Life Insurance Corporation Of India Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 370 | ₹— | 17.8% | — | — | — |
| — | — | — | —% | ₹— | 380 | ₹— | 17.2% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 16.6% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 16.1% | — | — | — |
| — | — | — | —% | ₹— | 410 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 430 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 450 | ₹— | 13.5% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 470 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 490 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 510 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 530 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 550 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 555 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 565 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 570 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 575 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 585 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 595 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 605 | ₹— | 7.0% | — | — | — |
| 13K | 0 | — | —% | ₹125.95 | 610 | ₹0.15 | —% | — | 0 | 19K |
| — | — | — | —% | ₹187.30 | 615 | ₹0.20 | —% | — | — | — |
| — | — | — | —% | ₹198.30 | 620 | ₹0.15 | 80.3% | — | 0 | 6K |
| — | — | — | —% | ₹186.50 | 625 | ₹0.10 | 76.1% | 2K | -1K | 11K |
| — | — | — | —% | ₹179.70 | 630 | ₹2.10 | —% | — | +700 | 700 |
| — | — | — | —% | ₹176.70 | 635 | ₹0.40 | —% | — | — | — |
| 700 | 0 | — | —% | ₹108.50 | 640 | ₹0.30 | 78.7% | — | 0 | 20K |
| — | — | — | —% | ₹183.80 | 645 | ₹0.40 | 79.6% | — | — | — |
| 700 | 0 | — | —% | ₹160.00 | 650 | ₹0.25 | 72.8% | — | 0 | 18K |
| — | — | — | —% | ₹180.30 | 655 | ₹0.60 | 79.9% | — | — | — |
| — | — | — | —% | ₹160.90 | 660 | ₹0.30 | 70.4% | — | 0 | 12K |
| — | — | — | —% | ₹184.45 | 665 | ₹0.60 | 75.4% | — | — | — |
| 700 | 0 | — | —% | ₹133.60 | 670 | ₹0.40 | 69.0% | — | 0 | 20K |
| — | — | — | —% | ₹182.40 | 675 | ₹13.40 | —% | — | 0 | 700 |
| — | — | — | —% | ₹143.00 | 680 | ₹0.35 | 63.6% | — | 0 | 26K |
| — | — | — | —% | ₹172.80 | 685 | ₹1.50 | 78.1% | — | +700 | 700 |
| — | — | — | —% | ₹134.35 | 690 | ₹0.50 | 62.7% | — | 0 | 12K |
| — | — | — | —% | ₹188.70 | 695 | ₹1.00 | 67.9% | — | — | — |
| 43K | 0 | 2K | —% | ₹127.40 | 700 | ₹0.30 | 55.4% | 4K | -700 | 1.2 L |
| — | — | — | 260.5% | ₹186.25 | 705 | ₹0.45 | 55.4% | — | 0 | 4K |
| 5K | 0 | — | —% | ₹45.85 | 710 | ₹0.70 | 57.3% | — | 0 | 12K |
| 43K | 0 | — | —% | ₹35.85 | 715 | ₹17.50 | 130.5% | — | 0 | 86K |
| 49K | 0 | 2K | 65.6% | ₹113.90 | 720 | ₹0.50 | 51.4% | 6K | -1K | 1.9 L |
| — | — | — | 242.8% | ₹167.40 | 725 | ₹1.05 | 54.6% | — | 0 | 94K |
| 1.3 L | 0 | 1K | —% | ₹99.45 | 730 | ₹0.60 | 48.4% | 17K | -6K | 1.8 L |
| 29K | 0 | — | —% | ₹66.20 | 735 | ₹1.20 | 51.4% | — | 0 | 55K |
| 91K | -20K | 82K | —% | ₹87.30 | 740 | ₹0.70 | 45.2% | 47K | -2K | 81K |
| 39K | 0 | 2K | —% | ₹83.00 | 745 | ₹0.55 | 40.3% | — | 0 | 43K |
