Dr. Reddy's Laboratories Limited

NSE: DRREDDYHealthcareLot size: 625

Dr. Reddy's Laboratories Limited Option Chain Analysis

2026-11-232026-12-292027-01-25
Total CE OI
46.3 L
Total PE OI
50.2 L
PCR
1.09Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
00——%₹—1,000₹——%—+9K51K
00——%₹—1,020₹——%—00
00——%₹—1,040₹——%—00
00——%₹—1,060₹——%—00
00——%₹—1,070₹——%—00
00——%₹—1,080₹——%—06K
00——%₹—1,090₹——%—03K
1K0——%₹—1,100₹——%—01.9 L
00——%₹—1,110₹——%—0625
00——%₹—1,120₹——%—-4K36K
00——%₹—1,130₹——%—+15K16K
1K0——%₹—1,140₹——%—-20K46K
6250——%₹—1,150₹——%—+23K2.4 L
4K0——%₹—1,160₹——%—+1K68K
00——%₹—1,170₹——%—+67K1.4 L
6250——%₹—1,180₹——%—-33K55K
00——%₹—1,190₹——%—-13K59K
1.3 L-625——%₹—1,200₹——%—+11K4.9 L
2K0——%₹—1,210₹——%—+6K1.0 L
74K-1K——%₹—1,220₹——%—+12K1.5 L
1.2 L0——%₹—1,230₹——%—+21K1.4 L
1.0 L-6K——%₹—1,240₹——%—+14K1.2 L
2.8 L-625——%₹—1,250₹——%—+13K4.3 L
2.5 L-9K——%₹—1,260₹——%—+8K4.0 L
2.4 L-4K——%₹—1,270₹——%—+13K2.1 L
1.0 L-4K——%₹—1,280₹——%—+6K4.3 L
56K+8K——%₹—1,290₹——%—+33K95K
4.1 L-9K——%₹—1,300ATM₹——%—+1.4 L5.5 L
1.7 L+50K——%₹—1,310₹——%—+77K1.9 L
3.5 L+61K——%₹—1,320₹——%—+2.6 L3.9 L
2.3 L+51K——%₹—1,330₹——%—+71K1.3 L
2.5 L+1.0 L——%₹—1,340₹——%—+35K80K
3.4 L+88K——%₹—1,350₹——%—+44K86K
2.2 L+33K——%₹—1,360₹——%—-62563K
52K+2K——%₹—1,370₹——%—00
1.3 L+33K——%₹—1,380₹——%—012K
24K+13K——%₹—1,390₹——%—01K
5.0 L+23K——%₹—1,400₹——%—025K
28K+26K——%₹—1,410₹——%—00
1.9 L-75K——%₹—1,420₹——%—00
19K+13K——%₹—1,430₹——%—00
62K0——%₹—1,440₹——%—00
54K+8K——%₹—1,450₹——%—00
14K+1K——%₹—1,460₹——%—00
1.1 L+1.1 L——%₹—1,470₹——%—00
11K-625——%₹—1,480₹——%—00
91K+39K——%₹—1,500₹——%—00

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

Live Greeks Panel

AI AnalysisGenerated daily after market close · AI-powered

Key Strike Levels

The largest open interest sits clearly at the 1000‑contract call strike 1000, acting as a resistance barrier, while the 1000‑contract put at 56,250 contracts forms a strong significant support level for traders. Additional call concentration appears noticeably at strikes 1470 (10,000 contracts added), 1340 (102,500 added) and 1350 (88,750 added), suggesting a current implied price corridor between ₹1335 and ₹1470 within the market. On the put side, fresh builds at 1320 (+256,250), 1300 (+143,125) and 1310 (+76,875) reinforce a firm downside range anchored near the current spot for hedgers.

OI Buildup Activity

The call OI additions of 10,000 at 1470, 102,500 at 1340 and 88,750 at 1350 reflect writers strategically fortifying positions ahead of the November expiry as a precautionary measure. Put OI inflows of 256,250 at 1320, 143,125 at 1300 and 76,875 at 1310 indicate a defensive bias among sellers protecting downside exposure actively to maintain portfolio integrity. Currently, overall, the open interest landscape shows balanced writer activity on both sides, with no single side overwhelming the market depth throughout the trading day.

Volatility Read

The at‑the‑money implied volatility stands at 20.62%, relatively aligning with sector averages and indicating moderate stable premium pricing. Implied volatility skew remains neutral, clearly suggesting comparable balanced demand for calls and puts across the near‑term strike spectrum.

Key OI Levels

The deepest concentrations are 1,000 call contracts at strike 1000 and 56,250 put contracts also at strike 1000.

Frequently Asked Questions

What is the highest call OI strike for Dr. Reddy's Laboratories Limited today?
The strike with highest call (CE) open interest for Dr. Reddy's Laboratories Limited is ₹1,400 for the 2026-11-23 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 Dr. Reddy's Laboratories Limited today?
The strike with highest put (PE) open interest for Dr. Reddy's Laboratories Limited is ₹1,300 for the 2026-11-23 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Dr. Reddy's Laboratories Limited options mean?
Open Interest (OI) buildup in Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories Limited options expire?
Dr. Reddy's Laboratories Limited options have their nearest expiry on 2026-11-23. 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 Dr. Reddy's Laboratories Limited option chain?
The Dr. Reddy's Laboratories 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.