Oil & Natural Gas Corporation Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
8.97 Cr
Total PE OI
3.45 Cr
PCR
0.38
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 160 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹— | 165 | ₹— | 12.0% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 175 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 185 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 195 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 202.5 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 205 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 207.5 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹— | 210 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 212.5 | ₹— | 6.4% | — | — | — |
| — | — | — | —% | ₹— | 215 | ₹— | 6.1% | — | — | — |
| — | — | — | —% | ₹— | 217.5 | ₹— | 5.9% | — | — | — |
| — | — | — | —% | ₹— | 220 | ₹— | 5.6% | — | — | — |
| — | — | — | —% | ₹— | 222.5 | ₹— | 5.4% | — | — | — |
| — | — | — | —% | ₹— | 225 | ₹— | 5.1% | — | — | — |
| — | — | — | —% | ₹— | 227.5 | ₹— | 4.9% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 4.6% | — | — | — |
| — | — | — | —% | ₹— | 232.5 | ₹— | 4.4% | — | — | — |
| — | — | — | —% | ₹— | 235 | ₹— | 4.2% | — | — | — |
| 1.5 L | 0 | — | 110.0% | ₹50.25 | 236 | ₹0.10 | 59.3% | 59K | +20K | 10.6 L |
| — | — | — | —% | ₹— | 237.5 | ₹— | 3.9% | — | — | — |
| 5K | 0 | — | 121.4% | ₹49.50 | 238 | ₹0.10 | 55.8% | — | 0 | 56K |
| 1.1 L | 0 | — | 67.0% | ₹44.25 | 240 | ₹0.15 | 58.1% | 1.9 L | -16K | 4.7 L |
| 5K | 0 | — | 118.7% | ₹46.00 | 242 | ₹0.20 | 56.8% | — | 0 | 36K |
| — | — | — | —% | ₹— | 242.5 | ₹— | 3.5% | — | — | — |
| 2K | 0 | — | 112.0% | ₹43.75 | 244 | ₹0.50 | 64.1% | — | 0 | 63K |
| — | — | — | —% | ₹37.35 | 245 | ₹0.35 | 58.5% | — | 0 | 34K |
| 29K | 0 | — | —% | ₹27.60 | 246 | ₹0.20 | 53.0% | 29K | 0 | 1.9 L |
| — | — | — | —% | ₹— | 247.5 | ₹— | 3.0% | — | — | — |
| — | — | — | —% | ₹— | 248 | ₹0.50 | 58.5% | — | 0 | 70K |
| 2K | 0 | — | 106.6% | ₹39.25 | 249 | ₹0.80 | 63.4% | — | 0 | 1.2 L |
| 1.5 L | 0 | — | 62.5% | ₹34.70 | 250 | ₹0.25 | 49.6% | 6.3 L | +4.1 L | 18.1 L |
| — | — | — | —% | ₹— | 251 | ₹0.50 | 54.3% | — | 0 | 59K |
| — | — | — | —% | ₹— | 252 | ₹0.50 | 52.9% | — | 0 | 83K |
| — | — | — | —% | ₹— | 252.5 | ₹— | 2.6% | — | — | — |
| — | — | — | —% | ₹— | 253 | ₹1.20 | 63.6% | — | 0 | 32K |
| 7K | 0 | — | 47.2% | ₹30.25 | 254 | ₹0.40 | 47.7% | — | 0 | 1.6 L |
| — | — | — | 54.7% | ₹29.70 | 255 | ₹0.30 | 45.2% | 1.1 L | -59K | 2.5 L |
| — | — | — | —% | ₹— | 256 | ₹1.50 | 62.7% | — | 0 | 1.5 L |
| — | — | — | —% | ₹— | 257 | ₹0.45 | 44.8% | — | 0 | 1.2 L |
| — | — | — | 82.1% | ₹30.00 | 257.5 | ₹0.90 | 52.1% | — | 0 | 1.3 L |
| — | — | — | —% | ₹— | 258 | ₹0.65 | 47.5% | — | 0 | 1.6 L |
| — | — | — | —% | ₹— | 259 | ₹0.85 | 49.0% | — | 0 | 86K |
| 3.0 L | 0 | 23K | 42.8% | ₹24.00 | 260 | ₹0.45 | 41.4% | 5.2 L | -1.4 L | 19.9 L |
| — | — | — | —% | ₹— | 261 | ₹0.45 | 39.6% | 25K | -14K | 1.0 L |
| 16K | 0 | — | 53.8% | ₹23.50 | 262 | ₹0.50 | 39.1% | 9K | +5K | 90K |
