Muthoot Finance Limited

NSE: MUTHOOTFINFinancial ServicesLot size: 275

Muthoot Finance Limited Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
53.1 L
Total PE OI
27.3 L
PCR
0.51Bearish
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
00%2,400%0550
%2,450%-27522K
6K0%2,500%+1K62K
5500%2,550%
5K0%2,600%-2K83K
1K+1K%2,650%+7K37K
14K+1K%2,700%+27K1.4 L
2K+825%2,750%-5K43K
40K+275%2,800%+11K3.2 L
29K+550%2,850%-2K1.8 L
2.2 L+31K%2,900%-11K4.5 L
3.3 L+33K%2,950%-5501.7 L
6.2 L+72K%3,000%-3K3.8 L
4.9 L+825%3,050%+5501.0 L
8.4 L+80K%3,100ATM%+6K3.4 L
2.1 L+1K%3,150%-82574K
7.4 L+40K%3,200%+8251.4 L
3.2 L+10K%3,250%+55064K
5.6 L+17K%3,300%+82567K
98K+5K%3,350%02K
2.9 L+5K%3,400%014K
2K0%3,450%00
3.0 L+7K%3,500%025K
1.5 L-3K%3,600%013K
56K-5K%3,700%08K

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

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Key Strike Levels

The open‑interest (OI) profile shows a clear concentration around the ₹3,100 Call and the ₹2,700 Put strikes, each housing roughly 1,400 contracts, suggesting a strong resistance‑support band. The implied price corridor, derived from the ATM IV of 28.75 %, spans roughly ₹2,800 – ₹3,200, aligning with the clustered OI. Consequently, market participants appear to be anchoring their expectations within this range as expiry approaches on 29 Sept 2026.

OI Buildup Activity

During the latest session, fresh OI accumulates at the ₹3,100 Call (+78,375 contracts) and the ₹3,000 Call (+72,050 contracts), indicating that option writers are taking on additional short‑call exposure near the upper bound of the range. On the downside, the ₹2,700 Put registers a sizable increase of 26,950 contracts, while the ₹2,800 and ₹2,650 Puts add 10,450 and 6,875 contracts respectively, reflecting growing short‑put positions around the lower boundary. These additions reinforce the existing OI clusters and suggest that market makers are positioning to manage delta exposure as the underlying trades near the identified resistance and support levels.

Volatility Read

The at‑the‑money implied volatility stands at 28.75 %, implying moderate price dispersion for the remaining days to expiry. The volatility skew is bearish, meaning out‑of‑the‑money calls carry relatively lower IV than equivalent puts, which typically signals market bias toward a softer underlying.

Key OI Levels

The highest Call OI sits at the ₹3,100 strike, while the highest Put OI concentrates at the ₹2,700 strike.

Frequently Asked Questions

What is the highest call OI strike for Muthoot Finance Limited today?
The strike with highest call (CE) open interest for Muthoot Finance Limited is ₹3,100 for the 2026-09-29 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 Muthoot Finance Limited today?
The strike with highest put (PE) open interest for Muthoot Finance Limited is ₹2,900 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Muthoot Finance Limited options mean?
Open Interest (OI) buildup in Muthoot Finance 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 Muthoot Finance Limited options expire?
Muthoot Finance Limited options have their nearest expiry on 2026-09-29. 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 Muthoot Finance Limited option chain?
The Muthoot Finance 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.