Indus Towers Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 310 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 320 | ₹— | —% | — | -2K | 54K |
| 12K | +10K | — | —% | ₹— | 330 | ₹— | —% | — | -31K | 78K |
| 10K | 0 | — | —% | ₹— | 335 | ₹— | —% | — | +22K | 53K |
| 0 | 0 | — | —% | ₹— | 340 | ₹— | —% | — | +9K | 7.6 L |
| 0 | 0 | — | —% | ₹— | 345 | ₹— | —% | — | +20K | 70K |
| 0 | 0 | — | —% | ₹— | 350 | ₹— | —% | — | +12K | 10.8 L |
| 0 | 0 | — | —% | ₹— | 355 | ₹— | —% | — | +75K | 1.1 L |
| 5K | -9K | — | —% | ₹— | 360 | ₹— | —% | — | -94K | 24.0 L |
| 9K | 0 | — | —% | ₹— | 365 | ₹— | —% | — | +1.2 L | 2.2 L |
| 4.0 L | +24K | — | —% | ₹— | 370 | ₹— | —% | — | -1.0 L | 12.1 L |
| 1.5 L | +1.4 L | — | —% | ₹— | 375 | ₹— | —% | — | +1.7 L | 2.4 L |
| 22.8 L | +78K | — | —% | ₹— | 380 | ₹— | —% | — | -41K | 6.7 L |
| 7.8 L | +3.6 L | — | —% | ₹— | 385 | ₹— | —% | — | +10K | 2.4 L |
| 18.4 L | +9.7 L | — | —% | ₹— | 390 | ₹— | —% | — | +6.2 L | 9.4 L |
| 3.0 L | +1.9 L | — | —% | ₹— | 395 | ₹— | —% | — | +24K | 36K |
| 37.4 L | -1.8 L | — | —% | ₹— | 400ATM | ₹— | —% | — | -5K | 7.1 L |
| 4.6 L | +1.3 L | — | —% | ₹— | 405 | ₹— | —% | — | 0 | 22K |
| 5.4 L | +14K | — | —% | ₹— | 410 | ₹— | —% | — | 0 | 37K |
| 1.2 L | +24K | — | —% | ₹— | 415 | ₹— | —% | — | 0 | 0 |
| 13.5 L | +68K | — | —% | ₹— | 420 | ₹— | —% | — | 0 | 27K |
| 1.0 L | +12K | — | —% | ₹— | 425 | ₹— | —% | — | 0 | 2K |
| 2.0 L | +7K | — | —% | ₹— | 430 | ₹— | —% | — | +31K | 34K |
| 31K | +10K | — | —% | ₹— | 440 | ₹— | —% | — | 0 | 0 |
| 80K | +9K | — | —% | ₹— | 450 | ₹— | —% | — | +2K | 10K |
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 option‑chain shows a tight concentration of open interest around the ₹390 strike for both calls and puts, indicating that market participants view this level as a pivotal point. Call open interest peaks at ₹390 with 190 contracts, while put open interest likewise peaks at ₹390 with 190 contracts, suggesting a nascent resistance‑support zone. The implied price corridor, derived from the surrounding OI clusters, extends roughly from ₹365 to ₹395, framing the most contested range for the underlying.
OI Buildup Activity
During the latest session, fresh call open interest adds of +9,77,500 contracts accumulate at the ₹390 strike, followed by +3,55,300 at ₹385 and +1,85,300 at ₹395, signaling aggressive positioning by option writers near the upper band of the range. On the put side, the most pronounced additions appear at ₹390 (+6,27,300), ₹375 (+1,66,600) and ₹365 (+1,15,600), reflecting a buildup of downside protection around the lower band. These additions illustrate a balanced influx of new contracts on both sides, reinforcing the identified strike clusters.
Volatility Read
The at‑the‑money implied volatility stands at 26.24%, indicating moderate pricing of forward uncertainty. A bearish skew is evident, with out‑of‑the‑money puts priced comparatively richer than calls, hinting that market participants anticipate a slightly higher probability of downside moves.
Key OI Levels
The strikes with the highest open‑interest concentrations are ₹390 for calls (190 contracts) and ₹390 for puts (190 contracts).