UPL Limited

NSE: UPLChemicalsLot size: 1355

UPL Limited Option Chain Analysis

2026-09-292026-10-272026-11-23
Total CE OI
73.4 L
Total PE OI
67.1 L
PCR
0.91Neutral
CE OIChgVolIVLTPStrikeLTPIVVolChgPE OI
4K+4K%460%043K
00%480%03K
45K-4K%500%-7K1.2 L
9K0%510%053K
11K0%520%-7K2.8 L
3K0%530%-77K1.2 L
46K0%540%-38K3.1 L
1.4 L-5K%550%-89K6.7 L
2.3 L-9K%560%+3K6.6 L
7.4 L-11K%570%-38K17.7 L
16.3 L+1.7 L%580ATM%+24K11.4 L
6.4 L-54K%590%+19K2.9 L
17.3 L-81K%600%-22K5.7 L
2.8 L-34K%610%064K
3.5 L-57K%620%01.2 L
3.3 L+1.3 L%630%038K
1.9 L+9K%640%-1K43K
5.2 L+3K%650%01.3 L
1.1 L-7K%660%016K
41K-1K%670%+1K23K
1.4 L0%680%050K
1.5 L+9K%700%-8K1.2 L
9K0%720%-1K73K

Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.

Live Greeks Panel

AI AnalysisGenerated daily after market close · AI-powered

Key Strike Levels

The 580 ₹ call and put contracts each hold 260 k contracts, forming a clear resistance and support band around the current spot of 582.15 ₹.
The 630 ₹ call cluster, with 260 k contracts, extends the bullish ceiling, while the 590 ₹ put build‑up of 260 k contracts reinforces the downside floor.
Combined open‑interest at these strikes suggests an implied price corridor roughly between 580 ₹ and 640 ₹ for the September expiry.

OI Buildup Activity

On the call side, fresh open‑interest appears at 580 ₹ (+1,73,440 contracts), 630 ₹ (+1,23,305 contracts) and 640 ₹ (+10,840 contracts), indicating writers are adding exposure at higher strikes.
Put‑side additions are concentrated at 580 ₹ (+24,390 contracts) and 590 ₹ (+20,325 contracts), reflecting writer positioning near the current level.
Overall, the influx of new contracts points to a balanced stance among market participants, with neither side showing a pronounced directional bias.

Volatility Read

The at‑the‑money implied volatility stands at 22.32 %, implying moderate premium pricing relative to the underlying’s recent range.
Implied volatility skew is neutral, indicating comparable demand for calls and puts across strikes.

Key OI Levels

The strikes with the highest open‑interest concentrations are 580 ₹ for both calls and puts (260 k contracts each).

Frequently Asked Questions

What is the highest call OI strike for UPL Limited today?
The strike with highest call (CE) open interest for UPL Limited is ₹600 for the 2026-09-29 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 UPL Limited today?
The strike with highest put (PE) open interest for UPL Limited is ₹570 for the 2026-09-29 expiry. This acts as a key support level — put writers will tend to defend this level near expiry.
What does OI buildup in UPL Limited options mean?
Open Interest (OI) buildup in UPL 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 UPL Limited options expire?
UPL Limited options have their nearest expiry on 2026-09-29. 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 UPL Limited option chain?
The UPL 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.