Godfrey Phillips India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | +825 | — | —% | ₹— | 1,700 | ₹— | —% | — | 0 | 0 |
| 5K | 0 | — | —% | ₹— | 1,800 | ₹— | —% | — | +44K | 67K |
| 1K | +1K | — | —% | ₹— | 1,850 | ₹— | —% | — | 0 | 0 |
| 5K | +4K | — | —% | ₹— | 1,900 | ₹— | —% | — | +15K | 47K |
| 2K | 0 | — | —% | ₹— | 1,950 | ₹— | —% | — | +4K | 6K |
| 20K | +1K | — | —% | ₹— | 2,000 | ₹— | —% | — | -7K | 50K |
| 5K | +550 | — | —% | ₹— | 2,050 | ₹— | —% | — | 0 | 0 |
| 1.2 L | +19K | — | —% | ₹— | 2,100 | ₹— | —% | — | +275 | 99K |
| 47K | -5K | — | —% | ₹— | 2,150 | ₹— | —% | — | 0 | 14K |
| 1.8 L | -1K | — | —% | ₹— | 2,200ATM | ₹— | —% | — | 0 | 59K |
| 9K | 0 | — | —% | ₹— | 2,250 | ₹— | —% | — | 0 | 0 |
| 89K | +41K | — | —% | ₹— | 2,300 | ₹— | —% | — | -825 | 5K |
| 1.5 L | -275 | — | —% | ₹— | 2,350 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 2,400 | ₹— | —% | — | +1K | 1K |
| 10K | +4K | — | —% | ₹— | 2,500 | ₹— | —% | — | 0 | 550 |
| 275 | 0 | — | —% | ₹— | 2,550 | ₹— | —% | — | — | — |
| 2K | +550 | — | —% | ₹— | 2,600 | ₹— | —% | — | — | — |
| 12K | +6K | — | —% | ₹— | 2,650 | ₹— | —% | — | — | — |
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) picture shows a tight concentration around the ₹2,100‑₹2,150 call band and the ₹1,800‑₹1,950 put band. The highest call OI sits at the ₹2,100 strike (1,100 contracts), acting as a short‑term resistance, while the highest put OI is at the ₹1,800 strike (1,100 contracts), marking a near‑term support level. Together these pairs define an implied price corridor of roughly ₹1,800 – ₹2,150 for the September expiry.
OI Buildup Activity
During the latest refresh, the call side accumulated an additional 41,525 contracts at the ₹2,300 strike, 20,075 contracts at ₹2,100, and 5,775 contracts at ₹2,650, indicating fresh bullish positioning above the current spot. On the put side, the most pronounced increases appear at the ₹1,800 strike (+43,725 contracts), followed by ₹1,900 (+14,300 contracts) and ₹1,950 (+3,850 contracts), reflecting accumulating defensive hedges. The net effect is a surge in OI on both wings, with writers stacking at the identified resistance‑support pairs.
Volatility Read
The at‑the‑money implied volatility stands at 24.92%, a moderate level for this underlying. The volatility skew is bearish, with out‑of‑the‑money calls priced higher than equivalent puts, suggesting market participants anticipate more upside risk than downside.
Key OI Levels
The strikes with the largest open‑interest concentrations are ₹2,100 on the call side and ₹1,800 on the put side, each holding 1,100 contracts.