Vishal Mega Mart Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | — | —% | ₹— | 85 | ₹— | —% | — | +24K | 1.6 L |
| 1.2 L | 0 | — | —% | ₹— | 90 | ₹— | —% | — | -5K | 3.8 L |
| 15K | 0 | — | —% | ₹— | 92.5 | ₹— | —% | — | — | — |
| 97K | 0 | — | —% | ₹— | 95 | ₹— | —% | — | +92K | 15.3 L |
| 0 | 0 | — | —% | ₹— | 97.5 | ₹— | —% | — | +5K | 24K |
| 1.2 L | 0 | — | —% | ₹— | 100 | ₹— | —% | — | -44K | 16.8 L |
| 1.3 L | 0 | — | —% | ₹— | 102.5 | ₹— | —% | — | -5K | 11.2 L |
| 12.2 L | +87K | — | —% | ₹— | 105 | ₹— | —% | — | +73K | 27.0 L |
| 11.2 L | +1.8 L | — | —% | ₹— | 107.5 | ₹— | —% | — | +39K | 16.6 L |
| 42.1 L | +5K | — | —% | ₹— | 110 | ₹— | —% | — | -15K | 30.7 L |
| 18.0 L | -19K | — | —% | ₹— | 112.5 | ₹— | —% | — | +10K | 8.8 L |
| 59.0 L | +4.6 L | — | —% | ₹— | 115ATM | ₹— | —% | — | 0 | 15.7 L |
| 7.7 L | 0 | — | —% | ₹— | 117.5 | ₹— | —% | — | 0 | 0 |
| 52.7 L | +1.5 L | — | —% | ₹— | 120 | ₹— | —% | — | 0 | 3.6 L |
| 5.2 L | -5K | — | —% | ₹— | 122.5 | ₹— | —% | — | 0 | 24K |
| 20.7 L | -1.6 L | — | —% | ₹— | 125 | ₹— | —% | — | 0 | 15K |
| 19K | -5K | — | —% | ₹— | 127.5 | ₹— | —% | — | — | — |
| 11.9 L | +5K | — | —% | ₹— | 130 | ₹— | —% | — | 0 | 63K |
| 1.6 L | 0 | — | —% | ₹— | 135 | ₹— | —% | — | 0 | 5K |
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 call open interest (OI) clusters around the ₹115 strike with 59,12,150 contracts, forming a strong resistance zone that has historically halted upward moves in prior expiries. Put OI peaks at the ₹110 strike with 30,74,900 contracts, indicating a support belt that has repeatedly absorbed selling pressure. Combined OI suggests an implied price corridor between ₹110 and ₹115 for the September expiry, outlining the market’s most probable range.
OI Buildup Activity
During the latest session, the ₹115 call accrued an additional 4,75,300 contracts, reinforcing the resistance stance and reflecting aggressive positioning by aggressive buyers. The ₹107.5 call added 1,84,300 contracts and the ₹120 call contributed 1,60,050 contracts, showing broader call‑side participation that expands the upside exposure. On the put side, the ₹95 strike attracted 82,450 new contracts, the ₹105 strike 77,600 contracts, and the ₹107.5 strike 38,800 contracts, highlighting accumulating downside protection as market participants hedge against potential declines.
Volatility Read
The at‑the‑money implied volatility stands at 24.91%, reflecting moderate pricing pressure and a balanced risk premium for traders. The volatility skew is bearish, with higher implied volatilities on out‑of‑the‑money puts than calls, signalling a market bias toward lower outcomes and a preference for downside insurance.
Key OI Levels
The most concentrated open interest resides at the ₹115 call (59,12,150) and the ₹110 put (30,74,900).