HDFC Bank Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
7.74 Cr
Total PE OI
4.72 Cr
PCR
0.61
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 380 | ₹— | 16.3% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 15.8% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 410 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 430 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 450 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 470 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 490 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 510 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 530 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 550 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 565 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 570 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 575 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 585 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹— | 595 | ₹— | 6.4% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹— | 605 | ₹— | 6.1% | — | — | — |
| — | — | — | —% | ₹307.50 | 610 | ₹0.10 | 76.2% | 29K | -550 | 3.6 L |
| — | — | — | —% | ₹— | 615 | ₹— | 5.7% | — | — | — |
| — | — | — | —% | ₹315.90 | 620 | ₹0.10 | 72.9% | 76K | +21K | 4.1 L |
| — | — | — | —% | ₹178.05 | 625 | ₹0.10 | 70.6% | 3K | -1K | 31K |
| — | — | — | —% | ₹287.70 | 630 | ₹0.15 | 71.5% | 45K | -10K | 94K |
| — | — | — | —% | ₹187.35 | 635 | ₹0.15 | 70.2% | 27K | -7K | 72K |
| 39K | 0 | — | —% | ₹130.90 | 640 | ₹0.10 | 64.4% | 24K | -4K | 1.1 L |
| — | — | — | —% | ₹177.40 | 645 | ₹0.20 | 65.1% | 2K | 0 | 84K |
| 3.0 L | 0 | 550 | —% | ₹152.00 | 650 | ₹0.10 | 62.0% | 1.4 L | -1.1 L | 8.9 L |
| — | — | — | —% | ₹184.90 | 655 | ₹0.10 | 57.8% | 3K | -550 | 65K |
| 3.4 L | 0 | — | 97.2% | ₹132.60 | 660 | ₹0.15 | 60.1% | 96K | -43K | 1.8 L |
| — | — | — | —% | ₹181.90 | 665 | ₹0.15 | 55.0% | 5K | -2K | 47K |
| 94K | 0 | — | 138.4% | ₹142.00 | 670 | ₹0.15 | 56.8% | 24K | -8K | 4.2 L |
| 1.9 L | 0 | — | 105.3% | ₹129.40 | 675 | ₹0.20 | 57.0% | 69K | -3K | 1.9 L |
| 3.6 L | 0 | — | 130.6% | ₹132.00 | 680 | ₹0.20 | 54.8% | 1.5 L | -40K | 10.0 L |
| — | — | — | 271.6% | ₹178.55 | 685 | ₹0.25 | 52.5% | 4K | 0 | 86K |
| 2.4 L | 0 | — | —% | ₹104.40 | 690 | ₹0.25 | 51.6% | 2.1 L | -93K | 2.9 L |
| 14K | 0 | — | 72.2% | ₹105.20 | 695 | ₹0.35 | 49.6% | 29K | +2K | 1.9 L |
| 4.7 L | -46K | 1.1 L | —% | ₹112.00 | 700 | ₹0.35 | 50.9% | 11.4 L | -2.6 L | 20.0 L |
| 52K | 0 | — | 71.6% | ₹96.25 | 705 | ₹0.40 | 48.5% | 1.2 L | +64K | 2.6 L |
| 1.9 L | 0 | — | 101.0% | ₹100.00 | 710 | ₹0.40 | 47.2% | 3.6 L | +8K | 5.4 L |
