Indian Oil Corporation Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
6.25 Cr
Total PE OI
4.49 Cr
PCR
0.72
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 62 | ₹— | 19.1% | — | — | — |
| — | — | — | —% | ₹— | 64 | ₹— | 18.4% | — | — | — |
| — | — | — | —% | ₹— | 66 | ₹— | 17.7% | — | — | — |
| — | — | — | —% | ₹— | 68 | ₹— | 17.0% | — | — | — |
| — | — | — | —% | ₹— | 70 | ₹— | 16.4% | — | — | — |
| — | — | — | —% | ₹— | 72 | ₹— | 15.8% | — | — | — |
| — | — | — | —% | ₹— | 74 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 76 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 78 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 80 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 82 | ₹— | 12.9% | — | — | — |
| — | — | — | —% | ₹— | 84 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 86 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 88 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 90 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 92 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 94 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 96 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 98 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 99 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 100 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 101 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 102 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 103 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 104 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 105 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 106 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 107 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 108 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 109 | ₹— | 6.6% | — | — | — |
| 5K | 0 | — | —% | ₹36.00 | 110 | ₹0.05 | —% | 10K | 0 | 7.7 L |
| — | — | — | —% | ₹— | 111 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹48.66 | 112 | ₹0.05 | 83.1% | 15K | -10K | 5.1 L |
| — | — | — | —% | ₹— | 113 | ₹— | 5.8% | — | — | — |
| — | — | — | —% | ₹67.49 | 114 | ₹0.06 | 80.7% | 5K | 0 | 4.1 L |
| — | — | — | —% | ₹— | 115 | ₹— | 5.4% | — | — | — |
| — | — | — | —% | ₹44.78 | 116 | ₹0.15 | 84.7% | — | 0 | 20K |
| — | — | — | —% | ₹— | 117 | ₹— | 5.1% | — | — | — |
| 10K | 0 | — | —% | ₹18.32 | 118 | ₹0.07 | 72.8% | 39K | +10K | 4.0 L |
| — | — | — | —% | ₹— | 119 | ₹— | 4.7% | — | — | — |
| 6.0 L | 0 | — | —% | ₹25.90 | 120 | ₹0.10 | 71.6% | 1.7 L | -24K | 13.4 L |
| — | — | — | —% | ₹— | 121 | ₹— | 4.3% | — | — | — |
| — | — | — | —% | ₹59.59 | 122 | ₹0.14 | 68.4% | — | 0 | 2.3 L |
| — | — | — | —% | ₹34.63 | 123 | ₹0.06 | 57.8% | — | — | — |
| 10K | 0 | — | —% | ₹12.96 | 124 | ₹0.13 | 64.3% | 59K | -5K | 3.4 L |
| 10K | 0 | — | —% | ₹16.44 | 125 | ₹0.14 | 62.6% | 1.9 L | -63K | 6.7 L |
| 39K | 0 | — | 91.7% | ₹22.17 | 126 | ₹0.14 | 60.1% | 10K | -5K | 2.1 L |
| 29K | 0 | — | —% | ₹9.42 | 127 | ₹0.21 | 60.1% | — | 0 | 3.4 L |
| 5K | 0 | — | —% | ₹16.00 | 128 | ₹0.17 | 57.0% | 2.3 L | -49K | 2.9 L |
| — | — | — | 299.5% | ₹33.58 | 129 | ₹0.19 | 55.9% | 1.6 L | +10K | 2.2 L |
| 5.5 L | -24K | 44K | —% | ₹17.29 | 130 | ₹0.21 | 53.9% | 7.7 L | -83K | 27.0 L |
| 2.4 L | 0 | — | —% | ₹15.29 | 131 | ₹0.30 | 53.5% | — | 0 | 10.5 L |
| 8.4 L | 0 | 10K | —% | ₹15.83 | 132 | ₹0.35 | 53.8% | — | 0 | 16.4 L |
| 13.3 L | 0 | — | —% | ₹13.90 | 133 | ₹0.26 | 48.0% | 34K | 0 | 10.8 L |
| 4.9 L | 0 | — | 49.5% | ₹13.58 | 134 | ₹0.29 | 46.7% | 2.0 L | -54K | 6.6 L |
