Torrent Power Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 720 | ₹— | 17.7% | — | — | — |
| — | — | — | —% | ₹— | 760 | ₹— | 16.5% | — | — | — |
| — | — | — | —% | ₹— | 800 | ₹— | 15.4% | — | — | — |
| — | — | — | —% | ₹— | 840 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 880 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 920 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 940 | ₹— | 11.9% | — | — | — |
| — | — | — | —% | ₹— | 960 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 980 | ₹— | 10.9% | — | — | — |
| — | — | — | —% | ₹— | 1,000 | ₹— | 10.5% | — | — | — |
| — | — | — | —% | ₹— | 1,020 | ₹— | 10.1% | — | — | — |
| — | — | — | —% | ₹— | 1,040 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 1,060 | ₹— | 9.2% | — | — | — |
| — | — | — | —% | ₹263.85 | 1,080 | ₹17.60 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,100 | ₹— | 8.4% | — | — | — |
| 850 | 0 | — | —% | ₹365.50 | 1,120 | ₹0.25 | —% | — | 0 | 29K |
| — | — | — | —% | ₹217.05 | 1,140 | ₹29.90 | —% | — | — | — |
| 1K | 0 | — | —% | ₹465.55 | 1,160 | ₹2.00 | —% | — | +425 | 425 |
| — | — | — | —% | ₹188.60 | 1,180 | ₹0.50 | —% | — | +425 | 425 |
| 425 | 0 | — | —% | ₹408.40 | 1,200 | ₹1.00 | —% | — | 0 | 23K |
| 1K | 0 | — | —% | ₹413.40 | 1,220 | ₹54.05 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,230 | ₹2.45 | —% | — | 0 | 12K |
| — | — | — | —% | ₹150.30 | 1,240 | ₹61.60 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,250 | ₹0.60 | 81.1% | 5K | +850 | 11K |
| — | — | — | —% | ₹138.75 | 1,260 | ₹0.70 | 76.6% | — | 0 | 12K |
| — | — | — | —% | ₹— | 1,270 | ₹1.20 | 80.4% | — | 0 | 5K |
| 425 | +425 | — | —% | ₹241.30 | 1,280 | ₹78.55 | —% | — | — | — |
| — | — | — | —% | ₹— | 1,290 | ₹1.70 | 80.1% | — | 0 | 7K |
| 8K | 0 | — | —% | ₹240.65 | 1,300 | ₹0.60 | 69.8% | 1.2 L | -5K | 75K |
| 1K | 0 | — | —% | ₹59.55 | 1,310 | ₹2.50 | 80.8% | — | 0 | 14K |
| 425 | 0 | — | —% | ₹206.85 | 1,320 | ₹0.65 | 66.3% | 1.6 L | +2K | 53K |
| 98K | 0 | — | —% | ₹197.55 | 1,330 | ₹0.25 | 57.2% | 3K | 0 | 56K |
| 14K | 0 | — | —% | ₹207.05 | 1,340 | ₹1.00 | 62.6% | — | 0 | 12K |
| 13K | 0 | — | 105.0% | ₹272.30 | 1,350 | ₹0.65 | 56.7% | — | 0 | 54K |
| 9K | 0 | — | 72.5% | ₹252.50 | 1,360 | ₹0.65 | 54.6% | — | 0 | 14K |
| — | — | — | —% | ₹— | 1,370 | ₹3.40 | 70.0% | — | 0 | 27K |
| 31K | 0 | — | —% | ₹145.50 | 1,380 | ₹0.85 | 52.5% | — | 0 | 43K |
| 7K | 0 | — | —% | ₹217.05 | 1,390 | ₹0.80 | 52.7% | 425 | 0 | 9K |
| 49K | 0 | — | 91.5% | ₹223.65 | 1,400 | ₹1.20 | 55.2% | 9K | +2K | 99K |
| 3K | 0 | — | 85.9% | ₹212.55 | 1,410 | ₹1.15 | 52.0% | 850 | 0 | 9K |
| 5K | 0 | — | 81.2% | ₹201.85 | 1,420 | ₹2.00 | 51.2% | — | 0 | 17K |
| 5K | 0 | — | 88.6% | ₹197.45 | 1,430 | ₹— | —% | — | — | — |
| 12K | 0 | — | 80.9% | ₹185.10 | 1,440 | ₹1.50 | 48.1% | 68K | +425 | 40K |
| 41K | 0 | 425 | —% | ₹171.00 | 1,450 | ₹1.75 | 47.1% | 1.6 L | -425 | 37K |
| 17K | 0 | — | 42.6% | ₹151.50 | 1,460 | ₹1.95 | 46.2% | 3.0 L | +6K | 27K |
| 6K | 0 | — | 78.9% | ₹152.50 | 1,480 | ₹2.60 | 39.3% | — | 0 | 9K |
| 67K | -425 | 3K | —% | ₹120.70 | 1,500 | ₹2.70 | 39.2% | 37K | +12K | 74K |
| 11K | 0 | — | 63.9% | ₹119.85 | 1,510 | ₹— | —% | — | — | — |
| 43K | 0 | — | 55.2% | ₹106.40 | 1,520 | ₹3.50 | 36.0% | 1.0 L | -9K | 99K |
| 8K | 0 | — | 58.8% | ₹101.65 | 1,530 | ₹— | —% | — | — | — |
| 14K | -850 | 2K | 29.3% | ₹89.00 | 1,540 | ₹5.15 | 34.7% | 76K | -12K | 1.3 L |