| 1.3 L | 0 | — | 113.1% | ₹103.75 | 715 | ₹0.40 | 45.8% | 1.1 L | +20K | 1.4 L |
| 1.3 L | -550 | 8K | —% | ₹93.00 | 720 | ₹0.45 | 44.7% | 11.3 L | -15K | 13.2 L |
| 1.8 L | 0 | — | 44.5% | ₹73.40 | 725 | ₹0.55 | 43.2% | 4.0 L | -76K | 3.3 L |
| 4.7 L | -13K | 26K | —% | ₹82.40 | 730 | ₹0.55 | 41.8% | 5.8 L | -26K | 20.7 L |
| 1.6 L | -3K | 14K | —% | ₹74.05 | 735 | ₹0.60 | 40.2% | 4.3 L | +26K | 3.3 L |
| 4.6 L | -18K | 55K | —% | ₹69.10 | 740 | ₹0.70 | 39.2% | 9.6 L | +53K | 14.1 L |
| 2.3 L | +2K | 33K | —% | ₹63.15 | 745 | ₹0.80 | 37.9% | 3.0 L | -11K | 3.7 L |
| 25.6 L | +6K | 2.3 L | —% | ₹63.25 | 750 | ₹0.90 | 36.3% | 15.7 L | -3.5 L | 29.5 L |
| 3.2 L | -12K | 1.8 L | —% | ₹58.50 | 755 | ₹0.95 | 34.4% | 5.0 L | -65K | 3.8 L |
| 12.4 L | -76K | 2.0 L | —% | ₹53.75 | 760 | ₹1.10 | 33.1% | 18.6 L | -2.3 L | 14.0 L |
| 4.5 L | +10K | 97K | —% | ₹48.30 | 765 | ₹1.25 | 31.6% | 7.3 L | -63K | 6.0 L |
| 14.4 L | -17K | 3.5 L | —% | ₹43.55 | 770 | ₹1.50 | 30.4% | 20.5 L | -1.1 L | 16.3 L |
| 5.3 L | -7K | 1.4 L | —% | ₹39.00 | 775 | ₹1.75 | 29.0% | 20.3 L | -91K | 8.2 L |
| 30.3 L | -77K | 11.0 L | —% | ₹34.35 | 780 | ₹2.20 | 28.2% | 51.7 L | -1.9 L | 19.2 L |
| 5.2 L | -66K | 4.3 L | 17.2% | ₹30.35 | 785 | ₹2.75 | 27.4% | 25.4 L | +51K | 12.2 L |
| 20.1 L | -4.2 L | 18.1 L | 17.1% | ₹25.80 | 790 | ₹3.55 | 26.8% | 44.1 L | +1.9 L | 31.1 L |
| 9.8 L | -3.0 L | 25.5 L | 19.2% | ₹21.80 | 795 | ₹4.45 | 26.1% | 33.1 L | +1.8 L | 12.8 L |
| 85.3 L | -26.5 L | 1.83 Cr | 19.8% | ₹18.15 | 800ATM | ₹5.85 | 25.9% | 1.11 Cr | +10.7 L | 52.7 L |
| 13.3 L | -5.0 L | 82.1 L | 20.2% | ₹14.90 | 805 | ₹7.45 | 25.7% | 37.0 L | +8.3 L | 15.0 L |
| 46.6 L | -7.5 L | 1.43 Cr | 20.7% | ₹12.00 | 810 | ₹9.50 | 25.7% | 37.0 L | +5.4 L | 23.3 L |
| 21.4 L | -2.1 L | 56.1 L | 21.0% | ₹9.50 | 815 | ₹12.05 | 26.1% | 9.6 L | +2.0 L | 11.2 L |
| 49.4 L | -2.1 L | 1.01 Cr | 21.3% | ₹7.40 | 820 | ₹15.05 | 26.8% | 6.2 L | +1.3 L | 10.4 L |
| 8.6 L | -46K | 27.5 L | 21.8% | ₹5.80 | 825 | ₹18.15 | 27.0% | 1.4 L | +29K | 2.6 L |
| 21.3 L | -1.6 L | 62.6 L | 22.5% | ₹4.50 | 830 | ₹21.95 | 28.9% | 1.7 L | -43K | 4.5 L |
| 5.5 L | -29K | 18.2 L | 23.2% | ₹3.60 | 835 | ₹26.00 | 29.4% | 88K | +41K | 2.0 L |
| 29.7 L | -2.2 L | 27.5 L | 24.0% | ₹2.85 | 840 | ₹29.85 | 29.9% | 1.7 L | +21K | 4.7 L |
| 7.0 L | -84K | 8.7 L | 25.0% | ₹2.35 | 845 | ₹34.30 | 31.5% | 1.1 L | +63K | 1.7 L |
| 78.3 L | -9.2 L | 50.1 L | 26.0% | ₹1.90 | 850 | ₹39.10 | 33.6% | 3.1 L | -25K | 8.8 L |
| 4.8 L | -1.1 L | 6.1 L | 26.8% | ₹1.55 | 855 | ₹53.75 | 39.5% | 4K | 0 | 32K |
