Hindalco Industries Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | 0 | — | —% | ₹— | 840 | ₹— | —% | — | 0 | 13K |
| 11K | +2K | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 2K |
| 25K | 0 | — | —% | ₹— | 900 | ₹— | —% | — | -4K | 2.0 L |
| 19K | 0 | — | —% | ₹— | 920 | ₹— | —% | — | +67K | 2.6 L |
| 56K | +4K | — | —% | ₹— | 940 | ₹— | —% | — | +4K | 7.3 L |
| 63K | -4K | — | —% | ₹— | 960 | ₹— | —% | — | +25K | 11.2 L |
| 2.6 L | +4K | — | —% | ₹— | 980 | ₹— | —% | — | +14K | 9.3 L |
| 5.1 L | +2K | — | —% | ₹— | 1,000 | ₹— | —% | — | -8K | 20.7 L |
| 9.2 L | +41K | — | —% | ₹— | 1,020 | ₹— | —% | — | +1.2 L | 7.7 L |
| 14.9 L | -28K | — | —% | ₹— | 1,040 | ₹— | —% | — | +30K | 12.0 L |
| 19.3 L | +52K | — | —% | ₹— | 1,060 | ₹— | —% | — | -13K | 6.0 L |
| 15.5 L | +51K | — | —% | ₹— | 1,080 | ₹— | —% | — | +1K | 2.1 L |
| 29.0 L | +53K | — | —% | ₹— | 1,100ATM | ₹— | —% | — | -700 | 3.2 L |
| 5.7 L | -700 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 63K |
| 6.6 L | +55K | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 5K |
| 6.2 L | +3K | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 0 |
| 1.7 L | -3K | — | —% | ₹— | 1,180 | ₹— | —% | — | — | — |
| 4.1 L | -700 | — | —% | ₹— | 1,200 | ₹— | —% | — | -2K | 62K |
| 2.4 L | -22K | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 700 |
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 open‑interest (OI) stack is tightly packed around the ₹1,080‑₹1,140 call corridor and the ₹920‑₹1,040 put corridor, forming a clear resistance‑support band. The brightest call concentration sits at the ₹1,100 strike with 29.00 Lakhs contracts, while the deepest put pile is at ₹1,000 with 20.99 Lakhs contracts. This OI distribution implies a market‑viewed price range roughly between ₹1,020 and ₹1,120 for the current expiry.
OI Buildup Activity
During the latest trading session, fresh call OI accumulates at ₹1,080 (+75,600 contracts), ₹1,100 (+56,700 contracts) and ₹1,140 (+55,300 contracts), indicating that option writers are reinforcing the existing resistance envelope. On the put side, new OI appears at ₹1,020 (+1,21,800 contracts), ₹920 (+67,200 contracts) and ₹1,040 (+30,800 contracts), suggesting that writers are bolstering support beneath the spot. The net inflow of contracts across both sides reflects a balanced positioning by market makers, with a modest tilt toward protecting the upper boundary of the range.
Volatility Read
The at‑the‑money implied volatility stands at 22.31 %, a level that mirrors the prevailing equity volatility regime. The volatility skew is bearish, meaning out‑of‑the‑money calls carry relatively higher IV than equivalent puts, hinting at greater demand for upside protection.
Key OI Levels
The highest call OI concentrates at the ₹1,100 strike, and the highest put OI concentrates at the ₹1,000 strike.