NHPC Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 40 | ₹— | 16.2% | — | — | — |
| — | — | — | —% | ₹— | 42 | ₹— | 15.1% | — | — | — |
| — | — | — | —% | ₹— | 44 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 46 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 48 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 50 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 51 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 52 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 53 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 54 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 55 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 56 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 57 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 58 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 59 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹16.54 | 60 | ₹0.49 | —% | — | — | — |
| — | — | — | —% | ₹— | 61 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹14.81 | 62 | ₹0.03 | —% | — | 0 | 1.8 L |
| — | — | — | —% | ₹— | 63 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹13.16 | 64 | ₹0.02 | 77.3% | 2.9 L | -38K | 5.9 L |
| — | — | — | —% | ₹12.19 | 65 | ₹0.05 | 80.9% | — | 0 | 8.1 L |
| 13K | 0 | — | —% | ₹15.15 | 66 | ₹0.02 | 67.7% | — | 0 | 1.5 L |
| — | — | — | —% | ₹10.55 | 67 | ₹0.03 | 67.2% | — | 0 | 2.4 L |
| — | — | — | —% | ₹10.15 | 68 | ₹0.05 | 67.9% | — | 0 | 9.2 L |
| 26K | 0 | — | —% | ₹14.09 | 69 | ₹0.04 | 61.6% | — | 0 | 4.5 L |
| 83K | 0 | — | —% | ₹12.45 | 70 | ₹0.04 | 60.2% | 51K | -6K | 15.7 L |
| 19K | 0 | — | —% | ₹11.17 | 71 | ₹0.07 | 58.3% | — | 0 | 9.0 L |
| 26K | 0 | — | —% | ₹8.57 | 72 | ₹0.07 | 55.2% | 83K | -38K | 3.9 L |
| 2.0 L | 0 | 6K | —% | ₹11.35 | 73 | ₹0.09 | 52.5% | 26K | +13K | 3.6 L |
| 5.5 L | 0 | — | —% | ₹8.27 | 74 | ₹0.10 | 50.7% | 96K | 0 | 5.4 L |
| 11.5 L | 0 | — | —% | ₹7.87 | 75 | ₹0.15 | 49.2% | 6.5 L | -90K | 13.8 L |
| 10.8 L | -38K | 83K | —% | ₹7.70 | 76 | ₹0.18 | 46.4% | 7.7 L | -1.9 L | 18.9 L |
| 16.5 L | -58K | 2.4 L | 25.6% | ₹6.27 | 77 | ₹0.22 | 42.8% | 6.5 L | -3.3 L | 52.7 L |
| 18.8 L | -77K | 1.7 L | 28.6% | ₹5.33 | 78 | ₹0.29 | 40.8% | 16.9 L | +3.8 L | 39.4 L |
| 15.1 L | +6K | 58K | 25.5% | ₹5.17 | 79 | ₹0.37 | 38.4% | 4.5 L | -2.0 L | 14.3 L |
| 30.9 L | -2.0 L | 8.8 L | 30.3% | ₹3.75 | 80 | ₹0.50 | 36.8% | 27.6 L | -9.5 L | 18.9 L |
| 8.6 L | -1.3 L | 3.1 L | 30.0% | ₹2.97 | 81 | ₹0.75 | 35.9% | 6.5 L | -1.2 L | 6.5 L |
| 15.0 L | +1.0 L | 15.7 L | 29.9% | ₹2.12 | 82 | ₹0.98 | 34.2% | 16.6 L | -26K | 9.9 L |
| 15.1 L | -4.9 L | 26.0 L | 30.3% | ₹1.64 | 83 | ₹1.45 | 34.4% | 11.5 L | -70K | 9.3 L |
| 15.6 L | +83K | 34.9 L | 30.1% | ₹1.16 | 84 | ₹1.95 | 33.1% | 16.2 L | +4.5 L | 6.1 L |
| 33.7 L | -2.1 L | 92.4 L | 31.0% | ₹0.82 | 85 | ₹2.65 | 34.6% | 3.0 L | -13K | 8.0 L |
| 17.9 L | +1.8 L | 27.5 L | 31.6% | ₹0.54 | 86 | ₹3.84 | 45.9% | — | 0 | 32K |
| 3.3 L | +2.0 L | 4.3 L | 33.6% | ₹0.40 | 87 | ₹11.51 | 196.8% | — | — | — |
| 16.3 L | +3.3 L | 21.0 L | 33.7% | ₹0.26 | 88 | ₹5.45 | 48.8% | — | 0 | 58K |
| 58K | +45K | 58K | 34.9% | ₹0.29 | 89 | ₹13.18 | 205.4% | — | — | — |
| 70.8 L | -8.3 L | 58.9 L | 37.8% | ₹0.15 | 90ATM | ₹7.06 | 46.9% | 51K | -6K | 1.9 L |
| 13K | 0 | — | 39.9% | ₹0.13 | 91 | ₹14.92 | 214.4% | — | — | — |
| 6.0 L | +1.2 L | 1.7 L | 39.8% | ₹0.11 | 92 | ₹9.92 | 84.1% | — | 0 | 19K |
| — | — | — | 67.6% | ₹0.54 | 93 | ₹16.71 | 223.6% | — | — | — |
| — | — | — | 84.2% | ₹0.88 | 94 | ₹18.30 | 242.7% | — | — | — |
| — | — | — | 70.2% | ₹0.40 | 95 | ₹18.54 | 232.7% | — | — | — |
| — | — | — | 86.8% | ₹0.70 | 96 | ₹20.09 | 250.7% | — | — | — |
| — | — | — | 72.3% | ₹0.29 | 97 | ₹20.41 | 242.0% | — | — | — |
| — | — | — | 3.6% | ₹— | 98 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 99 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 100 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 101 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 102 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 103 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 104 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 105 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 106 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 107 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 108 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 110 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 112 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 114 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 116 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 118 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 120 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Strong resistance forms at ₹100, where call open interest peaks, indicating heavy writer presence capping upside. Immediate support clusters at ₹100 put strike, showing entrenched put writers defending that floor. The implied range is currently boxed between ₹84 and ₹88, based on fresh concentration in nearby OTM options.
OI Buildup Activity
Bullish sentiment emerges with fresh long calls building at ₹88 (+3.33 lakh contracts), followed by significant long adds at ₹87 and ₹86, suggesting aggressive call buying ahead of spot. On the put side, ₹84 sees the largest OI addition (+4.54 lakh), signaling defensive long put positions as near-term downside hedge. Additional long put accumulation at ₹78 and ₹73 hints at tail-risk protection, though not yet reflecting immediate bearish conviction.
Volatility Read
ATM implied volatility holds at 30.38%, indicating elevated premium levels consistent with event-pricing or sector-wide volatility. Neutral skew reinforces two-way risk sentiment, with no pronounced fear or euphoria dominating the book.
Strategy Implication
Bias leans sideways-to-moderately bullish with defined boundaries, favoring range-based structures as writers test resistance and fresh longs position ahead of momentum.