| 18.6 L | -39K | 1.5 L | —% | ₹12.52 | 135 | ₹0.32 | 45.3% | 5.2 L | -2.1 L | 31.4 L |
| 5.8 L | 0 | — | —% | ₹10.71 | 136 | ₹0.37 | 43.8% | 1.3 L | -59K | 11.7 L |
| 7.6 L | -73K | 2.0 L | —% | ₹10.53 | 137 | ₹0.42 | 42.0% | 2.5 L | -44K | 11.7 L |
| 6.9 L | 0 | 20K | 20.4% | ₹9.59 | 138 | ₹0.46 | 39.9% | 1.2 L | -39K | 13.4 L |
| 6.4 L | -49K | 88K | 25.0% | ₹8.71 | 139 | ₹0.55 | 39.0% | 1.7 L | +44K | 8.7 L |
| 41.8 L | -1.9 L | 5.0 L | 26.0% | ₹7.76 | 140 | ₹0.65 | 38.3% | 14.3 L | -1.0 L | 71.7 L |
| 9.7 L | 0 | 29K | 25.3% | ₹7.26 | 141 | ₹0.80 | 37.2% | 2.5 L | -15K | 9.4 L |
| 11.3 L | -24K | 54K | 28.2% | ₹6.19 | 142 | ₹0.95 | 36.0% | 2.2 L | -5K | 9.3 L |
| 9.1 L | -15K | 1.3 L | 29.4% | ₹5.46 | 143 | ₹1.14 | 35.6% | 5.5 L | +10K | 7.2 L |
| 7.0 L | -20K | 49K | 29.0% | ₹4.55 | 144 | ₹1.40 | 35.3% | 7.6 L | +24K | 9.8 L |
| 30.7 L | -2.3 L | 15.3 L | 29.0% | ₹4.02 | 145 | ₹1.70 | 34.7% | 32.0 L | +3.6 L | 29.6 L |
| 8.5 L | -49K | 5.7 L | 29.2% | ₹3.39 | 146 | ₹2.08 | 34.8% | 10.1 L | -49K | 8.3 L |
| 21.6 L | -3.9 L | 33.9 L | 29.2% | ₹2.83 | 147 | ₹2.50 | 34.6% | 14.8 L | -24K | 10.7 L |
| 14.6 L | +1.7 L | 19.2 L | 29.4% | ₹2.34 | 148 | ₹3.08 | 34.5% | 4.5 L | +1.1 L | 7.4 L |
| 15.3 L | +1.0 L | 20.1 L | 29.9% | ₹1.93 | 149 | ₹3.51 | 34.7% | 2.6 L | +63K | 2.9 L |
| 98.7 L | -98K | 60.3 L | 30.5% | ₹1.59 | 150ATM | ₹4.30 | 35.0% | 6.2 L | -10K | 18.2 L |
| 6.3 L | +1.2 L | 7.8 L | 30.2% | ₹1.25 | 151 | ₹5.00 | 36.5% | 98K | 0 | 1.9 L |
| 12.9 L | -20K | 6.7 L | 30.4% | ₹0.99 | 152 | ₹5.74 | 37.6% | 15K | -5K | 29K |
| 8.3 L | -83K | 4.5 L | 31.0% | ₹0.80 | 153 | ₹6.50 | 40.8% | 10K | +5K | 5K |
| 3.5 L | -24K | 4.3 L | 31.6% | ₹0.65 | 154 | ₹7.19 | 39.4% | 5K | 0 | 44K |
| 19.2 L | +1.8 L | 15.5 L | 32.3% | ₹0.53 | 155 | ₹8.15 | 40.4% | 49K | -10K | 2.5 L |
| 3.8 L | +1.1 L | 3.2 L | 32.8% | ₹0.42 | 156 | ₹6.94 | —% | — | — | — |
| 4.4 L | +24K | 1.9 L | 33.7% | ₹0.35 | 157 | ₹12.50 | 74.3% | — | 0 | 63K |
| 4.4 L | -10K | 1.3 L | 35.0% | ₹0.29 | 158 | ₹18.31 | 139.7% | — | 0 | 24K |
| 2.6 L | -5K | 10K | 35.0% | ₹0.25 | 159 | ₹22.20 | 178.9% | — | 0 | 1.1 L |
| 68.2 L | +1.8 L | 11.1 L | 36.9% | ₹0.22 | 160 | ₹12.78 | 48.0% | 83K | -39K | 8.7 L |
| 2.7 L | +15K | 3.2 L | 37.1% | ₹0.17 | 161 | ₹13.28 | —% | — | 0 | 5K |
| 68K | +29K | 1.3 L | 37.7% | ₹0.15 | 162 | ₹15.05 | 43.3% | — | 0 | 5K |
| 6.2 L | -10K | 2.5 L | 38.9% | ₹0.13 | 163 | ₹16.40 | 56.1% | — | 0 | 29K |
| — | — | — | 172.7% | ₹8.34 | 164 | ₹24.50 | 164.8% | — | 0 | 15K |
| 20.1 L | +24K | 13.8 L | 41.3% | ₹0.10 | 165 | ₹17.71 | —% | — | 0 | 4.1 L |
| 4.2 L | 0 | — | 51.9% | ₹0.26 | 166 | ₹12.09 | —% | — | — | — |
| — | — | — | 303.5% | ₹18.23 | 167 | ₹20.38 | 65.1% | — | 0 | 39K |
| 73K | 0 | — | 54.6% | ₹0.23 | 168 | ₹13.31 | —% | — | — | — |
| 1.2 L | 0 | — | 60.8% | ₹0.33 | 169 | ₹3.68 | —% | — | — | — |
| 64.8 L | +20K | 7.6 L | 47.7% | ₹0.07 | 170 | ₹22.50 | 65.0% | 2.8 L | -34K | 10.6 L |
| 10K | 0 | — | 85.8% | ₹1.05 | 171 | ₹4.29 | —% | — | — | — |
| 29K | 0 | — | 58.2% | ₹0.16 | 172 | ₹15.92 | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 173 | ₹31.00 | 160.9% | — | 0 | 20K |
| 15K | 0 | — | 50.4% | ₹0.04 | 174 | ₹36.50 | 223.7% | — | 0 | 5K |
| 5.3 L | 0 | — | 51.8% | ₹0.04 | 175 | ₹27.93 | 82.2% | 10K | -5K | 4.4 L |
| 34K | 0 | — | 57.4% | ₹0.07 | 176 | ₹18.75 | —% | — | — | — |
| 10K | 0 | — | —% | ₹3.28 | 177 | ₹— | —% | — | — | — |
| — | — | — | 154.6% | ₹3.87 | 178 | ₹10.00 | —% | — | 0 | 10K |
