UltraTech Cement Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
6.7 L
Total PE OI
4.6 L
PCR
0.69
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 5,800 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 6,000 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 6,200 | ₹— | 14.4% | — | — | — |
| — | — | — | —% | ₹— | 6,400 | ₹— | 13.8% | — | — | — |
| — | — | — | —% | ₹— | 6,600 | ₹— | 13.1% | — | — | — |
| — | — | — | —% | ₹— | 6,800 | ₹— | 12.4% | — | — | — |
| — | — | — | —% | ₹— | 7,000 | ₹— | 11.8% | — | — | — |
| — | — | — | —% | ₹— | 7,200 | ₹— | 11.2% | — | — | — |
| — | — | — | —% | ₹— | 7,300 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 7,400 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 7,500 | ₹— | 10.3% | — | — | — |
| — | — | — | —% | ₹— | 7,600 | ₹— | 10.0% | — | — | — |
| — | — | — | —% | ₹— | 7,700 | ₹— | 9.7% | — | — | — |
| — | — | — | —% | ₹— | 7,800 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 7,900 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 8,000 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 8,100 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 8,200 | ₹— | 8.3% | — | — | — |
| — | — | — | —% | ₹— | 8,300 | ₹— | 8.0% | — | — | — |
| — | — | — | —% | ₹— | 8,400 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 8,500 | ₹— | 7.5% | — | — | — |
| — | — | — | —% | ₹3810.75 | 8,600 | ₹0.60 | —% | 50 | 0 | 7K |
| — | — | — | —% | ₹— | 8,700 | ₹— | 7.0% | — | — | — |
| 250 | 0 | — | —% | ₹1855.40 | 8,800 | ₹0.25 | 68.3% | — | — | — |
| — | — | — | —% | ₹3712.85 | 8,900 | ₹0.05 | 58.5% | — | — | — |
| 100 | 0 | — | —% | ₹2574.05 | 9,000 | ₹0.50 | 66.0% | — | 0 | 22K |
| 450 | 0 | — | —% | ₹1553.05 | 9,100 | ₹0.05 | 54.3% | — | — | — |
| 500 | 0 | — | —% | ₹2695.50 | 9,200 | ₹2.30 | 73.2% | — | 0 | 2K |
| 500 | 0 | — | —% | ₹2594.20 | 9,300 | ₹2.25 | 70.3% | — | 0 | 100 |
| 750 | 0 | — | —% | ₹2592.75 | 9,400 | ₹0.80 | 60.5% | — | 0 | 17K |
| 550 | 0 | — | 111.8% | ₹2495.45 | 9,500 | ₹3.45 | 68.3% | — | 0 | 50 |
| — | — | — | —% | ₹3139.20 | 9,600 | ₹3.15 | 64.8% | — | — | — |
| 50 | 0 | — | —% | ₹1387.10 | 9,700 | ₹0.40 | 49.8% | — | — | — |
| 650 | 0 | — | —% | ₹1161.95 | 9,800 | ₹1.40 | 55.3% | 4K | 0 | 15K |
| 200 | 0 | — | 95.0% | ₹2094.45 | 9,900 | ₹1.80 | 52.9% | — | 0 | 50 |
| 4K | 0 | — | —% | ₹1784.70 | 10,000 | ₹1.95 | 52.9% | 8K | -3K | 26K |
| 50 | 0 | — | —% | ₹1748.65 | 10,100 | ₹1.50 | 46.8% | — | — | — |
| — | — | — | 244.8% | ₹2559.15 | 10,200 | ₹2.65 | 49.5% | 5K | 0 | 16K |
| 2K | 0 | — | —% | ₹1369.00 | 10,300 | ₹4.15 | 50.3% | 1.1 L | -2K | 6K |
| 2K | 0 | — | —% | ₹1501.95 | 10,400 | ₹5.30 | 49.1% | 1K | -450 | 7K |
| 21K | +300 | 350 | —% | ₹1564.05 | 10,500 | ₹4.90 | 46.7% | 35K | -1K | 16K |
| 5K | 0 | — | —% | ₹1333.00 | 10,600 | ₹6.00 | 45.5% | 1.1 L | +3K | 20K |
| 8K | -950 | 5K | 31.5% | ₹1279.80 | 10,700 | ₹7.20 | 44.0% | 7K | +650 | 17K |
| 8K | 0 | — | —% | ₹1052.50 | 10,800 | ₹9.35 | 42.6% | 1K | +150 | 10K |
| 7K | 0 | — | —% | ₹940.00 | 10,900 | ₹11.45 | 40.9% | 1K | -200 | 8K |
| 24K | -100 | 300 | 32.5% | ₹1019.00 | 11,000 | ₹12.60 | 39.4% | 11K | -2K | 22K |
| 6K | 0 | 100 | 35.8% | ₹920.00 | 11,100 | ₹16.50 | 37.5% | 2K | -700 | 9K |
