Hindalco Industries Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
1.44 Cr
Total PE OI
1.04 Cr
PCR
0.72
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 480 | ₹— | 16.6% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 650 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 660 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 670 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 690 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 710 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹254.35 | 720 | ₹0.05 | —% | 2K | 0 | 1.2 L |
| — | — | — | —% | ₹— | 730 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹236.15 | 740 | ₹0.20 | —% | — | 0 | 55K |
| 18K | 0 | — | —% | ₹287.70 | 750 | ₹0.15 | —% | — | 0 | 31K |
| 6K | 0 | — | —% | ₹228.50 | 760 | ₹0.10 | —% | 700 | 0 | 51K |
| — | — | — | —% | ₹167.05 | 770 | ₹0.40 | 84.7% | — | 0 | 21K |
| 11K | 0 | — | —% | ₹251.00 | 780 | ₹0.15 | 74.5% | 1K | +700 | 26K |
| — | — | — | —% | ₹149.75 | 790 | ₹0.30 | 74.6% | — | 0 | 15K |
| 91K | 0 | — | —% | ₹215.75 | 800 | ₹0.25 | 71.6% | 6K | -4K | 4.1 L |
| 16K | 0 | — | —% | ₹223.95 | 810 | ₹0.30 | 68.3% | — | 0 | 50K |
| 5K | 0 | — | —% | ₹196.00 | 820 | ₹0.15 | 62.1% | 27K | -6K | 1.1 L |
| — | — | — | —% | ₹117.55 | 830 | ₹0.20 | 60.9% | 5K | -4K | 76K |
| 90K | 0 | — | 164.1% | ₹202.35 | 840 | ₹0.20 | 56.7% | 4K | 0 | 1.1 L |
| 1.1 L | 0 | 2K | —% | ₹168.00 | 850 | ₹0.25 | 56.6% | 25K | -8K | 5.3 L |
| 49K | -1K | 4K | —% | ₹157.00 | 860 | ₹0.35 | 55.7% | 25K | -3K | 1.7 L |
| 78K | 0 | — | —% | ₹146.40 | 870 | ₹0.40 | 53.2% | 10K | -3K | 1.7 L |
| 1.1 L | 0 | — | —% | ₹136.10 | 880 | ₹0.45 | 50.9% | 16K | -10K | 2.2 L |
| 2.4 L | 0 | — | —% | ₹125.65 | 890 | ₹0.55 | 49.1% | 22K | -13K | 4.1 L |
| 26.8 L | -2K | 5K | —% | ₹120.30 | 900ATM | ₹0.50 | 45.1% | 2.2 L | -29K | 11.9 L |
| 1.7 L | 0 | 11K | —% | ₹111.60 | 910 | ₹0.70 | 44.4% | 17K | -4K | 2.0 L |
| 2.5 L | -1K | 3K | —% | ₹101.10 | 920 | ₹0.95 | 43.1% | 36K | -2K | 3.1 L |
| 2.2 L | -700 | 8K | —% | ₹91.00 | 930 | ₹1.25 | 41.5% | 55K | -1K | 2.0 L |
| 2.1 L | -1K | 7K | —% | ₹82.50 | 940 | ₹1.70 | 40.7% | 92K | +17K | 3.6 L |
| 4.0 L | -6K | 10K | —% | ₹72.40 | 950 | ₹2.20 | 38.8% | 3.7 L | +69K | 7.3 L |
| 4.7 L | -2K | 16K | 27.8% | ₹62.00 | 960 | ₹2.95 | 37.5% | 2.9 L | -23K | 5.1 L |
| 2.6 L | +700 | 11K | 27.1% | ₹51.15 | 970 | ₹4.05 | 37.1% | 3.1 L | -4K | 4.9 L |
| 3.3 L | -14K | 36K | 26.2% | ₹46.20 | 980 | ₹5.40 | 35.9% | 3.7 L | +29K | 4.9 L |
| 1.9 L | -4K | 61K | 28.7% | ₹38.00 | 990 | ₹7.60 | 35.8% | 2.8 L | +15K | 3.2 L |
| 10.8 L | +23K | 5.0 L | 28.5% | ₹31.00 | 1,000 | ₹10.25 | 35.1% | 9.7 L | +1.0 L | 7.8 L |
| 4.5 L | -11K | 4.9 L | 28.4% | ₹24.40 | 1,010 | ₹13.75 | 35.0% | 5.1 L | +45K | 3.7 L |
| 11.1 L | +1.2 L | 22.0 L | 30.0% | ₹19.25 | 1,020 | ₹18.50 | 35.3% | 7.7 L | +90K | 6.9 L |
| 6.6 L | +22K | 11.1 L | 30.3% | ₹14.65 | 1,030 | ₹23.70 | 35.8% | 2.4 L | +8K | 3.2 L |
| 7.5 L | -76K | 9.5 L | 30.3% | ₹10.90 | 1,040 | ₹30.10 | 36.5% | 2.0 L | -48K | 2.9 L |
| 9.7 L | -20K | 10.3 L | 30.6% | ₹7.90 | 1,050 | ₹37.25 | 36.9% | 56K | +6K | 3.1 L |
| 6.0 L | -43K | 6.9 L | 31.1% | ₹5.60 | 1,060 | ₹45.05 | 38.8% | 17K | +4K | 1.8 L |
| 3.2 L | +76K | 5.9 L | 31.4% | ₹4.00 | 1,070 | ₹58.40 | 35.6% | — | 0 | 43K |
| 4.2 L | +81K | 7.8 L | 32.1% | ₹2.85 | 1,080 | ₹67.40 | 36.7% | — | 0 | 10K |
| 1.6 L | -5K | 1.1 L | 32.6% | ₹2.00 | 1,090 | ₹165.55 | 210.3% | — | — | — |
| 8.2 L | -5.4 L | 11.3 L | 33.9% | ₹1.50 | 1,100 | ₹81.50 | 45.2% | 6K | -2K | 27K |
| 54K | -6K | 55K | 34.3% | ₹1.00 | 1,110 | ₹183.00 | 217.7% | — | — | — |
| 2.6 L | -50K | 1.4 L | 35.6% | ₹0.80 | 1,120 | ₹159.15 | 163.8% | — | — | — |
