Sun Pharmaceutical Industries Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
78.1 L
Total PE OI
51.9 L
PCR
0.66
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 800 | ₹— | 16.3% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 880 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 920 | ₹— | 13.2% | — | — | — |
| — | — | — | —% | ₹— | 960 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 1,000 | ₹— | 11.3% | — | — | — |
| — | — | — | —% | ₹— | 1,040 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 1,080 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 1,120 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 1,140 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 1,160 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 1,180 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 1,200 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹— | 1,220 | ₹— | 7.0% | — | — | — |
| — | — | — | —% | ₹— | 1,240 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹— | 1,260 | ₹— | 6.2% | — | — | — |
| — | — | — | —% | ₹— | 1,280 | ₹— | 5.9% | — | — | — |
| — | — | — | —% | ₹— | 1,300 | ₹— | 5.5% | — | — | — |
| — | — | — | —% | ₹— | 1,320 | ₹— | 5.2% | — | — | — |
| — | — | — | —% | ₹— | 1,340 | ₹— | 4.9% | — | — | — |
| 350 | +350 | — | —% | ₹310.30 | 1,360 | ₹1.55 | 73.9% | — | 0 | 350 |
| — | — | — | —% | ₹283.85 | 1,380 | ₹0.65 | 61.5% | 1K | +700 | 16K |
| 2K | 0 | — | —% | ₹270.45 | 1,400 | ₹0.60 | 57.9% | 90K | +56K | 2.1 L |
| — | — | — | —% | ₹247.40 | 1,420 | ₹1.00 | 56.4% | — | 0 | 9K |
| — | — | — | —% | ₹229.75 | 1,440 | ₹0.55 | 48.6% | 15K | -2K | 1.0 L |
| 350 | +350 | — | 162.8% | ₹274.75 | 1,460 | ₹0.90 | 47.7% | — | 0 | 16K |
| — | — | — | 58.6% | ₹195.95 | 1,480 | ₹0.90 | 44.7% | 12K | -2K | 88K |
| 17K | 0 | — | —% | ₹170.90 | 1,500 | ₹0.95 | 41.2% | 40K | +14K | 1.5 L |
| 52K | -1K | 2K | —% | ₹152.80 | 1,520 | ₹1.15 | 38.0% | 47K | -12K | 2.5 L |
| — | — | — | 68.9% | ₹149.70 | 1,540 | ₹1.60 | 35.2% | 24K | -5K | 1.1 L |
| 9K | 0 | — | 45.3% | ₹119.45 | 1,560 | ₹1.90 | 33.0% | 23K | -700 | 76K |
| 30K | 0 | — | 28.6% | ₹94.40 | 1,580 | ₹2.75 | 31.0% | 62K | -18K | 1.0 L |
| 98K | -16K | 50K | 14.0% | ₹76.90 | 1,600 | ₹4.20 | 29.0% | 2.7 L | -55K | 5.0 L |
| 71K | -4K | 65K | 17.1% | ₹58.50 | 1,620 | ₹6.45 | 27.3% | 1.4 L | -19K | 2.5 L |
| — | — | — | —% | ₹— | 1,630 | ₹7.80 | 26.3% | 67K | +11K | 1.2 L |
| 1.3 L | +6K | 1.6 L | 18.0% | ₹41.45 | 1,640 | ₹10.00 | 25.7% | 3.6 L | +45K | 3.6 L |
| — | — | — | —% | ₹— | 1,650 | ₹12.25 | 24.9% | 2.5 L | +26K | 2.0 L |
| 4.1 L | +3K | 4.6 L | 18.7% | ₹27.20 | 1,660 | ₹15.60 | 24.6% | 3.9 L | +25K | 3.3 L |
| — | — | — | —% | ₹— | 1,670 | ₹19.45 | 24.2% | 1.3 L | -5K | 70K |
| 6.3 L | +9K | 14.6 L | 19.0% | ₹16.35 | 1,680 | ₹24.95 | 24.9% | 2.9 L | -3K | 2.3 L |
| 3.1 L | +19K | 4.5 L | 19.1% | ₹12.25 | 1,690 | ₹30.75 | 25.1% | 95K | -4K | 4.2 L |
| 9.7 L | -34K | 12.2 L | 19.5% | ₹9.15 | 1,700 | ₹37.70 | 25.9% | 87K | -1K | 2.6 L |
| 2.2 L | +8K | 2.8 L | 19.9% | ₹6.85 | 1,710 | ₹54.00 | 35.0% | — | 0 | 1.3 L |
| 3.1 L | -4K | 4.0 L | 20.5% | ₹5.20 | 1,720 | ₹53.25 | 27.6% | 9K | -2K | 59K |
| 2.0 L | -2K | 1.5 L | 21.1% | ₹3.95 | 1,730 | ₹61.60 | 29.7% | 5K | +700 | 1.2 L |
| 5.4 L | -1K | 90K | 22.2% | ₹3.15 | 1,740 | ₹70.55 | 29.9% | 9K | -700 | 1.0 L |
| 3.4 L | +11K | 1.0 L | 22.6% | ₹2.45 | 1,750 | ₹79.85 | 33.0% | 6K | -350 | 81K |
| 2.2 L | -16K | 43K | 23.7% | ₹2.05 | 1,760 | ₹91.95 | 35.9% | 1K | 0 | 97K |
| 1.2 L | -16K | 70K | 24.8% | ₹1.60 | 1,770 | ₹83.00 | —% | — | 0 | 25K |
| 2.9 L | +1K | 48K | 25.8% | ₹1.35 | 1,780 | ₹126.70 | 60.3% | — | 0 | 62K |
| 1.6 L | +350 | 29K | 26.8% | ₹1.20 | 1,790 | ₹118.05 | 40.6% | 700 | 0 | 74K |
| 11.6 L | -29K | 3.5 L | 27.9% | ₹1.00 | 1,800ATM | ₹127.30 | 41.1% | 6K | -1K | 3.5 L |
| 54K | -9K | 17K | 29.8% | ₹0.90 | 1,810 | ₹155.35 | 64.8% | — | 0 | 42K |
| 2.6 L | +4K | 30K | 30.1% | ₹0.70 | 1,820 | ₹147.90 | 25.8% | — | 0 | 20K |
| 4.6 L | 0 | 24K | 30.7% | ₹0.65 | 1,830 | ₹170.00 | 61.7% | — | 0 | 24K |
| 1.0 L | -2K | 11K | 31.4% | ₹0.55 | 1,840 | ₹179.00 | 62.4% | — | 0 | 19K |
| 1.2 L | +4K | 30K | 33.7% | ₹0.60 | 1,850 | ₹148.25 | —% | — | 0 | 24K |
| 23K | +350 | 2K | 35.0% | ₹0.50 | 1,860 | ₹142.05 | —% | — | 0 | 19K |
