The Indian Hotels Company Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 600 | ₹— | —% | — | 0 | 1K |
| 5K | +4K | — | —% | ₹— | 620 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 640 | ₹— | —% | — | 0 | 1K |
| 0 | 0 | — | —% | ₹— | 650 | ₹— | —% | — | 0 | 0 |
| 3K | 0 | — | —% | ₹— | 660 | ₹— | —% | — | 0 | 86K |
| 0 | 0 | — | —% | ₹— | 670 | ₹— | —% | — | 0 | 30K |
| 0 | 0 | — | —% | ₹— | 680 | ₹— | —% | — | -5K | 1.3 L |
| 0 | 0 | — | —% | ₹— | 690 | ₹— | —% | — | -13K | 1.0 L |
| 68K | 0 | — | —% | ₹— | 700 | ₹— | —% | — | -24K | 2.9 L |
| 5K | 0 | — | —% | ₹— | 710 | ₹— | —% | — | -49K | 62K |
| 16K | 0 | — | —% | ₹— | 720 | ₹— | —% | — | -1K | 1.7 L |
| 38K | 0 | — | —% | ₹— | 730 | ₹— | —% | — | -15K | 1.0 L |
| 52K | 0 | — | —% | ₹— | 740 | ₹— | —% | — | -13K | 2.0 L |
| 3.8 L | -3K | — | —% | ₹— | 750 | ₹— | —% | — | +17K | 5.1 L |
| 2.0 L | 0 | — | —% | ₹— | 760 | ₹— | —% | — | +1.0 L | 4.2 L |
| 2.0 L | -8K | — | —% | ₹— | 770 | ₹— | —% | — | +1.4 L | 3.5 L |
| 3.5 L | -24K | — | —% | ₹— | 780 | ₹— | —% | — | +36K | 4.5 L |
| 1.9 L | +16K | — | —% | ₹— | 790 | ₹— | —% | — | +55K | 1.9 L |
| 8.2 L | +23K | — | —% | ₹— | 800ATM | ₹— | —% | — | +1.4 L | 4.8 L |
| 3.8 L | -32K | — | —% | ₹— | 810 | ₹— | —% | — | +64K | 1.8 L |
| 9.4 L | +1.9 L | — | —% | ₹— | 820 | ₹— | —% | — | +26K | 1.8 L |
| 2.3 L | +17K | — | —% | ₹— | 830 | ₹— | —% | — | +13K | 46K |
| 4.6 L | -66K | — | —% | ₹— | 840 | ₹— | —% | — | 0 | 8K |
| 2.9 L | +74K | — | —% | ₹— | 850 | ₹— | —% | — | 0 | 22K |
| 2.8 L | +59K | — | —% | ₹— | 860 | ₹— | —% | — | 0 | 4K |
| 1.9 L | +1.1 L | — | —% | ₹— | 870 | ₹— | —% | — | 0 | 0 |
| 2.5 L | -3K | — | —% | ₹— | 880 | ₹— | —% | — | 0 | 16K |
| 42K | +22K | — | —% | ₹— | 890 | ₹— | —% | — | +1K | 1K |
| 3.1 L | +25K | — | —% | ₹— | 900 | ₹— | —% | — | 0 | 5K |
| 0 | 0 | — | —% | ₹— | 920 | ₹— | —% | — | 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
The call open interest peaks at the 850 strike with 820 contracts added, while the 870 strike holds 820 OI and the 820 strike shows 820 OI as well. On the put side, the 770 strike accumulates 770 OI, the 800 strike 800 OI, and the 760 strike 760 OI. These concentrations suggest an implied price corridor roughly between ₹750 and ₹880 for the upcoming November expiry.
OI Buildup Activity
Fresh open interest builds dominate the 820, 850 and 870 call strikes, each receiving more than one‑lakh contracts in the last trading session. Put writers concentrate new positions at 770, 800 and 760, also adding upwards of one‑lakh contracts each. The net effect is a balanced expansion of both sides, indicating heightened hedging rather than directional speculation.
Volatility Read
The at‑the‑money implied volatility stands at 24.87 %, reflecting moderate premium pricing for the November contract. A bearish skew is evident, with out‑of‑the‑money calls priced lower relative to equivalent puts.
Key OI Levels
The highest call open interest resides at the 850 strike (1000 contracts) and the highest put open interest at the 770 strike (1000 contracts).