Power Grid Corporation of India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 155 | ₹— | 16.0% | — | — | — |
| — | — | — | —% | ₹— | 160 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 165 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 175 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹— | 185 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 195 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 202.5 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 205 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 207.5 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹48.45 | 210 | ₹0.90 | —% | — | — | — |
| — | — | — | —% | ₹— | 212.5 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 215 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 217.5 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹39.60 | 220 | ₹0.05 | —% | 2K | 0 | 55K |
| — | — | — | —% | ₹— | 222.5 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹35.40 | 225 | ₹2.60 | —% | — | — | — |
| — | — | — | —% | ₹— | 227.5 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹31.45 | 230 | ₹3.55 | —% | — | — | — |
| — | — | — | —% | ₹— | 232.5 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹27.70 | 235 | ₹4.75 | —% | — | — | — |
| — | — | — | —% | ₹— | 237.5 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹24.20 | 240 | ₹6.15 | —% | — | — | — |
| — | — | — | —% | ₹— | 242.5 | ₹— | 6.1% | — | — | — |
| — | — | — | —% | ₹20.95 | 245 | ₹7.85 | —% | — | — | — |
| — | — | — | —% | ₹— | 247.5 | ₹— | 5.7% | — | — | — |
| 40K | 0 | — | 85.9% | ₹70.50 | 250 | ₹0.05 | 68.3% | — | 0 | 5.6 L |
| — | — | — | —% | ₹— | 252.5 | ₹— | 5.3% | — | — | — |
| — | — | — | —% | ₹15.35 | 255 | ₹0.05 | 63.3% | — | 0 | 1.2 L |
| — | — | — | —% | ₹— | 257.5 | ₹— | 4.8% | — | — | — |
| 53K | 0 | 4K | —% | ₹58.80 | 260 | ₹0.05 | 59.2% | 6K | 0 | 11.6 L |
| — | — | — | —% | ₹46.90 | 262.5 | ₹0.10 | 61.1% | — | 0 | 17K |
| 4K | 0 | — | —% | ₹32.70 | 265 | ₹0.05 | 54.5% | 4K | -2K | 3.2 L |
| 1.1 L | 0 | — | 74.8% | ₹53.35 | 267.5 | ₹0.10 | 55.9% | — | 0 | 1.4 L |
| 2.3 L | -2K | 4K | —% | ₹48.85 | 270 | ₹0.05 | 50.2% | 15K | -6K | 5.1 L |
| — | — | — | —% | ₹38.40 | 272.5 | ₹0.20 | 56.3% | — | 0 | 1.3 L |
| 46K | 0 | — | —% | ₹36.55 | 275 | ₹0.10 | 49.0% | 61K | -25K | 2.8 L |
| 2K | 0 | — | —% | ₹17.95 | 277.5 | ₹0.10 | 46.6% | 2K | 0 | 2.8 L |
| 5.5 L | -6K | 17K | —% | ₹39.15 | 280 | ₹0.15 | 46.7% | 2.9 L | -1.2 L | 9.4 L |
| 1.4 L | 0 | — | —% | ₹20.25 | 282.5 | ₹0.15 | 44.0% | 38K | -2K | 5.8 L |
| 2.7 L | 0 | — | 48.8% | ₹35.70 | 285 | ₹0.10 | 38.8% | 1.1 L | -2K | 5.1 L |
| 2.3 L | 0 | — | —% | ₹24.90 | 287.5 | ₹0.15 | 38.9% | 44K | -4K | 3.3 L |
| 6.5 L | -6K | 17K | —% | ₹29.00 | 290 | ₹0.20 | 38.5% | 55K | -27K | 10.9 L |
| 2.8 L | 0 | — | —% | ₹20.75 | 292.5 | ₹0.20 | 35.0% | 27K | -21K | 4.5 L |
| 8.1 L | -8K | 19K | —% | ₹24.05 | 295 | ₹0.20 | 32.8% | 1.5 L | -53K | 7.5 L |
| 2.1 L | 0 | — | 28.9% | ₹23.00 | 297.5 | ₹0.20 | 30.3% | 51K | -42K | 6.9 L |
| 8.2 L | -27K | 1.4 L | —% | ₹19.10 | 300 | ₹0.30 | 29.7% | 7.4 L | +6K | 28.3 L |
| 5.8 L | 0 | — | —% | ₹16.65 | 302.5 | ₹0.40 | 28.4% | 25K | -10K | 6.4 L |
| 8.6 L | -11K | 55K | —% | ₹14.15 | 305 | ₹0.55 | 27.3% | 5.3 L | -19K | 10.7 L |
| 7.0 L | -10K | 29K | —% | ₹12.00 | 307.5 | ₹0.75 | 25.5% | 1.6 L | +51K | 4.5 L |
| 26.5 L | -72K | 4.0 L | —% | ₹10.50 | 310 | ₹0.95 | 24.8% | 14.0 L | +1.6 L | 21.9 L |
| 8.1 L | -42K | 2.4 L | —% | ₹8.30 | 312.5 | ₹1.40 | 24.4% | 2.8 L | +17K | 7.8 L |
| 63.8 L | -11K | 11.1 L | 10.8% | ₹6.50 | 315ATM | ₹2.00 | 24.1% | 21.0 L | +1.7 L | 17.6 L |
| 20.7 L | +74K | 14.1 L | 14.7% | ₹4.85 | 317.5 | ₹2.90 | 24.7% | 20.0 L | +2.5 L | 7.3 L |
| 54.1 L | -1.4 L | 82.6 L | 16.5% | ₹3.45 | 320 | ₹4.20 | 25.7% | 24.8 L | +2.0 L | 12.1 L |
