Hindustan Petroleum Corporation Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 150 | ₹— | 20.5% | — | — | — |
| — | — | — | —% | ₹— | 160 | ₹— | 19.1% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 17.7% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 16.5% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 210 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 220 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 225 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 235 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 240 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 245 | ₹— | 9.7% | — | — | — |
| 6K | 0 | 6K | —% | ₹134.00 | 250 | ₹0.05 | —% | 41K | -2K | 3.3 L |
| — | — | — | —% | ₹— | 255 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹163.45 | 260 | ₹0.10 | —% | — | 0 | 1.0 L |
| — | — | — | —% | ₹— | 265 | ₹— | 8.0% | — | — | — |
| 24K | 0 | — | —% | ₹103.25 | 270 | ₹0.15 | —% | 4K | 0 | 1.3 L |
| 16K | 0 | — | —% | ₹85.30 | 275 | ₹0.10 | —% | 16K | +6K | 95K |
| 47K | 0 | — | —% | ₹85.00 | 280 | ₹0.15 | —% | 24K | -12K | 8.0 L |
| 6K | 0 | — | —% | ₹72.90 | 285 | ₹0.35 | —% | — | 0 | 47K |
| 18K | 0 | — | —% | ₹41.65 | 290 | ₹0.15 | 85.0% | 93K | -4K | 3.3 L |
| 6K | 0 | — | —% | ₹39.45 | 295 | ₹0.15 | —% | 1.1 L | -32K | 75K |
| 1.3 L | 0 | — | —% | ₹70.10 | 300 | ₹0.25 | 83.8% | 1.1 L | -30K | 12.3 L |
| 20K | 0 | — | —% | ₹31.85 | 305 | ₹0.20 | 76.6% | 6K | 0 | 2.5 L |
| 83K | 0 | — | —% | ₹63.50 | 310 | ₹0.25 | 74.4% | 43K | -16K | 1.5 L |
| 1.1 L | 0 | — | —% | ₹37.30 | 315 | ₹0.25 | 69.7% | 24K | 0 | 3.3 L |
| 3.3 L | 0 | — | —% | ₹58.50 | 320 | ₹0.35 | 68.6% | 41K | -24K | 8.2 L |
| 3.5 L | 0 | — | —% | ₹45.50 | 325 | ₹0.30 | 60.4% | 49K | -2K | 7.8 L |
| 8.1 L | -10K | 16K | —% | ₹54.30 | 330 | ₹0.45 | 61.4% | 1.4 L | -67K | 9.8 L |
| 4.7 L | -2K | 4K | —% | ₹50.00 | 335 | ₹0.50 | 57.4% | 32K | -10K | 3.8 L |
| 10.3 L | -8K | 14K | —% | ₹45.20 | 340 | ₹0.65 | 55.3% | 2.0 L | -43K | 8.3 L |
| 9.7 L | +2K | 6K | —% | ₹37.70 | 345 | ₹0.90 | 54.2% | 2.5 L | -73K | 4.4 L |
| 6.9 L | -28K | 67K | —% | ₹35.50 | 350 | ₹1.15 | 52.0% | 4.0 L | -28K | 14.3 L |
| 3.8 L | -8K | 26K | 33.0% | ₹28.45 | 355 | ₹1.45 | 49.4% | 3.8 L | +28K | 3.7 L |
| 5.4 L | -22K | 71K | 34.9% | ₹26.40 | 360 | ₹2.00 | 47.7% | 12.6 L | -12K | 8.8 L |
| 4.2 L | -16K | 83K | 35.4% | ₹22.05 | 365 | ₹2.80 | 47.2% | 4.9 L | -43K | 3.5 L |
| 11.5 L | -1.9 L | 8.1 L | 35.8% | ₹18.10 | 370 | ₹3.75 | 45.6% | 13.8 L | +4K | 10.6 L |
| 4.5 L | +14K | 4.7 L | 35.0% | ₹14.25 | 375 | ₹5.25 | 45.6% | 8.4 L | +47K | 4.0 L |
| 7.7 L | -1.7 L | 23.8 L | 37.5% | ₹11.30 | 380 | ₹7.10 | 45.4% | 14.9 L | +87K | 8.4 L |
| 5.1 L | +26K | 12.1 L | 38.3% | ₹8.90 | 385 | ₹9.35 | 45.3% | 4.9 L | +1.3 L | 2.0 L |
| 7.2 L | +34K | 17.7 L | 38.9% | ₹6.55 | 390 | ₹12.35 | 46.2% | 2.7 L | +38K | 4.9 L |
| 2.1 L | -75K | 6.2 L | 40.5% | ₹4.95 | 395 | ₹15.40 | 47.0% | 47K | +32K | 85K |
