FORCE MOTORS LTD Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 11,000 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 12,000 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 13,000 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 14,000 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 14,500 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 15,000 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 15,500 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹3701.95 | 16,000 | ₹3.05 | —% | 650 | -350 | 700 |
| — | — | — | —% | ₹— | 16,500 | ₹— | 6.3% | — | — | — |
| 25 | 0 | — | —% | ₹5184.55 | 17,000 | ₹6.30 | 76.9% | 450 | -25 | 425 |
| 25 | 0 | — | —% | ₹4282.90 | 17,500 | ₹10.20 | 73.7% | 650 | +50 | 50 |
| 50 | 0 | — | 145.1% | ₹4333.85 | 18,000 | ₹15.75 | 73.2% | 65K | +450 | 3K |
| — | — | — | —% | ₹1902.90 | 18,500 | ₹26.50 | 67.5% | 100 | +25 | 75 |
| 25 | +25 | — | 133.8% | ₹3470.05 | 19,000 | ₹48.35 | 69.0% | 2K | +400 | 2K |
| 25 | 0 | — | —% | ₹1690.00 | 19,500 | ₹105.00 | 67.5% | — | 0 | 175 |
| 3K | -225 | 300 | 52.1% | ₹1900.40 | 20,000 | ₹125.00 | 64.9% | 3K | +75 | 7K |
| 650 | 0 | 25 | 50.4% | ₹1840.75 | 20,500 | ₹227.50 | 65.5% | 125 | -25 | 650 |
| 3K | 0 | 300 | 54.8% | ₹1285.05 | 21,000 | ₹299.15 | 63.1% | 6K | -1K | 4K |
| 925 | +25 | 125 | 51.2% | ₹960.00 | 21,500 | ₹550.00 | 63.9% | 950 | +200 | 2K |
| 7K | +775 | 7K | 56.5% | ₹799.05 | 22,000 | ₹712.25 | 65.7% | 5K | -225 | 6K |
| 6K | +325 | 5K | 55.4% | ₹565.00 | 22,500 | ₹997.70 | 66.9% | 225 | -75 | 2K |
| 15K | +775 | 13K | 57.5% | ₹395.00 | 23,000 | ₹1500.00 | 68.9% | 25 | 0 | 300 |
| 7K | -50 | 1K | 57.9% | ₹270.00 | 23,500 | ₹1507.15 | —% | — | 0 | 175 |
| 14K | +150 | 12K | 58.5% | ₹174.35 | 24,000 | ₹4692.25 | 275.4% | — | — | — |
| 4K | +50 | 750 | 60.6% | ₹126.00 | 24,500 | ₹2686.55 | 69.7% | — | +25 | 25 |
| 18K | -3K | 17K | 61.3% | ₹78.40 | 25,000ATM | ₹2900.00 | —% | — | 0 | 25 |
| 200 | 0 | — | 77.9% | ₹130.00 | 25,500 | ₹6067.15 | 302.9% | — | — | — |
| 7K | +2K | 13K | 64.4% | ₹37.00 | 26,000 | ₹6539.55 | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 26,500 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 27,000 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 27,500 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 28,000 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 28,500 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 29,000 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 30,000 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 31,000 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 32,000 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance converges at 11000, where highest call OI anchors a formidable supply zone, though spot is currently far above this level. Immediate technical resistance emerges at 26000, reinforced by massive fresh long calls. On the downside, 18000–19000 forms a strong support base, backed by rising put OI, while 11000 put wall suggests long-term floor confidence.
OI Buildup Activity
Fresh long calls at 26000 show aggressive bullish conviction, with writers establishing substantial short positions at a strike now acting as a magnet. Counter-trend accumulation at 22000 and 22500 suggests intermediate-term bulls are hedging or initiating directional longs near current spot. On the put side, OI growth at 18000 and 19000 reflects protective and speculative long put positions, while 21500 sees defensive builds, possibly for near-term covering.
Volatility Read
ATM IV at 53.47% signals elevated premium levels, pricing in extended uncertainty or potential event risk. A bearish skew confirms put demand dominance, with traders willing to pay more for downside protection than call upside.
Strategy Implication
Bias leans cautious-bearish despite call buildup, with writers likely to defend 22000–22500 while watching 18000 for breakdown signals.