GAIL (India) Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
2.61 Cr
Total PE OI
3.25 Cr
PCR
1.25
Bullish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 74 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 76 | ₹— | 16.1% | — | — | — |
| — | — | — | —% | ₹— | 78 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 80 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 82 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 84 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 86 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 88 | ₹— | 12.9% | — | — | — |
| — | — | — | —% | ₹— | 90 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 92 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 94 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 96 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 98 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 100 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 102 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 104 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 105 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 106 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 107 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 108 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 109 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 110 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 111 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹49.85 | 112 | ₹0.01 | —% | 25K | -6K | 2.9 L |
| — | — | — | —% | ₹— | 113 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹55.17 | 114 | ₹0.01 | —% | — | — | — |
| — | — | — | —% | ₹35.15 | 115 | ₹0.04 | —% | 19K | +6K | 2.6 L |
| 3K | 0 | — | —% | ₹25.82 | 116 | ₹0.14 | —% | — | — | — |
| 3K | +3K | — | —% | ₹26.64 | 117 | ₹0.15 | —% | — | — | — |
| 47K | 0 | — | —% | ₹39.86 | 118 | ₹0.05 | —% | 2.0 L | +1.5 L | 1.6 L |
| 9K | 0 | — | —% | ₹23.07 | 119 | ₹0.05 | —% | 1.9 L | -3K | 1.4 L |
| 1.2 L | 0 | — | —% | ₹33.68 | 120 | ₹0.05 | —% | 3.3 L | -82K | 7.2 L |
| 3K | +3K | — | —% | ₹22.89 | 121 | ₹0.06 | 81.2% | — | 0 | 1.0 L |
| 54K | 0 | — | —% | ₹31.68 | 122 | ₹0.19 | 93.5% | — | 0 | 4.1 L |
| 3K | 0 | — | —% | ₹30.85 | 123 | ₹0.16 | 88.5% | — | 0 | 41K |
| 19K | 0 | — | —% | ₹30.56 | 124 | ₹0.10 | 80.0% | — | 0 | 2.8 L |
| 13K | 0 | 6K | —% | ₹35.75 | 125 | ₹0.08 | 82.9% | 1.1 L | -3K | 4.0 L |
| 16K | 0 | — | —% | ₹18.32 | 126 | ₹0.23 | 86.3% | — | 0 | 57K |
| — | — | — | —% | ₹29.36 | 127 | ₹0.30 | 87.9% | — | 0 | 1.1 L |
| 3K | +3K | — | —% | ₹16.64 | 128 | ₹0.10 | 78.3% | 32K | -3K | 35K |
| 22K | 0 | — | —% | ₹25.07 | 129 | ₹0.35 | 85.2% | — | 0 | 2.7 L |
| 1.4 L | 0 | 3K | —% | ₹31.25 | 130 | ₹0.08 | 71.5% | 18.0 L | +2.2 L | 42.3 L |
| 47K | 0 | — | —% | ₹21.49 | 131 | ₹0.08 | 69.4% | 9K | 0 | 47K |
| 3K | +3K | — | —% | ₹13.35 | 132 | ₹0.10 | 69.4% | 2.7 L | -91K | 35K |
| 6K | 0 | — | —% | ₹12.23 | 133 | ₹0.38 | 75.9% | — | 0 | 47K |
| 32K | 0 | — | —% | ₹10.27 | 134 | ₹0.16 | 62.0% | — | 0 | 1.1 L |
| 5.9 L | 0 | — | 78.5% | ₹23.58 | 135 | ₹0.13 | 65.0% | 5.3 L | +2.3 L | 11.8 L |
| 57K | 0 | — | —% | ₹10.40 | 136 | ₹0.27 | 63.2% | — | 0 | 2.3 L |
| 1.2 L | 0 | — | —% | ₹16.63 | 137 | ₹0.55 | 71.6% | — | 0 | 3.6 L |
| 2.7 L | 0 | — | —% | ₹19.50 | 138 | ₹0.10 | 56.0% | 3K | 0 | 4.6 L |
| 1.6 L | 0 | — | —% | ₹16.50 | 139 | ₹0.35 | 58.9% | — | 0 | 2.6 L |
| 28.9 L | -38K | 57K | —% | ₹21.60 | 140ATM | ₹0.17 | 57.5% | 15.7 L | +1.4 L | 25.8 L |
