Vishal Mega Mart Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 58 | ₹— | 15.8% | — | — | — |
| — | — | — | —% | ₹— | 60 | ₹— | 15.1% | — | — | — |
| — | — | — | —% | ₹— | 62 | ₹— | 14.3% | — | — | — |
| — | — | — | —% | ₹— | 64 | ₹— | 13.6% | — | — | — |
| — | — | — | —% | ₹— | 66 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 68 | ₹— | 12.3% | — | — | — |
| — | — | — | —% | ₹— | 70 | ₹— | 11.7% | — | — | — |
| — | — | — | —% | ₹— | 72 | ₹— | 11.1% | — | — | — |
| — | — | — | —% | ₹— | 73 | ₹— | 10.8% | — | — | — |
| — | — | — | —% | ₹— | 74 | ₹— | 10.4% | — | — | — |
| — | — | — | —% | ₹— | 75 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 76 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 77 | ₹— | 9.6% | — | — | — |
| — | — | — | —% | ₹— | 78 | ₹— | 9.3% | — | — | — |
| — | — | — | —% | ₹— | 79 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 80 | ₹— | 8.7% | — | — | — |
| — | — | — | —% | ₹— | 81 | ₹— | 8.5% | — | — | — |
| — | — | — | —% | ₹— | 82 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 83 | ₹— | 7.9% | — | — | — |
| — | — | — | —% | ₹— | 84 | ₹— | 7.7% | — | — | — |
| — | — | — | —% | ₹— | 85 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 86 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹— | 87 | ₹— | 6.9% | — | — | — |
| — | — | — | —% | ₹— | 88 | ₹— | 6.6% | — | — | — |
| — | — | — | —% | ₹— | 89 | ₹— | 6.4% | — | — | — |
| 5K | 0 | — | —% | ₹23.74 | 90 | ₹0.06 | —% | 1.1 L | +1.0 L | 1.9 L |
| — | — | — | —% | ₹— | 91 | ₹— | 5.9% | — | — | — |
| 19K | 0 | — | —% | ₹27.09 | 92 | ₹0.06 | —% | 29K | 0 | 2.0 L |
| — | — | — | —% | ₹— | 93 | ₹— | 5.4% | — | — | — |
| 5K | 0 | 15K | —% | ₹27.06 | 94 | ₹0.64 | —% | — | — | — |
| 1.1 L | +29K | 39K | —% | ₹26.29 | 95 | ₹0.07 | —% | 39K | +5K | 92K |
| — | — | 15K | —% | ₹25.06 | 96 | ₹0.96 | 120.6% | — | — | — |
| — | — | 5K | —% | ₹24.10 | 97 | ₹1.15 | —% | — | — | — |
| — | — | 5K | —% | ₹23.10 | 98 | ₹0.56 | 96.8% | — | 0 | 5K |
| — | — | — | —% | ₹8.49 | 99 | ₹1.64 | 127.3% | — | — | — |
| 19K | +19K | — | —% | ₹18.12 | 100 | ₹0.08 | 72.2% | 58K | -5K | 2.8 L |
| 39K | +5K | 10K | —% | ₹21.01 | 101 | ₹0.19 | 75.1% | 68K | +34K | 53K |
| 24K | 0 | — | —% | ₹16.30 | 102 | ₹0.20 | 64.0% | — | 0 | 49K |
| — | — | 5K | —% | ₹18.12 | 103 | ₹3.00 | 138.1% | — | — | — |
| 15K | 0 | 5K | —% | ₹17.12 | 104 | ₹1.20 | 92.2% | — | 0 | 5K |
| 4.9 L | -29K | 68K | —% | ₹16.33 | 105 | ₹0.10 | 58.3% | 92K | 0 | 6.5 L |
| 19K | 0 | — | —% | ₹8.29 | 106 | ₹0.58 | 65.9% | — | 0 | 15K |
| — | — | — | —% | ₹3.84 | 107 | ₹2.00 | 96.3% | — | 0 | 10K |
| 53K | 0 | — | —% | ₹8.30 | 108 | ₹0.15 | 41.3% | — | 0 | 34K |
| — | — | — | —% | ₹3.04 | 109 | ₹6.13 | 158.9% | — | — | — |
| 4.5 L | 0 | 5K | —% | ₹8.78 | 110 | ₹0.20 | 51.0% | 1.4 L | -19K | 7.3 L |
| — | — | 2.3 L | 27.5% | ₹9.94 | 111 | ₹7.44 | 166.8% | — | — | — |
| 8.3 L | 0 | 2.7 L | —% | ₹11.49 | 112 | ₹0.24 | 46.7% | 2.0 L | -39K | 2.9 L |
| 34K | 0 | — | 31.6% | ₹6.19 | 113 | ₹3.12 | 84.0% | — | 0 | 1.1 L |
| 1.8 L | 0 | 5K | —% | ₹7.00 | 114 | ₹9.65 | 179.7% | — | — | — |
| 10.9 L | -87K | 5.1 L | —% | ₹8.40 | 115ATM | ₹0.47 | 43.5% | 4.0 L | +1.4 L | 5.8 L |
| 1.6 L | 0 | 5K | 31.9% | ₹6.00 | 116 | ₹1.92 | 46.9% | — | 0 | 1.4 L |
| 3.0 L | -10K | 19K | 25.1% | ₹4.80 | 117 | ₹2.58 | 50.9% | — | 0 | 10K |
| 1.2 L | -19K | 44K | 35.9% | ₹4.70 | 118 | ₹1.15 | 44.9% | 1.2 L | +24K | 3.3 L |
| 9.5 L | +5K | 92K | 36.4% | ₹5.14 | 119 | ₹13.79 | 202.7% | — | — | — |
| 11.6 L | -7.7 L | 44.7 L | 36.5% | ₹4.59 | 120 | ₹1.71 | 45.9% | 2.2 L | -97K | 3.4 L |
