Hindustan Zinc Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 460 | ₹— | —% | — | 0 | 11K |
| — | — | — | —% | ₹— | 480 | ₹— | —% | — | +1K | 29K |
| — | — | — | —% | ₹— | 490 | ₹— | —% | — | 0 | 4K |
| 17K | 0 | — | —% | ₹— | 500 | ₹— | —% | — | -9K | 4.6 L |
| 4K | 0 | — | —% | ₹— | 510 | ₹— | —% | — | 0 | 71K |
| 33K | 0 | — | —% | ₹— | 520 | ₹— | —% | — | 0 | 4.1 L |
| 80K | 0 | — | —% | ₹— | 530 | ₹— | —% | — | -20K | 4.0 L |
| 53K | +4K | — | —% | ₹— | 540 | ₹— | —% | — | +1.3 L | 9.9 L |
| 1.9 L | -5K | — | —% | ₹— | 550 | ₹— | —% | — | -5K | 19.4 L |
| 1.8 L | -6K | — | —% | ₹— | 560 | ₹— | —% | — | +1K | 15.2 L |
| 2.4 L | +1K | — | —% | ₹— | 570 | ₹— | —% | — | -31K | 18.0 L |
| 7.6 L | -26K | — | —% | ₹— | 580 | ₹— | —% | — | +1.7 L | 15.3 L |
| 9.1 L | -2.4 L | — | —% | ₹— | 590 | ₹— | —% | — | +36K | 9.4 L |
| 39.7 L | -1.3 L | — | —% | ₹— | 600ATM | ₹— | —% | — | +97K | 26.0 L |
| 21.2 L | -1.1 L | — | —% | ₹— | 610 | ₹— | —% | — | -11K | 6.4 L |
| 30.0 L | -1.5 L | — | —% | ₹— | 620 | ₹— | —% | — | -65K | 12.2 L |
| 26.5 L | +1.4 L | — | —% | ₹— | 630 | ₹— | —% | — | -26K | 4.3 L |
| 23.9 L | +1K | — | —% | ₹— | 640 | ₹— | —% | — | -9K | 8.6 L |
| 33.9 L | -49K | — | —% | ₹— | 650 | ₹— | —% | — | -6K | 7.4 L |
| 14.0 L | +44K | — | —% | ₹— | 660 | ₹— | —% | — | -2K | 72K |
| 8.5 L | +11K | — | —% | ₹— | 670 | ₹— | —% | — | +1K | 23K |
| 17.2 L | +20K | — | —% | ₹— | 680 | ₹— | —% | — | 0 | 99K |
| 1.8 L | +4K | — | —% | ₹— | 690 | ₹— | —% | — | 0 | 4K |
| 8.3 L | +1.1 L | — | —% | ₹— | 700 | ₹— | —% | — | 0 | 13K |
| 4.8 L | +1.3 L | — | —% | ₹— | 710 | ₹— | —% | — | -1K | 40K |
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 call‑open‑interest (OI) concentration peaks at the ₹340 strike, where 340 contracts sit at zero delta, forming a clear resistance barrier. On the put side the same ₹340 strike also hosts 340 contracts, acting as a solid support level. The implied price corridor, derived from the bulk of OI, spans roughly ₹300–₹380, framing the near‑term trading range for the underlying.
OI Buildup Activity
Recent data show a sizable addition of call OI at the ₹630 strike, with 1,29,850 contracts added, followed by a similar influx at ₹710 (1,29,850) and a smaller but notable rise at ₹700 (1,05,350). On the put side, the greatest buildup occurs at the ₹580 strike, where 1,75,175 contracts are added, then at ₹540 (1,26,175) and ₹600 (95,550). These fresh inflows suggest that option writers are positioning around the upper‑mid strikes, potentially hedging exposure as the market nudges toward the higher end of the implied range. The symmetry of the OI additions indicates a balanced view among market participants, with neither side overwhelmingly dominant.
Volatility Read
The at‑the‑money implied volatility stands at 25.34 %, reflecting moderate premium pricing for the September expiry. The skew is bearish, indicating that out‑of‑the‑money puts are priced higher relative to calls, which may point to a market bias toward downside protection.
Key OI Levels
The highest open‑interest concentrations appear at the ₹340 strike for both calls and puts.