Axis Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 8K |
| 0 | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 0 |
| 4K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | -8K | 1.4 L |
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | -21K | 1.4 L |
| 0 | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | -19K | 8.2 L |
| 1.1 L | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | -28K | 10.1 L |
| 43K | +625 | — | —% | ₹— | 1,180 | ₹— | —% | — | -20K | 15.1 L |
| 1.6 L | -1K | — | —% | ₹— | 1,200 | ₹— | —% | — | -9K | 10.6 L |
| 1.7 L | -7K | — | —% | ₹— | 1,220 | ₹— | —% | — | -23K | 6.6 L |
| 12.8 L | -78K | — | —% | ₹— | 1,240 | ₹— | —% | — | -2.1 L | 17.5 L |
| 13.8 L | -1.2 L | — | —% | ₹— | 1,260 | ₹— | —% | — | -56K | 18.9 L |
| 22.7 L | -5.8 L | — | —% | ₹— | 1,280 | ₹— | —% | — | +94K | 10.6 L |
| 36.8 L | +1.6 L | — | —% | ₹— | 1,300ATM | ₹— | —% | — | -37K | 8.7 L |
| 9.4 L | +87K | — | —% | ₹— | 1,320 | ₹— | —% | — | +19K | 1.4 L |
| 8.1 L | -84K | — | —% | ₹— | 1,340 | ₹— | —% | — | +6K | 1.0 L |
| 16.9 L | -25K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 71K |
| 1.6 L | +11K | — | —% | ₹— | 1,380 | ₹— | —% | — | +1K | 15K |
| 10.3 L | -11K | — | —% | ₹— | 1,400 | ₹— | —% | — | +4K | 69K |
| 95K | -5K | — | —% | ₹— | 1,420 | ₹— | —% | — | +625 | 26K |
| 23K | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 0 |
| 5K | 0 | — | —% | ₹— | 1,600 | ₹— | —% | — | — | — |
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 current open‑interest (OI) profile shows a pronounced concentration around the 1,260‑1,280 ₹ call corridor and the 1,280‑1,300 ₹ put corridor, suggesting that market participants are anchoring the near‑term price range between roughly 1,260 ₹ and 1,300 ₹. The highest call OI sits at the 1,260 ₹ strike, which historically acts as a resistance zone, while the largest put OI is clustered at 1,280 ₹, providing a supportive floor. This OI distribution frames the implied range that traders are pricing into the September expiry.
OI Buildup Activity
During the latest trading session, fresh call OI accumulates at 1,300 ₹ (+1,62,500 contracts), 1,320 ₹ (+84,375 contracts), and 1,380 ₹ (+11,250 contracts), indicating that writers are adding exposure above the current spot. On the put side, new positions emerge at 1,280 ₹ (+93,750 contracts), 1,320 ₹ (+20,000 contracts), and 1,340 ₹ (+6,250 contracts), reflecting additional downside protection being taken in the 1,280‑1,340 ₹ band. The net OI flow suggests a balanced approach, with market makers positioning both above and below the spot level to manage risk around the prevailing price.
Volatility Read
The at‑the‑money implied volatility stands at 14.56 %, signaling relatively modest price turbulence for the September contract. The volatility skew remains neutral, indicating no pronounced bias toward either calls or puts in the current market pricing.
Key OI Levels
The strike with the largest call OI is 1,260 ₹ (0 contracts), and the strike with the largest put OI is 1,280 ₹ (8,125 contracts).