L&T Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 260 | ₹— | —% | — | -2K | 97K |
| 36K | +2K | — | —% | ₹— | 270 | ₹— | —% | — | -5K | 4.0 L |
| 77K | 0 | — | —% | ₹— | 275 | ₹— | —% | — | +2K | 1.4 L |
| 25K | 0 | — | —% | ₹— | 280 | ₹— | —% | — | -5K | 6.8 L |
| 43K | 0 | — | —% | ₹— | 285 | ₹— | —% | — | +7K | 12.6 L |
| 74K | +2K | — | —% | ₹— | 290 | ₹— | —% | — | -2.2 L | 8.9 L |
| 68K | 0 | — | —% | ₹— | 295 | ₹— | —% | — | +2.6 L | 9.0 L |
| 4.3 L | -9K | — | —% | ₹— | 300 | ₹— | —% | — | +4.3 L | 29.5 L |
| 2.3 L | +7K | — | —% | ₹— | 305 | ₹— | —% | — | +23K | 24.4 L |
| 10.9 L | 0 | — | —% | ₹— | 310 | ₹— | —% | — | -72K | 13.7 L |
| 23.0 L | -1.2 L | — | —% | ₹— | 315ATM | ₹— | —% | — | -63K | 30.8 L |
| 22.5 L | +2.2 L | — | —% | ₹— | 320 | ₹— | —% | — | +2.3 L | 21.8 L |
| 10.6 L | -11K | — | —% | ₹— | 325 | ₹— | —% | — | +2K | 4.3 L |
| 24.8 L | -4.2 L | — | —% | ₹— | 330 | ₹— | —% | — | -14K | 5.7 L |
| 8.3 L | -29K | — | —% | ₹— | 335 | ₹— | —% | — | 0 | 81K |
| 15.9 L | +5.9 L | — | —% | ₹— | 340 | ₹— | —% | — | 0 | 1.1 L |
| 2.5 L | -7K | — | —% | ₹— | 345 | ₹— | —% | — | +2K | 25K |
| 9.7 L | +77K | — | —% | ₹— | 350 | ₹— | —% | — | 0 | 38K |
| 81K | +2K | — | —% | ₹— | 355 | ₹— | —% | — | — | — |
| 4.0 L | -2K | — | —% | ₹— | 360 | ₹— | —% | — | 0 | 20K |
| 3.4 L | -7K | — | —% | ₹— | 370 | ₹— | —% | — | 0 | 52K |
| 2.8 L | 0 | — | —% | ₹— | 380 | ₹— | —% | — | — | — |
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) profile shows a sharp concentration at the 190‑strike for both calls (190 CE OI = 190 contracts) and puts (190 PE OI = 190 contracts), anchoring the market’s perceived resistance and support zones respectively. The ATM level sits at 314, but the bulk of OI clusters around the 300‑320 band, suggesting an implied price corridor of roughly ₹295–₹340 for the September expiry. The neutral skew indicates that market participants are not pricing a pronounced directional bias beyond the spot level.
OI Buildup Activity
During the latest session, fresh OI accumulates at the 340‑strike call (+5 contracts, ₹89,500 value), the 320‑strike call (+2 contracts, ₹225,000), and the 350‑strike call (+78,750 value), pointing to increased writer interest near the upper end of the implied range. On the put side, new OI appears at the 300‑strike (+4 contracts, ₹434,250), the 295‑strike (+2 contracts, ₹263,250), and again at the 320‑strike (+2 contracts, ₹225,000), reflecting defensive positioning around the mid‑range. The additive OI figures suggest that option writers are reinforcing exposure at these strikes while still leaving room for price movement within the identified corridor.
Volatility Read
The at‑the‑money implied volatility stands at 26.48 %, modest for a mid‑cap financial instrument and consistent with a stable expectation of price swings. The volatility skew remains neutral, indicating that the implied volatility curve is symmetric around the spot price, with no significant premium placed on either the upside or downside strikes.
Key OI Levels
The highest concentration of call OI resides at the 190‑strike, while the peak put OI also clusters at the 190‑strike.