Max Healthcare Institute Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 840 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 860 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 880 | ₹— | —% | — | +525 | 30K |
| 0 | 0 | — | —% | ₹— | 890 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 900 | ₹— | —% | — | +3K | 1.1 L |
| 0 | 0 | — | —% | ₹— | 910 | ₹— | —% | — | +2K | 25K |
| 525 | -1K | — | —% | ₹— | 920 | ₹— | —% | — | 0 | 9K |
| 0 | 0 | — | —% | ₹— | 930 | ₹— | —% | — | +2K | 61K |
| 2K | 0 | — | —% | ₹— | 940 | ₹— | —% | — | +8K | 90K |
| 525 | +525 | — | —% | ₹— | 950 | ₹— | —% | — | +525 | 79K |
| 0 | 0 | — | —% | ₹— | 960 | ₹— | —% | — | +2K | 2.1 L |
| 1K | +1K | — | —% | ₹— | 970 | ₹— | —% | — | +4K | 78K |
| 39K | +7K | — | —% | ₹— | 980 | ₹— | —% | — | +4K | 1.1 L |
| 1.1 L | +19K | — | —% | ₹— | 990 | ₹— | —% | — | -7K | 64K |
| 4.9 L | +525 | — | —% | ₹— | 1,000ATM | ₹— | —% | — | -37K | 4.5 L |
| 2.5 L | +18K | — | —% | ₹— | 1,010 | ₹— | —% | — | -18K | 64K |
| 4.5 L | +13K | — | —% | ₹— | 1,020 | ₹— | —% | — | -10K | 1.7 L |
| 2.6 L | +26K | — | —% | ₹— | 1,030 | ₹— | —% | — | 0 | 21K |
| 1.2 L | +12K | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 14K |
| 2.2 L | -3K | — | —% | ₹— | 1,050 | ₹— | —% | — | -525 | 67K |
| 1.7 L | +24K | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 16K |
| 37K | -6K | — | —% | ₹— | 1,070 | ₹— | —% | — | 0 | 0 |
| 34K | +3K | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 3K |
| 23K | 0 | — | —% | ₹— | 1,090 | ₹— | —% | — | 0 | 3K |
| 3.8 L | +16K | — | —% | ₹— | 1,100 | ₹— | —% | — | +525 | 4.0 L |
| 525 | 0 | — | —% | ₹— | 1,110 | ₹— | —% | — | 0 | 0 |
| 58K | +525 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 0 |
| 16K | 0 | — | —% | ₹— | 1,130 | ₹— | —% | — | 0 | 7K |
| 3K | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 32K |
| 40K | 0 | — | —% | ₹— | 1,150 | ₹— | —% | — | — | — |
| 0 | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 1,170 | ₹— | —% | — | — | — |
| 6K | 0 | — | —% | ₹— | 1,180 | ₹— | —% | — | 0 | 0 |
| 12K | 0 | — | —% | ₹— | 1,190 | ₹— | —% | — | — | — |
| 1.6 L | -1K | — | —% | ₹— | 1,200 | ₹— | —% | — | 0 | 5K |
| 1K | 0 | — | —% | ₹— | 1,210 | ₹— | —% | — | — | — |
| 17K | 0 | — | —% | ₹— | 1,220 | ₹— | —% | — | — | — |
| 14K | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | — | — |
| 18K | -525 | — | —% | ₹— | 1,260 | ₹— | —% | — | — | — |
| 525 | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | — | — |
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) landscape clusters around the ₹1,000 CE and the ₹1,000 PE strikes, indicating a tight resistance‑support corridor spanning roughly ₹970 to ₹1,030. The concentration of 4,84,575 contracts at the ₹1,000 call and 4,53,600 contracts at the ₹1,000 put suggests market participants are anchoring their price expectations near the current spot of ₹984.8. Consequently, the implied price range for the September 29 expiry is effectively bounded by these heavy‑weight strikes, with the spot price sitting slightly below the central resistance level.
OI Buildup Activity
During the latest trading session, fresh OI accrues at the ₹1,030 CE (+25,725), ₹1,060 CE (+23,100) and ₹990 CE (+20,475) levels, reflecting increased writer interest in higher‑strike calls. On the put side, additions appear at ₹940 PE (+7,875), ₹970 PE (+3,675) and ₹980 PE (+3,150), signalling that sellers are augmenting exposure near the lower support tier. These inflows denote a balancing act where market makers are layering protection both above and below the prevailing price band.
Volatility Read
The at‑the‑money implied volatility stands at 20.82 %, a moderate level that aligns with the relatively narrow OI‑derived price corridor. The volatility skew is bearish, indicating that out‑of‑the‑money calls carry comparatively lower implied volatilities than equivalent puts, which often points to a market bias toward downside protection.
Key OI Levels
The strikes with the highest open‑interest concentrations are the ₹1,000 call (4,84,575 contracts) and the ₹1,000 put (4,53,600 contracts).