Asian Paints Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,200 | ₹— | 16.4% | — | — | — |
| — | — | — | —% | ₹— | 1,240 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 1,280 | ₹— | 14.9% | — | — | — |
| — | — | — | —% | ₹— | 1,320 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 1,360 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 1,440 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 1,480 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 1,500 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 1,540 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 1,560 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 1,580 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 1,600 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 1,620 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 1,640 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 1,660 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 1,680 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 1,700 | ₹— | 8.7% | — | — | — |
| 500 | 0 | — | —% | ₹457.10 | 1,720 | ₹0.10 | —% | 66K | 0 | 1.2 L |
| — | — | — | —% | ₹— | 1,740 | ₹— | 8.2% | — | — | — |
| 500 | 0 | — | —% | ₹526.90 | 1,760 | ₹0.15 | —% | 3K | +2K | 14K |
| — | — | — | —% | ₹— | 1,780 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹739.40 | 1,800 | ₹0.10 | —% | 500 | 0 | 28K |
| — | — | — | —% | ₹— | 1,820 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹811.15 | 1,840 | ₹1.30 | —% | — | 0 | 1K |
| — | — | — | —% | ₹574.85 | 1,860 | ₹0.20 | —% | 4K | -250 | 44K |
| — | — | — | —% | ₹661.20 | 1,880 | ₹0.85 | —% | — | 0 | 15K |
| 2K | 0 | — | —% | ₹558.15 | 1,900 | ₹0.35 | —% | 53K | -40K | 3.8 L |
| — | — | — | —% | ₹732.70 | 1,920 | ₹1.05 | —% | — | 0 | 10K |
| 31K | -500 | 1K | —% | ₹598.55 | 1,940 | ₹0.35 | 76.5% | 6K | -3K | 1.7 L |
| 250 | 0 | — | —% | ₹354.45 | 1,960 | ₹0.55 | 72.3% | — | 0 | 42K |
| 750 | 0 | — | —% | ₹479.85 | 1,980 | ₹0.50 | 74.8% | 500 | 0 | 25K |
| 29K | 0 | — | —% | ₹421.00 | 2,000 | ₹0.45 | 67.4% | 49K | -13K | 1.2 L |
| 750 | 0 | — | —% | ₹439.30 | 2,020 | ₹0.55 | 70.1% | 3K | -3K | 9K |
| — | — | — | —% | ₹616.00 | 2,040 | ₹0.60 | 66.1% | 1K | -250 | 11K |
| — | — | — | —% | ₹383.05 | 2,060 | ₹0.85 | 64.6% | 9K | +250 | 27K |
| — | — | — | —% | ₹577.65 | 2,080 | ₹0.80 | 64.9% | 3K | -750 | 20K |
| 37K | 0 | 250 | —% | ₹425.00 | 2,100 | ₹1.00 | 60.5% | 1.3 L | +31K | 3.7 L |
| 20K | 0 | — | —% | ₹331.45 | 2,120 | ₹1.05 | 58.3% | 35K | -7K | 34K |
| 57K | 0 | — | —% | ₹203.95 | 2,140 | ₹1.05 | 55.8% | 15K | -3K | 1.4 L |
| 1.1 L | 0 | — | —% | ₹352.90 | 2,160 | ₹1.00 | 56.7% | 7K | 0 | 1.4 L |
| 72K | 0 | 1K | —% | ₹385.10 | 2,180 | ₹1.40 | 52.5% | 3K | 0 | 1.0 L |
| 1.8 L | -1K | 10K | —% | ₹330.00 | 2,200 | ₹1.45 | 50.3% | 1.6 L | -27K | 3.9 L |
| 91K | -750 | 1K | —% | ₹336.25 | 2,220 | ₹1.55 | 48.6% | 94K | -12K | 1.1 L |
| 80K | -1K | 1K | —% | ₹287.50 | 2,240 | ₹1.75 | 46.0% | 1.1 L | +10K | 1.2 L |
| 97K | -3K | 6K | —% | ₹316.15 | 2,260 | ₹1.95 | 44.0% | 46K | -13K | 1.1 L |
| 1.1 L | +750 | 3K | —% | ₹254.90 | 2,280 | ₹2.10 | 41.9% | 35K | -4K | 1.4 L |
| 2.1 L | -31K | 59K | —% | ₹227.85 | 2,300 | ₹2.55 | 40.8% | 2.7 L | -63K | 2.3 L |
| 44K | -1K | 7K | —% | ₹215.50 | 2,320 | ₹2.90 | 38.4% | 1.2 L | +12K | 1.2 L |
| 1.3 L | -750 | 4K | —% | ₹193.00 | 2,340 | ₹3.45 | 36.9% | 1.6 L | -28K | 1.5 L |
| 76K | -250 | 27K | —% | ₹169.00 | 2,360 | ₹4.20 | 35.7% | 1.4 L | -18K | 1.4 L |
| 60K | -2K | 13K | —% | ₹158.00 | 2,380 | ₹5.50 | 34.1% | 2.1 L | -54K | 1.2 L |
| 2.0 L | -17K | 79K | —% | ₹132.00 | 2,400 | ₹6.95 | 33.1% | 7.6 L | -56K | 4.5 L |
| 91K | -2K | 21K | 21.9% | ₹114.65 | 2,420 | ₹8.90 | 31.8% | 3.0 L | +13K | 1.5 L |
| 84K | -2K | 33K | 23.2% | ₹99.65 | 2,440 | ₹11.90 | 31.4% | 5.8 L | +1.0 L | 2.3 L |
| 1.6 L | -6K | 78K | 24.1% | ₹83.80 | 2,460 | ₹16.15 | 31.0% | 7.3 L | +4K | 2.0 L |
| 80K | -2K | 1.1 L | 24.1% | ₹67.45 | 2,480 | ₹21.90 | 30.6% | 4.2 L | -13K | 1.1 L |
