Glenmark Pharmaceuticals Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,120 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 1,160 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 1,200 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 1,240 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 1,280 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 1,320 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 1,360 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 1,440 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 1,460 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 1,480 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 1,500 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 1,540 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹472.60 | 1,560 | ₹9.00 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,580 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹436.75 | 1,600 | ₹12.55 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,620 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹401.90 | 1,640 | ₹17.10 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,660 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹368.25 | 1,680 | ₹22.80 | —% | — | — | — |
| 2K | 0 | — | —% | ₹550.10 | 1,700 | ₹0.20 | 70.4% | — | 0 | 9K |
| 375 | 0 | — | —% | ₹509.95 | 1,720 | ₹0.50 | 74.8% | — | 0 | 3K |
| 375 | +375 | — | —% | ₹506.45 | 1,740 | ₹0.55 | 73.3% | 375 | 0 | 4K |
| 3K | 0 | — | —% | ₹345.60 | 1,760 | ₹0.95 | 76.3% | 375 | 0 | 34K |
| 375 | +375 | — | —% | ₹476.55 | 1,780 | ₹1.50 | 76.1% | 3K | -1K | 750 |
| 12K | 0 | — | —% | ₹258.50 | 1,800 | ₹1.40 | 72.8% | 1.8 L | +375 | 78K |
| 375 | 0 | — | 111.0% | ₹429.30 | 1,820 | ₹25.95 | 130.6% | — | — | — |
| — | — | — | —% | ₹247.70 | 1,840 | ₹3.10 | 75.3% | — | 0 | 15K |
| 375 | 0 | — | 115.9% | ₹397.45 | 1,860 | ₹1.40 | 63.3% | 5K | 0 | 750 |
| 2K | 0 | — | —% | ₹240.95 | 1,880 | ₹2.25 | 64.5% | — | 0 | 17K |
| 1K | 0 | — | —% | ₹229.20 | 1,900 | ₹1.70 | 58.6% | 46K | +3K | 29K |
| 1K | 0 | — | —% | ₹231.30 | 1,920 | ₹6.00 | 70.3% | — | 0 | 5K |
| 750 | 0 | — | —% | ₹247.85 | 1,940 | ₹4.00 | 60.9% | — | 0 | 4K |
| 375 | 0 | — | —% | ₹124.85 | 1,960 | ₹2.35 | 51.7% | 52K | -750 | 31K |
| — | — | — | —% | ₹172.60 | 1,980 | ₹2.50 | 49.4% | 375 | 0 | 2K |
| 1.1 L | 0 | 5K | 42.5% | ₹233.00 | 2,000 | ₹2.90 | 47.0% | 1.3 L | -3K | 84K |
| 11K | 0 | — | —% | ₹171.55 | 2,020 | ₹4.40 | 47.6% | — | 0 | 21K |
| 6K | 0 | — | —% | ₹134.00 | 2,040 | ₹3.70 | 44.2% | 7K | -375 | 8K |
| 61K | 0 | — | 49.3% | ₹184.25 | 2,060 | ₹4.40 | 40.7% | 13K | -750 | 48K |
| 10K | 0 | — | —% | ₹138.40 | 2,080 | ₹5.20 | 38.0% | 1K | +375 | 24K |
| 1.2 L | -750 | 2K | 36.9% | ₹151.05 | 2,100 | ₹6.70 | 36.9% | 71K | -24K | 1.5 L |
| 18K | 0 | — | 55.8% | ₹141.55 | 2,120 | ₹11.10 | 37.1% | — | 0 | 25K |
| 31K | -375 | 2K | 35.3% | ₹116.20 | 2,140 | ₹10.80 | 34.0% | 35K | -7K | 50K |
| 38K | 0 | 375 | 30.6% | ₹84.00 | 2,160 | ₹14.60 | 33.0% | 61K | +6K | 1.2 L |
| 40K | -375 | 11K | 32.6% | ₹71.70 | 2,180 | ₹18.95 | 32.0% | 23K | +2K | 40K |
| 1.5 L | -3K | 44K | 32.0% | ₹57.90 | 2,200 | ₹25.30 | 31.6% | 1.0 L | -2K | 1.5 L |
| 31K | +1K | 69K | 31.4% | ₹46.15 | 2,220 | ₹33.65 | 31.5% | 40K | -6K | 25K |
| 1.0 L | +14K | 3.5 L | 31.0% | ₹35.45 | 2,240 | ₹44.00 | 31.2% | 55K | -2K | 34K |
| 1.5 L | -14K | 1.5 L | 31.5% | ₹27.15 | 2,260 | ₹55.50 | 31.2% | 33K | -7K | 67K |
| 41K | +1K | 68K | 31.8% | ₹21.50 | 2,280 | ₹67.90 | 31.0% | 28K | +1K | 19K |
| 3.2 L | -41K | 2.8 L | 32.6% | ₹17.10 | 2,300ATM | ₹79.55 | 34.3% | 8K | -2K | 16K |
