Solar Industries India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 15,500 | ₹— | —% | — | 0 | 750 |
| 450 | 0 | — | —% | ₹— | 16,000 | ₹— | —% | — | +100 | 2K |
| 0 | 0 | — | —% | ₹— | 16,250 | ₹— | —% | — | 0 | 0 |
| 100 | 0 | — | —% | ₹— | 16,500 | ₹— | —% | — | -650 | 2K |
| 0 | 0 | — | —% | ₹— | 16,750 | ₹— | —% | — | 0 | 50 |
| 300 | 0 | — | —% | ₹— | 17,000 | ₹— | —% | — | -950 | 11K |
| 0 | 0 | — | —% | ₹— | 17,250 | ₹— | —% | — | +50 | 100 |
| 400 | +250 | — | —% | ₹— | 17,500 | ₹— | —% | — | -825 | 14K |
| 1K | 0 | — | —% | ₹— | 17,750 | ₹— | —% | — | 0 | 0 |
| 7K | 0 | — | —% | ₹— | 18,000 | ₹— | —% | — | -4K | 24K |
| 450 | 0 | — | —% | ₹— | 18,250 | ₹— | —% | — | +375 | 1K |
| 3K | -25 | — | —% | ₹— | 18,500 | ₹— | —% | — | +2K | 8K |
| 6K | +100 | — | —% | ₹— | 18,750 | ₹— | —% | — | +575 | 1K |
| 35K | -2K | — | —% | ₹— | 19,000ATM | ₹— | —% | — | +4K | 61K |
| 4K | +1K | — | —% | ₹— | 19,250 | ₹— | —% | — | +3K | 5K |
| 18K | +1K | — | —% | ₹— | 19,500 | ₹— | —% | — | +2K | 15K |
| 5K | +3K | — | —% | ₹— | 19,750 | ₹— | —% | — | +2K | 3K |
| 32K | +3K | — | —% | ₹— | 20,000 | ₹— | —% | — | +125 | 20K |
| 2K | +575 | — | —% | ₹— | 20,250 | ₹— | —% | — | +25 | 275 |
| 4K | +1K | — | —% | ₹— | 20,500 | ₹— | —% | — | 0 | 400 |
| 1K | +650 | — | —% | ₹— | 20,750 | ₹— | —% | — | 0 | 100 |
| 16K | +250 | — | —% | ₹— | 21,000 | ₹— | —% | — | 0 | 4K |
| 775 | +275 | — | —% | ₹— | 21,250 | ₹— | —% | — | 0 | 0 |
| 1K | +250 | — | —% | ₹— | 21,500 | ₹— | —% | — | 0 | 100 |
| 3K | +1K | — | —% | ₹— | 21,750 | ₹— | —% | — | 0 | 0 |
| 12K | -750 | — | —% | ₹— | 22,000 | ₹— | —% | — | 0 | 1K |
| 1K | +550 | — | —% | ₹— | 22,250 | ₹— | —% | — | 0 | 0 |
| 1K | 0 | — | —% | ₹— | 22,500 | ₹— | —% | — | 0 | 0 |
| 5K | +4K | — | —% | ₹— | 23,000 | ₹— | —% | — | 0 | 200 |
| 0 | 0 | — | —% | ₹— | 23,500 | ₹— | —% | — | 0 | 0 |
| 2K | +425 | — | —% | ₹— | 25,000 | ₹— | —% | — | — | — |
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 option chain shows a tight concentration of open interest around the 19,200–19,500 strike band, anchoring the implied price corridor for the November expiry. At the money (ATM) strike of 19,240 registers the highest combined open interest, reinforcing it as the pivotal reference point for market participants. The nearest resistance is marked by the 20,000 call strike, while support is evident at the 19,000 put strike, delineating the primary trading range.
OI Buildup Activity
Fresh call open interest adds of 2,600 contracts at the 20,000 strike, 3,225 at 19,750, and 3,550 at 23,000 indicate aggressive positioning by sellers through aggressive speculative bets. On the put side, additions of 4,375 contracts at 19,000, 2,875 at 19,250, and 2,300 at 18,500 reflect a buildup of defensive hedges to protect underlying exposure. The symmetrical magnitude of OI inflows suggests market makers are balancing delta exposure rather than signalling directional bias.
Volatility Read
Implied volatility sits at 37.08%, indicating a moderately high premium priced into the November contracts across the sector's peers. The skew curve is neutral, showing no pronounced bias toward calls or puts at the current market level or an imminent earnings move.
Key OI Levels
The highest call OI of 10,000 contracts resides at the 19,200 strike, while the highest put OI of 10,000 contracts is located at the 19,200 strike as well, establishing it as both resistance and support and a key reference for option pricing today.