One 97 Communications Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 580 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 660 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 710 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 720 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 730 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 740 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 750 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹393.70 | 760 | ₹0.25 | —% | — | 0 | 24K |
| — | — | — | —% | ₹— | 770 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 780 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 790 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹365.45 | 800 | ₹0.40 | —% | 9K | -1K | 1.5 L |
| — | — | — | —% | ₹— | 810 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹326.20 | 820 | ₹5.15 | —% | — | — | — |
| — | — | — | —% | ₹— | 830 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹330.55 | 840 | ₹1.00 | —% | — | 0 | 15K |
| — | — | — | —% | ₹— | 850 | ₹— | 6.9% | — | — | — |
| 6K | 0 | 725 | —% | ₹310.00 | 860 | ₹0.65 | —% | — | 0 | 25K |
| — | — | — | —% | ₹112.30 | 870 | ₹18.45 | —% | — | — | — |
| 1K | 0 | — | —% | ₹241.00 | 880 | ₹0.70 | —% | — | 0 | 25K |
| — | — | — | —% | ₹98.10 | 890 | ₹24.10 | —% | — | — | — |
| 41K | 0 | — | —% | ₹201.00 | 900 | ₹0.50 | 83.0% | 5K | -725 | 83K |
| 4K | 0 | — | —% | ₹259.45 | 910 | ₹0.95 | 84.2% | — | 0 | 7K |
| 13K | 0 | — | —% | ₹187.00 | 920 | ₹0.40 | 75.7% | 17K | -7K | 73K |
| — | — | — | —% | ₹73.05 | 930 | ₹11.75 | —% | — | 0 | 1K |
| 26K | 0 | — | —% | ₹212.00 | 940 | ₹0.55 | 73.4% | 3K | -2K | 78K |
| 725 | 0 | — | —% | ₹177.50 | 950 | ₹0.65 | 71.1% | 7K | -1K | 15K |
| 67K | 0 | — | 99.3% | ₹209.45 | 960 | ₹0.85 | 69.6% | 13K | -3K | 91K |
| — | — | — | —% | ₹52.65 | 970 | ₹1.25 | 68.1% | — | 0 | 25K |
| 1.0 L | 0 | — | —% | ₹171.00 | 980 | ₹1.00 | 66.2% | 23K | -8K | 2.3 L |
| 44K | 0 | — | 90.8% | ₹180.55 | 990 | ₹1.40 | 62.9% | — | 0 | 96K |
| 2.8 L | 0 | 725 | 61.7% | ₹175.00 | 1,000 | ₹1.10 | 61.6% | 40K | -10K | 4.5 L |
| 46K | 0 | — | —% | ₹151.55 | 1,010 | ₹1.25 | 59.7% | 15K | -11K | 31K |
| 1.4 L | 0 | — | 33.9% | ₹143.50 | 1,020 | ₹1.40 | 58.1% | 49K | -7K | 2.1 L |
| 60K | 0 | — | 65.7% | ₹138.20 | 1,030 | ₹1.60 | 56.0% | 11K | -6K | 49K |
| 2.0 L | 0 | — | 60.6% | ₹127.90 | 1,040 | ₹1.85 | 54.2% | 50K | -5K | 6.6 L |
| 70K | 0 | — | 67.8% | ₹121.50 | 1,050 | ₹2.05 | 51.9% | 52K | +7K | 1.9 L |
| 2.7 L | 0 | 3K | 46.5% | ₹119.00 | 1,060 | ₹2.30 | 49.6% | 80K | 0 | 2.0 L |
| 1.0 L | 0 | — | —% | ₹71.45 | 1,070 | ₹2.60 | 48.2% | 44K | -4K | 1.5 L |
| 1.8 L | 0 | 1K | 40.4% | ₹100.05 | 1,080 | ₹3.15 | 46.0% | 46K | -3K | 1.9 L |
| 94K | 0 | — | 50.1% | ₹81.55 | 1,090 | ₹3.60 | 43.9% | 25K | 0 | 1.6 L |
| 6.9 L | -1K | 13K | 38.4% | ₹80.55 | 1,100ATM | ₹4.10 | 41.8% | 98K | -17K | 8.7 L |
| 2.1 L | 0 | — | 47.0% | ₹64.55 | 1,110 | ₹5.15 | 40.6% | 46K | -8K | 2.8 L |
| 3.4 L | -725 | 16K | 35.3% | ₹63.70 | 1,120 | ₹6.50 | 39.9% | 2.8 L | -1.1 L | 2.8 L |
| 1.5 L | -6K | 17K | 33.2% | ₹55.00 | 1,130 | ₹8.25 | 38.6% | 3.5 L | -85K | 1.8 L |
| 2.7 L | -3K | 16K | 33.1% | ₹47.10 | 1,140 | ₹10.35 | 37.9% | 1.6 L | +13K | 2.7 L |
| 4.0 L | +15K | 86K | 35.3% | ₹39.85 | 1,150 | ₹13.40 | 38.2% | 1.1 L | +16K | 2.8 L |
| 5.1 L | -1.2 L | 5.2 L | 34.9% | ₹33.15 | 1,160 | ₹16.60 | 37.4% | 7.2 L | +1.4 L | 4.5 L |
| 2.8 L | +4K | 4.6 L | 35.0% | ₹27.30 | 1,170 | ₹20.70 | 37.1% | 2.0 L | +52K | 1.1 L |
