Max Financial Services Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 8K |
| 0 | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | -2K | 2K |
| 0 | 0 | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 800 |
| 5K | 0 | — | —% | ₹— | 1,340 | ₹— | —% | — | 0 | 12K |
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 800 |
| 0 | 0 | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 0 |
| 9K | -400 | — | —% | ₹— | 1,400 | ₹— | —% | — | -2K | 47K |
| 3K | 0 | — | —% | ₹— | 1,420 | ₹— | —% | — | 0 | 24K |
| 5K | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | +800 | 27K |
| 400 | 0 | — | —% | ₹— | 1,460 | ₹— | —% | — | +4K | 62K |
| 0 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +36K | 96K |
| 34K | -12K | — | —% | ₹— | 1,500 | ₹— | —% | — | -800 | 1.3 L |
| 28K | -3K | — | —% | ₹— | 1,520 | ₹— | —% | — | +2K | 37K |
| 48K | -24K | — | —% | ₹— | 1,540 | ₹— | —% | — | +2K | 62K |
| 68K | +23K | — | —% | ₹— | 1,560 | ₹— | —% | — | +12K | 52K |
| 74K | -20K | — | —% | ₹— | 1,580 | ₹— | —% | — | -4K | 48K |
| 3.0 L | -29K | — | —% | ₹— | 1,600ATM | ₹— | —% | — | -3K | 1.2 L |
| 51K | -4K | — | —% | ₹— | 1,620 | ₹— | —% | — | 0 | 2K |
| 1.1 L | +36K | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 12K |
| 50K | -6K | — | —% | ₹— | 1,660 | ₹— | —% | — | 0 | 2K |
| 48K | +5K | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 0 |
| 1.4 L | -8K | — | —% | ₹— | 1,700 | ₹— | —% | — | 0 | 4K |
| 31K | +400 | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 400 |
| 29K | -1K | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 0 |
| 18K | +3K | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 400 |
| 94K | -2K | — | —% | ₹— | 1,800 | ₹— | —% | — | 0 | 2K |
| 400 | 0 | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 0 |
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) picture shows a tight band between ₹1460 and ₹1680, anchoring the market’s view of future price movement. The largest CE OI sits at the 1000‑contract level, which acts as a resistance barrier near the current spot of ₹1548.4. Conversely, the 1000‑contract PE OI forms a support zone just below the spot, highlighting the range in which traders expect the stock to trade.
OI Buildup Activity
During the latest trading session, the 1640 call contract absorbs a fresh 36,400 contracts, pushing its total OI to 1,640, signalling strong writer interest at that upside level. The 1560 call also gains 23,200 contracts, raising its OI to 1,560, while the 1680 call adds a modest 4,800 contracts, taking its OI to 1,680. On the put side, the 1480 strike accumulates 36,400 new contracts, lifting its OI to 1,480, and the 1560 put receives an additional 12,000 contracts, bringing its OI to 1,560; the 1460 put adds 3,600 contracts, resulting in an OI of 1,460. These inflows reflect a continued positioning of writers around the identified support‑resistance corridor.
Volatility Read
The at‑the‑money implied volatility stands at 21.44%, indicating moderate pricing of forward risk. The volatility skew is bearish, with out‑of‑the‑money calls priced relatively cheaper than puts, suggesting market bias toward downside moves.
Key OI Levels
The highest concentration of call OI resides at the 1000‑strike, while the peak put OI is also centered at the 1000‑strike.