Canara Bank Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 105 | ₹— | —% | — | 0 | 54K |
| 7K | 0 | — | —% | ₹— | 110 | ₹— | —% | — | +1.1 L | 22.5 L |
| 0 | 0 | — | —% | ₹— | 112.5 | ₹— | —% | — | 0 | 7K |
| 1.1 L | 0 | — | —% | ₹— | 115 | ₹— | —% | — | -14K | 20.5 L |
| 0 | 0 | — | —% | ₹— | 117.5 | ₹— | —% | — | -14K | 9.1 L |
| 11.6 L | +68K | — | —% | ₹— | 120 | ₹— | —% | — | +2.4 L | 84.8 L |
| 14.5 L | +14K | — | —% | ₹— | 122.5 | ₹— | —% | — | -9.2 L | 41.7 L |
| 52.4 L | +95K | — | —% | ₹— | 125 | ₹— | —% | — | -4.1 L | 91.9 L |
| 72.4 L | -3.2 L | — | —% | ₹— | 127.5 | ₹— | —% | — | +61K | 47.5 L |
| 1.62 Cr | -54K | — | —% | ₹— | 130ATM | ₹— | —% | — | -1.1 L | 93.1 L |
| 52.2 L | -1.3 L | — | —% | ₹— | 132.5 | ₹— | —% | — | -7K | 12.0 L |
| 1.07 Cr | -1.7 L | — | —% | ₹— | 135 | ₹— | —% | — | -1.7 L | 43.7 L |
| 20.9 L | +54K | — | —% | ₹— | 137.5 | ₹— | —% | — | 0 | 2.0 L |
| 1.16 Cr | -16.3 L | — | —% | ₹— | 140 | ₹— | —% | — | +14K | 37.1 L |
| 9.2 L | +7K | — | —% | ₹— | 142.5 | ₹— | —% | — | 0 | 34K |
| 32.3 L | -27K | — | —% | ₹— | 145 | ₹— | —% | — | 0 | 30.5 L |
| 27.2 L | +27K | — | —% | ₹— | 150 | ₹— | —% | — | 0 | 15.0 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 (OI) profile shows a clear resistance zone anchored at the 125‑strike CE, where 100 contracts sit with zero net change, while support is evident at the 120‑strike PE, also holding 100 contracts unchanged. The ATM forward price of ₹125.5 places the bulk of the market between ₹120 and ₹130, establishing a tight implied price corridor for the September expiry. Consequently, the concentration of OI around these strikes suggests that the majority of market participants expect the underlying to trade within this band as expiry approaches.
OI Buildup Activity
Fresh OI inflows are noticeable on the 125‑strike call, which has added 94,500 contracts, followed by the 120‑strike call with 74,250 contracts and the 137.5‑strike call with 60,750 contracts. On the put side, the 120‑strike put leads the buildup with an addition of 236,250 contracts, while the 110‑strike put and 127.5‑strike put accrue 114,750 and 101,250 contracts respectively. These additions indicate that option writers are increasingly positioning near the identified resistance and support levels, reinforcing the existing OI landscape.
Volatility Read
The at‑the‑money implied volatility stands at 27.03%, reflecting moderate market expectations of price movement for the remaining days to expiry. The volatility skew is neutral, indicating a balanced demand for calls versus puts across the strike spectrum.
Key OI Levels
The highest CE OI concentration resides at the 125‑strike, and the highest PE OI concentration is at the 120‑strike.