Eicher Motors Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 6,400 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 6,500 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 6,600 | ₹— | —% | — | +2K | 26K |
| 0 | 0 | — | —% | ₹— | 6,700 | ₹— | —% | — | +100 | 500 |
| 200 | 0 | — | —% | ₹— | 6,800 | ₹— | —% | — | 0 | 9K |
| 0 | 0 | — | —% | ₹— | 6,900 | ₹— | —% | — | +100 | 100 |
| 800 | 0 | — | —% | ₹— | 7,000 | ₹— | —% | — | +700 | 1.2 L |
| 0 | 0 | — | —% | ₹— | 7,100 | ₹— | —% | — | +5K | 1.2 L |
| 61K | -800 | — | —% | ₹— | 7,200 | ₹— | —% | — | +43K | 79K |
| 7K | +200 | — | —% | ₹— | 7,300 | ₹— | —% | — | +1.5 L | 2.8 L |
| 10K | +700 | — | —% | ₹— | 7,400 | ₹— | —% | — | +12K | 1.5 L |
| 94K | +1K | — | —% | ₹— | 7,500ATM | ₹— | —% | — | -15K | 2.9 L |
| 1.1 L | +17K | — | —% | ₹— | 7,600 | ₹— | —% | — | +18K | 1.1 L |
| 1.6 L | +12K | — | —% | ₹— | 7,700 | ₹— | —% | — | +46K | 1.2 L |
| 1.1 L | +8K | — | —% | ₹— | 7,800 | ₹— | —% | — | +4K | 66K |
| 91K | +4K | — | —% | ₹— | 7,900 | ₹— | —% | — | +2K | 58K |
| 2.7 L | +4K | — | —% | ₹— | 8,000 | ₹— | —% | — | -10K | 74K |
| 2.0 L | +10K | — | —% | ₹— | 8,100 | ₹— | —% | — | -600 | 39K |
| 1.5 L | +5K | — | —% | ₹— | 8,200 | ₹— | —% | — | +100 | 10K |
| 1.3 L | -2K | — | —% | ₹— | 8,300 | ₹— | —% | — | 0 | 40K |
| 79K | -8K | — | —% | ₹— | 8,400 | ₹— | —% | — | 0 | 8K |
| 1.6 L | +13K | — | —% | ₹— | 8,500 | ₹— | —% | — | 0 | 25K |
| 53K | -100 | — | —% | ₹— | 8,600 | ₹— | —% | — | 0 | 1.0 L |
| 0 | 0 | — | —% | ₹— | 8,700 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 8,800 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 8,900 | ₹— | —% | — | 0 | 0 |
| 1.6 L | -5K | — | —% | ₹— | 9,000 | ₹— | —% | — | 0 | 300 |
| 1K | +300 | — | —% | ₹— | 9,200 | ₹— | —% | — | 0 | 0 |
| 2K | +500 | — | —% | ₹— | 9,400 | ₹— | —% | — | 0 | 400 |
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 clusters tightly around the ₹7,600 and ₹7,300 strikes, anchoring the market’s perceived fair‑value band. With the spot settled at ₹7,630.5, the range between ₹7,300 (support) and ₹7,600 (resistance) encapsulates roughly 60 % of total OI, indicating a consensus view that price will oscillate inside this corridor as expiry approaches. The neutral skew further suggests that participants do not heavily favor upside or downside bias within this interval.
OI Buildup Activity
During the latest data window, fresh OI materialises at the ₹7,600 call (‑ +17,900 contracts) and the ₹8,500 call (+12,600), reflecting aggressive positioning by sellers ready to hedge at higher strikes. On the put side, the most pronounced additions appear at ₹7,300 (‑ +154,400) and ₹7,700 (+46,000), where put writers are stacking protection near the current spot level. Additionally, notable inflows at ₹7,200 (+43,600) denote a defensive stance by market makers against potential downside moves.
Volatility Read
The at‑the‑money implied volatility stands at 20.18 %, consistent with historical averages for this instrument. A neutral IV skew implies symmetrical pricing of out‑of‑the‑money calls and puts, reinforcing the view that market participants expect limited directional bias.
Key OI Levels
The highest call OI concentration resides at the ₹7,600 strike, while the peak put OI sits at the ₹7,300 strike.