| — | — | — | 78.6% | ₹25.80 | 262.5 | ₹0.50 | 39.1% | 25K | +9K | 77K |
| 25K | 0 | — | —% | ₹12.80 | 263 | ₹0.50 | 38.0% | 20K | +9K | 1.2 L |
| 2K | 0 | — | —% | ₹16.00 | 264 | ₹0.55 | 38.1% | 9K | +7K | 1.0 L |
| 1.0 L | 0 | — | 84.3% | ₹24.75 | 265 | ₹0.55 | 35.5% | 1.9 L | -11K | 8.1 L |
| 32K | 0 | — | 77.9% | ₹23.20 | 266 | ₹0.60 | 35.5% | 43K | 0 | 1.2 L |
| 88K | 0 | — | 51.5% | ₹19.20 | 267 | ₹0.90 | 37.1% | — | 0 | 1.4 L |
| — | — | — | 75.6% | ₹21.85 | 267.5 | ₹0.65 | 34.4% | 43K | +27K | 1.4 L |
| 1.0 L | 0 | — | 68.1% | ₹20.50 | 268 | ₹0.70 | 33.7% | 36K | -2K | 2.5 L |
| 2.4 L | 0 | — | 71.4% | ₹20.25 | 269 | ₹1.45 | 39.8% | — | 0 | 1.0 L |
| 7.5 L | -20K | 61K | 32.6% | ₹15.10 | 270 | ₹0.80 | 31.2% | 5.2 L | -1.4 L | 45.0 L |
| 1.6 L | 0 | — | 62.2% | ₹17.75 | 271 | ₹1.15 | 33.3% | — | 0 | 3.1 L |
| 81K | 0 | — | 70.3% | ₹18.10 | 272 | ₹0.90 | 30.4% | 52K | +18K | 2.8 L |
| 2K | 0 | — | 41.0% | ₹13.75 | 272.5 | ₹0.95 | 29.4% | 1.4 L | +45K | 2.0 L |
| 1.2 L | 0 | — | 44.3% | ₹13.80 | 273 | ₹0.95 | 29.3% | 83K | 0 | 2.6 L |
| 1.3 L | 0 | 2K | 21.9% | ₹10.70 | 274 | ₹1.15 | 28.1% | 79K | +27K | 2.1 L |
| 11.4 L | -11K | 38K | 28.8% | ₹10.55 | 275 | ₹1.25 | 27.3% | 6.5 L | -9K | 14.2 L |
| 1.5 L | -2K | 5K | 28.8% | ₹9.70 | 276 | ₹1.30 | 27.2% | 25K | -2K | 2.3 L |
| 2.5 L | 0 | — | 51.6% | ₹12.30 | 277 | ₹1.55 | 25.7% | 77K | -9K | 3.0 L |
| 1.3 L | 0 | — | 34.7% | ₹9.35 | 277.5 | ₹2.00 | 29.0% | — | 0 | 1.7 L |
| 3.5 L | 0 | — | 25.0% | ₹7.90 | 278 | ₹1.50 | 25.1% | 16K | -2K | 7.0 L |
| 4.2 L | 0 | — | 33.8% | ₹8.25 | 279 | ₹1.90 | 24.9% | 68K | -16K | 4.2 L |
| 19.9 L | +25K | 7.4 L | 24.5% | ₹6.15 | 280 | ₹2.15 | 23.9% | 15.0 L | +1.2 L | 31.2 L |
| 2.5 L | 0 | 43K | 24.0% | ₹5.65 | 281 | ₹2.55 | 23.7% | 25K | +7K | 4.5 L |
| 5.1 L | +77K | 6.1 L | 23.3% | ₹4.75 | 282 | ₹2.65 | 22.6% | 6.9 L | -2K | 5.2 L |
| 4.2 L | -23K | 7.2 L | 23.7% | ₹4.50 | 282.5 | ₹2.90 | 22.2% | 11.7 L | +97K | 7.9 L |
| 5.8 L | +61K | 13.9 L | 23.4% | ₹4.30 | 283 | ₹3.00 | 22.0% | 15.6 L | +61K | 9.9 L |
| 8.0 L | +34K | 26.7 L | 22.3% | ₹3.60 | 284 | ₹3.50 | 21.6% | 11.3 L | +34K | 9.5 L |
| 33.9 L | -86K | 45.4 L | 22.1% | ₹3.10 | 285 | ₹3.85 | 21.0% | 19.7 L | -59K | 15.2 L |
| 14.0 L | +38K | 22.5 L | 21.4% | ₹2.55 | 286 | ₹4.50 | 20.3% | 1.8 L | +29K | 5.7 L |
| 14.7 L | +61K | 19.0 L | 21.2% | ₹2.15 | 287 | ₹5.30 | 21.4% | 1.6 L | -2K | 12.8 L |
| 11.7 L | +1.1 L | 14.2 L | 21.2% | ₹1.90 | 287.5 | ₹5.15 | 20.4% | 11K | 0 | 5.8 L |
| 13.5 L | +1.4 L | 19.4 L | 20.8% | ₹1.75 | 288 | ₹5.45 | 19.5% | 72K | +5K | 9.7 L |
| 29.6 L | -27K | 14.0 L | 20.6% | ₹1.35 | 289 | ₹6.95 | 23.9% | — | 0 | 4.5 L |
| 1.41 Cr | -86K | 49.9 L | 20.3% | ₹1.15 | 290ATM | ₹7.15 | 19.1% | 1.7 L | -50K | 11.0 L |
| 56.4 L | -5K | 1.4 L | 20.2% | ₹0.85 | 291 | ₹7.90 | 18.6% | 2K | 0 | 4.4 L |
| 20.4 L | +43K | 1.0 L | 19.8% | ₹0.75 | 292 | ₹8.40 | 18.1% | 56K | -20K | 3.5 L |
| 8.3 L | +1.0 L | 1.6 L | 20.5% | ₹0.65 | 292.5 | ₹8.70 | 18.9% | — | 0 | 5.4 L |
