Canara Bank Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 98 | ₹— | —% | — | 0 | 0 |
| 47K | 0 | — | —% | ₹— | 100 | ₹— | —% | — | +1.0 L | 11.4 L |
| 0 | 0 | — | —% | ₹— | 101 | ₹— | —% | — | +81K | 81K |
| 0 | 0 | — | —% | ₹— | 102 | ₹— | —% | — | +47K | 4.5 L |
| 7K | 0 | — | —% | ₹— | 103 | ₹— | —% | — | +5.3 L | 5.3 L |
| 7K | 0 | — | —% | ₹— | 104 | ₹— | —% | — | +7.2 L | 14.0 L |
| 0 | 0 | — | —% | ₹— | 105 | ₹— | —% | — | +14K | 40.4 L |
| 0 | 0 | — | —% | ₹— | 106 | ₹— | —% | — | +88K | 95K |
| 7K | 0 | — | —% | ₹— | 107 | ₹— | —% | — | +3.1 L | 3.4 L |
| 0 | 0 | — | —% | ₹— | 108 | ₹— | —% | — | +3.4 L | 11.4 L |
| 0 | 0 | — | —% | ₹— | 109 | ₹— | —% | — | +2.6 L | 8.4 L |
| 6.4 L | +81K | — | —% | ₹— | 110 | ₹— | —% | — | +8.7 L | 51.8 L |
| 14K | 0 | — | —% | ₹— | 111 | ₹— | —% | — | +2.0 L | 5.7 L |
| 4.5 L | 0 | — | —% | ₹— | 112 | ₹— | —% | — | -47K | 6.0 L |
| 14K | 0 | — | —% | ₹— | 113 | ₹— | —% | — | -81K | 4.1 L |
| 8.7 L | +7K | — | —% | ₹— | 114 | ₹— | —% | — | +1.2 L | 4.8 L |
| 18.7 L | +54K | — | —% | ₹— | 115 | ₹— | —% | — | +1.9 L | 59.1 L |
| 8.5 L | -34K | — | —% | ₹— | 116 | ₹— | —% | — | +2.8 L | 11.7 L |
| 18.4 L | +3.0 L | — | —% | ₹— | 117 | ₹— | —% | — | +5.6 L | 20.8 L |
| 34.2 L | +9.4 L | — | —% | ₹— | 118 | ₹— | —% | — | +6.1 L | 24.7 L |
| 12.9 L | +1.8 L | — | —% | ₹— | 119 | ₹— | —% | — | +81K | 10.3 L |
| 1.05 Cr | +10.9 L | — | —% | ₹— | 120ATM | ₹— | —% | — | +3.0 L | 62.4 L |
| 14.7 L | +1.7 L | — | —% | ₹— | 121 | ₹— | —% | — | 0 | 5.7 L |
| 20.9 L | +1.6 L | — | —% | ₹— | 122 | ₹— | —% | — | -27K | 14.9 L |
| 13.5 L | +2.5 L | — | —% | ₹— | 123 | ₹— | —% | — | 0 | 7.6 L |
| 8.8 L | +54K | — | —% | ₹— | 124 | ₹— | —% | — | 0 | 2.0 L |
| 61.7 L | +3.4 L | — | —% | ₹— | 125 | ₹— | —% | — | -2.6 L | 22.7 L |
| 14.1 L | -61K | — | —% | ₹— | 126 | ₹— | —% | — | 0 | 1.8 L |
| 5.5 L | +1.8 L | — | —% | ₹— | 127 | ₹— | —% | — | 0 | 88K |
| 6.6 L | +2.1 L | — | —% | ₹— | 128 | ₹— | —% | — | 0 | 3.4 L |
| 5.6 L | +3.6 L | — | —% | ₹— | 129 | ₹— | —% | — | 0 | 0 |
| 61.2 L | +2.8 L | — | —% | ₹— | 130 | ₹— | —% | — | 0 | 30.6 L |
| 9.7 L | +1.9 L | — | —% | ₹— | 131 | ₹— | —% | — | 0 | 0 |
| 5.9 L | +1.3 L | — | —% | ₹— | 132 | ₹— | —% | — | 0 | 27K |
| 5.0 L | +88K | — | —% | ₹— | 133 | ₹— | —% | — | +14K | 27K |
| 1.6 L | +1.4 L | — | —% | ₹— | 134 | ₹— | —% | — | 0 | 0 |
| 10.3 L | +47K | — | —% | ₹— | 135 | ₹— | —% | — | 0 | 29.5 L |
| 68K | +61K | — | —% | ₹— | 136 | ₹— | —% | — | 0 | 7K |
| 7K | 0 | — | —% | ₹— | 137 | ₹— | —% | — | 0 | 0 |
| 54K | 0 | — | —% | ₹— | 138 | ₹— | —% | — | 0 | 1.1 L |
| 44.4 L | -27K | — | —% | ₹— | 140 | ₹— | —% | — | +7K | 59.1 L |
| 1.0 L | +20K | — | —% | ₹— | 142 | ₹— | —% | — | 0 | 4.0 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 open‑interest profile shows a pronounced cluster around the 120‑strike call series with 47,250 contracts, acting as a robust resistance zone that has historically repelled upward thrusts in recent sessions. Conversely, the 120‑strike put series accumulates 62,37,000 contracts, establishing a solid support pillar that underpins buyer confidence throughout. Together these levels bracket an implied price corridor of roughly ₹115‑₹125, aligning with the current spot of ₹117.82 and reflecting market consensus.
OI Buildup Activity
On the call side, fresh open interest adds are led by the 120 strike (+11,00,250), followed by the 118 strike (+9,38,250) and the 129 strike (+3,64,500), indicating that writers are reinforcing the resistance band amid modest buying pressure in the near term. The put side sees the largest additions at the 110 strike (+8,70,750), then the 104 strike (+7,15,500) and the 118 strike (+6,07,500), suggesting accumulation of downside protection near support as traders hedge volatility exposure. The distribution of new contracts reflects a balanced positioning strategy with market participants hedging both upside and downside moves, while open interest remains evenly spread across nearby strikes.
Volatility Read
The at‑the‑money implied volatility stands at 26.48%, a level that is modest relative to historical averages for this underlying. The volatility skew is essentially neutral, implying no pronounced bias toward calls or puts across the term structure.
Key OI Levels
The highest call open interest resides at the 120 strike, while the peak put open interest concentrates at the 120 strike as well.