Bandhan Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 125 | ₹— | —% | — | +5.3 L | 6.6 L |
| 0 | 0 | — | —% | ₹— | 127.5 | ₹— | —% | — | +1.2 L | 2.8 L |
| 7K | 0 | — | —% | ₹— | 130 | ₹— | —% | — | +5.2 L | 16.4 L |
| 0 | 0 | — | —% | ₹— | 132.5 | ₹— | —% | — | +54K | 61K |
| 4K | 0 | — | —% | ₹— | 135 | ₹— | —% | — | +3.9 L | 9.0 L |
| 4K | 0 | — | —% | ₹— | 137.5 | ₹— | —% | — | +4K | 1.7 L |
| 1.6 L | +29K | — | —% | ₹— | 140 | ₹— | —% | — | +14.1 L | 25.9 L |
| 22K | 0 | — | —% | ₹— | 142.5 | ₹— | —% | — | +1.0 L | 8.4 L |
| 1.9 L | +68K | — | —% | ₹— | 145 | ₹— | —% | — | +9.3 L | 14.0 L |
| 1.3 L | +1.0 L | — | —% | ₹— | 147.5 | ₹— | —% | — | +18K | 6.3 L |
| 14.9 L | +54K | — | —% | ₹— | 150 | ₹— | —% | — | +1.0 L | 25.1 L |
| 4.9 L | +1.4 L | — | —% | ₹— | 152.5 | ₹— | —% | — | +2.6 L | 5.8 L |
| 14.0 L | +7.6 L | — | —% | ₹— | 155 | ₹— | —% | — | +7.9 L | 14.7 L |
| 14.1 L | +11.6 L | — | —% | ₹— | 157.5 | ₹— | —% | — | +7.2 L | 9.6 L |
| 59.7 L | +20.9 L | — | —% | ₹— | 160ATM | ₹— | —% | — | +8.5 L | 22.8 L |
| 4.7 L | +2.6 L | — | —% | ₹— | 162.5 | ₹— | —% | — | +1.8 L | 7.3 L |
| 13.2 L | +3.4 L | — | —% | ₹— | 165 | ₹— | —% | — | -4K | 14.3 L |
| 2.7 L | +1.6 L | — | —% | ₹— | 167.5 | ₹— | —% | — | 0 | 43K |
| 42.4 L | +14.9 L | — | —% | ₹— | 170 | ₹— | —% | — | +7K | 7.5 L |
| 2.8 L | +2.0 L | — | —% | ₹— | 172.5 | ₹— | —% | — | 0 | 18K |
| 28.8 L | -3.2 L | — | —% | ₹— | 175 | ₹— | —% | — | 0 | 1.5 L |
| 2.1 L | -43K | — | —% | ₹— | 177.5 | ₹— | —% | — | 0 | 4K |
| 22.3 L | +6.2 L | — | —% | ₹— | 180 | ₹— | —% | — | 0 | 5.8 L |
| 1.1 L | -7K | — | —% | ₹— | 182.5 | ₹— | —% | — | 0 | 4K |
| 5.8 L | +3.2 L | — | —% | ₹— | 185 | ₹— | —% | — | 0 | 1.3 L |
| 97K | +14K | — | —% | ₹— | 187.5 | ₹— | —% | — | 0 | 4K |
| 12.4 L | +2.3 L | — | —% | ₹— | 190 | ₹— | —% | — | 0 | 11.1 L |
| 0 | 0 | — | —% | ₹— | 192.5 | ₹— | —% | — | 0 | 0 |
| 3.3 L | +1.0 L | — | —% | ₹— | 195 | ₹— | —% | — | 0 | 50K |
| 13.8 L | +5.4 L | — | —% | ₹— | 200 | ₹— | —% | — | 0 | 4.4 L |
| 4K | 0 | — | —% | ₹— | 205 | ₹— | —% | — | 0 | 36K |
| 1.3 L | -11K | — | —% | ₹— | 210 | ₹— | —% | — | — | — |
| 90K | 0 | — | —% | ₹— | 220 | ₹— | —% | — | — | — |
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 160‑strike call contract holds the largest open interest at 100 contracts, marking a near‑term resistance level around ₹160‑₹165 and signals growing trader confidence. On the put side, the 140‑strike accumulates the highest open interest at 100 contracts, creating a support zone near ₹138‑₹142 providing a cushion against downside volatility. Combined, the concentrated OI suggests an implied price corridor roughly between ₹140 and ₹165, aligning with the current spot of ₹155.36. These bounds also encompass active strike clusters observed today.
OI Buildup Activity
Fresh call open interest adds 20 contracts at 160, 14 contracts at 170, and 11 contracts at 157.5, indicating writers are expanding exposure near the upper range. Put side additions comprise 13 contracts at 140, 8 contracts at 145, and 8 contracts at 160, reflecting defensive positioning around the lower range. Overall, the OI buildup aligns with a balanced writer sentiment, with neither side showing a pronounced bias toward bullish or bearish extremes.
Volatility Read
The at‑the‑money implied volatility stands at 51.53%, indicating moderate premium levels for near‑date contracts. This level aligns with historical averages for the stock. The volatility skew is neutral, suggesting equal cost pressure for calls and puts across the examined strikes, denoting balanced supply‑demand dynamics.
Key OI Levels
The highest call OI resides at the 160 strike while the highest put OI is concentrated at the 140 strike.