Shriram Finance Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 680 | ₹— | —% | — | +75K | 75K |
| 2K | +2K | — | —% | ₹— | 700 | ₹— | —% | — | +23K | 1.7 L |
| 0 | 0 | — | —% | ₹— | 720 | ₹— | —% | — | -6K | 2.3 L |
| 0 | 0 | — | —% | ₹— | 740 | ₹— | —% | — | +13K | 1.6 L |
| 1.3 L | +36K | — | —% | ₹— | 760 | ₹— | —% | — | +74K | 4.4 L |
| 49K | +14K | — | —% | ₹— | 780 | ₹— | —% | — | +1.0 L | 3.1 L |
| 4.1 L | +1.1 L | — | —% | ₹— | 800 | ₹— | —% | — | +54K | 7.0 L |
| 8.5 L | +3.9 L | — | —% | ₹— | 820 | ₹— | —% | — | -11K | 7.4 L |
| 13.8 L | +3.7 L | — | —% | ₹— | 840 | ₹— | —% | — | +54K | 6.3 L |
| 7.8 L | +16K | — | —% | ₹— | 860 | ₹— | —% | — | +13K | 3.3 L |
| 7.1 L | -21K | — | —% | ₹— | 880 | ₹— | —% | — | -11K | 3.3 L |
| 18.2 L | +1.1 L | — | —% | ₹— | 900 | ₹— | —% | — | 0 | 5.0 L |
| 4.6 L | +16K | — | —% | ₹— | 920 | ₹— | —% | — | 0 | 81K |
| 10.3 L | +1.2 L | — | —% | ₹— | 940 | ₹— | —% | — | 0 | 1.5 L |
| 4.9 L | +26K | — | —% | ₹— | 960 | ₹— | —% | — | +825 | 1.3 L |
| 4.3 L | +55K | — | —% | ₹— | 980 | ₹— | —% | — | 0 | 38K |
| 21.0 L | +3.9 L | — | —% | ₹— | 1,000ATM | ₹— | —% | — | +825 | 2.4 L |
| 1.2 L | -2K | — | —% | ₹— | 1,020 | ₹— | —% | — | 0 | 2K |
| 1.6 L | +825 | — | —% | ₹— | 1,040 | ₹— | —% | — | +2K | 44K |
| 1.4 L | -2K | — | —% | ₹— | 1,060 | ₹— | —% | — | 0 | 48K |
| 74K | -7K | — | —% | ₹— | 1,080 | ₹— | —% | — | 0 | 12K |
| 2.3 L | +4K | — | —% | ₹— | 1,100 | ₹— | —% | — | +5K | 1.2 L |
| 17K | 0 | — | —% | ₹— | 1,120 | ₹— | —% | — | 0 | 31K |
| 4K | 0 | — | —% | ₹— | 1,160 | ₹— | —% | — | 0 | 18K |
| 20K | 0 | — | —% | ₹— | 1,200 | ₹— | —% | — | — | — |
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 820 ₹ strike accumulates 820 k contracts (+3,90,225 change), anchoring near the lower end of the implied price corridor and acting as a near‑term resistance barrier today, overall. The 1000 ₹ call shows the highest open interest at 1,000 k contracts (21,01,275), marking a strong ceiling where sellers may defend pricing and may cap further rallies. On the put side, the 1000 ₹ strike gathers 1,000 k contracts (2,44,200), providing a deep support level that could absorb buying pressure if the stock retests lower bounds and could trigger technical rebounds.
OI Buildup Activity
New open interest adds of 3,90,225 at 820 ₹ and 3,87,750 at 1000 ₹ call indicate that option writers are intensifying delta‑neutral hedges around the current spot to balance gamma exposure. The 840 ₹ call receives an additional 3,75,375 contracts, suggesting incremental protection for writers anticipating a modest upside bounce as volatility eases. On the downside, the 780 ₹ put adds 99,825 contracts while 760 ₹ and 680 ₹ puts grow by 79,200 and 75,075 respectively, reflecting bearish positioning as the market tests support, suggesting a cautious outlook.
Volatility Read
The at‑the‑money implied volatility stands at 27.29%, indicating a moderate premium for time value relative to peers while still leaving room for upward movement. The skew is bearish, with put premiums higher than calls, reinforcing the view of downside bias in the order flow which may widen if downside pressure persists.
Key OI Levels
Highest concentration resides at the 1,000 ₹ call (1,000 k) and 1,000 ₹ put (1,000 k) strikes.