Tata Elxsi Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 2,300 | ₹— | 14.9% | — | — | — |
| — | — | — | —% | ₹— | 2,400 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 2,500 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 2,600 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 2,700 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 2,800 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 2,850 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 2,900 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 2,950 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 3,000 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 3,050 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 3,100 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 3,150 | ₹— | 8.0% | — | — | — |
| 600 | 0 | — | —% | ₹1147.05 | 3,200 | ₹1.95 | —% | 300 | 0 | 9K |
| — | — | — | —% | ₹— | 3,250 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹1568.40 | 3,300 | ₹1.80 | —% | — | +100 | 100 |
| — | — | — | —% | ₹— | 3,350 | ₹— | 6.6% | — | — | — |
| 100 | 0 | — | —% | ₹778.00 | 3,400 | ₹1.95 | —% | 1K | +200 | 1K |
| — | — | — | —% | ₹— | 3,450 | ₹— | 6.0% | — | — | — |
| — | — | — | —% | ₹1526.55 | 3,500 | ₹2.50 | —% | 300 | -100 | 4K |
| — | — | — | —% | ₹1003.85 | 3,550 | ₹15.25 | —% | — | — | — |
| 1K | 0 | — | —% | ₹570.75 | 3,600 | ₹8.30 | 90.8% | — | 0 | 400 |
| — | — | — | 123.2% | ₹912.85 | 3,650 | ₹23.10 | 107.5% | — | — | — |
| 1K | 0 | — | —% | ₹411.95 | 3,700 | ₹3.65 | 70.7% | — | 0 | 11K |
| 1K | 0 | — | —% | ₹400.10 | 3,750 | ₹33.85 | 107.3% | — | — | — |
| 900 | 0 | — | 117.9% | ₹779.00 | 3,800 | ₹4.30 | 73.6% | 3K | +2K | 33K |
| 600 | 0 | — | —% | ₹626.40 | 3,850 | ₹61.25 | 116.3% | — | +200 | 200 |
| 5K | 0 | — | 126.0% | ₹711.70 | 3,900 | ₹6.50 | 70.1% | 19K | +6K | 9K |
| 1K | 0 | — | —% | ₹383.25 | 3,950 | ₹10.35 | 71.1% | 200 | 0 | 7K |
| 13K | -100 | 200 | 66.7% | ₹625.00 | 4,000 | ₹9.45 | 66.2% | 22K | +1K | 58K |
| 2K | 0 | — | —% | ₹320.50 | 4,050 | ₹10.55 | 63.5% | 2K | -100 | 4K |
| 17K | -900 | 1K | 61.4% | ₹532.90 | 4,100 | ₹12.50 | 61.1% | 31K | -1K | 22K |
| 8K | 0 | — | —% | ₹338.00 | 4,150 | ₹14.70 | 59.6% | 8K | +1K | 17K |
| 32K | -500 | 2K | 57.6% | ₹439.95 | 4,200 | ₹17.60 | 56.9% | 60K | +8K | 47K |
| 6K | -300 | 600 | 56.5% | ₹418.70 | 4,250 | ₹22.90 | 54.9% | 19K | +7K | 19K |
| 23K | +100 | 4K | 52.6% | ₹350.00 | 4,300 | ₹27.75 | 53.9% | 58K | +11K | 42K |
| 3K | 0 | — | 55.4% | ₹245.30 | 4,350 | ₹33.05 | 52.4% | 33K | +4K | 22K |
| 32K | -800 | 6K | 52.1% | ₹281.55 | 4,400 | ₹43.65 | 51.3% | 1.3 L | +9K | 39K |
| 18K | -2K | 9K | 52.0% | ₹245.00 | 4,450 | ₹54.90 | 50.5% | 45K | +3K | 22K |
| 46K | -10K | 1.3 L | 51.3% | ₹219.15 | 4,500 | ₹68.90 | 49.7% | 1.5 L | +15K | 66K |
| 31K | -19K | 2.8 L | 49.4% | ₹180.30 | 4,550 | ₹85.90 | 49.2% | 99K | +3K | 34K |
| 79K | +17K | 3.3 L | 49.2% | ₹150.75 | 4,600 | ₹106.00 | 48.8% | 1.6 L | +29K | 58K |
| 51K | +21K | 1.7 L | 48.5% | ₹124.00 | 4,650 | ₹129.75 | 48.5% | 29K | +5K | 17K |
| 90K | -200 | 4.3 L | 48.4% | ₹101.65 | 4,700 | ₹156.75 | 48.0% | 19K | +2K | 26K |
| 19K | -13K | 94K | 48.9% | ₹82.95 | 4,750 | ₹283.00 | 54.6% | — | 0 | 4K |
