Power Grid Corporation of India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 205 | ₹— | —% | — | 0 | 0 |
| 2K | 0 | — | —% | ₹— | 210 | ₹— | —% | — | -4K | 95K |
| 0 | 0 | — | —% | ₹— | 215 | ₹— | —% | — | 0 | 67K |
| 0 | 0 | — | —% | ₹— | 217.5 | ₹— | —% | — | +13K | 13K |
| 11K | 0 | — | —% | ₹— | 220 | ₹— | —% | — | +9.3 L | 11.2 L |
| 0 | 0 | — | —% | ₹— | 222.5 | ₹— | —% | — | +8K | 44K |
| 0 | 0 | — | —% | ₹— | 225 | ₹— | —% | — | +55K | 2.7 L |
| 0 | 0 | — | —% | ₹— | 227.5 | ₹— | —% | — | +17K | 80K |
| 11K | 0 | — | —% | ₹— | 230 | ₹— | —% | — | -4K | 2.9 L |
| 40K | 0 | — | —% | ₹— | 232.5 | ₹— | —% | — | 0 | 70K |
| 38K | 0 | — | —% | ₹— | 235 | ₹— | —% | — | +19K | 1.3 L |
| 36K | 0 | — | —% | ₹— | 237.5 | ₹— | —% | — | -17K | 80K |
| 3.3 L | +25K | — | —% | ₹— | 240 | ₹— | —% | — | +72K | 12.8 L |
| 49K | 0 | — | —% | ₹— | 242.5 | ₹— | —% | — | +13K | 1.1 L |
| 7.2 L | +44K | — | —% | ₹— | 245 | ₹— | —% | — | +95K | 8.4 L |
| 4.9 L | +29K | — | —% | ₹— | 247.5 | ₹— | —% | — | +1.1 L | 2.7 L |
| 29.3 L | +4.2 L | — | —% | ₹— | 250ATM | ₹— | —% | — | +1.8 L | 19.4 L |
| 2.7 L | +1.3 L | — | —% | ₹— | 252.5 | ₹— | —% | — | -10K | 70K |
| 11.7 L | +4.7 L | — | —% | ₹— | 255 | ₹— | —% | — | -21K | 2.9 L |
| 53K | +10K | — | —% | ₹— | 257.5 | ₹— | —% | — | 0 | 53K |
| 10.5 L | +1.7 L | — | —% | ₹— | 260 | ₹— | —% | — | -6K | 4.5 L |
| 53K | +6K | — | —% | ₹— | 262.5 | ₹— | —% | — | 0 | 80K |
| 6.5 L | +63K | — | —% | ₹— | 265 | ₹— | —% | — | 0 | 2.3 L |
| 63K | +8K | — | —% | ₹— | 267.5 | ₹— | —% | — | 0 | 29K |
| 10.0 L | +82K | — | —% | ₹— | 270 | ₹— | —% | — | +15K | 2.4 L |
| 51K | +51K | — | —% | ₹— | 272.5 | ₹— | —% | — | 0 | 4K |
| 2.6 L | +1.9 L | — | —% | ₹— | 275 | ₹— | —% | — | 0 | 1.3 L |
| 23K | +21K | — | —% | ₹— | 277.5 | ₹— | —% | — | 0 | 2K |
| 13.1 L | +9.5 L | — | —% | ₹— | 280 | ₹— | —% | — | 0 | 3.2 L |
| 0 | 0 | — | —% | ₹— | 282.5 | ₹— | —% | — | 0 | 2K |
| 55K | +15K | — | —% | ₹— | 285 | ₹— | —% | — | 0 | 13K |
| 0 | 0 | — | —% | ₹— | 287.5 | ₹— | —% | — | 0 | 0 |
| 2.0 L | -2K | — | —% | ₹— | 290 | ₹— | —% | — | 0 | 87K |
| 49K | 0 | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 48K |
| 14.6 L | -10K | — | —% | ₹— | 300 | ₹— | —% | — | +4K | 21.9 L |
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 call open interest clusters around ₹280, ₹255 and ₹250, indicating a bearish resistance band near those levels that has historically constrained upward moves. Put open interest peaks at ₹220, ₹250 and ₹247.5, forming a supportive cushion in the lower‑mid range that tends to absorb selling pressure. Combined OI suggests that the market anticipates price movement within a ₹220‑₹280 corridor, centred around the current spot of ₹251.4 while leaving room for modest volatility.
OI Buildup Activity
New call contracts add 9.5 lakh contracts at the ₹280 strike, 4.71 lakh at ₹255 and 4.04 lakh at ₹250, reflecting aggressive writer accumulation near the upper resistance as they hedge existing long positions. On the put side, fresh open interest rises by 9.25 lakh at ₹220, 1.74 lakh at ₹250 and 1.12 lakh at ₹247.5, showing defensive positioning around the support zone to protect against downside breaches. Overall, the influx of OI indicates that market participants are reinforcing both upside caps and downside buffers in anticipation of a constrained trading window.
Volatility Read
The at‑the‑money implied volatility stands at 17.09 %, modest relative to sector peers suggesting limited premium inflation. The volatility skew remains neutral, implying no pronounced bias toward either call or put premiums and reflects balanced sentiment across strikes.
Key OI Levels
The highest call OI sits at ₹280 and the highest put OI at ₹220, marking the dominant resistance and support levels respectively.