Bajaj Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 760 | ₹— | —% | — | +32K | 62K |
| 0 | 0 | — | —% | ₹— | 780 | ₹— | —% | — | +1.7 L | 2.2 L |
| 8K | +750 | — | —% | ₹— | 800 | ₹— | —% | — | +3.0 L | 4.7 L |
| 0 | 0 | — | —% | ₹— | 810 | ₹— | —% | — | +31K | 31K |
| 0 | 0 | — | —% | ₹— | 820 | ₹— | —% | — | +8K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 830 | ₹— | —% | — | +14K | 1.2 L |
| 0 | 0 | — | —% | ₹— | 840 | ₹— | —% | — | +66K | 2.7 L |
| 5K | 0 | — | —% | ₹— | 850 | ₹— | —% | — | +17K | 3.4 L |
| 6K | +5K | — | —% | ₹— | 860 | ₹— | —% | — | +35K | 2.9 L |
| 74K | 0 | — | —% | ₹— | 870 | ₹— | —% | — | +65K | 3.0 L |
| 26K | +2K | — | —% | ₹— | 880 | ₹— | —% | — | +71K | 8.2 L |
| 96K | +48K | — | —% | ₹— | 890 | ₹— | —% | — | +73K | 2.4 L |
| 5.2 L | +59K | — | —% | ₹— | 900 | ₹— | —% | — | +3.2 L | 12.0 L |
| 4.7 L | +1.6 L | — | —% | ₹— | 910 | ₹— | —% | — | +24K | 5.7 L |
| 12.3 L | +2.0 L | — | —% | ₹— | 920 | ₹— | —% | — | +13K | 12.4 L |
| 12.3 L | +3.3 L | — | —% | ₹— | 930 | ₹— | —% | — | -15K | 8.9 L |
| 7.5 L | -1.1 L | — | —% | ₹— | 940 | ₹— | —% | — | -8K | 3.9 L |
| 9.6 L | +64K | — | —% | ₹— | 950 | ₹— | —% | — | +5K | 4.9 L |
| 6.3 L | +21K | — | —% | ₹— | 960 | ₹— | —% | — | 0 | 3.9 L |
| 9.8 L | -10K | — | —% | ₹— | 970 | ₹— | —% | — | 0 | 2.8 L |
| 8.8 L | +47K | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 5.6 L |
| 3.1 L | +56K | — | —% | ₹— | 990 | ₹— | —% | — | 0 | 11K |
| 23.8 L | +81K | — | —% | ₹— | 1,000ATM | ₹— | —% | — | +17K | 5.1 L |
| 1.9 L | -23K | — | —% | ₹— | 1,010 | ₹— | —% | — | 0 | 5K |
| 4.4 L | +38K | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 60K |
| 3.2 L | +2.0 L | — | —% | ₹— | 1,030 | ₹— | —% | — | 0 | 13K |
| 4.2 L | +5K | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 1.2 L |
| 4.7 L | +57K | — | —% | ₹— | 1,050 | ₹— | —% | — | 0 | 1.2 L |
| 1.1 L | +23K | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 81K |
| 32K | +4K | — | —% | ₹— | 1,070 | ₹— | —% | — | -2K | 20K |
| 53K | -15K | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 83K |
| 5.7 L | -3.1 L | — | —% | ₹— | 1,100 | ₹— | —% | — | +1.2 L | 10.4 L |
| 31K | -2K | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 9K |
| 44K | -23K | — | —% | ₹— | 1,140 | ₹— | —% | — | -1.2 L | 2.5 L |
| 52K | +2K | — | —% | ₹— | 1,200 | ₹— | —% | — | — | — |
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 call open interest peaks at the 1000 strike with 23,75,250 contracts, marking a strong resistance zone. Put open interest is concentrated at the 1100 strike with 10,38,000 contracts, indicating a solid support level. The implied price range, derived from the ATM IV of 26.5%, spans roughly ₹850‑₹985, framing the current spot of ₹917.25. The delta profile suggests that moves above 1030 may trigger unwinding of call positions. Current gamma exposure peaks around the 950‑1050 band today.
OI Buildup Activity
Fresh buildup is evident at the 930 call, which added 3,34,500 contracts, suggesting bullish writers are positioning near the upside barrier. The 1030 call accumulated an additional 2,04,750 contracts, reinforcing the resistance cluster. On the downside, the 900 put saw an influx of 3,15,750 contracts, while the 800 put attracted 3,01,500 contracts, highlighting defensive positioning around the support zone. The accumulation at 800 put and 900 put reflects hedgers protecting portfolios against a decline.
Volatility Read
The at‑the‑money implied volatility stands at 26.5%, reflecting moderate uncertainty ahead of the November expiry. The volatility skew remains neutral, indicating balanced demand for calls and puts across strikes. The skew implies that market participants do not favor asymmetric risk premia at this moment.
Key OI Levels
The highest call open interest resides at the 1000 strike, and the highest put open interest is at the 1100 strike. These concentrations guide liquidity pockets for large traders during the final week before expiry.