| 2.0 L | +5K | 1.8 L | 39.4% | ₹4.15 | 121 | ₹3.39 | 51.2% | 10K | +5K | 5K |
| 1.3 L | +92K | 2.7 L | 40.1% | ₹3.64 | 122 | ₹16.48 | 216.9% | — | — | — |
| — | — | — | 43.9% | ₹1.40 | 123 | ₹3.06 | 47.2% | 73K | +29K | 29K |
| 1.5 L | +63K | 3.2 L | 42.4% | ₹2.63 | 124 | ₹3.96 | 51.1% | 5K | 0 | 10K |
| 4.8 L | +2.6 L | 16.8 L | 44.6% | ₹2.37 | 125 | ₹4.90 | 48.5% | 5K | — | — |
| 5K | 0 | — | 50.7% | ₹1.06 | 126 | ₹9.07 | 66.7% | — | 0 | 10K |
| 87K | 0 | 39K | 43.8% | ₹1.55 | 127 | ₹9.23 | 55.4% | — | 0 | 34K |
| 19K | +15K | 34K | 46.0% | ₹1.10 | 128 | ₹10.76 | 69.6% | — | 0 | 5K |
| 5K | +5K | — | 54.9% | ₹0.75 | 129 | ₹23.11 | 250.0% | — | — | — |
| 6.4 L | +6.3 L | 11.5 L | 47.3% | ₹1.02 | 130 | ₹24.08 | 254.5% | — | — | — |
| — | — | — | 2.1% | ₹— | 131 | ₹— | —% | — | — | — |
| 4.2 L | +4.2 L | 5.5 L | 47.9% | ₹0.75 | 132 | ₹10.68 | 61.0% | 5K | 0 | 19K |
| — | — | — | 2.5% | ₹— | 133 | ₹— | —% | — | — | — |
| 39K | +34K | 58K | 50.9% | ₹0.58 | 134 | ₹28.00 | 272.4% | — | — | — |
| — | — | — | 2.8% | ₹— | 135 | ₹— | —% | — | — | — |
| — | — | — | 3.0% | ₹— | 136 | ₹— | —% | — | — | — |
| — | — | — | 3.1% | ₹— | 137 | ₹— | —% | — | — | — |
| — | — | — | 3.3% | ₹— | 138 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 139 | ₹— | —% | — | — | — |
| — | — | — | 3.6% | ₹— | 140 | ₹— | —% | — | — | — |
| — | — | — | 3.8% | ₹— | 141 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 142 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 143 | ₹— | —% | — | — | — |
| — | — | — | 4.2% | ₹— | 144 | ₹— | —% | — | — | — |
| — | — | — | 4.4% | ₹— | 145 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 146 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 147 | ₹— | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 148 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 149 | ₹— | —% | — | — | — |
| — | — | — | 5.1% | ₹— | 150 | ₹— | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 151 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 152 | ₹— | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 154 | ₹— | —% | — | — | — |
| — | — | — | 6.0% | ₹— | 156 | ₹— | —% | — | — | — |
| — | — | — | 6.3% | ₹— | 158 | ₹— | —% | — | — | — |
| — | — | — | 6.6% | ₹— | 160 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 162 | ₹— | —% | — | — | — |
| — | — | — | 7.1% | ₹— | 164 | ₹— | —% | — | — | — |
| — | — | — | 7.4% | ₹— | 166 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance clusters sharply at 120, where call OI peaks at 19.69 lakh contracts, acting as a magnet for option writers. Immediate support rests at 105, the highest put OI base of 7.32 lakh, holding as a floor. The implied range narrows between 105–120, with 125 emerging as a psychological extension on upside tests.
OI Buildup Activity
Fresh long calls flood into 120 and 117 strikes, signaling aggressive call writing at 120 amid attempts to cap rallies. Writers add substantial call OI at 120 (+8.78 lakh), suggesting deliberate resistance defense, while longs probe 125 (+1.12 lakh) as breakout bets. On the put side, 120 sees massive fresh OI addition (+2.52 lakh), hinting at short put interest hedging downside or anchoring spot, while 116 attracts long puts (+1.36 lakh), reinforcing near-term floor sentiment.
Volatility Read
ATM IV holds at 35.21%, reflecting sustained premium demand amid expiry positioning. Bearish skew prevails, with puts commanding higher implied volatility, underscoring hedging bias and downside caution.
Strategy Implication
Bias favors short premium near 120 with protective downside hedges, as writers dominate key strikes and skew favors defensive structures.