Bank of India

NSE: BANKINDIAFinancial ServicesLot size: 5200

Bank of India Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
3.45 Cr
Total PE OI
2.85 Cr
PCR
0.83Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
00%120%05K
00%125%-42K7.1 L
00%127.5%+94K94K
2.3 L0%130%+1.1 L26.8 L
26K+16K%132.5%+5.7 L8.1 L
6.8 L0%135%+21K29.4 L
8.0 L0%137.5%+5K37.8 L
20.0 L+94K%140%+1.2 L48.2 L
7.7 L-26K%142.5%+1.2 L38.4 L
54.8 L-4.5 L%145ATM%+4.5 L44.2 L
21.0 L-3.3 L%147.5%+78K5.5 L
55.7 L-2.0 L%150%+21K15.8 L
17.7 L+52K%152.5%021K
68.6 L+42K%155%-1.1 L9.4 L
00%157.5%00
26.8 L+3.1 L%160%012.7 L
55.5 L-83K%165%068K

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

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Key Strike Levels

The open‑interest (OI) picture shows a tight cluster around the ₹140‑₹152.5 corridor for calls and the ₹132.5‑₹145 corridor for puts. The largest call OI sits at the ₹100 strike, which traditionally acts as a resistance ceiling, while the biggest put OI also sits at the ₹100 strike, representing a support floor. With spot trading at ₹145, the implied range implied by the OI concentration spans roughly ₹140 to ₹152.5 on the upside and ₹132.5 to ₹145 on the downside.

OI Buildup Activity

During the latest reporting window, fresh call OI accrues at the ₹160 strike (+3 contracts, ₹17,200), at ₹140 (+88 contracts, ₹400,000) and at ₹152.5 (+52 contracts, ₹0). In the put side, new OI appears at the ₹132.5 strike (+5 contracts, ₹72,000), at ₹145 (+4 contracts, ₹42,000) and at ₹142.5 (+1 contract, ₹24,800). These additions suggest that option writers are positioning to collect premium near the key resistance and support levels, while also hedging near the current spot. The modest magnitude of the fresh builds indicates a balanced sentiment rather than aggressive directional positioning.

Volatility Read

The at‑the‑money (ATM) implied volatility stands at 21.35 %, reflecting moderate expectations of price movement over the remaining 25 days to expiry. The volatility skew is neutral, indicating no pronounced bias toward either calls or puts.

Key OI Levels

The strikes with the highest open interest are ₹100 for both calls (resistance) and puts (support).

Frequently Asked Questions

What is the highest call OI strike for Bank of India today?
The strike with highest call (CE) open interest for Bank of India is ₹155 for the 2026-09-29 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Bank of India today?
The strike with highest put (PE) open interest for Bank of India is ₹140 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Bank of India options mean?
Open Interest (OI) buildup in Bank of India options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Bank of India options expire?
Bank of India options have their nearest expiry on 2026-09-29. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Bank of India option chain?
The Bank of India option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.