Godrej Consumer Products Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 700 | ₹— | —% | — | +26K | 26K |
| 0 | 0 | — | —% | ₹— | 720 | ₹— | —% | — | +25K | 31K |
| 0 | 0 | — | —% | ₹— | 740 | ₹— | —% | — | +17K | 51K |
| 0 | 0 | — | —% | ₹— | 750 | ₹— | —% | — | -11K | 46K |
| 0 | 0 | — | —% | ₹— | 760 | ₹— | —% | — | +9K | 64K |
| 0 | 0 | — | —% | ₹— | 770 | ₹— | —% | — | +3K | 22K |
| 500 | 0 | — | —% | ₹— | 780 | ₹— | —% | — | +18K | 1.2 L |
| 0 | 0 | — | —% | ₹— | 790 | ₹— | —% | — | +15K | 17K |
| 43K | +35K | — | —% | ₹— | 800 | ₹— | —% | — | +12K | 3.4 L |
| 0 | 0 | — | —% | ₹— | 810 | ₹— | —% | — | +15K | 25K |
| 1.3 L | +89K | — | —% | ₹— | 820 | ₹— | —% | — | +50K | 2.0 L |
| 2.4 L | +48K | — | —% | ₹— | 830 | ₹— | —% | — | -8K | 1.9 L |
| 1.7 L | +33K | — | —% | ₹— | 840 | ₹— | —% | — | +27K | 1.8 L |
| 1.9 L | +45K | — | —% | ₹— | 850 | ₹— | —% | — | -4K | 2.0 L |
| 2.3 L | +16K | — | —% | ₹— | 860 | ₹— | —% | — | +18K | 1.1 L |
| 2.0 L | +12K | — | —% | ₹— | 870 | ₹— | —% | — | +2K | 46K |
| 1.1 L | +39K | — | —% | ₹— | 880 | ₹— | —% | — | -2K | 30K |
| 32K | +32K | — | —% | ₹— | 890 | ₹— | —% | — | 0 | 0 |
| 2.7 L | +13K | — | —% | ₹— | 900 | ₹— | —% | — | +500 | 96K |
| 26K | +8K | — | —% | ₹— | 910 | ₹— | —% | — | 0 | 0 |
| 67K | -5K | — | —% | ₹— | 920 | ₹— | —% | — | 0 | 9K |
| 13K | +7K | — | —% | ₹— | 930 | ₹— | —% | — | 0 | 43K |
| 93K | +9K | — | —% | ₹— | 940ATM | ₹— | —% | — | 0 | 3.4 L |
| 37K | +500 | — | —% | ₹— | 950 | ₹— | —% | — | 0 | 59K |
| 9K | +7K | — | —% | ₹— | 960 | ₹— | —% | — | +500 | 1K |
| 2K | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 4K |
| 1.4 L | -23K | — | —% | ₹— | 1,000 | ₹— | —% | — | +10K | 78K |
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 centers around the 820‑850 ₹ call cluster and the 700‑840 ₹ put cluster. The bulk of call OI sits at 820 ₹ (≈ 89,500 contracts added) and 830 ₹ (≈ 48,000), while put OI concentrates at 820 ₹ (≈ 49,500) and 840 ₹ (≈ 27,000). This distribution suggests an implied trading range roughly between 790 ₹ and 860 ₹ for the underlying, with the 820 ₹ level acting as a pivot for both sides. Resistance is likely near the 820 ₹ call strike, while support aligns with the 1000 ₹ put strike that carries the highest put OI.
OI Buildup Activity
Recent daily additions show a surge of 89,500 call contracts at the 820 ₹ strike, followed by 48,000 at 830 ₹ and 43,500 at 850 ₹, indicating aggressive positioning by option writers near the upper band of the implied range. On the put side, 49,500 contracts accrue at 820 ₹, with notable builds of 27,000 at 840 ₹ and 25,500 at 700 ₹, reflecting defensive hedging or speculative exposure below the current spot. The concentration of fresh OI at these strikes implies that market participants are anchoring their risk around the 820‑₹ zone, expecting limited price excursions beyond the identified resistance and support levels.
Volatility Read
The at‑the‑money implied volatility stands at 25.37 %, representing a moderate premium for near‑term premium‑selling strategies. The volatility skew is neutral, indicating that implied volatility is evenly priced across out‑of‑the‑money calls and puts.
Key OI Levels
The highest call OI sits at 820 ₹ (2,69,500 contracts) and the highest put OI at 1000 ₹ (77,000 contracts).