Crompton Greaves Consumer Electricals Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 160 | ₹— | —% | — | 0 | 0 |
| 86K | 0 | — | —% | ₹— | 165 | ₹— | —% | — | 0 | 17K |
| 6K | +2K | — | —% | ₹— | 170 | ₹— | —% | — | -41K | 65K |
| 0 | 0 | — | —% | ₹— | 172.5 | ₹— | —% | — | 0 | 34K |
| 0 | 0 | — | —% | ₹— | 175 | ₹— | —% | — | +1.5 L | 3.8 L |
| 0 | 0 | — | —% | ₹— | 177.5 | ₹— | —% | — | 0 | 34K |
| 11K | +4K | — | —% | ₹— | 180 | ₹— | —% | — | +11K | 3.0 L |
| 6K | +2K | — | —% | ₹— | 182.5 | ₹— | —% | — | +1.3 L | 1.8 L |
| 28K | +9K | — | —% | ₹— | 185 | ₹— | —% | — | +77K | 2.6 L |
| 9K | +9K | — | —% | ₹— | 187.5 | ₹— | —% | — | +1.4 L | 2.6 L |
| 2.1 L | -26K | — | —% | ₹— | 190 | ₹— | —% | — | +45K | 6.1 L |
| 9K | 0 | — | —% | ₹— | 192.5 | ₹— | —% | — | +4K | 82K |
| 1.8 L | -69K | — | —% | ₹— | 195 | ₹— | —% | — | -6K | 2.9 L |
| 73K | 0 | — | —% | ₹— | 197.5 | ₹— | —% | — | -32K | 1.6 L |
| 14.0 L | -73K | — | —% | ₹— | 200 | ₹— | —% | — | +9K | 13.0 L |
| 2.1 L | +13K | — | —% | ₹— | 202.5 | ₹— | —% | — | +11K | 92K |
| 12.1 L | +7.4 L | — | —% | ₹— | 205 | ₹— | —% | — | +5.2 L | 7.0 L |
| 1.9 L | +54K | — | —% | ₹— | 207.5 | ₹— | —% | — | 0 | 11K |
| 14.0 L | -30K | — | —% | ₹— | 210ATM | ₹— | —% | — | -11K | 13.2 L |
| 90K | +52K | — | —% | ₹— | 212.5 | ₹— | —% | — | 0 | 6K |
| 4.2 L | 0 | — | —% | ₹— | 215 | ₹— | —% | — | -2K | 82K |
| 1.7 L | +32K | — | —% | ₹— | 217.5 | ₹— | —% | — | 0 | 0 |
| 17.2 L | -2.3 L | — | —% | ₹— | 220 | ₹— | —% | — | +2K | 2.1 L |
| 1.3 L | +67K | — | —% | ₹— | 222.5 | ₹— | —% | — | 0 | 2K |
| 5.0 L | +1.7 L | — | —% | ₹— | 225 | ₹— | —% | — | +6K | 54K |
| 88K | +47K | — | —% | ₹— | 227.5 | ₹— | —% | — | 0 | 13K |
| 10.1 L | -1.6 L | — | —% | ₹— | 230 | ₹— | —% | — | +2K | 3.5 L |
| 1.5 L | +2K | — | —% | ₹— | 232.5 | ₹— | —% | — | +2K | 2K |
| 2.3 L | +39K | — | —% | ₹— | 235 | ₹— | —% | — | 0 | 1.2 L |
| 2K | 0 | — | —% | ₹— | 237.5 | ₹— | —% | — | 0 | 0 |
| 5.7 L | +86K | — | —% | ₹— | 240 | ₹— | —% | — | +6K | 1.2 L |
| 49K | 0 | — | —% | ₹— | 245 | ₹— | —% | — | -2K | 9K |
| 4.2 L | 0 | — | —% | ₹— | 250 | ₹— | —% | — | 0 | 4.5 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) concentration clusters around the 205‑strike for both calls and puts, indicating a tight implied range near the current spot of ₹204, with market participants concentrating liquidity at this pivotal level. Call OI peaks at 205, while put OI also peaks at 205, suggesting a balanced sentiment at the ATM level and reinforcing the view of a near‑neutral bias. The next significant buildups appear at 225 and 240 on the call side and at 175 and 187.5 on the put side, framing a potential trading corridor that could widen if price deviates.
OI Buildup Activity
Recent additions show a +7 contract increase of 37,450 call OI at the 205 strike, reflecting active writing of near‑the‑money calls by seasoned option sellers. The 225 call receives a modest +1 contract increase of 69,850 OI, and the 240 call adds 83,850 OI, indicating emerging defensive positioning at higher strikes as traders hedge upside risk. On the put side, the 205 strike accumulates +5 contracts (22,450 OI), while the 175 and 187.5 strikes each gain roughly +1 contract (152,650 and 146,200 OI respectively), suggesting writers are hedging downside risk near support levels amid cautious sentiment.
Volatility Read
The at‑the‑money implied volatility stands at 31.55%, comfortably aligning with sector‑wide norms today. The skew is bearish, implying higher implied volatility for out‑of‑the‑money puts than calls.
Key OI Levels
The highest call OI sits at the 205 strike and the highest put OI also resides at the 205 strike overall.