The Indian Hotels Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 310 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 320 | ₹— | 16.0% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 15.3% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 14.7% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 14.0% | — | — | — |
| — | — | — | —% | ₹— | 360 | ₹— | 13.4% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 12.8% | — | — | — |
| — | — | — | —% | ₹— | 380 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 405 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 410 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 415 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 425 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 430 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 435 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 445 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 450 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 455 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 465 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹211.60 | 470 | ₹0.15 | —% | — | 0 | 76K |
| — | — | — | —% | ₹— | 475 | ₹— | 7.3% | — | — | — |
| — | — | — | —% | ₹179.70 | 480 | ₹0.30 | —% | — | 0 | 36K |
| — | — | — | —% | ₹— | 485 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹170.20 | 490 | ₹0.60 | —% | — | 0 | 9K |
| — | — | — | —% | ₹187.05 | 495 | ₹0.25 | —% | — | — | — |
| 37K | 0 | — | —% | ₹133.00 | 500 | ₹0.10 | 76.3% | 1K | 0 | 54K |
| — | — | — | —% | ₹177.30 | 505 | ₹0.35 | —% | — | — | — |
| — | — | — | —% | ₹151.60 | 510 | ₹0.80 | 93.7% | — | 0 | 6K |
| — | — | — | —% | ₹167.60 | 515 | ₹0.55 | 85.4% | — | — | — |
| — | — | — | 103.9% | ₹142.55 | 520 | ₹0.35 | 77.2% | — | 0 | 66K |
| — | — | — | —% | ₹157.95 | 525 | ₹1.25 | 91.7% | — | 0 | 28K |
| — | — | — | —% | ₹133.65 | 530 | ₹0.55 | 76.9% | — | 0 | 49K |
| — | — | — | —% | ₹148.40 | 535 | ₹0.20 | 66.4% | 2K | -1K | 17K |
| 47K | 0 | — | —% | ₹68.20 | 540 | ₹0.40 | 67.8% | — | 0 | 1.0 L |
| — | — | — | —% | ₹139.00 | 545 | ₹1.90 | 86.3% | — | 0 | 11K |
| 40K | 0 | — | —% | ₹89.25 | 550 | ₹0.40 | 64.9% | 17K | -12K | 1.1 L |
| 19K | 0 | — | —% | ₹41.65 | 555 | ₹0.60 | 63.5% | — | 0 | 25K |
| 41K | 0 | — | —% | ₹86.40 | 560 | ₹0.45 | 61.2% | 9K | 0 | 98K |
| 64K | 0 | — | —% | ₹36.80 | 565 | ₹0.35 | 53.4% | — | 0 | 79K |
| 39K | 0 | — | —% | ₹76.00 | 570 | ₹0.50 | 56.7% | 7K | -2K | 2.9 L |
| 83K | 0 | — | 69.9% | ₹88.00 | 575 | ₹0.90 | 56.8% | — | 0 | 82K |
| 2.3 L | 0 | 3K | —% | ₹83.95 | 580 | ₹0.55 | 52.1% | 32K | -22K | 2.6 L |
| 1.5 L | 0 | — | —% | ₹68.50 | 585 | ₹0.70 | 51.5% | 13K | +4K | 1.4 L |
| 2.5 L | 0 | 7K | —% | ₹73.00 | 590 | ₹0.70 | 48.8% | 4K | -3K | 1.9 L |
| 94K | 0 | — | —% | ₹52.55 | 595 | ₹1.50 | 50.6% | — | 0 | 1.7 L |
| 4.3 L | -2K | 4K | —% | ₹65.40 | 600 | ₹0.90 | 44.8% | 61K | -16K | 3.6 L |
| 86K | 0 | — | —% | ₹50.80 | 605 | ₹0.95 | 43.3% | 6K | -5K | 53K |
| 1.5 L | 0 | — | —% | ₹47.85 | 610 | ₹1.15 | 42.1% | 57K | -5K | 1.5 L |
| 71K | 0 | — | 52.0% | ₹50.00 | 615 | ₹1.25 | 39.7% | 11K | +3K | 1.1 L |
| 2.7 L | -58K | 1.3 L | —% | ₹45.15 | 620 | ₹1.50 | 38.4% | 1.7 L | -33K | 3.3 L |
| 70K | 0 | — | 24.8% | ₹36.35 | 625 | ₹3.70 | 41.5% | — | 0 | 92K |
| 1.7 L | -8K | 13K | —% | ₹35.00 | 630 | ₹2.50 | 35.9% | 78K | +21K | 3.3 L |
| 68K | 0 | — | 17.6% | ₹26.20 | 635 | ₹2.90 | 35.1% | 25K | +7K | 79K |
| 2.4 L | -26K | 1.2 L | 25.4% | ₹27.90 | 640 | ₹3.95 | 34.4% | 1.7 L | -18K | 2.3 L |
| 97K | -18K | 29K | 25.5% | ₹23.70 | 645 | ₹4.55 | 33.6% | 68K | +1K | 97K |
| 3.1 L | -25K | 87K | 25.1% | ₹20.00 | 650 | ₹5.75 | 33.0% | 1.1 L | -11K | 3.0 L |
| 1.1 L | -2K | 13K | 27.2% | ₹15.90 | 655 | ₹7.75 | 33.0% | 47K | +10K | 1.2 L |
| 3.4 L | -13K | 3.8 L | 25.6% | ₹13.35 | 660 | ₹9.70 | 33.3% | 1.5 L | +47K | 2.2 L |
| 1.2 L | -21K | 1.3 L | 26.5% | ₹10.65 | 665 | ₹12.00 | 33.2% | 80K | +12K | 1.1 L |
