ITC Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
9.96 Cr
Total PE OI
5.04 Cr
PCR
0.51
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 155 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 160 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 165 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 12.9% | — | — | — |
| — | — | — | —% | ₹— | 175 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 185 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 195 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 202.5 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 205 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 207.5 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 210 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 212.5 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 215 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 217.5 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 220 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 222.5 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 225 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 227.5 | ₹— | 6.5% | — | — | — |
| 5K | 0 | — | —% | ₹65.00 | 230 | ₹0.05 | —% | 14K | -2K | 78K |
| — | — | — | —% | ₹— | 232.5 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹82.30 | 235 | ₹0.05 | 72.3% | — | — | — |
| — | — | — | —% | ₹— | 237.5 | ₹— | 5.6% | — | — | — |
| — | — | — | —% | ₹77.40 | 240 | ₹0.05 | 67.8% | 11K | 0 | 1.6 L |
| — | — | — | —% | ₹— | 242.5 | ₹— | 5.1% | — | — | — |
| — | — | — | —% | ₹72.50 | 245 | ₹0.10 | 67.4% | — | 0 | 6K |
| — | — | — | —% | ₹— | 247.5 | ₹— | 4.7% | — | — | — |
| 24K | 0 | 3K | —% | ₹56.50 | 250 | ₹0.05 | 58.1% | 2.2 L | -80K | 8.4 L |
| — | — | — | —% | ₹— | 252.5 | ₹— | 4.2% | — | — | — |
| 2K | 0 | — | 74.1% | ₹44.00 | 255 | ₹0.35 | 68.5% | — | — | — |
| — | — | — | —% | ₹69.05 | 257.5 | ₹0.10 | 53.8% | — | — | — |
| 3K | 0 | — | —% | ₹38.05 | 260 | ₹0.05 | 48.2% | 4.0 L | -46K | 14.5 L |
| — | — | — | —% | ₹64.20 | 262.5 | ₹0.05 | 45.6% | 1.4 L | -1.0 L | 1.7 L |
| — | — | — | 176.8% | ₹53.40 | 265 | ₹0.05 | 43.0% | 74K | -6K | 24.4 L |
| — | — | — | 229.2% | ₹59.35 | 267.5 | ₹0.05 | 40.6% | 96K | -70K | 10.9 L |
| 3.3 L | 0 | — | —% | ₹35.00 | 270 | ₹0.05 | 38.3% | 1.9 L | -78K | 14.0 L |
| — | — | — | 217.1% | ₹54.60 | 272.5 | ₹0.15 | 40.4% | — | 0 | 1.8 L |
| 1.8 L | 0 | — | 58.9% | ₹31.80 | 275 | ₹0.15 | 38.8% | 75K | +51K | 18.1 L |
| — | — | — | 205.3% | ₹49.90 | 277.5 | ₹0.20 | 36.7% | — | 0 | 4.9 L |
| 5.1 L | 0 | 2K | —% | ₹25.25 | 280 | ₹0.20 | 35.0% | 11.0 L | +3.9 L | 43.2 L |
| — | — | — | 194.0% | ₹45.30 | 282.5 | ₹0.20 | 32.0% | 10K | -5K | 5.1 L |
| 8.3 L | 0 | 2K | —% | ₹21.00 | 285 | ₹0.25 | 30.6% | 2.7 L | +1.1 L | 13.7 L |
| 5.1 L | 0 | — | —% | ₹16.50 | 287.5 | ₹0.30 | 28.6% | 8K | +2K | 8.2 L |
| 17.2 L | -50K | 90K | 19.3% | ₹16.35 | 290 | ₹0.35 | 26.4% | 20.0 L | +50K | 36.0 L |
| 10.0 L | 0 | — | —% | ₹13.00 | 292.5 | ₹0.50 | 24.2% | 29K | -8K | 9.7 L |
