JSW Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 240 | ₹— | 18.1% | — | — | — |
| — | — | — | —% | ₹— | 250 | ₹— | 17.1% | — | — | — |
| — | — | — | —% | ₹— | 260 | ₹— | 16.3% | — | — | — |
| — | — | — | —% | ₹— | 270 | ₹— | 15.4% | — | — | — |
| — | — | — | —% | ₹— | 280 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 290 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 335 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 345 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 355 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹92.55 | 360 | ₹7.00 | —% | — | — | — |
| — | — | — | —% | ₹— | 365 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 375 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹77.25 | 380 | ₹11.35 | —% | — | — | — |
| — | — | — | —% | ₹— | 385 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹70.15 | 390 | ₹14.10 | —% | — | — | — |
| — | — | — | —% | ₹— | 395 | ₹— | 7.1% | — | — | — |
| 3K | 0 | — | —% | ₹123.95 | 400 | ₹0.10 | —% | 11K | -6K | 57K |
| — | — | — | —% | ₹— | 405 | ₹— | 6.5% | — | — | — |
| 6K | 0 | — | —% | ₹126.25 | 410 | ₹20.80 | —% | — | — | — |
| — | — | — | —% | ₹86.40 | 415 | ₹6.40 | —% | — | — | — |
| 5K | 0 | — | —% | ₹117.00 | 420 | ₹0.40 | —% | — | 0 | 17K |
| 4K | 0 | — | —% | ₹66.40 | 425 | ₹8.35 | —% | — | — | — |
| 12K | 0 | — | —% | ₹107.40 | 430 | ₹0.25 | 74.5% | — | 0 | 1.5 L |
| 5K | 0 | — | —% | ₹102.15 | 435 | ₹2.05 | —% | — | 0 | 3K |
| 3K | 0 | — | —% | ₹97.50 | 440 | ₹0.25 | 72.9% | 11K | +4K | 28K |
| 6K | 0 | — | —% | ₹92.30 | 445 | ₹0.35 | 74.2% | 6K | -1K | 1K |
| 86K | 0 | 1K | —% | ₹105.80 | 450 | ₹0.25 | 66.2% | 43K | -3K | 86K |
| 5K | 0 | — | —% | ₹82.40 | 455 | ₹1.05 | 74.8% | — | 0 | 16K |
| 12K | 0 | — | —% | ₹78.55 | 460 | ₹0.20 | 59.2% | 17K | -11K | 1.3 L |
| 1K | 0 | — | —% | ₹67.15 | 465 | ₹0.50 | 64.3% | 8K | 0 | 54K |
| 76K | 0 | — | —% | ₹58.05 | 470 | ₹0.55 | 60.6% | 14K | -4K | 1.2 L |
| 30K | 0 | — | —% | ₹56.30 | 475 | ₹0.75 | 55.9% | — | 0 | 96K |
| 2.4 L | -13K | 23K | —% | ₹68.05 | 480 | ₹0.70 | 58.2% | 10K | -3K | 3.8 L |
| 86K | 0 | — | 65.1% | ₹61.55 | 485 | ₹0.60 | 53.3% | 4K | -3K | 1.3 L |
| 1.5 L | -3K | 12K | —% | ₹58.00 | 490 | ₹0.70 | 50.4% | 1.2 L | -27K | 2.3 L |
| 1.0 L | 0 | — | —% | ₹42.45 | 495 | ₹1.10 | 49.6% | — | 0 | 1.1 L |
| 6.8 L | -46K | 76K | —% | ₹49.10 | 500 | ₹0.95 | 44.2% | 3.7 L | +52K | 5.4 L |
| 2.2 L | 0 | — | —% | ₹34.75 | 505 | ₹1.50 | 41.1% | — | 0 | 83K |
| 3.1 L | -6K | 30K | —% | ₹43.55 | 510 | ₹1.35 | 40.2% | 1.3 L | +24K | 3.2 L |
| 94K | +4K | 13K | —% | ₹37.60 | 515 | ₹1.60 | 38.0% | 60K | +4K | 1.0 L |
| 3.6 L | -2K | 59K | 27.2% | ₹30.00 | 520 | ₹2.15 | 37.0% | 5.1 L | +84K | 5.5 L |
| 45K | -7K | 29K | 28.9% | ₹26.70 | 525 | ₹2.80 | 36.7% | 3.0 L | +74K | 2.2 L |
| 8.1 L | -23K | 2.4 L | 27.4% | ₹22.10 | 530ATM | ₹3.95 | 36.2% | 5.4 L | +23K | 7.5 L |
| 67K | -48K | 99K | 31.9% | ₹18.20 | 535 | ₹5.30 | 36.0% | 1.7 L | -11K | 97K |
| 2.9 L | -1.2 L | 9.7 L | 31.5% | ₹15.05 | 540 | ₹7.15 | 36.5% | 5.5 L | -9K | 1.9 L |
| 1.1 L | -11K | 3.0 L | 32.2% | ₹12.50 | 545 | ₹9.30 | 36.8% | 3.5 L | +41K | 1.3 L |
| 9.1 L | +1.9 L | 37.6 L | 33.5% | ₹10.25 | 550 | ₹11.90 | 38.9% | 5.8 L | +97K | 2.2 L |
| 6.5 L | +4.7 L | 25.8 L | 34.7% | ₹8.20 | 555 | ₹14.95 | 39.1% | 2.5 L | +1.1 L | 1.1 L |
| 13.3 L | +11.3 L | 46.6 L | 34.6% | ₹6.45 | 560 | ₹18.30 | 39.6% | 1.6 L | +51K | 67K |
