Ambuja Cements Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 280 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 290 | ₹— | —% | — | +28K | 28K |
| 0 | 0 | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 0 |
| 12K | +12K | — | —% | ₹— | 300 | ₹— | —% | — | +79K | 79K |
| 0 | 0 | — | —% | ₹— | 305 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 310 | ₹— | —% | — | +8K | 8K |
| 0 | 0 | — | —% | ₹— | 315 | ₹— | —% | — | +44K | 44K |
| 0 | 0 | — | —% | ₹— | 320 | ₹— | —% | — | +90K | 94K |
| 0 | 0 | — | —% | ₹— | 325 | ₹— | —% | — | +53K | 53K |
| 36K | +35K | — | —% | ₹— | 330 | ₹— | —% | — | +1.0 L | 1.0 L |
| 34K | +31K | — | —% | ₹— | 335 | ₹— | —% | — | +5K | 5K |
| 30K | +30K | — | —% | ₹— | 340 | ₹— | —% | — | +1.1 L | 1.1 L |
| 42K | +42K | — | —% | ₹— | 345 | ₹— | —% | — | 0 | 0 |
| 3.1 L | +3.1 L | — | —% | ₹— | 350 | ₹— | —% | — | +2.2 L | 2.3 L |
| 2.0 L | +2.0 L | — | —% | ₹— | 355 | ₹— | —% | — | +95K | 95K |
| 6.9 L | +6.9 L | — | —% | ₹— | 360 | ₹— | —% | — | +1.5 L | 1.6 L |
| 1.8 L | +1.8 L | — | —% | ₹— | 365 | ₹— | —% | — | +1.3 L | 1.3 L |
| 5.1 L | +5.1 L | — | —% | ₹— | 370 | ₹— | —% | — | +2.2 L | 2.2 L |
| 1.4 L | +82K | — | —% | ₹— | 375 | ₹— | —% | — | +50K | 55K |
| 5.9 L | +4.6 L | — | —% | ₹— | 380 | ₹— | —% | — | +58K | 70K |
| 64K | +42K | — | —% | ₹— | 385 | ₹— | —% | — | 0 | 6K |
| 1.1 L | +89K | — | —% | ₹— | 390 | ₹— | —% | — | 0 | 5K |
| 1.1 L | +84K | — | —% | ₹— | 395 | ₹— | —% | — | +6K | 6K |
| 2.8 L | +2.7 L | — | —% | ₹— | 400 | ₹— | —% | — | +32K | 35K |
| 61K | +61K | — | —% | ₹— | 405 | ₹— | —% | — | 0 | 0 |
| 61K | +53K | — | —% | ₹— | 410 | ₹— | —% | — | +16K | 22K |
| 40K | +40K | — | —% | ₹— | 415 | ₹— | —% | — | 0 | 0 |
| 1.3 L | +34K | — | —% | ₹— | 420 | ₹— | —% | — | +16K | 1.1 L |
| 7.5 L | +62K | — | —% | ₹— | 430ATM | ₹— | —% | — | +53K | 7.7 L |
| 22K | -1K | — | —% | ₹— | 480 | ₹— | —% | — | — | — |
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 open interest peaks at the 360 strike with 160 contracts, while put open interest mirrors this level at the 160 strike, establishing a tight resistance‑support band during the current trading session, indicating strong trader conviction. The concentration suggests the market anticipates the underlying to trade between ₹350 and ₹380 through expiry, based on recent demand‑supply dynamics and institutional positioning. The ATM zone, anchored around ₹351.2, sits just below the lower bound of the call‑heavy region, indicating limited upside bias; this placement reflects cautious sentiment amid upcoming earnings disclosures.
OI Buildup Activity
Fresh call open interest adds 6 × 92,400 contracts at the 360 strike, 5 × 06,400 at 370, and 4 × 59,600 at 380, reflecting aggressive writing of out‑of‑the‑money calls as volatility remains subdued. On the put side, new builds of 2 × 24,400 at 350, 2 × 17,200 at 370, and 1 × 54,800 at 360 show accumulation of downside protection and potential market reversal. The symmetric OI expansion across strikes points to market makers hedging delta risk while maintaining a balanced gamma profile.
Volatility Read
Implied volatility stands at 35.52%, modestly above the 30‑day historical average, indicating modest premium inflation. The volatility skew is bearish, with out‑of‑the‑money puts priced higher than calls, underscoring a tilt toward downside protection.
Key OI Levels
The highest call and put open interest concentrations sit at the 360‑strike call (160 contracts) and the 160‑strike put (160 contracts) respectively.