APL Apollo Tubes Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,040 | ₹— | 16.0% | — | — | — |
| — | — | — | —% | ₹— | 1,080 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 1,120 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 1,160 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 1,200 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 1,240 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 1,280 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 1,300 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 1,320 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 1,340 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 1,360 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 1,380 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 1,420 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 1,440 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 1,460 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 1,480 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 1,500 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 1,540 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹520.85 | 1,560 | ₹3.95 | —% | — | — | — |
| — | — | — | —% | ₹556.30 | 1,580 | ₹0.55 | —% | — | — | — |
| — | — | — | —% | ₹491.00 | 1,600 | ₹0.15 | 73.1% | 34K | 0 | 66K |
| 350 | 0 | — | —% | ₹511.95 | 1,620 | ₹1.00 | —% | — | — | — |
| — | — | — | —% | ₹454.25 | 1,640 | ₹0.15 | 69.4% | 3K | -1K | 1K |
| — | — | — | —% | ₹478.30 | 1,660 | ₹1.75 | —% | — | — | — |
| — | — | — | —% | ₹418.35 | 1,680 | ₹4.30 | 98.0% | — | 0 | 1K |
| 1K | 0 | — | —% | ₹292.25 | 1,700 | ₹1.00 | 74.3% | — | 0 | 14K |
| 1K | 0 | — | —% | ₹273.25 | 1,720 | ₹0.50 | 64.3% | 7K | 0 | 4K |
| — | — | — | —% | ₹478.65 | 1,740 | ₹0.25 | 56.5% | 2K | 0 | 4K |
| 350 | 0 | — | —% | ₹302.20 | 1,760 | ₹0.60 | 59.7% | 6K | 0 | 5K |
| 2K | 0 | — | —% | ₹292.00 | 1,780 | ₹0.75 | 55.1% | 8K | -2K | 41K |
| 6K | 0 | — | —% | ₹330.00 | 1,800 | ₹1.35 | 55.3% | 10K | +2K | 41K |
| — | — | — | 176.0% | ₹403.85 | 1,820 | ₹1.90 | 60.8% | — | 0 | 8K |
| 2K | 0 | — | —% | ₹84.25 | 1,840 | ₹3.20 | 63.1% | — | 0 | 7K |
| 7K | 0 | — | —% | ₹147.60 | 1,860 | ₹2.30 | 51.2% | 1K | 0 | 7K |
| 9K | 0 | — | —% | ₹149.90 | 1,880 | ₹1.50 | 48.6% | — | 0 | 14K |
| 63K | -700 | 1K | 34.0% | ₹199.00 | 1,900 | ₹2.90 | 44.4% | 56K | -9K | 64K |
| 15K | 0 | — | —% | ₹102.35 | 1,920 | ₹14.80 | 72.2% | — | 0 | 13K |
| 20K | 0 | — | —% | ₹170.40 | 1,940 | ₹3.40 | 49.0% | — | 0 | 20K |
| 8K | 0 | — | —% | ₹113.60 | 1,960 | ₹4.40 | 37.6% | 25K | -4K | 37K |
| 47K | 0 | — | —% | ₹118.10 | 1,980 | ₹5.80 | 36.4% | 14K | -2K | 81K |
| 1.4 L | -4K | 10K | 28.1% | ₹109.00 | 2,000 | ₹7.85 | 35.1% | 99K | -7K | 1.1 L |
| 9K | -1K | 2K | 37.4% | ₹104.45 | 2,020 | ₹10.90 | 34.6% | 36K | +5K | 55K |
| 18K | 0 | 700 | 31.8% | ₹78.90 | 2,040 | ₹15.05 | 33.9% | 22K | +700 | 64K |
| 37K | -2K | 7K | 30.1% | ₹63.70 | 2,060 | ₹20.70 | 33.9% | 93K | +6K | 49K |
| 18K | -1K | 8K | 30.4% | ₹50.25 | 2,080 | ₹28.55 | 34.1% | 49K | -700 | 19K |
| 77K | +32K | 1.6 L | 29.5% | ₹37.95 | 2,100 | ₹36.55 | 33.7% | 1.6 L | +5K | 75K |
| 26K | +6K | 77K | 30.2% | ₹29.90 | 2,120 | ₹47.25 | 33.5% | 72K | +2K | 23K |
| 60K | +20K | 2.0 L | 29.9% | ₹21.30 | 2,140 | ₹58.95 | 33.7% | 1.1 L | 0 | 21K |
| 65K | +15K | 2.0 L | 30.1% | ₹15.25 | 2,160 | ₹72.55 | 33.2% | 44K | +13K | 22K |
| 47K | -1.4 L | 3.9 L | 30.4% | ₹11.25 | 2,180 | ₹65.50 | 38.9% | — | 0 | 3K |
