Glenmark Pharmaceuticals Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 375 | 0 | — | —% | ₹— | 2,000 | ₹— | —% | — | +2K | 14K |
| — | — | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 1K |
| — | — | — | —% | ₹— | 2,080 | ₹— | —% | — | 0 | 5K |
| 3K | 0 | — | —% | ₹— | 2,100 | ₹— | —% | — | -375 | 33K |
| 0 | 0 | — | —% | ₹— | 2,120 | ₹— | —% | — | 0 | 12K |
| 2K | 0 | — | —% | ₹— | 2,140 | ₹— | —% | — | -1K | 9K |
| 375 | 0 | — | —% | ₹— | 2,160 | ₹— | —% | — | 0 | 6K |
| 2K | 0 | — | —% | ₹— | 2,180 | ₹— | —% | — | 0 | 6K |
| 49K | 0 | — | —% | ₹— | 2,200 | ₹— | —% | — | +6K | 83K |
| 2K | 0 | — | —% | ₹— | 2,220 | ₹— | —% | — | 0 | 6K |
| 7K | 0 | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 31K |
| 15K | 0 | — | —% | ₹— | 2,260 | ₹— | —% | — | 0 | 1.1 L |
| 12K | 0 | — | —% | ₹— | 2,280 | ₹— | —% | — | 0 | 29K |
| 1.1 L | +375 | — | —% | ₹— | 2,300 | ₹— | —% | — | +8K | 1.3 L |
| 8K | 0 | — | —% | ₹— | 2,320 | ₹— | —% | — | +1K | 16K |
| 36K | -375 | — | —% | ₹— | 2,340 | ₹— | —% | — | +375 | 43K |
| 29K | 0 | — | —% | ₹— | 2,360 | ₹— | —% | — | -9K | 59K |
| 20K | 0 | — | —% | ₹— | 2,380 | ₹— | —% | — | +9K | 39K |
| 3.3 L | -1K | — | —% | ₹— | 2,400ATM | ₹— | —% | — | -10K | 2.1 L |
| 39K | +5K | — | —% | ₹— | 2,420 | ₹— | —% | — | -3K | 19K |
| 76K | +28K | — | —% | ₹— | 2,440 | ₹— | —% | — | -9K | 42K |
| 80K | +22K | — | —% | ₹— | 2,460 | ₹— | —% | — | +8K | 56K |
| 58K | +1K | — | —% | ₹— | 2,480 | ₹— | —% | — | -750 | 49K |
| 2.3 L | -28K | — | —% | ₹— | 2,500 | ₹— | —% | — | +1K | 42K |
| 81K | +5K | — | —% | ₹— | 2,520 | ₹— | —% | — | 0 | 20K |
| 1.3 L | -10K | — | —% | ₹— | 2,540 | ₹— | —% | — | 0 | 7K |
| 63K | +2K | — | —% | ₹— | 2,560 | ₹— | —% | — | 0 | 2K |
| 35K | 0 | — | —% | ₹— | 2,580 | ₹— | —% | — | 0 | 0 |
| 2.6 L | -7K | — | —% | ₹— | 2,600 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 2,620 | ₹— | —% | — | 0 | 0 |
| 37K | 0 | — | —% | ₹— | 2,640 | ₹— | —% | — | 0 | 30K |
| 2K | 0 | — | —% | ₹— | 2,660 | ₹— | —% | — | 0 | 2K |
| 23K | 0 | — | —% | ₹— | 2,680 | ₹— | —% | — | 0 | 2K |
| 14K | +375 | — | —% | ₹— | 2,700 | ₹— | —% | — | 0 | 375 |
| 32K | -1K | — | —% | ₹— | 2,720 | ₹— | —% | — | 0 | 2K |
| 1K | 0 | — | —% | ₹— | 2,740 | ₹— | —% | — | 0 | 1K |
| 1K | 0 | — | —% | ₹— | 2,760 | ₹— | —% | — | 0 | 1K |
| 32K | 0 | — | —% | ₹— | 2,800 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 2,840 | ₹— | —% | — | 0 | 0 |
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) profile clusters tightly around the ₹2,440 and ₹2,380 strikes, marking the primary resistance and support zones for the underlying. A secondary resistance band forms near ₹2,460, while a lower support tier builds around ₹2,300. Given the current spot of ₹2,437.2, the implied price corridor for the September‑29 expiry stretches roughly between ₹2,380 and ₹2,460, with the mids of the band acting as a pivot for market participants.
OI Buildup Activity
During the latest session, fresh OI adds of 27,750 contracts at the ₹2,440 call, 21,375 contracts at the ₹2,460 call, and 5,250 contracts at the ₹2,520 call signal a notable influx of new call writers targeting the upside resistance zone. On the put side, the market sees additions of 9,000 contracts each at the ₹2,380 and ₹2,460 strikes and 7,500 contracts at the ₹2,300 level, indicating reinforced positioning around the established support. The simultaneous accumulation of both calls and puts around the same strikes suggests that market makers are hedging exposure rather than taking directional bets.
Volatility Read
The at‑the‑money implied volatility sits at 21.72%, reflecting moderate uncertainty for the underlying over the remaining 25‑day horizon. A bearish skew is evident, with out‑of‑the‑money puts priced higher than equivalent calls, implying a tilt toward downside risk premia.
Key OI Levels
The highest call OI of 1,480 contracts concentrates at the ₹2,440 strike, while the highest put OI of 1,480 contracts clusters at the ₹2,380 strike.