PNB Housing Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 1K | 0 | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 33K |
| 6K | 0 | — | —% | ₹— | 920 | ₹— | —% | — | 0 | 4K |
| 1K | 0 | — | —% | ₹— | 960 | ₹— | —% | — | 0 | 7K |
| 650 | 0 | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 20K |
| 7K | 0 | — | —% | ₹— | 1,000 | ₹— | —% | — | +650 | 70K |
| 3K | 0 | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 1,040 | ₹— | —% | — | -7K | 34K |
| 21K | 0 | — | —% | ₹— | 1,060 | ₹— | —% | — | -7K | 57K |
| 7K | 0 | — | —% | ₹— | 1,080 | ₹— | —% | — | +41K | 1.1 L |
| 62K | 0 | — | —% | ₹— | 1,100 | ₹— | —% | — | -17K | 1.7 L |
| 29K | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | +31K | 72K |
| 70K | +3K | — | —% | ₹— | 1,140 | ₹— | —% | — | 0 | 1.4 L |
| 1.3 L | +26K | — | —% | ₹— | 1,160 | ₹— | —% | — | +29K | 1.5 L |
| 2.0 L | +71K | — | —% | ₹— | 1,180 | ₹— | —% | — | +54K | 1.2 L |
| 6.1 L | +8K | — | —% | ₹— | 1,200ATM | ₹— | —% | — | +650 | 1.4 L |
| 1.9 L | -14K | — | —% | ₹— | 1,220 | ₹— | —% | — | +2K | 41K |
| 1.0 L | -12K | — | —% | ₹— | 1,240 | ₹— | —% | — | 0 | 1K |
| 3.0 L | +7K | — | —% | ₹— | 1,260 | ₹— | —% | — | 0 | 7K |
| 2.2 L | +29K | — | —% | ₹— | 1,280 | ₹— | —% | — | +2K | 5K |
| 1.3 L | +7K | — | —% | ₹— | 1,320 | ₹— | —% | — | +650 | 2K |
| 59K | +34K | — | —% | ₹— | 1,360 | ₹— | —% | — | 0 | 0 |
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 (OI) histogram shows a pronounced resistance band around the 1,200 ₹ call cluster, where 6,14,900 contracts sit, while a solid support zone forms near the 1,100 ₹ put cluster with 1,72,250 contracts. The implied price corridor between 1,180 ₹ and 1,360 ₹ captures the bulk of both call and put builds, suggesting market participants expect the underlying to trade within this band through expiry. Consequently, the 1,200 ₹ call and 1,100 ₹ put strikes act as the primary reference points for short‑term directional bias.
OI Buildup Activity
Fresh call OI adds are evident at 1,180 ₹ (+74,750 contracts), 1,360 ₹ (+34,450 contracts) and 1,280 ₹ (+29,900 contracts), indicating that option writers are stacking positions around these levels to collect premium. On the put side, new open interest accumulates at 1,180 ₹ (+53,950 contracts), 1,080 ₹ (+40,950 contracts) and 1,120 ₹ (+29,900 contracts), reflecting a similar concentration of writer activity beneath the spot. The symmetric nature of the builds points to a balanced view among market makers, with exposure concentrated near the current market price.
Volatility Read
The at‑the‑money (ATM) implied volatility stands at 26.85 %, framing a moderate risk environment for the remaining weeks to expiry. A bearish skew is present, meaning out‑of‑the‑money puts command higher implied volatilities than comparable calls, hinting at a slight downside bias in market expectations.
Key OI Levels
The highest call OI concentrates at the 1,200 ₹ strike (6,14,900 contracts) and the highest put OI at the 1,100 ₹ strike (1,72,250 contracts).