Indian Renewable Energy Development Agency Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 36K | 0 | — | —% | ₹— | 95 | ₹— | —% | — | -59K | 6.5 L |
| 68K | -5K | — | —% | ₹— | 100 | ₹— | —% | — | -68K | 41.0 L |
| 0 | 0 | — | —% | ₹— | 102.5 | ₹— | —% | — | -9K | 4.1 L |
| 2.8 L | -5K | — | —% | ₹— | 105 | ₹— | —% | — | -2.4 L | 24.9 L |
| 3.5 L | +18K | — | —% | ₹— | 107.5 | ₹— | —% | — | +1.9 L | 14.7 L |
| 29.8 L | -2.8 L | — | —% | ₹— | 110 | ₹— | —% | — | -4.9 L | 44.5 L |
| 26.6 L | -4.9 L | — | —% | ₹— | 112.5 | ₹— | —% | — | +95K | 18.6 L |
| 67.9 L | -5.3 L | — | —% | ₹— | 115 | ₹— | —% | — | -14K | 35.3 L |
| 33.8 L | -2.4 L | — | —% | ₹— | 117.5 | ₹— | —% | — | -23K | 7.9 L |
| 1.70 Cr | -19.0 L | — | —% | ₹— | 120ATM | ₹— | —% | — | -86K | 30.7 L |
| 19.0 L | +1.4 L | — | —% | ₹— | 122.5 | ₹— | —% | — | 0 | 91K |
| 43.9 L | -5K | — | —% | ₹— | 125 | ₹— | —% | — | 0 | 6.5 L |
| 0 | 0 | — | —% | ₹— | 127.5 | ₹— | —% | — | 0 | 32K |
| 45.6 L | +100K | — | —% | ₹— | 130 | ₹— | —% | — | 0 | 9.2 L |
| 1.9 L | +5K | — | —% | ₹— | 132.5 | ₹— | —% | — | 0 | 50K |
| 1.9 L | -9K | — | —% | ₹— | 135 | ₹— | —% | — | -5K | 4.4 L |
| 4.7 L | -5K | — | —% | ₹— | 140 | ₹— | —% | — | 0 | 7.9 L |
| 12.4 L | -14K | — | —% | ₹— | 145 | ₹— | —% | — | -5K | 17.8 L |
| — | — | — | —% | ₹— | 150 | ₹— | —% | — | 0 | 16.6 L |
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 cluster is tight around the ₹110 strike (45,47,625 PE) and the ₹100 strike (72,400 CE), framing a support‑resistance band of roughly ₹105‑₹115. The ATM spot of ₹113.64 sits comfortably within this range, indicating that the market’s view of likely price movement is bounded by these levels. Consequently, the implied price corridor suggested by the OI concentration spans roughly ₹106 to ₹118.
OI Buildup Activity
On the call side, fresh OI adds are evident at ₹122.5 (+1,49,325 CE), ₹130 (+99,550 CE) and ₹107.5 (+13,575 CE), pointing to writers seeking premium at higher strikes while still adding modest exposure near the current price. On the put side, notable OI inflows appear at ₹107.5 (+1,85,525 PE) and ₹112.5 (+90,500 PE), reflecting increased protection below the spot and a modest hedge just above it. The distribution of these additions suggests that market participants are positioning for a bounded move rather than a directional breakout.
Volatility Read
The at‑the‑money implied volatility stands at 14.04 %, modest in the context of Indian equity options, indicating relatively calm expectations for near‑term price swings. The skew is bearish, signaling that out‑of‑the‑money puts are priced higher than comparable calls, a typical pattern when downside risk is perceived as greater than upside upside.
Key OI Levels
The largest call OI sits at the ₹100 strike, while the largest put OI concentrates at the ₹110 strike.