Cochin Shipyard Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 720 | ₹— | 16.9% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 13.5% | — | — | — |
| — | — | — | —% | ₹— | 880 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 920 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 960 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 980 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹207.10 | 1,000 | ₹1.00 | —% | — | 0 | 4K |
| — | — | — | —% | ₹— | 1,020 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹173.40 | 1,040 | ₹14.50 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,060 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹142.50 | 1,080 | ₹23.40 | —% | — | — | — |
| 400 | 0 | — | —% | ₹389.65 | 1,100 | ₹0.35 | —% | 51K | +2K | 12K |
| — | — | — | —% | ₹114.75 | 1,120 | ₹0.40 | —% | 4K | +1K | 4K |
| — | — | — | —% | ₹102.20 | 1,140 | ₹1.70 | —% | — | +400 | 400 |
| 400 | +400 | — | —% | ₹406.55 | 1,160 | ₹0.40 | —% | 400 | 0 | 800 |
| 400 | 0 | — | —% | ₹380.70 | 1,180 | ₹0.65 | —% | — | 0 | 800 |
| 800 | 0 | — | —% | ₹291.80 | 1,200 | ₹0.80 | 83.9% | 5K | -2K | 20K |
| — | — | — | —% | ₹61.15 | 1,220 | ₹4.10 | 100.7% | — | 0 | 5K |
| 400 | +400 | — | —% | ₹314.45 | 1,240 | ₹2.35 | 85.9% | — | 0 | 18K |
| 5K | 0 | 400 | 98.7% | ₹320.15 | 1,260 | ₹2.00 | 81.6% | 400 | 0 | 13K |
| 6K | 0 | 1K | 89.0% | ₹274.75 | 1,280 | ₹2.25 | 74.5% | — | 0 | 6K |
| 25K | 0 | 2K | 79.5% | ₹270.00 | 1,300 | ₹1.85 | 70.1% | 29K | -4K | 1.0 L |
| 18K | 0 | — | 87.3% | ₹236.20 | 1,320 | ₹1.75 | 65.1% | 400 | 0 | 37K |
| 15K | 0 | — | 103.2% | ₹226.20 | 1,340 | ₹2.75 | 69.1% | 400 | 0 | 12K |
| 34K | 0 | — | 85.4% | ₹200.90 | 1,360 | ₹3.25 | 61.3% | 44K | -4K | 29K |
| 14K | 0 | 400 | 65.5% | ₹190.00 | 1,380 | ₹4.00 | 59.1% | 3K | 0 | 9K |
| 44K | -1K | 2K | 56.4% | ₹165.20 | 1,400 | ₹4.90 | 56.7% | 2.3 L | +3K | 80K |
| 20K | 0 | — | 79.4% | ₹151.05 | 1,420 | ₹12.90 | 65.1% | — | 0 | 1.1 L |
| 28K | 0 | 2K | 54.1% | ₹126.10 | 1,440 | ₹9.30 | 55.2% | 3.3 L | +9K | 42K |
| 19K | 0 | — | 65.0% | ₹110.40 | 1,460 | ₹11.60 | 53.0% | 63K | -4K | 46K |
| 20K | 0 | — | 77.8% | ₹106.60 | 1,480 | ₹18.20 | 55.5% | 10K | +2K | 21K |
| 68K | -400 | 46K | 52.9% | ₹81.75 | 1,500 | ₹21.45 | 52.6% | 1.4 L | -2K | 98K |
| 34K | -2K | 14K | 54.2% | ₹69.50 | 1,520 | ₹29.00 | 53.6% | 62K | +8K | 19K |
| 70K | -9K | 61K | 55.8% | ₹59.50 | 1,540 | ₹36.30 | 52.6% | 78K | +4K | 38K |
| 3.6 L | +66K | 8.5 L | 56.2% | ₹49.85 | 1,560ATM | ₹51.00 | 56.9% | 84K | +10K | 35K |
| 88K | +30K | 2.2 L | 54.5% | ₹39.25 | 1,580 | ₹61.70 | 57.5% | 24K | -11K | 12K |
| 2.7 L | +35K | 7.9 L | 55.6% | ₹32.20 | 1,600 | ₹68.45 | 53.4% | 4K | 0 | 8K |
| 49K | +3K | 57K | 56.3% | ₹26.00 | 1,620 | ₹284.35 | 274.6% | — | — | — |
| 57K | +14K | 61K | 56.0% | ₹20.50 | 1,640 | ₹439.05 | 437.2% | — | — | — |
| 36K | +9K | 31K | 56.9% | ₹16.50 | 1,660 | ₹320.80 | 287.2% | — | — | — |
| 9K | 0 | 400 | 57.4% | ₹13.10 | 1,680 | ₹143.70 | 58.9% | — | 0 | 400 |
| 1.5 L | +24K | 3.2 L | 56.8% | ₹9.70 | 1,700 | ₹153.70 | 40.4% | — | 0 | 2K |
| 19K | +13K | 36K | 57.4% | ₹7.25 | 1,720 | ₹517.80 | 466.1% | — | — | — |
| — | — | — | 2.6% | ₹— | 1,740 | ₹— | —% | — | — | — |
| 44K | +17K | 77K | 56.4% | ₹3.80 | 1,760 | ₹557.40 | 479.6% | — | — | — |
| — | — | — | 3.1% | ₹— | 1,780 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 1,820 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 1,860 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,880 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 1,900 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 1,920 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,960 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 2,000 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 2,040 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 2,080 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 2,120 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 2,160 | ₹— | —% | — | — | — |
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 ₹1600, backed by peak call OI and fresh short writing. Strong support emerges at ₹1440, where put OI surged by 9,200 contracts, reinforcing downside defense. The implied trading range centers around ₹1560, acting as a magnet due to dual-sided OI concentration.
OI Buildup Activity
Fresh long calls dominate at ₹1560, ₹1580, and ₹1600, adding over 130,000 CE contracts, signaling aggressive bullish positioning. However, persistent writing at ₹1600 suggests strong rejection potential as call writers target capped upside. On the put side, longs build at ₹1560 and ₹1520, with material support at ₹1440, indicating deep-hedge sentiment.
Volatility Read
ATM IV holds at elevated 56.34%, reflecting heightened event-risk pricing ahead of long-dated expiry. Bearish skew persists, with put volatility outstripping calls, suggesting hedgers favor downside protection.
Strategy Implication
Bias leans short premium near ₹1600 with long strangle setups favored between ₹1440 and ₹1600.