Punjab National Bank Option Chain Analysis
2026-04-282026-05-26
Total CE OI
7.53 Cr
Total PE OI
6.66 Cr
PCR
0.88
Neutral
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 56 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 58 | ₹— | 14.9% | — | — | — |
| — | — | — | —% | ₹— | 60 | ₹— | 14.1% | — | — | — |
| — | — | — | —% | ₹— | 62 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 64 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹— | 66 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 68 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 70 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 71 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 72 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 73 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 74 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 75 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 76 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 77 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 78 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 79 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 80 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 81 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 82 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 83 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹40.31 | 84 | ₹0.02 | —% | 16K | 0 | 9.3 L |
| — | — | — | —% | ₹— | 85 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹36.97 | 86 | ₹0.02 | 77.6% | — | 0 | 5.0 L |
| — | — | — | —% | ₹— | 87 | ₹— | 6.0% | — | — | — |
| 3.4 L | 0 | — | —% | ₹26.70 | 88 | ₹0.02 | 74.7% | 88K | -24K | 13.3 L |
| — | — | — | —% | ₹— | 89 | ₹— | 5.5% | — | — | — |
| 1.4 L | 0 | — | —% | ₹24.70 | 90 | ₹0.03 | 72.3% | 12.1 L | +3.8 L | 25.7 L |
| — | — | — | —% | ₹36.02 | 91 | ₹0.18 | 87.1% | — | 0 | 96K |
| 40K | 0 | — | —% | ₹16.92 | 92 | ₹0.05 | 71.5% | 48K | -8K | 10.2 L |
| 1.4 L | 0 | — | —% | ₹12.62 | 93 | ₹0.05 | 67.8% | 40K | -16K | 64K |
| 1.4 L | 0 | — | —% | ₹19.47 | 94 | ₹0.11 | 70.1% | — | 0 | 2.9 L |
| 3.4 L | 0 | 8K | 78.1% | ₹20.20 | 95 | ₹0.06 | 64.1% | 96K | -56K | 14.6 L |
| 16K | 0 | — | 116.7% | ₹19.32 | 96 | ₹0.10 | 62.5% | — | 0 | 5.2 L |
| 8K | 0 | — | —% | ₹8.45 | 97 | ₹0.11 | 60.3% | — | 0 | 3.0 L |
| 1.1 L | 0 | — | —% | ₹13.10 | 98 | ₹0.10 | 59.7% | 1.5 L | +8K | 5.9 L |
| 1.1 L | 0 | — | —% | ₹8.33 | 99 | ₹0.11 | 57.5% | 24K | +16K | 5.5 L |
| 20.5 L | -16K | 48K | 53.2% | ₹15.10 | 100 | ₹0.13 | 55.9% | 12.4 L | -1.6 L | 36.6 L |
| 4.7 L | 0 | — | —% | ₹11.00 | 101 | ₹0.16 | 54.5% | 64K | -40K | 11.7 L |
| 9.3 L | 0 | 8K | 52.5% | ₹13.13 | 102 | ₹0.17 | 52.0% | 88K | -32K | 9.9 L |
| 5.0 L | 0 | — | 49.2% | ₹11.21 | 103 | ₹0.31 | 52.2% | — | 0 | 7.6 L |
| 10.1 L | 0 | — | 73.3% | ₹11.16 | 104 | ₹0.23 | 48.2% | 2.2 L | -1.3 L | 14.0 L |
| 29.4 L | -40K | 1.0 L | 40.1% | ₹10.09 | 105 | ₹0.27 | 46.3% | 12.4 L | -3.6 L | 47.2 L |
| 13.8 L | 0 | 32K | 35.8% | ₹9.12 | 106 | ₹0.32 | 44.5% | 1.7 L | -24K | 19.0 L |
| 13.0 L | 0 | 32K | 35.0% | ₹8.07 | 107 | ₹0.40 | 43.4% | 4.9 L | +72K | 15.9 L |
| 13.0 L | -48K | 64K | 40.0% | ₹7.44 | 108 | ₹0.47 | 41.0% | 10.9 L | -80K | 15.4 L |
| 11.0 L | 0 | 48K | 35.4% | ₹6.29 | 109 | ₹0.60 | 40.0% | 4.2 L | -72K | 21.5 L |
| 58.6 L | -5.1 L | 17.4 L | 34.1% | ₹5.44 | 110 | ₹0.73 | 38.4% | 65.5 L | -64K | 94.9 L |
| 10.4 L | -48K | 1.1 L | 34.3% | ₹4.81 | 111 | ₹0.89 | 37.2% | 11.9 L | +1.4 L | 24.4 L |
| 19.7 L | +32K | 3.5 L | 32.6% | ₹3.85 | 112 | ₹1.12 | 36.1% | 19.8 L | -2.1 L | 19.8 L |
| 17.4 L | -56K | 17.5 L | 31.6% | ₹3.22 | 113 | ₹1.40 | 35.3% | 16.0 L | +2.7 L | 22.4 L |
| 42.1 L | -40K | 47.8 L | 31.2% | ₹2.54 | 114 | ₹1.77 | 34.0% | 73.1 L | +23.0 L | 43.4 L |
| 1.24 Cr | +8.5 L | 1.33 Cr | 31.1% | ₹2.01 | 115ATM | ₹2.20 | 34.2% | 34.7 L | +7.8 L | 52.5 L |
| 24.6 L | +4.3 L | 44.7 L | 30.6% | ₹1.54 | 116 | ₹2.76 | 33.4% | 2.8 L | +16K | 9.0 L |
| 18.3 L | -40K | 18.7 L | 30.8% | ₹1.18 | 117 | ₹3.39 | 33.9% | 1.6 L | -32K | 6.6 L |
| 23.6 L | +56K | 40.6 L | 30.4% | ₹0.84 | 118 | ₹4.30 | 37.1% | 8K | 0 | 2.9 L |
| 7.4 L | +40K | 5.8 L | 31.2% | ₹0.64 | 119 | ₹6.37 | 49.1% | — | 0 | 2.6 L |