| 1.3 L | +34K | 5.0 L | 35.1% | ₹5.00 | 565 | ₹80.50 | 220.8% | — | — | — |
| 7.6 L | +28K | 23.7 L | 34.6% | ₹3.80 | 570 | ₹38.75 | 74.4% | — | 0 | 1K |
| 2.0 L | +57K | 7.7 L | 35.4% | ₹2.90 | 575 | ₹88.50 | 226.6% | — | — | — |
| 3.6 L | +2.2 L | 13.1 L | 36.0% | ₹2.10 | 580 | ₹56.30 | 111.1% | — | 0 | 2K |
| 1.7 L | +67K | 2.6 L | 35.8% | ₹1.60 | 585 | ₹96.80 | 232.8% | — | — | — |
| 1.5 L | +35K | 5.4 L | 36.1% | ₹1.15 | 590 | ₹145.95 | 380.7% | — | — | — |
| — | — | — | 2.0% | ₹— | 595 | ₹— | —% | — | — | — |
| 61K | +61K | 2.5 L | 38.1% | ₹0.65 | 600 | ₹46.85 | 49.2% | 2K | 0 | 3K |
| — | — | — | 2.3% | ₹— | 605 | ₹— | —% | — | — | — |
| 11K | -2K | 4K | 38.6% | ₹0.40 | 610 | ₹56.75 | 62.2% | 3K | 0 | 6K |
| — | — | — | 2.7% | ₹— | 615 | ₹— | —% | — | — | — |
| 13K | +12K | 60K | 40.2% | ₹0.30 | 620 | ₹173.55 | 404.1% | — | — | — |
| — | — | — | 3.0% | ₹— | 625 | ₹— | —% | — | — | — |
| — | — | — | 3.2% | ₹— | 630 | ₹— | —% | — | — | — |
| — | — | — | 3.4% | ₹— | 635 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 640 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 645 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 650 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 655 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 660 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 665 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 670 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 675 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 680 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 685 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 690 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 695 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 700 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 710 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 720 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 730 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 740 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 750 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 760 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 770 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 780 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance stands at ₹560, where massive fresh long calls signal strong call writing. The ₹555 strike acts as both dynamic support and resistance, hosting significant open interest buildup in both calls and puts. With spot trading near ₹548, the range between ₹555 and ₹560 forms a critical congestion zone, likely capping upside until resolution.
OI Buildup Activity
Call writers are aggressively defending ₹560, evident from the +10.88 lakh OI surge in 560 CE, indicating strong short call positions. Fresh longs are also accumulating at 555 CE and 580 CE, suggesting speculative bullish bets are stacked just above spot. On the put side, OI adds at 555 PE and 550 PE reflect hedging or bearish positioning below current levels, while 520 PE shows defensive support.
Volatility Read
ATM volatility at 33.07% reflects elevated risk premium, supporting range-bound premium decay strategies. The bearish skew confirms traders favor downside protection, with puts commanding higher implied volatility than calls.
Strategy Implication
Bias favors short premium strategies above ₹555 with defined risk, as writers dominate key upper strikes and volatility leans defensive.