Ather Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,240 | ₹— | —% | — | +750 | 4K |
| 11K | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 4K |
| — | — | — | —% | ₹— | 1,300 | ₹— | —% | — | +8K | 45K |
| 0 | 0 | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 375 |
| 0 | 0 | — | —% | ₹— | 1,380 | ₹— | —% | — | +7K | 11K |
| 5K | 0 | — | —% | ₹— | 1,400 | ₹— | —% | — | -20K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 1,420 | ₹— | —% | — | +7K | 7K |
| 7K | -1K | — | —% | ₹— | 1,440 | ₹— | —% | — | +54K | 93K |
| 10K | -375 | — | —% | ₹— | 1,460 | ₹— | —% | — | +20K | 98K |
| 20K | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +3K | 45K |
| 1.6 L | +18K | — | —% | ₹— | 1,500 | ₹— | —% | — | +56K | 5.0 L |
| 20K | +375 | — | —% | ₹— | 1,520 | ₹— | —% | — | -78K | 59K |
| 70K | -750 | — | —% | ₹— | 1,540 | ₹— | —% | — | +26K | 1.1 L |
| 71K | -17K | — | —% | ₹— | 1,560 | ₹— | —% | — | -48K | 1.6 L |
| 1.5 L | +56K | — | —% | ₹— | 1,580 | ₹— | —% | — | +21K | 1.3 L |
| 5.8 L | +2.0 L | — | —% | ₹— | 1,600 | ₹— | —% | — | -2.0 L | 3.6 L |
| 1.3 L | +24K | — | —% | ₹— | 1,620 | ₹— | —% | — | -40K | 48K |
| 2.4 L | +86K | — | —% | ₹— | 1,640 | ₹— | —% | — | -38K | 1.7 L |
| 1.6 L | +30K | — | —% | ₹— | 1,660 | ₹— | —% | — | -14K | 67K |
| 2.8 L | +19K | — | —% | ₹— | 1,680 | ₹— | —% | — | -13K | 87K |
| 9.9 L | +2.4 L | — | —% | ₹— | 1,700ATM | ₹— | —% | — | -7K | 1.7 L |
| 2.1 L | +23K | — | —% | ₹— | 1,720 | ₹— | —% | — | -4K | 63K |
| 3.9 L | +1.1 L | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 21K |
| 1.6 L | +47K | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 12K |
| 2.1 L | -10K | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 1K |
| 7.1 L | +1.2 L | — | —% | ₹— | 1,800 | ₹— | —% | — | -750 | 4K |
| 91K | -5K | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 375 |
| 6K | +6K | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 750 |
| 1.3 L | -47K | — | —% | ₹— | 1,860 | ₹— | —% | — | 0 | 375 |
| 0 | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 0 |
| 1.6 L | +44K | — | —% | ₹— | 1,900 | ₹— | —% | — | 0 | 2K |
| 1.9 L | +8K | — | —% | ₹— | 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 open‑interest (OI) profile shows a pronounced cluster around the 1,600 ₹ and 1,800 ₹ call strikes, together accounting for roughly 2.6 % of total call OI. On the put side, the 1,440 ₹, 1,500 ₹ and 1,580 ₹ strikes dominate, representing about 2.1 % of total put OI. This concentration frames an implied price corridor roughly between ₹1,440 and ₹1,800 for the September expiry, with the current spot of ₹1,584 sitting near the centre of the range.
OI Buildup Activity
During the latest session, fresh call OI is added at the 1,700 ₹ strike (+2 38 125 contracts), 1,600 ₹ (+1 98 750), and 1,800 ₹ (+1 22 625), indicating that option writers are intensifying exposure at these near‑the‑money levels. On the put side, new OI accrues at 1,500 ₹ (+72 000), 1,440 ₹ (+53 250), and 1,580 ₹ (+43 875), reflecting a similar buildup of hedging interest beneath the spot. The net addition of OI on both sides suggests that market participants are positioning for a bounded move rather than a breakout.
Volatility Read
The at‑the‑money implied volatility stands at 37.28 %, relatively high for a mid‑cap equity, indicating that traders price substantial movement into the September contract. The volatility skew is bearish, with out‑of‑the‑money puts exhibiting higher IV than comparable calls, implying greater demand for downside protection.
Key OI Levels
The highest open‑interest concentrations sit at the 1,600 ₹ call strike (1000 contracts) as resistance and the 1,500 ₹ put strike (1000 contracts) as support.