Larsen & Toubro Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 3,200 | ₹— | —% | — | 0 | 8K |
| 700 | 0 | — | —% | ₹— | 3,400 | ₹— | —% | — | 0 | 18K |
| 350 | 0 | — | —% | ₹— | 3,500 | ₹— | —% | — | -350 | 29K |
| 12K | 0 | — | —% | ₹— | 3,600 | ₹— | —% | — | +2K | 50K |
| 350 | 0 | — | —% | ₹— | 3,650 | ₹— | —% | — | 0 | 525 |
| 3K | 0 | — | —% | ₹— | 3,700 | ₹— | —% | — | +2K | 1.9 L |
| 2K | -525 | — | —% | ₹— | 3,750 | ₹— | —% | — | 0 | 350 |
| 61K | -1K | — | —% | ₹— | 3,800 | ₹— | —% | — | -1K | 2.6 L |
| 4K | +2K | — | —% | ₹— | 3,850 | ₹— | —% | — | +525 | 525 |
| 67K | -3K | — | —% | ₹— | 3,900 | ₹— | —% | — | -14K | 3.6 L |
| 91K | +10K | — | —% | ₹— | 3,950 | ₹— | —% | — | +27K | 1.0 L |
| 12.1 L | +29K | — | —% | ₹— | 4,000 | ₹— | —% | — | -4K | 7.4 L |
| 8.6 L | -9K | — | —% | ₹— | 4,050 | ₹— | —% | — | -2K | 2.8 L |
| 14.9 L | -35K | — | —% | ₹— | 4,100ATM | ₹— | —% | — | +525 | 5.9 L |
| 6.3 L | -3K | — | —% | ₹— | 4,150 | ₹— | —% | — | -2K | 83K |
| 10.8 L | +38K | — | —% | ₹— | 4,200 | ₹— | —% | — | -1K | 2.7 L |
| 1.5 L | -3K | — | —% | ₹— | 4,250 | ₹— | —% | — | -3K | 61K |
| 3.6 L | +15K | — | —% | ₹— | 4,300 | ₹— | —% | — | 0 | 2.6 L |
| 1.0 L | -875 | — | —% | ₹— | 4,350 | ₹— | —% | — | 0 | 3K |
| 64K | -175 | — | —% | ₹— | 4,400 | ₹— | —% | — | +175 | 77K |
| 0 | 0 | — | —% | ₹— | 4,450 | ₹— | —% | — | 0 | 0 |
| 3.7 L | +3K | — | —% | ₹— | 4,500 | ₹— | —% | — | +175 | 9K |
| 12K | +350 | — | —% | ₹— | 4,600 | ₹— | —% | — | 0 | 4K |
| 29K | -175 | — | —% | ₹— | 4,700 | ₹— | —% | — | 0 | 28K |
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 highest open interest sits at the 2,200 ₹ call and put strikes, marking both a resistance ceiling and a support floor for the underlying, and it reflects prevailing market consensus. Current market participants place the implied price corridor between the 3,600 ₹ and 4,300 ₹ strikes, reflecting the bulk of open interest, driven by recent earnings volatility today. The ATM level of 3,964 ₹ sits near the midpoint of this range, aligning with the concentration of contracts, and suggests a balanced outlook among traders.
OI Buildup Activity
New open interest added today pushes the 4,200 ₹ call to 37,625 contracts, the 4,000 ₹ call to 29,050, and the 4,300 ₹ call to 15,575, driven by institutional investors, signalling aggressive positioning. On the put side, 3,950 ₹ accumulates 28,000 contracts, while 3,700 ₹ and 3,600 ₹ gather 2,275 and 1,925 respectively, by market makers, reflecting defensive hedging. These inflows suggest writers are reinforcing positions around the 3,600‑4,300