UPL Limited Option Chain Analysis
2026-04-282026-05-26
Total CE OI
96.3 L
Total PE OI
71.0 L
PCR
0.74
Bearish
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 320 | ₹— | 15.9% | — | — | — |
| — | — | — | —% | ₹— | 330 | ₹— | 15.2% | — | — | — |
| — | — | — | —% | ₹— | 340 | ₹— | 14.6% | — | — | — |
| — | — | — | —% | ₹— | 350 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 360 | ₹— | 13.3% | — | — | — |
| — | — | — | —% | ₹— | 370 | ₹— | 12.7% | — | — | — |
| — | — | — | —% | ₹— | 380 | ₹— | 12.1% | — | — | — |
| — | — | — | —% | ₹— | 390 | ₹— | 11.5% | — | — | — |
| — | — | — | —% | ₹— | 400 | ₹— | 11.0% | — | — | — |
| — | — | — | —% | ₹— | 410 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 415 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 420 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 425 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 430 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 435 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 440 | ₹— | 8.9% | — | — | — |
| — | — | — | —% | ₹— | 445 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 450 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 455 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 465 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 470 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 475 | ₹— | 7.2% | — | — | — |
| — | — | — | —% | ₹244.10 | 480 | ₹0.10 | —% | — | 0 | 34K |
| — | — | — | —% | ₹— | 485 | ₹— | 6.7% | — | — | — |
| — | — | — | —% | ₹148.50 | 490 | ₹2.35 | —% | — | — | — |
| — | — | — | —% | ₹— | 495 | ₹— | 6.3% | — | — | — |
| 5K | 0 | — | —% | ₹149.60 | 500 | ₹0.20 | 83.1% | 11K | +1K | 1.0 L |
| — | — | — | —% | ₹— | 505 | ₹— | 5.8% | — | — | — |
| 1K | 0 | — | —% | ₹152.90 | 510 | ₹0.55 | 87.1% | — | 0 | 12K |
| — | — | — | —% | ₹61.90 | 515 | ₹6.10 | —% | — | — | — |
| 1K | 0 | — | —% | ₹147.05 | 520 | ₹0.30 | 76.6% | 1K | 0 | 56K |
| — | — | — | —% | ₹54.15 | 525 | ₹8.30 | —% | — | — | — |
| — | — | — | —% | ₹113.25 | 530 | ₹0.45 | 73.3% | — | 0 | 38K |
| — | — | — | —% | ₹46.95 | 535 | ₹11.00 | —% | — | — | — |
| 53K | 0 | — | —% | ₹106.00 | 540 | ₹0.40 | 69.1% | 12K | -5K | 73K |
| — | — | — | —% | ₹40.30 | 545 | ₹14.30 | 153.6% | — | — | — |
| 80K | 0 | — | 139.9% | ₹120.00 | 550 | ₹0.50 | 63.3% | 20K | -9K | 1.4 L |
| — | — | — | —% | ₹34.25 | 555 | ₹0.75 | 65.0% | — | 0 | 3K |
| — | — | — | —% | ₹167.70 | 560 | ₹0.85 | 63.5% | — | 0 | 2.3 L |
| 1K | 0 | — | 72.4% | ₹94.80 | 565 | ₹1.90 | 71.6% | — | 0 | 4K |
| 70K | 0 | — | 81.8% | ₹91.65 | 570 | ₹0.65 | 57.5% | 24K | -4K | 3.1 L |
| — | — | — | —% | ₹24.00 | 575 | ₹1.25 | 59.2% | — | 0 | 33K |
| 4.4 L | 0 | — | 108.0% | ₹89.00 | 580 | ₹0.85 | 51.8% | 70K | +5K | 5.9 L |
| — | — | — | —% | ₹19.80 | 585 | ₹1.85 | 58.1% | — | 0 | 72K |
| 8.4 L | 0 | 1K | 60.0% | ₹77.50 | 590 | ₹1.10 | 48.3% | 1.6 L | +19K | 5.4 L |
| 1.2 L | 0 | — | 47.2% | ₹67.20 | 595 | ₹1.50 | 49.0% | — | 0 | 1.9 L |
| 9.1 L | -15K | 22K | 48.0% | ₹57.50 | 600ATM | ₹1.40 | 44.6% | 1.8 L | -7K | 8.2 L |
| 60K | 0 | — | —% | ₹39.70 | 605 | ₹1.60 | 43.3% | 15K | -9K | 65K |
| 3.6 L | 0 | — | 72.2% | ₹56.75 | 610 | ₹1.70 | 42.8% | 27K | -5K | 2.1 L |
| 3.1 L | 0 | — | —% | ₹39.15 | 615 | ₹2.45 | 41.7% | — | 0 | 95K |
| 4.1 L | -3K | 11K | 36.5% | ₹40.30 | 620 | ₹2.55 | 37.6% | 2.4 L | +27K | 4.4 L |
| 8K | 0 | — | 82.4% | ₹49.45 | 625 | ₹3.20 | 36.9% | 57K | +12K | 1.2 L |
| 6.1 L | -11K | 54K | 34.1% | ₹31.45 | 630 | ₹3.85 | 35.5% | 2.2 L | +37K | 4.6 L |
| 57K | 0 | — | 38.4% | ₹28.50 | 635 | ₹4.80 | 34.6% | 4K | 0 | 1.4 L |
| 5.5 L | -30K | 98K | 35.0% | ₹22.30 | 640 | ₹5.95 | 34.0% | 1.8 L | -12K | 3.1 L |
| 72K | 0 | — | 60.1% | ₹29.45 | 645 | ₹7.40 | 32.7% | 1.6 L | +30K | 1.4 L |
| 5.5 L | +5K | 1.3 L | 33.3% | ₹15.35 | 650 | ₹9.00 | 31.9% | 6.0 L | -88K | 4.8 L |
| 93K | +27K | 1.4 L | 32.4% | ₹12.30 | 655 | ₹11.10 | 31.3% | 2.0 L | +3K | 81K |
| 8.9 L | +3.2 L | 18.3 L | 31.8% | ₹9.75 | 660 | ₹13.10 | 30.0% | 7.2 L | +43K | 3.5 L |
| 1.8 L | +5K | 3.9 L | 31.2% | ₹7.75 | 665 | ₹15.85 | 29.5% | 1.6 L | -1K | 1.8 L |
| 3.8 L | +5K | 5.6 L | 30.6% | ₹5.85 | 670 | ₹18.75 | 30.5% | 99K | +8K | 3.1 L |
| 69K | -12K | 2.3 L | 29.6% | ₹4.45 | 675 | ₹105.50 | 255.7% | — | — | — |
| 5.7 L | +19K | 4.0 L | 29.9% | ₹3.10 | 680 | ₹25.10 | 29.5% | 30K | -8K | 1.2 L |
