Swiggy Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 140 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 150 | ₹— | 13.7% | — | — | — |
| — | — | — | —% | ₹— | 160 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 170 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 175 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 180 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 185 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 190 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 195 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 200 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 205 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹106.15 | 210 | ₹0.10 | —% | 18K | +4K | 62K |
| — | — | — | —% | ₹— | 215 | ₹— | 5.8% | — | — | — |
| 77K | 0 | — | —% | ₹57.65 | 220 | ₹0.20 | 80.8% | — | 0 | 12K |
| — | — | — | —% | ₹— | 225 | ₹— | 4.8% | — | — | — |
| 4K | 0 | — | —% | ₹42.50 | 230 | ₹0.25 | 70.2% | — | 0 | 70K |
| 33K | 0 | — | —% | ₹44.00 | 235 | ₹0.45 | 70.6% | — | 0 | 20K |
| 27K | 0 | — | —% | ₹38.70 | 240 | ₹0.30 | 63.9% | 29K | -9K | 1.5 L |
| 29K | 0 | — | —% | ₹33.00 | 245 | ₹0.35 | 59.1% | 17K | -12K | 1.6 L |
| 1.6 L | 0 | 3K | 55.2% | ₹34.50 | 250 | ₹0.50 | 55.8% | 79K | +5K | 2.8 L |
| 69K | 0 | — | —% | ₹24.15 | 255 | ₹0.65 | 51.9% | 1.2 L | -27K | 2.4 L |
| 1.9 L | -5K | 78K | 55.0% | ₹25.35 | 260 | ₹0.95 | 49.6% | 4.0 L | +43K | 7.5 L |
| 1.1 L | -3K | 52K | 48.2% | ₹20.60 | 265 | ₹1.40 | 45.6% | 2.8 L | +21K | 6.1 L |
| 5.6 L | -25K | 2.0 L | 47.2% | ₹15.80 | 270 | ₹2.05 | 44.2% | 9.3 L | +2.9 L | 13.7 L |
| 3.2 L | -68K | 5.5 L | 46.0% | ₹12.10 | 275 | ₹3.25 | 43.0% | 5.2 L | +72K | 4.5 L |
| 23.9 L | -1.9 L | 31.3 L | 44.9% | ₹9.20 | 280ATM | ₹5.00 | 42.7% | 10.5 L | +87K | 11.6 L |
| 20.9 L | +13.7 L | 49.9 L | 46.5% | ₹6.90 | 285 | ₹7.75 | 43.1% | 6.4 L | +2.9 L | 4.2 L |
| 17.3 L | -46K | 28.0 L | 47.6% | ₹5.00 | 290 | ₹11.20 | 46.1% | 99K | -21K | 2.3 L |
| 2.9 L | +38K | 3.0 L | 48.9% | ₹3.50 | 295 | ₹14.15 | 45.8% | 57K | +9K | 34K |
| 25.7 L | +3.8 L | 20.4 L | 50.1% | ₹2.60 | 300 | ₹18.55 | 47.1% | 88K | +8K | 2.4 L |
| 1.6 L | +20K | 1.3 L | 50.5% | ₹1.75 | 305 | ₹22.30 | 47.1% | 34K | -3K | 17K |
| 3.5 L | +52K | 3.5 L | 51.4% | ₹1.10 | 310 | ₹26.85 | 47.6% | 14K | +3K | 39K |
| 90K | +9K | 43K | 52.0% | ₹0.80 | 315 | ₹31.20 | 44.0% | 18K | -4K | 66K |
| 4.5 L | +9K | 1.9 L | 52.3% | ₹0.45 | 320 | ₹35.90 | —% | 23K | +10K | 1.0 L |
| 72K | 0 | 1K | 53.5% | ₹0.35 | 325 | ₹44.80 | —% | — | 0 | 5K |
| 2.2 L | -5K | 62K | 52.2% | ₹0.15 | 330 | ₹45.50 | 39.3% | 17K | 0 | 33K |
| 17K | 0 | — | 58.8% | ₹0.15 | 335 | ₹60.40 | 131.8% | — | 0 | 22K |
| 26K | 0 | — | 54.7% | ₹0.05 | 340 | ₹79.25 | —% | — | 0 | 4K |
| — | — | — | —% | ₹13.30 | 345 | ₹40.35 | —% | — | — | — |
| 1.4 L | 0 | 1K | 63.2% | ₹0.10 | 350 | ₹68.10 | 101.5% | 1K | 0 | 53K |
| — | — | — | —% | ₹10.60 | 355 | ₹47.55 | —% | — | — | — |
| 13K | 0 | — | 93.8% | ₹0.50 | 360 | ₹75.30 | —% | 14K | 0 | 87K |
| — | — | — | 5.9% | ₹— | 365 | ₹— | —% | — | — | — |
| 1K | 0 | — | —% | ₹0.10 | 370 | ₹93.00 | —% | — | 0 | 30K |
| — | — | — | —% | ₹8.70 | 380 | ₹70.60 | —% | — | — | — |
| — | — | — | —% | ₹7.10 | 390 | ₹78.90 | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 400 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance stands at ₹140 due to peak call OI, though price action suggests this level is distant. Strong put OI at ₹140 also marks psychological support, reinforcing a floor well below current spot. Given the structure, implied range is currently bounded between ₹260 and ₹320, with concentration around ₹280.
OI Buildup Activity
Fresh longs in calls are building at ₹280, ₹300, and ₹320, signaling aggressive call writing above spot. The surge in call OI at ₹280 (+14.9 lakh) suggests writers are anchoring near current levels, possibly defending a break above. On the put side, longs are accumulating at ₹270 (+3.16 lakh), indicating strong demand for downside protection, while smaller adds at ₹260 and ₹280 show defensive positioning.
Volatility Read
ATM IV at 41.63% reflects elevated premium levels, typical for post-listing cycles with event-driven uncertainty. Bearish skew confirms put demand outpacing calls, with traders skewing defensive despite aggressive call writing.
Strategy Implication
Bias favors short premium strategies above ₹280 with protective downside structure, reflecting writer dominance and bearish sentiment.