Bajaj Auto Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 7,800 | ₹— | —% | — | +300 | 300 |
| 0 | 0 | — | —% | ₹— | 8,000 | ₹— | —% | — | +1K | 2K |
| 0 | 0 | — | —% | ₹— | 8,200 | ₹— | —% | — | +450 | 450 |
| 0 | 0 | — | —% | ₹— | 8,400 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 8,500 | ₹— | —% | — | -75 | 0 |
| 0 | 0 | — | —% | ₹— | 8,600 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 8,700 | ₹— | —% | — | -2K | 2K |
| 0 | 0 | — | —% | ₹— | 8,800 | ₹— | —% | — | -975 | 975 |
| 0 | 0 | — | —% | ₹— | 8,900 | ₹— | —% | — | -75 | 675 |
| 75 | 0 | — | —% | ₹— | 9,000 | ₹— | —% | — | -7K | 33K |
| 0 | 0 | — | —% | ₹— | 9,100 | ₹— | —% | — | -1K | 5K |
| 0 | 0 | — | —% | ₹— | 9,200 | ₹— | —% | — | +7K | 18K |
| 0 | 0 | — | —% | ₹— | 9,300 | ₹— | —% | — | +1K | 15K |
| 0 | 0 | — | —% | ₹— | 9,400 | ₹— | —% | — | -2K | 13K |
| 2K | +225 | — | —% | ₹— | 9,500 | ₹— | —% | — | -4K | 31K |
| 375 | 0 | — | —% | ₹— | 9,600 | ₹— | —% | — | +6K | 13K |
| 900 | 0 | — | —% | ₹— | 9,700 | ₹— | —% | — | +23K | 45K |
| 4K | 0 | — | —% | ₹— | 9,800 | ₹— | —% | — | +4K | 19K |
| 4K | 0 | — | —% | ₹— | 9,900 | ₹— | —% | — | -6K | 28K |
| 56K | -2K | — | —% | ₹— | 10,000 | ₹— | —% | — | +69K | 2.0 L |
| 11K | -975 | — | —% | ₹— | 10,100 | ₹— | —% | — | +7K | 31K |
| 47K | -6K | — | —% | ₹— | 10,200 | ₹— | —% | — | -1K | 62K |
| 48K | -2K | — | —% | ₹— | 10,300 | ₹— | —% | — | +2K | 44K |
| 56K | -1K | — | —% | ₹— | 10,400 | ₹— | —% | — | +5K | 73K |
| 1.4 L | +2K | — | —% | ₹— | 10,500ATM | ₹— | —% | — | +13K | 2.2 L |
| 79K | +25K | — | —% | ₹— | 10,600 | ₹— | —% | — | +22K | 33K |
| 1.1 L | +75K | — | —% | ₹— | 10,700 | ₹— | —% | — | +18K | 22K |
| 1.2 L | +89K | — | —% | ₹— | 10,800 | ₹— | —% | — | +6K | 24K |
| 39K | +20K | — | —% | ₹— | 10,900 | ₹— | —% | — | +5K | 23K |
| 2.5 L | +26K | — | —% | ₹— | 11,000 | ₹— | —% | — | +4K | 27K |
| 32K | +7K | — | —% | ₹— | 11,100 | ₹— | —% | — | +2K | 2K |
| 66K | +20K | — | —% | ₹— | 11,200 | ₹— | —% | — | +2K | 2K |
| 24K | +9K | — | —% | ₹— | 11,300 | ₹— | —% | — | 0 | 225 |
| 20K | +11K | — | —% | ₹— | 11,400 | ₹— | —% | — | 0 | 2K |
| 1.3 L | +41K | — | —% | ₹— | 11,500 | ₹— | —% | — | 0 | 5K |
| 14K | +5K | — | —% | ₹— | 11,600 | ₹— | —% | — | 0 | 75 |
| 14K | +14K | — | —% | ₹— | 11,700 | ₹— | —% | — | 0 | 0 |
| 12K | +8K | — | —% | ₹— | 11,800 | ₹— | —% | — | 0 | 225 |
| 10K | +9K | — | —% | ₹— | 11,900 | ₹— | —% | — | 0 | 0 |
| 1.8 L | +78K | — | —% | ₹— | 12,000 | ₹— | —% | — | 0 | 4K |
| 6K | +4K | — | —% | ₹— | 12,200 | ₹— | —% | — | 0 | 0 |
| 7K | +6K | — | —% | ₹— | 12,400 | ₹— | —% | — | 0 | 375 |
| 22K | +19K | — | —% | ₹— | 12,600 | ₹— | —% | — | +150 | 1K |
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 picture shows a pronounced cluster around the 11,000‑strike call contract, with 2,49,450 contracts forming a clear resistance zone above the current spot of 10,485. On the put side, the 10,500 strike accumulates 2,19,300 contracts, establishing a supportive cushion just below the market level. Together these concentrations delineate an implied price corridor roughly between 10,500 and 11,000 for the November expiry, offering a clear pricing band.
OI Buildup Activity
Fresh call open interest adds are evident at 10,800 (+89,625), 12,000 (+77,625) and 10,700 (+75,600), indicating that option writers are layering protection above the spot while preserving capital for potential upside moves in. On the downside, put open interest builds at 10,000 (+69,000), 9,700 (+23,475) and 10,600 (+22,350), suggesting additional hedging beneath the current price and strengthening downside risk buffers today. The magnitude of these additions reinforces that market participants are net‑shorting the underlying while retaining sizeable collateral across the bracket and maintaining liquidity across strikes.
Volatility Read
The at‑the‑money implied volatility stands at 22.79%, reflecting moderate pricing for the near‑term horizon vs historical norms. The skew is bearish, with put premiums priced higher than calls, indicating a bias toward downside protection favoring protective strategies today.
Key OI Levels
The highest call OI resides at the 11,000 strike (2,49,450 contracts) and the highest put OI at the 10,500 strike (2,19,300 contracts) as liquidity hubs.