Eicher Motors Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 3,600 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 3,700 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 3,800 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 3,900 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 4,000 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 4,100 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 4,200 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 4,300 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 4,400 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 4,500 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 4,600 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 4,700 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 4,800 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 4,850 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 4,900 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 4,950 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 5,000 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 5,050 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 5,100 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 5,150 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 5,200 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 5,250 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹— | 5,300 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹— | 5,350 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 5,400 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 5,450 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹— | 5,500 | ₹— | 6.1% | — | — | — |
| — | — | — | —% | ₹— | 5,550 | ₹— | 5.9% | — | — | — |
| — | — | — | 80.7% | ₹1657.70 | 5,600 | ₹0.20 | 60.9% | 1K | 0 | 28K |
| — | — | — | —% | ₹— | 5,650 | ₹— | 5.5% | — | — | — |
| — | — | — | 86.3% | ₹1562.40 | 5,700 | ₹0.10 | 55.0% | 1K | -300 | 14K |
| — | — | — | —% | ₹— | 5,750 | ₹— | 5.1% | — | — | — |
| 100 | 0 | — | —% | ₹1312.55 | 5,800 | ₹0.80 | 60.0% | — | 0 | 2K |
| — | — | — | —% | ₹— | 5,850 | ₹— | 4.8% | — | — | — |
| — | — | — | 90.8% | ₹1375.35 | 5,900 | ₹0.75 | 56.1% | — | 0 | 7K |
| — | — | — | —% | ₹1739.25 | 5,950 | ₹2.30 | 61.0% | — | — | — |
| 1K | 0 | — | —% | ₹1200.00 | 6,000 | ₹0.60 | 52.4% | 4K | -1K | 67K |
| — | — | — | —% | ₹1840.30 | 6,050 | ₹11.65 | 73.2% | — | 0 | 300 |
| — | — | — | 92.4% | ₹1194.65 | 6,100 | ₹1.35 | 52.7% | 2K | -2K | 2K |
| — | — | — | —% | ₹1742.40 | 6,150 | ₹9.60 | 65.3% | — | 0 | 4K |
| — | — | — | 92.8% | ₹1107.40 | 6,200 | ₹1.85 | 50.6% | 9K | -5K | 42K |
| — | — | — | 310.3% | ₹1754.90 | 6,250 | ₹9.10 | 60.2% | — | 0 | 600 |
| 6K | 0 | — | —% | ₹942.50 | 6,300 | ₹2.60 | 48.4% | 4K | -100 | 16K |
| — | — | — | 298.3% | ₹1658.15 | 6,350 | ₹3.80 | 46.5% | — | 0 | 5K |
| 5K | 0 | — | —% | ₹749.20 | 6,400 | ₹3.25 | 45.4% | 27K | +700 | 42K |
| 9K | 0 | — | —% | ₹341.00 | 6,450 | ₹4.00 | 44.4% | 1K | -500 | 11K |
