Bharat Dynamics Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 5K | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | -425 | 17K |
| 1.4 L | -2K | — | —% | ₹— | 1,080 | ₹— | —% | — | -10K | 53K |
| 3K | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | -1.0 L | 1.7 L |
| 0 | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | -19K | 79K |
| 1K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | -46K | 2.0 L |
| 1K | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | -30K | 1.4 L |
| 97K | -425 | — | —% | ₹— | 1,200 | ₹— | —% | — | -21K | 4.0 L |
| 93K | +12K | — | —% | ₹— | 1,220 | ₹— | —% | — | +3K | 1.5 L |
| 2.8 L | +3K | — | —% | ₹— | 1,240 | ₹— | —% | — | +38K | 4.5 L |
| 4.7 L | -42K | — | —% | ₹— | 1,260 | ₹— | —% | — | +58K | 4.6 L |
| 3.7 L | +82K | — | —% | ₹— | 1,280 | ₹— | —% | — | +30K | 2.6 L |
| 9.5 L | +40K | — | —% | ₹— | 1,300 | ₹— | —% | — | -2K | 6.1 L |
| 3.1 L | +4K | — | —% | ₹— | 1,320 | ₹— | —% | — | -10K | 1.4 L |
| 4.2 L | -63K | — | —% | ₹— | 1,340 | ₹— | —% | — | +425 | 3.6 L |
| 5.4 L | -27K | — | —% | ₹— | 1,360 | ₹— | —% | — | +425 | 2.9 L |
| 3.4 L | +27K | — | —% | ₹— | 1,380 | ₹— | —% | — | -3K | 90K |
| 19.0 L | -2.2 L | — | —% | ₹— | 1,400ATM | ₹— | —% | — | -425 | 3.6 L |
| 3.4 L | +57K | — | —% | ₹— | 1,420 | ₹— | —% | — | 0 | 8K |
| 3.0 L | -6K | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 7K |
| 1.3 L | -26K | — | —% | ₹— | 1,460 | ₹— | —% | — | 0 | 33K |
| 71K | -3K | — | —% | ₹— | 1,480 | ₹— | —% | — | +850 | 22K |
| 5.2 L | +20K | — | —% | ₹— | 1,500 | ₹— | —% | — | 0 | 26K |
| 91K | +1K | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 5K |
| 61K | -425 | — | —% | ₹— | 1,560 | ₹— | —% | — | 0 | 4K |
| 3.0 L | +2K | — | —% | ₹— | 1,600 | ₹— | —% | — | 0 | 29K |
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 highest open‑interest (OI) sits at the 1,000 ₹ call (CE) and 1,000 ₹ put (PE), anchoring a resistance and support band respectively. The current spot of 1,255 ₹ sits above the PE‑heavy zone and beneath the leading call strikes, establishing an implied price corridor roughly between 1,240 ₹ and 1,420 ₹. This range reflects the market’s collective view of near‑term directional bias.
OI Buildup Activity
Fresh OI accumulates aggressively at the 1,280 ₹ CE (+85,000 contracts), 1,420 ₹ CE (+57,800), and 1,300 ₹ CE (+39,525), indicating new long‑call positioning around the upper side of the implied range. On the downside, the 1,260 ₹ PE adds 60,775 contracts, followed by 1,240 ₹ PE (+37,825) and 1,280 ₹ PE (+29,750), showing fresh protective‑put or short‑call exposure. The simultaneous buildup in both wings suggests that market makers are adjusting hedge ratios while participants reinforce existing support and resistance levels.
Volatility Read
Implied volatility stands at 29.59 % for the at‑the‑money strike, indicating relatively elevated pricing of forward risk. The skew is bearish, with higher implied volatilities priced into out‑of‑the‑money puts than calls, implying a bias toward downside protection.
Key OI Levels
The strikes with the highest OI concentration are the 1,000 ₹ call (CE) and the 1,000 ₹ put (PE).