Mazagon Dock Shipbuilders Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,900 | ₹— | —% | — | -2K | 2K |
| 225 | 0 | — | —% | ₹— | 2,000 | ₹— | —% | — | +450 | 35K |
| 1K | 0 | — | —% | ₹— | 2,100 | ₹— | —% | — | +4K | 8K |
| — | — | — | —% | ₹— | 2,150 | ₹— | —% | — | 0 | 9K |
| 675 | 0 | — | —% | ₹— | 2,200 | ₹— | —% | — | +7K | 83K |
| 3K | 0 | — | —% | ₹— | 2,250 | ₹— | —% | — | -2K | 36K |
| 6K | -225 | — | —% | ₹— | 2,300 | ₹— | —% | — | -900 | 36K |
| 2K | +2K | — | —% | ₹— | 2,350 | ₹— | —% | — | +15K | 15K |
| 54K | -225 | — | —% | ₹— | 2,400 | ₹— | —% | — | -9K | 3.6 L |
| 40K | -2K | — | —% | ₹— | 2,450 | ₹— | —% | — | +7K | 38K |
| 4.2 L | +59K | — | —% | ₹— | 2,500 | ₹— | —% | — | +9K | 2.7 L |
| 2.2 L | +48K | — | —% | ₹— | 2,550 | ₹— | —% | — | +11K | 3.1 L |
| 5.2 L | +28K | — | —% | ₹— | 2,600ATM | ₹— | —% | — | -9K | 2.0 L |
| 2.5 L | -5K | — | —% | ₹— | 2,650 | ₹— | —% | — | -225 | 51K |
| 4.0 L | +16K | — | —% | ₹— | 2,700 | ₹— | —% | — | -225 | 79K |
| 2.3 L | +12K | — | —% | ₹— | 2,750 | ₹— | —% | — | 0 | 0 |
| 3.5 L | +5K | — | —% | ₹— | 2,800 | ₹— | —% | — | +225 | 23K |
| 57K | +2K | — | —% | ₹— | 2,850 | ₹— | —% | — | 0 | 0 |
| 2.0 L | +11K | — | —% | ₹— | 2,900 | ₹— | —% | — | 0 | 9K |
| 2.5 L | -14K | — | —% | ₹— | 3,000 | ₹— | —% | — | 0 | 3K |
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) map shows a pronounced ceiling at the 2,600 ₹ call and a floor at the 2,350 ₹ put, each holding roughly 1,300 contracts, which act as the primary resistance and support zones respectively. The bulk of the OI sits between 2,500 ₹ and 2,600 ₹ on the call side and 2,350 ₹ to 2,500 ₹ on the put side, outlining an implied price corridor of about ₹150‑₹200 around the current spot of ₹2,475. This concentration suggests that market participants anticipate limited movement beyond these bounds as expiry approaches on 29 Sep 2026.
OI Buildup Activity
During the latest session, fresh OI accrues heavily at the 2,500 ₹ call (+59,400), 2,550 ₹ call (+47,700) and 2,600 ₹ call (+29,025), indicating new long‑call positioning near the upper edge of the range. On the put side, significant additions appear at the 2,350 ₹ put (+14,625), 2,550 ₹ put (+12,150) and 2,500 ₹ put (+8,550), reflecting fresh short‑call hedges or speculative bearish bets. The asymmetry of larger inflows on the call side versus modest put additions signals that option writers are netting exposure around the upper boundary of the anticipated band, while still maintaining a defensive put cushion.
Volatility Read
The at‑the‑money implied volatility stands at 30.01 %, modestly elevated for a mid‑cap shipbuilding stock, and the volatility skew is biased bearish, with out‑of‑the‑money calls priced higher than equivalent puts. This skew reinforces the market view of limited upside beyond the current resistance level.
Key OI Levels
The highest open‑interest concentrations sit at 2,600 ₹ on the call side and 2,350 ₹ on the put side, each with 1,300 contracts.