| 1.9 L | -700 | 1K | —% | ₹80.90 | 750 | ₹0.75 | 41.5% | 8K | +4K | 2.4 L |
| 41K | 0 | — | —% | ₹53.40 | 755 | ₹8.90 | 75.1% | — | 0 | 11K |
| 1.1 L | 0 | — | 66.6% | ₹77.00 | 760 | ₹1.00 | 39.4% | 4K | +700 | 89K |
| 1.5 L | 0 | 700 | 37.0% | ₹68.45 | 765 | ₹1.75 | 40.8% | — | 0 | 61K |
| 62K | -4K | 7K | 24.8% | ₹62.60 | 770 | ₹1.35 | 36.5% | 8K | -5K | 43K |
| 12K | 0 | — | 47.5% | ₹59.20 | 775 | ₹1.90 | 37.1% | 700 | 0 | 20K |
| 1.2 L | 0 | — | 38.0% | ₹52.50 | 780 | ₹1.70 | 34.2% | 20K | -8K | 2.2 L |
| 32K | 0 | — | 62.9% | ₹56.65 | 785 | ₹2.00 | 33.1% | 15K | +6K | 35K |
| 83K | 0 | — | 32.7% | ₹42.60 | 790 | ₹2.40 | 32.5% | 25K | +5K | 1.6 L |
| 46K | 0 | — | 58.1% | ₹47.80 | 795 | ₹3.90 | 34.1% | 700 | 0 | 74K |
| 3.7 L | -27K | 46K | 26.8% | ₹33.50 | 800ATM | ₹3.70 | 30.7% | 1.1 L | +32K | 3.6 L |
| 39K | 0 | — | 55.3% | ₹40.05 | 805 | ₹4.65 | 31.0% | 4K | -700 | 38K |
| 77K | +6K | 22K | 27.0% | ₹25.95 | 810 | ₹6.05 | 30.9% | 45K | -4K | 97K |
| 29K | -700 | 2K | 27.6% | ₹22.45 | 815 | ₹7.45 | 30.2% | 15K | +3K | 34K |
| 1.5 L | +4K | 34K | 27.4% | ₹19.00 | 820 | ₹9.25 | 30.0% | 89K | +32K | 3.2 L |
| 32K | -700 | 24K | 27.6% | ₹16.15 | 825 | ₹11.35 | 30.4% | 85K | -700 | 2.2 L |
| 2.0 L | +19K | 2.1 L | 28.4% | ₹13.65 | 830 | ₹13.65 | 30.2% | 2.0 L | -15K | 1.3 L |
| 99K | +19K | 1.1 L | 27.1% | ₹10.90 | 835 | ₹18.00 | 32.3% | 10K | +1K | 74K |
| 3.2 L | +22K | 3.1 L | 28.1% | ₹9.15 | 840 | ₹19.45 | 30.5% | 25K | +2K | 1.1 L |
| 75K | +8K | 49K | 28.0% | ₹7.60 | 845 | ₹23.40 | 30.5% | — | 0 | 32K |
| 3.9 L | -16K | 2.1 L | 28.4% | ₹5.95 | 850 | ₹25.65 | 29.6% | 17K | -4K | 1.7 L |
| 39K | -8K | 18K | 28.1% | ₹4.70 | 855 | ₹33.40 | 38.9% | — | 0 | 10K |
| 2.3 L | -4K | 69K | 28.7% | ₹3.75 | 860 | ₹34.00 | 32.4% | 700 | 0 | 38K |
| 29K | -2K | 15K | 28.6% | ₹3.00 | 865 | ₹31.45 | —% | — | — | — |
| 1.3 L | -4K | 44K | 28.9% | ₹2.25 | 870 | ₹42.50 | 34.8% | 700 | 0 | 15K |
| 700 | 0 | — | 53.7% | ₹9.55 | 875 | ₹35.85 | —% | — | — | — |
| 1.8 L | +2K | 38K | 30.0% | ₹1.45 | 880 | ₹45.20 | —% | — | 0 | 7K |
| 50K | 0 | 1K | 32.7% | ₹1.65 | 885 | ₹40.65 | —% | — | — | — |
| 3.8 L | -4K | 13K | 30.5% | ₹0.90 | 890 | ₹68.25 | 58.6% | — | 0 | 700 |
| 44K | 0 | — | 34.7% | ₹1.20 | 895 | ₹45.75 | —% | — | — | — |
| 4.6 L | +1K | 2.7 L | 32.8% | ₹0.70 | 900 | ₹71.00 | 41.9% | 8K | -3K | 69K |
| 700 | 0 | — | 51.4% | ₹3.75 | 905 | ₹51.20 | —% | — | — | — |
| 4.8 L | +700 | 43K | 34.4% | ₹0.50 | 910 | ₹80.30 | 49.8% | 700 | 0 | 1K |
| 700 | 0 | — | 47.7% | ₹2.05 | 915 | ₹57.00 | —% | — | — | — |
| 1.3 L | -3K | 4K | 35.3% | ₹0.35 | 920 | ₹79.60 | —% | — | 0 | 7K |
| 2K | 0 | — | 44.8% | ₹1.05 | 925 | ₹63.15 | —% | — | — | — |
| — | — | — | 94.0% | ₹13.10 | 930 | ₹121.05 | 115.3% | — | — | — |
| — | — | — | 42.4% | ₹0.50 | 935 | ₹138.80 | 149.1% | — | — | — |
| 1K | 0 | — | 42.4% | ₹0.40 | 940 | ₹95.70 | —% | — | 0 | 700 |
| — | — | — | 43.1% | ₹0.35 | 945 | ₹148.60 | 154.5% | — | — | — |
| — | — | — | 94.6% | ₹10.05 | 950 | ₹218.00 | 298.8% | — | 0 | 15K |
| — | — | — | 43.9% | ₹0.25 | 955 | ₹158.45 | 159.8% | — | — | — |