| 3.2 L | 0 | — | —% | ₹13.49 | 141 | ₹0.20 | 56.4% | 91K | -16K | 2.5 L |
| 4.3 L | 0 | 3K | —% | ₹20.00 | 142 | ₹0.20 | 54.5% | 1.4 L | +19K | 2.6 L |
| 2.7 L | 0 | 6K | —% | ₹17.90 | 143 | ₹0.25 | 46.1% | — | 0 | 1.6 L |
| 37.1 L | 0 | — | 53.3% | ₹14.62 | 144 | ₹0.27 | 43.1% | — | 0 | 12.6 L |
| 6.6 L | -47K | 57K | —% | ₹16.70 | 145 | ₹0.25 | 49.2% | 5.2 L | +1.5 L | 11.8 L |
| 2.7 L | 0 | — | 55.2% | ₹13.00 | 146 | ₹0.33 | 49.0% | 3K | 0 | 1.0 L |
| 1.9 L | 0 | 3K | —% | ₹14.98 | 147 | ₹0.45 | 40.6% | — | 0 | 63K |
| 1.7 L | 0 | 3K | 50.0% | ₹12.70 | 148 | ₹0.31 | 44.4% | 1.9 L | +25K | 2.1 L |
| 3.0 L | 0 | — | 41.2% | ₹9.77 | 149 | ₹0.34 | 42.0% | 91K | -13K | 5.6 L |
| 18.9 L | -32K | 3.5 L | 23.4% | ₹11.92 | 150 | ₹0.40 | 41.3% | 18.5 L | +3.8 L | 32.2 L |
| 4.3 L | 0 | — | 19.7% | ₹7.11 | 151 | ₹0.44 | 39.0% | 2.8 L | -6K | 8.3 L |
| 3.2 L | 0 | 9K | 21.2% | ₹9.90 | 152 | ₹0.49 | 37.4% | 5.7 L | +72K | 7.4 L |
| 6.8 L | 0 | 9K | 28.4% | ₹9.00 | 153 | ₹0.57 | 37.0% | 4.3 L | -66K | 6.0 L |
| 3.6 L | -3K | 25K | 26.7% | ₹8.13 | 154 | ₹0.66 | 35.7% | 3.0 L | -22K | 5.0 L |
| 11.9 L | -60K | 6.4 L | 25.1% | ₹7.45 | 155 | ₹0.78 | 35.4% | 18.2 L | -91K | 11.2 L |
| 2.7 L | +3K | 38K | 28.9% | ₹6.36 | 156 | ₹0.91 | 34.2% | 3.9 L | +28K | 9.6 L |
| 2.8 L | -44K | 1.2 L | 32.8% | ₹6.16 | 157 | ₹1.10 | 33.5% | 4.1 L | -91K | 2.5 L |
| 4.4 L | -1.1 L | 23.3 L | 27.1% | ₹5.12 | 158 | ₹1.29 | 32.5% | 8.7 L | +50K | 3.7 L |
| 3.5 L | +9K | 4.4 L | 27.9% | ₹4.43 | 159 | ₹1.65 | 32.5% | 4.1 L | +50K | 1.5 L |
| 16.7 L | -4.0 L | 75.6 L | 27.2% | ₹3.74 | 160 | ₹2.02 | 33.1% | 32.3 L | -3.0 L | 11.1 L |
| 2.4 L | +32K | 7.8 L | 28.4% | ₹3.23 | 161 | ₹2.45 | 33.0% | 3.9 L | +72K | 1.0 L |
| 7.5 L | +4.9 L | 24.1 L | 27.7% | ₹2.65 | 162 | ₹2.94 | 33.5% | 5.4 L | +1.4 L | 1.5 L |
| 3.3 L | +1.9 L | 9.8 L | 28.9% | ₹2.26 | 163 | ₹13.70 | 120.6% | — | — | — |
| 3.0 L | +1.9 L | 9.1 L | 28.6% | ₹1.84 | 164 | ₹19.50 | 178.3% | — | 0 | 3K |
| 10.6 L | -50K | 36.8 L | 29.0% | ₹1.50 | 165 | ₹4.67 | 33.6% | 4.8 L | +1.8 L | 6.9 L |
| 1.5 L | +22K | 3.9 L | 29.2% | ₹1.16 | 166 | ₹28.80 | 267.8% | — | 0 | 3K |
| 3.5 L | -1.7 L | 9.2 L | 29.6% | ₹0.99 | 167 | ₹22.40 | 189.8% | — | 0 | 28K |
| 1.7 L | -19K | 88K | 29.7% | ₹0.76 | 168 | ₹13.29 | 78.0% | — | — | — |
| 57K | 0 | 54K | 30.3% | ₹0.61 | 169 | ₹17.55 | 120.5% | — | — | — |
| 20.2 L | -2.3 L | 26.5 L | 30.8% | ₹0.50 | 170 | ₹9.00 | 37.9% | 1.6 L | -72K | 4.2 L |
| — | — | — | 116.0% | ₹5.61 | 171 | ₹18.94 | 120.5% | — | — | — |
| — | — | — | 129.6% | ₹6.46 | 172 | ₹15.82 | 70.6% | — | — | — |
| — | — | — | 116.2% | ₹5.07 | 173 | ₹35.00 | 286.5% | — | 0 | 3K |
| 6K | 0 | — | 77.5% | ₹1.96 | 174 | ₹31.85 | 244.1% | — | 0 | 3K |
| 5.1 L | +72K | 4.3 L | 32.5% | ₹0.15 | 175 | ₹13.93 | 49.0% | 50K | +6K | 4.2 L |
| 16K | 0 | — | 41.6% | ₹0.14 | 176 | ₹18.56 | 57.6% | — | — | — |
| — | — | — | 143.0% | ₹6.21 | 177 | ₹35.00 | 256.5% | — | +3K | 3K |
| — | — | — | 127.3% | ₹4.72 | 178 | ₹20.00 | 39.9% | — | — | — |
| — | — | — | 2.8% | ₹— | 179 | ₹— | —% | — | — | — |
| 6.4 L | -72K | 2.6 L | 36.0% | ₹0.06 | 180 | ₹18.30 | 51.6% | 66K | -13K | 4.7 L |
| — | — | — | 3.0% | ₹— | 181 | ₹— | —% | — | — | — |
| 3K | 0 | — | 46.5% | ₹0.07 | 182 | ₹30.10 | 157.6% | — | 0 | 38K |
| — | — | — | 3.2% | ₹— | 183 | ₹— | —% | — | — | — |
| 1.0 L | +3K | 6K | 41.0% | ₹0.03 | 184 | ₹26.15 | 60.1% | — | 0 | 38K |
| — | — | — | 3.5% | ₹— | 185 | ₹— | —% | — | — | — |
| 9K | 0 | 13K | 41.5% | ₹0.03 | 186 | ₹27.76 | 73.3% | 3K | 0 | 3K |
