Bharat Petroleum Corporation Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | 0 | — | —% | ₹— | 230 | ₹— | —% | — | +2K | 22K |
| 10K | 0 | — | —% | ₹— | 240 | ₹— | —% | — | +28K | 40K |
| 14K | 0 | — | —% | ₹— | 250 | ₹— | —% | — | +36K | 8.5 L |
| 6K | 0 | — | —% | ₹— | 255 | ₹— | —% | — | +61K | 1.1 L |
| 10K | 0 | — | —% | ₹— | 260 | ₹— | —% | — | +57K | 3.1 L |
| 6K | 0 | — | —% | ₹— | 265 | ₹— | —% | — | +24K | 75K |
| 45K | 0 | — | —% | ₹— | 270 | ₹— | —% | — | +2.0 L | 4.2 L |
| 47K | 0 | — | —% | ₹— | 275 | ₹— | —% | — | +1.0 L | 3.6 L |
| 2.0 L | +18K | — | —% | ₹— | 280 | ₹— | —% | — | +67K | 6.0 L |
| 2.8 L | 0 | — | —% | ₹— | 285 | ₹— | —% | — | +57K | 2.6 L |
| 9.7 L | +3.2 L | — | —% | ₹— | 290 | ₹— | —% | — | +1.3 L | 6.8 L |
| 3.8 L | +1.1 L | — | —% | ₹— | 295 | ₹— | —% | — | +10K | 1.6 L |
| 17.4 L | +1.5 L | — | —% | ₹— | 300ATM | ₹— | —% | — | +85K | 5.5 L |
| 2.9 L | +49K | — | —% | ₹— | 305 | ₹— | —% | — | 0 | 16K |
| 4.1 L | +55K | — | —% | ₹— | 310 | ₹— | —% | — | -2K | 1.5 L |
| 1.6 L | +89K | — | —% | ₹— | 315 | ₹— | —% | — | 0 | 3.2 L |
| 4.2 L | +47K | — | —% | ₹— | 320 | ₹— | —% | — | 0 | 4.4 L |
| 2.7 L | +55K | — | —% | ₹— | 325 | ₹— | —% | — | 0 | 8K |
| 1.1 L | -10K | — | —% | ₹— | 330 | ₹— | —% | — | 0 | 1.1 L |
| 1.0 L | +2K | — | —% | ₹— | 335 | ₹— | —% | — | 0 | 4K |
| 1.0 L | -4K | — | —% | ₹— | 340 | ₹— | —% | — | 0 | 12K |
| 59K | -4K | — | —% | ₹— | 350 | ₹— | —% | — | 0 | 1.4 L |
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 call side shows a concentration of open interest at the 130 strike, marking a near‑term resistance level observed in recent trading sessions. On the put side the same 130 strike holds the largest open interest, acting as a near‑term support that has held firm despite volatility spikes. The implied price range, derived from the clustered OI, lies roughly between ₹270 and ₹300, suggesting market participants anticipate price movement within this band today ahead for traders globally.
OI Buildup Activity
Fresh open interest adds are pronounced at the 290 call, which accumulates 23,900 contracts, alongside 300 call with 1,46,150 contracts and 295 call with 1,06,650 contracts, reflecting heightened activity among speculative traders. On the put side, the 270 strike absorbs 1,91,575 contracts, the 290 strike gains 1,16,525 contracts, and the 275 strike sees an addition of 1,04,675 contracts, indicating strong defensive positioning by market makers. These inflows suggest writers are positioning around the mid‑section of the range, likely hedging exposure as price consolidation approaches.
Volatility Read
The at‑the‑money implied volatility stands at 27.65 %, indicating moderate premium levels consistent with historical averages for this underlying. The volatility skew remains neutral, showing no pronounced bias toward calls or puts, which suggests balanced sentiment across the option chain.
Key OI Levels
The highest call open interest sits at strike 130, while the highest put open interest also resides at strike 130, underscoring the pivotal role of this level in market dynamics.