Lupin Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
22.7 L
Total PE OI
16.6 L
PCR
0.73
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,200 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 1,240 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 1,280 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 1,320 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 1,360 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 1,440 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 1,480 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 1,560 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 1,580 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 1,600 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 1,620 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 1,640 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 1,660 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 1,680 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 1,700 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 1,720 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 1,740 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 1,760 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹— | 1,780 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 1,800 | ₹— | 5.7% | — | — | — |
| — | — | — | —% | ₹— | 1,820 | ₹— | 5.5% | — | — | — |
| — | — | — | —% | ₹356.15 | 1,840 | ₹17.45 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,860 | ₹— | 5.0% | — | — | — |
| — | — | — | —% | ₹— | 1,880 | ₹— | 4.8% | — | — | — |
| — | — | — | —% | ₹— | 1,900 | ₹— | 4.5% | — | — | — |
| 850 | 0 | — | —% | ₹389.35 | 1,920 | ₹0.15 | 50.0% | — | 0 | 13K |
| — | — | — | —% | ₹— | 1,940 | ₹— | 4.1% | — | — | — |
| — | — | — | —% | ₹260.70 | 1,960 | ₹0.20 | 46.2% | 9K | 0 | 69K |
| — | — | — | —% | ₹— | 1,980 | ₹— | 3.6% | — | — | — |
| 10K | 0 | 850 | —% | ₹326.30 | 2,000 | ₹0.65 | 47.6% | 6K | 0 | 64K |
| — | — | — | —% | ₹— | 2,020 | ₹— | 3.2% | — | — | — |
| 425 | 0 | — | —% | ₹237.00 | 2,040 | ₹0.75 | 43.3% | 2K | -850 | 12K |
| 425 | 0 | — | —% | ₹225.70 | 2,060 | ₹1.10 | 43.0% | 2K | -850 | 13K |
| — | — | — | —% | ₹180.80 | 2,080 | ₹1.00 | 38.4% | 8K | -4K | 68K |
| 13K | 0 | 425 | —% | ₹225.00 | 2,100 | ₹1.10 | 37.1% | 11K | +2K | 1.6 L |
| — | — | — | —% | ₹158.10 | 2,120 | ₹2.50 | 40.0% | — | 0 | 19K |
| — | — | — | —% | ₹184.30 | 2,140 | ₹2.70 | 37.4% | — | 0 | 26K |
| 3K | 0 | — | 50.8% | ₹185.25 | 2,160 | ₹2.40 | 33.0% | 2K | -425 | 21K |
| 9K | 0 | 2K | —% | ₹150.70 | 2,180 | ₹2.90 | 29.7% | 9K | +2K | 45K |
| 50K | -2K | 7K | 27.9% | ₹129.45 | 2,200 | ₹3.90 | 28.9% | 54K | -6K | 1.3 L |
| 17K | 0 | — | 52.7% | ₹139.50 | 2,220 | ₹7.85 | 33.8% | — | 0 | 40K |
| 34K | 0 | 2K | 28.2% | ₹98.80 | 2,240 | ₹8.00 | 26.3% | 5K | -850 | 46K |
| 23K | +425 | 3K | 24.4% | ₹78.00 | 2,260 | ₹12.10 | 26.2% | 82K | -7K | 80K |
| 23K | 0 | 11K | 25.3% | ₹60.75 | 2,280 | ₹17.05 | 25.5% | 69K | +3K | 61K |
| 2.9 L | -26K | 3.7 L | 24.2% | ₹42.20 | 2,300 | ₹24.15 | 25.4% | 2.9 L | -4K | 2.1 L |
| 1.8 L | +28K | 3.9 L | 23.7% | ₹30.70 | 2,320 | ₹33.00 | 25.0% | 1.6 L | +16K | 1.6 L |
| 3.2 L | +41K | 4.1 L | 24.1% | ₹22.40 | 2,340ATM | ₹43.70 | 24.8% | 1.0 L | +2K | 1.8 L |
| 1.6 L | +14K | 1.2 L | 24.1% | ₹15.55 | 2,360 | ₹57.45 | 24.7% | 43K | +6K | 73K |
| 1.1 L | +4K | 1.1 L | 24.1% | ₹10.40 | 2,380 | ₹73.35 | 37.5% | — | 0 | 55K |
| 3.0 L | -425 | 3.1 L | 24.5% | ₹7.00 | 2,400 | ₹80.30 | 28.1% | 850 | -425 | 1.0 L |
| 48K | -2K | 55K | 24.6% | ₹4.40 | 2,420 | ₹130.00 | 58.6% | — | 0 | 2K |
| 1.3 L | -44K | 2.1 L | 25.0% | ₹2.80 | 2,440 | ₹104.45 | —% | — | 0 | 2K |
| 39K | +425 | 13K | 24.5% | ₹1.70 | 2,460 | ₹224.60 | 112.1% | — | — | — |
| 29K | -2K | 34K | 25.9% | ₹1.15 | 2,480 | ₹187.20 | 70.7% | — | 0 | 1K |
| 2.5 L | -11K | 2.1 L | 25.5% | ₹0.60 | 2,500 | ₹180.00 | 48.0% | — | 0 | 850 |
| 86K | -1K | 9K | 25.8% | ₹0.40 | 2,520 | ₹360.65 | 186.0% | — | — | — |
