Power Grid Corporation of India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 220 | ₹— | —% | — | 0 | 2K |
| 0 | 0 | — | —% | ₹— | 225 | ₹— | —% | — | 0 | 0 |
| 4K | 0 | — | —% | ₹— | 230 | ₹— | —% | — | 0 | 48K |
| 0 | 0 | — | —% | ₹— | 235 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 237.5 | ₹— | —% | — | 0 | 0 |
| 13K | 0 | — | —% | ₹— | 240 | ₹— | —% | — | +4K | 76K |
| 2K | 0 | — | —% | ₹— | 242.5 | ₹— | —% | — | 0 | 11K |
| 0 | 0 | — | —% | ₹— | 245 | ₹— | —% | — | -2K | 1.3 L |
| 10K | 0 | — | —% | ₹— | 247.5 | ₹— | —% | — | 0 | 23.1 L |
| 1.0 L | -2K | — | —% | ₹— | 250 | ₹— | —% | — | -21K | 27.8 L |
| 2K | 0 | — | —% | ₹— | 252.5 | ₹— | —% | — | -6K | 5.5 L |
| 27K | 0 | — | —% | ₹— | 255 | ₹— | —% | — | +53K | 8.2 L |
| 0 | 0 | — | —% | ₹— | 257.5 | ₹— | —% | — | +21K | 3.4 L |
| 6.3 L | +11K | — | —% | ₹— | 260 | ₹— | —% | — | -68K | 12.1 L |
| 3.2 L | -2K | — | —% | ₹— | 262.5 | ₹— | —% | — | -36K | 7.7 L |
| 21.4 L | +49K | — | —% | ₹— | 265 | ₹— | —% | — | +1.6 L | 19.7 L |
| 8.0 L | +2.2 L | — | —% | ₹— | 267.5 | ₹— | —% | — | +4K | 9.8 L |
| 65.3 L | +7.5 L | — | —% | ₹— | 270ATM | ₹— | —% | — | +27K | 31.5 L |
| 8.0 L | +51K | — | —% | ₹— | 272.5 | ₹— | —% | — | -6K | 3.2 L |
| 27.0 L | +1.7 L | — | —% | ₹— | 275 | ₹— | —% | — | -2K | 10.7 L |
| 4.6 L | -34K | — | —% | ₹— | 277.5 | ₹— | —% | — | 0 | 1.3 L |
| 57.3 L | +8.9 L | — | —% | ₹— | 280 | ₹— | —% | — | +32K | 8.4 L |
| 2.9 L | +19K | — | —% | ₹— | 282.5 | ₹— | —% | — | +2K | 65K |
| 36.6 L | +4K | — | —% | ₹— | 285 | ₹— | —% | — | 0 | 4.1 L |
| 1.7 L | +4K | — | —% | ₹— | 287.5 | ₹— | —% | — | 0 | 4K |
| 62.1 L | +1.3 L | — | —% | ₹— | 290 | ₹— | —% | — | +4K | 5.6 L |
| 38K | 0 | — | —% | ₹— | 292.5 | ₹— | —% | — | 0 | 2K |
| 4.2 L | +65K | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 46K |
| 48K | 0 | — | —% | ₹— | 297.5 | ₹— | —% | — | — | — |
| 27.7 L | +59K | — | —% | ₹— | 300 | ₹— | —% | — | 0 | 9.7 L |
| 1.5 L | -2K | — | —% | ₹— | 302.5 | ₹— | —% | — | — | — |
| 65K | 0 | — | —% | ₹— | 305 | ₹— | —% | — | 0 | 40K |
| 3.0 L | +2K | — | —% | ₹— | 310 | ₹— | —% | — | 0 | 6.3 L |
| 2.3 L | -2K | — | —% | ₹— | 315 | ₹— | —% | — | 0 | 6K |
| 95K | 0 | — | —% | ₹— | 320 | ₹— | —% | — | 0 | 5.9 L |
| 2K | 0 | — | —% | ₹— | 325 | ₹— | —% | — | 0 | 2K |
| 13K | 0 | — | —% | ₹— | 330 | ₹— | —% | — | 0 | 46K |
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 (OI) landscape clusters around the ₹265‑₹280 band, framing a tight implied range for the upcoming expiry. Heavy short‑call OI at the ₹280 strike (130 contracts) acts as a resistance ceiling, while an equally dense short‑put OI at the ₹265 strike (130 contracts) furnishes support. The spot price of ₹266 sits comfortably between these two pillars, suggesting that market participants expect limited price movement beyond the ₹265‑₹280 corridor.
OI Buildup Activity
During the latest data window, fresh OI accumulates at the ₹280 call (280 contracts, ↑8), the ₹270 call (280 contracts, ↑7) and the ₹267.5 call (280 contracts, ↑2), indicating that sellers are reinforcing their positions near the upper bound of the range. On the put side, new OI appears at the ₹265 strike (265 contracts, ↑1), the deeper‑out‑of‑the‑money ₹255 put (265 contracts, ↑53), and again at the ₹280 put (265 contracts, ↑32), reflecting additional protection for the downside floor. The net effect is a balanced buildup of both call and put writers around the identified support and resistance levels.
Volatility Read
The at‑the‑money implied volatility stands at 15.83 %, a modest level that aligns with the narrow OI‑defined price band. The volatility skew is bearish, showing lower implied volatilities for out‑of‑the‑money calls relative to puts, which is consistent with the prevailing market bias toward the downside support zone.
Key OI Levels
The highest concentration of open interest resides at the ₹280 call (130 contracts) and the ₹265 put (130 contracts), marking the primary resistance and support strikes respectively.