ICICI Lombard General Insurance Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,320 | ₹— | —% | — | +325 | 650 |
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,400 | ₹— | —% | — | +3K | 4K |
| 0 | 0 | — | —% | ₹— | 1,420 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | +19K | 27K |
| 0 | 0 | — | —% | ₹— | 1,460 | ₹— | —% | — | +11K | 35K |
| 0 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +10K | 29K |
| 650 | +325 | — | —% | ₹— | 1,500 | ₹— | —% | — | +4K | 49K |
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | -650 | 22K |
| 2K | +325 | — | —% | ₹— | 1,540 | ₹— | —% | — | -650 | 40K |
| 2K | +650 | — | —% | ₹— | 1,560 | ₹— | —% | — | +40K | 51K |
| 38K | +17K | — | —% | ₹— | 1,580 | ₹— | —% | — | +7K | 42K |
| 1.9 L | +1.0 L | — | —% | ₹— | 1,600ATM | ₹— | —% | — | +66K | 1.5 L |
| 2.8 L | -3K | — | —% | ₹— | 1,620 | ₹— | —% | — | +6K | 21K |
| 32K | +3K | — | —% | ₹— | 1,640 | ₹— | —% | — | +325 | 23K |
| 18K | +8K | — | —% | ₹— | 1,660 | ₹— | —% | — | 0 | 3K |
| 13K | 0 | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 2K |
| 88K | -6K | — | —% | ₹— | 1,700 | ₹— | —% | — | -650 | 62K |
| 24K | +2K | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 650 |
| 9K | 0 | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 1K |
| 25K | -650 | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 2K |
| 4K | 0 | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 0 |
| 61K | +6K | — | —% | ₹— | 1,800 | ₹— | —% | — | 0 | 13K |
| 6K | +975 | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 1,860 | ₹— | —% | — | 0 | 0 |
| 45K | -3K | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 2K |
| 6K | +5K | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 325 |
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 landscape shows a significant and liquid cluster around the 1580‑1600 call zone and the 1560‑1600 put zone. Calls at 1580 carry 1 600 contracts, while the 1600 call holds the firm maximum open interest of 1 000 contracts, indicating a resistance band near ₹1 580‑1 600 and defining an implied price‑range corridor. On the downside, puts at 1560 and 1600 each hold 1 000 contracts, forming a notable support corridor around ₹1 560‑1 600.
OI Buildup Activity
During the latest session, fresh open‑interest adds of 1 05 300 contracts at the 1600 call level suggest aggressive writing by market makers, reflecting a strategic defensive stance. The 1580 call receives an additional 16 900 contracts, while the 1660 call sees 8 125 new contracts, pointing to a widening of bullish exposure and incremental speculative interest. On the put side, the 1600 strike accumulates 66 950 contracts, the 1560 strike 40 300, and the 1440 strike 18 850, reflecting defensive positioning and a balanced writer sentiment.
Volatility Read
The at‑the‑money implied volatility stands at 24.06%, indicating moderate premium levels. The volatility skew is bearish, with out‑of‑the‑money puts priced higher than calls, and the implied volatility curve currently tilted toward downside protection.
Key OI Levels
The highest call open interest resides at the 1600 strike (1 000 contracts) and the highest put open interest at the 1600 strike (1 000 contracts), simultaneously reflecting balanced market sentiment.