Max Healthcare Institute Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 520 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 650 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 660 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 670 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 690 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 710 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 730 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 740 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹— | 750 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹— | 770 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 5.8% | — | — | — |
| — | — | — | —% | ₹— | 790 | ₹— | 5.5% | — | — | — |
| 525 | 0 | — | —% | ₹168.00 | 800 | ₹0.40 | 73.3% | — | 0 | 54K |
| — | — | — | —% | ₹— | 810 | ₹— | 4.9% | — | — | — |
| — | — | — | —% | ₹182.05 | 820 | ₹0.55 | 70.9% | — | 0 | 13K |
| — | — | — | —% | ₹268.00 | 830 | ₹2.00 | 82.2% | — | 0 | 4K |
| — | — | — | —% | ₹166.25 | 840 | ₹0.15 | 54.6% | 17K | 0 | 25K |
| — | — | — | —% | ₹249.20 | 850 | ₹0.35 | 57.2% | 21K | -5K | 32K |
| 525 | +525 | — | —% | ₹128.00 | 860 | ₹0.75 | 58.6% | — | 0 | 9K |
| 6K | 0 | — | —% | ₹75.15 | 870 | ₹0.40 | 52.6% | 23K | -19K | 25K |
| — | — | — | 72.0% | ₹137.00 | 880 | ₹0.45 | 50.4% | 25K | -18K | 20K |
| — | — | — | 264.7% | ₹212.75 | 890 | ₹0.65 | 48.7% | 12K | -5K | 24K |
| 36K | 0 | 525 | —% | ₹116.80 | 900 | ₹0.55 | 44.4% | 24K | -11K | 1.0 L |
| 32K | 0 | — | —% | ₹103.00 | 910 | ₹0.75 | 43.5% | 29K | +15K | 82K |
| 68K | 0 | — | —% | ₹88.65 | 920 | ₹0.90 | 40.5% | 2K | -525 | 1.4 L |
| 71K | 0 | 525 | —% | ₹85.00 | 930 | ₹1.60 | 39.8% | — | 0 | 65K |
| 1.5 L | 0 | — | —% | ₹68.30 | 940 | ₹1.25 | 37.0% | 60K | -5K | 1.7 L |
| 96K | -5K | 9K | —% | ₹70.00 | 950 | ₹1.60 | 35.1% | 50K | +13K | 1.9 L |
| 2.4 L | -6K | 9K | —% | ₹59.95 | 960 | ₹2.05 | 33.2% | 57K | -1K | 2.4 L |
| 52K | -9K | 16K | —% | ₹50.40 | 970 | ₹2.80 | 31.8% | 85K | +4K | 1.5 L |
| 1.4 L | -3K | 14K | —% | ₹41.05 | 980 | ₹3.90 | 30.5% | 91K | -15K | 1.2 L |
| 55K | -16K | 36K | 20.0% | ₹33.10 | 990 | ₹5.75 | 29.9% | 66K | +9K | 1.3 L |
| 4.1 L | -20K | 2.7 L | 22.2% | ₹25.95 | 1,000 | ₹8.20 | 29.4% | 1.6 L | +4K | 2.4 L |
| 1.3 L | +6K | 2.2 L | 22.6% | ₹19.30 | 1,010 | ₹11.75 | 29.3% | 1.8 L | +15K | 85K |
| 6.2 L | +1K | 4.0 L | 23.1% | ₹13.90 | 1,020ATM | ₹16.40 | 29.5% | 2.9 L | +93K | 1.8 L |
| 3.0 L | -1.8 L | 7.9 L | 23.8% | ₹9.80 | 1,030 | ₹22.00 | 29.9% | 53K | +15K | 40K |
| 1.4 L | -16K | 2.2 L | 24.3% | ₹6.70 | 1,040 | ₹29.15 | 31.4% | 19K | +7K | 15K |
| 3.2 L | -7K | 3.0 L | 24.9% | ₹4.45 | 1,050 | ₹45.35 | 38.3% | — | 0 | 8K |
| 2.6 L | +6K | 48K | 26.4% | ₹3.10 | 1,060 | ₹76.65 | 84.5% | — | 0 | 9K |
| 1.3 L | -3K | 53K | 26.5% | ₹2.00 | 1,070 | ₹53.20 | —% | — | — | — |
| 73K | +525 | 17K | 27.5% | ₹1.30 | 1,080 | ₹104.95 | 111.5% | — | 0 | 1K |
| 11K | +525 | 4K | 29.8% | ₹1.15 | 1,090 | ₹62.85 | —% | — | — | — |
| 1.9 L | -35K | 1.1 L | 31.7% | ₹0.90 | 1,100 | ₹82.00 | 43.3% | 7K | -3K | 1.3 L |
