GE Vernova T&D India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 3,200 | ₹— | —% | — | 0 | 625 |
| 125 | 0 | — | —% | ₹— | 3,400 | ₹— | —% | — | +625 | 4K |
| — | — | — | —% | ₹— | 3,500 | ₹— | —% | — | -250 | 625 |
| 1K | +1K | — | —% | ₹— | 3,600 | ₹— | —% | — | 0 | 375 |
| 375 | +375 | — | —% | ₹— | 3,700 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 3,800 | ₹— | —% | — | -500 | 38K |
| 2K | +125 | — | —% | ₹— | 3,900 | ₹— | —% | — | +250 | 73K |
| 30K | -875 | — | —% | ₹— | 4,000 | ₹— | —% | — | +17K | 1.0 L |
| 40K | -375 | — | —% | ₹— | 4,100 | ₹— | —% | — | +3K | 65K |
| 97K | -3K | — | —% | ₹— | 4,200 | ₹— | —% | — | +750 | 1.4 L |
| 68K | -2K | — | —% | ₹— | 4,300 | ₹— | —% | — | -2K | 69K |
| 1.2 L | +27K | — | —% | ₹— | 4,400 | ₹— | —% | — | -3K | 29K |
| 2.4 L | +1K | — | —% | ₹— | 4,500ATM | ₹— | —% | — | -3K | 40K |
| 1.3 L | -5K | — | —% | ₹— | 4,600 | ₹— | —% | — | 0 | 8K |
| 1.4 L | 0 | — | —% | ₹— | 4,700 | ₹— | —% | — | -125 | 5K |
| 1.8 L | +875 | — | —% | ₹— | 4,800 | ₹— | —% | — | -250 | 6K |
| 0 | 0 | — | —% | ₹— | 4,900 | ₹— | —% | — | 0 | 125 |
| 91K | +7K | — | —% | ₹— | 5,000 | ₹— | —% | — | 0 | 3K |
| 18K | -750 | — | —% | ₹— | 5,200 | ₹— | —% | — | 0 | 750 |
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 centres around the 4,400 CE and 4,000 PE strikes, each holding 1,800 contracts, which act as a short‑term resistance and support band respectively. The bulk of the OI sits between 4,000 and 4,500, suggesting a market‑implied price corridor for the underlying over the next 25 days. Consequently, movements outside the 4,000–4,500 range would need to overcome substantial open positions to break through these zones.
OI Buildup Activity
During the latest session, the 4,400 CE strike attracted an additional 26,875 contracts, indicating that option writers are piling up exposure near the current resistance level. At the put side, the 4,000 PE strike saw a fresh addition of 16,625 contracts, reinforcing the support zone with new writer interest. Smaller but notable inflows appear at 4,500 CE (+1,250), 5,000 CE (+6,625), 4,100 PE (+2,500) and 4,200 PE (+750), reflecting a layered positioning strategy across the implied range.
Volatility Read
The at‑the‑money implied volatility stands at 35.27 %, marking a moderately elevated pricing of forward risk for the contract. The volatility skew is bearish, with out‑of‑the‑money calls priced higher than puts, implying market participants anticipate a greater probability of downside movement.
Key OI Levels
The highest open‑interest concentrations are observed at the 4,400 CE strike (1,800 contracts) and the 4,000 PE strike (1,800 contracts).