Power Finance Corporation Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 4K | 0 | — | —% | ₹— | 270 | ₹— | —% | — | +5.0 L | 6.5 L |
| 0 | 0 | — | —% | ₹— | 280 | ₹— | —% | — | +60K | 5.3 L |
| 0 | 0 | — | —% | ₹— | 285 | ₹— | —% | — | +22K | 1.3 L |
| 3K | 0 | — | —% | ₹— | 290 | ₹— | —% | — | +31K | 3.3 L |
| 27K | 0 | — | —% | ₹— | 295 | ₹— | —% | — | +31K | 1.0 L |
| 2.1 L | +5K | — | —% | ₹— | 300 | ₹— | —% | — | -33K | 5.5 L |
| 40K | 0 | — | —% | ₹— | 305 | ₹— | —% | — | +52K | 1.5 L |
| 5.2 L | +22K | — | —% | ₹— | 310 | ₹— | —% | — | -99K | 10.0 L |
| 6.2 L | +78K | — | —% | ₹— | 315 | ₹— | —% | — | +16K | 13.1 L |
| 25.0 L | +7.8 L | — | —% | ₹— | 320ATM | ₹— | —% | — | +59K | 16.7 L |
| 5.8 L | +90K | — | —% | ₹— | 325 | ₹— | —% | — | 0 | 5.6 L |
| 14.8 L | +3.8 L | — | —% | ₹— | 330 | ₹— | —% | — | +7K | 8.2 L |
| 6.8 L | +61K | — | —% | ₹— | 335 | ₹— | —% | — | +4K | 1.3 L |
| 21.4 L | +4.0 L | — | —% | ₹— | 340 | ₹— | —% | — | +4K | 8.4 L |
| 2.9 L | +83K | — | —% | ₹— | 345 | ₹— | —% | — | 0 | 18K |
| 26.9 L | +1.7 L | — | —% | ₹— | 350 | ₹— | —% | — | -7K | 12.2 L |
| 1.8 L | +64K | — | —% | ₹— | 355 | ₹— | —% | — | 0 | 72K |
| 11.4 L | -25K | — | —% | ₹— | 360 | ₹— | —% | — | +4K | 2.9 L |
| 60K | +36K | — | —% | ₹— | 365 | ₹— | —% | — | 0 | 27K |
| 10.6 L | +27K | — | —% | ₹— | 370 | ₹— | —% | — | +3K | 4.5 L |
| 64K | +5K | — | —% | ₹— | 375 | ₹— | —% | — | 0 | 27K |
| 5.1 L | +1.2 L | — | —% | ₹— | 380 | ₹— | —% | — | 0 | 3.4 L |
| 9.3 L | +16K | — | —% | ₹— | 390 | ₹— | —% | — | -5K | 15.3 L |
| 2.4 L | +1K | — | —% | ₹— | 400 | ₹— | —% | — | — | — |
| 30K | 0 | — | —% | ₹— | 420 | ₹— | —% | — | — | — |
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 ₹320 CE and ₹270 PE strikes, among institutional participants, across market makers, indicating a plausible trading range of ₹270‑₹320 for the underlying. The highest‑priced call at ₹340 also shows notable buildup during the last trading session, reflecting broader market sentiment shifts, while the ₹280 put reflects moderate support. This concentration suggests limited upside beyond and while keeping the upper bound tight, market participants view the current spot price of ₹316.4 as near the upper bound of the range.
OI Buildup Activity
Fresh open interest adds of 7 77,400 contracts to the ₹320 CE level and 3 99,100 contracts to the ₹340 CE level signal aggressive positioning by call writers as expiry approaches, following the earnings release. On the put side, the ₹270 PE strike absorbs an addition of 4 99,200 contracts, complemented by moderate inflows of 58,500 at ₹280 PE and 55,900 at ₹320 PE, and reflects heightened hedging activity, indicating a cautious risk appetite among sellers. The net effect is a balanced accumulation of both bullish and bearish premium exposure across the front‑month expiry, maintaining a neutral net delta exposure, while preserving liquidity in the near‑term.
Volatility Read
The at‑the‑money implied