Bajaj Finserv Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 47K | 0 | — | —% | ₹— | 1,640 | ₹— | —% | — | -600 | 2K |
| 19K | 0 | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 1,720 | ₹— | —% | — | -300 | 4K |
| — | — | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 17K |
| 0 | 0 | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 0 |
| — | — | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 1K |
| 6K | 0 | — | —% | ₹— | 1,800 | ₹— | —% | — | -2K | 1.5 L |
| 300 | 0 | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 1,840 | ₹— | —% | — | -2K | 3.9 L |
| 2K | 0 | — | —% | ₹— | 1,860 | ₹— | —% | — | -300 | 3.9 L |
| 2K | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | -6K | 1.1 L |
| 52K | -600 | — | —% | ₹— | 1,900 | ₹— | —% | — | -600 | 5.2 L |
| 28K | 0 | — | —% | ₹— | 1,920 | ₹— | —% | — | +5K | 80K |
| 21K | +3K | — | —% | ₹— | 1,940 | ₹— | —% | — | +2K | 1.6 L |
| 1.3 L | +16K | — | —% | ₹— | 1,960 | ₹— | —% | — | +11K | 1.2 L |
| 2.5 L | +95K | — | —% | ₹— | 1,980 | ₹— | —% | — | +57K | 2.1 L |
| 7.5 L | +39K | — | —% | ₹— | 2,000 | ₹— | —% | — | +50K | 3.4 L |
| 12.1 L | +5.1 L | — | —% | ₹— | 2,020ATM | ₹— | —% | — | +2K | 81K |
| 1.7 L | +10K | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 40K |
| 5.1 L | +2K | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 51K |
| 2.9 L | +26K | — | —% | ₹— | 2,080 | ₹— | —% | — | 0 | 88K |
| 7.2 L | +73K | — | —% | ₹— | 2,100 | ₹— | —% | — | +300 | 50K |
| 1.1 L | +2K | — | —% | ₹— | 2,120 | ₹— | —% | — | 0 | 2K |
| 6.2 L | -5K | — | —% | ₹— | 2,140 | ₹— | —% | — | +900 | 4K |
| 2.3 L | -300 | — | —% | ₹— | 2,160 | ₹— | —% | — | 0 | 900 |
| 29K | 0 | — | —% | ₹— | 2,180 | ₹— | —% | — | 0 | 7K |
| 1.7 L | +15K | — | —% | ₹— | 2,200 | ₹— | —% | — | 0 | 80K |
| 23K | -1K | — | —% | ₹— | 2,220 | ₹— | —% | — | 0 | 300 |
| 900 | +300 | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 2,260 | ₹— | —% | — | — | — |
| 0 | 0 | — | —% | ₹— | 2,280 | ₹— | —% | — | 0 | 0 |
| 11K | -900 | — | —% | ₹— | 2,320 | ₹— | —% | — | 0 | 2K |
| 2K | -300 | — | —% | ₹— | 2,360 | ₹— | —% | — | 0 | 300 |
| 300 | 0 | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 3K |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
Call open interest (OI) clusters around the 2020, 1980, and 2100 strikes, together accounting for roughly 28 % of total call contracts. These concentrations define a bullish support corridor between ₹1 960 and ₹2 020, while the 2 100 level marks a potential resistance ceiling for the underlying, and the concentration of OI at 1 960 and 2 020 underscores a trading range that historical price action has respected during volatility spikes. Implied volatility suggests the market expects the price to oscillate within this band, with the 2 060–2 200 region acting as a natural price target.
OI Buildup Activity
New call OI adds of 10,900 contracts at 2020, 95,700 at 1980, and 73,200 at 2100 indicate that sellers are reinforcing positions near these strike levels. On the put side, fresh OI inflows of 57,600 at 1980, 48,300 at 2000, and 11,100 at 1960 reflect writers stacking protective downside cushions. The symmetrical magnitude of additions on both sides suggests a balanced market view, with participants hedging while preserving delta exposure around the current spot of ₹1 970.
Volatility Read
The at‑the‑money implied volatility stands at 16.94 %, placing it slightly above the sector average and indicating premium demand on average daily. Put‑call skew is negative, confirming a bearish bias as market participants price a higher probability of downside movement.
Key OI Levels
The highest open interest resides at the 2 120 strike for both calls (1120 contracts) and puts (1120 contracts), acting as the principal resistance and support respectively.