PI Industries Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,480 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 1,560 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 1,600 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 1,640 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 1,680 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 1,720 | ₹— | 12.6% | — | — | — |
| — | — | — | —% | ₹— | 1,760 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 1,800 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 1,840 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 1,880 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 1,920 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 1,960 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 2,000 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 2,040 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 2,080 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 2,100 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 2,120 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 2,140 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 2,160 | ₹— | 7.6% | — | — | — |
| — | — | — | —% | ₹— | 2,180 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 2,200 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹— | 2,220 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 2,240 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 2,260 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹765.40 | 2,280 | ₹1.50 | —% | — | 0 | 4K |
| — | — | — | —% | ₹— | 2,300 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹874.30 | 2,320 | ₹1.20 | —% | — | 0 | 5K |
| — | — | — | —% | ₹747.95 | 2,340 | ₹0.65 | 74.5% | — | — | — |
| — | — | — | —% | ₹775.55 | 2,360 | ₹2.85 | —% | — | — | — |
| — | — | — | —% | ₹755.65 | 2,380 | ₹1.25 | 76.2% | — | — | — |
| — | — | — | —% | ₹797.05 | 2,400 | ₹3.00 | 84.1% | — | 0 | 525 |
| — | — | — | —% | ₹716.70 | 2,420 | ₹1.85 | 75.7% | — | — | — |
| — | — | — | —% | ₹759.75 | 2,440 | ₹3.90 | 82.6% | — | 0 | 5K |
| — | — | — | —% | ₹678.00 | 2,460 | ₹10.25 | 96.7% | — | +525 | 525 |
| 175 | 0 | — | —% | ₹465.85 | 2,480 | ₹5.60 | 82.8% | — | 0 | 2K |
| — | — | — | —% | ₹639.65 | 2,500 | ₹1.70 | 68.6% | 175 | 0 | 22K |
| 525 | +525 | — | —% | ₹253.20 | 2,520 | ₹3.50 | 71.0% | — | 0 | 2K |
| — | — | — | 178.0% | ₹601.65 | 2,540 | ₹7.65 | 79.6% | — | 0 | 700 |
| 175 | 0 | — | —% | ₹384.80 | 2,560 | ₹4.55 | 69.2% | — | 0 | 9K |
| — | — | — | 170.8% | ₹564.15 | 2,580 | ₹4.50 | 66.5% | — | 0 | 3K |
| 875 | 0 | — | 142.7% | ₹515.00 | 2,600 | ₹1.60 | 55.1% | 1K | 0 | 33K |
| 350 | 0 | — | —% | ₹375.65 | 2,620 | ₹10.70 | 74.0% | — | 0 | 1K |
| 175 | 0 | — | —% | ₹355.30 | 2,640 | ₹11.60 | 74.2% | — | 0 | 4K |
| 350 | 0 | — | —% | ₹268.80 | 2,660 | ₹11.10 | 68.8% | — | 0 | 525 |
| 350 | 0 | — | —% | ₹150.85 | 2,680 | ₹7.55 | 60.0% | — | 0 | 875 |
| 5K | 0 | — | —% | ₹195.00 | 2,700ATM | ₹3.05 | 48.3% | 55K | +15K | 1.1 L |
| — | — | — | 193.7% | ₹504.50 | 2,720 | ₹5.45 | 50.5% | — | 0 | 7K |
| — | — | — | 145.8% | ₹421.20 | 2,740 | ₹5.45 | 47.9% | — | 0 | 6K |
| 2K | 0 | — | 117.5% | ₹367.50 | 2,760 | ₹4.20 | 41.9% | — | 0 | 8K |
| 14K | 0 | — | —% | ₹255.90 | 2,780 | ₹3.90 | 40.5% | 8K | -525 | 36K |
| 36K | 0 | — | —% | ₹230.00 | 2,800 | ₹4.75 | 39.6% | 13K | +525 | 35K |
| 15K | 0 | — | —% | ₹121.80 | 2,820 | ₹5.45 | 38.7% | 17K | +3K | 19K |
| 21K | 0 | — | 37.0% | ₹202.50 | 2,840 | ₹7.00 | 37.7% | 7K | -3K | 31K |
| 11K | 0 | 875 | —% | ₹191.10 | 2,860 | ₹11.90 | 37.5% | — | 0 | 12K |
| 9K | 0 | — | 81.7% | ₹234.60 | 2,880 | ₹9.20 | 34.8% | 12K | +4K | 45K |
| 25K | 0 | 2K | 36.6% | ₹160.00 | 2,900 | ₹11.05 | 33.6% | 37K | -6K | 21K |
| 13K | 0 | — | 77.4% | ₹202.30 | 2,920 | ₹25.20 | 39.9% | — | 0 | 7K |
| 14K | 0 | — | 78.0% | ₹191.05 | 2,940 | ₹17.65 | 33.4% | 12K | +175 | 12K |
| 15K | -175 | 4K | 30.4% | ₹107.20 | 2,960 | ₹35.65 | 38.9% | — | 0 | 8K |
| 6K | 0 | — | 66.6% | ₹148.85 | 2,980 | ₹26.40 | 32.2% | 9K | -3K | 9K |
| 56K | -5K | 16K | 31.6% | ₹80.70 | 3,000 | ₹33.45 | 31.4% | 47K | -3K | 29K |
| 7K | -175 | 5K | 31.9% | ₹69.85 | 3,020 | ₹41.65 | 30.9% | 25K | -5K | 14K |
| 10K | -1K | 19K | 31.9% | ₹58.00 | 3,040 | ₹49.95 | 30.9% | 17K | +1K | 9K |
| 14K | -2K | 36K | 31.5% | ₹48.55 | 3,060 | ₹60.55 | 32.3% | 21K | -4K | 5K |
| 18K | +9K | 45K | 31.2% | ₹39.50 | 3,080 | ₹70.00 | 30.0% | 13K | -2K | 9K |
| 58K | -3K | 1.9 L | 31.0% | ₹31.85 | 3,100 | ₹84.80 | 32.9% | 12K | -2K | 24K |
| 15K | +2K | 27K | 30.8% | ₹24.00 | 3,120 | ₹99.50 | 30.8% | 2K | -350 | 8K |
