REC Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 170 | ₹— | 17.9% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 210 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 215 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 220 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 225 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 230 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 235 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 240 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 245 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 250 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 255 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹109.05 | 260 | ₹0.10 | —% | 17K | +10K | 1.3 L |
| 1.3 L | 0 | — | —% | ₹117.90 | 265 | ₹0.10 | —% | — | 0 | 2.3 L |
| 1.7 L | 0 | — | —% | ₹53.70 | 270 | ₹0.10 | —% | 10K | -8K | 1.8 L |
| — | — | — | —% | ₹— | 272.5 | ₹0.25 | —% | 1K | 0 | 25K |
| 3K | 0 | — | —% | ₹95.20 | 275 | ₹0.20 | —% | — | 0 | 88K |
| — | — | — | —% | ₹— | 277.5 | ₹4.40 | —% | — | 0 | 6K |
| 90K | 0 | — | —% | ₹96.00 | 280 | ₹0.10 | —% | 31K | -27K | 7.1 L |
| — | — | — | —% | ₹— | 282.5 | ₹2.05 | —% | — | 0 | 3K |
| 1K | +1K | — | —% | ₹32.80 | 285 | ₹0.15 | —% | — | 0 | 22K |
| — | — | — | —% | ₹— | 287.5 | ₹0.20 | —% | 3K | 0 | 6K |
| 27K | 0 | — | —% | ₹64.50 | 290 | ₹0.15 | 84.8% | 7K | -6K | 2.7 L |
| — | — | — | —% | ₹— | 292.5 | ₹0.35 | —% | — | 0 | 18K |
| 1K | +1K | — | —% | ₹86.80 | 295 | ₹0.15 | 81.5% | 18K | -15K | 57K |
| — | — | — | —% | ₹— | 297.5 | ₹1.35 | —% | — | 0 | 31K |
| 4.9 L | -3K | 4K | 154.5% | ₹83.75 | 300 | ₹0.20 | 80.1% | 1.3 L | -50K | 10.7 L |
| — | — | — | —% | ₹— | 302.5 | ₹1.20 | 103.9% | — | 0 | 60K |
| 2.0 L | 0 | — | —% | ₹50.00 | 305 | ₹0.20 | 75.9% | 7K | 0 | 2.9 L |
| 1.6 L | 0 | — | —% | ₹24.60 | 307.5 | ₹0.25 | 74.1% | — | 0 | 1.5 L |
| 7.2 L | -13K | 29K | —% | ₹70.70 | 310 | ₹0.25 | 71.3% | 50K | -27K | 13.1 L |
| 1.2 L | 0 | — | —% | ₹67.90 | 312.5 | ₹0.25 | 69.4% | — | 0 | 2.4 L |
| 3.6 L | 0 | — | —% | ₹66.55 | 315 | ₹0.25 | 66.3% | 8K | 0 | 2.7 L |
| 1.5 L | 0 | — | —% | ₹58.65 | 317.5 | ₹0.30 | 68.2% | 6K | 0 | 2.3 L |
| 8.7 L | -10K | 13K | —% | ₹62.25 | 320 | ₹0.25 | 63.3% | 66K | +1K | 10.9 L |
| 1.5 L | 0 | — | —% | ₹48.60 | 322.5 | ₹0.35 | 63.0% | 7K | 0 | 2.5 L |
| 2.2 L | 0 | — | —% | ₹56.00 | 325 | ₹0.35 | 60.5% | 8K | 0 | 4.5 L |
| 1.9 L | 0 | — | —% | ₹26.30 | 327.5 | ₹0.35 | 57.9% | 6K | 0 | 1.2 L |
| 9.7 L | 0 | 1K | —% | ₹52.35 | 330 | ₹0.35 | 57.5% | 3.4 L | -34K | 23.8 L |
| 1.3 L | 0 | — | —% | ₹33.40 | 332.5 | ₹0.50 | 57.5% | — | 0 | 88K |
| 3.5 L | -3K | 6K | —% | ₹46.85 | 335 | ₹0.40 | 52.1% | 14K | -10K | 3.0 L |
| 98K | 0 | — | —% | ₹35.90 | 337.5 | ₹0.50 | 55.3% | 6K | 0 | 2.1 L |
| 7.6 L | -17K | 60K | 32.4% | ₹44.10 | 340 | ₹0.50 | 51.1% | 3.0 L | -25K | 12.0 L |
| 85K | 0 | — | —% | ₹37.65 | 342.5 | ₹0.75 | 54.4% | 3K | 0 | 2.2 L |
| 2.5 L | -1K | 4K | 45.1% | ₹38.85 | 345 | ₹0.65 | 46.7% | 41K | -24K | 2.9 L |
| 3.7 L | 0 | — | —% | ₹20.65 | 347.5 | ₹0.75 | 45.8% | 21K | -8K | 1.8 L |
| 13.7 L | -22K | 46K | 33.7% | ₹31.75 | 350 | ₹0.70 | 44.6% | 7.3 L | -1.1 L | 15.4 L |
| 3.8 L | -7K | 20K | 35.8% | ₹30.10 | 352.5 | ₹0.75 | 42.5% | 43K | -8K | 1.2 L |
| 7.5 L | -25K | 57K | 37.1% | ₹30.05 | 355 | ₹0.90 | 40.5% | 2.5 L | +14K | 7.1 L |
| 1.8 L | -1K | 3K | 37.6% | ₹25.95 | 357.5 | ₹— | —% | — | — | — |
| 13.8 L | -15K | 1.6 L | 37.2% | ₹25.50 | 360 | ₹1.15 | 38.5% | 7.1 L | -14K | 13.5 L |
| 1.0 L | 0 | — | —% | ₹20.80 | 362.5 | ₹— | —% | — | — | — |
| 3.8 L | -36K | 1.3 L | 35.7% | ₹21.00 | 365 | ₹1.70 | 37.0% | 10.5 L | -34K | 9.0 L |