| 98.5 L | -2K | 4.5 L | 20.4% | ₹0.60 | 293 | ₹9.00 | —% | — | 0 | 3.7 L |
| 8.3 L | +43K | 1.0 L | 21.2% | ₹0.50 | 294 | ₹8.95 | —% | — | 0 | 2.4 L |
| 31.2 L | +1.8 L | 19.2 L | 21.4% | ₹0.45 | 295 | ₹11.25 | 16.5% | 18K | -7K | 1.6 L |
| 5.8 L | +23K | 81K | 21.5% | ₹0.40 | 296 | ₹9.65 | —% | — | 0 | 52K |
| — | — | — | —% | ₹— | 297 | ₹11.35 | —% | 2K | 0 | 16K |
| 2.7 L | +2K | 11K | 23.9% | ₹0.35 | 297.5 | ₹16.90 | 51.0% | — | — | — |
| 41.2 L | +7K | 41K | 22.7% | ₹0.30 | 298 | ₹— | —% | — | — | — |
| 3.7 L | -9K | 61K | 24.9% | ₹0.35 | 299 | ₹17.85 | 49.5% | — | 0 | 43K |
| 1.06 Cr | -7.5 L | 84.4 L | 24.4% | ₹0.25 | 300 | ₹16.00 | 11.8% | 14K | -7K | 4.0 L |
| 4.4 L | 0 | 25K | 26.3% | ₹0.30 | 301 | ₹— | —% | — | — | — |
| 3.0 L | +18K | 34K | 26.5% | ₹0.25 | 302 | ₹— | —% | — | — | — |
| 2.5 L | 0 | — | 29.2% | ₹0.35 | 302.5 | ₹20.45 | 47.8% | — | — | — |
| 1.7 L | -2K | 7K | 26.5% | ₹0.20 | 303 | ₹— | —% | — | — | — |
| 2.1 L | 0 | — | 31.9% | ₹0.40 | 304 | ₹26.35 | 84.3% | — | 0 | 36K |
| 13.7 L | +3.6 L | 11.3 L | 27.3% | ₹0.15 | 305 | ₹19.50 | —% | — | 0 | 9K |
| 8.6 L | -61K | 1.5 L | 29.4% | ₹0.20 | 306 | ₹21.20 | —% | — | 0 | 27K |
| 1.8 L | 0 | — | 36.3% | ₹0.45 | 307 | ₹— | —% | — | — | — |
| 2.6 L | 0 | — | 35.9% | ₹0.40 | 307.5 | ₹24.30 | 42.2% | — | — | — |
| 1.2 L | 0 | — | 35.5% | ₹0.35 | 308 | ₹20.35 | —% | — | 0 | 99K |
| 38.3 L | -9.5 L | 21.9 L | 32.4% | ₹0.15 | 310 | ₹22.90 | —% | — | 0 | 47K |
| 77K | 0 | — | 34.8% | ₹0.20 | 311 | ₹27.60 | 43.4% | — | 0 | 54K |
| 3.3 L | -5K | 16K | 32.0% | ₹0.10 | 312 | ₹32.65 | 85.7% | — | 0 | 50K |
| 3.6 L | -5K | 25K | 33.2% | ₹0.10 | 312.5 | ₹28.40 | —% | — | — | — |
| 2.5 L | 0 | — | 39.7% | ₹0.30 | 313 | ₹28.40 | —% | — | 0 | 11K |
| 2.0 L | 0 | 50K | 35.6% | ₹0.15 | 314 | ₹25.65 | —% | — | 0 | 11K |
| 31.3 L | -1.0 L | 4.1 L | 37.3% | ₹0.15 | 315 | ₹36.10 | 94.0% | — | — | — |
| 1.1 L | -5K | 18K | 34.8% | ₹0.10 | 316 | ₹— | —% | — | — | — |
| 54K | 0 | 45K | 36.1% | ₹0.10 | 317 | ₹— | —% | — | — | — |
| — | — | — | 2.5% | ₹— | 317.5 | ₹— | —% | — | — | — |
| 38K | 0 | 38K | 37.0% | ₹0.10 | 318 | ₹— | —% | — | — | — |
| 15.9 L | -23K | 2.7 L | 38.8% | ₹0.10 | 320 | ₹53.45 | 188.2% | — | — | — |
| 2.2 L | 0 | 2K | 40.6% | ₹0.10 | 322 | ₹— | —% | — | — | — |
| — | — | — | 2.8% | ₹— | 322.5 | ₹— | —% | — | — | — |
| 3.8 L | 0 | — | 42.5% | ₹0.10 | 324 | ₹— | —% | — | — | — |
| 4.7 L | 0 | 2K | 39.4% | ₹0.05 | 325 | ₹39.50 | —% | — | — | — |
| — | — | — | 3.1% | ₹— | 327.5 | ₹— | —% | — | — | — |
| 8.2 L | -1.3 L | 1.4 L | 43.5% | ₹0.05 | 330 | ₹43.90 | —% | — | 0 | 14K |
| — | — | — | 3.5% | ₹— | 332.5 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 335 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 337.5 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 340 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 342.5 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 345 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 347.5 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 350 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 