ICICI Prudential Life Insurance Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 430 | ₹— | —% | — | 0 | 88K |
| 925 | 0 | — | —% | ₹— | 440 | ₹— | —% | — | 0 | 1.0 L |
| 0 | 0 | — | —% | ₹— | 445 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 450 | ₹— | —% | — | -925 | 94K |
| 0 | 0 | — | —% | ₹— | 455 | ₹— | —% | — | 0 | 1.2 L |
| 2K | 0 | — | —% | ₹— | 460 | ₹— | —% | — | +6K | 1.6 L |
| 0 | 0 | — | —% | ₹— | 465 | ₹— | —% | — | 0 | 92K |
| 6K | 0 | — | —% | ₹— | 470 | ₹— | —% | — | +4K | 1.9 L |
| 5K | 0 | — | —% | ₹— | 475 | ₹— | —% | — | +7K | 63K |
| 6K | -3K | — | —% | ₹— | 480 | ₹— | —% | — | +25K | 1.8 L |
| 4K | 0 | — | —% | ₹— | 485 | ₹— | —% | — | -7K | 42K |
| 56K | +6K | — | —% | ₹— | 490 | ₹— | —% | — | -10K | 2.5 L |
| 79K | +42K | — | —% | ₹— | 495 | ₹— | —% | — | +26K | 1.0 L |
| 4.4 L | -62K | — | —% | ₹— | 500 | ₹— | —% | — | -24K | 3.5 L |
| 68K | -14K | — | —% | ₹— | 505 | ₹— | —% | — | +2K | 1.4 L |
| 3.7 L | -43K | — | —% | ₹— | 510 | ₹— | —% | — | -5K | 3.0 L |
| 1.5 L | +8K | — | —% | ₹— | 515 | ₹— | —% | — | 0 | 1.4 L |
| 6.3 L | +18K | — | —% | ₹— | 520ATM | ₹— | —% | — | -6K | 2.8 L |
| 1.3 L | +3K | — | —% | ₹— | 525 | ₹— | —% | — | 0 | 0 |
| 4.4 L | +68K | — | —% | ₹— | 530 | ₹— | —% | — | 0 | 17K |
| 0 | 0 | — | —% | ₹— | 535 | ₹— | —% | — | 0 | 0 |
| 2.5 L | -22K | — | —% | ₹— | 540 | ₹— | —% | — | 0 | 57K |
| 58K | +925 | — | —% | ₹— | 545 | ₹— | —% | — | 0 | 8K |
| 2.1 L | 0 | — | —% | ₹— | 550 | ₹— | —% | — | 0 | 14K |
| 0 | 0 | — | —% | ₹— | 555 | ₹— | —% | — | 0 | 2K |
| 63K | 0 | — | —% | ₹— | 560 | ₹— | —% | — | 0 | 4K |
| 0 | 0 | — | —% | ₹— | 565 | ₹— | —% | — | 0 | 3K |
| 86K | -13K | — | —% | ₹— | 570 | ₹— | —% | — | 0 | 4K |
| 76K | -4K | — | —% | ₹— | 580 | ₹— | —% | — | 0 | 925 |
| 1.5 L | -925 | — | —% | ₹— | 590 | ₹— | —% | — | 0 | 17K |
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 (OI) profile shows a tight concentration around the 495‑520 ₹ band for calls and the 475‑495 ₹ band for puts. The largest call OI sits at 290 ₹, while the largest put OI also sits at 290 ₹, indicating that these levels are acting as provisional resistance and support, respectively. Given the current spot of 494.55 ₹, the implied range implied by the OI clustering spans roughly 480 ₹ to 520 ₹, framing the near‑term price corridor.
OI Buildup Activity
During the latest trading session, fresh OI adds materialize on the 530 ₹ call (68,450 contracts) and the 495 ₹ call (42,550 contracts), suggesting that option writers are accumulating exposure near the upper‑mid strike. On the put side, the 495 ₹ strike absorbs 25,900 new contracts and the 480 ₹ strike takes in 24,975 contracts, pointing to a buildup of protection below the spot level. These additions reflect an active positioning of market participants around the identified resistance‑support band without any overt directional bias.
Volatility Read
The at‑the‑money implied volatility stands at 24.11 %, a level that is moderate relative to the sector’s historic band. The volatility skew is neutral, indicating that market participants do not exhibit a pronounced bias toward either downside or upside moves.
Key OI Levels
The highest call OI concentration resides at 290 ₹, while the highest put OI concentration also resides at 290 ₹.