| — | — | — | —% | ₹— | 293.5 | ₹0.45 | 23.3% | 78K | +18K | 4.6 L |
| 18.4 L | -22K | 96K | 19.3% | ₹11.65 | 295 | ₹0.55 | 22.6% | 22.2 L | -34K | 24.0 L |
| 10.3 L | -2K | 6K | 17.7% | ₹9.25 | 297.5 | ₹0.70 | 20.5% | 4.9 L | +90K | 18.2 L |
| 2.09 Cr | +6K | 12.4 L | 16.9% | ₹7.15 | 300ATM | ₹1.05 | 19.4% | 41.5 L | -26K | 49.0 L |
| 39.0 L | -13K | 11.4 L | 17.5% | ₹5.35 | 302.5 | ₹1.70 | 19.2% | 19.0 L | +1.7 L | 17.6 L |
| 12.6 L | +1.2 L | 11.6 L | 18.2% | ₹4.70 | 303.5 | ₹2.05 | 18.9% | 16.1 L | +2.3 L | 13.2 L |
| 1.23 Cr | -3.4 L | 1.11 Cr | 18.3% | ₹3.80 | 305 | ₹2.70 | 19.2% | 55.4 L | -3.9 L | 23.8 L |
| 32.7 L | +2.7 L | 39.9 L | 18.6% | ₹2.70 | 307.5 | ₹4.00 | 19.8% | 10.7 L | +2.2 L | 10.0 L |
| 1.69 Cr | -5.2 L | 1.25 Cr | 19.4% | ₹1.85 | 310 | ₹5.70 | 20.9% | 9.0 L | +78K | 27.8 L |
| 15.5 L | -53K | 28.0 L | 20.3% | ₹1.30 | 312.5 | ₹7.60 | 21.9% | 3.6 L | +5K | 6.5 L |
| 6.8 L | -14K | 3.5 L | 20.4% | ₹1.10 | 313.5 | ₹— | —% | — | — | — |
| 34.8 L | -4.0 L | 41.7 L | 21.4% | ₹0.90 | 315 | ₹9.75 | 22.9% | 1.9 L | -61K | 5.7 L |
| 10.0 L | -3K | 4.6 L | 21.7% | ₹0.60 | 317.5 | ₹12.05 | 25.3% | 13K | -8K | 77K |
| 5.2 L | -6K | 67K | 22.2% | ₹0.55 | 318.5 | ₹— | —% | — | — | — |
| 63.5 L | -3.0 L | 33.4 L | 23.8% | ₹0.50 | 320 | ₹14.30 | 24.7% | 1.2 L | -67K | 14.9 L |
| 5.1 L | -66K | 1.4 L | 25.0% | ₹0.35 | 322.5 | ₹16.55 | —% | — | 0 | 82K |
| 26.8 L | +2.0 L | 13.2 L | 26.7% | ₹0.30 | 325 | ₹18.75 | 28.1% | 8K | -5K | 9.5 L |
| 2.1 L | 0 | 10K | 27.1% | ₹0.20 | 327.5 | ₹19.45 | —% | — | 0 | 27K |
| 45.8 L | +3.2 L | 44.2 L | 28.0% | ₹0.15 | 330 | ₹24.60 | 36.3% | 2K | 0 | 10.0 L |
| 94K | +5K | 10K | 29.8% | ₹0.15 | 332.5 | ₹21.00 | —% | — | 0 | 2K |
| 77K | 0 | 3K | 30.8% | ₹0.15 | 333.5 | ₹25.20 | —% | — | 0 | 45K |
| 5.9 L | -1.9 L | 3.4 L | 30.6% | ₹0.10 | 335 | ₹27.20 | —% | — | 0 | 1.8 L |
| 2.3 L | +2K | 56K | 33.1% | ₹0.10 | 337.5 | ₹27.20 | —% | — | 0 | 10K |
| 23.0 L | +3.5 L | 9.0 L | 35.0% | ₹0.10 | 340 | ₹33.80 | 36.4% | 21K | -16K | 8.6 L |
| — | — | — | 112.1% | ₹7.30 | 342.5 | ₹36.50 | 49.3% | 2K | 0 | 24K |
| 1.7 L | -2K | 21K | 34.4% | ₹0.05 | 343.5 | ₹— | —% | — | — | — |
| 54K | -6K | 14K | 38.9% | ₹0.10 | 345 | ₹39.50 | 53.2% | 5K | 0 | 1.3 L |
| — | — | — | 109.2% | ₹5.90 | 347.5 | ₹55.05 | 159.2% | — | 0 | 2K |
| 12.6 L | -93K | 4.1 L | 39.1% | ₹0.05 | 350 | ₹43.70 | 47.6% | 51K | -43K | 11.0 L |
| — | — | — | 106.4% | ₹4.70 | 352.5 | ₹29.70 | —% | — | — | — |
| 35K | 0 | 3K | 41.5% | ₹0.05 | 353.5 | ₹— | —% | — | — | — |
| 37K | -11K | 21K | 42.8% | ₹0.05 | 355 | ₹55.05 | 118.4% | — | 0 | 80K |
| — | — | — | 3.5% | ₹— | 357.5 | ₹— | —% | — | — | — |
| 6.8 L | -3.3 L | 5.0 L | 45.9% | ₹0.05 | 360 | ₹54.00 | 52.4% | 6K | -5K | 4.2 L |
| — | — | — | 3.8% | ₹— | 362.5 | ₹— | —% | — | — | — |
| 13K | 0 | — | 49.8% | ₹0.05 | 365 | ₹57.15 | —% | — | 0 | 1.4 L |
| — | — | — | 4.1% | ₹— | 367.5 | ₹— | —% | — | — | — |
| 86K | 0 | 2K | 53.1% | ₹0.05 | 370 | ₹64.00 | 75.0% | 2K | 0 | 1.5 L |
| — | — | — | 4.4% | ₹— | 372.5 | ₹— | —% | — | — | — |
