Motilal Oswal Financial Services Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 13K | 0 | — | —% | ₹— | 680 | ₹— | —% | — | 0 | 13K |
| 9K | 0 | — | —% | ₹— | 720 | ₹— | —% | — | 0 | 775 |
| 7K | 0 | — | —% | ₹— | 740 | ₹— | —% | — | — | — |
| 2K | 0 | — | —% | ₹— | 760 | ₹— | —% | — | 0 | 12K |
| — | — | — | —% | ₹— | 780 | ₹— | —% | — | 0 | 775 |
| 8K | 0 | — | —% | ₹— | 800 | ₹— | —% | — | -775 | 5K |
| 3K | 0 | — | —% | ₹— | 840 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 860 | ₹— | —% | — | 0 | 26K |
| 2K | 0 | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 0 |
| 22K | -2K | — | —% | ₹— | 900 | ₹— | —% | — | +13K | 1.8 L |
| 5K | 0 | — | —% | ₹— | 920 | ₹— | —% | — | +7K | 39K |
| 72K | +775 | — | —% | ₹— | 940 | ₹— | —% | — | -775 | 1.8 L |
| 13K | 0 | — | —% | ₹— | 960 | ₹— | —% | — | +10K | 1.4 L |
| 1.8 L | -775 | — | —% | ₹— | 980 | ₹— | —% | — | -5K | 1.6 L |
| 2.6 L | -8K | — | —% | ₹— | 1,000 | ₹— | —% | — | -4K | 2.6 L |
| 1.9 L | +83K | — | —% | ₹— | 1,020 | ₹— | —% | — | +31K | 1.3 L |
| 3.6 L | +73K | — | —% | ₹— | 1,040 | ₹— | —% | — | +5K | 1.2 L |
| 2.1 L | +17K | — | —% | ₹— | 1,060 | ₹— | —% | — | +3K | 50K |
| 1.9 L | +34K | — | —% | ₹— | 1,080 | ₹— | —% | — | +7K | 12K |
| 5.2 L | +26K | — | —% | ₹— | 1,100ATM | ₹— | —% | — | +775 | 22K |
| 2.1 L | +13K | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 775 |
| 1.2 L | +71K | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 0 |
| 2.0 L | +23K | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 0 |
| 3.4 L | -8K | — | —% | ₹— | 1,200 | ₹— | —% | — | 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) map shows a pronounced pile‑up on the ₹1,100 call (5,20,800 contracts), acting as a strong resistance zone for the underlying. On the put side, the ₹1,000 strike accumulates 2,57,300 contracts, providing a solid support level. Together these two bands frame an implied price corridor of roughly ₹1,020 to ₹1,080 for the September 2026 expiry.
OI Buildup Activity
During the latest session, fresh OI adds materialise at the ₹1,020 call (+81,375), ₹1,040 call (+72,850) and ₹1,140 call (+71,300), indicating that option writers are expanding exposure around the upper‑mid range. On the downside, the ₹1,020 put registers an addition of 31,000 contracts, while the ₹900 put and ₹960 put gain 12,400 and 9,300 contracts respectively, suggesting incremental hedging near the support band. The pattern of additions reflects a balanced approach by market participants, with writers building positions both above and below the current spot of ₹1,037.
Volatility Read
The at‑the‑money implied volatility stands at 25.91 percent, signalling moderate expectations of future price movement. The volatility skew is bearing a bearish tilt, meaning out‑of‑the‑money puts are priced higher relative to calls, which typically points to a market bias toward downside protection.
Key OI Levels
The highest call OI concentrates at ₹1,100 (5,20,800 contracts) and the highest put OI at ₹1,000 (2,57,300 contracts).