Multi Commodity Exchange of India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | +225 | — | —% | ₹— | 2,300 | ₹— | —% | — | -225 | 13K |
| 11K | +3K | — | —% | ₹— | 2,400 | ₹— | —% | — | 0 | 15K |
| 22K | +3K | — | —% | ₹— | 2,500 | ₹— | —% | — | -6K | 92K |
| 1K | 0 | — | —% | ₹— | 2,550 | ₹— | —% | — | +450 | 2K |
| 25K | 0 | — | —% | ₹— | 2,600 | ₹— | —% | — | -1K | 74K |
| 3K | 0 | — | —% | ₹— | 2,650 | ₹— | —% | — | 0 | 900 |
| 37K | 0 | — | —% | ₹— | 2,700 | ₹— | —% | — | +4K | 1.6 L |
| 12K | 0 | — | —% | ₹— | 2,750 | ₹— | —% | — | 0 | 22K |
| 39K | -225 | — | —% | ₹— | 2,800 | ₹— | —% | — | -11K | 1.3 L |
| 5K | 0 | — | —% | ₹— | 2,850 | ₹— | —% | — | +5K | 65K |
| 2.7 L | -37K | — | —% | ₹— | 2,900 | ₹— | —% | — | -21K | 3.5 L |
| 18K | 0 | — | —% | ₹— | 2,950 | ₹— | —% | — | -13K | 68K |
| 3.2 L | -6K | — | —% | ₹— | 3,000 | ₹— | —% | — | +22K | 6.1 L |
| 26K | 0 | — | —% | ₹— | 3,050 | ₹— | —% | — | +8K | 1.2 L |
| 2.0 L | +4K | — | —% | ₹— | 3,100 | ₹— | —% | — | +1K | 4.2 L |
| 1.7 L | +2K | — | —% | ₹— | 3,150 | ₹— | —% | — | +42K | 2.0 L |
| 5.2 L | -51K | — | —% | ₹— | 3,200 | ₹— | —% | — | -25K | 4.8 L |
| 3.7 L | +45K | — | —% | ₹— | 3,250 | ₹— | —% | — | +89K | 3.1 L |
| 8.9 L | -6K | — | —% | ₹— | 3,300ATM | ₹— | —% | — | +32K | 4.8 L |
| 5.9 L | -2.0 L | — | —% | ₹— | 3,350 | ₹— | —% | — | +7K | 1.5 L |
| 7.6 L | -97K | — | —% | ₹— | 3,400 | ₹— | —% | — | +5K | 3.2 L |
| 1.7 L | -41K | — | —% | ₹— | 3,450 | ₹— | —% | — | -225 | 40K |
| 8.7 L | +1.1 L | — | —% | ₹— | 3,500 | ₹— | —% | — | +3K | 75K |
| 1.1 L | -10K | — | —% | ₹— | 3,550 | ₹— | —% | — | 0 | 32K |
| 3.5 L | -11K | — | —% | ₹— | 3,600 | ₹— | —% | — | 0 | 47K |
| 36K | +32K | — | —% | ₹— | 3,650 | ₹— | —% | — | 0 | 450 |
| 2.1 L | -20K | — | —% | ₹— | 3,700 | ₹— | —% | — | 0 | 8K |
| 1.8 L | +29K | — | —% | ₹— | 3,800 | ₹— | —% | — | 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) landscape clusters around the 3,250‑3,300 ₹ band, with the highest put OI (2,000 contracts) forming a clear support zone near 3,250 ₹ and the highest call OI (2,000 contracts) establishing resistance around 3,300 ₹. The spot price sits at 3,275.4 ₹, essentially midway between these two concentration zones, suggesting an implied trading range bounded by 3,250 ₹ – 3,300 ₹ for the September expiry. The ATM implied volatility of 33.15 % reinforces a moderate‑to‑high expectation of price movement within this corridor.
OI Buildup Activity
During the latest data window, fresh call OI accumulates at 3,500 ₹ (+1,14,975 contracts), 3,250 ₹ (+46,125 contracts) and 3,650 ₹ (+31,725 contracts), indicating that writers are positioning for upside risk above the current spot. On the put side, new OI appears at 3,250 ₹ (+90,450 contracts), 3,150 ₹ (+40,950 contracts) and 3,300 ₹ (+32,625 contracts), reflecting defensive positioning just below the spot level. The net effect is a balanced inflow of both call and put writers, with a modest tilt toward higher strikes on the call side and lower strikes on the put side.
Volatility Read
The ATM implied volatility rests at 33.15 %, pointing to a relatively elevated expectation of price swings as expiry approaches. The volatility skew is bearish, meaning out‑of‑the‑money puts are priced higher than calls, consistent with market bias toward downside risk.
Key OI Levels
The highest call OI sits at 3,300 ₹ (2,000 contracts) and the highest put OI at 3,250 ₹ (2,000 contracts).