Manappuram Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 3K | 0 | — | —% | ₹— | 290 | ₹— | —% | — | -3K | 1.3 L |
| 0 | 0 | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 0 |
| 12K | 0 | — | —% | ₹— | 300 | ₹— | —% | — | +78K | 2.5 L |
| 0 | 0 | — | —% | ₹— | 305 | ₹— | —% | — | 0 | 6K |
| 30K | 0 | — | —% | ₹— | 310 | ₹— | —% | — | +3.0 L | 4.9 L |
| 9K | 0 | — | —% | ₹— | 315 | ₹— | —% | — | 0 | 1.3 L |
| 54K | 0 | — | —% | ₹— | 320 | ₹— | —% | — | -81K | 7.8 L |
| 21K | 0 | — | —% | ₹— | 325 | ₹— | —% | — | +72K | 2.8 L |
| 3.5 L | +24K | — | —% | ₹— | 330 | ₹— | —% | — | -27K | 13.5 L |
| 3.4 L | +45K | — | —% | ₹— | 335 | ₹— | —% | — | +1.1 L | 4.6 L |
| 32.5 L | +5.1 L | — | —% | ₹— | 340ATM | ₹— | —% | — | +1.3 L | 22.4 L |
| 4.1 L | +66K | — | —% | ₹— | 345 | ₹— | —% | — | +24K | 4.9 L |
| 27.1 L | +2.3 L | — | —% | ₹— | 350 | ₹— | —% | — | +33K | 9.5 L |
| 26.0 L | +13.9 L | — | —% | ₹— | 355 | ₹— | —% | — | +9K | 8.0 L |
| 19.9 L | +1.1 L | — | —% | ₹— | 360 | ₹— | —% | — | -15K | 12.3 L |
| 6.2 L | +3K | — | —% | ₹— | 365 | ₹— | —% | — | 0 | 5.5 L |
| 25.2 L | -3K | — | —% | ₹— | 370 | ₹— | —% | — | 0 | 7.5 L |
| 4.7 L | +3K | — | —% | ₹— | 375 | ₹— | —% | — | 0 | 30K |
| 9.8 L | +1.4 L | — | —% | ₹— | 380 | ₹— | —% | — | -63K | 2.5 L |
| 3.8 L | -9K | — | —% | ₹— | 385 | ₹— | —% | — | 0 | 12K |
| 4.5 L | +27K | — | —% | ₹— | 390 | ₹— | —% | — | 0 | 33K |
| 1.2 L | 0 | — | —% | ₹— | 395 | ₹— | —% | — | 0 | 3K |
| 10.6 L | -69K | — | —% | ₹— | 400 | ₹— | —% | — | 0 | 12K |
| 3.6 L | +51K | — | —% | ₹— | 410 | ₹— | —% | — | 0 | 6K |
| 5.1 L | -21K | — | —% | ₹— | 420 | ₹— | —% | — | 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 (OI) profile shows a tight concentration around the 340 ₹ and 350 ₹ call strikes, together holding roughly 55 % of total call OI. On the put side, the 310 ₹ and 335 ₹ strikes dominate, accounting for close to 48 % of put OI. This distribution suggests a market‑implied price corridor roughly between 310 ₹ and 350 ₹ for the September‑29 expiry, with the current spot of 339.7 ₹ nestled near the upper edge of the range.
OI Buildup Activity
During the latest session, fresh call OI inflows are led by the 355 ₹ strike, which adds 355 contracts (13 % increase, 92 000 contracts net). The 340 ₹ call also sees a modest rise of 5 contracts (10 000 contracts), while the 350 ₹ call accumulates an additional 2 contracts (31 000 contracts). On the put side, the 310 ₹ strike absorbs the largest net addition of 3 contracts (303 000 contracts), followed by a 1‑contract increase at 340 ₹ (126 000 contracts) and a 1‑contract rise at 335 ₹ (108 000 contracts). These flows indicate that option writers are reinforcing positions around the identified support‑resistance band, with a slight tilt toward protecting the downside at 310 ₹.
Volatility Read
The at‑the‑money implied volatility stands at 29.14 %, reflecting moderate premium pricing ahead of expiry. The volatility skew is bearish, indicating higher implied volatility for lower strikes relative to higher strikes.
Key OI Levels
The highest call OI sits at the 340 ₹ strike, while the greatest put OI concentrates at the 310 ₹ strike.