JSW Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 360 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 380 | ₹— | —% | — | +3K | 3K |
| 0 | 0 | — | —% | ₹— | 390 | ₹— | —% | — | 0 | 0 |
| 9K | 0 | — | —% | ₹— | 400 | ₹— | —% | — | +17K | 1.0 L |
| 0 | 0 | — | —% | ₹— | 410 | ₹— | —% | — | +27K | 41K |
| 1K | 0 | — | —% | ₹— | 420 | ₹— | —% | — | +99K | 2.5 L |
| 0 | 0 | — | —% | ₹— | 430 | ₹— | —% | — | +1.3 L | 1.7 L |
| 18K | 0 | — | —% | ₹— | 440 | ₹— | —% | — | +51K | 2.8 L |
| 1.4 L | +5K | — | —% | ₹— | 450 | ₹— | —% | — | +1.5 L | 4.0 L |
| 2.5 L | +20K | — | —% | ₹— | 460 | ₹— | —% | — | +2.7 L | 8.5 L |
| 7.5 L | +2.9 L | — | —% | ₹— | 470ATM | ₹— | —% | — | +4.1 L | 8.2 L |
| 5.7 L | +2.4 L | — | —% | ₹— | 480 | ₹— | —% | — | +2.6 L | 2.9 L |
| 4.3 L | +4.2 L | — | —% | ₹— | 490 | ₹— | —% | — | +17K | 19K |
| 11.3 L | +5.8 L | — | —% | ₹— | 500 | ₹— | —% | — | +3K | 67K |
| 4.4 L | +3.8 L | — | —% | ₹— | 510 | ₹— | —% | — | 0 | 2K |
| 6.2 L | +3.1 L | — | —% | ₹— | 520 | ₹— | —% | — | -2K | 6.7 L |
| 2.1 L | +1.7 L | — | —% | ₹— | 530 | ₹— | —% | — | 0 | 0 |
| 1.3 L | +1.2 L | — | —% | ₹— | 540 | ₹— | —% | — | +1.1 L | 1.2 L |
| 2.8 L | +2.0 L | — | —% | ₹— | 550 | ₹— | —% | — | 0 | 20K |
| 88K | +51K | — | —% | ₹— | 560 | ₹— | —% | — | 0 | 18K |
| 6.1 L | +31K | — | —% | ₹— | 580 | ₹— | —% | — | 0 | 6.3 L |
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 200‑contract open interest (OI) cluster at the 500‑strike call and the 470‑strike put each sit at 200 contracts, acting as immediate resistance and support respectively for the upcoming expiry in the market. Combined with the adjacent strikes, the market‑implied price corridor stretches roughly from ₹460 to ₹510, framing the near‑term directional bias and slight skew towards the higher strikes. This range aligns closely with the current spot of ₹483, indicating that traders anticipate limited deviation beyond the tight band.
OI Buildup Activity
Fresh open interest adds show a net inflow of 5‑contract blocks at the 500‑call, 4‑contract blocks at the 490‑call and 3‑contract blocks at the 510‑call, totaling roughly 1,25,700 contracts. On the put side, the 470‑strike absorbs about 4‑contract blocks, the 460‑strike another 2‑contract blocks, and the 480‑strike adds roughly 2‑contract blocks, together adding close to 9,00,000 contracts. The concentration of fresh OI at these strikes suggests that option writers are reinforcing positions near the current market price, seeking premium capture while hedging against modest moves.
Volatility Read
The at‑the‑money implied volatility stands at 36.37%, reflecting a moderate premium level consistent with the defined price corridor and aligns with historical volatility patterns for sector. The volatility skew is neutral, indicating roughly equal pricing pressure for calls and puts across the nearby strikes.
Key OI Levels
The highest call OI of 200 contracts resides at the 500‑strike, while the highest put OI of 200 contracts is at the 470‑strike.