APL Apollo Tubes Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 0 |
| 1K | +1K | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 0 |
| 1K | +1K | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 0 |
| 350 | 0 | — | —% | ₹— | 1,800 | ₹— | —% | — | +1K | 38K |
| 0 | 0 | — | —% | ₹— | 1,820 | ₹— | —% | — | +4K | 4K |
| 1K | +1K | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,860 | ₹— | —% | — | -4K | 8K |
| 0 | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | +4K | 6K |
| 20K | 0 | — | —% | ₹— | 1,900 | ₹— | —% | — | -17K | 53K |
| 0 | 0 | — | —% | ₹— | 1,920 | ₹— | —% | — | +2K | 10K |
| 0 | 0 | — | —% | ₹— | 1,940 | ₹— | —% | — | +7K | 18K |
| 0 | 0 | — | —% | ₹— | 1,960 | ₹— | —% | — | +16K | 28K |
| 0 | 0 | — | —% | ₹— | 1,980 | ₹— | —% | — | +1K | 9K |
| 17K | 0 | — | —% | ₹— | 2,000 | ₹— | —% | — | -10K | 1.0 L |
| 2K | 0 | — | —% | ₹— | 2,020 | ₹— | —% | — | +2K | 6K |
| 9K | 0 | — | —% | ₹— | 2,040 | ₹— | —% | — | +2K | 48K |
| 37K | 0 | — | —% | ₹— | 2,060 | ₹— | —% | — | +22K | 63K |
| 33K | -350 | — | —% | ₹— | 2,080 | ₹— | —% | — | +4K | 33K |
| 2.4 L | -4K | — | —% | ₹— | 2,100 | ₹— | —% | — | -8K | 1.5 L |
| 5K | 0 | — | —% | ₹— | 2,120 | ₹— | —% | — | +20K | 27K |
| 11K | +350 | — | —% | ₹— | 2,140 | ₹— | —% | — | -4K | 18K |
| 40K | -3K | — | —% | ₹— | 2,160 | ₹— | —% | — | +1K | 49K |
| 39K | +11K | — | —% | ₹— | 2,180 | ₹— | —% | — | +5K | 31K |
| 4.2 L | +49K | — | —% | ₹— | 2,200ATM | ₹— | —% | — | +2K | 1.1 L |
| 16K | +7K | — | —% | ₹— | 2,220 | ₹— | —% | — | -350 | 350 |
| 40K | +16K | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 21K |
| 58K | +9K | — | —% | ₹— | 2,260 | ₹— | —% | — | 0 | 0 |
| 34K | +8K | — | —% | ₹— | 2,280 | ₹— | —% | — | 0 | 350 |
| 3.3 L | +65K | — | —% | ₹— | 2,300 | ₹— | —% | — | +4K | 7K |
| 13K | +12K | — | —% | ₹— | 2,320 | ₹— | —% | — | 0 | 350 |
| 40K | +16K | — | —% | ₹— | 2,340 | ₹— | —% | — | 0 | 350 |
| 12K | +4K | — | —% | ₹— | 2,360 | ₹— | —% | — | 0 | 0 |
| 27K | +5K | — | —% | ₹— | 2,380 | ₹— | —% | — | 0 | 0 |
| 2.9 L | -11K | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 1K |
| 17K | +6K | — | —% | ₹— | 2,420 | ₹— | —% | — | 0 | 0 |
| 50K | +33K | — | —% | ₹— | 2,440 | ₹— | —% | — | 0 | 0 |
| 14K | +14K | — | —% | ₹— | 2,460 | ₹— | —% | — | 0 | 0 |
| 22K | +3K | — | —% | ₹— | 2,480 | ₹— | —% | — | 0 | 0 |
| 33K | +9K | — | —% | ₹— | 2,520 | ₹— | —% | — | 0 | 350 |
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 pool clusters tightly around the 2200, 2300 and 2440 strike levels for calls, while puts concentrate near 1960, 2060 and 2120, outlining an implied price corridor roughly between ₹1960 and ₹2440 for the November expiry. The spot price of ₹2165.3 sits near the centre of this range, suggesting that market participants view the current level as a neutral pivot between bullish and bearish biases. Implied volatility at 29.39% reinforces a moderate uncertainty environment, while the bearish skew indicates slightly higher demand for downside protection.
OI Buildup Activity
Call open interest rises sharply at 2300 (+66,150), 2200 (+49,000) and 2440 (+30,450), reflecting aggressive new writing that adds roughly ₹146 k contracts to the bullish side. Put open interest expands at 2060 (+22,050), 2120 (+20,300) and 1960 (+16,450), indicating a comparable influx of sellers seeking premium income on downside strikes. The symmetric magnitude of fresh OI on both sides implies that market makers are balancing delta exposure rather than aggressively directional betting.
Volatility Read
Implied volatility stands at 29.39%, a level that is elevated relative to the 30‑day historical average, suggesting that option premiums retain a reasonable premium for risk transfer. The observed bearish skew shows higher implied volatility for out‑of‑the‑money puts versus calls, indicating a slight market bias toward protective positioning.
Key OI Levels
The highest call OI of 1,080 contracts resides at the 2300 strike, while the highest put OI of 1,080 contracts clusters at the 2060 strike.