HDFC Life Insurance Company Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
1.71 Cr
Total PE OI
1.08 Cr
PCR
0.63
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 300 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 12.9% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 360 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 380 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 385 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 395 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 405 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 410 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 415 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 425 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 430 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 435 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 445 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 450 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 455 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹— | 465 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 470 | ₹— | 5.8% | — | — | — |
| — | — | — | —% | ₹— | 475 | ₹— | 5.5% | — | — | — |
| 2K | 0 | — | —% | ₹136.50 | 480 | ₹0.05 | 64.8% | 2K | -1K | 3.3 L |
| — | — | — | —% | ₹— | 485 | ₹— | 5.1% | — | — | — |
| — | — | — | —% | ₹249.50 | 490 | ₹0.10 | 61.8% | — | 0 | 65K |
| — | — | — | —% | ₹— | 495 | ₹— | 4.6% | — | — | — |
| 1.4 L | 0 | 3K | —% | ₹114.00 | 500 | ₹0.05 | 52.5% | — | 0 | 6.8 L |
| 3K | 0 | — | —% | ₹124.65 | 505 | ₹0.20 | 59.1% | — | — | — |
| 2K | 0 | — | 204.9% | ₹127.60 | 510 | ₹0.10 | 51.7% | — | 0 | 19K |
| — | — | — | —% | ₹78.90 | 515 | ₹0.45 | 60.6% | — | — | — |
| 1K | 0 | — | 47.0% | ₹80.50 | 520 | ₹0.10 | 44.6% | 1K | 0 | 7.8 L |
| 2K | 0 | — | 77.0% | ₹88.25 | 525 | ₹0.10 | 43.7% | 1K | 0 | 1K |
| 11K | 0 | — | 115.5% | ₹91.00 | 530 | ₹0.15 | 46.1% | 13K | 0 | 1.3 L |
| 1K | 0 | — | 61.5% | ₹77.30 | 535 | ₹1.50 | 61.9% | — | — | — |
| — | — | — | 466.9% | ₹188.50 | 540 | ₹0.15 | 37.8% | 2K | +1K | 1.4 L |
| 1K | +1K | — | 74.0% | ₹70.25 | 545 | ₹0.25 | 39.3% | 19K | -12K | 70K |
| 1.6 L | -2K | 6K | 39.2% | ₹65.05 | 550 | ₹0.25 | 39.0% | 1.2 L | +69K | 4.3 L |
| — | — | — | —% | ₹42.80 | 555 | ₹0.65 | 39.7% | — | 0 | 75K |
| 2.0 L | -1K | 8K | 34.8% | ₹52.85 | 560 | ₹0.45 | 37.4% | 2.3 L | -78K | 3.4 L |
| 61K | 0 | — | 139.5% | ₹73.25 | 565 | ₹0.85 | 36.0% | — | 0 | 1.2 L |
| 2.3 L | -1K | 11K | 27.8% | ₹45.10 | 570 | ₹0.70 | 34.8% | 3.8 L | -1.3 L | 3.4 L |
| 1.4 L | 0 | — | 37.0% | ₹37.90 | 575 | ₹0.80 | 32.3% | 1.7 L | +42K | 1.8 L |
| 1.6 L | -2K | 13K | 31.3% | ₹36.85 | 580 | ₹1.05 | 30.9% | 6.5 L | +19K | 6.4 L |
| 1.4 L | -18K | 31K | 28.5% | ₹31.85 | 585 | ₹1.40 | 29.9% | 2.5 L | -9K | 4.2 L |
| 1.5 L | -3K | 41K | 29.4% | ₹27.95 | 590 | ₹1.85 | 28.7% | 10.8 L | -79K | 3.8 L |
| 1.3 L | -28K | 1.4 L | 28.3% | ₹23.60 | 595 | ₹2.40 | 27.6% | 5.0 L | -17K | 1.6 L |
| 24.0 L | -22K | 9.7 L | 27.1% | ₹19.50 | 600ATM | ₹3.35 | 27.0% | 46.7 L | -69K | 15.6 L |
| 1.4 L | -47K | 12.6 L | 26.6% | ₹15.25 | 605 | ₹4.65 | 26.4% | 18.0 L | -58K | 3.0 L |
| 7.0 L | -56K | 45.0 L | 25.9% | ₹12.35 | 610 | ₹6.35 | 26.4% | 27.0 L | +80K | 6.0 L |
| 4.6 L | +64K | 26.9 L | 26.0% | ₹9.60 | 615 | ₹8.75 | 26.1% | 7.2 L | -53K | 2.6 L |
| 10.8 L | +36K | 42.0 L | 26.1% | ₹7.30 | 620 | ₹11.35 | 26.3% | 8.4 L | -91K | 4.9 L |
| 3.0 L | +94K | 9.0 L | 26.5% | ₹5.50 | 625 | ₹14.75 | 26.4% | 85K | +15K | 1.2 L |
| 15.2 L | +42K | 31.2 L | 27.3% | ₹4.15 | 630 | ₹18.85 | 27.4% | 2.2 L | -85K | 4.5 L |
| 3.8 L | +86K | 7.8 L | 27.5% | ₹3.00 | 635 | ₹22.15 | 27.3% | 40K | -22K | 1.8 L |
| 11.7 L | -1.7 L | 22.0 L | 28.1% | ₹2.25 | 640 | ₹26.30 | 27.6% | 37K | -4K | 2.2 L |
| 6.9 L | -10K | 7.7 L | 28.8% | ₹1.65 | 645 | ₹30.50 | 47.5% | — | 0 | 1.3 L |
| 22.1 L | +26K | 14.0 L | 29.9% | ₹1.20 | 650 | ₹35.95 | 30.9% | 41K | -7K | 4.2 L |
| 2.0 L | -26K | 62K | 30.6% | ₹0.90 | 655 | ₹39.20 | 26.9% | 1K | 0 | 72K |
| 6.3 L | -18K | 4.0 L | 31.1% | ₹0.70 | 660 | ₹54.15 | 32.7% | 4K | -2K | 69K |
| 43K | -7K | 36K | 32.0% | ₹0.55 | 665 | ₹71.95 | 108.0% | — | — | — |
| 4.8 L | -22K | 2.8 L | 32.9% | ₹0.40 | 670 | ₹39.55 | —% | — | 0 | 32K |
| 1.9 L | +7K | 11K | 32.3% | ₹0.25 | 675 | ₹81.45 | 114.7% | — | — | — |
| 4.0 L | -45K | 3.6 L | 33.3% | ₹0.20 | 680 | ₹79.80 | 95.5% | — | 0 | 25K |