| 18.1 L | -2.5 L | 14.8 L | 27.9% | ₹1.30 | 860 | ₹48.30 | 36.4% | 32K | -1K | 5.1 L |
| 5.0 L | +1.3 L | 4.1 L | 28.5% | ₹1.05 | 865 | ₹58.05 | —% | — | 0 | 25K |
| 15.3 L | -1.4 L | 10.4 L | 29.9% | ₹0.90 | 870 | ₹57.80 | 39.5% | 4K | -550 | 2.4 L |
| 3.6 L | -24K | 3.5 L | 30.9% | ₹0.80 | 875 | ₹74.00 | —% | — | 0 | 37K |
| 14.8 L | -68K | 8.2 L | 31.5% | ₹0.65 | 880 | ₹67.90 | 45.5% | 91K | -11K | 5.5 L |
| 2.3 L | -11K | 85K | 32.4% | ₹0.55 | 885 | ₹83.45 | —% | — | 0 | 28K |
| 4.7 L | -62K | 6.9 L | 33.5% | ₹0.50 | 890 | ₹88.20 | —% | — | 0 | 50K |
| 3.4 L | -17K | 2.1 L | 34.6% | ₹0.45 | 895 | ₹18.20 | —% | — | — | — |
| 73.5 L | -4.7 L | 36.8 L | 34.9% | ₹0.35 | 900 | ₹87.10 | 50.7% | 35K | -10K | 10.3 L |
| 2.6 L | -28K | 1.0 L | 36.6% | ₹0.35 | 905 | ₹156.00 | 190.8% | — | 0 | 2K |
| 5.8 L | -65K | 2.6 L | 37.2% | ₹0.30 | 910 | ₹98.00 | 53.5% | 1K | 0 | 1.5 L |
| 1.1 L | -23K | 84K | 36.8% | ₹0.20 | 915 | ₹156.00 | 173.4% | — | 0 | 550 |
| 5.4 L | -69K | 2.1 L | 39.5% | ₹0.25 | 920 | ₹106.95 | 57.1% | 6K | -3K | 78K |
| 1.6 L | -17K | 59K | 41.0% | ₹0.20 | 925 | ₹111.75 | 58.4% | 2K | 0 | 14K |
| 2.8 L | -52K | 1.4 L | 41.9% | ₹0.20 | 930 | ₹117.00 | 61.4% | 12K | +550 | 1.1 L |
| 1.4 L | -9K | 48K | 41.5% | ₹0.15 | 935 | ₹— | —% | — | — | — |
| 3.0 L | -12K | 25K | 42.9% | ₹0.15 | 940 | ₹126.90 | 65.3% | 22K | -6K | 1.2 L |
| 67K | +10K | 21K | 45.4% | ₹0.15 | 945 | ₹180.35 | —% | — | 0 | 1K |
| 17.7 L | -98K | 4.0 L | 43.0% | ₹0.10 | 950 | ₹136.55 | 67.3% | 13K | -11K | 4.8 L |
| 53K | -39K | 53K | 47.9% | ₹0.15 | 955 | ₹210.25 | —% | — | 0 | 7K |
| 2.1 L | 0 | 26K | 46.0% | ₹0.10 | 960 | ₹150.10 | 74.4% | 3K | -2K | 64K |
| 34K | -18K | 20K | 47.3% | ₹0.10 | 965 | ₹198.00 | —% | — | 0 | 2K |
| 2.0 L | -28K | 48K | 48.6% | ₹0.10 | 970 | ₹158.00 | —% | — | 0 | 23K |
| — | — | — | 4.4% | ₹— | 975 | ₹— | —% | — | — | — |
| 20K | -46K | 83K | 54.4% | ₹0.15 | 980 | ₹174.60 | 83.8% | 2K | -550 | 30K |
| — | — | — | 4.7% | ₹— | 985 | ₹— | —% | — | — | — |
| 1.9 L | 0 | 6K | 55.6% | ₹0.10 | 990 | ₹218.20 | —% | — | 0 | 1K |
| — | — | — | 4.9% | ₹— | 995 | ₹— | —% | — | — | — |
| 39.0 L | +5K | 3.4 L | 55.9% | ₹0.10 | 1,000 | ₹188.00 | 87.3% | 16K | -7K | 12.3 L |
| 77K | -1K | 20K | 57.8% | ₹0.10 | 1,010 | ₹200.00 | —% | — | 0 | 5K |
| — | — | — | —% | ₹10.85 | 1,020 | ₹213.00 | 95.2% | 2K | 0 | 7K |
| 36K | 0 | — | 72.1% | ₹0.20 | 1,030 | ₹215.00 | —% | — | 0 | 40K |
| — | — | — | —% | ₹7.60 | 1,040 | ₹105.30 | —% | — | — | — |
| — | — | — | —% | ₹6.30 | 1,050 | ₹113.85 | —% | — | — | — |
| 1.8 L | +3K | 7K | 70.4% | ₹0.10 | 1,060 | ₹122.60 | —% | — | — | — |
