Hindustan Zinc Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
1.80 Cr
Total PE OI
1.26 Cr
PCR
0.70
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 280 | ₹— | 16.5% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 360 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 380 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 9.2% | — | — | — |
| 2K | 0 | — | —% | ₹114.80 | 400 | ₹0.10 | —% | 4K | -1K | 1.1 L |
| 1K | +1K | — | —% | ₹98.55 | 410 | ₹1.55 | —% | — | +1K | 1K |
| 1K | 0 | — | —% | ₹181.65 | 420 | ₹0.20 | —% | 4K | 0 | 42K |
| 10K | 0 | — | —% | ₹81.65 | 425 | ₹— | —% | — | — | — |
| 10K | 0 | — | —% | ₹169.05 | 430 | ₹0.20 | —% | 17K | -9K | 15K |
| — | — | — | —% | ₹— | 435 | ₹0.40 | —% | — | 0 | 16K |
| 5K | 0 | — | —% | ₹161.80 | 440 | ₹0.20 | —% | 5K | -2K | 1.7 L |
| — | — | — | —% | ₹— | 445 | ₹0.30 | —% | — | 0 | 60K |
| 40K | 0 | — | —% | ₹135.10 | 450 | ₹0.30 | —% | 7K | -1K | 1.6 L |
| — | — | — | —% | ₹— | 455 | ₹1.20 | —% | — | 0 | 47K |
| — | — | — | —% | ₹256.25 | 460 | ₹0.25 | 80.2% | 2K | 0 | 1.7 L |
| — | — | — | —% | ₹— | 465 | ₹0.55 | 84.3% | — | 0 | 23K |
| 5K | 0 | — | —% | ₹51.45 | 470 | ₹0.40 | 77.2% | — | 0 | 1.2 L |
| — | — | — | —% | ₹— | 475 | ₹0.30 | 71.0% | — | 0 | 42K |
| 55K | 0 | — | —% | ₹120.70 | 480 | ₹0.50 | 76.2% | 9K | -6K | 4.4 L |
| 21K | 0 | — | —% | ₹41.80 | 485 | ₹0.60 | 72.5% | — | 0 | 80K |
| 92K | 0 | — | 89.7% | ₹103.50 | 490 | ₹0.50 | 70.0% | 2K | 0 | 1.8 L |
| 1.8 L | 0 | — | 111.1% | ₹102.00 | 495 | ₹0.45 | 63.1% | — | 0 | 1.1 L |
| 4.4 L | 0 | 1K | —% | ₹92.00 | 500 | ₹0.60 | 64.7% | 48K | -4K | 6.2 L |
| 1.4 L | 0 | — | 54.2% | ₹87.20 | 505 | ₹0.55 | 60.9% | 11K | -7K | 1.6 L |
| 1.3 L | 0 | 1K | 59.1% | ₹83.20 | 510 | ₹0.75 | 60.9% | 23K | +5K | 3.6 L |
| 9.6 L | 0 | — | 54.2% | ₹77.00 | 515 | ₹0.85 | 60.1% | 15K | 0 | 5.9 L |
| 5.4 L | -2K | 11K | 51.4% | ₹77.70 | 520 | ₹1.00 | 57.1% | 47K | -7K | 4.4 L |
| 4.2 L | +1K | 9K | 51.3% | ₹71.25 | 525 | ₹1.00 | 53.8% | 11K | -2K | 3.1 L |
| 4.0 L | -2K | 6K | 50.6% | ₹67.50 | 530 | ₹1.20 | 52.5% | 1.1 L | +20K | 8.1 L |
| 1.9 L | 0 | — | —% | ₹56.15 | 535 | ₹1.45 | 51.0% | 18K | -4K | 1.8 L |
| 3.4 L | -6K | 11K | 41.7% | ₹53.50 | 540 | ₹1.65 | 49.4% | 2.8 L | -61K | 9.0 L |
| 76K | -2K | 9K | 42.4% | ₹49.30 | 545 | ₹— | —% | — | — | — |
| 7.7 L | -2K | 31K | 43.8% | ₹45.00 | 550 | ₹2.30 | 46.5% | 7.7 L | -3.1 L | 8.0 L |
| 1.6 L | 0 | — | 59.6% | ₹43.30 | 555 | ₹2.90 | 45.2% | 75K | -43K | 1.8 L |
| 6.2 L | -11K | 42K | 42.3% | ₹36.20 | 560 | ₹3.70 | 45.2% | 6.4 L | -1.6 L | 7.2 L |
| 3.4 L | -4K | 10K | 44.8% | ₹32.15 | 565 | ₹4.60 | 43.9% | 1.7 L | +38K | 3.7 L |
| 8.0 L | -5K | 81K | 42.6% | ₹28.10 | 570 | ₹5.60 | 43.6% | 4.0 L | -27K | 9.2 L |
| 1.7 L | -10K | 38K | 43.1% | ₹24.50 | 575 | ₹6.95 | 43.2% | 3.9 L | +7K | 1.7 L |
| 5.6 L | -5K | 2.9 L | 40.1% | ₹20.85 | 580 | ₹8.60 | 43.0% | 7.2 L | +26K | 6.0 L |
| 2.2 L | +11K | 2.8 L | 40.4% | ₹17.90 | 585 | ₹10.55 | 43.0% | 4.2 L | -23K | 3.3 L |
| 8.9 L | -2.6 L | 12.9 L | 41.2% | ₹15.15 | 590 | ₹12.70 | 42.7% | 9.1 L | -12K | 6.4 L |
| 5.8 L | +28K | 8.1 L | 40.4% | ₹12.65 | 595 | ₹— | —% | — | — | — |
| 32.0 L | -55K | 33.1 L | 41.5% | ₹10.65 | 600ATM | ₹17.95 | 41.7% | 5.6 L | -91K | 10.0 L |
| 4.1 L | +25K | 10.1 L | 40.9% | ₹8.70 | 605 | ₹21.10 | 41.2% | 1.5 L | +23K | 1.4 L |
| 15.0 L | +5.8 L | 27.8 L | 40.5% | ₹6.95 | 610 | ₹24.40 | 41.6% | 1.5 L | +6K | 1.1 L |
| — | — | — | —% | ₹— | 615 | ₹25.40 | 27.2% | — | 0 | 4K |
| 10.1 L | +67K | 17.6 L | 40.4% | ₹4.35 | 620 | ₹30.65 | 42.3% | 44K | -4K | 1.0 L |
