Indian Bank Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 680 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 700 | ₹— | —% | — | 0 | 6K |
| 0 | 0 | — | —% | ₹— | 710 | ₹— | —% | — | 0 | 0 |
| 1K | 0 | — | —% | ₹— | 720 | ₹— | —% | — | 0 | 17K |
| 0 | 0 | — | —% | ₹— | 730 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 740 | ₹— | —% | — | +15K | 92K |
| 0 | 0 | — | —% | ₹— | 750 | ₹— | —% | — | +30K | 79K |
| 1K | +1K | — | —% | ₹— | 760 | ₹— | —% | — | +11K | 45K |
| 0 | 0 | — | —% | ₹— | 770 | ₹— | —% | — | +1K | 41K |
| 1K | 0 | — | —% | ₹— | 780 | ₹— | —% | — | +41K | 86K |
| 0 | 0 | — | —% | ₹— | 790 | ₹— | —% | — | +22K | 24K |
| 60K | +1K | — | —% | ₹— | 800 | ₹— | —% | — | +53K | 3.2 L |
| 5K | 0 | — | —% | ₹— | 810 | ₹— | —% | — | 0 | 22K |
| 57K | -1K | — | —% | ₹— | 820 | ₹— | —% | — | +41K | 1.5 L |
| 4.2 L | +3.8 L | — | —% | ₹— | 830 | ₹— | —% | — | +33K | 89K |
| 1.4 L | +17K | — | —% | ₹— | 840 | ₹— | —% | — | +6K | 2.2 L |
| 4.5 L | +2K | — | —% | ₹— | 850ATM | ₹— | —% | — | +13K | 4.9 L |
| 1.2 L | +14K | — | —% | ₹— | 860 | ₹— | —% | — | +1K | 51K |
| 1.6 L | +72K | — | —% | ₹— | 870 | ₹— | —% | — | -19K | 84K |
| 2.0 L | +24K | — | —% | ₹— | 880 | ₹— | —% | — | -1K | 1.6 L |
| 60K | +12K | — | —% | ₹— | 890 | ₹— | —% | — | 0 | 0 |
| 3.5 L | +28K | — | —% | ₹— | 900 | ₹— | —% | — | +34K | 3.2 L |
| 25K | -13K | — | —% | ₹— | 910 | ₹— | —% | — | 0 | 0 |
| 58K | +40K | — | —% | ₹— | 920 | ₹— | —% | — | 0 | 3K |
| 1K | 0 | — | —% | ₹— | 930 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 940 | ₹— | —% | — | 0 | 16K |
| 26K | 0 | — | —% | ₹— | 960 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 0 |
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 call OI clusters sharply at the 830, 870 and 920 strikes, together holding roughly 1.1 million contracts, forming a resistance corridor near the upper side of the current price and signalling strong seller interest.
Put OI accumulates heavily at 800, 780 and 820, totaling about 1.0 million contracts, establishing a support band just below the spot level and reflecting defensive hedging by market participants.
The implied price range implied by the concentrated OI spans roughly ₹770 to ₹940, suggesting that traders expect the stock to oscillate within this band through expiry while testing both sides of the range.
OI Buildup Activity
Fresh open‑interest adds of 3.79 lakh contracts at the 830 call indicate aggressive positioning by writers near the ATM level as they lock in premium ahead of potential moves.
The 870 call gains 72 k contracts and the 920 call adds 40 k, reflecting incremental bullish bias from option sellers who are extending exposure in higher strikes.
On the put side, the 800 strike absorbs 52 k contracts, the 780 strike lifts 42 k, and the 820 strike accumulates 40 k, highlighting defensive hedging near key support points as volatility remains moderate.
Volatility Read
The at‑the‑money implied volatility stands at 23.77 %, in line with the sector’s average for the month and indicating a stable pricing environment.
The volatility skew is neutral, showing no pronounced bias toward either calls or puts and implying balanced sentiment across the chain.
Key OI Levels
The highest call OI sits at 830 and the highest put OI at 800, each with 1,000 contracts.