Alkem Laboratories Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
3.6 L
Total PE OI
2.2 L
PCR
0.62
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 2,800 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 2,900 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 3,000 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 3,100 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 3,200 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 3,300 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 3,400 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 3,500 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 3,550 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 3,600 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 3,650 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 3,700 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 3,750 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 3,800 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 3,850 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 3,900 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 3,950 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 4,000 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 4,050 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 4,100 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹— | 4,150 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 4,200 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 4,250 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹1521.55 | 4,300 | ₹5.80 | —% | — | 0 | 125 |
| — | — | — | —% | ₹— | 4,350 | ₹— | 5.8% | — | — | — |
| — | — | — | —% | ₹1424.30 | 4,400 | ₹5.80 | 88.7% | — | 0 | 125 |
| — | — | — | —% | ₹— | 4,450 | ₹— | 5.3% | — | — | — |
| 250 | +250 | — | —% | ₹850.00 | 4,500 | ₹4.80 | 79.4% | — | — | — |
| — | — | — | —% | ₹— | 4,550 | ₹— | 4.8% | — | — | — |
| — | — | — | —% | ₹1232.05 | 4,600 | ₹3.00 | 67.7% | — | 0 | 875 |
| — | — | — | —% | ₹913.35 | 4,650 | ₹3.00 | 64.6% | — | 0 | 2K |
| — | — | — | 180.9% | ₹1137.75 | 4,700 | ₹3.00 | 61.6% | — | 0 | 2K |
| 125 | 0 | — | —% | ₹832.85 | 4,750 | ₹8.00 | 68.9% | — | 0 | 1K |
| 250 | 0 | — | 71.5% | ₹864.40 | 4,800 | ₹4.00 | 58.0% | — | 0 | 5K |
| — | — | — | —% | ₹734.45 | 4,850 | ₹11.60 | 66.8% | — | 0 | 625 |
| — | — | — | 163.1% | ₹954.65 | 4,900 | ₹3.85 | 51.4% | — | 0 | 875 |
| — | — | — | —% | ₹650.25 | 4,950 | ₹40.85 | 82.5% | — | 0 | 2K |
| 1K | 0 | — | —% | ₹475.00 | 5,000 | ₹5.50 | 48.1% | — | 0 | 9K |
| — | — | — | —% | ₹570.40 | 5,050 | ₹50.15 | 78.7% | — | 0 | 2K |
| 3K | 0 | — | —% | ₹350.35 | 5,100 | ₹5.90 | 44.5% | 125 | 0 | 9K |
| 1K | 0 | — | —% | ₹289.55 | 5,150 | ₹9.15 | 42.7% | — | 0 | 5K |
| 16K | 0 | — | —% | ₹435.45 | 5,200 | ₹7.15 | 40.4% | 7K | -1K | 24K |
| 15K | 0 | — | —% | ₹231.30 | 5,250 | ₹8.15 | 38.1% | 2K | -375 | 16K |
| 11K | 0 | — | —% | ₹282.00 | 5,300 | ₹10.40 | 35.8% | 4K | -1K | 14K |
| 7K | 0 | — | —% | ₹255.00 | 5,350 | ₹12.75 | 34.1% | 9K | +1K | 6K |
| 26K | 0 | 125 | —% | ₹278.50 | 5,400 | ₹16.25 | 32.9% | 11K | +5K | 26K |
| 4K | 0 | — | 34.6% | ₹240.00 | 5,450 | ₹33.80 | 33.4% | — | 0 | 7K |
| 11K | -125 | 1K | 21.1% | ₹215.00 | 5,500 | ₹27.35 | 30.5% | 21K | -6K | 16K |
| 7K | 0 | 125 | 23.4% | ₹158.00 | 5,550 | ₹38.30 | 29.3% | 3K | +1K | 11K |
| 46K | -32K | 1.0 L | 23.7% | ₹124.90 | 5,600ATM | ₹59.00 | 29.6% | 13K | +750 | 24K |
| 17K | +2K | 40K | 23.7% | ₹94.90 | 5,650 | ₹72.45 | 28.9% | 9K | +1K | 15K |
| 39K | +2K | 1.1 L | 23.7% | ₹68.65 | 5,700 | ₹101.85 | 29.3% | 28K | +16K | 16K |
| 12K | +3K | 7K | 24.1% | ₹54.10 | 5,750 | ₹122.70 | 29.1% | 2K | +500 | 625 |
| 22K | -4K | 58K | 24.4% | ₹34.80 | 5,800 | ₹263.50 | 55.4% | — | 0 | 750 |
| 13K | -875 | 2K | 24.6% | ₹26.95 | 5,850 | ₹223.80 | 29.1% | — | 0 | 1K |
| 68K | -250 | 21K | 25.1% | ₹15.50 | 5,900 | ₹255.10 | 23.3% | — | 0 | 250 |
| 6K | +4K | 5K | 26.1% | ₹13.25 | 5,950 | ₹497.10 | 99.2% | — | — | — |
