Hero MotoCorp Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
20.8 L
Total PE OI
13.1 L
PCR
0.63
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 2,600 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 2,700 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 2,800 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 2,900 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 3,000 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 3,100 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 3,200 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 3,300 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 3,400 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 3,500 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 3,550 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 3,600 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 3,650 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 3,700 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 3,750 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 3,800 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 3,850 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 3,900 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 3,950 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 4,000 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹— | 4,050 | ₹— | 5.9% | — | — | — |
| — | — | — | —% | ₹— | 4,100 | ₹— | 5.6% | — | — | — |
| — | — | — | —% | ₹— | 4,150 | ₹— | 5.4% | — | — | — |
| — | — | — | —% | ₹1255.45 | 4,200 | ₹0.65 | 63.0% | 2K | -750 | 33K |
| — | — | — | —% | ₹— | 4,250 | ₹— | 4.8% | — | — | — |
| 300 | 0 | 300 | —% | ₹995.00 | 4,300 | ₹1.75 | 64.3% | 5K | 0 | 39K |
| 300 | 0 | — | —% | ₹819.35 | 4,350 | ₹4.00 | 68.5% | — | 0 | 3K |
| — | — | — | 183.5% | ₹1071.15 | 4,400 | ₹2.15 | 59.3% | — | 0 | 5K |
| — | — | — | 220.4% | ₹1120.30 | 4,450 | ₹2.00 | 55.5% | — | 0 | 11K |
| — | — | — | 175.2% | ₹982.25 | 4,500 | ₹2.30 | 54.1% | 5K | 0 | 47K |
| — | — | — | 208.1% | ₹1026.25 | 4,550 | ₹4.70 | 56.4% | — | 0 | 2K |
| 3K | 0 | — | —% | ₹570.20 | 4,600 | ₹4.00 | 51.9% | 2K | -600 | 21K |
| 4K | 0 | — | —% | ₹458.90 | 4,650 | ₹4.85 | 49.8% | — | 0 | 3K |
| — | — | — | 160.9% | ₹813.20 | 4,700 | ₹4.95 | 47.9% | 8K | -4K | 24K |
| — | — | — | 185.6% | ₹844.80 | 4,750 | ₹6.25 | 45.8% | 2K | +1K | 3K |
| 6K | 0 | — | —% | ₹458.05 | 4,800 | ₹8.50 | 43.9% | 22K | -2K | 52K |
| — | — | — | 175.6% | ₹758.50 | 4,850 | ₹10.10 | 42.4% | 3K | -2K | 6K |
| 18K | 0 | — | 47.6% | ₹415.00 | 4,900 | ₹13.00 | 40.7% | 7K | -2K | 73K |
| 30K | 0 | — | 42.5% | ₹364.00 | 4,950 | ₹16.85 | 39.0% | 5K | +1K | 36K |
| 75K | 0 | 150 | 38.6% | ₹312.00 | 5,000 | ₹20.80 | 37.4% | 35K | -600 | 1.2 L |
| 37K | 0 | 450 | 32.8% | ₹277.25 | 5,050 | ₹26.50 | 35.9% | 29K | +2K | 51K |
| 55K | -1K | 5K | 33.5% | ₹224.00 | 5,100 | ₹34.20 | 34.3% | 47K | -4K | 90K |
| 54K | 0 | 750 | 31.9% | ₹197.25 | 5,150 | ₹45.00 | 33.4% | 47K | +4K | 96K |
| 1.6 L | -150 | 50K | 33.0% | ₹145.00 | 5,200 | ₹60.00 | 32.6% | 94K | -7K | 1.6 L |
| 97K | +2K | 68K | 32.5% | ₹111.80 | 5,250 | ₹77.00 | 31.7% | 42K | -10K | 80K |
| 3.3 L | +1.1 L | 5.9 L | 31.6% | ₹86.35 | 5,300ATM | ₹102.00 | 31.4% | 1.3 L | -8K | 1.1 L |
| 64K | -3K | 72K | 31.0% | ₹63.60 | 5,350 | ₹130.00 | 30.8% | 15K | -3K | 48K |
| 2.3 L | -7K | 2.1 L | 30.7% | ₹46.60 | 5,400 | ₹159.00 | 29.7% | 14K | -4K | 75K |
| 73K | +4K | 65K | 30.6% | ₹32.85 | 5,450 | ₹216.45 | 36.6% | — | 0 | 30K |
| 1.9 L | -3K | 1.4 L | 30.7% | ₹22.50 | 5,500 | ₹217.05 | 32.4% | 600 | 0 | 24K |
| 34K | -2K | 30K | 30.6% | ₹15.25 | 5,550 | ₹271.20 | 31.4% | 2K | -900 | 2K |
| 1.5 L | -4K | 46K | 31.0% | ₹10.30 | 5,600 | ₹328.65 | 32.9% | 4K | -1K | 9K |
| 32K | +2K | 7K | 30.3% | ₹8.00 | 5,650 | ₹379.35 | 37.1% | — | 0 | 7K |
| 84K | -5K | 35K | 31.9% | ₹4.75 | 5,700 | ₹401.90 | —% | — | 0 | 6K |
| 13K | -2K | 7K | 32.4% | ₹3.45 | 5,750 | ₹516.75 | 68.8% | — | 0 | 1K |
| 88K | -12K | 34K | 33.2% | ₹2.20 | 5,800 | ₹518.00 | —% | 300 | 0 | 20K |