| 6K | 0 | — | 38.6% | ₹713.40 | 11,200 | ₹18.65 | 36.5% | 10K | -3K | 9K |
| 7K | 0 | — | 34.5% | ₹604.20 | 11,300 | ₹24.05 | 35.1% | 24K | +2K | 12K |
| 11K | -250 | 1K | 28.9% | ₹681.05 | 11,400 | ₹30.55 | 33.9% | 12K | +700 | 16K |
| 30K | -1K | 7K | 26.4% | ₹600.00 | 11,500 | ₹40.90 | 32.8% | 57K | +8K | 42K |
| 19K | -150 | 3K | 29.5% | ₹512.45 | 11,600 | ₹55.60 | 32.1% | 25K | +550 | 18K |
| 21K | -1K | 10K | 28.8% | ₹436.55 | 11,700 | ₹72.80 | 31.3% | 29K | +350 | 22K |
| 1.4 L | +200 | 70K | 27.5% | ₹352.80 | 11,800ATM | ₹97.90 | 31.2% | 70K | +9K | 50K |
| 28K | +1K | 1.1 L | 28.6% | ₹298.80 | 11,900 | ₹132.70 | 31.0% | 73K | +8K | 30K |
| 68K | -5K | 2.6 L | 28.6% | ₹231.05 | 12,000 | ₹174.50 | 30.6% | 48K | +8K | 24K |
| 12K | -1K | 65K | 28.7% | ₹180.85 | 12,100 | ₹221.30 | 30.8% | 4K | +2K | 4K |
| 43K | -8K | 1.1 L | 29.0% | ₹139.85 | 12,200 | ₹276.05 | 31.2% | 5K | +3K | 3K |
| 13K | -1K | 42K | 29.1% | ₹109.55 | 12,300 | ₹346.10 | 30.6% | 250 | -50 | 2K |
| 18K | +250 | 39K | 29.3% | ₹77.85 | 12,400 | ₹420.30 | 31.3% | 400 | +50 | 150 |
| 67K | +10K | 1.0 L | 29.4% | ₹56.75 | 12,500 | ₹485.80 | 31.5% | 750 | 0 | 5K |
| 9K | -50 | 17K | 29.3% | ₹40.35 | 12,600 | ₹760.60 | 47.7% | — | 0 | 500 |
| 12K | +350 | 6K | 29.9% | ₹30.00 | 12,700 | ₹844.20 | 48.3% | — | 0 | 650 |
| 9K | +100 | 7K | 30.2% | ₹21.85 | 12,800 | ₹1065.80 | 75.3% | — | 0 | 50 |
| 6K | 0 | 3K | 30.9% | ₹15.60 | 12,900 | ₹1339.30 | 108.5% | — | 0 | 50 |
| 37K | -2K | 22K | 31.3% | ₹11.50 | 13,000 | ₹1012.80 | —% | — | 0 | 3K |
| 800 | -50 | 200 | 33.1% | ₹7.45 | 13,100 | ₹505.95 | —% | — | — | — |
| 200 | 0 | — | 36.5% | ₹7.00 | 13,200 | ₹826.45 | —% | — | — | — |
| 100 | +100 | — | 74.3% | ₹109.45 | 13,300 | ₹614.15 | —% | — | — | — |
| 17K | 0 | 600 | 31.6% | ₹1.65 | 13,400 | ₹955.10 | —% | — | — | — |
| 3K | -250 | 3K | 34.8% | ₹2.45 | 13,500 | ₹1601.00 | 62.9% | — | 0 | 850 |
| 800 | 0 | — | 37.3% | ₹1.70 | 13,600 | ₹1092.75 | —% | — | — | — |
| — | — | — | 123.2% | ₹281.70 | 13,700 | ₹865.15 | —% | — | — | — |
| 100 | 0 | — | 78.3% | ₹67.05 | 13,800 | ₹1239.30 | —% | — | — | — |
| — | — | — | 119.3% | ₹225.35 | 13,900 | ₹1006.50 | —% | — | — | — |
| 5K | 0 | 50 | 45.5% | ₹1.70 | 14,000 | ₹3020.00 | 246.2% | — | 0 | 50 |
| — | — | — | 3.7% | ₹— | 14,100 | ₹— | —% | — | — | — |
| — | — | — | 114.3% | ₹159.10 | 14,200 | ₹1552.60 | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 14,300 | ₹— | —% | — | — | — |
| — | — | — | 112.5% | ₹128.35 | 14,400 | ₹1718.80 | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 14,500 | ₹— | —% | — | — | — |
| — | — | — | 110.9% | ₹102.80 | 14,600 | ₹1890.20 | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 14,700 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹81.75 | 14,800 | ₹2066.10 | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 14,900 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 15,000 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 15,100 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 15,200 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 15,400 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 15,600 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 15,800 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 16,000 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 16,200 | ₹— | —% | — | — | — |
