Life Insurance Corporation Of India Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 330 | ₹— | —% | — | 0 | 3K |
| 4K | 0 | — | —% | ₹— | 350 | ₹— | —% | — | +4K | 1.1 L |
| 4K | 0 | — | —% | ₹— | 355 | ₹— | —% | — | 0 | 56K |
| 22K | 0 | — | —% | ₹— | 360 | ₹— | —% | — | 0 | 1.3 L |
| — | — | — | —% | ₹— | 365 | ₹— | —% | — | 0 | 3K |
| 4K | 0 | — | —% | ₹— | 370 | ₹— | —% | — | 0 | 6.1 L |
| 1K | 0 | — | —% | ₹— | 375 | ₹— | —% | — | 0 | 2.3 L |
| 41K | 0 | — | —% | ₹— | 380 | ₹— | —% | — | -22K | 12.2 L |
| 0 | 0 | — | —% | ₹— | 385 | ₹— | —% | — | +8K | 2.8 L |
| 2.0 L | -17K | — | —% | ₹— | 390 | ₹— | —% | — | -3K | 8.6 L |
| 1K | 0 | — | —% | ₹— | 395 | ₹— | —% | — | +1.7 L | 5.6 L |
| 6.3 L | +7K | — | —% | ₹— | 400 | ₹— | —% | — | -70K | 29.1 L |
| 39K | -10K | — | —% | ₹— | 405 | ₹— | —% | — | +56K | 6.7 L |
| 9.3 L | +1K | — | —% | ₹— | 410 | ₹— | —% | — | +56K | 15.8 L |
| 6.8 L | +11K | — | —% | ₹— | 415 | ₹— | —% | — | +78K | 8.2 L |
| 35.4 L | -71K | — | —% | ₹— | 420ATM | ₹— | —% | — | +1.1 L | 19.6 L |
| 10.3 L | +1.7 L | — | —% | ₹— | 425 | ₹— | —% | — | +64K | 6.6 L |
| 34.5 L | -69K | — | —% | ₹— | 430 | ₹— | —% | — | +20K | 9.1 L |
| 6.3 L | -7K | — | —% | ₹— | 435 | ₹— | —% | — | 0 | 60K |
| 13.6 L | +1.2 L | — | —% | ₹— | 440 | ₹— | —% | — | -1K | 1.4 L |
| 3.3 L | 0 | — | —% | ₹— | 445 | ₹— | —% | — | 0 | 18K |
| 16.2 L | +55K | — | —% | ₹— | 450 | ₹— | —% | — | 0 | 3.6 L |
| 88K | -3K | — | —% | ₹— | 455 | ₹— | —% | — | 0 | 0 |
| 5.0 L | +18K | — | —% | ₹— | 460 | ₹— | —% | — | 0 | 13K |
| 2.5 L | +1K | — | —% | ₹— | 470 | ₹— | —% | — | 0 | 27K |
| 3.2 L | 0 | — | —% | ₹— | 480 | ₹— | —% | — | 0 | 1K |
| 64K | 0 | — | —% | ₹— | 490 | ₹— | —% | — | 0 | 27K |
| 6.6 L | +8K | — | —% | ₹— | 500 | ₹— | —% | — | — | — |
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) concentration clusters around the 415‑420 ₹ region for puts and the 425‑440 ₹ region for calls, framing a natural support‑resistance band. The highest put OI sits at 415 ₹, while the largest call OI rests at 425 ₹, indicating where market participants have staked the most capital. Given the spot price of 415.35 ₹, the implied price range for the next week lies roughly between 410 ₹ and 440 ₹.
OI Buildup Activity
Fresh OI accrues strongly at the 425 ₹ call (up +1,68,000 contracts) and the 440 ₹ call (up +1,21,800 contracts), signaling new long‑call positioning. On the put side, the 395 ₹ strike draws the largest addition (+1,68,000 contracts) followed by 420 ₹ (+1,12,000 contracts), reflecting fresh protective buying. The incremental OI numbers suggest that writers are concentrating around these strikes to hedge against potential moves beyond the established band.
Volatility Read
The at‑the‑money implied volatility stands at 20.87 %, modest for this sector and consistent with the neutral skew profile. The skew metric indicates balanced demand for calls versus puts across the examined strikes.
Key OI Levels
The highest call OI sits at 425 ₹, while the highest put OI is concentrated at 415 ₹.