| — | — | — | 94.3% | ₹1.30 | 375 | ₹69.30 | 70.3% | 21K | -6K | 53K |
| — | — | — | 4.7% | ₹— | 377.5 | ₹— | —% | — | — | — |
| 60.1 L | +5K | 19.2 L | 59.9% | ₹0.05 | 380 | ₹73.75 | 69.1% | 77K | -16K | 3.9 L |
| — | — | — | 5.0% | ₹— | 382.5 | ₹— | —% | — | — | — |
| — | — | — | 93.6% | ₹0.80 | 385 | ₹66.40 | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 387.5 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹0.60 | 390 | ₹84.00 | 86.4% | 58K | -53K | 14.6 L |
| — | — | — | 5.5% | ₹— | 392.5 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 395 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 397.5 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 400 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 405 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 410 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 415 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 420 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 425 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 430 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 435 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 440 | ₹— | —% | — | — | — |
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
Strong support emerges at ₹155, anchored by peak put open interest, though current price action remains well above this level. Immediate resistance clusters at ₹340 and ₹330, where call writers have established dominant positions. The implied range, based on OI concentrations, suggests price containment between ₹280 and ₹340 over the medium term.
OI Buildup Activity
Fresh longs are building aggressively in calls at ₹340 (+3.47 lakh) and ₹330 (+3.18 lakh), signaling bullish conviction targeting upper breakout. Call writers are actively defending ₹340, suggesting limited upside appetite beyond this zone. On the put side, strong OI accumulation at ₹280 (+3.87 lakh) and fresh positions at ₹303.5 and ₹307.5 indicate put writers are anchoring downside protection nearer to spot.
Volatility Read
ATM IV at 18.76% reflects subdued near-term volatility expectations. The bearish skew highlights elevated demand for downside hedges, particularly through puts near ₹303.5 and ₹280.
Strategy Implication
Bias leans directionally cautious with a skew toward long call structures capped at ₹340, as writers limit runaway moves.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for ITC Limited today?▾
The strike with highest call (CE) open interest for ITC Limited is ₹300 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 ITC Limited today?▾
The strike with highest put (PE) open interest for ITC Limited is ₹300 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 ITC Limited options mean?▾
Open Interest (OI) buildup in ITC 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 ITC Limited options expire?▾
ITC 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 ITC Limited option chain?▾
The ITC 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.