352.5 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 355 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 357.5 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 360 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 362.5 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 365 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 367.5 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 370 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 375 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 380 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 385 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 390 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 395 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 400 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 405 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 410 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Immediate resistance forms at ₹305, where call writers have built the largest fresh open interest. Strong support clusters at ₹250 and ₹280, indicated by significant put OI accumulation, with the latter acting as a near-term floor. The implied trading range contracts between ₹250 and ₹305, with the ATM strike at ₹283.45 sandwiched between growing call and put bases.
OI Buildup Activity
Call writers are actively stacking fresh long positions at ₹305, ₹295, and ₹288, signaling persistent attempts to cap rallies ahead of expiry. On the put side, a massive buildup at ₹250 reveals aggressive long put positioning, likely from hedging or directional bearish bets. Additional put OI gains at ₹280 and ₹282.5 suggest near-term downside protection around current spot, with writers testing sentiment below par.
Volatility Read
ATM volatility holds at 23.19%, reflecting contained but responsive option premiums in a range-bound setup. The bearish skew confirms put dominance, with implied volatility favoring downside protection over upside speculation.
Strategy Implication
Bias leans range-bound with a skew toward defensive positioning, as writers control both the ₹305 ceiling and ₹250–280 support zone.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Oil & Natural Gas Corporation Limited today?▾
The strike with highest call (CE) open interest for Oil & Natural Gas Corporation Limited is ₹290 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Oil & Natural Gas Corporation Limited today?▾
The strike with highest put (PE) open interest for Oil & Natural Gas Corporation Limited is ₹270 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Oil & Natural Gas Corporation Limited options mean?▾
Open Interest (OI) buildup in Oil & Natural Gas Corporation Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Oil & Natural Gas Corporation Limited options expire?▾
Oil & Natural Gas Corporation Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Oil & Natural Gas Corporation Limited option chain?▾
The Oil & Natural Gas Corporation Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.