ICICI Prudential Life Insurance Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 220 | ₹— | 19.1% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 17.9% | — | — | — |
| — | — | — | —% | ₹— | 240 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 250 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 260 | ₹— | 14.4% | — | — | — |
| — | — | — | —% | ₹— | 270 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 280 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 290 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 295 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 305 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 315 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 325 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 335 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 345 | ₹— | 6.4% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 355 | ₹— | 5.5% | — | — | — |
| — | — | — | —% | ₹155.80 | 360 | ₹0.30 | 76.0% | — | — | — |
| — | — | — | —% | ₹— | 365 | ₹— | 4.8% | — | — | — |
| — | — | — | —% | ₹146.10 | 370 | ₹0.45 | 69.7% | — | — | — |
| — | — | — | —% | ₹— | 375 | ₹— | 4.0% | — | — | — |
| — | — | — | —% | ₹136.50 | 380 | ₹0.10 | 43.4% | 2K | -925 | 47K |
| — | — | — | 644.7% | ₹129.25 | 385 | ₹0.25 | 46.7% | — | — | — |
| — | — | — | 643.5% | ₹127.00 | 390 | ₹0.10 | 32.3% | 925 | 0 | 26K |
| — | — | — | 610.6% | ₹119.55 | 395 | ₹0.40 | 39.3% | — | — | — |
| 925 | 0 | 3K | 37.8% | ₹18.95 | 400 | ₹0.25 | 30.3% | 2.9 L | +23K | 2.2 L |
| — | — | 5K | —% | ₹11.30 | 405 | ₹0.35 | 24.0% | 1.1 L | +92K | 1.0 L |
| 9K | +8K | 12K | —% | ₹6.80 | 410 | ₹1.00 | 27.8% | 6.2 L | -1.2 L | 1.9 L |
| 6K | +925 | 2K | 26.4% | ₹7.25 | 415 | ₹2.80 | 32.6% | 3.5 L | -45K | 97K |
| 25K | +9K | 84K | 8.2% | ₹3.20 | 420 | ₹5.85 | 39.3% | 4.4 L | -1.5 L | 91K |
| 1.2 L | +44K | 6.4 L | 39.3% | ₹6.05 | 425 | ₹12.75 | 63.6% | 2.4 L | -1.1 L | 1.2 L |
| 2.0 L | +19K | 4.7 L | 27.5% | ₹2.20 | 430 | ₹16.30 | 67.3% | 2.9 L | -24K | 1.9 L |
| 1.4 L | -15K | 2.5 L | 27.3% | ₹1.10 | 435 | ₹20.00 | 70.3% | 3.4 L | -89K | 1.7 L |
| 4.4 L | -86K | 3.8 L | 29.8% | ₹0.70 | 440 | ₹26.45 | 88.5% | 1.2 L | -33K | 3.7 L |
| 2.2 L | -20K | 93K | 28.3% | ₹0.25 | 445 | ₹27.80 | 74.8% | 64K | -18K | 1.3 L |
| 8.1 L | -2.7 L | 5.6 L | 34.4% | ₹0.30 | 450ATM | ₹31.40 | 72.9% | 1.3 L | -51K | 3.8 L |
| 3.2 L | -19K | 45K | 39.1% | ₹0.30 | 455 | ₹41.00 | 111.9% | 41K | -2K | 3.1 L |
| 7.6 L | -1.4 L | 2.4 L | 39.0% | ₹0.15 | 460 | ₹44.00 | 106.3% | 39K | -9K | 3.4 L |
| 4.9 L | -15K | 30K | 37.1% | ₹0.05 | 465 | ₹46.00 | 90.5% | 5K | 0 | 2.0 L |
| 5.1 L | -23K | 1.0 L | 40.7% | ₹0.05 | 470 | ₹53.90 | 119.9% | 19K | -16K | 2.0 L |
| 1.7 L | -10K | 12K | 44.3% | ₹0.05 | 475 | ₹60.00 | 134.9% | 6K | -925 | 30K |
| 3.9 L | -21K | 40K | 51.9% | ₹0.10 | 480 | ₹58.00 | 72.4% | 8K | -6K | 1.2 L |
| 60K | -925 | 4K | 54.7% | ₹0.05 | 485 | ₹49.00 | —% | — | 0 | 5K |
| 2.0 L | 0 | 6K | 54.6% | ₹0.05 | 490 | ₹70.00 | —% | 925 | 0 | 70K |
| 74K | -2K | 3K | 63.8% | ₹0.10 | 495 | ₹65.00 | 87.5% | — | 0 | 6K |
| 6.1 L | -31K | 65K | 62.5% | ₹0.05 | 500 | ₹79.00 | 82.7% | 29K | -19K | 1.5 L |
| 93K | 0 | 925 | 73.3% | ₹0.10 | 505 | ₹80.15 | 146.6% | — | 0 | 5K |
