Tata Consultancy Services Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 1,320 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 1,360 | ₹— | 14.2% | — | — | — |
| — | — | — | —% | ₹— | 1,400 | ₹— | 13.5% | — | — | — |
| — | — | — | —% | ₹— | 1,440 | ₹— | 12.9% | — | — | — |
| — | — | — | —% | ₹— | 1,480 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 1,520 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 1,560 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 1,600 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 1,640 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 1,680 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 1,700 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 1,720 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 1,740 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 1,760 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 1,780 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 1,800 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 1,820 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 1,840 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹— | 1,860 | ₹— | 7.3% | — | — | — |
| 24K | 0 | — | —% | ₹488.25 | 1,880 | ₹0.35 | —% | 2K | -175 | 50K |
| — | — | — | —% | ₹— | 1,900 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹1267.40 | 1,920 | ₹0.45 | —% | 8K | -5K | 39K |
| — | — | — | —% | ₹— | 1,940 | ₹— | 6.3% | — | — | — |
| 525 | 0 | — | —% | ₹527.15 | 1,960 | ₹0.50 | —% | 2K | +700 | 23K |
| — | — | — | —% | ₹— | 1,980 | ₹— | 5.9% | — | — | — |
| 5K | 0 | — | —% | ₹527.30 | 2,000 | ₹0.50 | 75.4% | 45K | -5K | 2.5 L |
| — | — | — | —% | ₹— | 2,020 | ₹— | 5.4% | — | — | — |
| 175 | 0 | — | —% | ₹454.40 | 2,040 | ₹0.55 | 70.8% | 11K | -2K | 51K |
| — | — | — | —% | ₹— | 2,060 | ₹— | 5.0% | — | — | — |
| 175 | 0 | — | —% | ₹340.70 | 2,080 | ₹0.65 | 67.5% | 14K | -6K | 31K |
| — | — | — | —% | ₹— | 2,100 | ₹— | 4.6% | — | — | — |
| 61K | 0 | — | —% | ₹375.00 | 2,120 | ₹0.75 | 63.3% | 5K | +875 | 76K |
| — | — | — | 105.9% | ₹462.25 | 2,140 | ₹0.85 | 59.7% | 4K | -3K | 91K |
| 525 | 0 | — | —% | ₹355.00 | 2,160 | ₹0.85 | 59.4% | 7K | -3K | 1.0 L |
| 175 | 0 | — | —% | ₹280.40 | 2,180 | ₹1.00 | 58.2% | 2K | -1K | 45K |
| 1.2 L | 0 | 175 | —% | ₹370.00 | 2,200 | ₹1.10 | 56.4% | 90K | -38K | 3.2 L |
| 350 | 0 | — | —% | ₹270.00 | 2,220 | ₹1.20 | 53.8% | 5K | -1K | 24K |
| 4K | 0 | — | —% | ₹325.00 | 2,240 | ₹1.35 | 52.2% | 15K | -4K | 41K |
| 13K | 0 | — | —% | ₹302.95 | 2,260 | ₹1.50 | 50.3% | 30K | +875 | 1.4 L |
| — | — | — | —% | ₹752.80 | 2,280 | ₹1.55 | 48.3% | 67K | -30K | 87K |
| 1.3 L | -6K | 11K | —% | ₹290.45 | 2,300 | ₹1.75 | 46.5% | 2.2 L | -22K | 5.8 L |