| 48K | 0 | — | 38.5% | ₹0.25 | 685 | ₹91.05 | 121.3% | — | — | — |
| 3.0 L | -7K | 31K | 36.2% | ₹0.15 | 690 | ₹53.65 | —% | — | 0 | 14K |
| — | — | — | 43.7% | ₹0.30 | 695 | ₹100.80 | 128.0% | — | — | — |
| 16.3 L | -33K | 2.9 L | 40.1% | ₹0.15 | 700 | ₹86.00 | 51.4% | 9K | -1K | 3.2 L |
| — | — | — | 3.1% | ₹— | 705 | ₹— | —% | — | — | — |
| 1.2 L | -1K | 18K | 43.9% | ₹0.15 | 710 | ₹72.40 | —% | — | 0 | 11K |
| — | — | — | 3.5% | ₹— | 715 | ₹— | —% | — | — | — |
| 1.2 L | -2K | 3K | 45.6% | ₹0.10 | 720 | ₹107.20 | —% | 2K | -1K | 89K |
| — | — | — | 3.8% | ₹— | 725 | ₹— | —% | — | — | — |
| 24K | 0 | 2K | 47.9% | ₹0.10 | 730 | ₹94.20 | —% | — | 0 | 8K |
| — | — | — | 4.1% | ₹— | 735 | ₹— | —% | — | — | — |
| 14K | 0 | — | 53.2% | ₹0.10 | 740 | ₹124.80 | —% | 3K | 0 | 33K |
| — | — | — | 4.4% | ₹— | 745 | ₹— | —% | — | — | — |
| 2.5 L | 0 | — | 56.5% | ₹0.10 | 750 | ₹111.55 | —% | — | 0 | 50K |
| — | — | — | 4.7% | ₹— | 755 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹23.70 | 760 | ₹165.00 | —% | — | 0 | 4K |
| — | — | — | 5.0% | ₹— | 765 | ₹— | —% | — | — | — |
| 6K | 0 | — | 62.8% | ₹0.10 | 770 | ₹167.50 | —% | — | 0 | 1K |
| — | — | — | 5.2% | ₹— | 775 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹17.50 | 780 | ₹180.00 | —% | — | 0 | 2K |
| — | — | — | 5.5% | ₹— | 785 | ₹— | —% | — | — | — |
| 10K | -1K | 11K | 63.8% | ₹0.05 | 790 | ₹59.35 | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 795 | ₹— | —% | — | — | — |
| 37K | 0 | — | 71.8% | ₹0.10 | 800 | ₹207.45 | —% | — | 0 | 21K |
| — | — | — | 6.1% | ₹— | 805 | ₹— | —% | — | — | — |
| 8K | 0 | — | —% | ₹0.20 | 810 | ₹168.00 | —% | — | 0 | 8K |
| — | — | — | 6.3% | ₹— | 815 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹9.00 | 820 | ₹96.40 | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 830 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹6.25 | 840 | ₹113.35 | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 850 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 860 | ₹219.00 | —% | — | 0 | 25K |
| — | — | — | 7.8% | ₹— | 870 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 880 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 890 | ₹— | —% | — | — | — |
| — | — | — | 8.5% | ₹— | 900 | ₹— | —% | — | — | — |
| — | — | — | 8.8% | ₹— | 910 | ₹— | —% | — | — | — |
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 ₹625, backed by the highest call OI and reinforced by fresh longs at ₹635. Strong support emerges at ₹610, where put OI has surged, with deeper support at ₹575 and ₹550 suggesting long-term downside hedging. The implied range, derived from concentration at ₹610–₹625, reflects a near-term trading bias between these strikes.
OI Buildup Activity
Call writers are actively building positions at ₹625 and ₹635, signaling aggressive short premium selling above spot. Fresh longs at ₹615 suggest call buyers anticipate a breakout, potentially forcing covering if momentum builds. On the put side, robust OI addition at ₹610 indicates strong demand for downside protection, while accumulation at ₹550 and ₹575 hints at tail-risk hedging.
Volatility Read
ATM volatility at 26.56% reflects elevated premium levels, with a bearish skew underscoring stronger put demand and risk-off sentiment. The skew suggests traders anticipate greater downside risk over the near term.
Strategy Implication
Bias favors short premium strategies near resistance with directional caution skewed to the bearish side.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for HDFC Life Insurance Company Limited today?▾
The strike with highest call (CE) open interest for HDFC Life Insurance Company Limited is ₹600 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 Life Insurance Company Limited today?▾
The strike with highest put (PE) open interest for HDFC Life Insurance Company Limited is ₹600 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 Life Insurance Company Limited options mean?▾
Open Interest (OI) buildup in HDFC Life Insurance Company 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 Life Insurance Company Limited options expire?▾
HDFC Life Insurance Company 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 Life Insurance Company Limited option chain?▾
The HDFC Life Insurance Company 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.