APL Apollo Tubes Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 2K |
| 3K | 0 | — | —% | ₹— | 1,780 | ₹— | —% | — | — | — |
| 1K | 0 | — | —% | ₹— | 1,800 | ₹— | —% | — | -700 | 14K |
| 350 | 0 | — | —% | ₹— | 1,840 | ₹— | —% | — | — | — |
| 1K | 0 | — | —% | ₹— | 1,860 | ₹— | —% | — | — | — |
| 1K | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 0 |
| — | — | — | —% | ₹— | 1,900 | ₹— | —% | — | -350 | 1K |
| 0 | 0 | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 0 |
| — | — | — | —% | ₹— | 1,940 | ₹— | —% | — | -6K | 61K |
| 700 | 0 | — | —% | ₹— | 1,960 | ₹— | —% | — | 0 | 350 |
| 0 | 0 | — | —% | ₹— | 1,980 | ₹— | —% | — | -350 | 8K |
| 96K | +12K | — | —% | ₹— | 2,000 | ₹— | —% | — | -4K | 75K |
| 0 | 0 | — | —% | ₹— | 2,020 | ₹— | —% | — | 0 | 1K |
| 4K | 0 | — | —% | ₹— | 2,040 | ₹— | —% | — | -1K | 27K |
| 1K | 0 | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 3K |
| 5K | 0 | — | —% | ₹— | 2,080 | ₹— | —% | — | +9K | 21K |
| 1.2 L | +17K | — | —% | ₹— | 2,100 | ₹— | —% | — | +51K | 2.4 L |
| 24K | 0 | — | —% | ₹— | 2,120 | ₹— | —% | — | +7K | 41K |
| 64K | -4K | — | —% | ₹— | 2,140 | ₹— | —% | — | +8K | 98K |
| 60K | -22K | — | —% | ₹— | 2,160 | ₹— | —% | — | +5K | 59K |
| 45K | -9K | — | —% | ₹— | 2,180 | ₹— | —% | — | +6K | 62K |
| 5.0 L | -79K | — | —% | ₹— | 2,200ATM | ₹— | —% | — | -8K | 1.7 L |
| 54K | -2K | — | —% | ₹— | 2,220 | ₹— | —% | — | +60K | 90K |
| 95K | +2K | — | —% | ₹— | 2,240 | ₹— | —% | — | +12K | 86K |
| 1.6 L | +45K | — | —% | ₹— | 2,260 | ₹— | —% | — | +5K | 98K |
| 40K | -4K | — | —% | ₹— | 2,280 | ₹— | —% | — | +2K | 13K |
| 4.3 L | -25K | — | —% | ₹— | 2,300 | ₹— | —% | — | +3K | 36K |
| 44K | +1K | — | —% | ₹— | 2,320 | ₹— | —% | — | 0 | 13K |
| 50K | +12K | — | —% | ₹— | 2,340 | ₹— | —% | — | +350 | 350 |
| 53K | +1K | — | —% | ₹— | 2,360 | ₹— | —% | — | 0 | 12K |
| 0 | 0 | — | —% | ₹— | 2,380 | ₹— | —% | — | 0 | 0 |
| 1.6 L | +11K | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 4K |
| 0 | 0 | — | —% | ₹— | 2,420 | ₹— | —% | — | 0 | 0 |
| 68K | +29K | — | —% | ₹— | 2,440 | ₹— | —% | — | 0 | 3K |
| 61K | -700 | — | —% | ₹— | 2,480 | ₹— | —% | — | +1K | 1K |
| 40K | +7K | — | —% | ₹— | 2,520 | ₹— | —% | — | 0 | 0 |
| 42K | +40K | — | —% | ₹— | 2,560 | ₹— | —% | — | 0 | 0 |
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 clusters tightly around the ₹2,260 and ₹2,160 strikes, suggesting a tight range of roughly ₹2,120‑₹2,280 for the next week. The highest CE OI sits at the ₹2,640 strike (1,320 contracts), acting as a resistance ceiling, while the highest PE OI is also at 1,320 contracts at the ₹2,120 strike, forming a support floor. This concentration indicates that market participants expect the underlying to hover near the current spot of ₹2,250 as expiration approaches.
OI Buildup Activity
Significant fresh OI accumulates at the ₹2,260 call (up +44,450 contracts) and at the ₹2,160 put (up +44,800 contracts), reflecting aggressive positioning by option writers. Additional buildup appears at ₹2,560 call (+39,200) and ₹2,440 call (+28,350), reinforcing the upper side of the range. On the downside, the ₹2,100 put sees the largest increase (+1,35,100 contracts), followed by ₹2,220 put (+59,850) and ₹2,120 put (+44,800), indicating strong support‑oriented writing activity.
Volatility Read
The at‑the‑money implied volatility stands at 21.01%, a moderate level for the instrument. The volatility skew is bearish, with out‑of‑the‑money calls priced higher than equivalent puts, implying greater downside protection demand.
Key OI Levels
The strikes with the highest open interest are ₹2,640 for calls (1,320 contracts) and ₹2,120 for puts (1,320 contracts).