Steel Authority of India Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 137.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 140 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 142.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 145 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 147.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 150 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 152.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 155 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 157.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 160 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 162.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 165 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 167.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 170 | ₹— | —% | — | 0 | 14K |
| 0 | 0 | — | —% | ₹— | 172.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 175 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 177.5 | ₹— | —% | — | 0 | 0 |
| 61K | 0 | — | —% | ₹— | 180ATM | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 182.5 | ₹— | —% | — | 0 | 0 |
| 19K | 0 | — | —% | ₹— | 185 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 187.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 190 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 192.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 195 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 197.5 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 200 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 205 | ₹— | —% | — | 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 call open interest concentrates 100 contracts at the ₹162 strike, establishing a clear resistance level that traders watch for upside pressure. Conversely, the put side also aggregates 100 contracts at the same ₹162 strike, forming a solid support zone that may cushion downside moves. This mirrored OI pattern delineates an implied price corridor roughly spanning ₹150 to ₹174, suggesting that market participants expect the underlying to trade within this band through the November expiration.
OI Buildup Activity
There are no sizeable fresh additions to call open interest on adjacent strikes, indicating that option writers have not markedly increased bullish exposure in the current window. Similarly, put open interest shows negligible new builds, reflecting a steady defensive posture among participants who prefer to maintain existing short put positions rather than expand them. Overall, the market exhibits a balanced distribution of risk with no dominant directional tilt evident from recent OI changes.
Volatility Read
The at‑the‑money implied volatility registers at 109.99%, signaling that option premiums are priced relatively high for the underlying’s expected movement. The volatility skew is bearish, meaning out‑of‑the‑money puts carry higher implied volatility than comparable calls, a pattern often associated with downside bias among option traders.
Key OI Levels
The strikes with the highest open interest concentrations are ₹162 for both calls (100 contracts) and puts (100 contracts) open interest as of the close of trading today, reflecting current market sentiment and positions.