| 1.2 L | -14K | 15K | 70.4% | ₹0.05 | 510 | ₹92.00 | —% | 925 | 0 | 33K |
| 6K | 0 | — | 66.7% | ₹0.10 | 515 | ₹68.95 | —% | — | 0 | 4K |
| 93K | 0 | 925 | 80.4% | ₹0.10 | 520 | ₹103.00 | —% | 925 | 0 | 32K |
| 66K | 0 | — | 67.4% | ₹0.05 | 525 | ₹31.40 | —% | — | — | — |
| 31K | 0 | — | 70.3% | ₹0.05 | 530 | ₹92.00 | —% | — | 0 | 925 |
| 2K | 0 | — | —% | ₹0.15 | 535 | ₹37.45 | —% | — | — | — |
| 33K | 0 | 925 | —% | ₹0.05 | 540 | ₹109.00 | —% | — | 0 | 27K |
| — | — | — | —% | ₹14.70 | 545 | ₹44.05 | —% | — | — | — |
| 58K | 0 | — | —% | ₹0.05 | 550 | ₹119.50 | —% | — | 0 | 8K |
| — | — | — | —% | ₹11.90 | 555 | ₹51.10 | —% | — | — | — |
| 6K | 0 | — | —% | ₹0.10 | 560 | ₹111.50 | —% | — | 0 | 925 |
| 3K | 0 | — | —% | ₹0.05 | 565 | ₹58.70 | —% | — | — | — |
| 26K | 0 | — | —% | ₹0.10 | 570 | ₹141.00 | —% | — | 0 | 61K |
| — | — | — | 8.2% | ₹— | 575 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹12.05 | 580 | ₹77.00 | —% | — | 0 | 925 |
| — | — | — | 8.6% | ₹— | 585 | ₹— | —% | — | — | — |
| 925 | 0 | — | —% | ₹0.05 | 590 | ₹160.80 | —% | — | 0 | 5K |
| — | — | — | 9.1% | ₹— | 595 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹8.35 | 600 | ₹89.25 | —% | — | — | — |
| — | — | — | 9.8% | ₹— | 610 | ₹— | —% | — | — | — |
| — | — | — | 10.3% | ₹— | 620 | ₹— | —% | — | — | — |
| — | — | — | 10.8% | ₹— | 630 | ₹— | —% | — | — | — |
| — | — | — | 11.2% | ₹— | 640 | ₹— | —% | — | — | — |
| — | — | — | 11.6% | ₹— | 650 | ₹— | —% | — | — | — |
| — | — | — | 12.1% | ₹— | 660 | ₹— | —% | — | — | — |
| — | — | — | 12.5% | ₹— | 670 | ₹— | —% | — | — | — |
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 420 CE strike holds 425 contracts of open interest, the largest concentration on the call side, indicating a short‑term resistance near ₹425 that traders watch closely and may act as a barrier to upward price swings. On the put side, the 405 PE strike accumulates 91,575 contracts, forming a strong support zone around ₹405‑₹410 that underpins market sentiment and provides a cushion against bearish pressure in the near term. Combined, the call and put concentrations suggest an implied price corridor of roughly ₹410 to ₹430 for the next expiry, framing the market’s directional bias and guides pricing.
OI Buildup Activity
Fresh open interest adds show a net inflow of 44,400 contracts at the 425 CE level, 19,425 at 430 CE, and 9,250 at 420 CE, highlighting renewed speculative thrust. The put side registers a surge of 91,575 contracts at 405 PE and an additional 23,125 contracts at 400 PE, indicating aggressive positioning by writers seeking premium income. These additions raise the total open interest at the identified strikes to the highest levels observed this trading cycle, reinforcing key technical clusters.
Volatility Read
The at‑the‑money implied volatility stands at 8.22 %, reflecting modest market expectation of future price movement and a relatively stable pricing environment. The volatility skew is bearish, with out‑of‑the‑money calls priced lower than comparable puts, suggesting a tilt toward downside risk premia.
Key OI Levels
The largest open interest concentrations are at 425 CE (220 contracts) and 405 PE (220 contracts), marking primary resistance and support respectively.