Ashok Leyland Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 35K | 0 | — | —% | ₹— | 135 | ₹— | —% | — | 0 | 40K |
| 5.3 L | 0 | — | —% | ₹— | 140 | ₹— | —% | — | +15K | 10.6 L |
| 55K | 0 | — | —% | ₹— | 145 | ₹— | —% | — | 0 | 55K |
| 10K | 0 | — | —% | ₹— | 147.5 | ₹— | —% | — | — | — |
| 3.9 L | 0 | — | —% | ₹— | 150 | ₹— | —% | — | -1.0 L | 23.0 L |
| 0 | 0 | — | —% | ₹— | 152.5 | ₹— | —% | — | 0 | 0 |
| 90K | +10K | — | —% | ₹— | 155 | ₹— | —% | — | -2.8 L | 48.3 L |
| 60K | +45K | — | —% | ₹— | 157.5 | ₹— | —% | — | +2.1 L | 8.5 L |
| 11.1 L | +1.6 L | — | —% | ₹— | 160 | ₹— | —% | — | -1.6 L | 59.6 L |
| 4.8 L | +30K | — | —% | ₹— | 162.5 | ₹— | —% | — | +65K | 13.8 L |
| 18.8 L | -2.6 L | — | —% | ₹— | 165 | ₹— | —% | — | +2.8 L | 70.0 L |
| 20.3 L | -1.1 L | — | —% | ₹— | 167.5 | ₹— | —% | — | +20K | 21.7 L |
| 59.5 L | -2.0 L | — | —% | ₹— | 170 | ₹— | —% | — | +4.4 L | 79.8 L |
| 27.0 L | +10.7 L | — | —% | ₹— | 172.5 | ₹— | —% | — | -1.4 L | 15.8 L |
| 1.04 Cr | +9.8 L | — | —% | ₹— | 175 | ₹— | —% | — | +1.4 L | 57.0 L |
| 27.7 L | -1.7 L | — | —% | ₹— | 177.5 | ₹— | —% | — | -5K | 19.9 L |
| 1.70 Cr | -7.9 L | — | —% | ₹— | 180ATM | ₹— | —% | — | -40K | 53.8 L |
| 24.9 L | -75K | — | —% | ₹— | 182.5 | ₹— | —% | — | 0 | 6.6 L |
| 75.0 L | -2.5 L | — | —% | ₹— | 185 | ₹— | —% | — | +20K | 17.4 L |
| 11.8 L | -95K | — | —% | ₹— | 187.5 | ₹— | —% | — | 0 | 85K |
| 97.8 L | -85K | — | —% | ₹— | 190 | ₹— | —% | — | -15K | 21.1 L |
| 9.0 L | -5K | — | —% | ₹— | 192.5 | ₹— | —% | — | 0 | 40K |
| 55.4 L | +2.1 L | — | —% | ₹— | 195 | ₹— | —% | — | 0 | 5.2 L |
| 5.5 L | +1.3 L | — | —% | ₹— | 197.5 | ₹— | —% | — | 0 | 55K |
| 78.5 L | +45K | — | —% | ₹— | 200 | ₹— | —% | — | 0 | 7.7 L |
| 31.1 L | +1.9 L | — | —% | ₹— | 205 | ₹— | —% | — | 0 | 80K |
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 around the 170 ₹ and 175 ₹ strikes, indicating that market participants are anchoring the near‑term price band between ₹165 and ₹180. The highest call OI sits at the 175 ₹ strike, while the biggest put OI concentrates at 170 ₹, suggesting a dense “ball‑park” range where upside and downside pressure may meet. Consequently, the implied price corridor for the September expiry is roughly ₹165‑₹180, with the 172.5 ₹ and 165 ₹ strikes acting as secondary buffers.
OI Buildup Activity
During the latest session, fresh call OI of 60,000 contracts poured into the 172.5 ₹ strike, followed by 80,000 contracts at 175 ₹ and 15,000 contracts at 195 ₹, signaling new long‑biased positioning on the upside. On the put side, additions of 10,000 contracts at 170 ₹, 70,000 contracts at 165 ₹, and 80,000 contracts at 157.5 ₹ reflect increased defensive stance among writers. The net effect is a modest widening of both call and put ladders, with the 175 ₹ call and 170 ₹ put remaining the primary containers of new exposure.
Volatility Read
The at‑the‑money implied volatility sits at 25.48 %, indicating moderate expectation of price movement over the remaining weeks. The volatility skew is tilted bearish, with out‑of‑the‑money calls priced lower than equivalent puts, hinting that market participants anticipate a slightly higher probability of downside moves.
Key OI Levels
The peak open‑interest concentrations are observed at the 175 ₹ call (100 contracts) and the 170 ₹ put (100 contracts).