| 2.4 L | +57K | 6.4 L | 30.9% | ₹7.80 | 2,200ATM | ₹104.20 | 34.1% | 9K | 0 | 19K |
| 1.2 L | +4K | 40K | 31.0% | ₹5.40 | 2,220 | ₹114.50 | 58.7% | — | — | — |
| 1.1 L | +22K | 72K | 31.6% | ₹3.70 | 2,240 | ₹155.00 | 82.1% | — | 0 | 350 |
| 35K | +700 | 29K | 32.3% | ₹2.75 | 2,260 | ₹127.55 | 33.5% | 350 | 0 | 1K |
| 16K | +2K | 33K | 32.6% | ₹2.10 | 2,280 | ₹197.50 | 95.5% | — | 0 | 700 |
| — | — | — | 114.7% | ₹82.15 | 2,300 | ₹160.25 | 42.4% | — | — | — |
| 29K | +8K | 54K | 35.9% | ₹1.20 | 2,320 | ₹216.05 | 86.1% | — | 0 | 4K |
| — | — | — | 112.8% | ₹68.45 | 2,340 | ₹186.10 | —% | — | — | — |
| 28K | +2K | 93K | 38.9% | ₹0.75 | 2,360 | ₹224.95 | 49.4% | 2K | -1K | 4K |
| — | — | — | 111.3% | ₹56.65 | 2,380 | ₹213.85 | —% | — | — | — |
| 350 | 0 | — | 35.5% | ₹0.60 | 2,400 | ₹263.65 | 65.5% | — | 0 | 350 |
| — | — | — | 110.0% | ₹46.65 | 2,420 | ₹243.35 | —% | — | — | — |
| — | — | — | 99.3% | ₹33.00 | 2,440 | ₹375.05 | 150.2% | — | — | — |
| — | — | — | 3.0% | ₹— | 2,460 | ₹— | —% | — | — | — |
| — | — | — | 100.1% | ₹27.50 | 2,480 | ₹408.90 | 153.2% | — | — | — |
| — | — | — | 3.3% | ₹— | 2,500 | ₹— | —% | — | — | — |
| — | — | — | 100.8% | ₹22.80 | 2,520 | ₹443.60 | 156.3% | — | — | — |
| — | — | — | 3.7% | ₹— | 2,540 | ₹— | —% | — | — | — |
| — | — | — | 101.4% | ₹18.85 | 2,560 | ₹479.00 | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 2,580 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 2,600 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 2,620 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 2,640 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 2,660 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 2,680 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 2,700 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 2,720 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 2,740 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 2,760 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 2,800 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 2,840 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 2,880 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 2,920 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 2,960 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 3,000 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance forms firmly at ₹1040, where peak call OI clusters, capping upside momentum near-term. Immediate support aligns at the same ₹1040 strike, housing maximum put OI, suggesting a pivotal two-way test ahead. The implied range consolidates between ₹2020 and ₹2240, framed by dominant OI concentrations.
OI Buildup Activity
Fresh long calls emerge at ₹2200, ₹2100, and ₹2240, with writers adding 54,600, 28,700, and 22,400 contracts respectively—signaling aggressive bet on upside acceleration. Concurrently, long puts build at ₹2160 (+12,950), indicating rising hedging or bearish positioning just above spot. The dual buildup at ₹2200 (CE) and ₹2160 (PE) reflects divergent sentiment, with writers increasingly exposed to sharp directional moves.
Volatility Read
ATM IV holds at elevated 30.66%, pricing in heightened uncertainty with scope for expansion on breakout momentum. The bearish skew underscores stronger downside hedging demand, particularly near ₹2160 and ₹2060, tilting edge to put writers if spot stabilizes.
Strategy Implication
Bias favors range-bound volatility with asymmetric skew, favoring short strangle setups between ₹2160–₹2200 if IV sustains.