The Federal Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 290 | ₹— | —% | — | 0 | 0 |
| 1.6 L | 0 | — | —% | ₹— | 300 | ₹— | —% | — | -33K | 5.4 L |
| 1.6 L | 0 | — | —% | ₹— | 310 | ₹— | —% | — | -28K | 2.0 L |
| 0 | 0 | — | —% | ₹— | 315 | ₹— | —% | — | -3K | 75K |
| 2.0 L | 0 | — | —% | ₹— | 320 | ₹— | —% | — | +5K | 9.3 L |
| 25K | +10K | — | —% | ₹— | 325 | ₹— | —% | — | +4.2 L | 6.8 L |
| 1.7 L | +20K | — | —% | ₹— | 330 | ₹— | —% | — | +10K | 10.5 L |
| 3.2 L | +13K | — | —% | ₹— | 335 | ₹— | —% | — | +73K | 6.7 L |
| 9.7 L | +1.4 L | — | —% | ₹— | 340 | ₹— | —% | — | +4.1 L | 21.2 L |
| 27.0 L | +5.0 L | — | —% | ₹— | 345 | ₹— | —% | — | +3.2 L | 16.6 L |
| 50.8 L | +43K | — | —% | ₹— | 350ATM | ₹— | —% | — | -2.5 L | 33.4 L |
| 29.3 L | -50K | — | —% | ₹— | 355 | ₹— | —% | — | -40K | 9.5 L |
| 62.7 L | +50K | — | —% | ₹— | 360 | ₹— | —% | — | -13K | 16.3 L |
| 16.3 L | -13K | — | —% | ₹— | 365 | ₹— | —% | — | +3K | 4.2 L |
| 24.4 L | +3.2 L | — | —% | ₹— | 370 | ₹— | —% | — | 0 | 2.9 L |
| 8.7 L | +20K | — | —% | ₹— | 375 | ₹— | —% | — | 0 | 88K |
| 12.8 L | +40K | — | —% | ₹— | 380 | ₹— | —% | — | 0 | 38K |
| 3.5 L | 0 | — | —% | ₹— | 385 | ₹— | —% | — | 0 | 10K |
| 2.6 L | -13K | — | —% | ₹— | 390 | ₹— | —% | — | 0 | 0 |
| 13K | 0 | — | —% | ₹— | 395 | ₹— | —% | — | 0 | 3K |
| 8.8 L | -68K | — | —% | ₹— | 400 | ₹— | —% | — | 0 | 2.0 L |
| 45K | 0 | — | —% | ₹— | 410 | ₹— | —% | — | 0 | 5K |
| 13K | +3K | — | —% | ₹— | 420 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Live Greeks Panel
Key Strike Levels
The open interest clusters around ₹340‑₹345 on the call side and ₹325‑₹340 on the put side, framing a tight range of ₹330‑₹350. The highest call OI sits at ₹190, while the highest put OI also sits at ₹190, indicating symmetrical resistance and support points. This concentration suggests market participants view the 330‑350 band as the likely trading corridor through the September expiry.
OI Buildup Activity
Fresh call OI adds of 4.95 lakh contracts at ₹345, 3.20 lakh at ₹370 and 1.45 lakh at ₹340 highlight aggressive positioning by bullish writers near the current spot. On the put side, 4.22 lakh contracts accumulate at ₹325, 4.10 lakh at ₹340 and 3.02 lakh at ₹345, pointing to a defensive buildup by bearish writers. The distribution shows a balanced influx of new positions on both sides, reinforcing the identified resistance and support zones.
Volatility Read
The at‑the‑money implied volatility stands at 18.66 %, reflecting moderate market expectation of price movement. The volatility skew is bearish, with out‑of‑the‑money puts priced higher than calls, indicating a tilt toward downside risk.
Key OI Levels
The strikes with the largest open interest are ₹190 for both the call at ₹190 and the put at ₹190, marking the strongest resistance and support points.
Overall, the open interest profile and modest IV suggest that market participants are concentrating around the established band while remaining cautious about abrupt moves beyond it in the coming weeks ahead still today.