Dr. Reddy's Laboratories Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
72.9 L
Total PE OI
47.1 L
PCR
0.65
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 600 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 660 | ₹— | 13.8% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 740 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 820 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 830 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 850 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 860 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 870 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 880 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 890 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 900 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 910 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 920 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 930 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹— | 940 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 950 | ₹— | 5.8% | — | — | — |
| — | — | — | —% | ₹295.15 | 960 | ₹0.65 | 80.6% | — | — | — |
| — | — | — | —% | ₹— | 970 | ₹— | 5.3% | — | — | — |
| — | — | — | —% | ₹— | 980 | ₹— | 5.1% | — | — | — |
| — | — | — | —% | ₹— | 990 | ₹— | 4.9% | — | — | — |
| — | — | — | —% | ₹256.70 | 1,000 | ₹0.10 | 53.9% | 32K | -29K | 1.5 L |
| — | — | — | —% | ₹— | 1,010 | ₹— | 4.4% | — | — | — |
| 1K | 0 | — | —% | ₹182.55 | 1,020 | ₹2.40 | 79.1% | — | — | — |
| — | — | — | —% | ₹— | 1,030 | ₹— | 4.0% | — | — | — |
| — | — | — | 139.8% | ₹219.25 | 1,040 | ₹0.70 | 58.4% | — | 0 | 8K |
| — | — | — | —% | ₹— | 1,050 | ₹— | 3.6% | — | — | — |
| — | — | — | 133.5% | ₹201.05 | 1,060 | ₹0.25 | 45.7% | — | 0 | 87K |
| — | — | — | 224.2% | ₹243.55 | 1,070 | ₹0.50 | 47.5% | — | 0 | 1K |
| 5K | 0 | — | —% | ₹132.75 | 1,080 | ₹0.25 | 38.9% | 11K | -625 | 2.0 L |
| — | — | — | 212.4% | ₹224.45 | 1,090 | ₹1.75 | 52.5% | — | — | — |
| 26K | 0 | 625 | —% | ₹115.00 | 1,100 | ₹0.45 | 36.6% | 26K | -10K | 3.6 L |
| — | — | — | 201.0% | ₹205.60 | 1,110 | ₹2.75 | 51.0% | — | — | — |
| 1K | 0 | — | —% | ₹86.30 | 1,120 | ₹0.70 | 33.6% | 625 | 0 | 41K |
| 15K | 0 | — | —% | ₹98.60 | 1,130 | ₹1.00 | 33.1% | 18K | +8K | 95K |
| 21K | 0 | — | —% | ₹84.55 | 1,140 | ₹1.25 | 31.5% | 52K | -31K | 94K |
| 11K | 0 | — | —% | ₹75.25 | 1,150 | ₹1.80 | 30.7% | 66K | -4K | 2.1 L |
| 67K | -1K | 6K | —% | ₹57.50 | 1,160 | ₹2.75 | 30.6% | 38K | -4K | 1.3 L |
| 1.1 L | 0 | — | —% | ₹56.85 | 1,170 | ₹3.80 | 29.9% | 66K | -3K | 1.4 L |
| 2.6 L | +2K | 6K | —% | ₹40.00 | 1,180 | ₹5.35 | 29.5% | 1.1 L | -2K | 3.3 L |
| 3.1 L | +4K | 38K | —% | ₹32.15 | 1,190 | ₹7.45 | 28.9% | 1.6 L | +8K | 2.7 L |
| 3.5 L | +46K | 2.3 L | 15.4% | ₹25.80 | 1,200ATM | ₹10.20 | 29.0% | 4.8 L | -6K | 9.7 L |
| 2.2 L | +51K | 2.5 L | 16.5% | ₹19.60 | 1,210 | ₹14.10 | 29.4% | 4.3 L | +93K | 3.5 L |
| 7.8 L | +2.0 L | 10.1 L | 18.6% | ₹14.60 | 1,220 | ₹18.75 | 29.8% | 6.8 L | -6K | 4.0 L |
| 4.3 L | +1.5 L | 11.1 L | 19.1% | ₹10.40 | 1,230 | ₹24.85 | 31.4% | 3.0 L | +28K | 2.3 L |
| 8.9 L | +47K | 15.4 L | 20.0% | ₹7.20 | 1,240 | ₹31.10 | 31.7% | 1.5 L | -24K | 1.8 L |
| 5.9 L | +42K | 9.8 L | 20.7% | ₹4.80 | 1,250 | ₹39.70 | 34.4% | 26K | -13K | 1.4 L |
| 8.3 L | -11K | 13.1 L | 21.3% | ₹3.30 | 1,260 | ₹50.00 | 38.9% | 3K | +625 | 61K |
| 1.3 L | -2K | 2.4 L | 22.5% | ₹2.40 | 1,270 | ₹58.65 | 41.1% | 1K | +625 | 28K |
| 1.6 L | +1K | 1.4 L | 23.6% | ₹1.70 | 1,280 | ₹55.45 | 38.2% | — | 0 | 43K |
| 1.4 L | +4K | 54K | 25.2% | ₹1.35 | 1,290 | ₹63.25 | 38.4% | — | 0 | 19K |
| 7.7 L | -42K | 2.2 L | 27.0% | ₹1.15 | 1,300 | ₹85.30 | 47.9% | 3K | +1K | 78K |
| 73K | 0 | — | 27.4% | ₹1.45 | 1,310 | ₹51.35 | —% | — | — | — |
| 1.8 L | -1K | 79K | 29.5% | ₹0.70 | 1,320 | ₹106.90 | 74.6% | — | 0 | 1K |
| 68K | -3K | 7K | 30.8% | ₹0.55 | 1,330 | ₹61.90 | —% | — | — | — |