| 62K | -2K | 41K | 36.7% | ₹0.60 | 1,130 | ₹200.90 | 225.3% | — | — | — |
| 2.4 L | -18K | 34K | 39.4% | ₹0.60 | 1,140 | ₹118.50 | —% | — | +2K | 2K |
| 3.8 L | +95K | 1.5 L | 40.5% | ₹0.50 | 1,150 | ₹134.95 | 60.0% | 700 | — | — |
| 64K | 0 | 4K | 41.8% | ₹0.40 | 1,160 | ₹192.70 | 172.4% | — | — | — |
| 6K | 0 | — | 49.3% | ₹0.65 | 1,170 | ₹154.80 | 65.7% | 700 | — | — |
| 21K | -700 | 1K | 41.3% | ₹0.15 | 1,180 | ₹164.70 | 70.1% | 700 | 0 | 13K |
| — | — | — | 3.5% | ₹— | 1,190 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 1,200 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,210 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 1,220 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,230 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 1,240 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 1,250 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,260 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 1,270 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 1,280 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,290 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 1,300 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,310 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 1,320 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 1,340 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 1,360 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 1,380 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 1,400 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 1,420 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 1,440 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 1,460 | ₹— | —% | — | — | — |
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
Resistance holds firm at ₹1020, where highest call OI clusters, acting as a magnet for premium decay. Immediate support established at ₹1000, backed by dense put OI and strong institutional backing. The implied range narrows between ₹1000 and ₹1020, reflecting consolidation ahead of expiry.
OI Buildup Activity
Fresh longs build aggressively at ₹1020 calls, suggesting writers are testing upside with short premium ahead of spot tests. Notable OI accumulation at ₹1150 calls (+94,500) hints at a hedged long bias, possibly against physical or futures positions. On the put side, fresh longs stack at ₹1000 (+1,04,300) and ₹950 (+68,600), while writers add risk at ₹1020 puts, indicating short-term confidence in floor support.
Volatility Read
ATM IV at 30.02% sits above historical average, pricing in event-driven risk or global macro sensitivity. Bearish skew dominates, with put vol elevated vs calls, suggesting hedging demand outweighs speculative call buying.
Strategy Implication
Bias remains range-bound with a slight bearish tilt, favoring premium collection via defined-risk structures between ₹1000 and ₹1020.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Hindalco Industries Limited today?▾
The strike with highest call (CE) open interest for Hindalco Industries Limited is ₹900 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 Hindalco Industries Limited today?▾
The strike with highest put (PE) open interest for Hindalco Industries Limited is ₹900 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 Hindalco Industries Limited options mean?▾
Open Interest (OI) buildup in Hindalco Industries 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 Hindalco Industries Limited options expire?▾
Hindalco Industries 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 Hindalco Industries Limited option chain?▾
The Hindalco Industries 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.