Suzlon Energy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 22 | ₹— | 19.2% | — | — | — |
| — | — | — | —% | ₹— | 24 | ₹— | 17.3% | — | — | — |
| — | — | — | —% | ₹— | 26 | ₹— | 15.5% | — | — | — |
| — | — | — | —% | ₹— | 28 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 29 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 30 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 31 | ₹— | 11.7% | — | — | — |
| 81K | 0 | — | —% | ₹16.26 | 32 | ₹0.01 | —% | — | 0 | 4.9 L |
| — | — | — | —% | ₹11.67 | 33 | ₹0.01 | —% | 1.8 L | -36K | 7.3 L |
| 1.2 L | 0 | — | —% | ₹18.45 | 34 | ₹0.01 | —% | — | 0 | 2.7 L |
| 9.2 L | 0 | — | —% | ₹17.98 | 35 | ₹0.01 | —% | 81K | -45K | 19.8 L |
| 5.1 L | 0 | — | —% | ₹14.00 | 36 | ₹0.02 | —% | — | 0 | 8.2 L |
| 1.8 L | 0 | — | —% | ₹13.20 | 37 | ₹0.01 | —% | 72K | -54K | 12.8 L |
| 5.0 L | 0 | — | —% | ₹14.73 | 38 | ₹0.02 | —% | 1.1 L | 0 | 35.8 L |
| 6.6 L | 0 | — | —% | ₹13.48 | 39 | ₹0.01 | —% | 3.9 L | -2.2 L | 24.7 L |
| 28.3 L | -9K | 27K | —% | ₹12.72 | 40 | ₹0.02 | —% | 32.0 L | -13.6 L | 96.8 L |
| 18.1 L | -9K | 18K | —% | ₹11.98 | 41 | ₹0.01 | 73.3% | 2.3 L | -36K | 41.7 L |
| 29.8 L | -27K | 1.1 L | —% | ₹10.97 | 42 | ₹0.01 | 67.5% | 2.3 L | +18K | 66.2 L |
| 18.7 L | -9K | 1.1 L | —% | ₹9.80 | 43 | ₹0.02 | 66.0% | 16.4 L | -1.3 L | 88.5 L |
| 1.15 Cr | +18K | 45K | —% | ₹9.00 | 44 | ₹0.02 | 59.6% | 12.2 L | +1.7 L | 1.54 Cr |
| 2.24 Cr | -18K | 2.4 L | —% | ₹7.80 | 45 | ₹0.04 | 59.2% | 66.9 L | +6.1 L | 1.45 Cr |
| 2.08 Cr | -9K | 1.3 L | —% | ₹7.02 | 46ATM | ₹0.06 | 56.2% | 1.22 Cr | +19.4 L | 2.78 Cr |
| 34.6 L | +63K | 2.0 L | —% | ₹5.90 | 47 | ₹0.09 | 53.2% | 33.8 L | +6.6 L | 87.5 L |
| 47.0 L | -18K | 4.4 L | —% | ₹4.89 | 48 | ₹0.13 | 50.1% | 33.9 L | -1.9 L | 91.4 L |
| 52.1 L | -9.6 L | 11.7 L | —% | ₹4.01 | 49 | ₹0.18 | 45.8% | 56.6 L | -7.5 L | 54.1 L |
| 1.11 Cr | -11.1 L | 66.4 L | 33.1% | ₹3.07 | 50 | ₹0.28 | 43.1% | 93.0 L | +9.7 L | 1.58 Cr |
| 19.3 L | -1.5 L | 10.6 L | 35.2% | ₹2.35 | 51 | ₹0.51 | 43.6% | 59.5 L | +10.2 L | 68.5 L |
| 95.2 L | -9.2 L | 1.41 Cr | 37.4% | ₹1.64 | 52 | ₹0.90 | 44.6% | 1.46 Cr | +6.9 L | 58.9 L |
| 1.38 Cr | +36K | 3.38 Cr | 39.4% | ₹1.16 | 53 | ₹1.40 | 46.3% | 76.3 L | +1.1 L | 86.9 L |
| 1.18 Cr | +6.8 L | 2.42 Cr | 41.4% | ₹0.79 | 54 | ₹2.00 | 48.1% | 21.4 L | +6.0 L | 17.1 L |
| 1.09 Cr | -7.1 L | 1.49 Cr | 44.2% | ₹0.56 | 55 | ₹2.79 | 51.1% | 6.0 L | +72K | 8.6 L |
| 1.58 Cr | -17.9 L | 1.83 Cr | 46.0% | ₹0.38 | 56 | ₹3.62 | 53.8% | 36K | 0 | 1.1 L |
| 21.1 L | +27K | 36.3 L | 48.0% | ₹0.27 | 57 | ₹11.55 | 296.1% | — | — | — |
| 37.0 L | +3.9 L | 65.0 L | 51.3% | ₹0.21 | 58 | ₹5.42 | 61.0% | 54K | +9K | 36K |
| 13.4 L | -1.1 L | 12.9 L | 52.9% | ₹0.14 | 59 | ₹9.78 | 191.1% | — | — | — |
| 1.11 Cr | +13.5 L | 1.09 Cr | 56.6% | ₹0.12 | 60 | ₹14.10 | 313.5% | — | — | — |
| — | — | — | 3.3% | ₹— | 61 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 62 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 63 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 64 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 65 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 66 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 68 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 70 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance sits at ₹53, backed by the highest call OI with 22 lakh contracts open. Strong support emerges at ₹51–₹50, anchored by peak put OI and significant concentration at ₹51 and ₹50 strikes. The implied trading range is boxed between ₹50 and ₹53, with the ATM strike at ₹52.86 pressing against supply overhead.
OI Buildup Activity
Fresh long calls are building aggressively at ₹53, ₹55, and ₹60, signaling bullish accumulation and targeting upside breakout. Call writers are defending ₹53 as a key resistance, but added longs at higher strikes suggest anticipation of extended rallies. On the put side, new long positions at ₹51, ₹53, and ₹50 indicate defensive hedging and support-building near current spot levels.
Volatility Read
ATM IV holds at 46.61%, reflecting elevated but stable volatility expectations ahead of expiry. The neutral skew suggests balanced fear and greed, with no pronounced bias in options pricing between calls and puts.
Strategy Implication
The structure favors a range-bound outlook with asymmetric upside risk, driven by fresh longs above ₹53 and strong put cushion below ₹51.