LTM Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 900 | 0 | — | —% | ₹— | 3,800 | ₹— | —% | — | 0 | 24K |
| 7K | 0 | — | —% | ₹— | 3,900 | ₹— | —% | — | 0 | 13K |
| 900 | 0 | — | —% | ₹— | 3,950 | ₹— | —% | — | -1K | 4K |
| 6K | 0 | — | —% | ₹— | 4,000 | ₹— | —% | — | -3K | 45K |
| 600 | 0 | — | —% | ₹— | 4,050 | ₹— | —% | — | 0 | 4K |
| 1K | 0 | — | —% | ₹— | 4,100 | ₹— | —% | — | +450 | 32K |
| 0 | 0 | — | —% | ₹— | 4,150 | ₹— | —% | — | -150 | 9K |
| 5K | 0 | — | —% | ₹— | 4,200 | ₹— | —% | — | +11K | 53K |
| 0 | 0 | — | —% | ₹— | 4,250 | ₹— | —% | — | 0 | 0 |
| 6K | 0 | — | —% | ₹— | 4,300 | ₹— | —% | — | +1K | 50K |
| 1K | 0 | — | —% | ₹— | 4,350 | ₹— | —% | — | 0 | 0 |
| 15K | +1K | — | —% | ₹— | 4,400 | ₹— | —% | — | -3K | 40K |
| 5K | -1K | — | —% | ₹— | 4,450 | ₹— | —% | — | +150 | 27K |
| 1.2 L | -1K | — | —% | ₹— | 4,500 | ₹— | —% | — | +2K | 73K |
| 35K | +5K | — | —% | ₹— | 4,550 | ₹— | —% | — | -900 | 28K |
| 2.2 L | +20K | — | —% | ₹— | 4,600ATM | ₹— | —% | — | -6K | 81K |
| 41K | +8K | — | —% | ₹— | 4,650 | ₹— | —% | — | 0 | 26K |
| 81K | +9K | — | —% | ₹— | 4,700 | ₹— | —% | — | +750 | 27K |
| 23K | +3K | — | —% | ₹— | 4,750 | ₹— | —% | — | 0 | 7K |
| 64K | -600 | — | —% | ₹— | 4,800 | ₹— | —% | — | -750 | 25K |
| 4K | 0 | — | —% | ₹— | 4,850 | ₹— | —% | — | 0 | 0 |
| 59K | +11K | — | —% | ₹— | 4,900 | ₹— | —% | — | 0 | 1K |
| 3K | 0 | — | —% | ₹— | 4,950 | ₹— | —% | — | 0 | 300 |
| 81K | -4K | — | —% | ₹— | 5,000 | ₹— | —% | — | 0 | 19K |
| 0 | 0 | — | —% | ₹— | 5,050 | ₹— | —% | — | 0 | 600 |
| 20K | +2K | — | —% | ₹— | 5,100 | ₹— | —% | — | 0 | 300 |
| 300 | 0 | — | —% | ₹— | 5,150 | ₹— | —% | — | 0 | 600 |
| 27K | +5K | — | —% | ₹— | 5,200 | ₹— | —% | — | 0 | 2K |
| 150 | 0 | — | —% | ₹— | 5,250 | ₹— | —% | — | 0 | 300 |
| 32K | 0 | — | —% | ₹— | 5,300 | ₹— | —% | — | 0 | 300 |
| 0 | 0 | — | —% | ₹— | 5,350 | ₹— | —% | — | 0 | 0 |
| 15K | -150 | — | —% | ₹— | 5,400 | ₹— | —% | — | 0 | 3K |
| 10K | -150 | — | —% | ₹— | 5,500 | ₹— | —% | — | 0 | 2K |
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 pronounced concentration at the 2,700 ₹ strike for both calls and puts, indicating that this level is acting as a dual‑sided barrier—resistance for calls and support for puts. The bulk of OI sits between 4,200 ₹ and 4,900 ₹, suggesting that the market’s implied range for the underlying spans roughly 4,200 ₹–4,900 ₹ over the next 25‑day horizon. Consequently, price action outside this band would need to overcome significant liquidity pockets before establishing a new equilibrium.
OI Buildup Activity
During the latest session, fresh OI accumulates strongly at the 4,600 ₹ call (adding 19,650 contracts), 4,900 ₹ call (11,250 contracts) and 4,700 ₹ call (8,250 contracts), pointing to a growing writer interest in the upper‑mid strike zone. On the put side, the 4,200 ₹ strike absorbs the largest addition with 10,800 contracts, while the 4,500 ₹ and 4,300 ₹ puts receive modest inflows of 1,500 and 1,200 contracts respectively. The asymmetric buildup hints that market participants are increasingly positioning to hedge or profit from moves toward the higher side of the implied range while still protecting downside exposure around the 4,200 ₹‑4,500 ₹ corridor.
Volatility Read
The at‑the‑money implied volatility (IV) stands at 23.64 %, reflecting moderate pricing of future uncertainty. The volatility skew is bearish, meaning out‑of‑the‑money calls are priced relatively higher than equivalent puts, consistent with the observed upward OI bias.
Key OI Levels
The highest call OI resides at the 2,700 ₹ strike, while the highest put OI also clusters at the 2,700 ₹ strike.