Mahindra & Mahindra Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 2,300 | ₹— | —% | — | +10K | 14K |
| 800 | 0 | — | —% | ₹— | 2,400 | ₹— | —% | — | +78K | 91K |
| 200 | 0 | — | —% | ₹— | 2,450 | ₹— | —% | — | +7K | 19K |
| 7K | +6K | — | —% | ₹— | 2,500 | ₹— | —% | — | +24K | 1.1 L |
| 0 | 0 | — | —% | ₹— | 2,550 | ₹— | —% | — | +17K | 32K |
| 12K | +11K | — | —% | ₹— | 2,600 | ₹— | —% | — | -20K | 1.0 L |
| 11K | +11K | — | —% | ₹— | 2,650 | ₹— | —% | — | +20K | 63K |
| 42K | -1K | — | —% | ₹— | 2,700 | ₹— | —% | — | +14K | 3.8 L |
| 56K | +10K | — | —% | ₹— | 2,750 | ₹— | —% | — | +13K | 69K |
| 1.7 L | +23K | — | —% | ₹— | 2,800 | ₹— | —% | — | +3K | 1.9 L |
| 2.7 L | +36K | — | —% | ₹— | 2,850 | ₹— | —% | — | +35K | 2.3 L |
| 5.5 L | +37K | — | —% | ₹— | 2,900 | ₹— | —% | — | +26K | 3.1 L |
| 1.5 L | +93K | — | —% | ₹— | 2,950 | ₹— | —% | — | +3K | 54K |
| 8.0 L | +30K | — | —% | ₹— | 3,000ATM | ₹— | —% | — | -6K | 2.4 L |
| 58K | +13K | — | —% | ₹— | 3,050 | ₹— | —% | — | +2K | 5K |
| 1.7 L | +6K | — | —% | ₹— | 3,100 | ₹— | —% | — | -2K | 85K |
| 46K | -6K | — | —% | ₹— | 3,150 | ₹— | —% | — | 0 | 2K |
| 2.0 L | +88K | — | —% | ₹— | 3,200 | ₹— | —% | — | -12K | 80K |
| 30K | +4K | — | —% | ₹— | 3,250 | ₹— | —% | — | 0 | 2K |
| 1.3 L | +63K | — | —% | ₹— | 3,300 | ₹— | —% | — | +600 | 97K |
| 37K | +17K | — | —% | ₹— | 3,400 | ₹— | —% | — | +600 | 98K |
| 2.1 L | +2K | — | —% | ₹— | 3,500 | ₹— | —% | — | +2K | 4.0 L |
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 peaks at the 1300‑contract strikes for both calls and puts, marking 1300 as a strong resistance and support zone that has historically acted as a price barrier, especially during volatile sessions. Implied price range centers around the 2850‑3300 corridor, where most contracts cluster, indicating trader consensus on near‑term valuation today across major exchanges. Hence the market expects the underlying to trade within this band until expiry, barring any unexpected macro shocks in the prevailing market conditions.
OI Buildup Activity
At the 2950 call strike, open interest climbs by 93,200 contracts, indicating aggressive writing near the upper band, a pattern typical of bullish sentiment among option writers as per recent data. The 2400 put sees an addition of 78,400 contracts, reflecting defensive positioning at the lower edge, as hedgers seek downside protection in current market for risk management. Additional influxes at 3200 (+88,600), 3300 (+62,800) calls and 2850 (+34,400), 2900 (+25,600) puts suggest continued accumulation across the range, reinforcing the depth of the liquidity pool for active participants.
Volatility Read
The at‑the‑money implied volatility stands at 29.01 percent, signaling moderate pricing pressure, which aligns with recent historical averages today. The volatility skew remains neutral, with call and put implied volatilities almost identical, showing no pronounced directional bias currently.
Key OI Levels
The highest call open interest resides at the 1300‑contract strike, while the highest put open interest also concentrates at the 1300‑contract strike, highlighting a symmetrical OI distribution.