| 41K | 0 | 8K | —% | ₹268.05 | 2,320 | ₹2.05 | 44.5% | 82K | +2K | 1.2 L |
| 97K | -1K | 10K | —% | ₹251.00 | 2,340 | ₹2.25 | 43.2% | 85K | +700 | 2.4 L |
| 1.1 L | -875 | 7K | —% | ₹231.65 | 2,360 | ₹2.50 | 41.3% | 1.0 L | -6K | 2.6 L |
| 1.4 L | -7K | 11K | —% | ₹212.00 | 2,380 | ₹2.85 | 39.5% | 1.3 L | -20K | 2.0 L |
| 5.1 L | -73K | 92K | —% | ₹193.00 | 2,400 | ₹3.35 | 37.6% | 5.6 L | -89K | 10.2 L |
| 2.8 L | -57K | 72K | —% | ₹174.30 | 2,420 | ₹3.75 | 35.5% | 2.2 L | -75K | 4.0 L |
| 1.7 L | +2K | 26K | —% | ₹153.90 | 2,440 | ₹4.60 | 34.1% | 2.3 L | -20K | 2.8 L |
| 1.1 L | -2K | 11K | —% | ₹132.05 | 2,460 | ₹5.45 | 32.3% | 3.7 L | -15K | 2.4 L |
| 1.3 L | -525 | 14K | 44.0% | ₹114.70 | 2,480 | ₹6.90 | 31.0% | 5.9 L | -56K | 3.4 L |
| 8.5 L | -38K | 2.2 L | —% | ₹97.00 | 2,500 | ₹8.85 | 29.8% | 10.5 L | +77K | 7.3 L |
| 1.4 L | +4K | 1.8 L | —% | ₹81.75 | 2,520 | ₹11.85 | 29.1% | 4.3 L | -20K | 2.3 L |
| 3.9 L | -11K | 3.0 L | —% | ₹64.70 | 2,540 | ₹16.10 | 28.7% | 4.8 L | +40K | 5.1 L |
| 5.5 L | -6K | 5.9 L | 11.8% | ₹50.95 | 2,560 | ₹21.65 | 28.4% | 6.4 L | +12K | 4.3 L |
| 6.0 L | -23K | 16.6 L | 14.1% | ₹37.85 | 2,580 | ₹28.80 | 28.4% | 5.1 L | +70K | 3.4 L |
| 24.0 L | -1.4 L | 36.6 L | 16.1% | ₹28.00 | 2,600ATM | ₹39.20 | 29.4% | 7.6 L | +37K | 4.7 L |
| 4.0 L | +22K | 9.6 L | 17.5% | ₹20.40 | 2,620 | ₹51.35 | 30.8% | 1.6 L | +27K | 1.1 L |
| 4.0 L | +4K | 8.2 L | 18.7% | ₹14.65 | 2,640 | ₹64.35 | 32.4% | 36K | -2K | 71K |
| 6.8 L | +15K | 5.8 L | 19.5% | ₹10.25 | 2,660 | ₹80.30 | 34.7% | 14K | +350 | 64K |
| 3.2 L | +33K | 6.8 L | 20.9% | ₹7.60 | 2,680 | ₹97.05 | 37.0% | 10K | +1K | 32K |
| 16.5 L | -81K | 12.2 L | 22.0% | ₹5.60 | 2,700 | ₹115.00 | 39.8% | 19K | -6K | 2.2 L |
| 3.2 L | +23K | 2.5 L | 23.5% | ₹4.35 | 2,720 | ₹133.55 | 42.8% | 10K | +6K | 11K |
| 3.3 L | -71K | 2.8 L | 24.7% | ₹3.35 | 2,740 | ₹152.55 | 45.9% | 26K | +22K | 30K |
| 2.8 L | -10K | 1.8 L | 25.8% | ₹2.65 | 2,760 | ₹171.55 | 45.4% | 3K | -875 | 17K |
| 1.7 L | +27K | 1.2 L | 27.0% | ₹2.10 | 2,780 | ₹273.05 | 98.3% | — | 0 | 7K |
| 17.0 L | -72K | 6.0 L | 28.4% | ₹1.75 | 2,800 | ₹212.80 | 56.5% | 11K | -4K | 4.3 L |
| 90K | -4K | 43K | 29.8% | ₹1.45 | 2,820 | ₹252.35 | 58.7% | — | 0 | 1K |
| 1.4 L | -13K | 58K | 31.1% | ₹1.25 | 2,840 | ₹295.00 | 84.0% | — | 0 | 23K |
| 1.6 L | -6K | 59K | 32.5% | ₹1.00 | 2,860 | ₹286.90 | 58.2% | — | 0 | 3K |
| 1.3 L | -5K | 33K | 33.6% | ₹0.90 | 2,880 | ₹294.50 | 67.8% | 3K | 0 | 11K |
| — | — | — | 2.5% | ₹— | 2,900 | ₹— | —% | — | — | — |
| 1.4 L | -6K | 16K | 36.6% | ₹0.70 | 2,920 | ₹349.00 | 72.6% | 175 | 0 | 12K |
| — | — | — | 2.8% | ₹— | 2,940 | ₹— | —% | — | — | — |
| 35K | -4K | 6K | 40.3% | ₹0.75 | 2,960 | ₹387.00 | 72.1% | — | 0 | 2K |
| — | — | — | 3.1% | ₹— | 2,980 | ₹— | —% | — | — | — |
