GMR AIRPORTS LIMITED Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 46 | ₹— | 16.6% | — | — | — |
| — | — | — | —% | ₹— | 48 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 50 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 52 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 54 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 56 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 58 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 60 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 62 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 63 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 64 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 65 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 66 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 67 | ₹— | 8.3% | — | — | — |
| 1.3 L | 0 | — | —% | ₹29.26 | 68 | ₹0.02 | —% | — | 0 | 63K |
| — | — | — | —% | ₹— | 69 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹24.02 | 70 | ₹0.01 | —% | 7K | 0 | 1.2 L |
| — | — | — | —% | ₹— | 71 | ₹— | 7.0% | — | — | — |
| 77K | 0 | — | —% | ₹25.55 | 72 | ₹0.03 | —% | — | +7K | 7K |
| — | — | — | —% | ₹29.59 | 73 | ₹0.06 | —% | — | — | — |
| 42K | 0 | — | —% | ₹21.18 | 74 | ₹0.64 | —% | — | — | — |
| — | — | — | —% | ₹27.66 | 75 | ₹0.04 | 81.2% | — | 0 | 2.2 L |
| 84K | 0 | — | 87.7% | ₹21.70 | 76 | ₹0.88 | —% | — | — | — |
| — | — | — | —% | ₹25.74 | 77 | ₹0.25 | 100.8% | 7K | 0 | 14K |
| 7K | 0 | — | —% | ₹19.99 | 78 | ₹0.05 | 72.6% | — | 0 | 2.0 L |
| — | — | — | —% | ₹23.84 | 79 | ₹1.68 | —% | — | 0 | 7K |
| 5.2 L | 0 | 7K | —% | ₹17.33 | 80 | ₹0.03 | 64.3% | 5.2 L | -84K | 13.7 L |
| — | — | — | —% | ₹21.99 | 81 | ₹0.22 | 80.0% | — | 0 | 1.3 L |
| 1.0 L | 0 | — | 149.4% | ₹17.85 | 82 | ₹0.10 | 65.2% | — | 0 | 1.3 L |
| 70K | 0 | — | —% | ₹7.12 | 83 | ₹0.07 | 59.6% | 77K | 0 | 2.4 L |
| — | — | — | —% | ₹12.48 | 84 | ₹0.15 | 62.0% | — | 0 | 4.7 L |
| 15.9 L | 0 | — | —% | ₹12.60 | 85 | ₹0.09 | 54.4% | 3.3 L | +14K | 29.9 L |
| 6.3 L | 0 | — | —% | ₹11.05 | 86 | ₹0.10 | 51.7% | 1.2 L | -14K | 7.8 L |
| 2.7 L | 0 | — | 120.0% | ₹13.00 | 87 | ₹0.20 | 54.2% | — | 0 | 5.4 L |
| 3.1 L | 0 | — | —% | ₹9.39 | 88 | ₹0.15 | 48.4% | 14K | 0 | 5.6 L |
| 5.4 L | 0 | — | 55.0% | ₹9.01 | 89 | ₹0.20 | 46.3% | 4.5 L | -2.5 L | 5.3 L |
| 22.5 L | -35K | 3.8 L | 48.2% | ₹8.11 | 90 | ₹0.23 | 44.5% | 25.6 L | -13.4 L | 34.0 L |
| 6.2 L | 0 | — | 40.5% | ₹6.88 | 91 | ₹0.29 | 42.5% | 3.0 L | +70K | 5.3 L |
| 5.6 L | 0 | — | 91.7% | ₹8.28 | 92 | ₹0.43 | 41.3% | 16.1 L | +5.2 L | 13.9 L |
| 4.0 L | -14K | 63K | 39.9% | ₹5.20 | 93 | ₹0.53 | 40.5% | 3.4 L | +1.5 L | 10.9 L |
| 3.1 L | +14K | 1.6 L | 37.0% | ₹4.41 | 94 | ₹0.72 | 39.6% | 3.8 L | -14K | 10.3 L |
| 24.8 L | -28K | 3.8 L | 38.5% | ₹3.66 | 95 | ₹0.97 | 39.1% | 15.2 L | -28K | 48.0 L |
| 5.4 L | -35K | 3.1 L | 36.8% | ₹3.00 | 96 | ₹1.23 | 38.6% | 8.7 L | +77K | 6.6 L |
| 10.4 L | +98K | 10.7 L | 38.0% | ₹2.64 | 97 | ₹1.64 | 39.0% | 21.7 L | +7K | 11.4 L |
| 20.2 L | +6.3 L | 44.6 L | 38.8% | ₹2.14 | 98 | ₹2.10 | 39.0% | 21.6 L | +3.6 L | 10.7 L |
| 12.7 L | +42K | 30.0 L | 38.2% | ₹1.67 | 99 | ₹2.67 | 38.9% | 7.2 L | +14K | 7.1 L |
| 1.25 Cr | -13.9 L | 1.43 Cr | 38.3% | ₹1.27 | 100ATM | ₹3.59 | 41.1% | 4.3 L | +35K | 18.3 L |
