Multi Commodity Exchange of India Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
83.8 L
Total PE OI
72.3 L
PCR
0.86
Neutral
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,200 | ₹— | 19.2% | — | — | — |
| — | — | — | —% | ₹— | 1,300 | ₹— | 17.4% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 15.8% | — | — | — |
| — | — | — | —% | ₹— | 1,500 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 1,600 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 1,700 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 1,750 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹767.75 | 1,800 | ₹12.95 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,850 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 1,900 | ₹— | 9.1% | — | — | — |
| 4K | 0 | — | —% | ₹809.00 | 1,940 | ₹0.40 | —% | 6K | +625 | 63K |
| — | — | — | —% | ₹— | 1,950 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 1,960 | ₹0.75 | —% | — | 0 | 12K |
| 3K | 0 | — | —% | ₹450.85 | 1,980 | ₹0.50 | —% | 625 | 0 | 6K |
| 11K | 0 | — | —% | ₹592.00 | 2,000 | ₹0.75 | —% | 8K | -3K | 1.6 L |
| — | — | — | —% | ₹— | 2,020 | ₹6.40 | —% | — | 0 | 10K |
| 6K | 0 | — | —% | ₹310.00 | 2,040 | ₹0.55 | —% | — | 0 | 64K |
| — | — | — | —% | ₹— | 2,050 | ₹— | 7.4% | — | — | — |
| 1K | 0 | — | —% | ₹414.25 | 2,060 | ₹7.50 | —% | — | 0 | 8K |
| — | — | — | —% | ₹— | 2,080 | ₹1.00 | —% | — | 0 | 9K |
| 14K | -625 | 3K | —% | ₹735.00 | 2,100 | ₹0.80 | —% | 11K | +6K | 1.8 L |
| 10K | -625 | 1K | —% | ₹713.95 | 2,120 | ₹1.20 | —% | — | 0 | 11K |
| — | — | — | —% | ₹— | 2,140 | ₹1.00 | —% | — | 0 | 5K |
| — | — | — | —% | ₹289.35 | 2,150 | ₹37.95 | —% | — | — | — |
| 625 | 0 | — | —% | ₹299.00 | 2,160 | ₹0.75 | —% | 10K | 0 | 79K |
| — | — | — | —% | ₹— | 2,180 | ₹1.05 | —% | — | 0 | 19K |
| 1.2 L | -3K | 3K | —% | ₹620.00 | 2,200 | ₹1.75 | 84.3% | 84K | -20K | 2.7 L |
| — | — | — | —% | ₹— | 2,220 | ₹2.25 | 84.2% | 625 | 0 | 14K |
| 4K | 0 | — | —% | ₹237.60 | 2,240 | ₹4.65 | —% | — | 0 | 9K |
| 1K | 0 | — | —% | ₹242.40 | 2,250 | ₹4.05 | 90.7% | — | 0 | 15K |
| 9K | 0 | — | —% | ₹247.55 | 2,260 | ₹1.90 | 77.5% | 625 | 0 | 43K |
| 18K | 0 | — | —% | ₹462.70 | 2,280 | ₹2.65 | 78.6% | 625 | 0 | 13K |
| 62K | 0 | 625 | —% | ₹534.00 | 2,300 | ₹1.75 | 72.5% | 1.1 L | +2K | 3.5 L |
| 25K | 0 | — | —% | ₹264.00 | 2,320 | ₹1.50 | 67.3% | 1K | +625 | 31K |
| 26K | 0 | — | —% | ₹343.60 | 2,340 | ₹2.35 | 70.9% | 625 | 0 | 50K |
| — | — | — | —% | ₹159.10 | 2,350 | ₹2.00 | 67.4% | 26K | -4K | 31K |
| 18K | 0 | — | —% | ₹502.00 | 2,360 | ₹3.00 | 71.0% | — | 0 | 37K |
| 24K | 0 | — | —% | ₹450.45 | 2,380 | ₹2.80 | 65.5% | 2K | -625 | 1.2 L |
| 2.0 L | +625 | 6K | 43.6% | ₹437.00 | 2,400 | ₹2.20 | 62.4% | 2.1 L | -14K | 6.5 L |
| 73K | 0 | 625 | 67.5% | ₹428.00 | 2,420 | ₹2.60 | 61.4% | 8K | -1K | 77K |