| 25.5 L | -8.3 L | 28.9 L | 40.2% | ₹3.60 | 400ATM | ₹19.00 | 48.0% | 67K | -8K | 4.4 L |
| 2.2 L | -89K | 2.8 L | 41.3% | ₹2.70 | 405 | ₹29.20 | 59.9% | — | 0 | 89K |
| 5.3 L | -83K | 3.8 L | 41.8% | ₹1.85 | 410 | ₹28.45 | 52.0% | 8K | -4K | 1.1 L |
| 1.4 L | -32K | 65K | 42.4% | ₹1.30 | 415 | ₹77.35 | 258.8% | — | 0 | 6K |
| 9.4 L | -2.0 L | 6.0 L | 43.5% | ₹1.00 | 420 | ₹37.90 | 55.9% | 10K | -6K | 20K |
| 43K | -12K | 28K | 45.0% | ₹0.70 | 425 | ₹79.50 | 237.5% | — | 0 | 2K |
| 1.9 L | -53K | 1.1 L | 45.4% | ₹0.50 | 430 | ₹46.25 | 63.5% | 10K | -8K | 71K |
| 8K | 0 | 4K | 45.9% | ₹0.35 | 435 | ₹20.40 | —% | — | — | — |
| 3.7 L | +22K | 55K | 48.4% | ₹0.30 | 440 | ₹56.00 | 73.5% | 4K | -2K | 1.8 L |
| 14K | 0 | — | 54.0% | ₹0.25 | 445 | ₹63.35 | 75.5% | 30K | +6K | 12K |
| 3.6 L | -10K | 16K | 49.7% | ₹0.15 | 450 | ₹68.00 | 65.8% | 2K | 0 | 1.4 L |
| — | — | — | 4.0% | ₹— | 455 | ₹— | —% | — | — | — |
| 1.2 L | 0 | — | 59.0% | ₹0.15 | 460 | ₹94.00 | —% | — | 0 | 14K |
| — | — | — | 4.4% | ₹— | 465 | ₹104.45 | —% | — | 0 | 6K |
| 41K | -22K | 26K | 55.4% | ₹0.05 | 470 | ₹85.10 | 92.5% | 2K | 0 | 10K |
| — | — | — | 4.9% | ₹— | 475 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹14.15 | 480 | ₹100.60 | 95.8% | — | 0 | 1.3 L |
| — | — | — | 5.4% | ₹— | 485 | ₹— | —% | — | — | — |
| 2K | 0 | — | 71.8% | ₹0.10 | 490 | ₹109.10 | 100.2% | 6K | 0 | 20K |
| 1.7 L | 0 | — | 71.2% | ₹0.05 | 500 | ₹116.00 | —% | 2K | 0 | 1.0 L |
| — | — | — | —% | ₹8.45 | 510 | ₹170.00 | —% | — | 0 | 4K |
| — | — | — | —% | ₹7.05 | 520 | ₹99.75 | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 530 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 540 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 550 | ₹— | —% | — | — | — |
| — | — | — | 8.5% | ₹— | 560 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance sits at ₹150 due to peak call OI, though untested and distant from spot. Strong support anchors at ₹150 put OI base, mirroring the call peak but reflecting aggressive put writer interest. The stock trades near ₹385 with immediate range bounded by ₹375–₹390, where concentrated OI buildup suggests near-term directional confinement.
OI Buildup Activity
Fresh long calls emerge at 385 (+30,375) and 390 (+22,275), signaling aggressive call writers testing upside as spot approaches. Big players add 440 CE (+22,275), hinting at structural bullish bets well beyond current levels. On the put side, 385 PE adds dominate (+1,19,475), followed by 380 and 375, showing strong defensive positioning and put writer conviction near-term support holds.
Volatility Read
ATM IV at 38.08% reflects elevated but stable premium levels, typical ahead of event risk or earnings. Neutral skew confirms balanced fear/greed—no directional panic in options pricing.
Strategy Implication
Range-bound bias prevails with writers in control between ₹375–₹390, while distant 440 CE longs suggest quiet accumulation of upside breakout exposure.