JINDAL STEEL LIMITED Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | 0 | — | —% | ₹— | 960 | ₹— | —% | — | 0 | 6K |
| — | — | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 2K |
| 4K | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | +1K | 46K |
| 0 | 0 | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 7K |
| 6K | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 82K |
| 2K | +2K | — | —% | ₹— | 1,060 | ₹— | —% | — | +1K | 74K |
| 6K | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | -14K | 6.8 L |
| 79K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +97K | 6.1 L |
| 90K | +10K | — | —% | ₹— | 1,120 | ₹— | —% | — | +7K | 3.3 L |
| 2.3 L | -17K | — | —% | ₹— | 1,140ATM | ₹— | —% | — | -63K | 8.2 L |
| 4.2 L | -53K | — | —% | ₹— | 1,160 | ₹— | —% | — | +3.5 L | 6.1 L |
| 6.8 L | -47K | — | —% | ₹— | 1,180 | ₹— | —% | — | +19K | 2.3 L |
| 5.2 L | -20K | — | —% | ₹— | 1,200 | ₹— | —% | — | +7K | 2.9 L |
| 1.7 L | +4K | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 17K |
| 7.0 L | +15K | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 24K |
| 1.3 L | +16K | — | —% | ₹— | 1,260 | ₹— | —% | — | +2K | 3K |
| 1.3 L | -19K | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 9K |
| 6.5 L | -1K | — | —% | ₹— | 1,300 | ₹— | —% | — | 0 | 7K |
| 1.4 L | -9K | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 0 |
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 (OI) pile‑up is centred around the 1,240 ₹ call and the 1,140 ₹ put strikes, anchoring the market’s implied price corridor. These two strikes together hold roughly 1.78 million contracts, forming a strong resistance band at 1,240 ₹ and a support plateau at 1,140 ₹. The spacing of the next‑most‑concentrated strikes (1,2260 ₹ call and 1,1160 ₹ put) suggests a fairly tight one‑month range of about ₹100, with limited liquidity beyond the 1,260 ₹ call and 1,110 ₹ put levels.
OI Buildup Activity
During the latest session the 1,240 ₹ call accumulated an additional 15,000 contracts, while the 1,260 ₹ call saw a similar increase, indicating fresh positioning by bullish writers near the upper resistance. On the downside, the 1,160 ₹ put gained 347,500 contracts, the 1,100 ₹ put added 96,875 contracts, and the 1,140 ₹ put increased by 80,000 contracts, reflecting defensive buildup around the support zone. The pattern of simultaneous OI inflows on both sides points to market participants hedging rather than taking directional bets.
Volatility Read
The at‑the‑money implied volatility stands at 20.34 %, a level that is moderate for this equity and consistent with the observed OI concentration. The volatility skew is neutral, showing no pronounced bias toward calls or puts across the nearby strikes.
Key OI Levels
The highest call OI resides at the 1,240 ₹ strike (7,01,875 contracts) and the highest put OI at the 1,140 ₹ strike (9,62,500 contracts).