| 15K | +1K | 10K | 26.4% | ₹7.20 | 6,000 | ₹307.60 | —% | — | 0 | 125 |
| 8K | -1K | 2K | 27.3% | ₹4.80 | 6,050 | ₹448.65 | 56.4% | — | 0 | 125 |
| 5K | 0 | — | 31.4% | ₹5.00 | 6,100 | ₹445.95 | 22.0% | — | 0 | 375 |
| — | — | — | 70.9% | ₹68.55 | 6,150 | ₹523.90 | 52.0% | — | 0 | 125 |
| 1K | +500 | 4K | 29.7% | ₹2.10 | 6,200 | ₹551.95 | 38.8% | — | 0 | 125 |
| — | — | — | 71.6% | ₹53.10 | 6,250 | ₹736.15 | 107.2% | — | — | — |
| 250 | 0 | — | 33.7% | ₹1.25 | 6,300 | ₹673.30 | 61.8% | — | 0 | 875 |
| — | — | — | 2.6% | ₹— | 6,350 | ₹— | —% | — | — | — |
| 3K | -2K | 7K | 36.5% | ₹1.40 | 6,400 | ₹813.45 | 89.6% | — | 0 | 250 |
| — | — | — | 2.9% | ₹— | 6,450 | ₹— | —% | — | — | — |
| — | — | — | 105.0% | ₹87.15 | 6,500 | ₹1020.00 | 140.3% | — | 0 | 125 |
| — | — | — | 3.2% | ₹— | 6,550 | ₹— | —% | — | — | — |
| — | — | — | 55.9% | ₹5.00 | 6,600 | ₹815.50 | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 6,650 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 6,700 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 6,750 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 6,800 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 6,850 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 6,900 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 6,950 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 7,000 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 7,050 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 7,100 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 7,150 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 7,200 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 7,250 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 7,300 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 7,400 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 7,500 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 7,600 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 7,700 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 7,800 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 7,900 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 8,000 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Strong put concentration at 2800 forms a major support zone, though current spot at ₹5679 renders it distant. Immediate resistance looms near 5950, where call OI surged, followed by 5750 as secondary resistance. The implied range settles between 5400 and 5950, with 5700 acting as a pivotal pivot.
OI Buildup Activity
Fresh longs emerged in 5950, 5750, and 5650 calls, signaling aggressive call writing near-term as writers test 5950 as a ceiling. Put writers added significant exposure at 5700 (+14,750 OI), suggesting near-term floor defense around current levels. Smaller OI increases at 5400 and 5350 reveal longer-term downside protection, reinforcing 5400 as a secondary support.
Volatility Read
ATM IV at 23.51% reflects moderate volatility pricing, with no overheating observed. Bearish skew confirms put demand dominance, indicating preference for downside hedging over call chasing.
Strategy Implication
Bias favors short premium above 5750 with defined-risk structures leveraging 5700–5950 resistance.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Alkem Laboratories Limited today?▾
The strike with highest call (CE) open interest for Alkem Laboratories Limited is ₹5,900 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Alkem Laboratories Limited today?▾
The strike with highest put (PE) open interest for Alkem Laboratories Limited is ₹5,400 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Alkem Laboratories Limited options mean?▾
Open Interest (OI) buildup in Alkem Laboratories Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Alkem Laboratories Limited options expire?▾
Alkem Laboratories Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Alkem Laboratories Limited option chain?▾
The Alkem Laboratories Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.