Hindustan Petroleum Corporation Limited

NSE: HINDPETROOil, Gas & Consumable FuelsLot size: 2025

Hindustan Petroleum Corporation Limited Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
1.11 Cr
Total PE OI
1.00 Cr
PCR
0.90Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
6K0%300%00
2K0%300.75%+2K67K
38K0%320%+18K95K
20K0%320.75%06K
32K+4K%330%+2.4 L7.8 L
22K+8K%340%-1.1 L9.8 L
26K0%340.75%+2K2.6 L
1.4 L+28K%350%+38K17.4 L
1.9 L0%350.75%-16K3.3 L
12.0 L+2.5 L%360%+1.2 L12.7 L
2.0 L+8K%360.75%-4K5.2 L
22.3 L+2.2 L%370ATM%+20K11.0 L
4.3 L+93K%370.75%02.8 L
21.0 L+32K%380%+14K9.9 L
4.7 L+22K%380.75%04.4 L
9.8 L+61K%390%02.0 L
1.1 L-30K%390.75%+2K36K
15.3 L+26K%400%01.8 L
3.6 L+2K%400.75%030K
3.0 L-8K%410%051K
1.9 L0%410.75%063K
3.5 L+2K%420%05.4 L
1.2 L-6K%420.75%045K
47K0%440%+6K26K
14K0%440.75%04K

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

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Key Strike Levels

The open‑interest (OI) map shows a tight concentration around the 360 ₹ and 330 ₹ strikes. The 360 ₹ call cluster (180 contracts) acts as a resistance ceiling, while the 330 ₹ put cluster (180 contracts) forms a support floor. This bracket creates an implied price corridor of roughly ₹330 – ₹360 for the underlying by expiry on 29 September 2026.

OI Buildup Activity

Recent data reveal fresh OI inflows at several front‑month levels. On the call side, the 360 ₹ strike has added 2 contracts amounting to 55,150 ₹ of new exposure, the 370 ₹ strike has taken in 2 contracts (26,800 ₹), and the 370.75 ₹ strike has attracted a single contract (89,100 ₹). On the put side, the 330 ₹ strike has accumulated 2 contracts (38,950 ₹), the 360 ₹ put has gained 1 contract (107,325 ₹), and the 350 ₹ put has taken up 1 contract (36,450 ₹). These additions suggest that market makers are positioning to hedge against moves beyond the established band, reinforcing the current OI‑driven support and resistance zones.

Volatility Read

The at‑the‑money implied volatility stands at 25.38 %, indicating moderate expectations of price movement through the September expiry. The volatility skew is neutral, showing no pronounced bias toward either calls or puts.

Key OI Levels

The highest call OI sits at the 360 ₹ strike (180 contracts) and the highest put OI at the 330 ₹ strike (180 contracts).

Frequently Asked Questions

What is the highest call OI strike for Hindustan Petroleum Corporation Limited today?
The strike with highest call (CE) open interest for Hindustan Petroleum Corporation Limited is ₹370 for the 2026-09-29 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 Hindustan Petroleum Corporation Limited today?
The strike with highest put (PE) open interest for Hindustan Petroleum Corporation Limited is ₹350 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Hindustan Petroleum Corporation Limited options mean?
Open Interest (OI) buildup in Hindustan Petroleum Corporation 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 Hindustan Petroleum Corporation Limited options expire?
Hindustan Petroleum Corporation Limited options have their nearest expiry on 2026-09-29. 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 Hindustan Petroleum Corporation Limited option chain?
The Hindustan Petroleum Corporation 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.