SHREE CEMENT LIMITED Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 19,500 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 20,000 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 20,500 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 20,750 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 21,000 | ₹— | —% | — | +25 | 1K |
| 0 | 0 | — | —% | ₹— | 21,250 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 21,500 | ₹— | —% | — | +125 | 325 |
| 0 | 0 | — | —% | ₹— | 21,750 | ₹— | —% | — | 0 | 0 |
| 50 | 0 | — | —% | ₹— | 22,000 | ₹— | —% | — | +275 | 5K |
| 150 | +50 | — | —% | ₹— | 22,250 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 22,500 | ₹— | —% | — | 0 | 4K |
| 100 | 0 | — | —% | ₹— | 22,750 | ₹— | —% | — | 0 | 625 |
| 225 | 0 | — | —% | ₹— | 23,000 | ₹— | —% | — | -125 | 5K |
| 25 | 0 | — | —% | ₹— | 23,250 | ₹— | —% | — | +25 | 700 |
| 1K | -25 | — | —% | ₹— | 23,500 | ₹— | —% | — | +25 | 5K |
| 300 | -50 | — | —% | ₹— | 23,750 | ₹— | —% | — | +75 | 1K |
| 8K | -1K | — | —% | ₹— | 24,000 | ₹— | —% | — | +875 | 9K |
| 1K | +100 | — | —% | ₹— | 24,250 | ₹— | —% | — | +475 | 800 |
| 6K | -375 | — | —% | ₹— | 24,500 | ₹— | —% | — | -50 | 2K |
| 825 | +25 | — | —% | ₹— | 24,750 | ₹— | —% | — | 0 | 100 |
| 18K | +4K | — | —% | ₹— | 25,000ATM | ₹— | —% | — | 0 | 4K |
| 200 | 0 | — | —% | ₹— | 25,250 | ₹— | —% | — | 0 | 0 |
| 4K | -225 | — | —% | ₹— | 25,500 | ₹— | —% | — | 0 | 175 |
| 0 | 0 | — | —% | ₹— | 25,750 | ₹— | —% | — | 0 | 0 |
| 9K | -5K | — | —% | ₹— | 26,000 | ₹— | —% | — | 0 | 325 |
| 0 | 0 | — | —% | ₹— | 26,250 | ₹— | —% | — | 0 | 0 |
| 825 | 0 | — | —% | ₹— | 26,500 | ₹— | —% | — | 0 | 25 |
| 0 | 0 | — | —% | ₹— | 26,750 | ₹— | —% | — | 0 | 0 |
| 8K | +225 | — | —% | ₹— | 27,000 | ₹— | —% | — | 0 | 175 |
| 0 | 0 | — | —% | ₹— | 27,250 | ₹— | —% | — | 0 | 0 |
| 525 | 0 | — | —% | ₹— | 27,500 | ₹— | —% | — | 0 | 0 |
| 2K | +25 | — | —% | ₹— | 28,000 | ₹— | —% | — | 0 | 75 |
| 575 | 0 | — | —% | ₹— | 28,500 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 29,000 | ₹— | —% | — | — | — |
| 2K | 0 | — | —% | ₹— | 30,000 | ₹— | —% | — | — | — |
| 1K | 0 | — | —% | ₹— | 30,500 | ₹— | —% | — | — | — |
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 call open interest peaks at the 25,000 strike with 12,500 contracts, forming a strong resistance near that level during the current market cycle. On the put side, open interest also concentrates at the 12,500‑contract level around the 24,000 strike, providing a clear support zone and market participants are closely monitoring the levels. Together these concentrations suggest an implied trading range roughly between ₹24,000 and ₹25,000 for the upcoming expiry as implied by the concentrated open interest.
OI Buildup Activity
New open interest adds show 4,475 contracts added to the 25,000 call strike, indicating fresh positioning by writers at that level reflecting a tactical response to recent price action. The 24,000 put strike receives an incremental 850 contracts, while the 24,250 and 22,000 puts gain 450 and 275 contracts respectively, reflecting additional hedging activity as traders adjust their risk exposure. These additions expand the existing open‑interest landscape without materially shifting the overall distribution while maintaining the core support‑resistance framework.
Volatility Read
The at‑the‑money implied volatility stands at 25.58%, a moderate level for this equity relative to historical averages for the sector. The volatility skew is bearish, with out‑of‑the‑money puts priced higher than comparable calls indicating a mild bias toward downside moves.
Key OI Levels
The highest concentrations of open interest are at the 25,000 call strike and the 24,000 put strike, each with 12,500 contracts underscoring their significance for market makers, and likely to influence trading decisions today still.