| 14.9 L | +4.8 L | 42.9 L | 18.1% | ₹2.60 | 322.5 | ₹5.80 | 27.0% | 4.3 L | +42K | 2.6 L |
| 23.2 L | +3.2 L | 40.6 L | 18.8% | ₹1.75 | 325 | ₹7.30 | 28.1% | 1.8 L | +13K | 1.8 L |
| 20.1 L | -11K | 11.8 L | 19.6% | ₹1.25 | 327.5 | ₹26.80 | 124.8% | — | — | — |
| 26.9 L | -1.5 L | 36.3 L | 20.6% | ₹0.85 | 330 | ₹12.00 | 33.3% | 1.1 L | -27K | 1.6 L |
| 6.3 L | -4K | 1.1 L | 21.5% | ₹0.65 | 332.5 | ₹30.40 | 128.2% | — | — | — |
| 8.6 L | -6K | 6.4 L | 22.4% | ₹0.45 | 335 | ₹70.75 | 341.0% | — | — | — |
| — | — | — | 64.0% | ₹5.35 | 337.5 | ₹34.20 | 131.8% | — | — | — |
| 11.1 L | +46K | 3.9 L | 24.8% | ₹0.25 | 340 | ₹20.95 | 45.0% | 19K | -2K | 84K |
| — | — | — | 65.8% | ₹4.40 | 342.5 | ₹38.15 | 135.5% | — | — | — |
| 11.6 L | -6K | 6.8 L | 25.9% | ₹0.10 | 345 | ₹26.00 | 49.9% | 6K | +2K | 68K |
| — | — | — | 67.1% | ₹3.55 | 347.5 | ₹42.30 | 139.8% | — | — | — |
| 4.2 L | +4K | 74K | 30.1% | ₹0.10 | 350 | ₹90.50 | 396.2% | — | — | — |
| — | — | — | 2.1% | ₹— | 352.5 | ₹— | —% | — | — | — |
| — | — | — | 56.7% | ₹1.35 | 355 | ₹68.00 | 254.6% | — | — | — |
| — | — | — | 2.4% | ₹— | 357.5 | ₹— | —% | — | — | — |
| — | — | — | 37.6% | ₹0.10 | 360 | ₹40.50 | 56.8% | — | 0 | 2K |
| — | — | — | 2.7% | ₹— | 362.5 | ₹— | —% | — | — | — |
| — | — | — | 66.1% | ₹1.25 | 365 | ₹71.60 | 236.2% | — | — | — |
| — | — | — | 3.0% | ₹— | 367.5 | ₹— | —% | — | — | — |
| — | — | — | 3.2% | ₹— | 370 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 372.5 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 375 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 377.5 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 380 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 382.5 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 385 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 387.5 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 390 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 392.5 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 395 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 397.5 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 400 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 402.5 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 405 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 407.5 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 410 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 415 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 420 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 425 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 430 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 435 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 440 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 445 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 450 | ₹— | —% | — | — | — |
| — | — | — | 7.7% | ₹— | 455 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Strong support forms at ₹317.5, backed by peak put open interest and fresh longs accumulating at ₹315 and ₹320 puts. Resistance clusters at ₹322.5 and ₹325, where call writers have built dominant positions. The implied range centers on ₹317.5–₹325, with ₹155 strikes reflecting non-relevant extremes.
OI Buildup Activity
Fresh long calls at ₹322.5 and ₹325 signal aggressive bullish positioning, challenging near-term upside. Call writers respond at ₹322.5–₹325, defending these levels aggressively amid rising OI. On the put side, longs build at ₹317.5 and ₹320, indicating hedging or bearish bets below spot.
Volatility Read
ATM IV at 17.21% suggests subdued near-term volatility expectations. Bearish skew confirms put demand dominance, reflecting defensive positioning ahead of event risk.
Strategy Implication
Bias tilts range-bound with downward drift, as writers test resistance while longs defend key strike support.