| 82K | 0 | — | 79.6% | ₹435.00 | 2,440 | ₹4.65 | 65.4% | — | 0 | 2.0 L |
| 36K | -625 | 2K | 48.9% | ₹400.20 | 2,450 | ₹3.40 | 58.7% | 16K | 0 | 57K |
| 1.2 L | 0 | — | 87.6% | ₹422.30 | 2,460 | ₹5.65 | 65.0% | — | 0 | 59K |
| 80K | 0 | — | 69.0% | ₹392.65 | 2,480 | ₹4.30 | 55.6% | 13K | 0 | 96K |
| 2.7 L | -11K | 15K | —% | ₹340.00 | 2,500 | ₹4.05 | 55.3% | 4.9 L | -95K | 8.0 L |
| 53K | 0 | — | 69.8% | ₹357.00 | 2,520 | ₹6.65 | 59.5% | — | 0 | 54K |
| 1.4 L | -1K | 3K | —% | ₹305.00 | 2,540 | ₹5.15 | 52.6% | 23K | +625 | 1.2 L |
| 44K | 0 | — | —% | ₹306.00 | 2,550 | ₹5.60 | 51.7% | 24K | 0 | 81K |
| 1.4 L | -4K | 4K | 54.1% | ₹288.15 | 2,560 | ₹6.10 | 50.4% | 25K | +625 | 1.2 L |
| 69K | 0 | — | 68.1% | ₹296.00 | 2,580 | ₹6.90 | 50.2% | 19K | -9K | 46K |
| 2.5 L | -3K | 14K | 35.7% | ₹254.00 | 2,600 | ₹8.30 | 49.3% | 2.6 L | -14K | 4.9 L |
| 79K | 0 | — | 53.5% | ₹257.10 | 2,620 | ₹9.40 | 47.7% | 43K | -6K | 1.0 L |
| 70K | 0 | — | 53.0% | ₹239.55 | 2,640 | ₹10.95 | 46.6% | 34K | +8K | 93K |
| 1.2 L | 0 | — | 49.4% | ₹227.90 | 2,650 | ₹11.60 | 45.8% | 68K | -15K | 1.6 L |
| 85K | 0 | 3K | 43.7% | ₹193.00 | 2,660 | ₹12.85 | 45.9% | 78K | -40K | 1.2 L |
| 84K | -1K | 6K | 45.9% | ₹178.35 | 2,680 | ₹16.55 | 44.6% | 35K | +625 | 90K |
| 4.7 L | -16K | 77K | 37.6% | ₹164.00 | 2,700ATM | ₹18.05 | 43.7% | 6.3 L | -12K | 7.2 L |
| 43K | 0 | 3K | 40.1% | ₹142.05 | 2,720 | ₹21.65 | 43.0% | 1.2 L | 0 | 1.0 L |
| 40K | 0 | 625 | 39.1% | ₹126.40 | 2,740 | ₹— | —% | — | — | — |
| 46K | 0 | 12K | 38.6% | ₹117.85 | 2,750 | ₹28.15 | 42.2% | 2.4 L | +23K | 1.6 L |
| 41K | +7K | 27K | 37.8% | ₹110.25 | 2,760 | ₹30.85 | 41.9% | 1.7 L | +17K | 92K |
| 66K | +14K | 56K | 37.5% | ₹103.10 | 2,780 | ₹36.50 | 41.3% | 1.9 L | -625 | 79K |
| 7.1 L | +45K | 9.0 L | 38.4% | ₹89.00 | 2,800 | ₹44.05 | 41.4% | 11.4 L | +56K | 4.6 L |
| 60K | +26K | 2.0 L | 39.1% | ₹78.50 | 2,820 | ₹— | —% | — | — | — |
| 1.3 L | +68K | 4.4 L | 38.2% | ₹65.80 | 2,840 | ₹— | —% | — | — | — |
| 4.0 L | +77K | 7.5 L | 38.3% | ₹61.55 | 2,850 | ₹66.85 | 40.9% | 7.1 L | +19K | 3.1 L |
| 1.7 L | +11K | 1.3 L | 38.7% | ₹57.25 | 2,860 | ₹— | —% | — | — | — |
| 2.4 L | +14K | 1.7 L | 38.6% | ₹48.80 | 2,880 | ₹— | —% | — | — | — |
| 9.6 L | +93K | 13.6 L | 38.8% | ₹40.90 | 2,900 | ₹94.15 | 40.8% | 2.4 L | +4K | 1.9 L |
| 99K | +23K | 1.9 L | 38.9% | ₹34.60 | 2,920 | ₹107.50 | 41.5% | 21K | +1K | 19K |
| 1.6 L | +26K | 2.2 L | 39.4% | ₹26.30 | 2,950 | ₹127.45 | 41.3% | 14K | -3K | 18K |
| 91K | +3K | 81K | 39.1% | ₹23.75 | 2,960 | ₹— | —% | — | — | — |
| 7.8 L | -34K | 10.7 L | 39.8% | ₹16.30 | 3,000 | ₹172.55 | 39.4% | 14K | -4K | 43K |
| 4.6 L | +33K | 4.2 L | 41.2% | ₹10.40 | 3,050 | ₹650.25 | 330.6% | — | — | — |
| 4.4 L | -79K | 4.7 L | 41.9% | ₹6.20 | 3,100 | ₹256.00 | 56.8% | — | 0 | 5K |
| — | — | — | 2.1% | ₹— | 3,150 | ₹— | —% | — | — | — |
