Bajaj Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 900 | ₹— | —% | — | +13K | 2.8 L |
| 31K | +4K | — | —% | ₹— | 920 | ₹— | —% | — | -2K | 26K |
| 5K | 0 | — | —% | ₹— | 930 | ₹— | —% | — | — | — |
| 2K | 0 | — | —% | ₹— | 940 | ₹— | —% | — | -3K | 27K |
| 28K | 0 | — | —% | ₹— | 950 | ₹— | —% | — | +14K | 1.6 L |
| 98K | 0 | — | —% | ₹— | 960 | ₹— | —% | — | -5K | 1.2 L |
| 6K | 0 | — | —% | ₹— | 970 | ₹— | —% | — | +9K | 1.6 L |
| 2K | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 3.7 L |
| 750 | 0 | — | —% | ₹— | 990 | ₹— | —% | — | -2K | 1.7 L |
| 3.7 L | +750 | — | —% | ₹— | 1,000 | ₹— | —% | — | -9K | 17.7 L |
| 48K | 0 | — | —% | ₹— | 1,010 | ₹— | —% | — | -56K | 1.7 L |
| 1.2 L | -750 | — | —% | ₹— | 1,020 | ₹— | —% | — | +34K | 11.4 L |
| 1.6 L | -11K | — | —% | ₹— | 1,030 | ₹— | —% | — | +17K | 7.3 L |
| 3.0 L | -22K | — | —% | ₹— | 1,040 | ₹— | —% | — | +22K | 9.7 L |
| 10.7 L | -26K | — | —% | ₹— | 1,050 | ₹— | —% | — | -20K | 13.6 L |
| 10.1 L | +1.4 L | — | —% | ₹— | 1,060 | ₹— | —% | — | +76K | 8.9 L |
| 5.0 L | -28K | — | —% | ₹— | 1,070 | ₹— | —% | — | -32K | 4.7 L |
| 8.4 L | -16K | — | —% | ₹— | 1,080 | ₹— | —% | — | -17K | 5.4 L |
| 8.7 L | -94K | — | —% | ₹— | 1,090 | ₹— | —% | — | -10K | 3.8 L |
| 31.1 L | -1.8 L | — | —% | ₹— | 1,100ATM | ₹— | —% | — | -18K | 13.6 L |
| 7.4 L | -2K | — | —% | ₹— | 1,110 | ₹— | —% | — | 0 | 1.2 L |
| 17.4 L | -2K | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 1.7 L |
| 4.5 L | -750 | — | —% | ₹— | 1,130 | ₹— | —% | — | 0 | 57K |
| 5.6 L | +1.1 L | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 41K |
| 10.0 L | +16K | — | —% | ₹— | 1,150 | ₹— | —% | — | -750 | 7.6 L |
| 2.1 L | +14K | — | —% | ₹— | 1,160 | ₹— | —% | — | +12K | 68K |
| 6.9 L | -5K | — | —% | ₹— | 1,170 | ₹— | —% | — | 0 | 21K |
| 1.9 L | -6K | — | —% | ₹— | 1,180 | ₹— | —% | — | 0 | 2K |
| 1.1 L | 0 | — | —% | ₹— | 1,190 | ₹— | —% | — | 0 | 2K |
| 11.4 L | -17K | — | —% | ₹— | 1,200 | ₹— | —% | — | +2K | 2.2 L |
| 79K | -2K | — | —% | ₹— | 1,210 | ₹— | —% | — | 0 | 750 |
| 1.9 L | 0 | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 11K |
| 4K | 0 | — | —% | ₹— | 1,230 | ₹— | —% | — | 0 | 2K |
| 80K | -750 | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 7K |
| 1.0 L | 0 | — | —% | ₹— | 1,250 | ₹— | —% | — | — | — |
| 33K | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | — | — |
| 1.2 L | 0 | — | —% | ₹— | 1,300 | ₹— | —% | — | 0 | 44K |
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 clustering around the ₹1,100 call (31.02 L) and the ₹1,000 put (17.71 L), suggesting a resistance‑support band roughly between ₹1,000 and ₹1,100. The ATM spot of ₹1,060.5 sits near the centre of this band, implying that market participants expect the price to trade within this corridor for the September expiry. The relatively narrow OI concentration also indicates limited appetite for moves beyond the ₹1,100‑₹1,000 range, as both sides have built substantial positions at these strikes.
OI Buildup Activity
During the latest trading session, fresh OI inflows reinforce the existing clusters. Call writers add 1,38,750 contracts at the ₹1,060 strike, 1,07,250 at ₹1,140, and 15,750 at ₹1,150, showing that sellers are extending exposure just above the current spot. On the put side, new OI of 75,750 contracts accumulates at ₹1,060, with additional 33,000 at ₹1,020 and 22,500 at ₹1,040, indicating that buyers are fortifying support near the lower edge of the range. The net effect is a reinforced bandwidth where both call and put participants are positioning to profit from a bounded price movement.
Volatility Read
Implied volatility (IV) stands at 18.6 % for the ATM contract, reflecting modest price uncertainty as the expiry approaches. The volatility skew is bearish, with out‑of‑the‑money calls priced lower than equivalent puts, signalling market bias toward downside pressure.
Key OI Levels
The largest open‑interest concentrations are at the ₹1,100 call (31.02 L) and the ₹1,000 put (17.71 L).