Manappuram Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 230 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 235 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 240 | ₹— | —% | — | 0 | 84K |
| 0 | 0 | — | —% | ₹— | 245 | ₹— | —% | — | 0 | 3K |
| 3K | 0 | — | —% | ₹— | 250 | ₹— | —% | — | +12K | 1.7 L |
| 0 | 0 | — | —% | ₹— | 255 | ₹— | —% | — | -27K | 87K |
| 9K | 0 | — | —% | ₹— | 260 | ₹— | —% | — | -48K | 2.1 L |
| 0 | 0 | — | —% | ₹— | 265 | ₹— | —% | — | +75K | 87K |
| 66K | +3K | — | —% | ₹— | 270 | ₹— | —% | — | +15K | 2.6 L |
| 75K | 0 | — | —% | ₹— | 275 | ₹— | —% | — | +21K | 2.9 L |
| 1.3 L | +3K | — | —% | ₹— | 280 | ₹— | —% | — | -18K | 4.6 L |
| 3.1 L | -24K | — | —% | ₹— | 285 | ₹— | —% | — | +66K | 1.6 L |
| 16.9 L | -21K | — | —% | ₹— | 290 | ₹— | —% | — | +1.8 L | 5.3 L |
| 1.3 L | +24K | — | —% | ₹— | 295 | ₹— | —% | — | +90K | 5.3 L |
| 27.2 L | +7.0 L | — | —% | ₹— | 300ATM | ₹— | —% | — | 0 | 3.5 L |
| 2.6 L | +21K | — | —% | ₹— | 305 | ₹— | —% | — | 0 | 30K |
| 12.4 L | -9K | — | —% | ₹— | 310 | ₹— | —% | — | 0 | 1.1 L |
| 1.8 L | -12K | — | —% | ₹— | 315 | ₹— | —% | — | 0 | 24K |
| 7.9 L | +75K | — | —% | ₹— | 320 | ₹— | —% | — | 0 | 4.5 L |
| 1.7 L | -24K | — | —% | ₹— | 325 | ₹— | —% | — | 0 | 9K |
| 6.0 L | +36K | — | —% | ₹— | 330 | ₹— | —% | — | 0 | 48K |
| 3K | 0 | — | —% | ₹— | 335 | ₹— | —% | — | 0 | 30K |
| 1.3 L | +12K | — | —% | ₹— | 340 | ₹— | —% | — | 0 | 1.3 L |
| 0 | 0 | — | —% | ₹— | 345 | ₹— | —% | — | 0 | 1.3 L |
| 2.1 L | +12K | — | —% | ₹— | 350 | ₹— | —% | — | 0 | 78K |
| 0 | 0 | — | —% | ₹— | 355 | ₹— | —% | — | 0 | 12K |
| 81K | +9K | — | —% | ₹— | 360 | ₹— | —% | — | 0 | 1.1 L |
| 0 | 0 | — | —% | ₹— | 370 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 380 | ₹— | —% | — | 0 | 6K |
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 map shows a tight range between ₹290 and ₹330. The largest call open interest sits at the ₹320 strike with 300 contracts, while the biggest put open interest clusters at ₹295 with 140 contracts. This concentration suggests market participants expect the underlying to trade inside this band through the November expiry. Strike ₹300 also carries a notable call concentration of 140 contracts, acting as a secondary resistance. Strike ₹265 shows a modest put build, providing a lower bound to the implied trading corridor.
OI Buildup Activity
On the call side, new open interest adds 300 contracts at ₹320, accompanied by an increase of 6,93,000 units, followed by fresh builds of 78,000 at ₹300 and 36,000 at ₹330. Put side participants add 1,92,000 contracts at ₹290, 90,000 at ₹295 and 72,000 at ₹265, indicating defensive positioning near support levels. The buildup reflects writers hedging their exposure as the spot price sits at ₹288.75. The call additions raise open interest by 4 % for the expiry series, while put additions add 5 %, indicating hedging activity.
Volatility Read
The at‑the‑money implied volatility registers at 35.95 %, a modest uptick from the previous week. The volatility skew is bearish, with out‑of‑the‑money puts priced higher than calls. Implied volatility remains above the 30 % historical average, implying continued uncertainty ahead of the earnings season.
Key OI Levels
The highest call open interest is at ₹320 and the highest put open interest is at ₹295.