The Phoenix Mills Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 1,600 | ₹— | —% | — | -12K | 4K |
| 0 | 0 | — | —% | ₹— | 1,640 | ₹— | —% | — | 0 | 0 |
| 700 | 0 | — | —% | ₹— | 1,680 | ₹— | —% | — | 0 | 700 |
| 350 | 0 | — | —% | ₹— | 1,700 | ₹— | —% | — | -700 | 29K |
| 1K | 0 | — | —% | ₹— | 1,720 | ₹— | —% | — | 0 | 3K |
| 0 | 0 | — | —% | ₹— | 1,740 | ₹— | —% | — | 0 | 12K |
| 0 | 0 | — | —% | ₹— | 1,760 | ₹— | —% | — | +4K | 26K |
| 3K | 0 | — | —% | ₹— | 1,780 | ₹— | —% | — | 0 | 1K |
| 700 | 0 | — | —% | ₹— | 1,800 | ₹— | —% | — | +5K | 76K |
| 0 | 0 | — | —% | ₹— | 1,820 | ₹— | —% | — | 0 | 0 |
| 700 | 0 | — | —% | ₹— | 1,840 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 1,860 | ₹— | —% | — | -4K | 61K |
| 8K | 0 | — | —% | ₹— | 1,880 | ₹— | —% | — | -2K | 43K |
| 43K | -1K | — | —% | ₹— | 1,900 | ₹— | —% | — | -13K | 97K |
| 27K | +350 | — | —% | ₹— | 1,920 | ₹— | —% | — | -3K | 34K |
| 71K | +15K | — | —% | ₹— | 1,940 | ₹— | —% | — | +1K | 40K |
| 95K | +19K | — | —% | ₹— | 1,960 | ₹— | —% | — | +8K | 25K |
| 27K | +3K | — | —% | ₹— | 1,980 | ₹— | —% | — | +2K | 27K |
| 1.5 L | -26K | — | —% | ₹— | 2,000ATM | ₹— | —% | — | 0 | 5K |
| 17K | 0 | — | —% | ₹— | 2,020 | ₹— | —% | — | 0 | 0 |
| 350 | 0 | — | —% | ₹— | 2,040 | ₹— | —% | — | 0 | 4K |
| 25K | +10K | — | —% | ₹— | 2,060 | ₹— | —% | — | 0 | 700 |
| 34K | +30K | — | —% | ₹— | 2,080 | ₹— | —% | — | 0 | 700 |
| 86K | 0 | — | —% | ₹— | 2,100 | ₹— | —% | — | 0 | 2K |
| 8K | 0 | — | —% | ₹— | 2,120 | ₹— | —% | — | 0 | 1K |
| 36K | -4K | — | —% | ₹— | 2,140 | ₹— | —% | — | 0 | 4K |
| 26K | 0 | — | —% | ₹— | 2,160 | ₹— | —% | — | 0 | 0 |
| 46K | 0 | — | —% | ₹— | 2,200 | ₹— | —% | — | 0 | 700 |
| 1.3 L | -11K | — | —% | ₹— | 2,240 | ₹— | —% | — | 0 | 1K |
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 pronounced concentration at the 1,940 ₹ and 2,080 ₹ call strikes, together accounting for roughly 33 % of the total call OI. On the put side, the 1,760 ₹ and 1,800 ₹ strikes dominate, holding about 28 % of the aggregate put OI. This dual‑side clustering frames an implied price corridor between roughly 1,760 ₹ and 2,080 ₹ for the September expiry, suggesting that market participants expect the underlying to oscillate within this band as the contract approaches settlement.
OI Buildup Activity
During the latest reporting window, fresh call OI adds of 30,450 contracts at 2,080 ₹, 19,950 contracts at 1,960 ₹, and 15,050 contracts at 1,940 ₹ signal that new long positions are being layered near the upper range of the identified corridor. The put side registers notable additions of 8,050 contracts at 1,960 ₹, 4,900 contracts at 1,800 ₹, and 3,150 contracts at 1,760 ₹, indicating that writers are stacking protection around the lower bound. The asymmetric magnitude of call additions versus put additions points to a mildly bullish tilt among fresh participants, while the existing OI levels still reflect a balanced stance.
Volatility Read
The at‑the‑money implied volatility stands at 17.97 %, modest for a equity of this liquidity profile, implying limited premium inflation ahead of expiry. The volatility skew is bearish, with out‑of‑the‑money calls priced lower relative to puts, highlighting market expectation of constrained upside movement.
Key OI Levels
The highest concentration of call OI resides at the 2,080 ₹ strike (1,040 contracts), while the peak put OI sits at the 1,760 ₹ strike (also 1,040 contracts).