HDFC Asset Management Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 1K | +900 | — | —% | ₹— | 2,100 | ₹— | —% | — | +6K | 14K |
| 3K | 0 | — | —% | ₹— | 2,200 | ₹— | —% | — | +22K | 53K |
| 1K | +1K | — | —% | ₹— | 2,250 | ₹— | —% | — | +6K | 6K |
| 8K | +4K | — | —% | ₹— | 2,300 | ₹— | —% | — | +57K | 1.8 L |
| 0 | 0 | — | —% | ₹— | 2,350 | ₹— | —% | — | 0 | 0 |
| 26K | +16K | — | —% | ₹— | 2,400 | ₹— | —% | — | +23K | 2.0 L |
| 29K | +15K | — | —% | ₹— | 2,450 | ₹— | —% | — | +32K | 1.6 L |
| 3.0 L | +1.1 L | — | —% | ₹— | 2,500 | ₹— | —% | — | +74K | 3.2 L |
| 1.2 L | +38K | — | —% | ₹— | 2,550 | ₹— | —% | — | +2K | 88K |
| 4.1 L | +56K | — | —% | ₹— | 2,600ATM | ₹— | —% | — | 0 | 2.1 L |
| 1.3 L | +11K | — | —% | ₹— | 2,650 | ₹— | —% | — | 0 | 47K |
| 3.0 L | +17K | — | —% | ₹— | 2,700 | ₹— | —% | — | +900 | 87K |
| 1.2 L | +5K | — | —% | ₹— | 2,750 | ₹— | —% | — | 0 | 8K |
| 69K | -15K | — | —% | ₹— | 2,800 | ₹— | —% | — | 0 | 22K |
| 30K | +300 | — | —% | ₹— | 2,850 | ₹— | —% | — | 0 | 300 |
| 94K | -4K | — | —% | ₹— | 2,900 | ₹— | —% | — | 0 | 5K |
| 98K | -2K | — | —% | ₹— | 3,000 | ₹— | —% | — | 0 | 8K |
| 300 | 0 | — | —% | ₹— | 3,100 | ₹— | —% | — | 0 | 300 |
| 14K | -2K | — | —% | ₹— | 3,200 | ₹— | —% | — | — | — |
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 call open interest is heavily clustered at the 2500 strike with 1,300 contracts, acting as a strong resistance near the current spot of 2,458.3, especially as buyers test this barrier. The put side mirrors this pattern, with 1,300 contracts at the 2500 strike providing a solid support level should the index retreat, reinforcing downside confidence. Together these concentrations define an implied trading range of roughly 2,450–2,560 for the remainder of the September session, guiding intraday strategies.
OI Buildup Activity
Fresh call open interest adds of 2,500 contracts at the 2600 strike and 2,500 contracts at the 2550 strike indicate aggressive buying by market makers, capturing short‑term momentum and reflecting aggressive speculation on short‑term catalysts. On the put side, new additions of 7,500 contracts at 2500 and 5,670 contracts at 2300 suggest writers are positioning for downside protection, to hedge existing exposure. The net OI influx reinforces the existing resistance and support bands while maintaining a balanced sentiment and suggests no clear directional bias.
Volatility Read
The at‑the‑money implied volatility stands at 24.11%, indicating moderate price uncertainty ahead of expiry, relative to the sector average. A bearish skew shows higher implied volatility for out‑of‑the‑money puts than calls, implying market tilt toward downside risk, accentuated by recent macro data releases today.
Key OI Levels
The largest open interest resides at the 2500 strike for both calls (1,300) and puts (1,300), maintaining equilibrium across the option chain.