Motilal Oswal Financial Services Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 380 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 510 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 530 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹101.55 | 540 | ₹0.35 | —% | 35K | +11K | 27K |
| — | — | — | —% | ₹— | 550 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹85.30 | 560 | ₹9.40 | —% | — | — | — |
| — | — | — | —% | ₹77.65 | 570 | ₹11.70 | —% | — | — | — |
| 775 | 0 | 775 | —% | ₹239.75 | 580 | ₹0.30 | —% | — | 0 | 29K |
| — | — | — | —% | ₹63.50 | 590 | ₹0.70 | —% | — | 0 | 23K |
| 13K | -775 | 2K | —% | ₹222.80 | 600 | ₹0.40 | —% | 4K | 0 | 11K |
| — | — | — | —% | ₹51.05 | 610 | ₹0.40 | —% | 2K | 0 | 16K |
| 775 | -775 | 2K | —% | ₹199.95 | 620 | ₹0.40 | —% | 6K | 0 | 5K |
| 6K | 0 | — | —% | ₹191.00 | 630 | ₹0.40 | 85.8% | 3K | +775 | 12K |
| 2K | 0 | 775 | —% | ₹182.30 | 640 | ₹0.40 | 81.4% | 5K | -775 | 18K |
| 2K | +2K | — | —% | ₹168.25 | 650 | ₹0.50 | 80.0% | 18K | -12K | 81K |
| 6K | -775 | 2K | —% | ₹163.15 | 660 | ₹0.55 | 75.9% | 19K | 0 | 56K |
| 4K | 0 | 2K | —% | ₹153.20 | 670 | ₹0.70 | 72.9% | 10K | +2K | 6K |
| 1.3 L | 0 | 2K | —% | ₹144.00 | 680 | ₹0.45 | 68.0% | 78K | 0 | 2.7 L |
| 3K | 0 | — | 127.2% | ₹133.60 | 690 | ₹24.15 | 158.9% | — | +2K | 2K |
| 70K | -7K | 9K | —% | ₹123.00 | 700 | ₹0.75 | 61.4% | 1.2 L | +5K | 47K |
| 11K | 0 | — | 57.6% | ₹100.90 | 710 | ₹86.40 | 302.6% | — | — | — |
| 5K | 0 | — | —% | ₹75.05 | 720 | ₹0.75 | 56.8% | 1.4 L | -3K | 32K |
| 4K | 0 | — | 79.1% | ₹88.00 | 730 | ₹102.70 | 318.8% | — | — | — |
| 78K | 0 | — | —% | ₹66.75 | 740 | ₹1.10 | 50.3% | 3.5 L | +5K | 1.2 L |
| 69K | -8K | 9K | 45.0% | ₹75.05 | 750 | ₹1.40 | 49.4% | 9K | -2K | 40K |
| 57K | -4K | 6K | 41.3% | ₹74.55 | 760 | ₹2.20 | 48.2% | 1.1 L | +3K | 1.3 L |
| 8K | 0 | — | 63.0% | ₹52.45 | 770 | ₹2.80 | 47.3% | 6K | +775 | 7K |
| 62K | -43K | 98K | 40.9% | ₹55.45 | 780 | ₹4.25 | 47.0% | 52K | -17K | 1.1 L |
| 36K | -4K | 10K | 40.7% | ₹49.45 | 790 | ₹5.75 | 45.2% | 22K | -4K | 52K |
| 2.3 L | -12K | 1.1 L | 43.5% | ₹41.30 | 800ATM | ₹8.20 | 45.4% | 1.3 L | +24K | 1.8 L |
| 47K | -18K | 55K | 44.3% | ₹34.60 | 810 | ₹175.00 | 382.8% | — | — | — |
| 1.4 L | -1.4 L | 5.7 L | 44.4% | ₹28.35 | 820 | ₹14.60 | 44.8% | 87K | -22K | 100K |
| 1.3 L | -22K | 2.6 L | 44.5% | ₹22.80 | 830 | ₹26.90 | 31.0% | — | 0 | 775 |
| 1.6 L | -69K | 2.9 L | 44.5% | ₹17.75 | 840 | ₹25.00 | 47.4% | 2K | +2K | 8K |
| 61K | +19K | 99K | 46.5% | ₹14.50 | 850 | ₹31.00 | 45.8% | 5K | +4K | 4K |
| 1.4 L | +9K | 78K | 46.3% | ₹11.55 | 860 | ₹74.05 | 93.4% | — | 0 | 775 |
| 22K | +2K | 3K | 47.5% | ₹9.30 | 870 | ₹164.65 | 277.9% | — | — | — |
| 74K | +10K | 3.6 L | 47.5% | ₹6.85 | 880 | ₹64.75 | —% | — | 0 | 8K |
| 7K | +2K | 8K | 48.0% | ₹5.35 | 890 | ₹135.25 | 185.1% | — | — | — |
| 95K | +33K | 5.3 L | 47.9% | ₹3.80 | 900 | ₹83.00 | 55.3% | 775 | — | — |
| — | — | — | 2.6% | ₹— | 910 | ₹— | —% | — | — | — |
| 39K | +27K | 4.9 L | 48.5% | ₹2.00 | 920 | ₹282.35 | 460.3% | — | — | — |
| — | — | — | 3.1% | ₹— | 930 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 940 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 950 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 960 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 970 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 980 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 990 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,000 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 1,020 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 1,040 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 1,060 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 1,080 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,100 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 1,120 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance sits at ₹1000, anchored by peak call OI, while significant support clusters at ₹1000 put OI—indicating a psychological two-way barrier. The spot at ₹833.35 trades below key call buildup zones, suggesting overhead supply. Implied range expands from ₹800–₹920, framed by major OI concentrations.
OI Buildup Activity
Fresh long calls dominate at ₹900 and ₹920, signaling aggressive bullish positioning by call writers testing uncharted highs. The spike in call OI at ₹850 reflects short-term longs anticipating an upside breakout. On the put side, strong OI addition at ₹800 reveals put writers accumulating downside protection, while distant ₹540 adds suggest tail-risk hedging.
Volatility Read
ATM IV holds at 44.12%, reflecting elevated but stable premium levels amid neutral skew—indicating balanced fear/greed. Absence of skew extremity confirms traders aren’t favoring directional hedges, supporting range-bound volatility expectations.
Strategy Implication
Bias favors consolidation with asymmetric call buildup above spot, setting up for volatility expansion plays if momentum breaks ₹900.