Central Depository Services (India) Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 475 | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | +20K | 71K |
| 0 | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | +39K | 1.1 L |
| 0 | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | -5K | 17K |
| 1K | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | +1K | 82K |
| 3K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +23K | 2.3 L |
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | +7K | 59K |
| 40K | +1K | — | —% | ₹— | 1,140 | ₹— | —% | — | +8K | 93K |
| 14K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | -1K | 1.9 L |
| 1.2 L | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | +27K | 1.9 L |
| 5.9 L | +17K | — | —% | ₹— | 1,200ATM | ₹— | —% | — | +32K | 6.6 L |
| 2.1 L | +30K | — | —% | ₹— | 1,220 | ₹— | —% | — | +42K | 1.9 L |
| 2.4 L | +56K | — | —% | ₹— | 1,240 | ₹— | —% | — | +28K | 1.9 L |
| 2.9 L | +77K | — | —% | ₹— | 1,260 | ₹— | —% | — | +6K | 3.6 L |
| 2.0 L | +42K | — | —% | ₹— | 1,280 | ₹— | —% | — | -38K | 86K |
| 7.2 L | +79K | — | —% | ₹— | 1,300 | ₹— | —% | — | +1K | 3.3 L |
| 73K | +18K | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 12K |
| 1.2 L | +18K | — | —% | ₹— | 1,340 | ₹— | —% | — | 0 | 38K |
| 1.1 L | +19K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 29K |
| 69K | +28K | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 15K |
| 3.9 L | +12K | — | —% | ₹— | 1,400 | ₹— | —% | — | +2K | 4.9 L |
| 97K | +85K | — | —% | ₹— | 1,420 | ₹— | —% | — | +950 | 7K |
| 89K | +6K | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 93K |
| 2.6 L | +42K | — | —% | ₹— | 1,480 | ₹— | —% | — | 0 | 81K |
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 is heavily concentrated around the 1240‑1250 band, with the 1245 call bearing 1,000 contracts and the 1245 put also at 1,000 contracts across both the futures and options segments, indicating strong market focus. This creates a tight implied price corridor centered near the spot of ₹1,232 that investors are likely to respect as the expiration approaches, given current liquidity. The resistance side is anchored by the 1245 call OI, while support is reinforced by the 1245 put OI. Such a dual concentration often signals a potential range‑bound phase in the underlying.
OI Buildup Activity
During the latest session, fresh open interest adds appear at 1,420 call (+84,550), 1,300 call (+81,225) and 1,260 call (+76,950). These strikes represent the upper tier where buying intensifies. On the put side, new builds emerge at 1,220 put (+41,800), 1,040 put (+38,950) and 1,200 put (+33,250). The concentration at these lower strikes suggests defensive positioning amid elevated downside risk. The accumulation of contracts suggests writers are positioning around the upper‑mid strikes, while buyers are loading at lower strikes. Such a distribution reflects a balanced view of future price movement, with hedgers and speculators each finding suitable entry points.
Volatility Read
The at‑the‑money implied volatility stands at 32.51%, indicating moderate premium levels. This level is consistent with recent historical averages for the instrument. The volatility skew is neutral, reflecting balanced demand for calls and puts across strikes. Neutral skew often precedes periods of low directional bias in the market.
Key OI Levels
The strikes with the highest open interest are 1,245 call (1,000 contracts) and 1,245 put (1,000 contracts).