Ashok Leyland Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 55K | +30K | — | —% | ₹— | 115 | ₹— | —% | — | +3.3 L | 8.3 L |
| 0 | 0 | — | —% | ₹— | 120 | ₹— | —% | — | +3.2 L | 10.3 L |
| 15K | 0 | — | —% | ₹— | 125 | ₹— | —% | — | +3.1 L | 10.9 L |
| 0 | 0 | — | —% | ₹— | 127.5 | ₹— | —% | — | +1.6 L | 3.0 L |
| 4.9 L | 0 | — | —% | ₹— | 130 | ₹— | —% | — | +4.4 L | 29.7 L |
| 5K | 0 | — | —% | ₹— | 132.5 | ₹— | —% | — | +1.3 L | 3.1 L |
| 7.2 L | +40K | — | —% | ₹— | 135 | ₹— | —% | — | +4.6 L | 24.3 L |
| 80K | 0 | — | —% | ₹— | 137.5 | ₹— | —% | — | +1.2 L | 4.6 L |
| 35.1 L | +5K | — | —% | ₹— | 140 | ₹— | —% | — | +4.0 L | 46.9 L |
| 18.6 L | +1.6 L | — | —% | ₹— | 142.5 | ₹— | —% | — | +15.2 L | 28.5 L |
| 51.5 L | +45K | — | —% | ₹— | 145 | ₹— | —% | — | +1.3 L | 53.0 L |
| 27.4 L | +13.1 L | — | —% | ₹— | 147.5 | ₹— | —% | — | +30K | 12.8 L |
| 67.3 L | +10.3 L | — | —% | ₹— | 150ATM | ₹— | —% | — | +15K | 49.0 L |
| 7.0 L | +1.6 L | — | —% | ₹— | 152.5 | ₹— | —% | — | -8.6 L | 4.5 L |
| 27.6 L | +1.8 L | — | —% | ₹— | 155 | ₹— | —% | — | -5K | 25.4 L |
| 6.9 L | +4.4 L | — | —% | ₹— | 157.5 | ₹— | —% | — | -5K | 85K |
| 39.3 L | +20K | — | —% | ₹— | 160 | ₹— | —% | — | +20K | 13.9 L |
| 5.9 L | +1.8 L | — | —% | ₹— | 162.5 | ₹— | —% | — | 0 | 35K |
| 8.7 L | +1.3 L | — | —% | ₹— | 165 | ₹— | —% | — | +10K | 5.9 L |
| 5K | 0 | — | —% | ₹— | 167.5 | ₹— | —% | — | 0 | 50K |
| 28.3 L | +2.3 L | — | —% | ₹— | 170 | ₹— | —% | — | 0 | 16.7 L |
| 14.1 L | -85K | — | —% | ₹— | 175 | ₹— | —% | — | +15K | 9.4 L |
| 9.9 L | +90K | — | —% | ₹— | 180 | ₹— | —% | — | +5K | 17.4 L |
| — | — | — | —% | ₹— | 185 | ₹— | —% | — | 0 | 25.0 L |
| 2.5 L | +60K | — | —% | ₹— | 200 | ₹— | —% | — | — | — |
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‑option open interest peaks at the 150 strike with 100 contracts, marking a resistance zone just above the current market price of ₹144.85 and attracting heightened attention from market participants. On the put side, the 135 strike also carries 100 contracts, establishing a support band slightly below spot and reinforcing a classic bullish‑bearish pivot. Together these concentrations outline an implied trading range roughly between ₹135 and ₹150 for the upcoming November expiration, and signaling possible price compression within this corridor.
OI Buildup Activity
New open interest adds appear at the 147.5 call, rising by 13,05,000 contracts, indicating aggressive positioning by option writers near the money amid heightened speculative interest ahead of earnings. Additional call accumulation is observed at 150 (+10,25,000) and 157.5 (+4,40,000), suggesting a layered hedge structure above the spot level and forming a protective cap for upside volatility. On the downside, fresh put OI builds at 142.5 (+15,25,000), 135 (+4,60,000) and 130 (+4,40,000), reflecting defensive layering by sellers beneath the current price while maintaining risk‑adjusted exposure for downside scenarios.
Volatility Read
The at‑the‑money implied volatility stands at 29.09%, denoting moderate premium levels for the November series while remaining within historical seasonal bounds. The volatility skew is neutral, implying comparable pricing pressure for calls and puts across strikes.
Key OI Levels
The strikes with the highest open‑interest concentrations are 150 for calls and 135 for puts, each holding 100 contracts and serving as focal points for market makers.