Maruti Suzuki India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 9,400 | ₹— | —% | — | +2K | 9K |
| 0 | 0 | — | —% | ₹— | 9,600 | ₹— | —% | — | 0 | 10K |
| 0 | 0 | — | —% | ₹— | 9,700 | ₹— | —% | — | +650 | 4K |
| 0 | 0 | — | —% | ₹— | 9,800 | ₹— | —% | — | 0 | 8K |
| 0 | 0 | — | —% | ₹— | 9,900 | ₹— | —% | — | +7K | 15K |
| 1K | 0 | — | —% | ₹— | 10,000 | ₹— | —% | — | +5K | 92K |
| 0 | 0 | — | —% | ₹— | 10,100 | ₹— | —% | — | -1K | 23K |
| 50 | 0 | — | —% | ₹— | 10,200 | ₹— | —% | — | +5K | 13K |
| 0 | 0 | — | —% | ₹— | 10,300 | ₹— | —% | — | +5K | 17K |
| 50 | 0 | — | —% | ₹— | 10,400 | ₹— | —% | — | -8K | 10K |
| 2K | +600 | — | —% | ₹— | 10,500 | ₹— | —% | — | -250 | 55K |
| 4K | +150 | — | —% | ₹— | 10,600 | ₹— | —% | — | +9K | 19K |
| 2K | 0 | — | —% | ₹— | 10,700 | ₹— | —% | — | +11K | 97K |
| 4K | +350 | — | —% | ₹— | 10,800 | ₹— | —% | — | -5K | 15K |
| 2K | +250 | — | —% | ₹— | 10,900 | ₹— | —% | — | +4K | 13K |
| 30K | -3K | — | —% | ₹— | 11,000 | ₹— | —% | — | +24K | 1.4 L |
| 17K | +300 | — | —% | ₹— | 11,100 | ₹— | —% | — | +10K | 28K |
| 40K | -8K | — | —% | ₹— | 11,200 | ₹— | —% | — | +11K | 74K |
| 31K | -21K | — | —% | ₹— | 11,300 | ₹— | —% | — | +17K | 63K |
| 56K | -18K | — | —% | ₹— | 11,400 | ₹— | —% | — | +22K | 58K |
| 1.4 L | +4K | — | —% | ₹— | 11,500ATM | ₹— | —% | — | +23K | 99K |
| 73K | +42K | — | —% | ₹— | 11,600 | ₹— | —% | — | +32K | 41K |
| 1.1 L | +20K | — | —% | ₹— | 11,700 | ₹— | —% | — | +11K | 20K |
| 39K | +5K | — | —% | ₹— | 11,800 | ₹— | —% | — | +5K | 12K |
| 30K | +9K | — | —% | ₹— | 11,900 | ₹— | —% | — | +3K | 7K |
| 1.7 L | -30K | — | —% | ₹— | 12,000 | ₹— | —% | — | +400 | 35K |
| 16K | +1K | — | —% | ₹— | 12,100 | ₹— | —% | — | +500 | 2K |
| 29K | +950 | — | —% | ₹— | 12,200 | ₹— | —% | — | 0 | 3K |
| 29K | +8K | — | —% | ₹— | 12,300 | ₹— | —% | — | +350 | 4K |
| 23K | -8K | — | —% | ₹— | 12,400 | ₹— | —% | — | 0 | 2K |
| 1.6 L | -3K | — | —% | ₹— | 12,500 | ₹— | —% | — | -300 | 32K |
| 22K | +2K | — | —% | ₹— | 12,600 | ₹— | —% | — | 0 | 1K |
| 19K | +3K | — | —% | ₹— | 12,700 | ₹— | —% | — | 0 | 350 |
| 33K | +21K | — | —% | ₹— | 12,800 | ₹— | —% | — | +350 | 550 |
| 11K | +5K | — | —% | ₹— | 12,900 | ₹— | —% | — | 0 | 100 |
| 1.2 L | +2K | — | —% | ₹— | 13,000 | ₹— | —% | — | +100 | 15K |
| 6K | +650 | — | —% | ₹— | 13,100 | ₹— | —% | — | 0 | 200 |
| 18K | +2K | — | —% | ₹— | 13,200 | ₹— | —% | — | 0 | 2K |
| 24K | -150 | — | —% | ₹— | 13,400 | ₹— | —% | — | +100 | 19K |
| 11K | -3K | — | —% | ₹— | 13,600 | ₹— | —% | — | 0 | 3K |
| 37K | +14K | — | —% | ₹— | 13,800 | ₹— | —% | — | -50 | 22K |
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 11,600‑strike call (CE) cluster shows an open interest of 10,000 contracts, acting as a near‑term resistance ceiling for the underlying, and market participants closely monitor it. Conversely, the 11,000‑strike put (PE) series accumulates 11,000 contracts, forming a pronounced support floor beneath the ₹11,579 spot and acts as a pivotal defensive layer. These two concentrations outline an implied price corridor of roughly ₹11,500 to ₹11,700 for the November expiry, and this range aligns with recent trading averages.
OI Buildup Activity
Fresh open interest additions are strongest at the 11,600 CE, which gained 42,350 contracts, indicating aggressive new writing at the resistance level; these contracts are primarily written by institutional sellers. The 12,800 CE added 21,200 contracts and the 11,700 CE added 19,950, suggesting writers are extending the bullish ceiling upward; such activity hints at a possible upward glide path for the underlying. On the put side, the 11,600 PE accrued 32,300 contracts, while 11,000 PE and 11,500 PE collected 24,500 and 23,400 respectively, reinforcing the downside support band; the cumulative buildup underscores a balanced defensive stance among option writers.
Volatility Read
The at‑the‑money implied volatility stands at 20.71%, reflecting moderate premium levels for the November series; compared with the sector average, the level is slightly elevated. Implied volatility skew is neutral, indicating no pronounced bias between call and put pricing across strikes; traders therefore perceive a fairly even risk‑reward profile.
Key OI Levels
The highest concentration sits at 11,600 CE with 10,000 OI and 11,000 PE with 11,000 OI, both strikes together representing roughly 9% of total chain open interest.