Delhivery Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 250 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 260 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 270 | ₹— | 12.0% | — | — | — |
| — | — | — | —% | ₹— | 280 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 290 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 305 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 315 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 325 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 335 | ₹— | 7.3% | — | — | — |
| 19K | 0 | — | —% | ₹126.85 | 340 | ₹0.10 | —% | — | 0 | 29K |
| 8K | 0 | — | —% | ₹118.85 | 345 | ₹1.75 | —% | — | — | — |
| 15K | 0 | — | —% | ₹111.95 | 350 | ₹0.10 | —% | — | 0 | 23K |
| 12K | 0 | — | —% | ₹109.00 | 355 | ₹0.20 | —% | — | 0 | 2K |
| — | — | — | —% | ₹58.25 | 360 | ₹0.05 | 74.9% | 6K | -4K | 58K |
| — | — | — | —% | ₹79.70 | 365 | ₹3.80 | —% | — | — | — |
| — | — | — | —% | ₹51.65 | 370 | ₹15.60 | —% | — | — | — |
| — | — | — | —% | ₹71.35 | 375 | ₹0.55 | 80.0% | — | 0 | 25K |
| — | — | — | —% | ₹45.50 | 380 | ₹0.15 | 69.5% | 21K | -8K | 2.5 L |
| — | — | — | —% | ₹63.45 | 385 | ₹0.15 | 58.8% | — | 0 | 8K |
| — | — | — | —% | ₹39.90 | 390 | ₹0.20 | 57.5% | — | 0 | 42K |
| — | — | — | —% | ₹56.00 | 395 | ₹0.15 | 58.9% | 4K | 0 | 12K |
| 75K | 0 | — | —% | ₹64.30 | 400 | ₹0.20 | 57.8% | 15K | -2K | 2.5 L |
| 6K | 0 | — | —% | ₹25.20 | 405 | ₹0.70 | 57.9% | — | 0 | 35K |
| 21K | 0 | — | —% | ₹41.85 | 410 | ₹0.20 | 49.4% | 75K | -12K | 2.4 L |
| 1.7 L | 0 | — | —% | ₹46.85 | 415 | ₹0.90 | 52.3% | — | 0 | 1.5 L |
| 3.5 L | 0 | 2K | —% | ₹57.00 | 420 | ₹0.35 | 46.1% | 85K | -42K | 2.5 L |
| 1.2 L | 0 | — | 81.5% | ₹46.85 | 425 | ₹0.50 | 45.2% | 19K | -6K | 1.5 L |
| 2.6 L | 0 | — | —% | ₹35.15 | 430 | ₹0.70 | 44.1% | 1.1 L | -29K | 2.3 L |
| 58K | 0 | — | 71.1% | ₹37.35 | 435 | ₹0.80 | 40.9% | 98K | -27K | 1.1 L |
| 2.5 L | +4K | 100K | 30.9% | ₹34.20 | 440 | ₹1.05 | 39.5% | 4.5 L | -35K | 5.5 L |
| 1.3 L | 0 | — | 32.5% | ₹22.30 | 445 | ₹1.55 | 38.7% | 2.0 L | -46K | 98K |
| 6.7 L | -10K | 1.8 L | 33.3% | ₹25.35 | 450 | ₹2.20 | 38.4% | 3.6 L | +15K | 5.4 L |
| 1.2 L | +8K | 50K | 34.8% | ₹21.00 | 455 | ₹3.25 | 38.0% | 3.4 L | +25K | 1.8 L |
| 8.0 L | -58K | 6.0 L | 34.5% | ₹17.65 | 460 | ₹4.55 | 37.7% | 17.8 L | +5.3 L | 10.8 L |
| 1.8 L | -1.6 L | 6.6 L | 36.1% | ₹14.75 | 465 | ₹6.15 | 37.8% | 5.9 L | -46K | 1.2 L |
| 16.1 L | +64K | 51.0 L | 35.2% | ₹11.75 | 470ATM | ₹8.10 | 38.2% | 13.5 L | 0 | 5.5 L |
| 7.1 L | -1.6 L | 30.0 L | 36.0% | ₹9.05 | 475 | ₹10.95 | 38.8% | 7.6 L | +73K | 1.3 L |
| 16.8 L | -1.3 L | 1.13 Cr | 36.9% | ₹7.40 | 480 | ₹13.50 | 38.8% | 8.9 L | -33K | 1.9 L |
| 2.2 L | +23K | 9.0 L | 36.8% | ₹5.35 | 485 | ₹55.70 | 167.3% | — | — | — |
| 7.1 L | +29K | 15.9 L | 37.9% | ₹4.25 | 490 | ₹21.20 | 40.1% | 1.1 L | +25K | 50K |
| 4.5 L | +27K | 2.3 L | 38.2% | ₹3.10 | 495 | ₹63.30 | 172.2% | — | — | — |
| 16.4 L | +5.1 L | 47.6 L | 38.7% | ₹2.40 | 500 | ₹32.15 | 27.2% | — | 0 | 25K |
| 5.8 L | -4K | 2.3 L | 38.7% | ₹1.75 | 505 | ₹71.20 | 177.3% | — | — | — |
| 4.7 L | +33K | 4.5 L | 39.5% | ₹1.30 | 510 | ₹107.50 | 302.0% | — | — | — |
| 95K | +10K | 66K | 40.0% | ₹0.95 | 515 | ₹79.40 | 182.5% | — | — | — |
| 2.3 L | +4K | 1.8 L | 40.8% | ₹0.65 | 520 | ₹116.40 | 310.2% | — | — | — |
| — | — | — | 88.3% | ₹5.70 | 525 | ₹48.65 | 31.3% | 10K | -4K | 8K |
| 5.4 L | +19K | 2.8 L | 41.8% | ₹0.35 | 530 | ₹118.85 | 293.5% | — | — | — |
| — | — | — | 3.1% | ₹— | 535 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 540 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 545 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 550 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 555 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 560 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 565 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 570 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 575 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 580 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 585 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 590 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 600 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 610 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 620 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 630 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 640 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 650 | ₹— | —% | — | — | — |
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 ₹500, where Call OI dominates and signals strong writer presence. Support anchors at ₹460, backed by substantial Put OI buildup, with secondary support at ₹475. The implied range centers between ₹460–₹500, framing near-term price action.
OI Buildup Activity
Fresh longs emerge in 500 CE with a massive +4.85 lakh OI surge, indicating aggressive call writing at the upper resistance. On the put side, 460 PE sees the largest OI addition of +5.33 lakh, reflecting strong protective or speculative put positioning. Additional long puts at 475 PE (+72.6k) suggest near-term bearish bias, with writers testing downside defense.
Volatility Read
ATM IV at 35.96% reflects elevated near-term uncertainty, supportive of premium-rich options. The bearish skew confirms traders favor downside protection, amplifying put-side responsiveness.
Strategy Implication
Bias favors short premium strategies near ₹500 with hedged long put exposure near ₹460–₹475.