| 1.7 L | -1K | 3K | 44.4% | ₹0.20 | 960 | ₹146.25 | 118.3% | — | — | — |
| — | — | — | 3.3% | ₹— | 965 | ₹— | —% | — | — | — |
| — | — | — | 95.1% | ₹7.65 | 970 | ₹155.00 | 119.5% | — | — | — |
| — | — | — | 3.6% | ₹— | 975 | ₹— | —% | — | — | — |
| 6K | 0 | — | 55.9% | ₹0.50 | 980 | ₹160.00 | 108.2% | — | 0 | 3K |
| — | — | — | 3.8% | ₹— | 985 | ₹— | —% | — | — | — |
| — | — | — | 95.4% | ₹5.75 | 990 | ₹160.00 | 74.2% | 7K | -4K | 25K |
| — | — | — | 4.0% | ₹— | 995 | ₹— | —% | — | — | — |
| — | — | — | 95.5% | ₹4.95 | 1,000 | ₹181.85 | 123.2% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,005 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,010 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 1,015 | ₹— | —% | — | — | — |
| — | — | — | 95.9% | ₹3.70 | 1,020 | ₹200.25 | 126.0% | — | — | — |
| — | — | — | 4.8% | ₹— | 1,030 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,040 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,050 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 1,060 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,070 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,080 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 1,090 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,100 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 1,110 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 1,120 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,130 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 1,140 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 1,150 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 1,160 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 1,170 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 1,180 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 1,190 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 1,200 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Strong resistance forms at ₹1,000, where both call and put open interest peak, indicating a major psychological barrier. Immediate support rests at ₹785, backed by incremental PE accumulation, while the implied range narrows between ₹800 and ₹840 based on recent OI clustering. The spot at ₹829 keeps the contract near-term balanced but confined within this ₹800–₹840 corridor.
OI Buildup Activity
Fresh longs emerge in 830, 835, and 840 CE, signaling aggressive call writing just above spot — likely short-term writers testing upside strength. On the put side, 800 and 820 PEs see heavy OI buildup with +31,500 contracts added, suggesting institutional support construction and potential hedging. The 785 PE’s smaller add shows distant floor protection, while dominant near-strike activity reflects tight risk parameter guarding.
Volatility Read
ATM IV at 28.35% sits moderately elevated, pricing in event risk ahead of expiry. A bearish skew dominates, with puts trading richer than calls, indicating stronger demand for downside protection.
Strategy Implication
Bias favors short premium strategies with defined risk, centered around 840 resistance and 800–820 support convergence.