IndusInd Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 420 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 550 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 570 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 610 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹268.10 | 640 | ₹0.05 | 73.5% | 13K | -4K | 60K |
| — | — | — | —% | ₹274.45 | 650 | ₹0.10 | 72.1% | — | 0 | 46K |
| 81K | 0 | — | —% | ₹190.90 | 660 | ₹0.10 | 71.2% | 9K | -4K | 2.5 L |
| — | — | — | —% | ₹270.30 | 670 | ₹8.40 | —% | — | 0 | 15K |
| — | — | — | —% | ₹232.05 | 680 | ₹0.35 | 74.7% | 10K | 0 | 25K |
| — | — | — | —% | ₹251.20 | 690 | ₹0.40 | 68.4% | — | 0 | 21K |
| 1.1 L | -1K | 2K | —% | ₹164.95 | 700 | ₹0.25 | 63.6% | 27K | -10K | 1.2 L |
| — | — | — | —% | ₹232.45 | 710 | ₹1.40 | 74.2% | — | 0 | 47K |
| 40K | 0 | — | —% | ₹121.30 | 720 | ₹0.50 | 61.6% | 8K | -7K | 98K |
| 24K | 0 | — | 73.7% | ₹126.00 | 730 | ₹0.90 | 59.7% | — | 0 | 44K |
| 51K | 0 | — | —% | ₹107.75 | 740 | ₹0.85 | 58.4% | 6K | -4K | 88K |
| 1.3 L | 0 | — | —% | ₹102.40 | 750 | ₹1.20 | 57.5% | 1.3 L | -7K | 2.3 L |
| 1.3 L | -4K | 5K | —% | ₹105.20 | 760 | ₹1.55 | 55.9% | 43K | -12K | 2.4 L |
| 1.5 L | 0 | — | —% | ₹88.20 | 770 | ₹1.95 | 53.8% | 83K | -29K | 2.8 L |
| 2.7 L | 0 | 700 | —% | ₹83.00 | 780 | ₹2.50 | 52.3% | 45K | -14K | 2.8 L |
| 93K | -4K | 7K | 29.9% | ₹71.10 | 790 | ₹3.20 | 50.7% | 40K | -16K | 1.2 L |
| 4.7 L | -12K | 24K | 40.9% | ₹64.00 | 800 | ₹4.55 | 50.0% | 2.4 L | -60K | 7.0 L |
| 1.2 L | -3K | 4K | 36.8% | ₹53.40 | 810 | ₹5.90 | 48.6% | 78K | -11K | 1.8 L |
| 3.3 L | -6K | 15K | 37.6% | ₹45.20 | 820 | ₹7.70 | 47.4% | 1.7 L | +34K | 4.0 L |
| 4.6 L | -6K | 20K | 38.0% | ₹37.55 | 830 | ₹10.00 | 46.4% | 2.5 L | +7K | 2.5 L |
| 3.2 L | -25K | 1.4 L | 38.0% | ₹30.65 | 840 | ₹12.85 | 45.5% | 2.2 L | -13K | 4.4 L |
| 11.1 L | 0 | 10.2 L | 37.7% | ₹24.15 | 850 | ₹16.60 | 44.9% | 5.4 L | -11K | 5.1 L |
| 6.1 L | +63K | 13.8 L | 37.8% | ₹18.80 | 860 | ₹21.15 | 44.6% | 3.4 L | -12K | 1.4 L |
| 2.6 L | +26K | 4.9 L | 37.5% | ₹14.10 | 870 | ₹25.90 | 43.7% | 69K | +13K | 1.1 L |
| 3.7 L | +25K | 3.2 L | 37.2% | ₹10.30 | 880 | ₹32.65 | 44.5% | 50K | +10K | 67K |
| 1.8 L | +7K | 1.1 L | 37.1% | ₹7.35 | 890 | ₹37.10 | 40.7% | 4K | -1K | 48K |
| 11.6 L | -15K | 5.8 L | 37.1% | ₹5.15 | 900ATM | ₹45.70 | 42.8% | 23K | +6K | 4.7 L |
| 3.4 L | -1K | 1.3 L | 37.3% | ₹3.55 | 910 | ₹73.90 | 78.8% | — | 0 | 22K |
| 1.9 L | +39K | 2.0 L | 37.8% | ₹2.50 | 920 | ₹89.25 | 97.4% | — | 0 | 3K |
| 75K | 0 | 18K | 38.2% | ₹1.80 | 930 | ₹83.40 | 82.2% | — | 0 | 22K |
| 1.1 L | +7K | 84K | 39.0% | ₹1.20 | 940 | ₹90.70 | 58.1% | — | 0 | 11K |
| 1.4 L | -18K | 40K | 40.9% | ₹1.00 | 950 | ₹102.00 | 67.4% | — | 0 | 68K |
| 11K | +700 | 1K | 40.2% | ₹0.75 | 960 | ₹192.00 | 257.1% | — | 0 | 2K |
| 3K | 0 | — | 42.3% | ₹0.35 | 970 | ₹79.45 | —% | — | — | — |
| 2K | 0 | — | 98.6% | ₹11.25 | 980 | ₹128.65 | 65.0% | — | +700 | 700 |
| — | — | — | 186.6% | ₹44.45 | 990 | ₹91.75 | —% | — | — | — |
| 1.7 L | +2K | 25K | 49.8% | ₹0.40 | 1,000 | ₹161.40 | 120.1% | — | 0 | 3K |
| 5K | 0 | — | 62.7% | ₹1.00 | 1,010 | ₹104.95 | —% | — | — | — |
| 15K | 0 | — | 52.1% | ₹0.20 | 1,020 | ₹147.60 | —% | — | — | — |
| 700 | 0 | — | 122.4% | ₹11.95 | 1,030 | ₹118.95 | —% | — | — | — |
| 13K | 0 | — | 60.0% | ₹0.30 | 1,040 | ₹162.55 | —% | — | — | — |
| 8K | 0 | — | 57.4% | ₹0.15 | 1,050 | ₹— | —% | — | — | — |
| 11K | 0 | — | 57.1% | ₹0.10 | 1,060 | ₹197.00 | 74.7% | 700 | 0 | 3K |
| — | — | — | 5.0% | ₹— | 1,070 | ₹— | —% | — | — | — |
| 27K | 0 | — | 57.4% | ₹0.05 | 1,080 | ₹238.25 | —% | — | 0 | 6K |
| — | — | — | 5.4% | ₹— | 1,090 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,100 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,120 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 1,140 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,160 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 1,180 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 1,200 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 1,220 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Strong resistance forms at ₹1,000, where call OI peaks, capping upside momentum. Immediate support clusters at ₹820, backed by fresh put OI buildup, while the ₹1,000 put shows minimal OI, reinforcing floor strength. The implied range trades between ₹820 and ₹1,000, with ₹860–₹880 acting as the near-term pivot zone.
OI Buildup Activity
Writers add fresh short positions at ₹860 CE (+47,600) and ₹920 CE (+39,900), signaling confidence in controlled rallies. On the put side, longs accumulate at ₹820 (+33,600), suggesting aggressive positioning below spot. Notably, OI increases at ₹870 in both calls and puts, revealing two-way interest and potential strangle activity.
Volatility Read
ATM IV holds at elevated 37.74%, reflecting sustained premium demand and hedging flow. The bearish skew indicates higher put demand relative to calls, with downside protection favored despite spot strength.
Strategy Implication
Bias leans cautiously bearish above ₹870, with writers defending ₹860–₹920 and longs stacking support at ₹820.