| 48K | -100 | 9K | —% | ₹781.00 | 6,500 | ₹3.95 | 42.0% | 29K | +4K | 1.4 L |
| 20K | 0 | — | —% | ₹633.90 | 6,550 | ₹5.25 | 41.7% | 400 | -300 | 18K |
| 44K | -1K | 2K | —% | ₹674.90 | 6,600 | ₹6.05 | 40.0% | 13K | -6K | 53K |
| 25K | 0 | — | —% | ₹521.60 | 6,650 | ₹12.60 | 42.2% | — | 0 | 16K |
| 40K | 0 | — | —% | ₹541.50 | 6,700 | ₹9.50 | 38.5% | 17K | -3K | 60K |
| 12K | 0 | 100 | —% | ₹486.95 | 6,750 | ₹11.40 | 37.4% | 4K | +1K | 17K |
| 47K | -2K | 4K | —% | ₹495.30 | 6,800 | ₹13.65 | 36.2% | 25K | -4K | 68K |
| 15K | 0 | — | —% | ₹404.15 | 6,850 | ₹17.15 | 35.3% | 3K | -1K | 11K |
| 31K | 0 | 100 | —% | ₹390.00 | 6,900 | ₹21.35 | 34.6% | 36K | +3K | 1.2 L |
| 12K | 0 | 100 | 21.5% | ₹323.35 | 6,950 | ₹26.55 | 33.6% | 11K | -800 | 36K |
| 1.0 L | -14K | 92K | 23.8% | ₹311.35 | 7,000 | ₹33.15 | 32.8% | 84K | -18K | 1.1 L |
| 30K | -1K | 3K | 22.1% | ₹260.15 | 7,050 | ₹41.90 | 32.2% | 28K | -6K | 42K |
| 1.0 L | -10K | 39K | 25.8% | ₹233.00 | 7,100 | ₹51.80 | 31.6% | 75K | -5K | 1.1 L |
| 44K | -4K | 27K | 25.6% | ₹199.00 | 7,150 | ₹68.00 | 31.7% | 41K | -2K | 68K |
| 1.4 L | -21K | 1.8 L | 26.3% | ₹166.00 | 7,200 | ₹84.00 | 31.2% | 98K | +5K | 87K |
| 59K | -3K | 1.3 L | 26.6% | ₹137.20 | 7,250 | ₹104.35 | 31.2% | 38K | +4K | 44K |
| 1.2 L | +8K | 3.1 L | 26.5% | ₹111.65 | 7,300 | ₹128.80 | 31.3% | 56K | +7K | 63K |
| 28K | +5K | 56K | 27.2% | ₹86.70 | 7,350 | ₹156.00 | 32.1% | 29K | +4K | 21K |
| 1.3 L | -700 | 94K | 27.3% | ₹70.90 | 7,400 | ₹187.20 | 31.5% | 9K | -700 | 45K |
| 22K | -2K | 30K | 27.7% | ₹54.50 | 7,450 | ₹360.45 | 60.3% | — | 0 | 6K |
| 1.6 L | -16K | 1.6 L | 27.9% | ₹42.45 | 7,500 | ₹255.00 | 31.9% | 3K | -1K | 39K |
| 13K | +400 | 11K | 28.1% | ₹32.05 | 7,550 | ₹333.00 | 42.2% | 100 | 0 | 500 |
| 39K | -6K | 25K | 28.4% | ₹24.80 | 7,600 | ₹352.55 | 36.6% | 300 | 0 | 6K |
| 39K | +3K | 22K | 28.8% | ₹18.95 | 7,650 | ₹368.00 | —% | — | 0 | 700 |
| 37K | +200 | 13K | 28.8% | ₹13.65 | 7,700 | ₹447.40 | 41.9% | 200 | +100 | 8K |
| 16K | +200 | 2K | 29.2% | ₹10.20 | 7,750 | ₹241.20 | —% | — | — | — |
| 81K | -7K | 20K | 29.5% | ₹7.50 | 7,800 | ₹568.65 | 49.4% | — | 0 | 7K |
| 9K | 0 | 300 | 29.9% | ₹5.50 | 7,850 | ₹1107.60 | 180.6% | — | 0 | 1K |
| 17K | 0 | 100 | 30.0% | ₹4.00 | 7,900 | ₹774.80 | 85.4% | — | — | — |
| 100 | 0 | — | 36.4% | ₹6.50 | 7,950 | ₹329.95 | —% | — | — | — |
| 2.9 L | -12K | 59K | 33.8% | ₹3.90 | 8,000ATM | ₹783.50 | 60.3% | — | 0 | 34K |
| 3K | 0 | 100 | 35.0% | ₹3.30 | 8,050 | ₹500.80 | —% | — | 0 | 400 |
| 16K | 0 | — | 37.5% | ₹3.55 | 8,100 | ₹511.60 | —% | — | 0 | 100 |
| 3K | 0 | — | 39.3% | ₹3.50 | 8,150 | ₹548.25 | —% | — | 0 | 100 |
| 97K | -2K | 58K | 37.6% | ₹2.15 | 8,200 | ₹918.00 | 54.8% | 8K | -5K | 37K |
| 400 | 0 | — | 79.1% | ₹56.65 | 8,250 | ₹494.90 | —% | — | — | — |
| 4K | -100 | 400 | 39.2% | ₹1.60 | 8,300 | ₹1520.00 | 205.2% | — | 0 | 400 |
| — | — | — | 142.7% | ₹232.45 | 8,350 | ₹558.00 | —% | — | — | — |
| 4K | -2K | 4K | 41.3% | ₹1.25 | 8,400 | ₹1178.45 | 77.8% | — | — | — |
