Power Finance Corporation Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 220 | ₹— | 16.9% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 240 | ₹— | 15.0% | — | — | — |
| — | — | — | —% | ₹— | 250 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 260 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 270 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 280 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 285 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 290 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 295 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 300 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 305 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 310 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 315 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹56.40 | 320 | ₹0.15 | —% | — | 0 | 30K |
| — | — | — | —% | ₹— | 325 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 327.5 | ₹0.05 | —% | — | 0 | 47K |
| 1.8 L | 0 | — | —% | ₹102.30 | 330 | ₹0.10 | —% | 7K | -1K | 1.2 L |
| — | — | — | —% | ₹46.30 | 335 | ₹0.30 | —% | — | 0 | 4K |
| 1.1 L | 0 | — | —% | ₹93.00 | 340 | ₹0.10 | —% | 3K | 0 | 2.0 L |
| — | — | — | —% | ₹— | 342.5 | ₹1.00 | —% | — | 0 | 26K |
| — | — | — | —% | ₹40.25 | 345 | ₹0.15 | —% | — | 0 | 33K |
| — | — | — | —% | ₹— | 347.5 | ₹0.35 | —% | — | 0 | 17K |
| 99K | 0 | — | —% | ₹94.00 | 350 | ₹0.10 | —% | 16K | +1K | 3.1 L |
| — | — | — | —% | ₹— | 352.5 | ₹1.10 | —% | — | 0 | 7K |
| — | — | — | —% | ₹34.80 | 355 | ₹0.40 | —% | — | 0 | 40K |
| — | — | — | —% | ₹— | 357.5 | ₹3.40 | —% | — | 0 | 13K |
| 2.6 L | 0 | — | —% | ₹115.00 | 360 | ₹0.20 | —% | 3K | -1K | 1.5 L |
| — | — | — | —% | ₹— | 362.5 | ₹0.95 | —% | — | 0 | 9K |
| — | — | — | —% | ₹29.85 | 365 | ₹0.50 | 92.2% | — | 0 | 27K |
| — | — | — | —% | ₹— | 367.5 | ₹1.90 | —% | — | 0 | 36K |
| 1.6 L | 0 | — | —% | ₹96.40 | 370 | ₹0.20 | 76.3% | 69K | -36K | 4.4 L |
| — | — | — | —% | ₹— | 372.5 | ₹2.25 | —% | — | 0 | 10K |
| 29K | 0 | — | —% | ₹30.05 | 375 | ₹0.20 | 72.7% | 1K | 0 | 1.8 L |
| — | — | — | —% | ₹— | 377.5 | ₹0.70 | 86.7% | — | 0 | 48K |
| 2.5 L | 0 | — | —% | ₹80.50 | 380 | ₹0.20 | 70.6% | 30K | -14K | 5.2 L |
| — | — | — | —% | ₹— | 382.5 | ₹0.45 | 76.5% | — | 0 | 91K |
| 1.5 L | 0 | — | —% | ₹36.90 | 385 | ₹0.30 | 69.9% | — | 0 | 2.6 L |
| 51K | 0 | — | —% | ₹50.10 | 387.5 | ₹1.70 | 93.8% | — | 0 | 1.7 L |
| 4.0 L | 0 | — | —% | ₹82.05 | 390 | ₹0.25 | 63.6% | 13K | -1K | 5.7 L |
| 92K | 0 | — | —% | ₹45.50 | 392.5 | ₹0.70 | 74.1% | — | 0 | 1.6 L |
| 1.1 L | 0 | — | —% | ₹71.90 | 395 | ₹0.30 | 61.1% | 7K | -3K | 3.3 L |
| 1.4 L | 0 | — | —% | ₹46.45 | 397.5 | ₹0.40 | 63.4% | — | 0 | 2.1 L |
| 19.6 L | 0 | 3K | —% | ₹72.00 | 400ATM | ₹0.35 | 60.3% | 1.9 L | -33K | 15.4 L |
| 1.9 L | 0 | — | 82.4% | ₹73.15 | 402.5 | ₹0.60 | 63.9% | — | 0 | 1.3 L |
| 2.3 L | -3K | 5K | 61.3% | ₹66.45 | 405 | ₹0.55 | 60.9% | — | 0 | 1.5 L |
| 1.8 L | 0 | — | —% | ₹45.60 | 407.5 | ₹0.40 | 55.7% | — | 0 | 1.5 L |
| 4.5 L | -49K | 51K | 48.9% | ₹62.50 | 410 | ₹0.40 | 54.9% | 2.5 L | -64K | 6.0 L |
| 1.4 L | 0 | — | 65.7% | ₹62.50 | 412.5 | ₹0.50 | 54.0% | — | 0 | 1.1 L |
| 2.1 L | -5K | 8K | —% | ₹58.25 | 415 | ₹0.45 | 52.1% | 2.2 L | +1.5 L | 3.6 L |
| 1.6 L | 0 | — | —% | ₹53.05 | 417.5 | ₹0.60 | 52.1% | 3K | 0 | 1.9 L |
| 9.3 L | -8K | 23K | 25.1% | ₹50.55 | 420 | ₹0.60 | 49.4% | 3.0 L | +43K | 13.4 L |
| 1.6 L | 0 | — | —% | ₹41.85 | 422.5 | ₹0.60 | 48.4% | 5K | -4K | 1.9 L |
| 7.0 L | -12K | 23K | 43.1% | ₹46.10 | 425 | ₹0.65 | 46.9% | 57K | -43K | 6.3 L |
| 81K | 0 | — | 31.1% | ₹46.30 | 427.5 | ₹— | —% | — | — | — |
| 6.0 L | -20K | 38K | —% | ₹43.35 | 430 | ₹0.75 | 44.6% | 4.6 L | -1.1 L | 10.5 L |
| 1.7 L | 0 | — | —% | ₹29.45 | 432.5 | ₹— | —% | — | — | — |
| 4.7 L | -1K | 5K | 39.5% | ₹38.95 | 435 | ₹1.15 | 42.0% | 55K | +4K | 3.5 L |
| 1.5 L | -8K | 31K | 38.5% | ₹33.95 | 437.5 | ₹— | —% | — | — | — |
| 6.9 L | -13K | 29K | 27.6% | ₹35.00 | 440 | ₹1.15 | 40.3% | 6.2 L | -1.8 L | 9.7 L |