| 1.8 L | -18K | 4.2 L | 40.6% | ₹3.45 | 625 | ₹34.65 | 30.0% | — | 0 | 9K |
| 3.2 L | +22K | 9.3 L | 40.8% | ₹2.70 | 630 | ₹37.60 | 42.2% | 7K | +2K | 48K |
| 82K | +12K | 56K | 41.0% | ₹2.15 | 635 | ₹42.30 | —% | — | 0 | 15K |
| 2.4 L | -16K | 2.5 L | 41.7% | ₹1.65 | 640 | ₹50.00 | 48.4% | 1K | 0 | 36K |
| 64K | -2K | 16K | 42.8% | ₹1.75 | 645 | ₹— | —% | — | — | — |
| 6.5 L | 0 | 5.8 L | 42.4% | ₹1.00 | 650 | ₹58.00 | 47.8% | 29K | -10K | 1.7 L |
| 20K | 0 | — | 46.2% | ₹1.10 | 655 | ₹— | —% | — | — | — |
| 1.6 L | -17K | 61K | 43.2% | ₹0.60 | 660 | ₹63.35 | —% | — | 0 | 1K |
| 33K | 0 | 2K | 43.3% | ₹0.60 | 665 | ₹— | —% | — | — | — |
| 2.3 L | -15K | 37K | 44.7% | ₹0.40 | 670 | ₹77.50 | 53.4% | 1K | 0 | 6K |
| — | — | — | —% | ₹— | 675 | ₹165.00 | 331.9% | — | 0 | 1K |
| 70K | -25K | 43K | 47.0% | ₹0.30 | 680 | ₹91.00 | 72.2% | — | 0 | 2K |
| 13K | 0 | — | 57.0% | ₹0.60 | 690 | ₹41.85 | —% | — | — | — |
| 5.7 L | -26K | 43K | 52.1% | ₹0.20 | 700 | ₹107.45 | 81.0% | 1K | 0 | 82K |
| 29K | 0 | 4K | 52.4% | ₹0.15 | 710 | ₹117.40 | —% | — | 0 | 10K |
| — | — | — | —% | ₹73.75 | 720 | ₹55.50 | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 730 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹64.35 | 740 | ₹65.85 | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 750 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹55.95 | 760 | ₹77.10 | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 770 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 780 | ₹— | —% | — | — | — |
| 74K | 0 | — | 79.7% | ₹0.10 | 800 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 820 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 840 | ₹— | —% | — | — | — |
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
Immediate resistance aligns at ₹610, where massive call OI dominates, reinforcing a strong ceiling. Major support forms at ₹565, backed by significant put OI, with secondary backing at ₹580. The implied range sits between ₹565 and ₹610, anchored by concentrated OI walls.
OI Buildup Activity
Fresh longs emerge in 610 CE, signaling aggressive bullish bets with +6.01 lakh OI added—likely speculators and long calls. On the put side, 565 PE sees the highest OI accumulation (+34,300), indicating writers are defending this zone as critical support. Additional buildup at 620 CE and 580 PE suggests incremental bearish hedging above and near-term floor testing.
Volatility Read
ATM IV holds at elevated 40.88%, reflecting heightened event premium and uncertainty. The bearish skew—higher put volatility relative to calls—confirms defensive positioning and demand for downside protection.
Strategy Implication
Bias leans cautious-bullish with strong resistance at 610 and support at 565, favoring range-bound strategies with volatility edge.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Hindustan Zinc Limited today?▾
The strike with highest call (CE) open interest for Hindustan Zinc Limited is ₹600 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 Hindustan Zinc Limited today?▾
The strike with highest put (PE) open interest for Hindustan Zinc Limited is ₹600 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 Hindustan Zinc Limited options mean?▾
Open Interest (OI) buildup in Hindustan Zinc 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 Zinc Limited options expire?▾
Hindustan Zinc 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 Hindustan Zinc Limited option chain?▾
The Hindustan Zinc 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.