Polycab India Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
12.0 L
Total PE OI
11.3 L
PCR
0.95
Neutral
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 3,800 | ₹— | 17.0% | — | — | — |
| — | — | — | —% | ₹— | 4,000 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 4,200 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 4,400 | ₹— | 13.8% | — | — | — |
| — | — | — | —% | ₹— | 4,600 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 4,800 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 4,900 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 5,000 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 5,100 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 5,200 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 5,300 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 5,400 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 5,500 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹1341.40 | 5,600 | ₹89.65 | —% | — | — | — |
| — | — | — | —% | ₹— | 5,700 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹1182.70 | 5,800 | ₹2.00 | —% | 2K | +125 | 10K |
| — | — | — | —% | ₹1888.50 | 5,900 | ₹3.00 | —% | — | 0 | 3K |
| 250 | 0 | — | —% | ₹908.25 | 6,000 | ₹2.45 | —% | 12K | -3K | 16K |
| — | — | — | —% | ₹2191.70 | 6,100 | ₹6.40 | —% | — | — | — |
| 1K | 0 | — | —% | ₹756.85 | 6,200 | ₹2.15 | 75.1% | 375 | -125 | 8K |
| 1K | 0 | — | —% | ₹1529.05 | 6,300 | ₹2.30 | 72.4% | 875 | 0 | 6K |
| 3K | 0 | — | —% | ₹859.70 | 6,400 | ₹2.70 | 68.9% | 500 | 0 | 4K |
| 4K | 0 | — | —% | ₹1628.00 | 6,500 | ₹3.75 | 68.3% | 17K | -5K | 42K |
| 4K | 0 | — | —% | ₹1483.60 | 6,600 | ₹3.40 | 62.2% | 7K | -250 | 21K |
| 11K | 0 | — | —% | ₹620.05 | 6,700 | ₹4.50 | 61.2% | 5K | -2K | 15K |
| 22K | -500 | 750 | 74.8% | ₹1197.05 | 6,800 | ₹4.20 | 56.4% | 20K | +5K | 47K |
| 9K | -2K | 3K | 61.9% | ₹1074.75 | 6,900 | ₹5.60 | 53.9% | 30K | +12K | 30K |
| 49K | -750 | 4K | 54.1% | ₹1008.40 | 7,000 | ₹6.00 | 50.5% | 55K | +2K | 49K |
| 16K | -1K | 2K | 52.6% | ₹876.20 | 7,100 | ₹8.00 | 48.5% | 33K | -6K | 21K |
| 33K | -2K | 5K | 47.6% | ₹770.00 | 7,200 | ₹12.00 | 47.3% | 52K | +3K | 42K |
| 21K | -3K | 4K | 38.5% | ₹721.90 | 7,300 | ₹15.65 | 45.1% | 1.2 L | -3K | 65K |
| 18K | 0 | — | 52.1% | ₹835.10 | 7,400 | ₹22.50 | 43.7% | 94K | +125 | 37K |
| 49K | -10K | 28K | 42.4% | ₹542.45 | 7,500 | ₹33.10 | 43.0% | 4.5 L | -57K | 89K |
| 31K | -125 | 7K | 42.8% | ₹464.30 | 7,600 | ₹48.00 | 42.3% | 2.4 L | +13K | 86K |
| 40K | -3K | 12K | 42.2% | ₹385.25 | 7,700 | ₹69.25 | 41.6% | 2.3 L | +625 | 94K |
| 46K | -7K | 24K | 41.0% | ₹307.50 | 7,800ATM | ₹96.90 | 41.4% | 4.4 L | +43K | 2.0 L |
| 26K | +6K | 30K | 41.5% | ₹247.60 | 7,900 | ₹132.75 | 41.1% | 2.1 L | +20K | 45K |
| 1.2 L | +26K | 2.2 L | 40.4% | ₹187.25 | 8,000 | ₹174.20 | 40.2% | 3.6 L | +21K | 81K |
| 68K | +12K | 1.1 L | 40.0% | ₹141.95 | 8,100 | ₹229.10 | 40.1% | 1.8 L | -3K | 37K |
| 1.3 L | +20K | 3.8 L | 40.0% | ₹103.20 | 8,200 | ₹293.20 | 40.3% | 1.7 L | +6K | 53K |
| 94K | +43K | 3.7 L | 40.0% | ₹74.00 | 8,300 | ₹355.95 | 39.1% | 55K | +3K | 21K |
| 67K | +19K | 2.2 L | 40.2% | ₹52.75 | 8,400 | ₹491.65 | 39.9% | 2K | -250 | 6K |
| 98K | +35K | 2.6 L | 40.1% | ₹36.25 | 8,500 | ₹540.85 | 38.8% | 7K | -1K | 5K |
| 59K | +6K | 1.4 L | 40.2% | ₹24.05 | 8,600 | ₹421.35 | 33.8% | — | 0 | 1K |
| 43K | +750 | 1.0 L | 40.4% | ₹16.05 | 8,700 | ₹516.35 | 37.3% | — | 0 | 250 |
| 20K | +2K | 71K | 41.6% | ₹9.60 | 8,800 | ₹1971.25 | 346.0% | — | — | — |
| 13K | -6K | 42K | 41.9% | ₹7.35 | 8,900 | ₹951.30 | 111.2% | — | — | — |
| 47K | -1K | 52K | 43.5% | ₹4.85 | 9,000 | ₹2153.00 | 356.7% | — | — | — |
| 13K | -625 | 12K | 43.4% | ₹3.00 | 9,100 | ₹— | —% | — | — | — |
| 28K | +8K | 50K | 43.8% | ₹2.15 | 9,200 | ₹2337.75 | 367.4% | — | — | — |
| 4K | -2K | 5K | 46.4% | ₹2.15 | 9,300 | ₹— | —% | — | — | — |
| 19K | -4K | 12K | 49.1% | ₹2.00 | 9,400 | ₹2375.40 | —% | — | — | — |
| — | — | — | 3.2% | ₹— | 9,500 | ₹— | —% | — | — | — |
| — | — | — | 72.5% | ₹27.20 | 9,600 | ₹1899.10 | —% | — | +125 | 125 |
| — | — | — | 3.7% | ₹— | 9,700 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 9,800 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 9,900 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 10,000 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 10,100 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 10,200 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 10,300 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 10,400 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 10,600 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 10,800 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 11,000 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 11,200 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Major resistance aligns with the highest call OI at 10000, a structural barrier for upside momentum. Strong support forms at 10000 put OI, indicating aggressive put writing at that level. The implied range suggests consolidation between 7800 and 8500 near term.
OI Buildup Activity
Fresh long calls dominate at 8300 and 8500, signaling bullish accumulation and potential breakout anticipation. Writers are actively building positions at 8000 calls, suggesting a short-term ceiling ahead of 8300. On the put side, OI surges at 7800 and 7900, reflecting defensive long puts and near-term support cushion.
Volatility Read
ATM IV holds at elevated 40.31%, pricing in sustained event risk and premium richness. Neutral skew confirms balanced fear/greed, with no pronounced put or call dominance distorting valuation.
Strategy Implication
Bias leans slightly bullish with defined resistance at 8300–8500, warranting caution on long call extensions beyond 8500.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Polycab India Limited today?▾
The strike with highest call (CE) open interest for Polycab India Limited is ₹8,200 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Polycab India Limited today?▾
The strike with highest put (PE) open interest for Polycab India Limited is ₹7,800 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Polycab India Limited options mean?▾
Open Interest (OI) buildup in Polycab India Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Polycab India Limited options expire?▾
Polycab India Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Polycab India Limited option chain?▾
The Polycab India Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.