Bajaj Finserv Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | +13K | 15K |
| 7K | 0 | — | —% | ₹— | 1,400 | ₹— | —% | — | +1.4 L | 1.4 L |
| 2K | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | +25K | 47K |
| 600 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +47K | 47K |
| 300 | 0 | — | —% | ₹— | 1,500 | ₹— | —% | — | +10K | 1.4 L |
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | -24K | 80K |
| 0 | 0 | — | —% | ₹— | 1,540 | ₹— | —% | — | +16K | 45K |
| 0 | 0 | — | —% | ₹— | 1,560 | ₹— | —% | — | +7K | 4.4 L |
| 300 | 0 | — | —% | ₹— | 1,580 | ₹— | —% | — | +6K | 32K |
| 23K | +8K | — | —% | ₹— | 1,600 | ₹— | —% | — | +8K | 64K |
| 61K | +51K | — | —% | ₹— | 1,620 | ₹— | —% | — | +17K | 37K |
| 78K | +38K | — | —% | ₹— | 1,640 | ₹— | —% | — | +60K | 1.4 L |
| 2.7 L | +1.9 L | — | —% | ₹— | 1,660ATM | ₹— | —% | — | +50K | 2.3 L |
| 99K | +24K | — | —% | ₹— | 1,680 | ₹— | —% | — | +28K | 1.1 L |
| 3.1 L | +62K | — | —% | ₹— | 1,700 | ₹— | —% | — | +3K | 1.4 L |
| 63K | +20K | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 45K |
| 4.4 L | +4K | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 24K |
| 44K | +14K | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 10K |
| 40K | +14K | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 9K |
| 2.0 L | +55K | — | —% | ₹— | 1,800 | ₹— | —% | — | +900 | 54K |
| 33K | +2K | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 3K |
| 43K | +26K | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 3K |
| 1.7 L | +1.5 L | — | —% | ₹— | 1,860 | ₹— | —% | — | 0 | 3K |
| 17K | +4K | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 6K |
| 91K | +4K | — | —% | ₹— | 1,900 | ₹— | —% | — | +300 | 68K |
| 17K | +8K | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 0 |
| 15K | -8K | — | —% | ₹— | 1,940 | ₹— | —% | — | 0 | 5K |
| 3K | +2K | — | —% | ₹— | 1,960 | ₹— | —% | — | +300 | 600 |
| 81K | +11K | — | —% | ₹— | 2,000 | ₹— | —% | — | 0 | 94K |
| 68K | +600 | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 1.3 L |
| — | — | — | —% | ₹— | 2,200 | ₹— | —% | — | 0 | 99K |
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 is heavily stacked around the 1,660 call and the 1,400 put strikes. These concentrations suggest a resistance ceiling near 1,660 and a support floor around 1,400, which aligns with historical price clusters and the observed liquidity tilt. Consequently, the implied forward range for the underlying lies roughly between 1,400 and 1,660, with the current spot of 1,652.4 positioned near the upper bound of that band. This positioning implies limited upside potential unless breakout volume exceeds current OI thresholds.
OI Buildup Activity
Fresh call open‑interest adds of 1,85,100 contracts at 1,660, 1,53,000 at 1,860 and 61,800 at 1,700 indicate aggressive writing of near‑term upside exposure. On the put side, new builds of 1,41,300 contracts at 1,400, 60,900 at 1,640 and 49,800 at 1,660 reveal accumulating downside protection. The distribution mirrors a defensive bias as traders brace for potential volatility spikes. The pattern reflects market participants reinforcing both protective puts and covered calls around the current price level.
Volatility Read
The at‑the‑money implied volatility stands at 28.35%, indicating moderate price uncertainty for the next month. This level is marginally above the 30‑day historical average, suggesting slightly elevated risk premia. The volatility skew is neutral, showing that out‑of‑the‑money calls and puts are priced symmetrically. Such a flat skew often points to consistent demand across strikes without pronounced directional bias.
Key OI Levels
The highest call open‑interest sits at the 1,660 strike, while the highest put open‑interest concentrates at the 1,400 strike.