Larsen & Toubro Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 3,000 | ₹— | —% | — | -2K | 23K |
| 0 | 0 | — | —% | ₹— | 3,100 | ₹— | —% | — | +2K | 12K |
| 0 | 0 | — | —% | ₹— | 3,200 | ₹— | —% | — | +8K | 77K |
| 175 | 0 | — | —% | ₹— | 3,250 | ₹— | —% | — | -24K | 21K |
| 8K | +8K | — | —% | ₹— | 3,300 | ₹— | —% | — | -82K | 57K |
| 175 | 0 | — | —% | ₹— | 3,350 | ₹— | —% | — | -2K | 74K |
| 2K | -175 | — | —% | ₹— | 3,400 | ₹— | —% | — | -36K | 98K |
| 24K | -700 | — | —% | ₹— | 3,450 | ₹— | —% | — | +4K | 55K |
| 47K | -16K | — | —% | ₹— | 3,500 | ₹— | —% | — | -18K | 3.9 L |
| 36K | -4K | — | —% | ₹— | 3,550 | ₹— | —% | — | +36K | 1.3 L |
| 2.0 L | -8K | — | —% | ₹— | 3,600 | ₹— | —% | — | +1.6 L | 6.2 L |
| 1.9 L | -13K | — | —% | ₹— | 3,650 | ₹— | —% | — | -15K | 2.5 L |
| 6.1 L | -1.4 L | — | —% | ₹— | 3,700 | ₹— | —% | — | +1.0 L | 7.3 L |
| 2.3 L | -10K | — | —% | ₹— | 3,750 | ₹— | —% | — | +27K | 2.4 L |
| 6.8 L | +2.4 L | — | —% | ₹— | 3,800 | ₹— | —% | — | +3.5 L | 5.6 L |
| 8.6 L | +7.8 L | — | —% | ₹— | 3,850 | ₹— | —% | — | +3.3 L | 3.6 L |
| 10.5 L | +7.2 L | — | —% | ₹— | 3,900 | ₹— | —% | — | +1.9 L | 4.0 L |
| 4.9 L | +4.1 L | — | —% | ₹— | 3,950 | ₹— | —% | — | +21K | 58K |
| 9.2 L | +2.7 L | — | —% | ₹— | 4,000ATM | ₹— | —% | — | +14K | 5.5 L |
| 1.3 L | +44K | — | —% | ₹— | 4,050 | ₹— | —% | — | +700 | 22K |
| 2.4 L | +77K | — | —% | ₹— | 4,100 | ₹— | —% | — | -3K | 2.4 L |
| 89K | +56K | — | —% | ₹— | 4,150 | ₹— | —% | — | 0 | 0 |
| 3.3 L | +2.4 L | — | —% | ₹— | 4,200 | ₹— | —% | — | +4K | 1.5 L |
| 12K | +12K | — | —% | ₹— | 4,250 | ₹— | —% | — | 0 | 0 |
| 1.2 L | +41K | — | —% | ₹— | 4,300 | ₹— | —% | — | -350 | 1.6 L |
| 14K | +14K | — | —% | ₹— | 4,350 | ₹— | —% | — | 0 | 0 |
| 1.7 L | +52K | — | —% | ₹— | 4,400 | ₹— | —% | — | +525 | 1.1 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 call open interest peaks strongly at the 1850‑1900 band, with the 1850 strike holding the largest CE OI of 1 800 contracts, clearly marking a near‑term resistance zone today.
Put open interest mirrors this at the 1750‑1800 band, where the 1800 strike carries the highest PE OI of 1 800 contracts, thereby defining a comparable support level for traders.
Together these clusters suggest an implied price corridor of roughly ₹3 750 to ₹3 950 for the November expiry, indicating a tight range that market participants are currently watching.
OI Buildup Activity
Fresh call OI accumulates at 3850 (+7 74 550), 3900 (+7 17 325) and 3950 (+4 11 075), showing writers are aggressively adding exposure above the current spot level.
On the put side, new builds appear at 3800 (+3 54 550), 3850 (+3 28 125) and 3900 (+1 95 125), reflecting defensive positioning just below spot and a cautious bias toward downside protection.
The distribution of added OI reflects a balanced stance, with market participants reinforcing both upside and downside buffers while maintaining overall portfolio equilibrium.
Volatility Read
The at‑the‑money implied volatility stands at 19.48%, aligning closely with historical averages for the underlying asset.
The volatility skew is neutral, implying no pronounced bias toward calls or puts and suggesting a stable volatility environment.
Key OI Levels
The strikes with the highest open interest are 1850 for calls and 1800 for puts, each with 1 800 contracts.