Ather Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 375 | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | -3K | 26K |
| 3K | +3K | — | —% | ₹— | 1,200 | ₹— | —% | — | +2K | 45K |
| 2K | +2K | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 7K |
| 2K | 0 | — | —% | ₹— | 1,260 | ₹— | —% | — | +3K | 18K |
| 0 | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | -375 | 5K |
| 1K | 0 | — | —% | ₹— | 1,300 | ₹— | —% | — | -7K | 1.2 L |
| 0 | 0 | — | —% | ₹— | 1,320 | ₹— | —% | — | -375 | 750 |
| 20K | 0 | — | —% | ₹— | 1,340 | ₹— | —% | — | +5K | 30K |
| 22K | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | -3K | 57K |
| 13K | 0 | — | —% | ₹— | 1,380 | ₹— | —% | — | -4K | 15K |
| 57K | -2K | — | —% | ₹— | 1,400 | ₹— | —% | — | -35K | 1.7 L |
| 23K | -750 | — | —% | ₹— | 1,420 | ₹— | —% | — | -3K | 25K |
| 32K | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | +5K | 51K |
| 31K | -375 | — | —% | ₹— | 1,460 | ₹— | —% | — | +12K | 44K |
| 32K | -4K | — | —% | ₹— | 1,480 | ₹— | —% | — | +6K | 39K |
| 3.1 L | -25K | — | —% | ₹— | 1,500ATM | ₹— | —% | — | +80K | 5.8 L |
| 30K | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | +2K | 45K |
| 51K | +375 | — | —% | ₹— | 1,540 | ₹— | —% | — | +7K | 56K |
| 28K | +2K | — | —% | ₹— | 1,560 | ₹— | —% | — | -12K | 1.1 L |
| 28K | -375 | — | —% | ₹— | 1,580 | ₹— | —% | — | -2K | 48K |
| 2.7 L | -15K | — | —% | ₹— | 1,600 | ₹— | —% | — | -21K | 3.0 L |
| 45K | -375 | — | —% | ₹— | 1,620 | ₹— | —% | — | +2K | 66K |
| 87K | +12K | — | —% | ₹— | 1,640 | ₹— | —% | — | +13K | 80K |
| 2.7 L | -3K | — | —% | ₹— | 1,660 | ₹— | —% | — | -13K | 1.3 L |
| 1.1 L | -35K | — | —% | ₹— | 1,680 | ₹— | —% | — | -2K | 66K |
| 5.3 L | +48K | — | —% | ₹— | 1,700 | ₹— | —% | — | +12K | 15K |
| 56K | -20K | — | —% | ₹— | 1,720 | ₹— | —% | — | +2K | 6K |
| 60K | +13K | — | —% | ₹— | 1,740 | ₹— | —% | — | +375 | 1K |
| 63K | +3K | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 2K |
| 23K | +12K | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 0 |
| 6.8 L | +1.2 L | — | —% | ₹— | 1,800 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 0 |
| 20K | +10K | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 0 |
| 55K | -3K | — | —% | ₹— | 1,860 | ₹— | —% | — | 0 | 0 |
| 87K | -16K | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 0 |
| 58K | +58K | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 0 |
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 1700 call option commands the largest open interest at 1,800 contracts, establishing a near‑term resistance level that caps upside potential around ₹1,700 and strong trader interest today, among institutional participants. Conversely, the 1500 put accrues the highest put open interest with 1,000 contracts, marking a supportive floor near ₹1,500 that may absorb bearish pressure. Combined, these concentrations suggest an implied price corridor between ₹1,500 and ₹1,700 for the November expiry, providing a clear target for market participants.
OI Buildup Activity
New open‑interest adds are evident at the 1920 call (+57,000) and 1640 put (+13,875), indicating aggressive positioning by option writers at both wings, reflecting speculative bets on volatility. The 1700 call also sees a fresh inflow of 48,375 contracts, reinforcing its role as the dominant bearish‑call hedge and reinforces market bias. On the put side, the 1500 strike receives the largest addition of 80,250 contracts, cementing its status as the primary defensive layer, which could act as a cushion if prices retreat.
Volatility Read
The at‑the‑money implied volatility stands at 34.82%, reflecting moderate premium levels ahead of the November expiration. Skew is bearish, indicating that out‑of‑the‑money puts are comparatively more expensive than calls, which often signals market participants’ tilt toward downside protection, suggesting a prudential tilt among investors.
Key OI Levels
The highest call OI concentration is at the 1700 strike (1,800 contracts) and the highest put OI concentration is at the 1500 strike (1,000 contracts), currently observed.