| 2.0 L | 0 | 16K | 31.6% | ₹0.45 | 1,340 | ₹121.65 | 62.6% | 625 | 0 | 8K |
| 1.3 L | -9K | 19K | 32.6% | ₹0.35 | 1,350 | ₹143.35 | 94.1% | — | 0 | 22K |
| 53K | -625 | 7K | 34.5% | ₹0.35 | 1,360 | ₹135.70 | 68.7% | — | 0 | 4K |
| 6K | 0 | — | 35.4% | ₹0.50 | 1,370 | ₹161.10 | 97.8% | — | 0 | 5K |
| 24K | 0 | 1K | 36.1% | ₹0.20 | 1,380 | ₹166.45 | 97.0% | — | 0 | 4K |
| 3K | 0 | — | 35.9% | ₹0.25 | 1,390 | ₹185.10 | 116.1% | — | 0 | 2K |
| 2.4 L | +1K | 18K | 39.7% | ₹0.20 | 1,400 | ₹182.00 | 80.1% | 625 | 0 | 24K |
| 6K | 0 | — | 58.7% | ₹2.75 | 1,410 | ₹181.75 | 74.4% | — | 0 | 1K |
| 29K | 0 | 4K | 43.3% | ₹0.20 | 1,420 | ₹191.80 | 77.4% | — | 0 | 5K |
| 21K | 0 | — | 43.2% | ₹0.25 | 1,430 | ₹203.40 | 84.7% | — | 0 | 1K |
| 1.1 L | 0 | — | 46.0% | ₹0.30 | 1,440 | ₹189.30 | —% | — | — | — |
| 625 | 0 | — | 76.2% | ₹4.60 | 1,450 | ₹146.60 | —% | — | — | — |
| — | — | — | 93.0% | ₹8.95 | 1,460 | ₹206.80 | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,470 | ₹— | —% | — | — | — |
| 10K | 0 | — | 50.6% | ₹0.20 | 1,480 | ₹224.70 | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 1,490 | ₹— | —% | — | — | — |
| 20K | 0 | 1K | 54.0% | ₹0.15 | 1,500 | ₹285.00 | —% | — | 0 | 13K |
| — | — | — | 4.4% | ₹— | 1,510 | ₹— | —% | — | — | — |
| — | — | — | 91.9% | ₹4.45 | 1,520 | ₹261.40 | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,530 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 1,540 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,550 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,560 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 1,570 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 1,580 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,590 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 1,600 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,620 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 1,640 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,660 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,680 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 1,700 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 1,720 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 1,740 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 1,760 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 1,780 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 8.6% | ₹— | 1,820 | ₹— | —% | — | — | — |
| — | — | — | 8.8% | ₹— | 1,840 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Strong put dominance at 1200 acts as a magnet for support, while 1000 CE with no open interest signals a hard resistance ceiling. The stock trades near critical levels with immediate resistance at 1230 and support at 1200, sandwiching spot at 1221. This suggests a short-term range-bound battle between 1200–1230 before directionality emerges.
OI Buildup Activity
Fresh long calls emerge at 1220 and 1230 with massive OI addition of over 2 lakh contracts, signaling aggressive call writing just above spot. Writers are stacking short calls at 1220 and 1230, likely defending against upside momentum. On the put side, longs are building at 1210 with strong OI addition of 93,125, indicating downside protection or bearish positioning near current levels.
Volatility Read
ATM IV at 18.67% reflects subdued volatility expectations, but bearish skew suggests higher demand for downside protection. Implied volatility pricing favors put longs or call spreads in case of downside acceleration.
Strategy Implication
Bias leans slightly bearish with premium collection and call writing favored above 1220.
Related Analysis
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 ₹1,240 for the 2026-04-28 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 ₹1,200 for the 2026-04-28 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 2026-04-28. 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.