Nippon Life India Asset Management Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 38K |
| 1K | +625 | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | +3K | 33K |
| 0 | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 24K |
| 16K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | +3K | 1.5 L |
| 0 | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 10K |
| 3K | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | -625 | 70K |
| 58K | +11K | — | —% | ₹— | 1,160 | ₹— | —% | — | +4K | 1.6 L |
| 2.2 L | +33K | — | —% | ₹— | 1,180 | ₹— | —% | — | +9K | 2.0 L |
| 2.1 L | +41K | — | —% | ₹— | 1,200 | ₹— | —% | — | +1K | 2.3 L |
| 83K | +4K | — | —% | ₹— | 1,220 | ₹— | —% | — | -2K | 18K |
| 1.0 L | -8K | — | —% | ₹— | 1,240 | ₹— | —% | — | -1K | 56K |
| 1.6 L | +34K | — | —% | ₹— | 1,260 | ₹— | —% | — | 0 | 33K |
| 41K | +625 | — | —% | ₹— | 1,280 | ₹— | —% | — | 0 | 0 |
| 6.6 L | -31K | — | —% | ₹— | 1,300ATM | ₹— | —% | — | 0 | 4K |
| 97K | -14K | — | —% | ₹— | 1,320 | ₹— | —% | — | 0 | 2K |
| 21K | 0 | — | —% | ₹— | 1,340 | ₹— | —% | — | 0 | 6K |
| 41K | +3K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 3K |
| 24K | 0 | — | —% | ₹— | 1,380 | ₹— | —% | — | 0 | 4K |
| 62K | -1K | — | —% | ₹— | 1,400 | ₹— | —% | — | 0 | 625 |
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) picture clusters around the 1180‑1250 corridor for calls and the 1100‑1170 band for puts. The highest call OI sits at the 625‑strike, acting as a short‑term resistance, while the largest put OI aggregates at the 37,500‑strike, providing a clear support zone. Given the current spot of ₹1,159.9, the market’s implied price range for the September expiry stretches from roughly ₹1,130 to ₹1,260, bounded by the dense OI pockets.
OI Buildup Activity
During the latest trading session, fresh call OI inflows appear at ₹1,200 (+43,750), ₹1,260 (+35,000) and ₹1,180 (+32,500), indicating that option writers are stacking positions near the upper end of the range. On the put side, new OI accumulates at ₹1,180 (+9,375), ₹1,160 (+4,375) and ₹1,100 (+3,125), suggesting that writers are reinforcing downside protection around the lower boundary. The disparity in volume between call and put additions reflects a skewed sentiment toward the upside, yet the overall OI buildup remains balanced across the identified support‑resistance band.
Volatility Read
The at‑the‑money implied volatility stands at 28.64 percent, denoting moderate pricing of forward risk for the September contract. The volatility skew is bearish, with out‑of‑the‑money calls priced cheaper relative to puts, consistent with the heavier put OI at the support strike.
Key OI Levels
The most concentrated open‑interest resides at the 625‑strike for calls and the 37,500‑strike for puts.