Delhivery Limited

NSE: DELHIVERYServicesLot size: 2075

Delhivery Limited Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
1.15 Cr
Total PE OI
75.5 L
PCR
0.65Bearish
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
2K0%380%02K
2K0%390%04K
4K0%400%-4K5.0 L
00%405%00
00%410%01.3 L
00%415%04K
15K0%420%018.9 L
6K0%425%02.8 L
12K0%430%+56K7.6 L
2K0%435%+6K98K
2.4 L+6K%440%-8K12.7 L
68K0%445%-8K1.0 L
9.0 L-2K%450%+17K7.0 L
1.5 L-4K%455%-64K2.9 L
13.1 L+2.1 L%460%-44K5.6 L
3.7 L+71K%465%-15K1.4 L
19.7 L+91K%470ATM%-6K4.5 L
5.8 L+3.0 L%475%068K
15.4 L-56K%480%-2K1.1 L
2.5 L0%485%02K
11.9 L+1.1 L%490%00
1.5 L-10K%495%00
12.8 L+44K%500%+12K1.4 L
00%505%00
1.1 L+8K%510%00
00%515%00
7.7 L0%520%021K
2.6 L0%530%021K
4K0%540%04K
3.4 L0%550%

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

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Key Strike Levels

The open‑interest (OI) pool clusters heavily around the ₹240 strike for both calls and puts, marking a clear resistance‑support band. The ATM strike sits at ₹460, while the bulk of the OI sits between ₹430 and ₹490, framing an implied price corridor for the underlying through expiry. This concentration suggests market participants anticipate the share to oscillate within this range as the September 29 contract approaches.

OI Buildup Activity

During the latest trading session, the call side registers fresh accumulation at the ₹475 strike, adding 3 00 875 contracts to the existing pool and lifting its OI to 475 contracts. The ₹460 and ₹490 strikes also see notable increments, with 2 09 575 and 1 05 825 contracts respectively, indicating that option writers are reinforcing positions near the ATM and the upper bound of the range. On the put side, the ₹430 strike absorbs an additional 58 100 contracts, expanding its OI to 430 contracts, while the ₹450 and ₹435 strikes receive 14 525 and 8 300 contracts respectively, reflecting a buildup of downside protection close to the identified support level.

Volatility Read

The at‑the‑money implied volatility stands at 23.16 %, providing a moderate premium for the September 29 expiry. The skew metric tilts bearish, with put IV modestly higher than call IV, implying that market participants price a slight downside bias into the option chain.

Key OI Levels

The strikes with the highest open‑interest concentration are ₹240 for calls (resistance) and ₹240 for puts (support).

Frequently Asked Questions

What is the highest call OI strike for Delhivery Limited today?
The strike with highest call (CE) open interest for Delhivery Limited is ₹470 for the 2026-09-29 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Delhivery Limited today?
The strike with highest put (PE) open interest for Delhivery Limited is ₹420 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Delhivery Limited options mean?
Open Interest (OI) buildup in Delhivery Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Delhivery Limited options expire?
Delhivery Limited options have their nearest expiry on 2026-09-29. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Delhivery Limited option chain?
The Delhivery Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.