| 97.1 L | -3.7 L | 67.4 L | 31.3% | ₹0.47 | 120 | ₹5.58 | 34.9% | 2.9 L | -72K | 37.5 L |
| 10.1 L | 0 | 3.8 L | 31.7% | ₹0.33 | 121 | ₹7.63 | 46.5% | — | 0 | 2.6 L |
| 11.1 L | -64K | 2.7 L | 31.6% | ₹0.23 | 122 | ₹7.23 | 34.5% | 48K | 0 | 5.9 L |
| 10.2 L | +3.0 L | 5.0 L | 32.8% | ₹0.19 | 123 | ₹9.46 | 50.2% | — | 0 | 3.2 L |
| 9.6 L | +96K | 1.8 L | 33.6% | ₹0.13 | 124 | ₹9.29 | 42.9% | 8K | 0 | 1.3 L |
| 39.0 L | +24K | 14.9 L | 34.9% | ₹0.11 | 125 | ₹10.30 | 41.9% | 96K | +8K | 12.6 L |
| 3.1 L | 0 | — | 39.9% | ₹0.11 | 126 | ₹18.70 | 171.9% | — | 0 | 8K |
| 3.0 L | -8K | 80K | 35.8% | ₹0.06 | 127 | ₹24.26 | 248.3% | — | 0 | 32K |
| 1.5 L | 0 | 48K | 37.3% | ₹0.05 | 128 | ₹26.00 | 264.6% | — | 0 | 16K |
| 2.2 L | 0 | 64K | 40.4% | ₹0.06 | 129 | ₹5.86 | —% | — | — | — |
| 51.3 L | -1.4 L | 15.4 L | 40.4% | ₹0.04 | 130 | ₹15.15 | 44.4% | 24K | -8K | 11.2 L |
| — | — | — | 220.8% | ₹8.33 | 131 | ₹22.60 | 176.3% | — | 0 | 16K |
| — | — | — | 184.2% | ₹5.83 | 132 | ₹12.86 | —% | — | — | — |
| 24K | 0 | 8K | 42.6% | ₹0.02 | 133 | ₹7.82 | —% | — | — | — |
| 24K | 0 | — | 52.2% | ₹0.05 | 134 | ₹14.19 | —% | — | — | — |
| 4.6 L | -24K | 56K | 43.0% | ₹0.01 | 135 | ₹20.23 | 48.1% | 8K | 0 | 4.7 L |
| — | — | — | 178.5% | ₹4.60 | 136 | ₹15.57 | —% | — | — | — |
| — | — | — | —% | ₹5.71 | 137 | ₹10.11 | —% | — | — | — |
| — | — | — | 176.0% | ₹4.07 | 138 | ₹17.01 | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 139 | ₹— | —% | — | — | — |
| 16.2 L | -48K | 88K | 55.5% | ₹0.02 | 140 | ₹25.45 | —% | — | 0 | 1.8 L |
| — | — | — | 4.7% | ₹— | 141 | ₹— | —% | — | — | — |
| 32K | 0 | — | 63.5% | ₹0.03 | 142 | ₹32.21 | —% | — | 0 | 1.4 L |
| — | — | — | 5.0% | ₹— | 143 | ₹— | —% | — | — | — |
| 88K | 0 | — | 59.4% | ₹0.01 | 144 | ₹38.15 | —% | — | 0 | 72K |
| — | — | — | 5.3% | ₹— | 145 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹2.43 | 146 | ₹38.82 | —% | — | 0 | 2.9 L |
| — | — | — | 5.6% | ₹— | 147 | ₹— | —% | — | — | — |
| 3.1 L | 0 | — | 65.6% | ₹0.01 | 148 | ₹42.00 | —% | — | 0 | 16K |
| — | — | — | —% | ₹1.85 | 150 | ₹26.60 | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 152 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 154 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 156 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 158 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 160 | ₹— | —% | — | — | — |
| — | — | — | 7.8% | ₹— | 162 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
115 acts as a major resistance with peak call OI, signaling strong writer presence. On the downside, 110 forms a solid support base, backed by the highest put OI. The implied range centers around 110–115, with 115 as a magnet for option writers and a breakout trigger.
OI Buildup Activity
Fresh long calls are building at 115 (+8.08 lakh) and 116 (+4.88 lakh), suggesting aggressive bullish bets above spot. Notably, 114 saw a massive PE OI addition (+22.96 lakh), indicating strong defensive positioning and potential short-term floor creation. Concurrent PE buildup at 115 (+7.76 lakh) shows hedging activity near resistance, reflecting cautious longs.
Volatility Read
ATM IV holds at 31.4%, aligning with neutral skew—no pronounced fear or greed in the structure. Balanced put/call sentiment supports range-bound expectations with room for breakout volatility.
Strategy Implication
Bias favors short premium strategies near 115 with hedged longs below 110, capitalizing on resistance hold and support depth.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Punjab National Bank today?▾
The strike with highest call (CE) open interest for Punjab National Bank is ₹115 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Punjab National Bank today?▾
The strike with highest put (PE) open interest for Punjab National Bank is ₹110 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Punjab National Bank options mean?▾
Open Interest (OI) buildup in Punjab National Bank options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Punjab National Bank options expire?▾
Punjab National Bank options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Punjab National Bank option chain?▾
The Punjab National Bank option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.