Dr. Reddy's Laboratories Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 960 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 0 |
| 15K | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,030 | ₹— | —% | — | 0 | 0 |
| 4K | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 36K |
| 0 | 0 | — | —% | ₹— | 1,050 | ₹— | —% | — | 0 | 8K |
| 0 | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 34K |
| 0 | 0 | — | —% | ₹— | 1,070 | ₹— | —% | — | 0 | 0 |
| 13K | +1K | — | —% | ₹— | 1,080 | ₹— | —% | — | +3K | 10.8 L |
| 1K | 0 | — | —% | ₹— | 1,090 | ₹— | —% | — | 0 | 51K |
| 63K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +1.2 L | 8.1 L |
| 0 | 0 | — | —% | ₹— | 1,110 | ₹— | —% | — | +6K | 66K |
| 26K | +3K | — | —% | ₹— | 1,120 | ₹— | —% | — | -6K | 2.8 L |
| 20K | +625 | — | —% | ₹— | 1,130 | ₹— | —% | — | +11K | 1.6 L |
| 26K | +4K | — | —% | ₹— | 1,140 | ₹— | —% | — | +3K | 2.2 L |
| 1.5 L | +26K | — | —% | ₹— | 1,150 | ₹— | —% | — | +30K | 2.8 L |
| 2.8 L | +39K | — | —% | ₹— | 1,160 | ₹— | —% | — | +20K | 2.4 L |
| 2.8 L | -28K | — | —% | ₹— | 1,170 | ₹— | —% | — | -17K | 2.1 L |
| 5.5 L | +625 | — | —% | ₹— | 1,180 | ₹— | —% | — | -25K | 3.0 L |
| 3.1 L | +21K | — | —% | ₹— | 1,190 | ₹— | —% | — | +3K | 49K |
| 13.3 L | +16K | — | —% | ₹— | 1,200ATM | ₹— | —% | — | -4K | 7.8 L |
| 1.9 L | -5K | — | —% | ₹— | 1,210 | ₹— | —% | — | 0 | 3K |
| 1.9 L | +34K | — | —% | ₹— | 1,220 | ₹— | —% | — | -1K | 33K |
| 93K | +2K | — | —% | ₹— | 1,230 | ₹— | —% | — | 0 | 7K |
| 7.4 L | +98K | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 21K |
| 8.3 L | -3K | — | —% | ₹— | 1,250 | ₹— | —% | — | 0 | 43K |
| 3.9 L | 0 | — | —% | ₹— | 1,260 | ₹— | —% | — | 0 | 32K |
| 17K | 0 | — | —% | ₹— | 1,270 | ₹— | —% | — | 0 | 25K |
| 7.8 L | -625 | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 2K |
| 8.1 L | 0 | — | —% | ₹— | 1,290 | ₹— | —% | — | 0 | 625 |
| 6.4 L | -13K | — | —% | ₹— | 1,300 | ₹— | —% | — | 0 | 97K |
| 19K | 0 | — | —% | ₹— | 1,310 | ₹— | —% | — | — | — |
| 55K | -625 | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 2K |
| 36K | -6K | — | —% | ₹— | 1,340 | ₹— | —% | — | +625 | 3K |
| 8K | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 39K |
| 1K | 0 | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 11K |
| 1.2 L | +625 | — | —% | ₹— | 1,400 | ₹— | —% | — | +1K | 30K |
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) landscape shows a pronounced concentration around the ₹1,000 CE strike, which now holds roughly 15,000 contracts and acts as a strong resistance zone. On the downside, the ₹1,000 PE strike carries 0 contracts but is highlighted as the primary support level, indicating that the market is monitoring this floor closely. Together, these two strikes frame an implied price corridor of approximately ₹1,000 ± ₹10‑₹20, aligning with the current spot of ₹1,151.
OI Buildup Activity
During the latest trading session, fresh OI accumulates at the ₹1,240 CE strike (+97,500 contracts), signaling that sellers are adding to the short‑call side near the upper resistance band. The ₹1,160 CE and ₹1,220 CE strikes also see notable additions (+37,500 and +34,375 contracts respectively), reinforcing a layered supply of call options above the spot. On the put side, the ₹1,100 PE strike absorbs a large influx (+1,16,250 contracts), while the ₹1,150 PE and ₹1,160 PE strikes gain modestly (+30,625 and +21,250 contracts), suggesting that option writers are positioning protective downside hedges around the current market level.
Volatility Read
The at‑the‑money implied volatility stands at 16.82 %, reflecting modest pricing pressure. The volatility skew is bearish, with out‑of‑the‑money calls priced higher than equivalent puts, implying that market participants anticipate a greater likelihood of upward movement or are demanding extra premium for upside exposure.
Key OI Levels
The highest OI concentrations are observed at the ₹1,000 CE strike (≈15,000 contracts) and the ₹1,000 PE strike (0 contracts), marking the principal resistance and support thresholds.