Bharat Dynamics Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 600 | ₹— | 18.2% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 16.8% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 820 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 860 | ₹— | 10.3% | — | — | — |
| 700 | 0 | — | —% | ₹492.80 | 880 | ₹1.65 | —% | — | — | — |
| — | — | — | —% | ₹— | 900 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹483.10 | 920 | ₹0.70 | —% | 350 | 0 | 26K |
| — | — | — | —% | ₹— | 940 | ₹— | 8.3% | — | — | — |
| 3K | +350 | 1K | —% | ₹428.65 | 960 | ₹0.70 | —% | 1K | 0 | 1.3 L |
| — | — | — | —% | ₹285.40 | 980 | ₹14.10 | —% | — | — | — |
| 16K | 0 | 350 | —% | ₹393.50 | 1,000 | ₹0.65 | —% | 82K | +28K | 1.6 L |
| — | — | — | —% | ₹252.55 | 1,020 | ₹0.20 | 79.7% | — | 0 | 9K |
| 350 | +350 | 700 | —% | ₹348.90 | 1,040 | ₹0.95 | —% | — | 0 | 19K |
| 350 | 0 | — | —% | ₹311.65 | 1,060 | ₹0.90 | 87.8% | 2.9 L | +6K | 33K |
| 15K | 0 | — | 62.7% | ₹292.15 | 1,080 | ₹0.75 | 80.0% | 65K | +5K | 51K |
| 76K | -1K | 4K | —% | ₹278.00 | 1,100 | ₹0.90 | 76.8% | 3.3 L | -14K | 2.0 L |
| 41K | 0 | — | —% | ₹231.30 | 1,120 | ₹1.25 | 75.2% | 4K | -1K | 33K |
| 50K | 0 | 350 | —% | ₹231.35 | 1,140 | ₹1.05 | 67.9% | 21K | -5K | 59K |
| 40K | -350 | 1K | —% | ₹219.00 | 1,160 | ₹1.10 | 63.2% | 15K | -6K | 79K |
| 87K | 0 | — | —% | ₹187.30 | 1,180 | ₹1.30 | 59.3% | 7K | -1K | 95K |
| 2.2 L | -2K | 7K | —% | ₹187.50 | 1,200 | ₹1.60 | 56.0% | 1.1 L | -21K | 1.5 L |
| 85K | -350 | 3K | 40.5% | ₹162.65 | 1,220 | ₹2.00 | 53.1% | 65K | +11K | 1.8 L |
| 33K | -1K | 8K | 47.0% | ₹153.55 | 1,240 | ₹2.40 | 49.3% | 28K | -1K | 89K |
| 49K | -1K | 5K | 45.0% | ₹122.00 | 1,260 | ₹3.45 | 47.1% | 26K | -5K | 44K |
| 69K | +1K | 8K | 23.2% | ₹102.60 | 1,280 | ₹4.65 | 44.5% | 31K | -2K | 88K |
| 1.2 L | -6K | 20K | 37.1% | ₹84.55 | 1,300 | ₹6.85 | 42.7% | 75K | +1K | 2.2 L |
| 79K | -4K | 32K | 36.8% | ₹68.00 | 1,320 | ₹10.45 | 42.1% | 1.0 L | +9K | 65K |
| 1.0 L | -7K | 34K | 36.6% | ₹52.60 | 1,340 | ₹14.90 | 41.2% | 1.7 L | +700 | 1.2 L |
| 2.7 L | -15K | 1.5 L | 37.0% | ₹40.05 | 1,360 | ₹22.35 | 42.0% | 2.4 L | +39K | 2.9 L |
| 2.4 L | +12K | 6.2 L | 37.5% | ₹30.00 | 1,380 | ₹32.00 | 41.5% | 1.3 L | +22K | 1.1 L |
| 5.1 L | +91K | 12.1 L | 36.8% | ₹21.05 | 1,400ATM | ₹43.55 | 41.4% | 1.0 L | +6K | 96K |
| 1.4 L | +38K | 2.5 L | 37.9% | ₹14.10 | 1,420 | ₹52.65 | 39.4% | 3K | +1K | 15K |
| 1.4 L | +8K | 3.3 L | 38.0% | ₹9.30 | 1,440 | ₹89.50 | 60.6% | — | 0 | 24K |
| 1.9 L | +5K | 1.6 L | 37.7% | ₹5.75 | 1,460 | ₹83.00 | 42.0% | 1K | 0 | 3K |
| 1.2 L | +2K | 62K | 38.8% | ₹3.85 | 1,480 | ₹95.20 | 36.6% | 350 | 0 | 6K |
| 1.8 L | -14K | 2.7 L | 40.8% | ₹2.75 | 1,500 | ₹120.85 | —% | — | 0 | 38K |
| 39K | -350 | 25K | 42.2% | ₹1.90 | 1,520 | ₹193.95 | 126.6% | — | 0 | 6K |
| — | — | — | 2.5% | ₹— | 1,540 | ₹— | —% | — | — | — |
| 97K | +63K | 1.2 L | 45.1% | ₹1.05 | 1,560 | ₹337.90 | 279.9% | — | 0 | 2K |
| — | — | — | 3.1% | ₹— | 1,580 | ₹— | —% | — | — | — |
| 88K | -48K | 1.6 L | 48.0% | ₹0.60 | 1,600 | ₹223.15 | 70.0% | 13K | -1K | 46K |
| — | — | — | 3.6% | ₹— | 1,620 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹89.95 | 1,640 | ₹235.45 | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,660 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹78.55 | 1,680 | ₹263.40 | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,700 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹68.45 | 1,720 | ₹292.75 | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,740 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹59.50 | 1,760 | ₹323.15 | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 1,780 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 1,880 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 1,920 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 1,960 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 2,000 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance rests at 16450 where call writers have stacked peak open interest, creating a strong supply zone. Major support anchors at 1360, backed by 2,92,250 PE OI—reflecting deep put hedging and buyer conviction. The implied trading range settles between 1360 and 16450, with 1400 and 1380 emerging as key intraday pivot zones.
OI Buildup Activity
Fresh long calls dominate at 1400 (+91,000 OI), signaling aggressive bullish positioning just above spot. Call writers extend exposure at 1560 and 1420, adding 63,350 and 37,800 contracts, suggesting they’re testing upside momentum. On the put side, 1360 absorbs significant long put addition (+37,800), reinforcing floor defense, while 1380 and 1000 see defensive selling and long hedging, respectively.
Volatility Read
ATM IV holds at 37.89%, reflecting elevated but stable premium levels amid event pricing. Neutral skew suggests balanced fear/greed, with no pronounced bias in put/call volatility.
Strategy Implication
Bias tilts cautiously bullish with heavy writer action above 1400, but 1360 support constrains aggressive short premium strategies.