| 1.1 L | +1K | 8K | 32.6% | ₹16.60 | 367.5 | ₹— | —% | — | — | — |
| 11.4 L | -1.0 L | 5.0 L | 34.6% | ₹16.80 | 370 | ₹2.50 | 35.7% | 15.1 L | -28K | 12.4 L |
| 1.5 L | -7K | 56K | 31.5% | ₹14.20 | 372.5 | ₹— | —% | — | — | — |
| 6.2 L | +35K | 4.5 L | 31.6% | ₹12.30 | 375 | ₹3.70 | 34.7% | 8.8 L | +29K | 6.0 L |
| 1.7 L | -8K | 88K | 32.3% | ₹11.20 | 377.5 | ₹— | —% | — | — | — |
| 19.8 L | -2.7 L | 36.7 L | 31.4% | ₹9.05 | 380ATM | ₹5.45 | 34.2% | 26.0 L | +71K | 16.1 L |
| — | — | — | —% | ₹— | 382.5 | ₹6.20 | 33.8% | 2.1 L | -1K | 1.2 L |
| 9.9 L | +81K | 29.4 L | 31.2% | ₹6.35 | 385 | ₹7.85 | 34.3% | 10.7 L | +80K | 3.3 L |
| 22.3 L | +1.6 L | 39.0 L | 32.0% | ₹4.45 | 390 | ₹10.75 | 34.3% | 4.7 L | +1.2 L | 2.9 L |
| 9.3 L | +38K | 18.7 L | 31.7% | ₹2.85 | 395 | ₹13.60 | 32.6% | 1.6 L | +15K | 62K |
| 27.4 L | +3.0 L | 51.3 L | 31.9% | ₹1.80 | 400 | ₹17.45 | 32.6% | 1.8 L | +15K | 6.9 L |
| 2.4 L | +21K | 6.1 L | 32.5% | ₹1.10 | 405 | ₹21.70 | 32.9% | 1.5 L | -67K | 31K |
| 3.6 L | +1K | 4.0 L | 33.4% | ₹0.75 | 410 | ₹26.90 | 37.5% | 63K | -4K | 7.3 L |
| 52K | -1K | 71K | 35.4% | ₹0.40 | 415 | ₹58.80 | 181.2% | — | — | — |
| 2.2 L | +7K | 2.0 L | 33.9% | ₹0.25 | 420 | ₹36.95 | 39.4% | — | 0 | 3K |
| — | — | — | 2.3% | ₹— | 425 | ₹— | —% | — | — | — |
| — | — | — | 121.1% | ₹10.75 | 430 | ₹70.25 | 186.4% | — | — | — |
| — | — | — | 2.8% | ₹— | 435 | ₹— | —% | — | — | — |
| — | — | — | 3.0% | ₹— | 440 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 445 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 450 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 455 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 460 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 465 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 470 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 475 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 480 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 485 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 490 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 500 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 510 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 520 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 530 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance rests at ₹390, where call writers hold substantial open interest, while ₹370 acts as strong support backed by rising put OI. The highest OI concentration at ₹170—both calls and puts—marks a psychological floor and ceiling far out, signaling long-term neutrality. Near-term trading range appears confined between ₹370 and ₹390, with ₹382.85 spot price caught in a directional standoff.
OI Buildup Activity
Fresh longs dominate the 390 and 395 calls, with CE OI surging by 6.65 and 4.1 lakh contracts, suggesting aggressive call buying as writers test upside. On the put side, 370 sees massive accumulation of +6.78 lakh contracts, indicating strong hedging or fresh long put positions, while 330 adds notable bearish depth. This two-way buildup at 370 and 390 reflects a battle between bulls defending the range and bears preparing for downside failure.
Volatility Read
ATM IV at 0% is anomalous—likely reflecting delayed data—but neutral skew confirms balanced risk pricing across calls and puts. Absent volatility expansion, options positioning is driven purely by structural hedging rather than fear or leverage.
Strategy Implication
Range-bound bias favors premium sellers near ₹390 and buyers of put spreads toward ₹370, with breakout potential hinging on OI retention at extremes.