Ujjivan Small Finance Bank Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 46 | ₹— | —% | — | +88K | 88K |
| 0 | 0 | — | —% | ₹— | 47 | ₹— | —% | — | +2.6 L | 3.4 L |
| 0 | 0 | — | —% | ₹— | 48 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 49 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 50 | ₹— | —% | — | +2.3 L | 7.0 L |
| 0 | 0 | — | —% | ₹— | 51 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 52 | ₹— | —% | — | +8.2 L | 14.2 L |
| 0 | 0 | — | —% | ₹— | 53 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 54 | ₹— | —% | — | 0 | 1.1 L |
| 28.3 L | +21.6 L | — | —% | ₹— | 55ATM | ₹— | —% | — | +8.9 L | 50.6 L |
| 8.4 L | +5.3 L | — | —% | ₹— | 56 | ₹— | —% | — | 0 | 16K |
| 0 | 0 | — | —% | ₹— | 57 | ₹— | —% | — | 0 | 8K |
| 11.4 L | +7.4 L | — | —% | ₹— | 58 | ₹— | —% | — | +72K | 2.2 L |
| 72K | 0 | — | —% | ₹— | 59 | ₹— | —% | — | 0 | 40K |
| 45.7 L | +5.8 L | — | —% | ₹— | 60 | ₹— | —% | — | -24K | 8.7 L |
| 3.0 L | 0 | — | —% | ₹— | 61 | ₹— | —% | — | 0 | 80K |
| 2.4 L | 0 | — | —% | ₹— | 62 | ₹— | —% | — | 0 | 1.8 L |
| 1.9 L | -16K | — | —% | ₹— | 63 | ₹— | —% | — | 0 | 8K |
| 1.0 L | 0 | — | —% | ₹— | 64 | ₹— | —% | — | 0 | 1.0 L |
| 14.5 L | -8K | — | —% | ₹— | 65 | ₹— | —% | — | 0 | 24K |
| 3.7 L | -72K | — | —% | ₹— | 66 | ₹— | —% | — | 0 | 48K |
| 0 | 0 | — | —% | ₹— | 67 | ₹— | —% | — | 0 | 0 |
| 1.0 L | 0 | — | —% | ₹— | 68 | ₹— | —% | — | 0 | 0 |
| 96K | 0 | — | —% | ₹— | 69 | ₹— | —% | — | 0 | 0 |
| 6.1 L | +32K | — | —% | ₹— | 70 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 71 | ₹— | —% | — | 0 | 0 |
| 6.0 L | +24K | — | —% | ₹— | 72 | ₹— | —% | — | 0 | 0 |
| 8K | 0 | — | —% | ₹— | 73 | ₹— | —% | — | 0 | 0 |
| 32K | +16K | — | —% | ₹— | 74 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 75 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 76 | ₹— | —% | — | 0 | 0 |
| 0 | 0 | — | —% | ₹— | 78 | ₹— | —% | — | 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 option chain shows a tight concentration of open interest around the ₹55 strike for both calls and puts, indicating that market participants view this level as a pivotal point during the current trading day, as indicated by recent flow. Call open interest peaks at ₹55 with 26 contracts, and signal the existing resistance‑support corridor, while put open interest also peaks at ₹55 with 26 contracts and signal a near‑term resistance‑support corridor. The implied price range implied by the OI cluster spans roughly ₹52 to ₹58 and potential consolidation, framing the underlying’s likely trading band.
OI Buildup Activity
Fresh open interest adds are evident at the ₹55 call level, where 55 contracts increase by 21,52,000 contracts, reinforcing the existing resistance stance among institutional investors. Additional call builds appear at ₹58 (+7,36,000) and ₹60 (+5,84,000), suggesting bullish bias above the current spot. On the put side, the ₹55 strike accrues 8,96,000 contracts, while the ₹52 and ₹47 strikes attract 8,24,000 and 2,56,000 contracts respectively, indicating defensive hedging near support zones and potential downside protection.
Volatility Read
The at‑the‑money implied volatility stands at 58.28%, signifying a relatively elevated premium for near‑term protection. The volatility skew is bearish, with higher implied volatility priced into out‑of‑the‑money calls relative to puts. The implied volatility curve remains steep, implying heightened fear.
Key OI Levels
The highest concentrations are at ₹55 for both call (26 contracts) and put (26 contracts) open interest across both short‑term and medium‑term horizons.