Pidilite Industries Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 1K | +1K | — | —% | ₹— | 1,200 | ₹— | —% | — | +65K | 65K |
| 0 | 0 | — | —% | ₹— | 1,240 | ₹— | —% | — | +94K | 98K |
| 0 | 0 | — | —% | ₹— | 1,280 | ₹— | —% | — | +63K | 67K |
| 9K | +9K | — | —% | ₹— | 1,300 | ₹— | —% | — | +1.8 L | 1.8 L |
| 0 | 0 | — | —% | ₹— | 1,320 | ₹— | —% | — | +42K | 42K |
| 0 | 0 | — | —% | ₹— | 1,340 | ₹— | —% | — | +63K | 63K |
| 0 | 0 | — | —% | ₹— | 1,360 | ₹— | —% | — | +48K | 81K |
| 5K | +5K | — | —% | ₹— | 1,380 | ₹— | —% | — | +2.0 L | 2.1 L |
| 1.1 L | +1.1 L | — | —% | ₹— | 1,400ATM | ₹— | —% | — | +1.5 L | 2.1 L |
| 1.2 L | +1.2 L | — | —% | ₹— | 1,420 | ₹— | —% | — | +32K | 63K |
| 88K | +87K | — | —% | ₹— | 1,440 | ₹— | —% | — | +1K | 1.1 L |
| 1.5 L | +1.3 L | — | —% | ₹— | 1,460 | ₹— | —% | — | +34K | 71K |
| 89K | +55K | — | —% | ₹— | 1,480 | ₹— | —% | — | +18K | 45K |
| 2.5 L | +1.6 L | — | —% | ₹— | 1,500 | ₹— | —% | — | +4K | 23K |
| 82K | +68K | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 500 |
| 63K | +31K | — | —% | ₹— | 1,540 | ₹— | —% | — | 0 | 6K |
| 66K | +22K | — | —% | ₹— | 1,560 | ₹— | —% | — | 0 | 6K |
| 49K | +47K | — | —% | ₹— | 1,580 | ₹— | —% | — | 0 | 500 |
| 1.2 L | +47K | — | —% | ₹— | 1,600 | ₹— | —% | — | 0 | 9K |
| 36K | +31K | — | —% | ₹— | 1,620 | ₹— | —% | — | 0 | 0 |
| 14K | +11K | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 0 |
| 5K | 0 | — | —% | ₹— | 1,660 | ₹— | —% | — | 0 | 0 |
| 3K | +500 | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 1K |
| 4K | -1K | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 500 |
| 3K | +500 | — | —% | ₹— | 1,760 | ₹— | —% | — | 0 | 3K |
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 open interest clusters around the 1,420, 1,460 and 1,500 call strikes, indicating a strong resistance corridor above the spot. On the put side, concentration centres at 1,300, 1,380 and 1,400 suggest a supportive band below the current price. Together these bands frame an implied range of roughly ₹1,300‑₹1,500 for the November expiry. The concentration of open interest at these levels suggests market participants are hedging near‑term directional risk while awaiting macroeconomic catalysts soon. for investors.
OI Buildup Activity
Fresh open interest adds of 1,56,000 contracts at the 1,500 call level show aggressive positioning by option writers at the upper edge of the range. Similarly, the 1,380 put strike absorbs an addition of 1,78,500 contracts, reflecting defensive hedging near the lower band. The remaining top‑five strikes each record incremental builds exceeding one hundred thousand contracts, confirming tight liquidity and active market participation.
Volatility Read
The at‑the‑money implied volatility stands at 33.52%, indicating moderate premium pricing relative to historical levels. The volatility skew is neutral, with call and put implied volatilities aligning closely across the examined strikes. Implied volatility across the 1,300‑1,500 call band remains within a 2‑percentage‑point band, while puts from 1,300 to 1,380 exhibit similar stability, underscoring a balanced risk premium.
Key OI Levels
The highest call open interest resides at the 1,000 strike, while the highest put open interest also sits at the 1,000 strike.