JINDAL STEEL LIMITED Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 840 | ₹— | —% | — | +625 | 1K |
| 0 | 0 | — | —% | ₹— | 860 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 24K |
| 0 | 0 | — | —% | ₹— | 900 | ₹— | —% | — | +4K | 1.1 L |
| 0 | 0 | — | —% | ₹— | 920 | ₹— | —% | — | +6K | 36K |
| 625 | 0 | — | —% | ₹— | 940 | ₹— | —% | — | -3K | 98K |
| 0 | 0 | — | —% | ₹— | 960 | ₹— | —% | — | +31K | 54K |
| 0 | 0 | — | —% | ₹— | 980 | ₹— | —% | — | +18K | 50K |
| 27K | -1K | — | —% | ₹— | 1,000 | ₹— | —% | — | -4K | 1.2 L |
| 1.4 L | +29K | — | —% | ₹— | 1,020 | ₹— | —% | — | +26K | 1.4 L |
| 2.0 L | -11K | — | —% | ₹— | 1,040 | ₹— | —% | — | +34K | 2.0 L |
| 2.3 L | +53K | — | —% | ₹— | 1,060 | ₹— | —% | — | +39K | 1.7 L |
| 91K | +17K | — | —% | ₹— | 1,080 | ₹— | —% | — | +4K | 24K |
| 3.4 L | +54K | — | —% | ₹— | 1,100ATM | ₹— | —% | — | -6K | 3.0 L |
| 1.5 L | +53K | — | —% | ₹— | 1,120 | ₹— | —% | — | -625 | 4K |
| 1.2 L | +46K | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 4K |
| 1.7 L | +1.7 L | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 15K |
| 63K | +41K | — | —% | ₹— | 1,180 | ₹— | —% | — | 0 | 1K |
| 1.9 L | +625 | — | —% | ₹— | 1,200 | ₹— | —% | — | 0 | 4.4 L |
| 1K | 0 | — | —% | ₹— | 1,220 | ₹— | —% | — | 0 | 625 |
| 13K | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 0 |
| 6K | 0 | — | —% | ₹— | 1,260 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 8K |
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 pronounced open‑interest concentration around the 1100‑strike Call (3,41,875 contracts) and the 1200‑strike Put (4,36,875 contracts), marking the primary resistance and support zones respectively. These levels bracket an implied price corridor of roughly ₹1,040 to ₹1,160, which aligns with the current spot of ₹1,048.1 and suggests limited upside beyond the 1100 Call unless a breakout occurs, and a potential testing of the 1,160 ceiling. The neutral skew and ATM IV of 26.96% reinforce a view that market participants anticipate modest moves within this band through the November expiry, while implied volatility expectations remain anchored around level.
OI Buildup Activity
Fresh open‑interest additions are evident at the 1160 Call (+1,65,625 contracts) and the 1100 Call (+54,375), indicating that writers are fortifying the upper resistance zone. On the Put side, significant buildups appear at the 1060 strike (+38,750) and the 1040 strike (+34,375), reflecting defensive positioning near the lower support tier. An additional 31,250 contracts accrue at the 960 Put, further concentrating OI below the current price and hinting at a protective hedge for market makers.
Volatility Read
The at‑the‑money implied volatility stands at 26.96%, a level consistent with the stock’s historical range and indicating moderate premium pricing. Skew remains neutral, showing no pronounced bias toward either calls or puts across the near‑term expiries.
Key OI Levels
The largest concentration of open interest resides at the 1100 Call (3,41,875 contracts) and the 1200 Put (4,36,875 contracts).