Indian Bank

NSE: INDIANBFinancial ServicesLot size: 1000

Indian Bank Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
68.8 L
Total PE OI
42.8 L
PCR
0.62Bearish
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
1K0%760%00
1K0%780%+1K68K
00%790%03K
15K0%800%-40K1.9 L
2K0%810%014K
7K-3K%820%+34K1.5 L
1K0%830%+1.1 L2.7 L
2.5 L0%840%+79K3.6 L
1.9 L+64K%850%+2.3 L6.1 L
2.1 L+26K%860%+36K3.7 L
1.0 L+2K%870%-34K4.4 L
4.5 L+39K%880%+71K6.6 L
3.5 L+48K%890%+21K3.6 L
14.7 L+88K%900ATM%-22K3.7 L
6.7 L+2.0 L%910%+11K47K
3.6 L-6K%920%+16K37K
9.3 L+6.0 L%930%-18K67K
6.0 L+12K%940%02.0 L
2.5 L-35K%950%028K
4.7 L-68K%960%00
1.3 L+4K%970%00
68K+8K%980%02K
20K+1K%990%00
2.4 L-21K%1,000%+2K23K
82K+7K%1,020%00

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

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Key Strike Levels

The open‑interest (OI) profile shows a pronounced ceiling at the 1000 CE strike, where roughly 2.42 L contracts sit, suggesting a near‑term resistance zone. Conversely, the 1000 PE strike accumulates about 24 k contracts, marking a support slab for the underlying. Together these concentrations delineate an implied trading corridor roughly between 950 and 1050 for the next expiry.

OI Buildup Activity

Fresh OI builds at the 930 CE level add 5.98 L contracts, indicating new seller interest just below resistance. The 910 CE and 900 CE strikes accumulate an additional 2.01 L and 92 k contracts respectively, reinforcing the short‑call side of the market. On the put side, the 830 PE strike gains 1.10 L contracts, while the 840 PE and 880 PE strikes receive 80 k and 69 k contracts, reflecting fresh long‑put positioning near the support zone.

Volatility Read

The at‑the‑money implied volatility stands at 23.93 %, a moderate level for this equity. The volatility skew is bearish, indicating higher implied volatilities for out‑of‑the‑money puts relative to calls.

Key OI Levels

The highest OI concentrations are at the 1000 CE strike (≈2.42 L) and the 1000 PE strike (≈24 k).

Frequently Asked Questions

What is the highest call OI strike for Indian Bank today?
The strike with highest call (CE) open interest for Indian Bank is ₹900 for the 2026-09-29 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Indian Bank today?
The strike with highest put (PE) open interest for Indian Bank is ₹880 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Indian Bank options mean?
Open Interest (OI) buildup in Indian Bank options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Indian Bank options expire?
Indian Bank options have their nearest expiry on 2026-09-29. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Indian Bank option chain?
The Indian Bank option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.