| 23K | -7K | 26K | 31.4% | ₹20.00 | 3,140 | ₹148.60 | 52.4% | — | — | — |
| 11K | -1K | 16K | 31.5% | ₹15.60 | 3,160 | ₹127.85 | 37.4% | 700 | 0 | 4K |
| 6K | -2K | 8K | 30.3% | ₹11.95 | 3,180 | ₹170.00 | 47.8% | — | — | — |
| 58K | -11K | 81K | 30.5% | ₹8.50 | 3,200 | ₹161.50 | 30.9% | 3K | -175 | 9K |
| 6K | -2K | 13K | 30.4% | ₹6.20 | 3,220 | ₹193.05 | 41.1% | — | — | — |
| 15K | 0 | 2K | 29.3% | ₹4.65 | 3,240 | ₹197.55 | 23.2% | — | — | — |
| 26K | +350 | 21K | 30.5% | ₹3.50 | 3,260 | ₹217.65 | 25.6% | — | — | — |
| 42K | 0 | 350 | 31.1% | ₹3.20 | 3,280 | ₹247.00 | 43.2% | — | 0 | 350 |
| 82K | -3K | 55K | 31.0% | ₹1.85 | 3,300 | ₹204.95 | —% | — | 0 | 8K |
| 12K | 0 | — | 33.9% | ₹2.25 | 3,320 | ₹244.10 | —% | — | — | — |
| 1K | 0 | — | 42.8% | ₹5.50 | 3,340 | ₹271.25 | —% | — | — | — |
| — | — | — | 133.8% | ₹117.95 | 3,360 | ₹269.30 | —% | — | — | — |
| — | — | — | 102.7% | ₹65.90 | 3,380 | ₹300.05 | —% | — | — | — |
| 24K | -175 | 1K | 34.3% | ₹0.70 | 3,400 | ₹390.00 | 81.1% | — | 0 | 5K |
| — | — | — | 101.9% | ₹56.60 | 3,420 | ₹306.75 | —% | — | 0 | 175 |
| — | — | — | 130.6% | ₹93.15 | 3,440 | ₹352.00 | —% | — | 0 | 175 |
| 350 | 0 | — | 46.9% | ₹2.35 | 3,460 | ₹414.10 | 64.5% | 525 | 0 | 875 |
| 5K | 0 | — | 47.7% | ₹2.10 | 3,480 | ₹434.10 | 68.3% | 175 | 0 | 6K |
| — | — | — | 3.1% | ₹— | 3,500 | ₹— | —% | — | — | — |
| 1K | 0 | — | 41.9% | ₹0.50 | 3,520 | ₹420.00 | —% | — | 0 | 525 |
| — | — | — | 3.3% | ₹— | 3,540 | ₹— | —% | — | — | — |
| — | — | — | 126.9% | ₹64.20 | 3,560 | ₹432.70 | —% | — | 0 | 175 |
| — | — | — | 3.6% | ₹— | 3,580 | ₹— | —% | — | — | — |
| 9K | +4K | 4K | 45.7% | ₹0.40 | 3,600 | ₹515.00 | —% | — | 0 | 6K |
| — | — | — | 3.8% | ₹— | 3,620 | ₹— | —% | — | — | — |
| — | — | — | 124.6% | ₹49.20 | 3,640 | ₹476.25 | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 3,660 | ₹— | —% | — | — | — |
| — | — | — | 123.7% | ₹42.95 | 3,680 | ₹509.35 | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 3,700 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹37.35 | 3,720 | ₹543.20 | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 3,740 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 3,760 | ₹577.65 | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 3,780 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 3,800 | ₹612.70 | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 3,820 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 3,840 | ₹648.25 | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 3,860 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 3,880 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 3,920 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 3,960 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 4,000 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 4,040 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 4,080 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 4,120 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 4,160 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 4,200 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 4,240 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 4,280 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 4,320 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 4,360 | ₹— | —% | — | — | — |
| — | — | — | 8.1% | ₹— | 4,400 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 4,440 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance forms at ₹1480, where both highest call and put OI coincide—indicating a major psychological barrier. Strong support establishes at ₹2700, backed by significant put OI buildup. The implied range expands between ₹2700 and ₹1480, reflecting a broad consolidation stance ahead of expiry.
OI Buildup Activity
Fresh longs emerge in 3080 CE (+9,100) and 3600 CE (+3,500), signaling aggressive call writing at higher strikes—likely hedging or speculative upside bets. Put writers add exposure at 2700 PE (+15,050), reinforcing the floor, while secondary support builds at 2820 and 2880 PEs. Call OI increases suggest writers are less defensive above spot, anticipating limited near-term upside beyond 3120.
Volatility Read
ATM IV holds at 31.84%, reflecting neutral volatility pricing with no spike premium. Flat skew confirms balanced risk perception—no pronounced fear or greed in the structure.
Strategy Implication
Bias tilts range-bound with defined support at 2700 and resistance capping at 1480, favoring strategies that exploit lateral movement and fresh longs at upper strikes.