Asian Paints Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,920 | ₹— | —% | — | +3K | 3K |
| 0 | 0 | — | —% | ₹— | 1,960 | ₹— | —% | — | +1.2 L | 1.5 L |
| 500 | +250 | — | —% | ₹— | 2,000 | ₹— | —% | — | +12K | 60K |
| 0 | 0 | — | —% | ₹— | 2,040 | ₹— | —% | — | +5K | 24K |
| 0 | 0 | — | —% | ₹— | 2,060 | ₹— | —% | — | +21K | 35K |
| 0 | 0 | — | —% | ₹— | 2,080 | ₹— | —% | — | -4K | 16K |
| 2K | +750 | — | —% | ₹— | 2,100 | ₹— | —% | — | +5K | 77K |
| 0 | 0 | — | —% | ₹— | 2,120 | ₹— | —% | — | +1K | 35K |
| 250 | 0 | — | —% | ₹— | 2,140 | ₹— | —% | — | +4K | 20K |
| 0 | 0 | — | —% | ₹— | 2,160 | ₹— | —% | — | +10K | 2.9 L |
| 500 | +250 | — | —% | ₹— | 2,180 | ₹— | —% | — | +19K | 37K |
| 39K | +11K | — | —% | ₹— | 2,200 | ₹— | —% | — | +51K | 1.3 L |
| 0 | 0 | — | —% | ₹— | 2,220 | ₹— | —% | — | -250 | 20K |
| 45K | +23K | — | —% | ₹— | 2,240 | ₹— | —% | — | +14K | 49K |
| 35K | +17K | — | —% | ₹— | 2,260 | ₹— | —% | — | +11K | 53K |
| 53K | +24K | — | —% | ₹— | 2,280 | ₹— | —% | — | +16K | 57K |
| 3.2 L | +1.4 L | — | —% | ₹— | 2,300ATM | ₹— | —% | — | +27K | 2.8 L |
| 37K | +1K | — | —% | ₹— | 2,320 | ₹— | —% | — | -2K | 21K |
| 55K | -3K | — | —% | ₹— | 2,340 | ₹— | —% | — | -2K | 16K |
| 33K | 0 | — | —% | ₹— | 2,360 | ₹— | —% | — | +250 | 31K |
| 63K | +4K | — | —% | ₹— | 2,380 | ₹— | —% | — | 0 | 9K |
| 3.7 L | +37K | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 68K |
| 17K | +5K | — | —% | ₹— | 2,420 | ₹— | —% | — | 0 | 4K |
| 36K | +10K | — | —% | ₹— | 2,440 | ₹— | —% | — | -1K | 6K |
| 38K | +18K | — | —% | ₹— | 2,460 | ₹— | —% | — | 0 | 15K |
| 26K | +11K | — | —% | ₹— | 2,480 | ₹— | —% | — | 0 | 750 |
| 2.7 L | +1.4 L | — | —% | ₹— | 2,500 | ₹— | —% | — | -250 | 68K |
| 32K | +15K | — | —% | ₹— | 2,520 | ₹— | —% | — | 0 | 500 |
| 20K | +11K | — | —% | ₹— | 2,540 | ₹— | —% | — | 0 | 6K |
| 43K | +20K | — | —% | ₹— | 2,560 | ₹— | —% | — | 0 | 3K |
| 14K | +6K | — | —% | ₹— | 2,580 | ₹— | —% | — | 0 | 500 |
| 72K | -7K | — | —% | ₹— | 2,600 | ₹— | —% | — | +250 | 31K |
| 1.3 L | +63K | — | —% | ₹— | 2,620 | ₹— | —% | — | 0 | 6K |
| 14K | +2K | — | —% | ₹— | 2,640 | ₹— | —% | — | 0 | 500 |
| 2K | 0 | — | —% | ₹— | 2,660 | ₹— | —% | — | 0 | 0 |
| 13K | -3K | — | —% | ₹— | 2,680 | ₹— | —% | — | 0 | 1K |
| 33K | -5K | — | —% | ₹— | 2,720 | ₹— | —% | — | 0 | 2K |
| 28K | +12K | — | —% | ₹— | 2,760 | ₹— | —% | — | 0 | 3K |
| 62K | +14K | — | —% | ₹— | 2,800 | ₹— | —% | — | 0 | 22K |
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 OI peaks at the 2300 strike with 1,200 contracts, marking a strong resistance zone just above the current spot of ₹2,284.6 today. On the put side, the 1,200 OI at the 1,200 strike creates a solid support band near the lower end of the implied range. Combined, these concentrations suggest an expected trading corridor roughly between ₹1,950 and ₹2,600 for the upcoming expiry, reflecting market participants' consensus on near‑term price equilibrium.
OI Buildup Activity
Fresh open interest added at the 2,300 call has increased by 1,44,500 contracts, indicating aggressive writing near the resistance point as writers hedge against upside bias. Similarly, the 2,500 call has attracted an identical addition of 1,44,500 contracts, reinforcing the bullish‑to‑neutral stance of option writers and highlights confidence in price staying within the upper band. On the downside, the 1,960 put sees an injection of 1,15,750 contracts, while the 2,200 put gains 50,750 contracts, reflecting defensive positioning around the support tier, suggesting protective layering for bearish scenarios.
Volatility Read
The at‑the‑money implied volatility stands at 25.88%, aligning with the medium‑term volatility expectations for the sector, which still remains moderate relative to historical peaks. The volatility skew is neutral, showing comparable pricing pressure for calls and puts across the strike spectrum and implies no immediate directional bias.
Key OI Levels
The highest call OI sits at the 2,300 strike and the highest put OI at the 1,200 strike, each with 1,200 contracts.