Sun Pharmaceutical Industries Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,480 | ₹— | —% | — | +350 | 4K |
| 0 | 0 | — | —% | ₹— | 1,520 | ₹— | —% | — | 0 | 0 |
| 1K | 0 | — | —% | ₹— | 1,560 | ₹— | —% | — | +1.3 L | 2.0 L |
| 0 | 0 | — | —% | ₹— | 1,580 | ₹— | —% | — | -13K | 24K |
| 5K | 0 | — | —% | ₹— | 1,600 | ₹— | —% | — | -4K | 77K |
| 0 | 0 | — | —% | ₹— | 1,620 | ₹— | —% | — | +12K | 46K |
| 6K | 0 | — | —% | ₹— | 1,640 | ₹— | —% | — | -13K | 49K |
| 0 | 0 | — | —% | ₹— | 1,660 | ₹— | —% | — | +13K | 39K |
| 39K | +700 | — | —% | ₹— | 1,680 | ₹— | —% | — | -5K | 56K |
| 73K | +14K | — | —% | ₹— | 1,700ATM | ₹— | —% | — | +2.6 L | 7.8 L |
| 64K | +5K | — | —% | ₹— | 1,720 | ₹— | —% | — | +4K | 63K |
| 1.6 L | +53K | — | —% | ₹— | 1,740 | ₹— | —% | — | +36K | 1.9 L |
| 2.5 L | +40K | — | —% | ₹— | 1,760 | ₹— | —% | — | +16K | 1.8 L |
| 1.3 L | +24K | — | —% | ₹— | 1,780 | ₹— | —% | — | +12K | 1.5 L |
| 5.7 L | +1.3 L | — | —% | ₹— | 1,800 | ₹— | —% | — | +6K | 1.6 L |
| 64K | +16K | — | —% | ₹— | 1,820 | ₹— | —% | — | +350 | 16K |
| 5.1 L | +12K | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 18K |
| 64K | +21K | — | —% | ₹— | 1,860 | ₹— | —% | — | 0 | 43K |
| 94K | -9K | — | —% | ₹— | 1,880 | ₹— | —% | — | 0 | 7K |
| 1.6 L | +81K | — | —% | ₹— | 1,900 | ₹— | —% | — | 0 | 87K |
| 32K | +7K | — | —% | ₹— | 1,920 | ₹— | —% | — | 0 | 2K |
| 34K | +5K | — | —% | ₹— | 1,940 | ₹— | —% | — | 0 | 12K |
| 2.1 L | +92K | — | —% | ₹— | 1,960 | ₹— | —% | — | 0 | 1K |
| 20K | +2K | — | —% | ₹— | 1,980 | ₹— | —% | — | 0 | 5K |
| 46K | +21K | — | —% | ₹— | 2,000 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 0 |
| 7K | +7K | — | —% | ₹— | 2,080 | ₹— | —% | — | 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 side shows a concentration of open interest around the 1900 strike, with 81,550 contracts added recently, while the 1960 strike holds another 92,400 contracts. On the put side, the 1700 strike accumulates 2,62,500 contracts, and the 1560 strike adds 1,28,450 contracts, indicating strong defensive positioning. Together these levels suggest an implied price range roughly between 1,560 and 1,960 rupees for the upcoming expiry. The concentration of open interest near these strikes also implies that delta‑neutral strategies are being calibrated around the current market view, with traders likely adjusting gamma exposure as the expiry approaches and rebalancing their portfolio hedges today morning.
OI Buildup Activity
Fresh open interest appears at the 1800 call strike with an addition of 1,26,700 contracts, signaling aggressive writing near the current spot. The put side sees a sizable inflow at the 1740 strike, gaining 36,050 contracts, and a modest increase at the 1560 strike, reinforcing the support zone. Overall, the distribution of new contracts points to market participants fortifying both resistance and support contours.
Volatility Read
The at‑the‑money implied volatility stands at 22.82%, reflecting moderate expectation of price movement. The volatility skew is neutral, indicating comparable pricing pressure for out‑of‑the‑money calls and puts.
Key OI Levels
The highest call open interest resides at the 1900 strike, while the highest put open interest clusters at the 1700 strike.