Punjab National Bank Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 16K | +8K | — | —% | ₹— | 92 | ₹— | —% | — | +24K | 32K |
| 0 | 0 | — | —% | ₹— | 94 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 96 | ₹— | —% | — | 0 | 2.4 L |
| 8K | 0 | — | —% | ₹— | 98 | ₹— | —% | — | 0 | 8K |
| 0 | 0 | — | —% | ₹— | 99 | ₹— | —% | — | +24K | 24K |
| 1.2 L | 0 | — | —% | ₹— | 100 | ₹— | —% | — | 0 | 6.8 L |
| 0 | 0 | — | —% | ₹— | 101 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 102 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 103 | ₹— | —% | — | 0 | 0 |
| 16K | 0 | — | —% | ₹— | 104 | ₹— | —% | — | +1.2 L | 1.2 L |
| 40K | 0 | — | —% | ₹— | 105 | ₹— | —% | — | +1.2 L | 4.6 L |
| 8K | 0 | — | —% | ₹— | 106 | ₹— | —% | — | 0 | 0 |
| 2.0 L | 0 | — | —% | ₹— | 107 | ₹— | —% | — | +9.8 L | 10.2 L |
| 1.1 L | +8K | — | —% | ₹— | 108 | ₹— | —% | — | +72K | 3.3 L |
| 3.6 L | 0 | — | —% | ₹— | 109 | ₹— | —% | — | +96K | 2.2 L |
| 7.6 L | +24K | — | —% | ₹— | 110 | ₹— | —% | — | +3.3 L | 22.2 L |
| 1.3 L | 0 | — | —% | ₹— | 111 | ₹— | —% | — | +2.2 L | 9.4 L |
| 1.1 L | 0 | — | —% | ₹— | 112 | ₹— | —% | — | +1.5 L | 5.0 L |
| 8K | 0 | — | —% | ₹— | 113 | ₹— | —% | — | +2.1 L | 3.8 L |
| 64K | +8K | — | —% | ₹— | 114 | ₹— | —% | — | +88K | 5.2 L |
| 11.0 L | -64K | — | —% | ₹— | 115 | ₹— | —% | — | +1.7 L | 20.6 L |
| 88K | 0 | — | —% | ₹— | 116 | ₹— | —% | — | +7.8 L | 11.6 L |
| 2.6 L | 0 | — | —% | ₹— | 117 | ₹— | —% | — | +64K | 6.4 L |
| 2.4 L | +40K | — | —% | ₹— | 118 | ₹— | —% | — | +96K | 19.1 L |
| 1.8 L | -64K | — | —% | ₹— | 119 | ₹— | —% | — | +1.0 L | 3.6 L |
| 46.3 L | +8.0 L | — | —% | ₹— | 120ATM | ₹— | —% | — | +72K | 32.0 L |
| 16.2 L | +5.3 L | — | —% | ₹— | 121 | ₹— | —% | — | +3.0 L | 10.8 L |
| 28.7 L | +7.8 L | — | —% | ₹— | 122 | ₹— | —% | — | -1.3 L | 8.0 L |
| 12.2 L | +1.8 L | — | —% | ₹— | 123 | ₹— | —% | — | +1.3 L | 5.8 L |
| 8.8 L | +2.5 L | — | —% | ₹— | 124 | ₹— | —% | — | 0 | 4.0 L |
| 49.5 L | +9.5 L | — | —% | ₹— | 125 | ₹— | —% | — | +32K | 18.2 L |
| 13.0 L | +32K | — | —% | ₹— | 126 | ₹— | —% | — | -88K | 4.2 L |
| 4.0 L | +48K | — | —% | ₹— | 127 | ₹— | —% | — | 0 | 32K |
| 4.6 L | +1.0 L | — | —% | ₹— | 128 | ₹— | —% | — | 0 | 56K |
| 2.2 L | +40K | — | —% | ₹— | 129 | ₹— | —% | — | 0 | 0 |
| 49.0 L | +88K | — | —% | ₹— | 130 | ₹— | —% | — | -2.6 L | 9.0 L |
| 2.2 L | +72K | — | —% | ₹— | 131 | ₹— | —% | — | 0 | 4.4 L |
| 6.1 L | -8K | — | —% | ₹— | 132 | ₹— | —% | — | 0 | 3.7 L |
| 5.0 L | +1.0 L | — | —% | ₹— | 133 | ₹— | —% | — | 0 | 0 |
| 5.6 L | -1.8 L | — | —% | ₹— | 134 | ₹— | —% | — | 0 | 3.8 L |
| 13.8 L | +9.9 L | — | —% | ₹— | 135 | ₹— | —% | — | 0 | 64K |
| 3.1 L | +56K | — | —% | ₹— | 136 | ₹— | —% | — | 0 | 0 |
| 56K | 0 | — | —% | ₹— | 137 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 138 | ₹— | —% | — | 0 | 0 |
| 1.8 L | +16K | — | —% | ₹— | 139 | ₹— | —% | — | 0 | 0 |
| 15.0 L | +3.4 L | — | —% | ₹— | 140 | ₹— | —% | — | 0 | 80K |
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 120 strike hosts 100 k contracts of call open interest, forming a strong resistance zone around the current price of ₹120.31 today for traders monitoring the market closely. Conversely, the 100 strike carries 100 k put contracts, establishing a solid support level that aligns with the observed bearish skew. Implied volatility suggests an expected price corridor roughly between ₹100 and ₹135, echoing the concentration of open interest on both sides of the market.
OI Buildup Activity
New call open interest adds sharply at the 135 strike with a net increment of 9,92,000 contracts, indicating aggressive writing near the upper bound of the range as they hedge against potential upside moves. Similarly, the 125 and 120 strikes absorb fresh call builds of 9,52,000 and 8,08,000 respectively, reinforcing the resistance cluster between ₹120 and ₹135. On the put side, the 107 strike records an addition of 9,76,000 contracts, while 116 and 110 accrue 7,76,000 and 3,28,000 respectively, bolstering the support framework.
Volatility Read
The at‑the‑money implied volatility stands at 27.38%, reflecting moderate premium levels for the November 23 expiry. This level caps anticipated price swings today. Skew remains bearish, with puts priced higher than calls, consistent with the dominant put open interest at the 100 strike.
Key OI Levels
The largest open interest concentrations sit at 120 CE (100 k) and 100 PE (100 k).