| 43K | -6K | 18K | 26.7% | ₹0.25 | 2,540 | ₹287.95 | 118.7% | — | — | — |
| 26K | 0 | 3K | 29.3% | ₹0.45 | 2,560 | ₹230.20 | 42.5% | — | 0 | 3K |
| 15K | 0 | — | 30.8% | ₹0.50 | 2,580 | ₹249.95 | 44.7% | — | 0 | 850 |
| 60K | 0 | 4K | 32.6% | ₹0.35 | 2,600 | ₹429.60 | 197.1% | — | — | — |
| — | — | — | 2.5% | ₹— | 2,620 | ₹— | —% | — | — | — |
| 6K | 0 | 1K | 33.4% | ₹0.15 | 2,640 | ₹465.25 | 202.9% | — | — | — |
| — | — | — | 2.9% | ₹— | 2,660 | ₹— | —% | — | — | — |
| 3K | 0 | — | 39.7% | ₹0.35 | 2,680 | ₹359.35 | 76.6% | — | 0 | 1K |
| — | — | — | 3.2% | ₹— | 2,700 | ₹— | —% | — | — | — |
| — | — | — | 3.4% | ₹— | 2,720 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 2,740 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 2,760 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 2,780 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 2,800 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 2,820 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 2,840 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 2,860 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 2,880 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 2,900 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 2,920 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 2,940 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 2,960 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 2,980 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 3,000 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 3,020 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 3,040 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 3,060 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 3,080 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 3,120 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 3,160 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 3,200 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 3,240 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 3,280 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 3,320 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 3,360 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 3,400 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Strong resistance sits at 1200 CE, a psychological barrier with peak call OI, though distant from spot. Immediate resistance clusters form at 2340 and 2360, where aggressive call writing adds pressure. On the downside, 1200 PE marks structural support, but near-term floor builds at 2320, where put OI surges.
OI Buildup Activity
Fresh longs dominate the 2340 and 2320 CE strikes, signaling writers are establishing short positions ahead of momentum tests. Concurrently, 2320 PE sees substantial OI accumulation, indicating defensive long put positions absorb downside risk. The bidirectional buildup at 2320 reflects a contested pivot, with both call and put writers anchoring at this technical level.
Volatility Read
ATM IV at 23.46% suggests moderate volatility pricing, neither elevated nor suppressed. A bearish skew confirms put demand outpaces calls, with near-term sentiment tilted toward downside protection.
Strategy Implication
Bias favors range-bound action with bearish lean, as writers dominate resistance builds and put-side OI absorbs spot proximity.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Lupin Limited today?▾
The strike with highest call (CE) open interest for Lupin Limited is ₹2,340 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Lupin Limited today?▾
The strike with highest put (PE) open interest for Lupin Limited is ₹2,300 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Lupin Limited options mean?▾
Open Interest (OI) buildup in Lupin Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Lupin Limited options expire?▾
Lupin Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Lupin Limited option chain?▾
The Lupin Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.