Delhivery Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 310 | ₹— | —% | — | +19K | 19K |
| 0 | 0 | — | —% | ₹— | 315 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 320 | ₹— | —% | — | +1.0 L | 1.0 L |
| 0 | 0 | — | —% | ₹— | 325 | ₹— | —% | — | +27K | 27K |
| 0 | 0 | — | —% | ₹— | 330 | ₹— | —% | — | -44K | 85K |
| 0 | 0 | — | —% | ₹— | 335 | ₹— | —% | — | +42K | 42K |
| 0 | 0 | — | —% | ₹— | 340 | ₹— | —% | — | +77K | 77K |
| 0 | 0 | — | —% | ₹— | 345 | ₹— | —% | — | +1.1 L | 1.1 L |
| 10K | +10K | — | —% | ₹— | 350 | ₹— | —% | — | +1.5 L | 2.7 L |
| 0 | 0 | — | —% | ₹— | 355 | ₹— | —% | — | +33K | 33K |
| 6K | 0 | — | —% | ₹— | 360 | ₹— | —% | — | 0 | 19.2 L |
| 0 | 0 | — | —% | ₹— | 365 | ₹— | —% | — | +31K | 60K |
| 71K | +6K | — | —% | ₹— | 370 | ₹— | —% | — | +1.5 L | 6.0 L |
| 64K | +8K | — | —% | ₹— | 375 | ₹— | —% | — | +39K | 89K |
| 4.2 L | -17K | — | —% | ₹— | 380 | ₹— | —% | — | +1.5 L | 5.5 L |
| 68K | +52K | — | —% | ₹— | 385 | ₹— | —% | — | +31K | 35K |
| 18.6 L | +1.1 L | — | —% | ₹— | 390 | ₹— | —% | — | +1.8 L | 2.6 L |
| 27K | +17K | — | —% | ₹— | 395 | ₹— | —% | — | 0 | 17K |
| 22.0 L | +68K | — | —% | ₹— | 400ATM | ₹— | —% | — | +12K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 405 | ₹— | —% | — | 0 | 19K |
| 3.7 L | +1.4 L | — | —% | ₹— | 410 | ₹— | —% | — | +8K | 19K |
| 1.3 L | +19K | — | —% | ₹— | 415 | ₹— | —% | — | 0 | 0 |
| 6.0 L | -27K | — | —% | ₹— | 420 | ₹— | —% | — | +2K | 58K |
| 64K | +64K | — | —% | ₹— | 425 | ₹— | —% | — | 0 | 17K |
| 9.6 L | +4K | — | —% | ₹— | 430 | ₹— | —% | — | 0 | 2K |
| 52K | +52K | — | —% | ₹— | 435 | ₹— | —% | — | 0 | 6K |
| 46K | +39K | — | —% | ₹— | 440 | ₹— | —% | — | -2K | 39K |
| 46K | +46K | — | —% | ₹— | 445 | ₹— | —% | — | 0 | 0 |
| 1.7 L | +64K | — | —% | ₹— | 450 | ₹— | —% | — | 0 | 60K |
| 0 | 0 | — | —% | ₹— | 455 | ₹— | —% | — | 0 | 0 |
| 39K | 0 | — | —% | ₹— | 460 | ₹— | —% | — | +2K | 29K |
| 4K | 0 | — | —% | ₹— | 465 | ₹— | —% | — | 0 | 0 |
| 15K | 0 | — | —% | ₹— | 470 | ₹— | —% | — | 0 | 54K |
| 0 | 0 | — | —% | ₹— | 475 | ₹— | —% | — | 0 | 0 |
| 85K | +48K | — | —% | ₹— | 480 | ₹— | —% | — | 0 | 1.1 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) curve clusters tightly around the ₹390‑₹400 band, indicating that market participants view this 5‑point corridor as the most likely price window for the underlying ahead of the November 23 expiry. The highest put OI sits at the ₹190 strike, while call OI peaks at the same level, suggesting a strong bilateral support‑resistance pair that could anchor the price movement. Consequently, the implied range derived from the OI concentration and the at‑the‑money (ATM) implied volatility points to a tentative trading band of roughly ₹350 to ₹410 for the remaining days to expiry.
OI Buildup Activity
Fresh OI inflows reveal vigorous positioning by option writers. On the call side, the ₹410 strike absorbs an additional 1,09,975 contracts, the ₹390 strike gains 1,05,825 contracts, and the ₹400 strike sees a rise of 68,475 contracts, highlighting aggressive premium collection near the upper edge of the implied range. Put writers exhibit even larger accumulations, with the ₹390 strike adding 1,84,675 contracts, the ₹380 strike 1,59,775 contracts, and the ₹350 strike 1,47,325 contracts, indicating a concerted effort to hedge downside risk while securing premium across a broader strike spectrum.
Volatility Read
The ATM implied volatility stands at 31.76 %, reflecting moderate expectation of price swings as the expiry approaches. A bearish skew—where out‑of‑the‑money puts are priced higher relative to calls—signals that traders allocate more premium to downside protection, anticipating potential downside pressure.
Key OI Levels
The largest concentrations of open interest are observed at the ₹190 strike for both call (190 OI = 190) and put contracts, marking the principal resistance and support levels respectively.