Axis Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 660 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 740 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 820 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 830 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 850 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 860 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 870 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 880 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 890 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 900 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 910 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 920 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 930 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 940 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 950 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 960 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 970 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹351.30 | 980 | ₹0.05 | —% | 3K | 0 | 2.8 L |
| — | — | — | —% | ₹— | 990 | ₹— | 7.0% | — | — | — |
| 2K | 0 | — | —% | ₹329.00 | 1,000 | ₹0.10 | —% | — | 0 | 2.6 L |
| — | — | — | —% | ₹— | 1,010 | ₹— | 6.5% | — | — | — |
| 3K | 0 | — | —% | ₹182.75 | 1,020 | ₹0.40 | 83.5% | — | 0 | 1.0 L |
| — | — | — | —% | ₹— | 1,030 | ₹— | 6.1% | — | — | — |
| — | — | — | —% | ₹293.45 | 1,040 | ₹0.10 | 70.0% | 625 | 0 | 34K |
| — | — | — | —% | ₹349.80 | 1,050 | ₹0.10 | 68.7% | 1K | -625 | 63K |
| 4K | 0 | — | —% | ₹148.70 | 1,060 | ₹0.05 | 61.8% | 5K | -4K | 76K |
| — | — | — | —% | ₹330.15 | 1,070 | ₹0.95 | 79.9% | — | 0 | 3.6 L |
| — | — | — | —% | ₹255.85 | 1,080 | ₹0.15 | 64.0% | 3K | 0 | 52K |
| — | — | — | —% | ₹310.60 | 1,090 | ₹0.20 | 60.8% | — | 0 | 48K |
| 1.8 L | 0 | — | —% | ₹250.15 | 1,100 | ₹0.20 | 63.1% | 45K | -24K | 2.2 L |
| 19K | 0 | — | 107.1% | ₹255.35 | 1,110 | ₹0.25 | 57.7% | — | 0 | 54K |
| 625 | 0 | — | 59.5% | ₹210.80 | 1,120 | ₹0.30 | 56.6% | — | 0 | 72K |
| 46K | 0 | — | 99.3% | ₹235.25 | 1,130 | ₹0.40 | 56.4% | — | 0 | 77K |
| 6K | 0 | — | —% | ₹180.35 | 1,140 | ₹0.30 | 56.8% | 25K | -6K | 2.0 L |
| 1.1 L | 0 | — | 99.1% | ₹199.85 | 1,150 | ₹0.35 | 55.2% | 24K | -19K | 1.8 L |
| 61K | 0 | — | —% | ₹194.15 | 1,160 | ₹0.40 | 52.8% | 11K | -9K | 86K |
| 98K | 0 | — | —% | ₹185.35 | 1,170 | ₹0.35 | 50.5% | 15K | -5K | 2.1 L |
| 3.1 L | 0 | 625 | —% | ₹193.00 | 1,180 | ₹0.40 | 49.4% | 12K | +1K | 3.5 L |
| 1.4 L | 0 | — | —% | ₹161.15 | 1,190 | ₹0.45 | 46.6% | 8K | -4K | 1.7 L |
| 3.9 L | +625 | 6K | —% | ₹171.00 | 1,200 | ₹0.60 | 46.6% | 1.9 L | -46K | 6.6 L |
| 2.5 L | 0 | — | 52.6% | ₹149.85 | 1,210 | ₹0.75 | 45.5% | 14K | -2K | 3.1 L |
| 5.1 L | 0 | 3K | —% | ₹150.95 | 1,220 | ₹0.85 | 45.0% | 82K | -9K | 5.3 L |
| 2.9 L | 0 | — | 43.1% | ₹129.10 | 1,230 | ₹1.15 | 44.7% | 80K | -28K | 2.8 L |
| 8.6 L | +625 | 7K | —% | ₹130.50 | 1,240 | ₹1.30 | 43.0% | 1.9 L | -49K | 7.9 L |
| 5.8 L | +1K | 12K | —% | ₹123.45 | 1,250 | ₹1.70 | 42.3% | 1.8 L | -34K | 6.8 L |
| 4.0 L | -4K | 11K | —% | ₹116.15 | 1,260 | ₹2.20 | 42.0% | 99K | -7K | 2.4 L |
| 3.0 L | -3K | 9K | —% | ₹98.35 | 1,270 | ₹3.10 | 41.2% | 1.1 L | +7K | 3.1 L |
| 1.1 L | -1K | 2K | —% | ₹94.10 | 1,280 | ₹3.70 | 41.3% | 2.1 L | -21K | 2.8 L |
| 1.6 L | 0 | — | —% | ₹74.10 | 1,290 | ₹4.60 | 40.5% | 99K | -1K | 2.6 L |
| 6.9 L | -18K | 55K | 26.3% | ₹80.20 | 1,300 | ₹5.90 | 40.1% | 8.4 L | -29K | 13.6 L |
| 3.1 L | 0 | — | 22.7% | ₹60.00 | 1,310 | ₹7.55 | 39.9% | 1.7 L | +13K | 3.3 L |
| 4.0 L | -23K | 60K | 28.2% | ₹62.40 | 1,320 | ₹9.40 | 39.4% | 3.9 L | +38K | 5.2 L |
| 3.0 L | -26K | 54K | 30.8% | ₹55.75 | 1,330 | ₹11.75 | 39.3% | 3.7 L | +38K | 4.3 L |
| 3.6 L | -26K | 1.4 L | 30.9% | ₹47.90 | 1,340 | ₹14.45 | 39.0% | 6.6 L | +50K | 6.0 L |
| 7.5 L | -95K | 5.7 L | 31.8% | ₹41.65 | 1,350 | ₹17.70 | 38.8% | 9.6 L | +96K | 8.2 L |
| 7.0 L | -34K | 14.7 L | 31.6% | ₹34.75 | 1,360 | ₹21.35 | 38.4% | 11.3 L | +2.0 L | 6.3 L |