| 39K | -15K | 24K | 34.5% | ₹0.40 | 1,870 | ₹211.20 | 73.3% | — | 0 | 22K |
| 19K | -6K | 13K | 36.5% | ₹0.45 | 1,880 | ₹110.40 | —% | — | 0 | 2K |
| 18K | 0 | — | 48.1% | ₹1.85 | 1,890 | ₹— | —% | — | — | — |
| 2.3 L | -19K | 57K | 40.3% | ₹0.45 | 1,900 | ₹230.75 | 61.8% | 1K | 0 | 15K |
| 17K | -350 | 5K | 38.7% | ₹0.25 | 1,910 | ₹— | —% | — | — | — |
| 20K | 0 | — | 43.8% | ₹0.55 | 1,920 | ₹205.50 | —% | — | 0 | 15K |
| 3K | 0 | — | 44.6% | ₹0.50 | 1,930 | ₹— | —% | — | — | — |
| 11K | 0 | — | 45.4% | ₹0.45 | 1,940 | ₹280.15 | 86.9% | — | — | — |
| 12K | 0 | — | 44.4% | ₹0.30 | 1,950 | ₹— | —% | — | — | — |
| 12K | 0 | — | 48.1% | ₹0.45 | 1,960 | ₹244.70 | —% | — | 0 | 1K |
| 5K | 0 | — | 49.1% | ₹0.35 | 1,980 | ₹316.75 | 87.6% | — | — | — |
| 1.1 L | -700 | 10K | 50.5% | ₹0.30 | 2,000 | ₹320.00 | —% | — | 0 | 5K |
| — | — | — | 92.0% | ₹8.25 | 2,020 | ₹296.85 | —% | — | — | — |
| — | — | — | 78.9% | ₹3.30 | 2,040 | ₹373.15 | 88.7% | — | — | — |
| 3K | 0 | 350 | 48.4% | ₹0.05 | 2,060 | ₹333.70 | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 2,080 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 2,100 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 2,120 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 2,140 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 2,160 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 2,180 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 2,200 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 2,220 | ₹— | —% | — | — | — |
| — | — | — | 6.4% | ₹— | 2,240 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 2,260 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 2,280 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 2,320 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 2,360 | ₹— | —% | — | — | — |
| — | — | — | 8.0% | ₹— | 2,400 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 2,440 | ₹— | —% | — | — | — |
| — | — | — | 8.7% | ₹— | 2,480 | ₹— | —% | — | — | — |
| — | — | — | 9.1% | ₹— | 2,520 | ₹— | —% | — | — | — |
| — | — | — | 9.4% | ₹— | 2,560 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
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Key Strike Levels
Strong resistance forms at ₹1700, where call OI stands highest, capping near-term upside. Immediate support lies at ₹1640, backed by significant put OI accumulation. The implied range narrows between ₹1640 and ₹1700, with ₹1680–1690 acting as pivotal breakout triggers.
OI Buildup Activity
Fresh long calls dominate at ₹1680 and ₹1700, signaling aggressive call writing as traders build short positions ahead of resistance. Notably, ₹1690 sees concurrent call and put OI adds, reflecting hedging or short strangle setups by writers. On the put side, strong long positions at ₹1640 suggest institutional long puts are guarding against downside, with additional support at ₹1660.
Volatility Read
ATM IV at 0% indicates subdued near-term volatility expectations despite structural buildup. The bearish skew confirms preference for downside protection, with puts commanding higher implied valuations than calls.
Strategy Implication
Bias leans range-bound with a negative tilt, favoring premium-selling strategies between ₹1640 and ₹1700 with caution on breakout to the upside.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for Sun Pharmaceutical Industries Limited today?▾
The strike with highest call (CE) open interest for Sun Pharmaceutical Industries Limited is ₹1,800 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for Sun Pharmaceutical Industries Limited today?▾
The strike with highest put (PE) open interest for Sun Pharmaceutical Industries Limited is ₹1,600 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in Sun Pharmaceutical Industries Limited options mean?▾
Open Interest (OI) buildup in Sun Pharmaceutical Industries Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does Sun Pharmaceutical Industries Limited options expire?▾
Sun Pharmaceutical Industries Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read Sun Pharmaceutical Industries Limited option chain?▾
The Sun Pharmaceutical Industries Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.