| 525 | 0 | — | 42.9% | ₹2.00 | 1,110 | ₹73.35 | —% | — | — | — |
| 45K | +36K | 58K | 32.4% | ₹0.40 | 1,120 | ₹157.85 | 157.1% | — | — | — |
| 1K | 0 | — | 102.3% | ₹20.80 | 1,130 | ₹80.45 | —% | — | 0 | 525 |
| 6K | 0 | — | 38.5% | ₹0.35 | 1,140 | ₹141.20 | 93.2% | — | 0 | 3K |
| 5K | 0 | — | 58.7% | ₹2.65 | 1,150 | ₹143.35 | 75.7% | — | 0 | 1K |
| 2K | 0 | — | 90.7% | ₹10.90 | 1,160 | ₹160.25 | 98.9% | — | 0 | 7K |
| 1K | 0 | — | 96.1% | ₹11.50 | 1,170 | ₹110.25 | —% | — | — | — |
| 525 | 0 | — | 89.2% | ₹8.00 | 1,180 | ₹180.50 | 107.3% | — | 0 | 2K |
| 5K | 0 | — | 43.1% | ₹0.10 | 1,190 | ₹124.20 | —% | — | — | — |
| 17K | 0 | — | 50.1% | ₹0.25 | 1,200 | ₹181.25 | 69.7% | 525 | 0 | 27K |
| 3K | 0 | — | 53.5% | ₹0.30 | 1,210 | ₹138.85 | —% | — | — | — |
| — | — | — | 121.0% | ₹14.00 | 1,220 | ₹218.00 | 114.8% | — | 0 | 2K |
| — | — | — | 4.3% | ₹— | 1,230 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹11.90 | 1,240 | ₹325.00 | —% | — | 0 | 525 |
| — | — | — | 4.6% | ₹— | 1,250 | ₹— | —% | — | — | — |
| — | — | — | 121.9% | ₹10.05 | 1,260 | ₹275.25 | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,270 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,280 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 1,290 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 1,300 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 1,310 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,320 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,340 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,360 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,380 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 1,400 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 1,420 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 1,440 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate support sits at ₹1000, where peak put open interest (2,38,875 contracts) signals strong defensive positioning. Resistance looms sharply at ₹1020, hosting the highest call OI (6,24,750) — a major magnet for short covering and option squeeze potential. With spot at ₹1019, the implied range is tightly confined between 1000 and 1020, reflecting directional indecision near-term.
OI Buildup Activity
Fresh long calls are building at 1120 (+35,700 OI), suggesting aggressive bullish bets extending beyond current resistance. On the put side, heavy OI accumulation at 1020 (+93,450) reveals writers anticipating rejection at that level, while longs add downside protection at 1010 and 1030. The asymmetric buildup — strong call writing at 1020 and rising put buying at and above spot — indicates growing bearish conviction among new longs.
Volatility Read
ATM IV at 22.71% is stable but with a bearish skew, showing higher demand for downside protection. Elevated put volatility versus calls confirms risk-off sentiment despite spot hovering near resistance.
Strategy Implication
Bias leans bearish above ₹1020 with strong writer presence, favoring premium-selling or hedging strategies into resistance.