Nuvama Wealth Management Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 640 | ₹— | 17.0% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 14.4% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 820 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 860 | ₹— | 10.5% | — | — | — |
| 7K | 0 | — | —% | ₹439.30 | 880 | ₹0.45 | —% | — | 0 | 2K |
| — | — | — | —% | ₹— | 900 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹369.05 | 920 | ₹9.75 | —% | — | — | — |
| — | — | — | —% | ₹— | 940 | ₹— | 8.5% | — | — | — |
| 3K | 0 | — | —% | ₹401.70 | 960 | ₹0.50 | —% | 2K | -500 | 9K |
| — | — | — | —% | ₹316.15 | 980 | ₹0.40 | —% | 11K | -1K | 9K |
| 6K | 0 | — | —% | ₹287.55 | 1,000 | ₹0.40 | —% | 30K | +2K | 52K |
| 500 | 0 | — | —% | ₹329.55 | 1,020 | ₹1.90 | —% | — | 0 | 500 |
| 1K | +1K | — | —% | ₹126.70 | 1,040 | ₹0.40 | 83.9% | 500 | 0 | 25K |
| 7K | 0 | — | —% | ₹110.60 | 1,060 | ₹0.35 | 76.7% | — | 0 | 44K |
| 2K | 0 | — | —% | ₹84.00 | 1,080 | ₹0.85 | 80.8% | — | 0 | 21K |
| 11K | 0 | — | —% | ₹256.00 | 1,100 | ₹0.85 | 76.2% | 3K | 0 | 83K |
| 7K | 0 | — | 65.3% | ₹261.90 | 1,120 | ₹0.70 | 71.7% | 6K | -3K | 28K |
| 11K | 0 | — | —% | ₹207.70 | 1,140 | ₹0.95 | 69.3% | 2.3 L | -2K | 16K |
| 21K | 0 | — | 55.9% | ₹222.00 | 1,160 | ₹0.95 | 64.1% | 5.4 L | +1K | 21K |
| 20K | 0 | — | —% | ₹157.30 | 1,180 | ₹1.45 | 60.1% | — | 0 | 31K |
| 59K | 0 | 500 | 53.4% | ₹185.40 | 1,200 | ₹1.15 | 55.5% | 2.3 L | -4K | 70K |
| 13K | 0 | — | 87.6% | ₹175.35 | 1,220 | ₹2.10 | 53.1% | — | 0 | 29K |
| 10K | 0 | — | 48.6% | ₹144.00 | 1,240 | ₹3.00 | 51.3% | — | 0 | 22K |
| 21K | 0 | — | 66.6% | ₹132.85 | 1,260 | ₹3.90 | 49.2% | — | 0 | 26K |
| 8K | 0 | — | 78.0% | ₹123.45 | 1,280 | ₹3.45 | 44.4% | 1K | 0 | 18K |
| 100K | -4K | 9K | 31.9% | ₹94.30 | 1,300ATM | ₹4.75 | 41.4% | 17K | +3K | 95K |
| 99K | 0 | 500 | 34.3% | ₹68.00 | 1,320 | ₹13.00 | 46.3% | — | 0 | 40K |
| 23K | -4K | 6K | 37.0% | ₹61.00 | 1,340 | ₹11.00 | 39.0% | 8K | +2K | 32K |
| 52K | 0 | 7K | 33.0% | ₹45.25 | 1,360 | ₹15.00 | 36.6% | 8K | +4K | 35K |
| 70K | +2K | 40K | 32.6% | ₹30.90 | 1,380 | ₹22.45 | 36.6% | 24K | +1K | 29K |
| 94K | +4K | 31K | 33.6% | ₹22.75 | 1,400 | ₹33.30 | 37.4% | 9K | +3K | 54K |
| 25K | -1K | 15K | 32.8% | ₹14.35 | 1,420 | ₹45.20 | 37.4% | 5K | +1K | 7K |
| 57K | -2K | 24K | 33.0% | ₹8.65 | 1,440 | ₹245.60 | 269.0% | — | +1K | 1K |
| 3K | 0 | — | 38.8% | ₹6.75 | 1,460 | ₹213.40 | 212.4% | — | — | — |
| 1.9 L | +4K | 2.0 L | 35.1% | ₹3.80 | 1,480 | ₹78.00 | —% | — | 0 | 1K |
| — | — | — | 101.3% | ₹37.25 | 1,500 | ₹114.30 | 34.4% | 2K | — | — |
| 85K | +500 | 86K | 37.7% | ₹1.65 | 1,520 | ₹162.00 | 88.8% | — | 0 | 1K |
| — | — | — | 2.4% | ₹— | 1,540 | ₹— | —% | — | — | — |
| — | — | — | 126.3% | ₹39.90 | 1,560 | ₹310.80 | 251.8% | — | — | — |
| — | — | — | 3.0% | ₹— | 1,580 | ₹— | —% | — | — | — |
| — | — | — | 129.1% | ₹33.45 | 1,600 | ₹343.75 | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 1,620 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,640 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 1,660 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,680 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 1,700 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 1,720 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 1,740 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 1,760 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,880 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Support holds firm at 1300, backed by 95,000 PE OI, signaling strong put writer conviction. Resistance clusters at 1480, where CE OI peaks at 1.9 lakh contracts, marking a key supply zone. The implied range balances between 1300–1480, with 1380–1400 acting as immediate pivot zones.
OI Buildup Activity
Fresh longs emerge in 1400 CE (+3,000) and 1380 CE (+1,500), indicating call writers are establishing short positions ahead of spot advance. Notably, 1480 CE sees fresh OI addition (+1,500), suggesting writers anticipate capped upside. On the put side, 1360 PE gains +3,500 OI, while 1300 PE attracts +2,500, showing long put accumulation for downside protection.
Volatility Read
ATM IV at 32.64% reflects elevated near-term risk pricing, supporting premium-rich options. Bearish skew—driven by higher PE OI growth and stronger put buying—signals defensive posture amid upside hesitation.
Strategy Implication
Bias leans cautious with preference for premium collection near resistance and protective structures below 1360.