| 7.6 L | -36K | 23.0 L | 31.6% | ₹29.10 | 1,370 | ₹25.50 | 38.3% | 12.9 L | +1.5 L | 4.3 L |
| 11.2 L | +37K | 19.5 L | 31.5% | ₹23.90 | 1,380 | ₹30.45 | 38.1% | 6.0 L | +88K | 3.7 L |
| 8.0 L | +44K | 7.3 L | 31.5% | ₹19.30 | 1,390 | ₹35.55 | 38.2% | 2.3 L | +39K | 1.4 L |
| 20.1 L | +9K | 16.0 L | 31.2% | ₹15.25 | 1,400ATM | ₹41.40 | 38.1% | 1.4 L | +16K | 3.4 L |
| 1.9 L | +53K | 4.3 L | 31.6% | ₹12.15 | 1,410 | ₹48.25 | 38.7% | 43K | +14K | 32K |
| 5.1 L | +8K | 6.8 L | 31.5% | ₹9.50 | 1,420 | ₹64.20 | 41.4% | — | 0 | 63K |
| 3.5 L | -9K | 3.9 L | 31.8% | ₹7.40 | 1,430 | ₹75.60 | 29.9% | — | — | — |
| 2.0 L | -13K | 1.5 L | 32.3% | ₹5.85 | 1,440 | ₹134.15 | 108.9% | — | — | — |
| 3.5 L | -24K | 3.8 L | 32.4% | ₹4.45 | 1,450 | ₹92.25 | —% | — | 0 | 2K |
| 1.9 L | -4K | 1.3 L | 32.6% | ₹3.40 | 1,460 | ₹149.05 | 110.4% | — | — | — |
| 96K | 0 | 43K | 32.9% | ₹2.60 | 1,470 | ₹100.75 | —% | — | — | — |
| 2.1 L | +17K | 56K | 33.2% | ₹1.85 | 1,480 | ₹164.45 | 111.9% | — | — | — |
| 17K | 0 | — | 38.9% | ₹1.55 | 1,490 | ₹114.65 | —% | — | — | — |
| 3.9 L | -1K | 1.0 L | 33.5% | ₹1.05 | 1,500 | ₹130.00 | —% | — | 0 | 2K |
| 56K | 0 | 2K | 34.8% | ₹0.85 | 1,510 | ₹129.45 | —% | — | — | — |
| 43K | -625 | 1K | 35.7% | ₹0.60 | 1,520 | ₹197.05 | 115.5% | — | — | — |
| — | — | — | 2.6% | ₹— | 1,530 | ₹— | —% | — | — | — |
| 1.1 L | 0 | 2K | 36.2% | ₹0.35 | 1,540 | ₹214.00 | 117.4% | — | — | — |
| — | — | — | 2.9% | ₹— | 1,550 | ₹— | —% | — | — | — |
| — | — | — | 84.8% | ₹11.10 | 1,560 | ₹231.40 | 119.6% | — | — | — |
| — | — | — | 3.2% | ₹— | 1,570 | ₹— | —% | — | — | — |
| — | — | — | 85.1% | ₹9.15 | 1,580 | ₹249.15 | 121.8% | — | — | — |
| — | — | — | 3.5% | ₹— | 1,590 | ₹— | —% | — | — | — |
| 23K | 0 | 1K | 47.3% | ₹0.45 | 1,600 | ₹267.20 | 124.2% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,610 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,620 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 1,630 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,640 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,650 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 1,660 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 1,670 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,680 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 1,690 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,700 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 1,710 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,720 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 1,740 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 1,760 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,780 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,820 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 1,860 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 1,880 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 1,900 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance holds firm at ₹1,875, where 1,000 contracts of call OI signal strong writer presence. Immediate support rests at ₹1,360–₹1,370, backed by elevated put OI buildup and acting as a near-term floor. The implied range, confined between ₹1,350 and ₹1,410, reflects consolidation ahead of broader directional commitment.
OI Buildup Activity
Fresh longs in calls are stacking at 1,380, 1,390, and 1,410, with OI surges of 26,250, 42,500, and 55,625 respectively, signaling aggressive call buying above spot. On the put side, 1,360 saw a massive addition of 1,88,125 contracts, suggesting strong defensive positioning and aggressive put writing. This asymmetric buildup reveals writers testing resistance high but building deep support closer to current price.
Volatility Read
ATM IV at 32.32% sits in a neutral zone, offering no skew-based edge for straddles or directional vega. Skew reads flat, implying balanced fear and greed with no pronounced put or call overpricing.
Strategy Implication
Bias leans toward range-bound positioning between 1,360 and 1,410, with upside calls hinting at controlled bullish accumulation.