 0 | — | 41.0% | ₹32.60 | 310 | ₹0.50 | 47.1% | 5.8 L | -84K | 7.1 L |
| 3.3 L | 0 | 6K | —% | ₹29.20 | 315 | ₹0.65 | 44.3% | 1.7 L | -74K | 3.5 L |
| 3.8 L | -9K | 12K | 28.3% | ₹23.80 | 320 | ₹1.00 | 42.2% | 6.7 L | -1.6 L | 12.2 L |
| 1.5 L | 0 | 6K | 31.5% | ₹21.00 | 325 | ₹1.60 | 41.8% | 1.4 L | +53K | 3.0 L |
| 5.7 L | -4.5 L | 8.7 L | 33.0% | ₹16.15 | 330 | ₹2.40 | 40.0% | 10.1 L | +87K | 9.1 L |
| 3.9 L | +12K | 1.7 L | 32.7% | ₹12.70 | 335 | ₹3.65 | 39.2% | 7.0 L | +68K | 6.0 L |
| 8.8 L | +59K | 12.9 L | 33.6% | ₹9.15 | 340 | ₹5.45 | 39.4% | 11.3 L | +1.1 L | 10.2 L |
| 6.2 L | +62K | 15.3 L | 34.5% | ₹6.60 | 345 | ₹7.85 | 39.9% | 9.3 L | +3.1 L | 4.7 L |
| 14.5 L | +53K | 21.5 L | 35.1% | ₹4.50 | 350 | ₹10.95 | 40.6% | 1.8 L | -34K | 2.7 L |
| 27.2 L | -3.9 L | 20.3 L | 35.8% | ₹3.10 | 355ATM | ₹14.40 | 41.8% | 53K | 0 | 74K |
| 10.6 L | -59K | 13.6 L | 35.9% | ₹1.95 | 360 | ₹18.80 | 32.3% | — | 0 | 78K |
| 3.9 L | -9K | 4.7 L | 36.3% | ₹1.20 | 365 | ₹27.85 | 67.6% | — | — | — |
| 7.3 L | +9K | 3.3 L | 36.3% | ₹0.75 | 370 | ₹26.65 | 45.3% | 50K | -22K | 93K |
| 2.9 L | +9K | 78K | 37.8% | ₹0.50 | 375 | ₹34.25 | 54.0% | — | — | — |
| 3.9 L | -9K | 1.4 L | 38.7% | ₹0.30 | 380 | ₹40.90 | 74.0% | — | 0 | 3K |
| 90K | -9K | 16K | 38.2% | ₹0.15 | 385 | ₹41.00 | 59.9% | 16K | 0 | 16K |
| 3.1 L | 0 | 74K | 39.3% | ₹0.10 | 390 | ₹45.50 | 64.3% | 37K | -19K | 25K |
| — | — | — | 3.2% | ₹— | 395 | ₹— | —% | — | — | — |
| 2.1 L | -1.0 L | 1.3 L | 46.5% | ₹0.10 | 400 | ₹55.70 | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 405 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹8.65 | 410 | ₹63.50 | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 415 | ₹— | —% | — | — | — |
| — | — | — | 146.6% | ₹6.95 | 420 | ₹71.65 | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 425 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 430 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 435 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 440 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 450 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 460 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 470 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 480 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 490 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Major resistance sits at ₹350, anchored by peak call OI, while strong support converges at ₹340–₹345, reinforced by high put OI at both ₹345 and ₹340. The put wall at ₹345 suggests aggressive defensive positioning near current spot. Combined, these strikes define the immediate range between ₹340 and ₹350.
OI Buildup Activity
Fresh long calls emerged at ₹340, ₹345, and ₹350, signaling aggressive bullish bets climbing into resistance. In contrast, put writers are stacking heavily at ₹345 (+3.07 lakh OI), indicating strong conviction in downside protection near spot. Additional long put positioning at ₹340 and ₹330 hints at hedging below current levels, possibly against a breakdown.
Volatility Read
ATM IV at 34.6% sits elevated, suggesting premium-rich options and anticipation of movement. Bearish skew—driven by outsized put buying—reflects greater fear of downside versus upside breakout.
Strategy Implication
Bias favors range-bound trading with edge to the downside, supported by writer concentration and bearish sentiment at key strikes.