| 2.4 L | +1.1 L | 5.2 L | 35.1% | ₹22.20 | 1,180 | ₹25.45 | 36.6% | 73K | +14K | 57K |
| 41K | -4K | 89K | 35.2% | ₹17.85 | 1,190 | ₹31.30 | 37.4% | 37K | +7K | 25K |
| 5.7 L | -4K | 5.3 L | 34.6% | ₹13.70 | 1,200 | ₹37.55 | 37.6% | 69K | +10K | 83K |
| 48K | +7K | 95K | 34.6% | ₹10.65 | 1,210 | ₹46.00 | 36.7% | 1K | +725 | 1K |
| 3.3 L | +4K | 1.7 L | 34.5% | ₹8.10 | 1,220 | ₹58.00 | 24.9% | — | 0 | 1K |
| 67K | +4K | 60K | 34.9% | ₹6.10 | 1,230 | ₹64.75 | —% | — | 0 | 3K |
| 2.2 L | -7K | 72K | 34.7% | ₹4.50 | 1,240 | ₹93.50 | 66.7% | — | 0 | 1K |
| 4K | -1K | 18K | 35.2% | ₹3.40 | 1,250 | ₹286.30 | 353.3% | — | — | — |
| 1.3 L | +3K | 60K | 35.4% | ₹2.70 | 1,260 | ₹108.25 | 64.7% | — | 0 | 67K |
| — | — | — | 1.9% | ₹— | 1,270 | ₹— | —% | — | — | — |
| 33K | +1K | 19K | 37.0% | ₹1.55 | 1,280 | ₹186.00 | 171.3% | — | 0 | 9K |
| — | — | — | 2.3% | ₹— | 1,290 | ₹— | —% | — | — | — |
| — | — | — | 137.6% | ₹43.40 | 1,300 | ₹196.85 | 166.1% | — | — | — |
| — | — | — | 2.6% | ₹— | 1,310 | ₹— | —% | — | — | — |
| 51K | -9K | 10K | 41.8% | ₹0.60 | 1,320 | ₹170.00 | 90.4% | — | 0 | 29K |
| — | — | — | 2.9% | ₹— | 1,330 | ₹— | —% | — | — | — |
| — | — | — | 3.1% | ₹— | 1,340 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 1,350 | ₹— | —% | — | — | — |
| — | — | — | 180.0% | ₹54.10 | 1,360 | ₹248.50 | 177.5% | — | — | — |
| — | — | — | 3.6% | ₹— | 1,370 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 1,380 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,390 | ₹— | —% | — | — | — |
| — | — | — | 180.2% | ₹45.65 | 1,400 | ₹279.40 | 176.6% | — | — | — |
| — | — | — | 4.2% | ₹— | 1,410 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 1,420 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 1,430 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,440 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 1,450 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,460 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 1,480 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,500 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 1,520 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,540 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,560 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 1,580 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance rests at 1100 CE, hosting peak call OI of 6,88,750 contracts, while strong support coincides at 1100 PE with elevated put OI of 8,69,275. The 1160–1180 zone forms a critical battleground, with 1180 CE and 1160 PE seeing significant accumulation. Spot at 1177 implies a tight implied range between 1100 and 1200, with focus on 1180 as a near-term technical inflection.
OI Buildup Activity
Fresh longs emerge in 1180 CE (+1,13,825) and 1160 PE (+1,41,375), signaling aggressive positioning by buyers anticipating range-bound action. Option writers defend the 1100 double-max, adding downside protection via 1160 and 1170 puts, while also stacking 1150 calls and puts for strangle-like hedges. Increased OI in both 1150 and 1170 puts reflects defensive covering below current spot, hinting at selective bearish conviction.
Volatility Read
ATM IV holds at 34.47% with neutral skew, indicating balanced risk pricing between calls and puts across the chain. Absence of directional skew suggests writers aren’t pricing in imminent spikes, favoring steady premium decay.
Strategy Implication
Bias favors a volatility-neutral, range-bound approach between 1100 and 1180, with gamma concentration anchoring trader activity near current levels.