| 13K | +150 | 3K | 33.5% | ₹1.95 | 5,850 | ₹730.00 | 123.2% | — | 0 | 2K |
| 30K | -750 | 6K | 34.6% | ₹1.10 | 5,900 | ₹618.15 | 51.3% | — | 0 | 5K |
| 11K | 0 | 900 | 37.5% | ₹1.25 | 5,950 | ₹505.40 | —% | — | — | — |
| 1.1 L | -25K | 44K | 39.3% | ₹1.15 | 6,000 | ₹708.65 | 36.3% | 750 | -150 | 12K |
| 2K | 0 | 150 | 38.2% | ₹0.80 | 6,050 | ₹911.85 | 134.3% | — | 0 | 300 |
| 11K | +300 | 3K | 42.0% | ₹0.85 | 6,100 | ₹792.00 | —% | — | 0 | 450 |
| 2K | 0 | — | 55.0% | ₹4.95 | 6,150 | ₹656.55 | —% | — | — | — |
| 54K | -300 | 4K | 41.8% | ₹0.35 | 6,200 | ₹900.00 | —% | — | 0 | 450 |
| 1K | 0 | 150 | 45.6% | ₹0.70 | 6,250 | ₹737.70 | —% | — | — | — |
| 2K | 0 | — | 45.0% | ₹0.40 | 6,300 | ₹1140.00 | 145.4% | — | 0 | 150 |
| 900 | 0 | — | 45.5% | ₹0.30 | 6,350 | ₹821.95 | —% | — | — | — |
| 13K | 0 | 150 | 46.2% | ₹0.20 | 6,400 | ₹1243.90 | 154.6% | — | 0 | 450 |
| — | — | — | 4.4% | ₹— | 6,450 | ₹— | —% | — | — | — |
| 750 | 0 | — | 100.2% | ₹28.95 | 6,500 | ₹1073.55 | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 6,550 | ₹— | —% | — | — | — |
| 3K | 0 | — | 56.8% | ₹0.50 | 6,600 | ₹1162.30 | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 6,650 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹35.25 | 6,700 | ₹1500.00 | —% | — | 0 | 150 |
| — | — | — | 5.4% | ₹— | 6,750 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 6,800 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 6,850 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 6,900 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 6,950 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 7,000 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 7,100 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 7,200 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 7,300 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 7,400 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 7,500 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 7,600 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 7,700 | ₹— | —% | — | — | — |
| — | — | — | 8.6% | ₹— | 7,800 | ₹— | —% | — | — | — |
| — | — | — | 8.8% | ₹— | 7,900 | ₹— | —% | — | — | — |
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 stands at ₹5,300, where massive call OI has accumulated, with additional supply seen at ₹5,450. Strong support emerges at ₹5,150, backed by fresh put writing, extending lower to the ₹5,050 and ₹4,750 floors. The implied range narrows between ₹5,150 and ₹5,300, with ₹5,271 spot pricing testing short-term directional conviction.
OI Buildup Activity
Fresh long calls are building at ₹5,300, suggesting aggressive betting on upside突破 despite elevated resistance overhead. Call writers are active at ₹5,450 and ₹5,250, capping aggressive bullishness and indicating profit-booking zones. On the put side, incremental longs at ₹5,150 and ₹5,050 reflect defensive positioning, with deep OTM support at ₹4,750 seeing minor long put accumulation.
Volatility Read
ATM IV holds at 32.47%, sitting above historical averages, signaling sustained hedging demand. The bearish skew confirms preference for downside protection, with puts commanding premium over calls.
Strategy Implication
Bias tilts cautiously bearish with premium selling and long put structures favored near resistance.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Hero MotoCorp Limited today?▾
The strike with highest call (CE) open interest for Hero MotoCorp Limited is ₹5,300 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 Hero MotoCorp Limited today?▾
The strike with highest put (PE) open interest for Hero MotoCorp Limited is ₹5,200 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 Hero MotoCorp Limited options mean?▾
Open Interest (OI) buildup in Hero MotoCorp 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 Hero MotoCorp Limited options expire?▾
Hero MotoCorp 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 Hero MotoCorp Limited option chain?▾
The Hero MotoCorp 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.