Hyundai Motor India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,560 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,600 | ₹— | —% | — | +9K | 20K |
| 0 | 0 | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,660 | ₹— | —% | — | +14K | 14K |
| 0 | 0 | — | —% | ₹— | 1,680 | ₹— | —% | — | +12K | 24K |
| 275 | 0 | — | —% | ₹— | 1,700 | ₹— | —% | — | +15K | 78K |
| 0 | 0 | — | —% | ₹— | 1,720 | ₹— | —% | — | +5K | 12K |
| 0 | 0 | — | —% | ₹— | 1,740 | ₹— | —% | — | +12K | 17K |
| 0 | 0 | — | —% | ₹— | 1,760 | ₹— | —% | — | +34K | 40K |
| 0 | 0 | — | —% | ₹— | 1,780 | ₹— | —% | — | +6K | 10K |
| 22K | +6K | — | —% | ₹— | 1,800 | ₹— | —% | — | +61K | 1.5 L |
| 7K | +7K | — | —% | ₹— | 1,820 | ₹— | —% | — | +34K | 35K |
| 14K | +6K | — | —% | ₹— | 1,840 | ₹— | —% | — | +15K | 33K |
| 48K | +16K | — | —% | ₹— | 1,860 | ₹— | —% | — | +33K | 66K |
| 76K | +70K | — | —% | ₹— | 1,880 | ₹— | —% | — | +36K | 38K |
| 2.3 L | +1.5 L | — | —% | ₹— | 1,900 | ₹— | —% | — | +88K | 1.6 L |
| 81K | +62K | — | —% | ₹— | 1,920 | ₹— | —% | — | +19K | 21K |
| 1.1 L | +89K | — | —% | ₹— | 1,940 | ₹— | —% | — | +21K | 23K |
| 73K | +52K | — | —% | ₹— | 1,960 | ₹— | —% | — | +1K | 4K |
| 20K | +18K | — | —% | ₹— | 1,980 | ₹— | —% | — | 0 | 275 |
| 3.9 L | +2.4 L | — | —% | ₹— | 2,000ATM | ₹— | —% | — | -1K | 23K |
| 13K | +12K | — | —% | ₹— | 2,020 | ₹— | —% | — | 0 | 0 |
| 1.2 L | +1.1 L | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 0 |
| 18K | +12K | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 0 |
| 9K | +8K | — | —% | ₹— | 2,080 | ₹— | —% | — | 0 | 1K |
| 2.0 L | +93K | — | —% | ₹— | 2,100 | ₹— | —% | — | 0 | 13K |
| 8K | +8K | — | —% | ₹— | 2,120 | ₹— | —% | — | 0 | 0 |
| 12K | +10K | — | —% | ₹— | 2,140 | ₹— | —% | — | 0 | 275 |
| 10K | +8K | — | —% | ₹— | 2,160 | ₹— | —% | — | 0 | 0 |
| 6K | +5K | — | —% | ₹— | 2,180 | ₹— | —% | — | 0 | 275 |
| 46K | +27K | — | —% | ₹— | 2,200 | ₹— | —% | — | 0 | 20K |
| 0 | 0 | — | —% | ₹— | 2,220 | ₹— | —% | — | 0 | 275 |
| 2K | -550 | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 2,260 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 2,280 | ₹— | —% | — | +550 | 825 |
| 275 | 0 | — | —% | ₹— | 2,320 | ₹— | —% | — | 0 | 275 |
| 275 | 0 | — | —% | ₹— | 2,360 | ₹— | —% | — | +5K | 6K |
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 largest open‑interest (OI) sits at the 1900 ₹ call (≈1,000 contracts) and the 1900 ₹ put (≈1,000 contracts), forming a tight resistance‑support band around the current spot of ₹1,866.9.
Additional call OI clusters at 2000 ₹ (≈2,000 contracts) and 2040 ₹ (≈1,900 contracts), while put OI builds up at 1800 ₹ (≈1,800 contracts) and 1820 ₹ (≈1,700 contracts), suggesting an implied price corridor of roughly ₹1,800‑₹2,050.
The concentration of OI at these strikes indicates that market participants expect the underlying to trade within this range through the November expiry.
OI Buildup Activity
Fresh call OI added 2,43,925 contracts to the 2000 ₹ strike, 1,48,225 contracts to the 1900 ₹ strike, and 1,12,200 contracts to the 2040 ₹ strike, reflecting aggressive positioning by option writers near the upper edge of the implied range.
On the put side, new OI of 89,100 contracts at 1900 ₹, 59,950 contracts at 1800 ₹, and 37,125 contracts at 1820 ₹ signals a defensive hedge buildup around the lower boundary.
The simultaneous influx of both call and put OI at adjacent strikes points to a balanced view among market makers, with risk being distributed across the identified resistance‑support zone.
Volatility Read
The at‑the‑money implied volatility stands at 19.03 %, indicating moderate pricing of forward uncertainty for the November expiry.
The volatility skew is bearish, meaning out‑of‑the‑money calls are relatively cheaper than puts, a pattern consistent with a market bias toward downside protection.
Key OI Levels
The strikes with the highest open interest are 1900 ₹ for both calls and puts, each holding approximately 1,000 contracts.