| — | — | — | —% | ₹4.30 | 1,070 | ₹131.50 | —% | — | — | — |
| — | — | — | —% | ₹3.50 | 1,080 | ₹140.55 | —% | — | — | — |
| — | — | — | —% | ₹2.85 | 1,090 | ₹149.75 | —% | — | — | — |
| — | — | — | —% | ₹2.30 | 1,100 | ₹159.05 | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 1,110 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 1,120 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 1,130 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 1,140 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 1,150 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 1,160 | ₹— | —% | — | — | — |
| — | — | — | 8.5% | ₹— | 1,170 | ₹— | —% | — | — | — |
| — | — | — | 8.7% | ₹— | 1,180 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Immediate resistance sits at ₹1000, where call OI peaks at 38.96 lakh contracts, forming a formidable barrier. Strong support emerges at ₹800–₹810, anchored by peak put OI of 12.35 lakh at ₹1000, though proximal defense clusters lower. The implied range projects consolidation between ₹765 and ₹865, with ₹810 marking a key pivot.
OI Buildup Activity
Fresh long calls open aggressively at ₹865 (+1.25 lakh), signaling speculative bullish positioning beyond current spot. On the put side, writers add substantial exposure at ₹800 (+10.90 lakh) and ₹805 (+7.44 lakh), suggesting confidence in near-term floor development. Notably, longs also build at ₹765 and ₹775, indicating hedging or accumulation below spot.
Volatility Read
ATM IV holds at 20.91%, reflecting restrained premium levels amid event-light sentiment. The bearish skew shows elevated put demand in the ₹800–₹810 belt, with downside protection outpacing upside speculation.
Strategy Implication
Bias leans cautiously defensive, with writers defending the ₹800–₹810 zone while fresh longs target upside breakouts beyond ₹865.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for HDFC Bank Limited today?▾
The strike with highest call (CE) open interest for HDFC Bank Limited is ₹800 for the 2026-04-28 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 HDFC Bank Limited today?▾
The strike with highest put (PE) open interest for HDFC Bank Limited is ₹800 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in HDFC Bank Limited options mean?▾
Open Interest (OI) buildup in HDFC Bank 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 HDFC Bank Limited options expire?▾
HDFC Bank Limited options have their nearest expiry on 2026-04-28. 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 HDFC Bank Limited option chain?▾
The HDFC Bank 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.