HCL Technologies Limited

NSE: HCLTECHInformation TechnologyLot size: 400

HCL Technologies Limited Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
70.6 L
Total PE OI
41.9 L
PCR
0.59Bearish
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
%1,000%028K
%1,100%062K
00%1,120%00
4000%1,140%+80032K
1K0%1,160%+10K4.2 L
00%1,170%00
8K0%1,180%+2K90K
400+400%1,190%013K
28K-1K%1,200%+31K2.6 L
22K0%1,210%+4K32K
4K0%1,220%+1.1 L1.6 L
6K0%1,230%+5K45K
7K-800%1,240%+17K59K
26K-3K%1,250%+9K2.8 L
30K+3K%1,260%+21K1.3 L
10K+3K%1,270%+13K87K
64K+5K%1,280%+24K2.1 L
1.2 L+33K%1,290%-26K1.2 L
4.4 L+1.7 L%1,300%-65K4.9 L
2.8 L+95K%1,310%-35K2.0 L
6.2 L+1.5 L%1,320%-4K3.0 L
3.3 L+80K%1,330%-7K2.4 L
5.3 L+68K%1,340%-9K2.5 L
7.5 L+18K%1,350%-7K1.7 L
5.6 L+14K%1,360%-4K2.0 L
2.7 L+1.2 L%1,370%-40073K
2.2 L+400%1,380%+40054K
1.2 L+71K%1,390%020K
8.5 L+1.2 L%1,400ATM%+8001.0 L
68K+9K%1,410%011K
2.0 L-18K%1,420%07K
74K-2K%1,430%018K
1.3 L-6K%1,440%02K
1.1 L-4K%1,450%02K
1.8 L-400%1,460%04K
2.2 L+2K%1,470%0400
4.2 L-14K%1,480%02K
61K0%1,490%0400
1.8 L+800%1,500%05K
36K-6K%1,520%0400
78K-3K%1,540%05K

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

Live Greeks Panel

AI AnalysisGenerated daily after market close · AI-powered

Key Strike Levels

The open‑interest (OI) profile clusters around the 1,220‑1,300 ₹ band, suggesting a market‑defined support‑resistance corridor for the underlying. The highest put OI sits at 1,200 ₹ (28,400 contracts), anchoring a strong support level, while the greatest call OI is observed at 1,000 ₹ (0 contracts), marking a resistance ceiling. The implied price range derived from the ATM IV (≈ 25.6 %) aligns with these strike concentrations, indicating that traders expect the spot to oscillate within this band through the September expiry.

OI Buildup Activity

During the latest data window, fresh call OI accumulates at 1,300 ₹ (+174,800 contracts), 1,320 ₹ (+150,000 contracts) and 1,370 ₹ (+124,800 contracts), reflecting renewed bullish positioning at higher strikes. On the put side, new OI emerges at 1,220 ₹ (+105,200 contracts), 1,200 ₹ (+30,400 contracts) and 1,280 ₹ (+23,600 contracts), indicating writers are reinforcing defensive layers beneath the current market level. The net effect is a balanced expansion of both sides of the market, with writers concentrating around the 1,220‑1,300 ₹ zone.

Volatility Read

The at‑the‑money implied volatility stands at 25.56 %, a moderate level for a technology‑focused equity. The volatility skew is bearish, meaning out‑of‑the‑money calls carry relatively higher IV than analogous puts, hinting at a market bias toward downside moves.

Key OI Levels

The most concentrated open interest appears at the 1,000 ₹ call strike (resistance) and the 1,200 ₹ put strike (support).

Frequently Asked Questions

What is the highest call OI strike for HCL Technologies Limited today?
The strike with highest call (CE) open interest for HCL Technologies Limited is ₹1,400 for the 2026-09-29 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for HCL Technologies Limited today?
The strike with highest put (PE) open interest for HCL Technologies Limited is ₹1,300 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in HCL Technologies Limited options mean?
Open Interest (OI) buildup in HCL Technologies Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does HCL Technologies Limited options expire?
HCL Technologies Limited options have their nearest expiry on 2026-09-29. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read HCL Technologies Limited option chain?
The HCL Technologies Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.