PI Industries Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 2,000 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 2,050 | ₹— | —% | — | 0 | 0 |
| 1K | 0 | — | —% | ₹— | 2,100 | ₹— | —% | — | +175 | 12K |
| 2K | 0 | — | —% | ₹— | 2,150 | ₹— | —% | — | 0 | 11K |
| 2K | 0 | — | —% | ₹— | 2,200 | ₹— | —% | — | -9K | 69K |
| 1K | 0 | — | —% | ₹— | 2,250 | ₹— | —% | — | -11K | 24K |
| 23K | -20K | — | —% | ₹— | 2,300 | ₹— | —% | — | +6K | 1.5 L |
| 22K | 0 | — | —% | ₹— | 2,350 | ₹— | —% | — | +525 | 69K |
| 1.2 L | -29K | — | —% | ₹— | 2,400 | ₹— | —% | — | +2K | 1.6 L |
| 97K | -27K | — | —% | ₹— | 2,450 | ₹— | —% | — | -4K | 90K |
| 3.0 L | -12K | — | —% | ₹— | 2,500ATM | ₹— | —% | — | +2K | 1.8 L |
| 79K | +26K | — | —% | ₹— | 2,550 | ₹— | —% | — | -2K | 18K |
| 2.5 L | -58K | — | —% | ₹— | 2,600 | ₹— | —% | — | +875 | 47K |
| 59K | +19K | — | —% | ₹— | 2,650 | ₹— | —% | — | -350 | 26K |
| 1.3 L | -46K | — | —% | ₹— | 2,700 | ₹— | —% | — | -3K | 27K |
| 350 | 0 | — | —% | ₹— | 2,750 | ₹— | —% | — | 0 | 2K |
| 76K | -42K | — | —% | ₹— | 2,800 | ₹— | —% | — | +350 | 40K |
| 16K | +700 | — | —% | ₹— | 2,850 | ₹— | —% | — | 0 | 700 |
| 9K | 0 | — | —% | ₹— | 2,900 | ₹— | —% | — | 0 | 13K |
| 2K | 0 | — | —% | ₹— | 2,950 | ₹— | —% | — | 0 | 2K |
| 40K | +13K | — | —% | ₹— | 3,000 | ₹— | —% | — | 0 | 16K |
| 525 | 0 | — | —% | ₹— | 3,050 | ₹— | —% | — | 0 | 350 |
| 16K | +1K | — | —% | ₹— | 3,100 | ₹— | —% | — | 0 | 21K |
| 7K | 0 | — | —% | ₹— | 3,200 | ₹— | —% | — | 0 | 875 |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
The call open interest peaks at the 2,550 strike with 26,075 contracts, while the 2,650 and 3,000 strikes host 19,075 and 12,950 contracts respectively, forming a dense resistance corridor above the ₹2,465 spot. On the put side, open interest concentrates at the 2,300 strike with 6,650 contracts, followed by 2,500 and 2,400 strikes holding 2,975 and 2,100 contracts, delineating a support band below the current price. Collectively these OI clusters suggest an implied trading range roughly between ₹2,300 and ₹2,650 for the September expiry.
OI Buildup Activity
During the latest session, fresh open interest accumulates heavily at the 2,550 call, adding 26,075 contracts, indicating aggressive positioning by buyers at that level. Simultaneously, the 2,650 and 3,000 calls attract additional 19,075 and 12,950 contracts, reflecting continued interest in upside exposure. On the downside, the 2,300 put sees an influx of 6,650 contracts, while the 2,500 and 2,400 puts receive 2,975 and 2,100 contracts respectively, showing writers reinforcing support.
Volatility Read
The at‑the‑money implied volatility stands at 15.8%, modest for a mid‑cap equity option. The volatility skew tilts bearish, with out‑of‑the‑money calls priced lower than equivalent puts.
Key OI Levels
The highest call OI sits at 2,550 and the highest put OI at 2,300.
The OI profile, moderate IV and bearish skew suggest participants target a bounded move, watching the 2,550 resistance and 2,300 support as expiry nears, with limited upside or downside volatility in the market arena.