Nippon Life India Asset Management Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 760 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 780 | ₹— | —% | — | -7K | 5K |
| 0 | 0 | — | —% | ₹— | 800 | ₹— | —% | — | -11K | 67K |
| 0 | 0 | — | —% | ₹— | 820 | ₹— | —% | — | +16K | 18K |
| 0 | 0 | — | —% | ₹— | 840 | ₹— | —% | — | +61K | 91K |
| 1K | 0 | — | —% | ₹— | 860 | ₹— | —% | — | +13K | 44K |
| 3K | +625 | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 39K |
| 1.1 L | +625 | — | —% | ₹— | 900 | ₹— | —% | — | +18K | 1.3 L |
| 58K | +14K | — | —% | ₹— | 920ATM | ₹— | —% | — | +2K | 2.7 L |
| 22K | +21K | — | —% | ₹— | 940 | ₹— | —% | — | 0 | 12K |
| 79K | +19K | — | —% | ₹— | 960 | ₹— | —% | — | -625 | 16K |
| 39K | -4K | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 8K |
| 1.5 L | +13K | — | —% | ₹— | 1,000 | ₹— | —% | — | 0 | 64K |
| 33K | -4K | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 3K |
| 1.1 L | -16K | — | —% | ₹— | 1,040 | ₹— | —% | — | 0 | 14K |
| 16K | +3K | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 2K |
| 4K | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 3K |
| 51K | +12K | — | —% | ₹— | 1,100 | ₹— | —% | — | +625 | 46K |
| 12K | +625 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 3K |
| 16K | 0 | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 12K |
| 8K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 0 |
| 22K | -2K | — | —% | ₹— | 1,180 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 1,200 | ₹— | —% | — | 0 | 625 |
| 13K | -5K | — | —% | ₹— | 1,240 | ₹— | —% | — | 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) profile clusters around the 920‑960 call band and the 820‑900 put band, suggesting a market‑implied range of roughly ₹850 to ₹980 for the underlying by the November expiry, with traders pricing in modest volatility. The highest call OI sits at the 1000 strike, acting as a resistance ceiling, while the largest put OI also resides at the 1000 strike, marking a support floor that has held historically. This symmetric concentration indicates that traders anticipate limited movement beyond these bounds given macro cues.
OI Buildup Activity
New call OI adds show 940 accumulating an extra 20,000 contracts, 960 gaining 19,375 contracts, and 920 receiving 15,625 contracts, reflecting fresh writer interest in the upper‑mid strike zone as portfolio rebalancing. On the put side, the 840 strike absorbs a sizable 60,000‑contract addition, followed by 900 with 16,875 contracts and 820 with 16,250 contracts, indicating aggressive positioning of sellers near the lower‑mid strikes as hedge ratios tighten. The pattern of simultaneous builds in both call and put clusters points to a balanced hedging approach among market participants ahead of the November expiry.
Volatility Read
The at‑the‑money implied volatility stands at 36.97%, signaling moderate premium levels for near‑term options. The volatility skew remains neutral, with no pronounced risk‑premia bias toward either the upside or downside strikes.
Key OI Levels
The 1000 strike leads both call (1,46,875 contracts) and put (63,750 contracts) open interest, representing the primary resistance and support pillars.