ICICI Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 700 |
| 0 | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | +3K | 3K |
| 2K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 9K |
| 0 | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,190 | ₹— | —% | — | +1K | 1K |
| 700 | 0 | — | —% | ₹— | 1,200 | ₹— | —% | — | +83K | 3.1 L |
| 0 | 0 | — | —% | ₹— | 1,210 | ₹— | —% | — | +6K | 13K |
| 0 | 0 | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,230 | ₹— | —% | — | +45K | 45K |
| 4K | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | +40K | 1.3 L |
| 9K | -700 | — | —% | ₹— | 1,250 | ₹— | —% | — | +28K | 1.2 L |
| 15K | 0 | — | —% | ₹— | 1,260 | ₹— | —% | — | +4K | 2.2 L |
| 0 | 0 | — | —% | ₹— | 1,270 | ₹— | —% | — | +3.8 L | 4.7 L |
| 1K | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | -74K | 3.2 L |
| 1K | 0 | — | —% | ₹— | 1,290 | ₹— | —% | — | +36K | 1.5 L |
| 67K | +8K | — | —% | ₹— | 1,300 | ₹— | —% | — | +9K | 6.6 L |
| 4K | 0 | — | —% | ₹— | 1,310 | ₹— | —% | — | +11K | 1.6 L |
| 27K | -1K | — | —% | ₹— | 1,320 | ₹— | —% | — | +22K | 10.1 L |
| 11K | +4K | — | —% | ₹— | 1,330 | ₹— | —% | — | +64K | 3.8 L |
| 78K | +10K | — | —% | ₹— | 1,340 | ₹— | —% | — | +48K | 5.2 L |
| 2.8 L | +40K | — | —% | ₹— | 1,350 | ₹— | —% | — | -13K | 3.5 L |
| 2.8 L | +1.1 L | — | —% | ₹— | 1,360 | ₹— | —% | — | +1.7 L | 5.0 L |
| 5.2 L | +3.4 L | — | —% | ₹— | 1,370 | ₹— | —% | — | +4.1 L | 6.7 L |
| 16.8 L | +3.8 L | — | —% | ₹— | 1,380 | ₹— | —% | — | +2.3 L | 13.2 L |
| 8.0 L | +84K | — | —% | ₹— | 1,390 | ₹— | —% | — | -20K | 6.8 L |
| 38.8 L | +5.8 L | — | —% | ₹— | 1,400ATM | ₹— | —% | — | +92K | 27.7 L |
| 6.2 L | +1.2 L | — | —% | ₹— | 1,410 | ₹— | —% | — | -5K | 2.2 L |
| 8.5 L | +2.4 L | — | —% | ₹— | 1,420 | ₹— | —% | — | +32K | 3.3 L |
| 5.1 L | +99K | — | —% | ₹— | 1,430 | ₹— | —% | — | -2K | 1.2 L |
| 4.7 L | -21K | — | —% | ₹— | 1,440 | ₹— | —% | — | 0 | 98K |
| 15.7 L | -9K | — | —% | ₹— | 1,450 | ₹— | —% | — | -4K | 5.4 L |
| 3.6 L | +58K | — | —% | ₹— | 1,460 | ₹— | —% | — | +1K | 1.4 L |
| 2.1 L | -46K | — | —% | ₹— | 1,470 | ₹— | —% | — | +6K | 17K |
| 2.9 L | -43K | — | —% | ₹— | 1,480 | ₹— | —% | — | 0 | 1K |
| 3.6 L | +2.3 L | — | —% | ₹— | 1,490 | ₹— | —% | — | 0 | 0 |
| 14.2 L | +1.6 L | — | —% | ₹— | 1,500 | ₹— | —% | — | +12K | 4.2 L |
| 53K | +3K | — | —% | ₹— | 1,510 | ₹— | —% | — | 0 | 0 |
| 2.0 L | +57K | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 2K |
| 1.8 L | -10K | — | —% | ₹— | 1,540 | ₹— | —% | — | 0 | 1K |
| 2.6 L | +55K | — | —% | ₹— | 1,560 | ₹— | —% | — | 0 | 0 |
| 4K | +700 | — | —% | ₹— | 1,580 | ₹— | —% | — | 0 | 0 |
| 2.0 L | +18K | — | —% | ₹— | 1,600 | ₹— | —% | — | +4K | 43K |
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 open‑interest cluster around the 1380‑strike call (≈1,400 contracts) and the 1370‑strike put (≈4 contracts) defines a tight implied range between ₹1365 and ₹1395 for the November expiry as traders calibrate delta exposure and liquidity flows. The highest call open interest at 1380 suggests a resistance ceiling, while the peak put open interest at 1370 signals a supportive floor within that band. Combined with the at‑the‑money implied volatility of 16.11%, the market anticipates modest price swings around the current spot of ₹1,377.6.
OI Buildup Activity
Fresh call open interest adds of 1,400 contracts at 1380 and 1,381 contracts at 1400 reflect aggressive positioning by option writers near the resistance zone targeting a breakout scenario while maintaining delta neutrality across the book. Similarly, put open interest increments of 4,039 contracts at 1370, 3,654 contracts at 1270, and 2,261 contracts at 1380 indicate writers hedging downside risk a corridor. The net zero change in the top call and put open‑interest figures suggests that existing positions are being balanced rather than aggressively expanded.
Volatility Read
Implied volatility rests at 16.11%, aligning closely with historical averages for the bank segment. The skew is neutral, indicating no pronounced bias toward calls or puts in the current market sentiment.
Key OI Levels
The concentration peaks at 1,400 call contracts at 1380 and 4,039 put contracts at 1370 constitute the highest open‑interest levels.