| 1.2 L | 0 | — | 47.0% | ₹33.75 | 442.5 | ₹— | —% | — | — | — |
| 4.6 L | 0 | 23K | 30.4% | ₹30.40 | 445 | ₹1.45 | 38.7% | 3.3 L | +26K | 5.6 L |
| 1.6 L | 0 | — | —% | ₹27.30 | 447.5 | ₹— | —% | — | — | — |
| 8.7 L | -31K | 1.3 L | 38.9% | ₹26.50 | 450 | ₹1.95 | 36.7% | 8.8 L | -12K | 17.6 L |
| 1.9 L | 0 | — | 43.5% | ₹25.15 | 452.5 | ₹— | —% | — | — | — |
| 4.8 L | -12K | 36K | 36.8% | ₹21.35 | 455 | ₹2.75 | 35.9% | 3.6 L | -66K | 6.3 L |
| 1.4 L | -3K | 33K | 34.1% | ₹17.50 | 457.5 | ₹— | —% | — | — | — |
| 11.8 L | -92K | 5.5 L | 33.1% | ₹17.75 | 460 | ₹3.75 | 34.7% | 20.0 L | +59K | 17.1 L |
| 5.7 L | -51K | 3.8 L | 32.8% | ₹14.00 | 465 | ₹5.15 | 34.2% | 9.5 L | -39K | 6.7 L |
| 2.1 L | +8K | 78K | 33.5% | ₹12.20 | 467.5 | ₹— | —% | — | — | — |
| 13.6 L | -1.3 L | 26.9 L | 33.0% | ₹10.90 | 470 | ₹6.90 | 33.2% | 22.0 L | +2.4 L | 10.1 L |
| 11.9 L | +8K | 28.5 L | 32.5% | ₹8.25 | 475 | ₹9.20 | 33.1% | 10.0 L | +7K | 8.6 L |
| 19.6 L | +2.0 L | 47.9 L | 32.3% | ₹6.00 | 480 | ₹12.05 | 33.3% | 6.1 L | +70K | 4.4 L |
| 3.3 L | +59K | 11.2 L | 31.6% | ₹4.20 | 485 | ₹15.20 | 33.0% | 2.2 L | +21K | 1.3 L |
| 12.5 L | +25K | 23.0 L | 31.3% | ₹2.85 | 490 | ₹18.90 | 35.1% | 1.3 L | +31K | 4.0 L |
| 6.1 L | +38K | 10.6 L | 31.9% | ₹2.00 | 495 | ₹83.25 | 262.6% | — | — | — |
| 16.2 L | +5.1 L | 31.2 L | 31.9% | ₹1.30 | 500 | ₹28.45 | 37.2% | 18K | -1K | 25K |
| 1.3 L | -3K | 99K | 31.7% | ₹0.80 | 505 | ₹91.50 | 269.8% | — | — | — |
| 3.2 L | +1.2 L | 4.4 L | 31.8% | ₹0.50 | 510 | ₹142.35 | 447.2% | — | — | — |
| — | — | — | 1.8% | ₹— | 515 | ₹— | —% | — | — | — |
| 2.1 L | -14K | 1.6 L | 32.6% | ₹0.20 | 520 | ₹132.10 | 383.9% | — | — | — |
| — | — | — | 2.3% | ₹— | 525 | ₹— | —% | — | — | — |
| — | — | — | 2.5% | ₹— | 530 | ₹— | —% | — | — | — |
| — | — | — | 2.7% | ₹— | 535 | ₹— | —% | — | — | — |
| — | — | — | 2.9% | ₹— | 540 | ₹— | —% | — | — | — |
| — | — | — | 3.1% | ₹— | 545 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 550 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 555 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 560 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 565 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 570 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 575 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 580 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 585 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 590 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 595 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 600 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 610 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 620 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 630 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 640 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 650 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
The 220 strike acts as both strong resistance and support, reflecting a rare symmetry in open interest concentration. This dual role suggests a high-probability holding range unless a decisive breakout or breakdown occurs. With spot at ₹473, the implied trading range centers around 470–500, bracketed by significant OI clusters.
OI Buildup Activity
Fresh longs are building aggressively in 500 CE (+2.69 lakh contracts), signaling bullish conviction at higher levels, while 480 CE also sees substantial long call accumulation. On the put side, the 470 PE adds 2.45 lakh contracts, indicating strong hedging or bearish positioning near current levels. Notably, the 480 strike sees longs on both call and put sides, suggesting gamma-heavy straddle-like positioning by writers.
Volatility Read
ATM IV at 32.22% reflects elevated premium levels, with neutral skew indicating balanced risk pricing between calls and puts. This environment favors premium sellers if volatility fails to expand.
Strategy Implication
Bias remains range-bound with directional breakout potential, driven by concentrated writer activity at 220 and fresh longs at 480–500 CE.