| 9.3 L | -43K | 1.3 L | 43.2% | ₹0.65 | 3,000 | ₹409.50 | 84.1% | 69K | -47K | 4.7 L |
| — | — | — | 3.4% | ₹— | 3,020 | ₹— | —% | — | — | — |
| — | — | — | 269.7% | ₹240.10 | 3,040 | ₹670.00 | 252.8% | — | 0 | 1K |
| — | — | — | 3.7% | ₹— | 3,060 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹215.10 | 3,080 | ₹512.00 | 95.0% | — | 0 | 5K |
| — | — | — | 4.0% | ₹— | 3,100 | ₹— | —% | — | — | — |
| 33K | +1K | 3K | 49.1% | ₹0.30 | 3,120 | ₹529.95 | 98.0% | 94K | -88K | 1.6 L |
| — | — | — | 4.3% | ₹— | 3,140 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹170.15 | 3,160 | ₹123.80 | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 3,180 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹150.25 | 3,200 | ₹606.00 | 102.4% | 5K | 0 | 4.0 L |
| — | — | — | 4.8% | ₹— | 3,220 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹132.00 | 3,240 | ₹164.40 | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 3,260 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹115.40 | 3,280 | ₹187.15 | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 3,300 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹100.40 | 3,320 | ₹211.55 | —% | — | — | — |
| — | — | — | —% | ₹86.90 | 3,360 | ₹237.45 | —% | — | — | — |
| 94K | -350 | 2K | 62.6% | ₹0.10 | 3,400 | ₹264.80 | —% | — | — | — |
| — | — | — | —% | ₹64.20 | 3,440 | ₹293.50 | —% | — | — | — |
| — | — | — | —% | ₹54.95 | 3,480 | ₹323.65 | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 3,520 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 3,560 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 3,600 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 3,640 | ₹1046.00 | —% | 350 | -175 | 20K |
| — | — | — | 7.8% | ₹— | 3,680 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance clusters at ₹1320, where highest call OI creates a strong supply zone. Immediate support anchors at the same ₹1320 put strike—an unusual dual-sided peak suggesting a pivotal breakout/breakdown level. The implied range is tightly bounded between ₹2560 and ₹2600, with spot trading just above the ATM node.
OI Buildup Activity
Fresh longs dominate the 2560 and 2580 puts, signaling aggressive downside hedging and positioning by bears. Writers are absorbing premium at 2600 calls, evidenced by massive +27.8k OI addition, indicating resistance stacking. Additional long put entries at 2400 (67.7k) confirm long-term downside protection plays.
Volatility Read
ATM IV at 16.89% sits near neutral territory, offering no pronounced expansion signal. However, the bearish skew—driven by heavy put loading below spot—tilts the structure to downside bias.
Strategy Implication
Structural alignment favors short premium strategies with directional bearish bias above ₹2600.