GE Vernova T&D India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 3,000 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 3,100 | ₹— | —% | — | -13K | 3K |
| 0 | 0 | — | —% | ₹— | 3,200 | ₹— | —% | — | -14K | 10K |
| 125 | 0 | — | —% | ₹— | 3,300 | ₹— | —% | — | -1K | 6K |
| 625 | 0 | — | —% | ₹— | 3,400 | ₹— | —% | — | -3K | 10K |
| 8K | 0 | — | —% | ₹— | 3,500 | ₹— | —% | — | -2K | 54K |
| 7K | +125 | — | —% | ₹— | 3,600 | ₹— | —% | — | +10K | 56K |
| 20K | -2K | — | —% | ₹— | 3,700 | ₹— | —% | — | +79K | 1.2 L |
| 27K | -2K | — | —% | ₹— | 3,800 | ₹— | —% | — | +375 | 56K |
| 83K | -2K | — | —% | ₹— | 3,900ATM | ₹— | —% | — | -1.1 L | 2.1 L |
| 1.1 L | -29K | — | —% | ₹— | 4,000 | ₹— | —% | — | +43K | 82K |
| 1.0 L | +38K | — | —% | ₹— | 4,100 | ₹— | —% | — | +72K | 75K |
| 1.5 L | +31K | — | —% | ₹— | 4,200 | ₹— | —% | — | +3K | 19K |
| 88K | +40K | — | —% | ₹— | 4,300 | ₹— | —% | — | 0 | 5K |
| 44K | +32K | — | —% | ₹— | 4,400 | ₹— | —% | — | 0 | 375 |
| 83K | +11K | — | —% | ₹— | 4,500 | ₹— | —% | — | +2K | 7K |
| 1.2 L | +1.0 L | — | —% | ₹— | 4,600 | ₹— | —% | — | -125 | 2K |
| 250 | 0 | — | —% | ₹— | 4,700 | ₹— | —% | — | 0 | 625 |
| 17K | +15K | — | —% | ₹— | 4,800 | ₹— | —% | — | 0 | 750 |
| 20K | +17K | — | —% | ₹— | 5,000 | ₹— | —% | — | +125 | 2K |
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 pool is heavily concentrated at the 4,100 strike for calls and the 4,000 strike for puts, indicating a trading range around the current spot of ₹4,060. The highest call OI of 2,000 contracts sits at the 4,100 level, acting as resistance, while the highest put OI of 2,000 contracts sits at the 4,000 level, providing support. This clustering suggests that market participants expect price movement to stay within ₹3,900‑₹4,200 through the November expiry.
OI Buildup Activity
Fresh call open interest accrues at the 4,600 strike with an addition of 100,000 contracts, followed by builds of 38,875 at 4,300 and 38,500 at 4,100, reflecting writing of out‑of‑the‑money calls. On the put side, the 3,700 strike attracts the largest new inflow of 78,875 contracts, with additional builds of 72,000 at 4,100 and 42,500 at 4,000, indicating a hedge around the underlying. The pattern of concentrated additions on both sides points to makers establishing directional bias while managing delta exposure ahead of the expiry.
Volatility Read
The at‑the‑money implied volatility stands at 40.71%, a level consistent with historical norm and suggesting moderate premium pricing. The volatility skew remains, implying no pronounced demand for either upside or downside protection.
Key OI Levels
The strikes with the highest open interest are 4,100 for calls and 4,000 for puts, 2,000 contracts.