Bharat Electronics Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 320 | ₹— | —% | — | 0 | 1K |
| 95K | -1K | — | —% | ₹— | 330 | ₹— | —% | — | +1K | 70K |
| — | — | — | —% | ₹— | 340 | ₹— | —% | — | +4K | 100K |
| 7K | 0 | — | —% | ₹— | 350 | ₹— | —% | — | -3K | 5.8 L |
| 7K | 0 | — | —% | ₹— | 355 | ₹— | —% | — | 0 | 3K |
| 44K | 0 | — | —% | ₹— | 360 | ₹— | —% | — | +6K | 6.0 L |
| 6K | 0 | — | —% | ₹— | 365 | ₹— | —% | — | 0 | 13K |
| 67K | 0 | — | —% | ₹— | 370 | ₹— | —% | — | -6K | 21.4 L |
| 0 | 0 | — | —% | ₹— | 375 | ₹— | —% | — | +4K | 3.0 L |
| 2.1 L | +3K | — | —% | ₹— | 380 | ₹— | —% | — | +23K | 11.2 L |
| 71K | 0 | — | —% | ₹— | 385 | ₹— | —% | — | +3.7 L | 8.8 L |
| 6.2 L | 0 | — | —% | ₹— | 390 | ₹— | —% | — | +1.5 L | 16.3 L |
| 1.7 L | +11K | — | —% | ₹— | 395 | ₹— | —% | — | -20K | 11.1 L |
| 16.8 L | +50K | — | —% | ₹— | 400 | ₹— | —% | — | -13K | 37.2 L |
| 15.4 L | +2.6 L | — | —% | ₹— | 405 | ₹— | —% | — | +90K | 14.6 L |
| 71.7 L | +6.4 L | — | —% | ₹— | 410ATM | ₹— | —% | — | +2.6 L | 54.7 L |
| 69.4 L | +12.7 L | — | —% | ₹— | 415 | ₹— | —% | — | +1.2 L | 22.6 L |
| 53.3 L | +1.6 L | — | —% | ₹— | 420 | ₹— | —% | — | +1K | 22.5 L |
| 15.7 L | +1.2 L | — | —% | ₹— | 425 | ₹— | —% | — | +7K | 2.7 L |
| 38.1 L | +93K | — | —% | ₹— | 430 | ₹— | —% | — | 0 | 10.9 L |
| 11.7 L | +3.3 L | — | —% | ₹— | 435 | ₹— | —% | — | +3K | 2.8 L |
| 22.3 L | +47K | — | —% | ₹— | 440 | ₹— | —% | — | -4K | 5.8 L |
| 4.0 L | +1K | — | —% | ₹— | 445 | ₹— | —% | — | -3K | 70K |
| 22.3 L | +2.2 L | — | —% | ₹— | 450 | ₹— | —% | — | -1K | 5.5 L |
| 0 | 0 | — | —% | ₹— | 455 | ₹— | —% | — | 0 | 9K |
| 13.2 L | +64K | — | —% | ₹— | 460 | ₹— | —% | — | 0 | 3.0 L |
| 3.7 L | -19K | — | —% | ₹— | 470 | ₹— | —% | — | 0 | 6.3 L |
| 8.6 L | +7K | — | —% | ₹— | 480 | ₹— | —% | — | — | — |
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 (OI) landscape clusters around the 410 ₹ and 415 ₹ call strikes, together accounting for roughly 18 % of total call OI. On the put side, the 385 ₹ and 390 ₹ strikes dominate, holding about 15 % of total put OI. This distribution suggests an implied price corridor of ₹385–₹415 for the September‑29 expiry, with the 410 ₹ level acting as a pivotal resistance‑support nexus.
OI Buildup Activity
During the latest trading session, fresh call OI materialises at 415 ₹ (+12 contracts, 73,950 lots), 410 ₹ (+6 contracts, 59,775 lots) and 435 ₹ (+3 contracts, 19,200 lots), indicating new long‑call positioning near the upper edge of the range. On the put side, new OI accrues at 385 ₹ (+3 contracts, 71,925 lots), 410 ₹ (+2 contracts, 55,075 lots) and 390 ₹ (+1 contract, 43,925 lots), reflecting added protection or bearish bets just below the current spot. The simultaneous accumulation of call and put OI at the 410 ₹ strike points to a potential hedging hub where market participants balance directional exposures.
Volatility Read
The at‑the‑money implied volatility sits at 21.36 %, positioning the option premium within a moderate volatility regime for a defense‑sector stock. The skew is bearish, with out‑of‑the‑money puts priced modestly higher than calls, hinting at a slight market tilt toward downside protection.
Key OI Levels
The highest open‑interest concentrations appear at the 410 ₹ call strike (230 contracts) and the 385 ₹ put strike (230 contracts).