Crompton Greaves Consumer Electricals Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 11K | 0 | — | —% | ₹— | 190 | ₹— | —% | — | 0 | 0 |
| 6K | 0 | — | —% | ₹— | 200 | ₹— | —% | — | +26K | 2.7 L |
| 11K | 0 | — | —% | ₹— | 205 | ₹— | —% | — | 0 | 0 |
| 43K | 0 | — | —% | ₹— | 210 | ₹— | —% | — | +4.2 L | 10.1 L |
| 13K | 0 | — | —% | ₹— | 215 | ₹— | —% | — | -1.7 L | 3.1 L |
| 3.1 L | -41K | — | —% | ₹— | 220 | ₹— | —% | — | +90K | 12.8 L |
| 2.5 L | -95K | — | —% | ₹— | 225 | ₹— | —% | — | +34K | 9.7 L |
| 13.2 L | -52K | — | —% | ₹— | 230 | ₹— | —% | — | +1.1 L | 21.8 L |
| 14.1 L | +4.6 L | — | —% | ₹— | 235 | ₹— | —% | — | +1.7 L | 8.0 L |
| 23.4 L | -1.5 L | — | —% | ₹— | 240 | ₹— | —% | — | +2.7 L | 17.2 L |
| 22.5 L | -1.7 L | — | —% | ₹— | 245 | ₹— | —% | — | +2K | 15.6 L |
| 55.1 L | -6.2 L | — | —% | ₹— | 250ATM | ₹— | —% | — | -37K | 25.0 L |
| 11.8 L | +39K | — | —% | ₹— | 255 | ₹— | —% | — | -9K | 2.9 L |
| 35.3 L | -3.7 L | — | —% | ₹— | 260 | ₹— | —% | — | 0 | 5.9 L |
| 7.4 L | +58K | — | —% | ₹— | 265 | ₹— | —% | — | 0 | 1.1 L |
| 15.1 L | -17K | — | —% | ₹— | 270 | ₹— | —% | — | +9K | 1.9 L |
| 1.6 L | 0 | — | —% | ₹— | 275 | ₹— | —% | — | 0 | 37K |
| 8.5 L | -26K | — | —% | ₹— | 280 | ₹— | —% | — | 0 | 58K |
| 84K | 0 | — | —% | ₹— | 285 | ₹— | —% | — | 0 | 17K |
| 97K | 0 | — | —% | ₹— | 290 | ₹— | —% | — | 0 | 54K |
| 13K | 0 | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 15K |
| 8.1 L | -17K | — | —% | ₹— | 300 | ₹— | —% | — | 0 | 77K |
| 1.4 L | 0 | — | —% | ₹— | 310 | ₹— | —% | — | 0 | 11K |
| — | — | — | —% | ₹— | 320 | ₹— | —% | — | 0 | 17K |
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) cluster at the 235 CE strike (110 contracts) and the 210 PE strike (110 contracts) defines a tight resistance‑support band around ₹230‑₹240. The ATM implied range, derived from the 25.68 % IV, spans roughly ₹225 to ₹240, aligning with the OI concentration. Consequently, price movement outside this band would need to break through the heavy‑OI levels at 235 CE (resistance) or 210 PE (support).
OI Buildup Activity
Fresh OI adds are evident at 235 CE (+4,57,950), 265 CE (+58,050) and 255 CE (+6,450), indicating new long‑call writer interest in higher strikes. On the put side, notable builds appear at 210 PE (+4,23,550), 240 PE (+2,77,350) and 235 PE (+1,72,000), reflecting accumulating short‑put positions near the support zone. The pattern shows a balanced expansion of both call and put writers around the current spot of ₹232.4, reinforcing the existing OI walls.
Volatility Read
The at‑the‑money IV sits at 25.68 %, suggesting moderate forward‑looking price uncertainty for the September expiry. The volatility skew is bearish, indicating lower implied volatility for out‑of‑the‑money calls relative to puts.
Key OI Levels
The highest open‑interest concentrations are at 235 CE (110 contracts) for resistance and 210 PE (110 contracts) for support.