| 3.4 L | -40K | 3.3 L | 44.3% | ₹2.50 | 3,200 | ₹770.75 | 343.6% | — | — | — |
| — | — | — | 2.8% | ₹— | 3,250 | ₹— | —% | — | — | — |
| 2.6 L | -1K | 1.6 L | 49.0% | ₹1.35 | 3,300 | ₹425.00 | —% | — | 0 | 625 |
| — | — | — | 3.5% | ₹— | 3,350 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 3,400 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 3,450 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 3,500 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 3,550 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 3,600 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 3,700 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 3,800 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 3,900 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 4,000 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 4,100 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Immediate resistance rests at ₹2900, where fresh long calls signal aggressive call writing. Strong support emerges at ₹2800, backed by substantial put OI buildup. The implied range, anchored by ₹2850 and ₹2800 as pivotal levels, suggests near-term consolidation between ₹2800–₹2900.
OI Buildup Activity
Fresh longs in 2900 CE (+94,375) and 2850 CE (+78,750) reflect bullish conviction, but may attract short covering pressure higher up. On the put side, writers are accumulating at 2800 PE (+55,000), reinforcing floor defense. Notably, 2850 PE also sees OI addition (+19,375), indicating two-way activity at this confluent level.
Volatility Read
ATM IV holds at elevated 38.12%, suggesting sustained premium and event risk priced in. Neutral skew implies balanced fear/greed, with no pronounced bias toward puts or calls.
Strategy Implication
Range-bound positioning favors strategies capitalizing on two-way tests of ₹2800–₹2900 with short premium at edges.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Multi Commodity Exchange of India Limited today?▾
The strike with highest call (CE) open interest for Multi Commodity Exchange of India Limited is ₹2,900 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Multi Commodity Exchange of India Limited today?▾
The strike with highest put (PE) open interest for Multi Commodity Exchange of India Limited is ₹2,500 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Multi Commodity Exchange of India Limited options mean?▾
Open Interest (OI) buildup in Multi Commodity Exchange of India Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Multi Commodity Exchange of India Limited options expire?▾
Multi Commodity Exchange of India Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Multi Commodity Exchange of India Limited option chain?▾
The Multi Commodity Exchange of India Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.