| 28K | 0 | 4K | 29.7% | ₹78.00 | 1,550 | ₹6.40 | 34.3% | 31K | +3K | 1.9 L |
| 18K | -425 | 1K | 28.6% | ₹64.90 | 1,560 | ₹105.40 | 142.4% | — | +425 | 425 |
| 8K | 0 | — | 50.2% | ₹68.00 | 1,570 | ₹9.85 | 33.6% | 38K | +2K | 19K |
| 1K | 0 | — | —% | ₹12.05 | 1,580 | ₹12.80 | 33.7% | 19K | +1K | 8K |
| 21K | 0 | 425 | 35.7% | ₹41.25 | 1,590 | ₹15.00 | 33.7% | 14K | -425 | 32K |
| 1.3 L | -2K | 1.8 L | 30.9% | ₹41.40 | 1,600 | ₹19.00 | 33.6% | 1.6 L | +15K | 88K |
| 64K | -24K | 1.3 L | 30.8% | ₹37.25 | 1,610 | ₹23.50 | 33.9% | 20K | +2K | 14K |
| 1.3 L | +6K | 2.1 L | 30.3% | ₹31.30 | 1,620 | ₹27.75 | 34.2% | 56K | +23K | 51K |
| 91K | -9K | 1.2 L | 31.8% | ₹26.50 | 1,630 | ₹— | —% | — | — | — |
| 94K | -3K | 1.6 L | 31.6% | ₹22.50 | 1,640 | ₹52.95 | 38.5% | — | 0 | 2K |
| 64K | -5K | 60K | 31.3% | ₹17.85 | 1,650 | ₹— | —% | — | — | — |
| 34K | -850 | 27K | 31.8% | ₹15.00 | 1,660 | ₹50.55 | 33.0% | 425 | 0 | 2K |
| 1.2 L | -15K | 1.0 L | 31.7% | ₹9.70 | 1,680 | ₹72.35 | 35.3% | 850 | 0 | 3K |
| 2.3 L | -43K | 3.4 L | 31.7% | ₹6.60 | 1,700ATM | ₹87.55 | —% | — | 0 | 9K |
| 56K | +5K | 80K | 32.6% | ₹4.30 | 1,720 | ₹397.45 | 361.3% | — | — | — |
| 5K | +5K | 6K | 33.0% | ₹2.85 | 1,740 | ₹361.75 | 308.0% | — | — | — |
| 1.4 L | +18K | 5.9 L | 35.0% | ₹1.85 | 1,760 | ₹433.95 | 372.4% | — | — | — |
| — | — | — | 2.2% | ₹— | 1,780 | ₹— | —% | — | — | — |
| 850 | +850 | 5K | 38.7% | ₹1.10 | 1,800 | ₹— | —% | — | — | — |
| — | — | — | 2.7% | ₹— | 1,820 | ₹— | —% | — | — | — |
| — | — | — | 3.0% | ₹— | 1,840 | ₹— | —% | — | — | — |
| — | — | — | 3.2% | ₹— | 1,860 | ₹— | —% | — | — | — |
| — | — | — | 3.4% | ₹— | 1,880 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 1,900 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,920 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 1,940 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,960 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 1,980 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 2,000 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 2,020 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 2,040 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 2,080 | ₹— | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 2,120 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 2,160 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 2,200 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance rests at ₹1630, where call writers have amassed significant open interest. Strong support emerges near ₹1400–₹1440, underpinned by deep put OI accumulation. The implied range stretches from ₹1540 on the bid side to ₹1630 on the offer, with spot near ₹1623.1 hinting at consolidation ahead of expiry.
OI Buildup Activity
Fresh long calls surged at ₹1630 (+1,05,825), signaling aggressive bullish positioning just above spot. Call writers are actively defending ₹1630, while longs add exposure at ₹1550 and ₹1620, suggesting anticipatory breakout plays. On the put side, longs built fresh positions at ₹1540 and ₹1440, with defensive flows extending down to ₹1400—indicating tail-risk hedging.
Volatility Read
ATM IV at 23.81% reflects moderate volatility pricing, neither elevated nor suppressed. The bearish skew shows puts trading at a premium to calls, suggesting underlying caution among options writers.
Strategy Implication
Bias leans mildly bearish with strong downside protection via lower strike long puts, while call buildup near ₹1630 caps immediate upside.