| 71K | +21K | 2.2 L | 49.0% | ₹67.10 | 4,800 | ₹227.00 | 48.0% | 6K | +600 | 10K |
| 32K | +15K | 55K | 49.7% | ₹56.00 | 4,850 | ₹462.80 | 101.3% | — | — | — |
| 66K | +11K | 1.7 L | 50.1% | ₹43.60 | 4,900 | ₹291.20 | 47.2% | 100 | 0 | 2K |
| 43K | +800 | 47K | 51.1% | ₹35.80 | 4,950 | ₹348.25 | —% | — | 0 | 200 |
| 2.3 L | +54K | 4.9 L | 52.4% | ₹30.00 | 5,000ATM | ₹377.90 | 52.2% | 4K | +1K | 14K |
| 20K | +9K | 39K | 53.0% | ₹24.00 | 5,050 | ₹702.30 | 141.4% | — | 0 | 700 |
| 31K | +8K | 97K | 54.4% | ₹20.75 | 5,100 | ₹610.00 | 76.6% | — | 0 | 1K |
| — | — | — | 2.9% | ₹— | 5,150 | ₹— | —% | — | — | — |
| 57K | +34K | 1.4 L | 56.5% | ₹14.45 | 5,200 | ₹587.30 | 56.6% | 300 | -200 | 600 |
| — | — | — | 3.3% | ₹— | 5,250 | ₹— | —% | — | — | — |
| 73K | +7K | 1.0 L | 58.5% | ₹9.65 | 5,300 | ₹555.60 | —% | — | 0 | 1K |
| — | — | — | 3.7% | ₹— | 5,350 | ₹— | —% | — | — | — |
| 90K | +22K | 1.3 L | 59.6% | ₹6.25 | 5,400 | ₹782.30 | 53.9% | 2K | +100 | 9K |
| — | — | — | 4.1% | ₹— | 5,450 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹397.30 | 5,500 | ₹398.10 | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 5,550 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹353.65 | 5,600 | ₹452.90 | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 5,650 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹313.70 | 5,700 | ₹511.40 | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 5,750 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹277.35 | 5,800 | ₹573.50 | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 5,850 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹244.40 | 5,900 | ₹639.05 | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 5,950 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 6,000 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 6,100 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 6,200 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 6,300 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 6,400 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance holds at 5000, backed by the highest call OI buildup and reinforced by large fresh longs. Strong support forms at 4650–4700, where put OI has surged with significant fresh positioning. The implied range narrows between 4650 and 5000, with 4800–4900 acting as a secondary resistance cluster.
OI Buildup Activity
Call writers aggressively build fresh short positions at 5000 (+45,700 OI), signaling confidence in resistance holding near-term. Additional CE open interest accumulation at 5300 and 4900 suggests speculative longs are extending bullish bets into higher strikes. On the put side, 4700 sees robust OI addition (+12,300), with 4650 and 4800 also attracting buyer interest, indicating defensive positioning near current spot.
Volatility Read
ATM IV at 42.84% reflects elevated near-term risk premium, supporting volatility-sensitive strategies. The current bearish skew—higher put IV relative to calls—suggests traders price in greater downside risk, reinforcing defensive sentiment.
Strategy Implication
Bias leans short premium near 5000 with cautious long premium setups near 4650–4700.