Mazagon Dock Shipbuilders Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,440 | ₹— | —% | — | +46K | 46K |
| 0 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +11K | 11K |
| 0 | 0 | — | —% | ₹— | 1,500 | ₹— | —% | — | +2K | 56K |
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | +10K | 13K |
| 0 | 0 | — | —% | ₹— | 1,540 | ₹— | —% | — | +57K | 59K |
| 0 | 0 | — | —% | ₹— | 1,560 | ₹— | —% | — | +15K | 38K |
| 0 | 0 | — | —% | ₹— | 1,580 | ₹— | —% | — | +16K | 17K |
| 225 | +225 | — | —% | ₹— | 1,600 | ₹— | —% | — | -77K | 2.2 L |
| 0 | 0 | — | —% | ₹— | 1,620 | ₹— | —% | — | +17K | 23K |
| 0 | 0 | — | —% | ₹— | 1,640 | ₹— | —% | — | +23K | 46K |
| 0 | 0 | — | —% | ₹— | 1,660 | ₹— | —% | — | +24K | 26K |
| 8K | +7K | — | —% | ₹— | 1,680 | ₹— | —% | — | +16K | 84K |
| 1.5 L | +56K | — | —% | ₹— | 1,700 | ₹— | —% | — | +54K | 3.6 L |
| 63K | +57K | — | —% | ₹— | 1,720 | ₹— | —% | — | +51K | 77K |
| 75K | +41K | — | —% | ₹— | 1,740 | ₹— | —% | — | +52K | 96K |
| 64K | +39K | — | —% | ₹— | 1,760 | ₹— | —% | — | +18K | 29K |
| 1.0 L | +33K | — | —% | ₹— | 1,780 | ₹— | —% | — | +9K | 13K |
| 3.2 L | +56K | — | —% | ₹— | 1,800 | ₹— | —% | — | -2K | 1.6 L |
| 62K | +35K | — | —% | ₹— | 1,820 | ₹— | —% | — | +2K | 7K |
| 88K | +30K | — | —% | ₹— | 1,840 | ₹— | —% | — | +2K | 14K |
| 1.2 L | +62K | — | —% | ₹— | 1,860 | ₹— | —% | — | +2K | 23K |
| 32K | +13K | — | —% | ₹— | 1,880 | ₹— | —% | — | -225 | 23K |
| 4.4 L | +35K | — | —% | ₹— | 1,900ATM | ₹— | —% | — | -10K | 3.1 L |
| 85K | +9K | — | —% | ₹— | 1,920 | ₹— | —% | — | -450 | 36K |
| 64K | +14K | — | —% | ₹— | 1,940 | ₹— | —% | — | 0 | 6K |
| 46K | +19K | — | —% | ₹— | 1,960 | ₹— | —% | — | 0 | 21K |
| 44K | +18K | — | —% | ₹— | 1,980 | ₹— | —% | — | 0 | 1K |
| 5.8 L | +1.2 L | — | —% | ₹— | 2,000 | ₹— | —% | — | -2K | 94K |
| 26K | -3K | — | —% | ₹— | 2,020 | ₹— | —% | — | 0 | 10K |
| 9K | -900 | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 1K |
| 21K | +8K | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 2K |
| 25K | +8K | — | —% | ₹— | 2,080 | ₹— | —% | — | 0 | 3K |
| 2.7 L | +28K | — | —% | ₹— | 2,100 | ₹— | —% | — | +225 | 53K |
| 49K | +37K | — | —% | ₹— | 2,120 | ₹— | —% | — | 0 | 450 |
| 0 | 0 | — | —% | ₹— | 2,140 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 2,160 | ₹— | —% | — | 0 | 1K |
| 8K | +3K | — | —% | ₹— | 2,180 | ₹— | —% | — | 0 | 0 |
| 2.1 L | +4K | — | —% | ₹— | 2,200 | ₹— | —% | — | +450 | 50K |
| 11K | +3K | — | —% | ₹— | 2,220 | ₹— | —% | — | 0 | 1K |
| 225 | 0 | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 6K |
| 0 | 0 | — | —% | ₹— | 2,260 | ₹— | —% | — | +675 | 675 |
| 0 | 0 | — | —% | ₹— | 2,280 | ₹— | —% | — | 0 | 2K |
| 47K | -4K | — | —% | ₹— | 2,300 | ₹— | —% | — | 0 | 28K |
| 900 | +900 | — | —% | ₹— | 2,320 | ₹— | —% | — | 0 | 0 |
| 3K | +3K | — | —% | ₹— | 2,340 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 2,360 | ₹— | —% | — | 0 | 675 |
| 72K | +15K | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 1.0 L |
| 4K | +225 | — | —% | ₹— | 2,440 | ₹— | —% | — | 0 | 56K |
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 call open interest peaks at the 1000‑strike, clearly acting as a short‑term resistance, while put open interest of the same magnitude forms a significant support level and serves as a key reference point for traders. The nearest concentration points cluster around 1720‑1860 for calls and 1540‑1720 for puts, notably outlining a tight implied price corridor of roughly ₹1,540 to ₹1,860, suggesting that market participants expect limited upside beyond this range. Given the spot of ₹1,732.8, the market currently anticipates modest near‑term movement within this band until the November expiry, and this range aligns with the prevailing sentiment on the underlying asset.
OI Buildup Activity
Fresh open interest adds of 2,000 contracts are observed at the 1860 call, indicating today's substantial aggressive writing at that level, indicating a strong preference for premium collection. Concurrently, the 1720 put sees a significant addition of 57,600 contracts, reflecting ongoing heightened hedging near the current price, highlighting cautious outlook among holders. Additional builds at 1720 call (57,375) and 1700 put (55,125) suggest a steady balanced positioning across both sides of the market.
Volatility Read
The at‑the‑money implied volatility stands at 35.11%, a level that is still modestly elevated and observable relative to recent averages. The volatility skew is clearly bearish, with out‑of‑the‑money puts priced higher than equivalent calls, implying a market‑wide tilt toward downside protection.
Key OI Levels
The strikes with the highest call and put open interest concentration are notably 1000 and 1000 respectively.