| 4.0 L | -89K | 7.7 L | 24.9% | ₹55.65 | 2,500ATM | ₹27.85 | 30.4% | 12.8 L | +2K | 3.1 L |
| 3.6 L | +1K | 5.5 L | 25.4% | ₹44.00 | 2,520 | ₹36.65 | 30.7% | 6.2 L | +40K | 1.6 L |
| 2.8 L | +36K | 11.0 L | 25.2% | ₹33.60 | 2,540 | ₹46.10 | 30.5% | 7.3 L | +1.1 L | 1.2 L |
| 2.2 L | +64K | 26.0 L | 25.5% | ₹25.40 | 2,560 | ₹58.30 | 31.4% | 8.2 L | +1.2 L | 1.5 L |
| 1.9 L | +29K | 15.0 L | 25.7% | ₹18.85 | 2,580 | ₹71.55 | 31.7% | 2.1 L | +50K | 54K |
| 4.1 L | +49K | 25.7 L | 25.9% | ₹13.65 | 2,600 | ₹87.05 | 31.9% | 1.9 L | +23K | 48K |
| 1.5 L | +87K | 8.2 L | 25.9% | ₹9.50 | 2,620 | ₹102.05 | 33.3% | 2K | +750 | 2K |
| 1.4 L | +25K | 7.7 L | 26.1% | ₹6.55 | 2,640 | ₹118.85 | 34.6% | 18K | +9K | 11K |
| 94K | +75K | 7.3 L | 26.6% | ₹4.50 | 2,660 | ₹484.85 | 280.6% | — | 0 | 1K |
| 1.1 L | +45K | 5.0 L | 27.0% | ₹3.10 | 2,680 | ₹384.00 | 201.8% | — | 0 | 1K |
| 35K | +35K | 2.3 L | 27.5% | ₹2.25 | 2,700 | ₹168.50 | 38.4% | 5K | +3K | 3K |
| 38K | -34K | 2.5 L | 28.1% | ₹1.60 | 2,720 | ₹167.95 | 39.8% | 5K | +750 | 8K |
| — | — | — | 1.8% | ₹— | 2,740 | ₹— | —% | — | — | — |
| 36K | +20K | 64K | 30.7% | ₹1.05 | 2,760 | ₹200.00 | 44.6% | 250 | 0 | 250 |
| — | — | — | 2.1% | ₹— | 2,780 | ₹— | —% | — | — | — |
| 1.2 L | +12K | 2.1 L | 32.1% | ₹0.60 | 2,800 | ₹272.90 | 49.7% | 4K | 0 | 27K |
| — | — | — | 2.5% | ₹— | 2,820 | ₹— | —% | — | — | — |
| — | — | — | 121.0% | ₹67.90 | 2,840 | ₹241.60 | —% | — | — | — |
| — | — | — | 2.8% | ₹— | 2,860 | ₹— | —% | — | — | — |
| — | — | — | 119.2% | ₹57.50 | 2,880 | ₹270.60 | —% | — | — | — |
| — | — | — | 3.1% | ₹— | 2,900 | ₹— | —% | — | — | — |
| — | — | — | 3.2% | ₹— | 2,920 | ₹— | —% | — | — | — |
| — | — | — | 3.4% | ₹— | 2,940 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 2,960 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 2,980 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 3,000 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 3,020 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 3,040 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 3,060 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 3,080 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 3,100 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 3,120 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 3,140 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 3,160 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 3,180 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 3,200 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 3,240 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 3,280 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 3,320 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 3,360 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 3,400 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 3,440 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 3,480 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance lies at ₹2620, where fresh call writers have built significant open interest. Strong support emerges at ₹2540–₹2560, backed by robust put option accumulation. The implied trading range centers around ₹2529.5, with structural barriers at ₹2440 (lower) and ₹2660 (upper).
OI Buildup Activity
Fresh long calls are concentrating at ₹2620, ₹2660, and ₹2560, signaling bullish conviction beyond spot levels. Put writers are actively defending ₹2560 and ₹2540, absorbing downside bets with substantial new open interest. Notably, ₹2440 saw heavy put OI addition, indicating longs are hedging tail-risk concerns.
Volatility Read
ATM IV at 25.51% reflects moderate premium levels, suggesting balanced fear/greed in the options market. A neutral skew confirms absence of directional panic, with symmetrical positioning in calls and puts.
Strategy Implication
Range-bound bias prevails between ₹2540 and ₹2620, with writers cautious above and longs anchoring support below.