Alkem Laboratories Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 4,400 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 4,500 | ₹— | —% | — | 0 | 1K |
| 250 | 0 | — | —% | ₹— | 4,600 | ₹— | —% | — | -500 | 2K |
| 0 | 0 | — | —% | ₹— | 4,650 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 4,700 | ₹— | —% | — | +2K | 3K |
| 0 | 0 | — | —% | ₹— | 4,750 | ₹— | —% | — | 0 | 0 |
| 375 | +375 | — | —% | ₹— | 4,800 | ₹— | —% | — | +125 | 1K |
| 125 | +125 | — | —% | ₹— | 4,850 | ₹— | —% | — | 0 | 0 |
| 375 | +375 | — | —% | ₹— | 4,900 | ₹— | —% | — | +1K | 28K |
| 0 | 0 | — | —% | ₹— | 4,950 | ₹— | —% | — | 0 | 0 |
| 625 | +500 | — | —% | ₹— | 5,000 | ₹— | —% | — | +750 | 32K |
| 0 | 0 | — | —% | ₹— | 5,050 | ₹— | —% | — | 0 | 500 |
| 875 | +875 | — | —% | ₹— | 5,100 | ₹— | —% | — | -250 | 12K |
| 4K | +2K | — | —% | ₹— | 5,150 | ₹— | —% | — | +2K | 9K |
| 21K | +2K | — | —% | ₹— | 5,200 | ₹— | —% | — | +17K | 43K |
| 44K | +3K | — | —% | ₹— | 5,250 | ₹— | —% | — | +750 | 23K |
| 37K | -1K | — | —% | ₹— | 5,300 | ₹— | —% | — | -3K | 31K |
| 28K | -250 | — | —% | ₹— | 5,350 | ₹— | —% | — | -1K | 21K |
| 45K | -5K | — | —% | ₹— | 5,400 | ₹— | —% | — | 0 | 20K |
| 6K | 0 | — | —% | ₹— | 5,450 | ₹— | —% | — | 0 | 750 |
| 62K | -625 | — | —% | ₹— | 5,500ATM | ₹— | —% | — | 0 | 7K |
| 0 | 0 | — | —% | ₹— | 5,550 | ₹— | —% | — | 0 | 0 |
| 17K | +625 | — | —% | ₹— | 5,600 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 5,650 | ₹— | —% | — | 0 | 250 |
| 11K | +125 | — | —% | ₹— | 5,700 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 5,750 | ₹— | —% | — | 0 | 0 |
| 17K | -125 | — | —% | ₹— | 5,800 | ₹— | —% | — | 0 | 250 |
| 125 | 0 | — | —% | ₹— | 5,850 | ₹— | —% | — | 0 | 0 |
| 18K | 0 | — | —% | ₹— | 5,900 | ₹— | —% | — | 0 | 250 |
| 375 | 0 | — | —% | ₹— | 5,950 | ₹— | —% | — | — | — |
| 40K | +875 | — | —% | ₹— | 6,000 | ₹— | —% | — | 0 | 125 |
| 5K | 0 | — | —% | ₹— | 6,050 | ₹— | —% | — | — | — |
| 250 | 0 | — | —% | ₹— | 6,100 | ₹— | —% | — | 0 | 0 |
| 125 | 0 | — | —% | ₹— | 6,200 | ₹— | —% | — | 0 | 0 |
| 500 | 0 | — | —% | ₹— | 6,300 | ₹— | —% | — | 0 | 125 |
| 2K | 0 | — | —% | ₹— | 6,400 | ₹— | —% | — | 0 | 125 |
| 2K | +500 | — | —% | ₹— | 6,500 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹— | 6,600 | ₹— | —% | — | 0 | 750 |
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) profile shows a tight concentration around the 5,200‑5,250 ₹ band, indicating that market participants view this zone as the primary price corridor for the September expiry. The highest CE OI sits at 2,800 ₹ with zero contracts, acting as a strong resistance ceiling, while the same 2,800 ₹ level on the PE side, also at zero contracts, marks a robust support floor. This symmetric OI “sandwich” frames an implied range of roughly 2,800 ₹ – 5,250 ₹ for the underlying during the remaining days to expiration.
OI Buildup Activity
During the latest trading session, fresh CE OI accumulates at 5,250 ₹ (+3,125 contracts), 5,150 ₹ (+2,000 contracts) and 5,200 ₹ (+1,875 contracts), suggesting that option writers are adding new short positions near the current spot level of 5,190 ₹. On the put side, PE OI inflates markedly at 5,200 ₹ (+16,500 contracts), followed by 5,150 ₹ (+1,750 contracts) and 4,700 ₹ (+1,500 contracts), reflecting aggressive hedge or speculation activity beneath the spot. The surge in PE OI at 5,200 ₹ points to a dense pool of writers prepared to absorb downside moves, while the concurrent CE buildup hints at balanced risk‑reversal positioning.
Volatility Read
The at‑the‑money implied volatility stands at 17.55 %, a moderate level that aligns with the underlying’s recent price stability. The volatility skew is bearish, indicating that out‑of‑the‑money puts carry relatively higher implied volatilities than comparable calls.
Key OI Levels
The most concentrated open interest resides at 2,800 ₹ for both calls (resistance) and puts (support), each with zero contracts, highlighting critical price barriers for the September contract.