The Indian Hotels Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 600 | ₹— | —% | — | 0 | 1K |
| 1K | 0 | — | —% | ₹— | 620 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 640 | ₹— | —% | — | 0 | 45K |
| 75K | 0 | — | —% | ₹— | 650 | ₹— | —% | — | -5K | 1.4 L |
| 11K | 0 | — | —% | ₹— | 660 | ₹— | —% | — | -18K | 1.1 L |
| 5K | 0 | — | —% | ₹— | 670 | ₹— | —% | — | -6K | 1.6 L |
| 5K | 0 | — | —% | ₹— | 680 | ₹— | —% | — | +1.3 L | 5.4 L |
| 22K | 0 | — | —% | ₹— | 690 | ₹— | —% | — | -24K | 2.5 L |
| 2.2 L | +6K | — | —% | ₹— | 700 | ₹— | —% | — | -68K | 4.3 L |
| 2.2 L | -17K | — | —% | ₹— | 710 | ₹— | —% | — | +28K | 3.1 L |
| 4.4 L | +58K | — | —% | ₹— | 720 | ₹— | —% | — | -12K | 4.1 L |
| 8.7 L | +1.1 L | — | —% | ₹— | 730ATM | ₹— | —% | — | +25K | 5.3 L |
| 6.7 L | +19K | — | —% | ₹— | 740 | ₹— | —% | — | -4K | 1.3 L |
| 6.5 L | +14K | — | —% | ₹— | 750 | ₹— | —% | — | -2K | 1.8 L |
| 6.8 L | +71K | — | —% | ₹— | 760 | ₹— | —% | — | 0 | 1.8 L |
| 2.8 L | +4K | — | —% | ₹— | 770 | ₹— | —% | — | 0 | 56K |
| 2.5 L | -6K | — | —% | ₹— | 780 | ₹— | —% | — | 0 | 61K |
| 95K | +2K | — | —% | ₹— | 790 | ₹— | —% | — | 0 | 6K |
| 7.7 L | +44K | — | —% | ₹— | 800 | ₹— | —% | — | +1K | 64K |
| 0 | 0 | — | —% | ₹— | 810 | ₹— | —% | — | 0 | 3K |
| 18K | 0 | — | —% | ₹— | 820 | ₹— | —% | — | 0 | 15K |
| 2K | 0 | — | —% | ₹— | 840 | ₹— | —% | — | 0 | 0 |
| — | — | — | —% | ₹— | 860 | ₹— | —% | — | 0 | 2K |
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 (OI) profile shows a tight band centred around the current spot of ₹720. The highest call OI sits at the ₹730 strike, while the strongest put OI clusters at ₹680, creating a natural resistance‑support corridor of ₹680‑₹730. With these levels anchoring the market, the implied price range for the next 25 days is effectively bounded by the same band.
OI Buildup Activity
During the latest session, fresh call OI of 108,000 contracts accumulates at the ₹730 strike, followed by 70,000 contracts at ₹760 and 60,000 contracts at ₹720, indicating that option writers are concentrating new exposure near the upper half of the range. On the put side, the most pronounced addition occurs at the ₹680 strike with 134,000 contracts, complemented by 28,000 contracts at ₹710 and 25,000 contracts at ₹730, reflecting a parallel buildup of downside protection. The distribution of these fresh builds suggests that market participants are positioning around the identified resistance and support zones rather than venturing far beyond them.
Volatility Read
The at‑the‑money implied volatility stands at 17.77 %, a level that is modest for the sector and signals limited expectation of large moves. The volatility skew is bearish, meaning out‑of‑the‑money puts are priced higher relative to calls, which aligns with the stronger put OI at the lower strikes.
Key OI Levels
The peak call OI resides at ₹730 (1,000 contracts) and the peak put OI at ₹680 (1,000 contracts).