| 9.3 L | +56K | 14.2 L | 38.3% | ₹1.01 | 101 | ₹4.00 | 39.4% | 2.2 L | +49K | 70K |
| 23.1 L | +1.5 L | 21.4 L | 38.7% | ₹0.77 | 102 | ₹4.75 | 41.0% | 63K | 0 | 4.0 L |
| 7.1 L | +42K | 6.1 L | 39.9% | ₹0.52 | 103 | ₹5.54 | 39.5% | 63K | -21K | 56K |
| 4.4 L | +84K | 3.2 L | 40.4% | ₹0.48 | 104 | ₹6.74 | 40.2% | — | 0 | 70K |
| 36.7 L | -3.5 L | 28.8 L | 40.2% | ₹0.29 | 105 | ₹7.65 | 40.8% | 98K | -21K | 7.0 L |
| 2.4 L | +56K | 1.9 L | 41.1% | ₹0.25 | 106 | ₹14.46 | 167.9% | — | — | — |
| 6.4 L | +56K | 2.1 L | 40.9% | ₹0.17 | 107 | ₹8.81 | 42.1% | 1.3 L | +77K | 1.4 L |
| 4.5 L | 0 | 14K | 42.8% | ₹0.13 | 108 | ₹10.74 | 56.0% | — | 0 | 28K |
| 1.5 L | 0 | — | 45.0% | ₹0.12 | 109 | ₹11.20 | —% | — | 0 | 7K |
| 13.5 L | -21K | 4.6 L | 42.8% | ₹0.07 | 110 | ₹11.89 | 44.3% | 42K | -14K | 56K |
| — | — | — | 138.8% | ₹3.24 | 111 | ₹11.27 | —% | — | — | — |
| 8.7 L | +7K | 91K | 46.5% | ₹0.05 | 112 | ₹14.36 | 44.9% | — | 0 | 35K |
| — | — | — | 136.8% | ₹2.72 | 113 | ₹15.98 | 83.0% | — | 0 | 21K |
| 21K | 0 | — | 45.4% | ₹0.02 | 114 | ₹16.30 | —% | — | 0 | 7K |
| — | — | — | 3.6% | ₹— | 115 | ₹— | —% | — | — | — |
| 21K | 0 | — | 49.8% | ₹0.02 | 116 | ₹17.90 | 64.6% | 14K | 0 | 1.6 L |
| — | — | — | 4.0% | ₹— | 117 | ₹— | —% | — | — | — |
| 1.8 L | 0 | — | 59.0% | ₹0.04 | 118 | ₹20.04 | —% | — | 0 | 49K |
| — | — | — | 4.4% | ₹— | 119 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 120 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 121 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 122 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 123 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 124 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 125 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 126 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 128 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 130 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 132 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 134 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 136 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 138 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 140 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 142 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance forms at ₹100, where call options hold massive open interest of 12.5 million contracts, signaling strong writer presence. Support sits at ₹92–₹93, anchored by peak put OI at ₹100 and fresh buildup below. The implied range is confined between ₹92 (floor) and ₹100 (ceiling), with ₹98 acting as a pivot.
OI Buildup Activity
Fresh longs emerge at ₹98 call, adding +6.27 lakh contracts, suggesting aggressive call writing near spot. Writers also accumulate at ₹102 CE (+1.46 lakh), extending upside resistance beyond current levels. On the put side, longs pile into ₹92 (+5.16 lakh) and ₹93 (+1.53 lakh), indicating bearish hedging and potential downside targeting.
Volatility Read
ATM IV at 38.78% reflects elevated near-term premium, favoring option sellers. Bearish skew confirms put demand dominates, with downside protection outweighing call speculation.
Strategy Implication
Bias leans bearish with premium selling favored at higher strikes and support plays near ₹92.