Fortis Healthcare Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 420 | ₹— | 16.6% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 550 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 570 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 610 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 650 | ₹— | 7.0% | — | — | — |
| 775 | 0 | — | —% | ₹235.05 | 660 | ₹0.05 | —% | 8K | -6K | 23K |
| — | — | — | —% | ₹257.65 | 670 | ₹0.40 | —% | — | — | — |
| — | — | — | —% | ₹174.90 | 680 | ₹0.75 | —% | — | 0 | 775 |
| — | — | — | —% | ₹238.20 | 690 | ₹0.75 | —% | — | — | — |
| 2K | 0 | — | —% | ₹105.00 | 700 | ₹0.10 | 74.3% | 775 | 0 | 26K |
| — | — | — | —% | ₹218.95 | 710 | ₹0.65 | 77.8% | — | 0 | 775 |
| — | — | — | —% | ₹141.40 | 720 | ₹0.25 | 64.4% | — | 0 | 8K |
| 5K | 0 | — | —% | ₹74.80 | 730 | ₹0.30 | 62.2% | — | 0 | 14K |
| — | — | — | —% | ₹125.90 | 740 | ₹0.25 | 57.1% | — | 0 | 47K |
| 5K | 0 | — | —% | ₹98.70 | 750 | ₹0.25 | 64.4% | 30K | -13K | 50K |
| 7K | 0 | — | —% | ₹46.90 | 760 | ₹0.20 | 59.3% | 10K | -775 | 21K |
| 13K | 0 | — | —% | ₹108.00 | 770 | ₹0.15 | 53.5% | 12K | -775 | 51K |
| 28K | 0 | — | —% | ₹73.30 | 780 | ₹0.30 | 54.8% | 2K | 0 | 18K |
| 32K | 0 | — | —% | ₹88.80 | 790 | ₹0.15 | 45.5% | 775 | 0 | 89K |
| 1.7 L | 0 | 9K | —% | ₹111.00 | 800 | ₹0.30 | 47.9% | 36K | -11K | 1.1 L |
| 62K | 0 | 2K | —% | ₹101.85 | 810 | ₹0.35 | 44.1% | 12K | 0 | 19K |
| 1.5 L | 0 | — | —% | ₹71.15 | 820 | ₹0.45 | 43.3% | 58K | -9K | 57K |
| 77K | -775 | 7K | —% | ₹93.25 | 830 | ₹0.55 | 41.0% | 27K | -14K | 67K |
| 95K | 0 | — | 24.6% | ₹53.15 | 840 | ₹0.60 | 36.9% | 71K | -9K | 1.0 L |
| 1.1 L | -10K | 26K | —% | ₹75.25 | 850 | ₹0.90 | 36.7% | 2.2 L | -63K | 1.1 L |
| 86K | -11K | 33K | —% | ₹65.80 | 860 | ₹1.15 | 35.0% | 2.5 L | +27K | 1.2 L |
| 25K | -12K | 40K | —% | ₹55.10 | 870 | ₹1.65 | 32.8% | 4.2 L | +1.5 L | 2.3 L |
| 1.8 L | -1.1 L | 4.0 L | —% | ₹46.80 | 880 | ₹2.60 | 32.2% | 4.5 L | +1.1 L | 2.3 L |
| 57K | -47K | 1.8 L | 15.6% | ₹38.30 | 890 | ₹3.95 | 31.5% | 2.9 L | +26K | 1.2 L |
| 1.9 L | -1.2 L | 10.6 L | 24.3% | ₹30.20 | 900 | ₹6.30 | 31.7% | 3.9 L | +56K | 1.0 L |
| 88K | +26K | 9.7 L | 24.7% | ₹23.85 | 910 | ₹42.30 | 64.1% | — | — | — |
| 2.7 L | +1.6 L | 20.5 L | 26.0% | ₹17.90 | 920ATM | ₹13.70 | 32.5% | 3.8 L | +1.5 L | 1.5 L |
| 1.6 L | +60K | 14.1 L | 26.7% | ₹12.60 | 930 | ₹18.35 | 32.3% | 2.4 L | +76K | 79K |
| 2.2 L | -1.7 L | 16.2 L | 26.7% | ₹8.45 | 940 | ₹24.50 | 32.6% | 70K | +26K | 32K |
| 3.2 L | +71K | 11.0 L | 26.5% | ₹5.65 | 950 | ₹31.90 | 34.1% | 48K | +29K | 36K |
| 3.2 L | +3.0 L | 6.7 L | 26.1% | ₹3.25 | 960 | ₹137.00 | 189.4% | — | +775 | 775 |
| 77K | +63K | 2.0 L | 26.5% | ₹2.20 | 970 | ₹75.80 | —% | — | 0 | 5K |
| 28K | -22K | 1.2 L | 27.8% | ₹1.40 | 980 | ₹110.55 | 106.2% | — | 0 | 2K |
| 3K | 0 | — | 36.6% | ₹0.45 | 990 | ₹71.00 | 42.1% | 775 | 0 | 775 |
| 68K | -775 | 1.0 L | 30.1% | ₹0.65 | 1,000 | ₹95.00 | 53.7% | 2K | -775 | 26K |
| — | — | — | 123.0% | ₹23.85 | 1,010 | ₹102.75 | —% | — | — | — |
| 7K | 0 | 9K | 30.2% | ₹0.20 | 1,020 | ₹99.40 | 56.0% | 2K | 0 | 775 |
| — | — | — | 121.4% | ₹19.25 | 1,030 | ₹109.25 | 59.4% | 2K | -775 | 2K |
| — | — | — | 99.6% | ₹10.00 | 1,040 | ₹119.20 | 63.0% | 775 | 0 | 5K |
| — | — | — | 3.6% | ₹— | 1,050 | ₹— | —% | — | — | — |
| — | — | — | 100.8% | ₹8.05 | 1,060 | ₹256.90 | —% | — | 0 | 6K |
| — | — | — | 4.0% | ₹— | 1,070 | ₹— | —% | — | — | — |
| 10K | 0 | — | 53.1% | ₹0.15 | 1,080 | ₹249.75 | —% | — | +775 | 775 |
| — | — | — | 4.4% | ₹— | 1,090 | ₹— | —% | — | — | — |
| — | — | — | 105.2% | ₹5.65 | 1,100 | ₹234.50 | —% | — | +2K | 2K |
| — | — | — | 4.8% | ₹— | 1,110 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,120 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,130 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 1,140 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,160 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,180 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,200 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 1,220 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 1,240 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 1,260 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance looms at ₹1000, where call writers have anchored the highest call OI, capping near-term upside. Immediate support sits at ₹920, backed by strong put OI buildup and coinciding with a major put writer defense zone. The implied range, based on open interest concentration, spans ₹870 to ₹960, reflecting a short-term trading corridor.
OI Buildup Activity
Fresh long calls are surging at ₹960, ₹920, and ₹950, signaling aggressive bullish positioning beyond current spot levels. On the put side, significant fresh OI is accumulating at ₹870 and ₹880, indicating defensive long put entries anticipating a downside move. Notably, call writers at ₹1000 are holding firm, while put writing at ₹920 suggests limited bearish conviction near current levels.
Volatility Read
ATM IV at 26.6% sits moderately elevated, pricing in elevated event risk over the long-dated expiry. The skew tilts bearish, with put vol elevated over calls—suggesting hedging demand leans to the downside.
Strategy Implication
Bias favors a volatility-controlled long strangle setup with core strikes at ₹960 CE and ₹870 PE, capitalizing on divergent writer positioning and skew advantage.