| — | — | — | 25.6% | ₹1.70 | 685 | ₹114.90 | 264.6% | — | — | — |
| 3.5 L | +11K | 2.8 L | 29.5% | ₹1.55 | 690 | ₹30.35 | 33.4% | 9K | 0 | 19K |
| 24K | +11K | 35K | 30.3% | ₹1.20 | 695 | ₹124.40 | 273.4% | — | — | — |
| 8.9 L | -1.6 L | 8.4 L | 30.4% | ₹0.85 | 700 | ₹43.65 | 32.5% | 53K | -12K | 1.5 L |
| 30K | 0 | — | 36.8% | ₹1.95 | 705 | ₹134.05 | 282.1% | — | — | — |
| 3.1 L | -22K | 58K | 30.6% | ₹0.45 | 710 | ₹43.70 | —% | — | 0 | 11K |
| 14K | -1K | 5K | 32.3% | ₹0.35 | 715 | ₹143.75 | 290.6% | — | — | — |
| 1.4 L | -5K | 80K | 33.3% | ₹0.30 | 720 | ₹60.00 | 29.5% | 1K | 0 | 57K |
| 18K | -5K | 18K | 33.1% | ₹0.25 | 725 | ₹153.50 | 298.9% | — | — | — |
| 12K | 0 | — | 40.8% | ₹0.70 | 730 | ₹70.10 | —% | — | 0 | 1K |
| — | — | — | 2.4% | ₹— | 735 | ₹— | —% | — | — | — |
| 1.5 L | -12K | 20K | 36.9% | ₹0.15 | 740 | ₹83.00 | 51.0% | — | 0 | 65K |
| — | — | — | 2.7% | ₹— | 745 | ₹— | —% | — | — | — |
| — | — | — | 101.7% | ₹10.30 | 750 | ₹90.90 | —% | — | 0 | 1K |
| — | — | — | 3.0% | ₹— | 755 | ₹— | —% | — | — | — |
| — | — | — | 184.0% | ₹34.10 | 760 | ₹98.00 | 39.4% | 1K | 0 | 58K |
| — | — | — | 3.3% | ₹— | 765 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 770 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 775 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹27.50 | 780 | ₹79.00 | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 785 | ₹— | —% | — | — | — |
| — | — | — | 4.0% | ₹— | 790 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 795 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹21.95 | 800 | ₹93.15 | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 805 | ₹— | —% | — | — | — |
| — | — | — | 4.6% | ₹— | 810 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 815 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹17.40 | 820 | ₹108.30 | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 825 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 830 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 835 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹13.65 | 840 | ₹124.20 | —% | — | — | — |
| — | — | — | 5.5% | ₹— | 845 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 850 | ₹— | —% | — | — | — |
| — | — | — | 5.9% | ₹— | 860 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 870 | ₹— | —% | — | — | — |
| 3K | 0 | — | 82.2% | ₹0.20 | 880 | ₹— | —% | — | — | — |
| — | — | — | 6.7% | ₹— | 890 | ₹— | —% | — | — | — |
| — | — | — | 6.9% | ₹— | 900 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 910 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 920 | ₹— | —% | — | — | — |
| — | — | — | 7.6% | ₹— | 930 | ₹— | —% | — | — | — |
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
Strong put and call open interest at 320 creates a psychological resistance and support floor, though spot price suggests distant expiry relevance. Immediate resistance clusters around 670–680, where both CE and PE show elevated OI builds. Implied range stretches from 570 on the downside to 680 overhead, reflecting asymmetric near-term bias.
OI Buildup Activity
Fresh longs in calls at 665, 670, and 680 signal aggressive call buying, likely driven by bullish speculation or hedged positions. On the put side, massive OI addition at 670 (+1,57,180) indicates strong defensive positioning or short call coverage by writers. Unusual buildup at 570 puts (+40,650) reveals tail-risk hedging, while PE accumulation at 680 hints at synthetic short strategies.
Volatility Read
ATM IV at 32.7% sits elevated, suggesting premium-rich environment conducive to option writing. Bearish skew, with puts farther ITM seeing disproportionate OI growth, reflects underlying hedging demand and cautious sentiment.
Strategy Implication
Bias favors short premium strategies with defined risk, targeting 670–680 strike zones with bearish structures.
Related Analysis
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 2026-04-28 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 UPL Limited today?▾
The strike with highest put (PE) open interest for UPL Limited is ₹600 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 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 2026-04-28. 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 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.