Hitachi Energy India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 21,000 | ₹— | —% | — | +275 | 275 |
| 25 | 0 | — | —% | ₹— | 22,000 | ₹— | —% | — | -75 | 2K |
| 75 | 0 | — | —% | ₹— | 22,500 | ₹— | —% | — | 0 | 0 |
| 75 | 0 | — | —% | ₹— | 23,000 | ₹— | —% | — | +775 | 3K |
| 0 | 0 | — | —% | ₹— | 23,500 | ₹— | —% | — | +100 | 400 |
| 0 | 0 | — | —% | ₹— | 24,000 | ₹— | —% | — | +75 | 3K |
| 0 | 0 | — | —% | ₹— | 24,500 | ₹— | —% | — | +525 | 650 |
| 850 | 0 | — | —% | ₹— | 25,000 | ₹— | —% | — | -125 | 12K |
| 1K | 0 | — | —% | ₹— | 25,500 | ₹— | —% | — | +1K | 3K |
| 4K | -150 | — | —% | ₹— | 26,000 | ₹— | —% | — | +425 | 10K |
| 2K | 0 | — | —% | ₹— | 26,500 | ₹— | —% | — | +15K | 22K |
| 11K | -1K | — | —% | ₹— | 27,000 | ₹— | —% | — | -800 | 25K |
| 6K | -425 | — | —% | ₹— | 27,500 | ₹— | —% | — | -6K | 12K |
| 8K | -50 | — | —% | ₹— | 28,000 | ₹— | —% | — | +4K | 14K |
| 5K | +150 | — | —% | ₹— | 28,500 | ₹— | —% | — | +4K | 6K |
| 25K | +5K | — | —% | ₹— | 29,000ATM | ₹— | —% | — | +9K | 21K |
| 7K | +2K | — | —% | ₹— | 29,500 | ₹— | —% | — | +600 | 1K |
| 21K | +6K | — | —% | ₹— | 30,000 | ₹— | —% | — | +450 | 8K |
| 2K | +1K | — | —% | ₹— | 30,500 | ₹— | —% | — | 0 | 2K |
| 10K | +1K | — | —% | ₹— | 31,000 | ₹— | —% | — | 0 | 3K |
| 250 | +250 | — | —% | ₹— | 31,500 | ₹— | —% | — | 0 | 1K |
| 16K | +5K | — | —% | ₹— | 32,000 | ₹— | —% | — | -25 | 8K |
| 75 | 0 | — | —% | ₹— | 32,500 | ₹— | —% | — | 0 | 25 |
| 14K | +6K | — | —% | ₹— | 33,000 | ₹— | —% | — | +25 | 950 |
| 2K | +2K | — | —% | ₹— | 33,500 | ₹— | —% | — | 0 | 25 |
| 7K | +3K | — | —% | ₹— | 34,000 | ₹— | —% | — | 0 | 225 |
| 0 | 0 | — | —% | ₹— | 34,500 | ₹— | —% | — | 0 | 0 |
| 3K | +2K | — | —% | ₹— | 35,000 | ₹— | —% | — | 0 | 225 |
| 75 | 0 | — | —% | ₹— | 36,000 | ₹— | —% | — | 0 | 100 |
| 2K | +2K | — | —% | ₹— | 37,000 | ₹— | —% | — | 0 | 100 |
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 28,000, 29,000 and 30,000 strike calls accumulate the largest open interest, anchoring a resistance zone between ₹28,000 and ₹30,000. Traders observe this cluster as a potential ceiling for price advances ahead of the November expiry. Combined, the concentrated OI suggests an implied price range for the underlying between ₹26,500 and ₹30,000 as the market approaches expiry today.
OI Buildup Activity
Fresh open interest adds show a notable influx into the 30,000 call, which gains 6,425 contracts, indicating writers are extending exposure near the upper resistance. Similarly, the 26,500 put accumulates 14,675 contracts, the largest addition across the put side, pointing to defensive positioning around the lower support. The 32,000 and 33,000 call strikes also see sizeable builds of 5,175 and 5,925 contracts respectively, reinforcing the concentration of bullish bets near the resistance band.
Volatility Read
The at‑the‑money implied volatility stands at 43.82%, reflecting moderate premium levels for the November series. Implied volatility skew is neutral, indicating no pronounced bias toward either calls or puts at this juncture.
Key OI Levels
The highest call open interest of 11,000 contracts sits at the 28,000 strike, while the highest put open interest of 11,000 contracts clusters at the 26,500 strike; this dual concentration underscores the market’s balanced view, with traders hedging both upside and downside risks today.