| — | — | — | 7.0% | ₹— | 16,400 | ₹— | —% | — | — | — |
| — | — | — | 7.3% | ₹— | 16,600 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 16,800 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
AI AnalysisGenerated daily after market close · AI-powered
Key Strike Levels
Immediate resistance rests at 12200, backed by massive 10000 CE OI and fresh longs building above 12k. Major support holds at 11900, anchored by strong open interest buildup and 10000 PE OI acting as a structural floor. The implied range stretches from 11500 to 12500, defining a wide consolidation envelope ahead of expiry.
OI Buildup Activity
Fresh long calls are stacking at 12200, 12500, and 12000, signaling aggressive call writing above spot as writers defend higher strikes. Counterpart short put activity is concentrated at 11900, 11800, and 11500, where fresh long puts suggest heavy defensive positioning below. This two-way buildup reflects hedging bias, with writers absorbing long exposure at both extremes.
Volatility Read
ATM IV at 26.24% sits near neutral levels, offering no strong premium edge for directional vega plays. The bearish skew confirms preference for downside protection, with put spreads and long puts favored over call structures.
Strategy Implication
Bias favors range-bound strategies with a skew toward downside protection above 12200 and support holding at 11900.
Related Analysis
Frequently Asked Questions
What is the highest call OI strike for UltraTech Cement Limited today?▾
The strike with highest call (CE) open interest for UltraTech Cement Limited is ₹11,800 for the 2026-04-28 expiry. This acts as a key resistance level since call writers will defend this strike aggressively near expiry.
What is the highest put OI strike for UltraTech Cement Limited today?▾
The strike with highest put (PE) open interest for UltraTech Cement Limited is ₹11,800 for the 2026-04-28 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in UltraTech Cement Limited options mean?▾
Open Interest (OI) buildup in UltraTech Cement Limited options shows how many net new contracts are being created at each strike. Rising OI at a strike means fresh positions (writers or buyers). Rising OI with rising price = long buildup (bullish); rising OI with falling price = short buildup (bearish).
When does UltraTech Cement Limited options expire?▾
UltraTech Cement Limited options have their nearest expiry on 2026-04-28. NSE F&O stocks have monthly expiry contracts — typically the last Tuesday of each month. MarketNetra shows data for the nearest two expiries.
How to read UltraTech Cement Limited option chain?▾
The UltraTech Cement Limited option chain shows calls (CE) on the left and puts (PE) on the right for each strike price. Key columns: OI (total open contracts), OI Change (new positions today), Volume (today's trades), IV (implied volatility — higher = more uncertainty), and LTP (last traded price). The ATM (at-the-money) strike is highlighted in blue.