Havells India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 4K | +2K | — | —% | ₹— | 1,040 | ₹— | —% | — | +1.2 L | 1.2 L |
| 2K | +500 | — | —% | ₹— | 1,080 | ₹— | —% | — | +73K | 1.6 L |
| 28K | +26K | — | —% | ₹— | 1,100 | ₹— | —% | — | +83K | 1.8 L |
| 11K | +11K | — | —% | ₹— | 1,120 | ₹— | —% | — | +49K | 1.3 L |
| 1.9 L | +1.9 L | — | —% | ₹— | 1,140 | ₹— | —% | — | +93K | 2.1 L |
| 4.4 L | +4.1 L | — | —% | ₹— | 1,160 | ₹— | —% | — | +1.9 L | 3.7 L |
| 4.7 L | +3.7 L | — | —% | ₹— | 1,180 | ₹— | —% | — | -28K | 1.1 L |
| 5.1 L | +3.3 L | — | —% | ₹— | 1,200ATM | ₹— | —% | — | +32K | 3.7 L |
| 2.2 L | +51K | — | —% | ₹— | 1,220 | ₹— | —% | — | +5K | 1.1 L |
| 2.9 L | +1.0 L | — | —% | ₹— | 1,240 | ₹— | —% | — | -7K | 87K |
| 4.4 L | +1.5 L | — | —% | ₹— | 1,260 | ₹— | —% | — | +8K | 1.8 L |
| 3.2 L | +1.1 L | — | —% | ₹— | 1,280 | ₹— | —% | — | +3K | 62K |
| 6.2 L | -21K | — | —% | ₹— | 1,300 | ₹— | —% | — | +3K | 1.5 L |
| 1.3 L | -16K | — | —% | ₹— | 1,320 | ₹— | —% | — | +3K | 17K |
| 1.1 L | -6K | — | —% | ₹— | 1,340 | ₹— | —% | — | +500 | 16K |
| 82K | -4K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 18K |
| 29K | -3K | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 3K |
| 1.7 L | +8K | — | —% | ₹— | 1,400 | ₹— | —% | — | +3K | 85K |
| 7K | 0 | — | —% | ₹— | 1,420 | ₹— | —% | — | 0 | 2K |
| 43K | -2K | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 7K |
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 shows a clear resistance band around the 1,160–1,200 ₹ zone, where the highest call OI sits at 1,000 contracts at the 1,160 ₹ strike. Conversely, the strongest put‑side support is centred near the 1,040‑1,140 ₹ range, with the peak put OI also at 1,000 contracts at the 1,040 ₹ strike. This distribution suggests that the market is pricing the underlying to trade within roughly 1,040 ₹ to 1,200 ₹ through the September expiry.
OI Buildup Activity
During the latest session, fresh call OI accumulates at 1,160 ₹ (+4 contracts, 11,500 ₹), 1,180 ₹ (+3 contracts, 74,500 ₹) and 1,200 ₹ (+3 contracts, 30,500 ₹), indicating that option writers are concentrating new exposure near the upper edge of the projected range. On the put side, new OI builds at 1,160 ₹ (+1 contract, 93,500 ₹), 1,040 ₹ (+1 contract, 16,500 ₹) and 1,140 ₹ (+0 contracts, 92,500 ₹), reflecting additional defensive positioning around the lower bound. The modest magnitude of these additions points to incremental adjustments rather than a wholesale reallocation of capital.
Volatility Read
The at‑the‑money implied volatility stands at 15.04 %, providing a moderate premium for the remaining 25 days to expiry. The volatility skew is bearish, with puts priced higher than calls, signalling that market participants assign greater downside risk to the underlying.
Key OI Levels
The largest open‑interest concentrations are observed at the 1,160 ₹ call strike (1000 contracts) and the 1,040 ₹ put strike (1000 contracts).