Oil & Natural Gas Corporation Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 2K | 0 | — | —% | ₹— | 185 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 190 | ₹— | —% | — | +45K | 1.6 L |
| 2K | 0 | — | —% | ₹— | 195 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 197.5 | ₹— | —% | — | +29K | 29K |
| 45K | +11K | — | —% | ₹— | 200 | ₹— | —% | — | +1.5 L | 5.4 L |
| 0 | 0 | — | —% | ₹— | 202.5 | ₹— | —% | — | +25K | 32K |
| 0 | 0 | — | —% | ₹— | 205 | ₹— | —% | — | +81K | 1.4 L |
| 0 | 0 | — | —% | ₹— | 207.5 | ₹— | —% | — | +45K | 1.1 L |
| 7K | 0 | — | —% | ₹— | 210 | ₹— | —% | — | +45K | 7.6 L |
| 0 | 0 | — | —% | ₹— | 212.5 | ₹— | —% | — | +77K | 1.6 L |
| 7K | 0 | — | —% | ₹— | 215 | ₹— | —% | — | +2.3 L | 4.9 L |
| 2.2 L | +11K | — | —% | ₹— | 217.5 | ₹— | —% | — | +45K | 2.9 L |
| 11.6 L | +1.1 L | — | —% | ₹— | 220 | ₹— | —% | — | +45K | 43.2 L |
| 1.4 L | +63K | — | —% | ₹— | 222.5 | ₹— | —% | — | +41K | 3.7 L |
| 17.9 L | +5.6 L | — | —% | ₹— | 225 | ₹— | —% | — | +4.3 L | 18.3 L |
| 10.4 L | +4.3 L | — | —% | ₹— | 227.5 | ₹— | —% | — | +41K | 5.7 L |
| 46.1 L | +4.5 L | — | —% | ₹— | 230ATM | ₹— | —% | — | +7K | 33.8 L |
| 4.5 L | +1.4 L | — | —% | ₹— | 232.5 | ₹— | —% | — | 0 | 86K |
| 15.8 L | +2.6 L | — | —% | ₹— | 235 | ₹— | —% | — | +9K | 3.7 L |
| 2.5 L | +92K | — | —% | ₹— | 237.5 | ₹— | —% | — | 0 | 45K |
| 40.8 L | +2.5 L | — | —% | ₹— | 240 | ₹— | —% | — | +5K | 5.6 L |
| 4.8 L | +2.8 L | — | —% | ₹— | 242.5 | ₹— | —% | — | +9K | 36K |
| 6.9 L | +3.2 L | — | —% | ₹— | 245 | ₹— | —% | — | +5K | 1.3 L |
| 2.7 L | +43K | — | —% | ₹— | 247.5 | ₹— | —% | — | 0 | 5K |
| 25.4 L | +7.6 L | — | —% | ₹— | 250 | ₹— | —% | — | +27K | 5.9 L |
| 0 | 0 | — | —% | ₹— | 252.5 | ₹— | —% | — | 0 | 0 |
| 7.0 L | +3.7 L | — | —% | ₹— | 255 | ₹— | —% | — | 0 | 25K |
| 12.0 L | +3.3 L | — | —% | ₹— | 260 | ₹— | —% | — | +5K | 5.8 L |
| 1.1 L | +25K | — | —% | ₹— | 265 | ₹— | —% | — | +5K | 1.9 L |
| 43K | 0 | — | —% | ₹— | 280 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
Open interest clusters around the 225 and 215 strike prices, suggesting a valuation band between ₹215 and ₹235 for the underlying today. The ATM call at 225 exhibits 115 contracts, marking the principal resistance level, while the ATM put at 215 mirrors 115 contracts, forming the principal support. Implied volatility implies an expected price swing of roughly ±₹44 around the spot, anchoring the most likely trading range within these OI concentrations for traders.
OI Buildup Activity
New call open interest adds 250 contracts at the 250 strike, increasing by seven contracts and indicating fresh writer interest at higher premiums for speculators. The 225 call sees an addition of five contracts, bringing its total to 60,500, which reflects incremental positioning near the current ATM level in the. On the put side, 225 accumulates four contracts to total 29,750, while 215 adds two contracts reaching 36,250, denoting buildup at key downside strikes today.
Volatility Read
The at‑the‑money implied volatility stands at 19.66%, indicating moderate premium levels for options expiring on 23 November 2026 for traders. Skew is bearish, meaning put premiums outweigh call premiums, which typically reflects market expectations of downward pressure on the underlying as investors anticipate potential softening.
Key OI Levels
The strikes with the highest open interest concentrations are the 225 call and the 215 put, each holding 115 contracts and serving as the primary resistance and support levels respectively.