The Federal Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 23K | 0 | — | —% | ₹— | 270 | ₹— | —% | — | +8K | 18K |
| 3K | 0 | — | —% | ₹— | 280 | ₹— | —% | — | +10K | 68K |
| 0 | 0 | — | —% | ₹— | 285 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 290 | ₹— | —% | — | -3K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 295 | ₹— | —% | — | 0 | 0 |
| 1.6 L | 0 | — | —% | ₹— | 300 | ₹— | —% | — | +1.3 L | 9.1 L |
| 0 | 0 | — | —% | ₹— | 305 | ₹— | —% | — | +58K | 95K |
| 1.2 L | 0 | — | —% | ₹— | 310 | ₹— | —% | — | -90K | 4.0 L |
| 33K | 0 | — | —% | ₹— | 315 | ₹— | —% | — | +70K | 2.5 L |
| 5.2 L | 0 | — | —% | ₹— | 320 | ₹— | —% | — | -5K | 9.9 L |
| 53K | 0 | — | —% | ₹— | 325 | ₹— | —% | — | +3K | 4.8 L |
| 4.1 L | +3K | — | —% | ₹— | 330 | ₹— | —% | — | -53K | 12.1 L |
| 1.5 L | +25K | — | —% | ₹— | 335 | ₹— | —% | — | +48K | 5.9 L |
| 10.1 L | +95K | — | —% | ₹— | 340 | ₹— | —% | — | +1.3 L | 10.4 L |
| 9.4 L | +1.1 L | — | —% | ₹— | 345 | ₹— | —% | — | +2.7 L | 9.1 L |
| 25.3 L | +3.9 L | — | —% | ₹— | 350ATM | ₹— | —% | — | +1.7 L | 15.6 L |
| 8.1 L | +1.3 L | — | —% | ₹— | 355 | ₹— | —% | — | +10K | 1.8 L |
| 16.5 L | +2.1 L | — | —% | ₹— | 360 | ₹— | —% | — | +15K | 5.8 L |
| 3.9 L | +63K | — | —% | ₹— | 365 | ₹— | —% | — | 0 | 18K |
| 11.5 L | +1.5 L | — | —% | ₹— | 370 | ₹— | —% | — | +25K | 1.7 L |
| 2.7 L | +1.0 L | — | —% | ₹— | 375 | ₹— | —% | — | 0 | 10K |
| 4.4 L | -10K | — | —% | ₹— | 380 | ₹— | —% | — | 0 | 8K |
| 33K | +8K | — | —% | ₹— | 385 | ₹— | —% | — | 0 | 0 |
| 6.2 L | +73K | — | —% | ₹— | 390 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 395 | ₹— | —% | — | 0 | 0 |
| 3.3 L | +1.0 L | — | —% | ₹— | 400 | ₹— | —% | — | 0 | 1.4 L |
| 1.0 L | +10K | — | —% | ₹— | 405 | ₹— | —% | — | 0 | 0 |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
Call open interest concentrates strongly at the ₹350 strike, followed by notable buildup at ₹360 and ₹370 across multiple expiry cycles for all market participants. Put open interest shows similar clustering around the ₹345 strike, with secondary peaks at ₹350 and ₹340 across sector valuation. This distribution delineates an implied price corridor roughly between ₹340 and ₹370, anchoring the current spot of ₹346 and guiding traders’ risk parameters as risk managers monitor.
OI Buildup Activity
During the latest session, fresh open interest of 3,92,500 contracts adds to the ₹350 call, indicating aggressive positioning by sellers seeking premium capture ahead of earnings outlook. The ₹345 put accrues an additional 2,67,500 contracts, reflecting defensive hedging by option writers protecting underlying exposure to safeguard portfolio returns. Overall, the influx of new contracts at these strikes pushes total OI to approximately 170 contracts per strike, reinforcing the identified barriers and signaling heightened market interest as liquidity tightens rapidly.
Volatility Read
The at‑the‑money implied volatility stands at 22 %, aligning with the broader market volatility environment and historical averages mirroring recent macro trends. The volatility skew remains neutral, suggesting comparable demand for calls and puts across the near‑term strikes and a balanced risk outlook and reflects stable sentiment.
Key OI Levels
The highest call OI resides at the ₹350 strike, while the highest put OI is observed at the ₹345 strike, marking key liquidity nodes for upcoming cycles.