Patanjali Foods Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 250 | ₹— | 13.5% | — | — | — |
| — | — | — | —% | ₹— | 260 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 270 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 280 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 290 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 315 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 325 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 335 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹— | 345 | ₹— | 6.4% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹— | 355 | ₹— | 5.7% | — | — | — |
| — | — | — | —% | ₹— | 360 | ₹— | 5.4% | — | — | — |
| — | — | — | —% | ₹— | 365 | ₹— | 5.1% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 4.8% | — | — | — |
| — | — | — | —% | ₹— | 375 | ₹— | 4.5% | — | — | — |
| 35K | 0 | — | —% | ₹80.15 | 380 | ₹0.50 | 71.4% | — | 0 | 33K |
| — | — | — | —% | ₹— | 385 | ₹— | 4.0% | — | — | — |
| — | — | — | —% | ₹120.55 | 390 | ₹1.50 | 78.9% | — | — | — |
| — | — | — | —% | ₹— | 395 | ₹— | 3.4% | — | — | — |
| 16K | +2K | 5K | —% | ₹65.00 | 400 | ₹0.25 | 52.8% | 6K | -2K | 57K |
| — | — | — | —% | ₹— | 405 | ₹— | 2.8% | — | — | — |
| — | — | — | 302.4% | ₹102.45 | 410 | ₹1.65 | 61.3% | — | 0 | 2K |
| — | — | — | 357.5% | ₹112.95 | 415 | ₹0.85 | 48.0% | — | — | — |
| — | — | — | 287.3% | ₹93.75 | 420 | ₹4.20 | 69.6% | — | — | — |
| — | — | — | 338.0% | ₹103.55 | 425 | ₹0.80 | 41.4% | 900 | 0 | 3K |
| 17K | 0 | — | 72.9% | ₹37.65 | 430 | ₹0.90 | 39.8% | 14K | -2K | 1.2 L |
| — | — | — | 319.4% | ₹94.35 | 435 | ₹1.15 | 37.5% | 6K | +2K | 5K |
| — | — | — | 260.2% | ₹77.30 | 440 | ₹1.80 | 37.8% | 41K | +9K | 80K |
| — | — | — | 301.6% | ₹85.40 | 445 | ₹2.90 | 32.9% | — | — | — |
| 44K | -900 | 10K | 30.3% | ₹17.90 | 450 | ₹3.70 | 36.1% | 2.0 L | +6K | 1.4 L |
| 33K | +7K | 27K | 32.5% | ₹14.40 | 455 | ₹5.40 | 37.9% | 7K | +4K | 4K |
| 2.2 L | +13K | 7.2 L | 32.5% | ₹11.40 | 460 | ₹7.15 | 36.1% | 6.8 L | -41K | 3.4 L |
| 1.5 L | -4K | 2.3 L | 33.0% | ₹8.75 | 465 | ₹9.65 | 37.0% | 79K | +32K | 2.9 L |
| 5.8 L | +36K | 8.8 L | 33.8% | ₹6.85 | 470 | ₹12.65 | 37.6% | 100K | -11K | 2.7 L |
| 2.0 L | +11K | 97K | 34.5% | ₹5.45 | 475 | ₹21.90 | 54.6% | — | 0 | 34K |
| 12.9 L | -1.7 L | 8.4 L | 37.2% | ₹4.15 | 480ATM | ₹19.75 | 42.1% | 3K | 0 | 1.7 L |
| 84K | -2K | 24K | 37.6% | ₹3.25 | 485 | ₹10.30 | —% | — | — | — |
| 6.4 L | +900 | 1.9 L | 37.0% | ₹2.20 | 490 | ₹27.85 | 44.8% | 5K | 0 | 5.3 L |
| — | — | — | 228.4% | ₹46.35 | 495 | ₹13.30 | —% | — | — | — |
| 10.0 L | -81K | 2.9 L | 38.8% | ₹1.25 | 500 | ₹40.45 | 48.9% | — | 0 | 2.3 L |
| 24K | 0 | — | 40.8% | ₹0.70 | 505 | ₹35.65 | —% | — | 0 | 900 |
| 6.7 L | +14K | 32K | 39.4% | ₹0.55 | 510 | ₹42.00 | —% | — | 0 | 5.7 L |
| 7K | 0 | — | 41.7% | ₹0.35 | 515 | ₹45.95 | —% | — | 0 | 7K |
| 1.9 L | 0 | — | 40.8% | ₹0.20 | 520 | ₹60.30 | 54.8% | — | 0 | 9K |
| 31K | 0 | — | 48.6% | ₹0.40 | 525 | ₹25.75 | —% | — | — | — |
| 87K | 0 | 22K | 39.5% | ₹0.10 | 530 | ₹59.10 | —% | — | +3K | 3K |
| — | — | — | 189.9% | ₹24.55 | 535 | ₹58.25 | —% | — | 0 | 2K |
| 7K | 0 | — | 46.8% | ₹0.10 | 540 | ₹75.15 | —% | — | 0 | 24K |
| — | — | — | —% | ₹20.50 | 545 | ₹67.40 | —% | — | 0 | 4K |
| 6K | 0 | — | 47.5% | ₹0.05 | 550 | ₹84.95 | —% | — | 0 | 54K |
| — | — | — | 176.2% | ₹17.00 | 555 | ₹43.25 | —% | — | — | — |
| — | — | — | —% | ₹15.45 | 560 | ₹89.00 | —% | — | 0 | 20K |
| — | — | — | —% | ₹13.95 | 565 | ₹50.10 | —% | — | — | — |
| — | — | — | —% | ₹13.10 | 570 | ₹100.00 | —% | — | 0 | 5K |
| — | — | — | —% | ₹11.40 | 575 | ₹57.40 | —% | — | — | — |
| — | — | — | —% | ₹11.00 | 580 | ₹79.00 | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 585 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹9.20 | 590 | ₹127.00 | 104.4% | 7K | 0 | 7K |
| — | — | — | 5.6% | ₹— | 595 | ₹— | —% | — | — | — |
| 14K | 0 | 900 | 67.4% | ₹0.05 | 600 | ₹135.50 | —% | 4K | 0 | 56K |
| — | — | — | 6.0% | ₹— | 605 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 610 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 615 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹5.25 | 620 | ₹112.65 | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 630 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 640 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 650 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 660 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 670 | ₹— | —% | — | — | — |
| — | — | — | 8.6% | ₹— | 680 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Major resistance sits at ₹250, where call open interest peaks, indicating strong supply. On the downside, ₹250 also serves as critical support, backed by max put open interest at the same level, creating a mirror congestion zone. The current spot at ₹465 implies near-term range confinement between ₹440 and ₹510, bounded by high-OI strikes.
OI Buildup Activity
Fresh long calls emerge at 470 (+34,200) and 510 (+13,500), signaling aggressive upside bets by calls buyers, while 460 sees defensive call writing as spot hovers nearby. On the put side, 465 adds +32,400 OI, suggesting puts writers are anchoring at spot level, likely for income or hedging long positions. Additional put accumulation at 440 and 450 reflects protective demand below, indicating underlying bearish caution.
Volatility Read
ATM IV at 33.04% sits elevated, reflecting heightened hedging and event premium pricing. The bearish skew—higher put IV relative to calls—confirms stronger demand for downside protection among options writers and fresh longs.
Strategy Implication
The structure favors short premium strategies with a bearish tilt, anchored around 470 and 465, targeting decay into expiry.