| — | — | — | 4.3% | ₹— | 179 | ₹— | —% | — | — | — |
| 11.7 L | -5K | 15K | 56.9% | ₹0.03 | 180 | ₹32.78 | 54.5% | — | 0 | 19.0 L |
| 20K | 0 | — | 125.9% | ₹1.84 | 181 | ₹— | —% | — | — | — |
| 73K | 0 | — | 125.8% | ₹1.73 | 182 | ₹23.35 | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 183 | ₹— | —% | — | — | — |
| 5K | +5K | — | —% | ₹0.75 | 184 | ₹24.96 | —% | — | — | — |
| 2.5 L | 0 | — | 63.8% | ₹0.03 | 185 | ₹43.83 | —% | — | 0 | 10K |
| — | — | — | —% | ₹2.36 | 186 | ₹26.61 | —% | — | — | — |
| — | — | — | —% | ₹2.07 | 188 | ₹11.75 | —% | — | 0 | 5K |
| 7.2 L | -10K | 83K | 67.2% | ₹0.02 | 190 | ₹44.00 | —% | — | 0 | 3.3 L |
| — | — | — | —% | ₹1.59 | 192 | ₹31.75 | —% | — | — | — |
| — | — | — | —% | ₹1.39 | 194 | ₹33.52 | —% | — | — | — |
| 5K | 0 | — | —% | ₹2.07 | 195 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹1.21 | 196 | ₹35.31 | —% | — | — | — |
| 54K | 0 | — | 71.7% | ₹0.01 | 198 | ₹33.64 | —% | — | — | — |
| 4.0 L | 0 | — | —% | ₹0.03 | 200 | ₹52.80 | —% | 10K | -5K | 34K |
| — | — | — | —% | ₹1.54 | 202 | ₹33.03 | —% | — | — | — |
| 1.2 L | 0 | 5K | —% | ₹0.01 | 204 | ₹42.66 | —% | — | — | — |
| — | — | — | —% | ₹1.84 | 206 | ₹32.09 | —% | — | — | — |
| — | — | — | —% | ₹0.51 | 208 | ₹46.42 | —% | — | — | — |
| 1.0 L | 0 | — | —% | ₹0.02 | 210 | ₹73.50 | —% | — | 0 | 5K |
| — | — | — | 8.0% | ₹— | 212 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 214 | ₹— | —% | — | — | — |
| — | — | — | 8.5% | ₹— | 216 | ₹— | —% | — | — | — |
| — | — | — | 8.7% | ₹— | 218 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Immediate resistance forms at ₹160, where call writers have amassed the highest open interest. Strong support anchors at ₹145, backed by substantial put OI buildup, with additional floor tests likely at ₹148–₹149. The implied trading range narrows between ₹145 and ₹160 ahead of expiry.
OI Buildup Activity
Fresh long calls emerge at ₹160, ₹148, and ₹155, signaling aggressive bullish bets despite heavy writer presence at the upper strike. On the put side, ₹145 sees massive OI addition of over 3.5 lakh contracts, reflecting strong defensive positioning by bears. Notably, writers are stacking at ₹148 on both call and put sides, suggesting a short-term neutral trap in play.
Volatility Read
ATM volatility holds at 29.41%, indicating elevated premium pricing and alert risk hedging. The bearish skew confirms traders are prioritizing downside protection, with put spreads likely funding call writes.
Strategy Implication
Bias tilts cautiously bearish with range-bound containment between ₹145 and ₹160, favoring short volatility structures with defined risk.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Indian Oil Corporation Limited today?▾
The strike with highest call (CE) open interest for Indian Oil Corporation Limited is ₹150 for the 2026-04-28 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 Oil Corporation Limited today?▾
The strike with highest put (PE) open interest for Indian Oil Corporation Limited is ₹140 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Indian Oil Corporation Limited options mean?▾
Open Interest (OI) buildup in Indian Oil Corporation Limited 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 Oil Corporation Limited options expire?▾
Indian Oil Corporation Limited options have their nearest expiry on 2026-04-28. 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 Oil Corporation Limited option chain?▾
The Indian Oil Corporation Limited 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.