JSW Steel Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 675 |
| 0 | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | +3K | 7K |
| 0 | 0 | — | —% | ₹— | 1,050 | ₹— | —% | — | -8K | 47K |
| 0 | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 1,070 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | +16K | 32K |
| 0 | 0 | — | —% | ₹— | 1,090 | ₹— | —% | — | 0 | 9K |
| 3K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +34K | 2.4 L |
| 0 | 0 | — | —% | ₹— | 1,110 | ₹— | —% | — | +2K | 1.1 L |
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | +1K | 51K |
| 0 | 0 | — | —% | ₹— | 1,130 | ₹— | —% | — | +5K | 27K |
| 0 | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | +7K | 58K |
| 7K | 0 | — | —% | ₹— | 1,150 | ₹— | —% | — | +17K | 83K |
| 3K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | -12K | 1.3 L |
| 3K | 0 | — | —% | ₹— | 1,170 | ₹— | —% | — | +15K | 41K |
| 6K | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | -4K | 1.5 L |
| 41K | +2K | — | —% | ₹— | 1,190 | ₹— | —% | — | +4K | 64K |
| 8.0 L | -22K | — | —% | ₹— | 1,200ATM | ₹— | —% | — | -3.2 L | 4.3 L |
| 18K | +2K | — | —% | ₹— | 1,210 | ₹— | —% | — | +5K | 42K |
| 85K | -675 | — | —% | ₹— | 1,220 | ₹— | —% | — | +5K | 2.1 L |
| 1.0 L | -24K | — | —% | ₹— | 1,230 | ₹— | —% | — | +9K | 70K |
| 2.0 L | +34K | — | —% | ₹— | 1,240 | ₹— | —% | — | +32K | 1.2 L |
| 2.0 L | +43K | — | —% | ₹— | 1,250 | ₹— | —% | — | +29K | 1.2 L |
| 1.4 L | +16K | — | —% | ₹— | 1,260 | ₹— | —% | — | -3K | 43K |
| 1.2 L | +68K | — | —% | ₹— | 1,270 | ₹— | —% | — | +11K | 30K |
| 1.3 L | +7K | — | —% | ₹— | 1,280 | ₹— | —% | — | +1K | 1.2 L |
| 27K | -4K | — | —% | ₹— | 1,290 | ₹— | —% | — | +56K | 57K |
| 4.6 L | +47K | — | —% | ₹— | 1,300 | ₹— | —% | — | +98K | 4.0 L |
| 23K | +10K | — | —% | ₹— | 1,310 | ₹— | —% | — | 0 | 1K |
| 1.3 L | +24K | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 10K |
| 41K | -3K | — | —% | ₹— | 1,330 | ₹— | —% | — | 0 | 0 |
| 76K | +7K | — | —% | ₹— | 1,340 | ₹— | —% | — | 0 | 4K |
| 1.6 L | +55K | — | —% | ₹— | 1,350 | ₹— | —% | — | 0 | 0 |
| 1.1 L | +21K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 1K |
| 18K | +10K | — | —% | ₹— | 1,370 | ₹— | —% | — | 0 | 0 |
| 73K | +16K | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 0 |
| 675 | 0 | — | —% | ₹— | 1,390 | ₹— | —% | — | 0 | 0 |
| 2.5 L | +1.1 L | — | —% | ₹— | 1,400 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 1,410 | ₹— | —% | — | 0 | 0 |
| 4K | 0 | — | —% | ₹— | 1,420 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,430 | ₹— | —% | — | 0 | 0 |
| 11K | -1K | — | —% | ₹— | 1,440 | ₹— | —% | — | 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 open‑interest landscape clusters around the 1,300 ₹ call and 1,300 ₹ put strikes, forming a tight range that brackets the current spot of 1,241.2 ₹, with a modest clustering at the 1,260 ₹ call reinforcing the lower bound. Resistance is observed near the 1,400 ₹ call where the highest call OI of 1,000 contracts sits, while support steadies around the 1,300 ₹ put with an equal 1,000 contract concentration. The implied price corridor, guided by these OI piles, spans roughly 1,260 ₹ to 1,440 ₹, suggesting traders anticipate limited movement until expiry.
OI Buildup Activity
Fresh open interest adds are evident at the 1,400 ₹ call (+1,06,650 contracts) and 1,270 ₹ call (+67,500 contracts), indicating aggressive new writing at higher strikes. On the put side, the 1,300 ₹ strike absorbs the largest addition (+98,550 contracts) followed by 1,290 ₹ (+54,675) and 1,100 ₹ (+35,100), reflecting defensive positioning and suggests hedging of existing long exposures. Overall, the influx of fresh OI in both calls and puts suggests market participants are staking out defined zones rather than pushing the underlying beyond the current band.
Volatility Read
The at‑the‑money implied volatility stands at 21.7 %, aligning with the medium‑term average for the stock, while the term structure remains flat across the near‑term horizon. The volatility skew is neutral, indicating no pronounced bias toward either call or put side.
Key OI Levels
The most concentrated open interest resides at the 1,400 ₹ call and the 1,300 ₹ put, each holding 1,000 contracts, crucial for risk framing today.