Solar Industries India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 200 | 0 | — | —% | ₹— | 15,500 | ₹— | —% | — | 0 | 1K |
| 850 | 0 | — | —% | ₹— | 16,000 | ₹— | —% | — | 0 | 3K |
| 250 | 0 | — | —% | ₹— | 16,250 | ₹— | —% | — | 0 | 150 |
| — | — | — | —% | ₹— | 16,500 | ₹— | —% | — | -50 | 500 |
| 100 | 0 | — | —% | ₹— | 17,000 | ₹— | —% | — | -50 | 7K |
| — | — | — | —% | ₹— | 17,250 | ₹— | —% | — | -50 | 400 |
| 200 | 0 | — | —% | ₹— | 17,500 | ₹— | —% | — | -200 | 1K |
| — | — | — | —% | ₹— | 17,750 | ₹— | —% | — | 0 | 100 |
| 1K | -200 | — | —% | ₹— | 18,000 | ₹— | —% | — | -11K | 33K |
| 50 | 0 | — | —% | ₹— | 18,250 | ₹— | —% | — | 0 | 1K |
| 550 | 0 | — | —% | ₹— | 18,500 | ₹— | —% | — | +1K | 15K |
| 250 | 0 | — | —% | ₹— | 18,750 | ₹— | —% | — | -450 | 4K |
| 14K | -150 | — | —% | ₹— | 19,000 | ₹— | —% | — | -550 | 46K |
| 4K | 0 | — | —% | ₹— | 19,250 | ₹— | —% | — | -300 | 9K |
| 7K | -3K | — | —% | ₹— | 19,500 | ₹— | —% | — | +350 | 30K |
| 5K | 0 | — | —% | ₹— | 19,750 | ₹— | —% | — | +2K | 13K |
| 64K | -5K | — | —% | ₹— | 20,000ATM | ₹— | —% | — | -11K | 96K |
| 12K | -150 | — | —% | ₹— | 20,250 | ₹— | —% | — | -1K | 14K |
| 37K | -400 | — | —% | ₹— | 20,500 | ₹— | —% | — | -3K | 56K |
| 5K | -350 | — | —% | ₹— | 20,750 | ₹— | —% | — | -500 | 5K |
| 89K | -8K | — | —% | ₹— | 21,000 | ₹— | —% | — | +2K | 51K |
| 11K | -3K | — | —% | ₹— | 21,250 | ₹— | —% | — | +7K | 36K |
| 78K | +18K | — | —% | ₹— | 21,500 | ₹— | —% | — | +3K | 37K |
| 25K | +1K | — | —% | ₹— | 21,750 | ₹— | —% | — | +2K | 7K |
| 1.2 L | +41K | — | —% | ₹— | 22,000 | ₹— | —% | — | -700 | 10K |
| 6K | -2K | — | —% | ₹— | 22,250 | ₹— | —% | — | +800 | 1K |
| 63K | +1K | — | —% | ₹— | 22,500 | ₹— | —% | — | 0 | 0 |
| 2K | +2K | — | —% | ₹— | 22,750 | ₹— | —% | — | 0 | 0 |
| 86K | -8K | — | —% | ₹— | 23,000 | ₹— | —% | — | +50 | 800 |
| 2K | +700 | — | —% | ₹— | 23,250 | ₹— | —% | — | 0 | 0 |
| 5K | +4K | — | —% | ₹— | 23,500 | ₹— | —% | — | 0 | 0 |
| 9K | +900 | — | —% | ₹— | 23,750 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 24,000 | ₹— | —% | — | 0 | 0 |
| 7K | +7K | — | —% | ₹— | 24,250 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 24,500 | ₹— | —% | — | 0 | 0 |
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 21500 call strike holds the largest open interest at 12,500 contracts, acting as a near‑term resistance point for the index. This level aligns with the current spot of 21,445 and suggests limited upside beyond the strike. Conversely, the 21250 put strike also shows 12,500 contracts open, establishing a substantial support zone beneath the spot price and is closely watched by market participants anticipating a potential bounce. Implied volatility suggests an expected trading range roughly between 20,800 and 22,200, bounded by the heavy OI clusters at these strikes. These levels also coincide with the 10‑day moving average, reinforcing technical relevance.
OI Buildup Activity
During the latest session, call open interest at 22000 accrued an additional 41,150 contracts, pushing its total to 22,000, indicating aggressive long positioning. The surge reflects new capital inflow into the call side amid bullish sentiment. The 21500 call added 17,850 contracts, reinforcing the resistance tier and reflecting continued writer interest at the ATM level. This adds pressure on upside. On the put side, 21250 accumulated 7,450 new contracts, strengthening the support base as sellers hedge near‑term downside risk.
Volatility Read
At‑the‑money implied volatility stands at 31.47%, indicating moderate premium levels for the September expiry. The skew is bearish, with put IV modestly higher than call IV, suggesting market bias toward downside moves.
Key OI Levels
The strikes with the highest open interest are 21500 for calls and 21250 for puts, each with 12,500 contracts.