Central Depository Services (India) Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 720 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 820 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 860 | ₹— | 10.3% | — | — | — |
| 18K | -475 | 950 | —% | ₹477.00 | 880 | ₹0.50 | —% | — | 0 | 30K |
| — | — | — | —% | ₹— | 900 | ₹— | 9.3% | — | — | — |
| 3K | 0 | — | —% | ₹474.25 | 920 | ₹0.30 | —% | 475 | 0 | 19K |
| — | — | — | —% | ₹— | 940 | ₹— | 8.3% | — | — | — |
| 475 | 0 | — | —% | ₹213.95 | 960 | ₹0.55 | —% | — | 0 | 17K |
| — | — | — | —% | ₹359.60 | 980 | ₹0.55 | —% | — | 0 | 37K |
| 23K | -475 | 6K | —% | ₹360.00 | 1,000 | ₹0.45 | —% | 30K | -4K | 1.2 L |
| — | — | — | —% | ₹322.65 | 1,020 | ₹0.45 | —% | — | 0 | 24K |
| 46K | 0 | — | —% | ₹345.80 | 1,040 | ₹0.45 | —% | 950 | 0 | 48K |
| 22K | 0 | — | —% | ₹269.40 | 1,060 | ₹0.70 | 82.2% | — | 0 | 29K |
| 97K | 0 | — | —% | ₹301.95 | 1,080 | ₹0.70 | 76.3% | 19K | -3K | 1.1 L |
| 93K | -10K | 21K | —% | ₹259.00 | 1,100 | ₹0.75 | 72.0% | 14K | -2K | 2.1 L |
| 89K | 0 | 475 | —% | ₹237.60 | 1,120 | ₹0.90 | 67.7% | 6K | -4K | 1.0 L |
| 1.2 L | -3K | 7K | —% | ₹213.35 | 1,140 | ₹1.00 | 64.3% | 27K | -8K | 1.1 L |
| 93K | 0 | 475 | —% | ₹198.00 | 1,160 | ₹1.20 | 60.9% | 14K | +4K | 1.3 L |
| 99K | 0 | — | 110.7% | ₹211.00 | 1,180 | ₹1.30 | 56.2% | 10K | -1K | 98K |
| 2.5 L | -2K | 15K | —% | ₹161.35 | 1,200 | ₹1.65 | 53.2% | 20K | 0 | 2.6 L |
| 65K | -1K | 6K | —% | ₹134.90 | 1,220 | ₹2.00 | 49.2% | 35K | +9K | 1.1 L |
| 1.1 L | +475 | 10K | —% | ₹122.50 | 1,240 | ₹2.65 | 46.6% | 57K | -17K | 1.5 L |
| 78K | -7K | 28K | —% | ₹101.00 | 1,260 | ₹4.30 | 45.3% | 66K | +15K | 1.2 L |
| 1.3 L | 0 | 22K | —% | ₹83.50 | 1,280 | ₹5.80 | 43.0% | 2.1 L | -7K | 2.4 L |
| 3.0 L | -13K | 1.3 L | 27.3% | ₹67.25 | 1,300 | ₹8.65 | 41.4% | 3.2 L | +13K | 3.9 L |
| 1.5 L | 0 | 58K | 28.9% | ₹51.10 | 1,320 | ₹13.70 | 41.6% | 3.8 L | +23K | 1.6 L |
| 2.6 L | +53K | 2.5 L | 32.5% | ₹39.90 | 1,340 | ₹19.75 | 40.7% | 4.6 L | +12K | 2.2 L |
| 4.0 L | +1.1 L | 7.6 L | 32.9% | ₹28.85 | 1,360 | ₹29.20 | 41.8% | 6.2 L | +78K | 2.8 L |
| 6.5 L | +3.1 L | 17.5 L | 34.0% | ₹19.95 | 1,380 | ₹39.95 | 42.0% | 3.4 L | -475 | 2.9 L |
| 7.3 L | +8K | 13.2 L | 34.2% | ₹13.30 | 1,400ATM | ₹52.60 | 42.2% | 1.7 L | -21K | 3.8 L |
| 2.5 L | +475 | 6.2 L | 35.1% | ₹8.60 | 1,420 | ₹67.95 | 44.5% | 18K | -475 | 89K |
| 3.4 L | +14K | 5.6 L | 35.4% | ₹5.25 | 1,440 | ₹84.50 | 47.3% | 23K | +4K | 33K |
| 2.6 L | -11K | 1.9 L | 36.4% | ₹3.40 | 1,460 | ₹107.20 | 52.7% | 22K | +8K | 31K |
| 1.6 L | -18K | 1.3 L | 37.6% | ₹2.25 | 1,480 | ₹120.25 | 52.3% | 7K | -3K | 83K |
| 31K | +27K | 35K | 38.7% | ₹1.40 | 1,500 | ₹131.00 | 47.3% | — | 0 | 7K |
| 1.2 L | -6K | 30K | 40.0% | ₹0.95 | 1,520 | ₹164.80 | 65.3% | 5K | -950 | 28K |
| — | — | — | 2.5% | ₹— | 1,540 | ₹— | —% | — | — | — |
| 1.4 L | -3K | 40K | 42.5% | ₹0.40 | 1,560 | ₹200.00 | 71.4% | 30K | +8K | 1.1 L |
| — | — | — | 3.1% | ₹— | 1,580 | ₹— | —% | — | — | — |
| — | — | — | 134.7% | ₹34.80 | 1,600 | ₹288.20 | 175.5% | — | — | — |
| — | — | — | 3.6% | ₹— | 1,620 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,640 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,660 | ₹— | —% | — | — | — |
| — | — | — | 136.4% | ₹23.20 | 1,680 | ₹355.40 | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,700 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,720 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,740 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 1,760 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 1,880 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance forms at ₹1000, where call writers have amassed substantial open interest, indicating strong supply. On the downside, ₹1300 acts as major support, backed by deep put OI, showing aggressive defensive positioning. The implied range narrows between ₹1300 and ₹1000, though spot action near ₹1360 complicates directional bias.
OI Buildup Activity
Fresh longs dominate the 1380 CE, with a surge of +3.1 lakh contracts, suggesting bullish bets are building above spot. Call writers are actively defending 1360 and 1340, absorbing longs despite spot hovering near these strikes. On the put side, 1360 PE sees heavy OI addition (+77,425), reflecting short-term hedging, while deeper OTM support builds at 1320 and 1260.
Volatility Read
ATM volatility at 32.69% indicates elevated premium demand, typical during uncertain consolidation phases. The bearish skew—higher put IV vs. calls—reveals underlying caution, with puts commanding broader spreads.
Strategy Implication
Bullish OI buildup clashes with defensive put stacking, but writer activity at 1380 and 1360 suggests resistance may cap near-term upside, favoring a range-bound bias with skew protection.