| — | — | — | 3.7% | ₹— | 187 | ₹— | —% | — | — | — |
| 6K | 0 | — | 95.8% | ₹1.16 | 188 | ₹29.85 | —% | — | 0 | 22K |
| — | — | — | 4.0% | ₹— | 189 | ₹— | —% | — | — | — |
| 1.6 L | 0 | — | 52.4% | ₹0.03 | 190 | ₹28.60 | 71.7% | 91K | -44K | 2.3 L |
| — | — | — | 4.2% | ₹— | 191 | ₹— | —% | — | — | — |
| — | — | — | 123.7% | ₹2.12 | 192 | ₹31.20 | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 193 | ₹— | —% | — | — | — |
| 3.6 L | 0 | 9K | 49.7% | ₹0.02 | 194 | ₹38.50 | 136.6% | — | 0 | 31.3 L |
| — | — | — | 4.6% | ₹— | 195 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 196 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 198 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 200 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 202 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 204 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 206 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 208 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 210 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 212 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 214 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 216 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 218 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 220 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 222 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 224 | ₹— | —% | — | — | — |
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
Immediate resistance sits at ₹162, backed by highest call OI with no change, indicating stalled upside momentum. Strong support emerges at ₹100 strike, where peak put OI holds firm, suggesting deep-net sellers view this as a floor. The implied range, derived from OI concentration, narrows between ₹130 and ₹164, with ₹150 and ₹162 acting as pivotal inflection zones.
OI Buildup Activity
Fresh longs are building aggressively in 162 CE with over 4.85 lakh contracts added, signaling near-term bullish conviction near spot. Additional long call positions are accumulating at 163 and 164 strikes, indicating writers are taking on premium risk in anticipation of an upside breakout. On the put side, 150 PE sees strong OI buildup with +3.68 lakh contracts, reflecting protective downside positioning, while deeper OTM puts at 135 and 130 attract speculative longs.
Volatility Read
ATM IV at 27.78% sits moderately elevated, supporting premium-rich conditions favorable for structured short-gamma plays. A bullish skew confirms stronger demand in calls, with OTM calls commanding higher implied volatility versus puts.
Strategy Implication
Bias leans marginally bullish with writers testing resistance near 162–164, but broader structure favors tight range-bound positioning with upside vulnerability.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for GAIL (India) Limited today?▾
The strike with highest call (CE) open interest for GAIL (India) Limited is ₹144 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 GAIL (India) Limited today?▾
The strike with highest put (PE) open interest for GAIL (India) Limited is ₹130 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 GAIL (India) Limited options mean?▾
Open Interest (OI) buildup in GAIL (India) 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 GAIL (India) Limited options expire?▾
GAIL (India) 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 GAIL (India) Limited option chain?▾
The GAIL (India) 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.