| 2.1 L | -7K | 2.3 L | 26.1% | ₹8.30 | 670 | ₹14.65 | 32.8% | 46K | +24K | 82K |
| 48K | -6K | 36K | 27.3% | ₹6.60 | 675 | ₹32.10 | 64.0% | — | — | — |
| 2.3 L | +3K | 4.0 L | 26.7% | ₹4.80 | 680 | ₹21.00 | 33.1% | 15K | -2K | 91K |
| 68K | -8K | 17K | 27.0% | ₹3.55 | 685 | ₹37.15 | 60.2% | — | — | — |
| 3.7 L | -10K | 2.0 L | 26.9% | ₹2.55 | 690 | ₹32.70 | 30.6% | — | 0 | 18K |
| 52K | +3K | 23K | 27.5% | ₹1.75 | 695 | ₹42.60 | 55.3% | — | — | — |
| 7.0 L | -3K | 3.9 L | 27.9% | ₹1.40 | 700ATM | ₹36.85 | 37.3% | 24K | -10K | 2.7 L |
| — | — | — | 119.3% | ₹27.70 | 705 | ₹48.50 | 48.3% | — | — | — |
| 73K | +4K | 20K | 28.9% | ₹0.75 | 710 | ₹54.00 | 48.0% | — | 0 | 10K |
| 38K | 0 | — | 35.3% | ₹0.90 | 715 | ₹108.00 | 199.4% | — | 0 | 1K |
| 78K | +6K | 8K | 29.2% | ₹0.35 | 720 | ₹57.85 | 57.3% | 4K | 0 | 76K |
| — | — | — | 116.3% | ₹20.85 | 725 | ₹61.40 | —% | — | — | — |
| 2K | 0 | — | 31.4% | ₹0.15 | 730 | ₹144.45 | 269.8% | — | 0 | 17K |
| — | — | — | 115.0% | ₹17.95 | 735 | ₹68.40 | —% | — | — | — |
| 16K | -2K | 4K | 34.0% | ₹0.15 | 740 | ₹77.00 | 54.6% | 2K | -1K | 38K |
| — | — | — | 2.6% | ₹— | 745 | ₹— | —% | — | — | — |
| 18K | 0 | — | 41.5% | ₹0.25 | 750 | ₹89.50 | 46.8% | — | 0 | 2.6 L |
| — | — | — | 2.9% | ₹— | 755 | ₹— | —% | — | — | — |
| 8K | 0 | — | 42.1% | ₹0.15 | 760 | ₹99.50 | 51.1% | — | 0 | 14K |
| — | — | — | 3.2% | ₹— | 765 | ₹— | —% | — | — | — |
| 22K | 0 | 7K | 38.8% | ₹0.05 | 770 | ₹111.15 | 71.8% | — | 0 | 2K |
| — | — | — | 3.5% | ₹— | 775 | ₹— | —% | — | — | — |
| 22K | 0 | — | 43.1% | ₹0.05 | 780 | ₹144.00 | 168.1% | — | 0 | 87K |
| — | — | — | 3.8% | ₹— | 785 | ₹— | —% | — | — | — |
| 62K | 0 | 3K | 44.6% | ₹0.05 | 790 | ₹206.00 | —% | — | 0 | 1.2 L |
| — | — | — | 4.1% | ₹— | 795 | ₹— | —% | — | — | — |
| — | — | — | 116.4% | ₹7.60 | 800 | ₹144.00 | 104.1% | — | — | — |
| — | — | — | 4.3% | ₹— | 805 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 810 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 815 | ₹— | —% | — | — | — |
| — | — | — | 116.3% | ₹5.65 | 820 | ₹161.75 | 99.1% | — | — | — |
| — | — | — | 4.9% | ₹— | 825 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 830 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 835 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 840 | ₹— | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 850 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 860 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 870 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 880 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 890 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 900 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 910 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 920 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 930 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance stands at ₹720, where call writers have accumulated the highest fresh open interest. Strong support emerges at ₹660, backed by massive put option buildup, with secondary support at ₹630. The implied trading range narrows between ₹660 and ₹720, with the spot hovering below ₹665.
OI Buildup Activity
Fresh long calls at ₹720, ₹680, and ₹695 signal aggressive bullish positioning by buyers, testing resistance ahead of expiry. Put writers are actively defending ₹660, adding over 47,000 contracts, while substantial coverage also emerges at ₹670 and ₹630. The asymmetric buildup in puts indicates strong downside protection, suggesting traders anticipate limited near-term downside.
Volatility Read
At-the-money implied volatility holds at 26.5%, reflecting stable near-term premium levels. A neutral skew confirms balanced fear/greed, with no pronounced bias in put or call demand across the chain.
Strategy Implication
Bias leans mildly bullish with capped upside, favoring range-bound strategies between ₹660 and ₹720.