| 400 | 0 | — | 96.1% | ₹73.30 | 8,450 | ₹624.90 | —% | — | — | — |
| 15K | +200 | 300 | 46.8% | ₹2.00 | 8,500 | ₹1285.00 | 85.8% | — | 0 | 62K |
| 400 | 0 | — | 98.3% | ₹67.20 | 8,550 | ₹695.30 | —% | — | — | — |
| 900 | 0 | — | 48.6% | ₹1.35 | 8,600 | ₹1465.00 | 123.5% | — | 0 | 300 |
| 200 | 0 | — | 104.9% | ₹71.45 | 8,650 | ₹769.40 | —% | — | — | — |
| — | — | — | 92.8% | ₹42.10 | 8,700 | ₹1444.35 | 61.7% | — | — | — |
| 200 | 0 | — | 102.6% | ₹56.60 | 8,750 | ₹— | —% | — | — | — |
| 200 | 0 | — | 102.1% | ₹51.40 | 8,800 | ₹1535.75 | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 8,850 | ₹— | —% | — | — | — |
| 200 | 0 | — | 89.3% | ₹24.35 | 8,900 | ₹1628.20 | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 8,950 | ₹— | —% | — | — | — |
| 11K | 0 | — | 54.9% | ₹0.60 | 9,000 | ₹1721.65 | 85.6% | — | — | — |
| — | — | — | 4.9% | ₹— | 9,050 | ₹— | —% | — | — | — |
| 1K | 0 | — | 64.4% | ₹1.75 | 9,100 | ₹1714.25 | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 9,150 | ₹— | —% | — | — | — |
| — | — | — | 92.7% | ₹16.15 | 9,200 | ₹1910.80 | —% | — | — | — |
| — | — | — | —% | ₹49.35 | 9,300 | ₹1453.30 | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 9,400 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 9,500 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 9,600 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 9,700 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 9,800 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 9,900 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 10,000 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 10,100 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 10,200 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 10,300 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 10,400 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate support sits at ₹7300, backed by peak put OI and reinforced by strong OI additions at ₹7200 and ₹7250. Resistance is firm at ₹7300-7350, where calls show dominant open interest, with ₹7650 emerging as a higher barrier. The implied range rests narrowly between ₹7200 and ₹7350, reflecting tight trader expectations ahead of expiry.
OI Buildup Activity
Fresh longs are accumulating rapidly at ₹7300 calls (+6,100) and puts (+7,400), suggesting heavy two-way betting around this pivotal strike. Call-side OI increases at ₹7350 and ₹7650 indicate aggressive writer positioning anticipating upside caps. On the put side, long buildup at ₹7200 and ₹7250 signals defensive bets against a breakdown, with writers testing support confluence.
Volatility Read
ATM IV at 26.69% reflects neutral risk pricing, in line with near-term equilibrium expectations. A flat skew confirms balanced fear/greed, with no directional bias priced into options premiums.
Strategy Implication
Two-way congestion at ₹7300 favors range-bound strategies with defined risk around immediate support and resistance.