HCL Technologies Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 960 | ₹— | —% | — | +400 | 2K |
| 1K | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 3K |
| 1K | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 35K |
| 2K | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | +9K | 9K |
| 0 | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | +5K | 8K |
| 1K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +22K | 76K |
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | +4K | 17K |
| 400 | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | +2K | 5K |
| 4K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | +8K | 42K |
| 1K | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | +24K | 47K |
| 68K | +1K | — | —% | ₹— | 1,200 | ₹— | —% | — | +1.3 L | 3.5 L |
| 9K | -400 | — | —% | ₹— | 1,220 | ₹— | —% | — | +22K | 62K |
| 22K | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | +5K | 1.1 L |
| 16K | +800 | — | —% | ₹— | 1,260 | ₹— | —% | — | +8K | 1.1 L |
| 10K | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | +28K | 92K |
| 2.0 L | +400 | — | —% | ₹— | 1,300 | ₹— | —% | — | +8K | 2.9 L |
| 20K | +800 | — | —% | ₹— | 1,320 | ₹— | —% | — | +20K | 76K |
| 71K | +13K | — | —% | ₹— | 1,340 | ₹— | —% | — | +54K | 1.4 L |
| 97K | +32K | — | —% | ₹— | 1,360 | ₹— | —% | — | +40K | 1.8 L |
| 1.5 L | +42K | — | —% | ₹— | 1,380 | ₹— | —% | — | +1.4 L | 2.5 L |
| 6.3 L | +1.0 L | — | —% | ₹— | 1,400ATM | ₹— | —% | — | -8K | 4.4 L |
| 3.4 L | +1.1 L | — | —% | ₹— | 1,420 | ₹— | —% | — | +17K | 2.1 L |
| 2.8 L | +64K | — | —% | ₹— | 1,440 | ₹— | —% | — | -19K | 66K |
| 2.1 L | +12K | — | —% | ₹— | 1,460 | ₹— | —% | — | -400 | 30K |
| 1.4 L | +7K | — | —% | ₹— | 1,480 | ₹— | —% | — | 0 | 26K |
| 2.3 L | -40K | — | —% | ₹— | 1,500 | ₹— | —% | — | -2K | 36K |
| 1.3 L | +22K | — | —% | ₹— | 1,520 | ₹— | —% | — | -400 | 22K |
| 80K | +21K | — | —% | ₹— | 1,540 | ₹— | —% | — | 0 | 0 |
| 1.1 L | -55K | — | —% | ₹— | 1,560 | ₹— | —% | — | +1K | 4K |
| 2.4 L | +46K | — | —% | ₹— | 1,600 | ₹— | —% | — | 0 | 3K |
| 1.3 L | +13K | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 400 |
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 pool clusters around the 1,400‑1,420 call band and the 1,200‑1,380 put band, suggesting a market‑driven price corridor of roughly ₹1,200 to ₹1,420 for the next expiry and reflecting prevailing macro‑economic cues that influence investor sentiment across global markets. The 1,400 call strike hosts 1,00,400 contracts, while the 1,380 put strike accumulates 1,37,600 contracts, marking the core of directional bias. This concentration indicates that traders anticipate the underlying to oscillate within this range, treating the 1,200 put and 1,420 call as psychological support and resistance zones.
OI Buildup Activity
Fresh open interest adds spotlight the 1,420 call (+1,05,600), 1,400 call (+1,00,400) and 1,440 call (+64,400), reflecting aggressive speculation on upside moves. On the downside, the 1,380 put (+1,37,600), 1,200 put (+1,26,000) and 1,340 put (+54,000) record the largest inflows, indicating defensive positioning against lower breakthroughs despite recent earnings beat, the market remains cautious, seeking confirmation from price. The parity of additions on both sides points to a balanced hedging environment where writers are stacking risk at adjacent strikes, implying risk‑on environment for option writers.
Volatility Read
The at‑the‑money implied volatility stands at 25.81%, mirroring moderate market uncertainty ahead of the November expiry. The volatility skew remains neutral, showing no pronounced bias toward call or put premiums.
Key OI Levels
The highest call open interest resides at the 1,200 strike (1,000 contracts) and the highest put open interest at the 3,200 strike (1,000 contracts), highlighting interest across the OI spectrum.