| 17K | -2K | 39K | 32.7% | ₹11.80 | 2,320 | ₹333.25 | 223.2% | — | — | — |
| 26K | +3K | 26K | 33.0% | ₹9.20 | 2,340 | ₹291.60 | 180.9% | — | — | — |
| 99K | -750 | 39K | 33.4% | ₹6.55 | 2,360 | ₹276.80 | 159.4% | — | 0 | 3K |
| 16K | -15K | 44K | 34.5% | ₹5.00 | 2,380 | ₹377.70 | 228.7% | — | 0 | 1K |
| 3.1 L | -2.6 L | 6.0 L | 34.9% | ₹3.55 | 2,400 | ₹314.80 | 169.0% | — | 0 | 6K |
| 8K | -6K | 37K | 35.6% | ₹2.80 | 2,420 | ₹358.10 | 192.9% | — | — | — |
| 60K | +750 | 36K | 36.8% | ₹2.20 | 2,440 | ₹432.35 | 241.0% | — | — | — |
| — | — | 2K | 37.5% | ₹2.20 | 2,460 | ₹392.90 | 199.1% | — | — | — |
| 20K | +3K | 55K | 39.3% | ₹1.60 | 2,480 | ₹467.00 | 247.1% | — | — | — |
| 70K | -61K | 1.3 L | 41.9% | ₹1.60 | 2,500 | ₹237.60 | —% | — | 0 | 3K |
| 10K | +375 | 10K | 42.4% | ₹1.15 | 2,520 | ₹502.40 | 253.3% | — | — | — |
| 13K | 0 | 375 | 44.2% | ₹1.10 | 2,540 | ₹464.85 | 212.0% | — | — | — |
| 2K | 0 | — | 40.4% | ₹0.45 | 2,560 | ₹538.35 | 259.6% | — | — | — |
| — | — | — | 3.2% | ₹— | 2,580 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 2,600 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 2,620 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 2,640 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 2,660 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 2,680 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 2,700 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 2,720 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 2,740 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 2,760 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 2,780 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 2,800 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 2,820 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 2,840 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 2,860 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 2,880 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 2,900 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 2,920 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 2,960 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 3,000 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 3,040 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 3,080 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 3,120 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 3,160 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 3,200 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Strong support sits at ₹1120, where peak put open interest (OI) suggests aggressive put writing. Resistance looms at ₹1120 call—same strike, now acting as a psychological and structural ceiling. The implied range narrows between ₹1900 and ₹2480, framed by deep OI concentrations.
OI Buildup Activity
Fresh long calls emerge at 2240 (+14,250), signaling bullish conviction near spot, while smaller builds at 2340 and 2480 reflect speculative upside targeting. On the put side, 2160 sees strongest long addition (+4,875), with 1900 attracting defensive longs as a tail-risk hedge. Rising put OI at 2280 hints at nearby downside protection, suggesting writers are not fully committed below current levels.
Volatility Read
ATM IV at 31.42% reflects elevated hedging demand, typical of event-risk pricing over long-dated options. Bearish skew—driven by heavier put loading below spot—indicates traders lean defensive, pricing higher odds of a drop.
Strategy Implication
Bias favors short premium strategies near 1120 with directional hedges below 2160.