Wipro Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 100 | ₹— | 15.6% | — | — | — |
| — | — | — | —% | ₹— | 105 | ₹— | 14.5% | — | — | — |
| — | — | — | —% | ₹— | 110 | ₹— | 13.5% | — | — | — |
| — | — | — | —% | ₹— | 115 | ₹— | 12.5% | — | — | — |
| — | — | — | —% | ₹— | 120 | ₹— | 11.6% | — | — | — |
| — | — | — | —% | ₹— | 125 | ₹— | 10.7% | — | — | — |
| — | — | — | —% | ₹— | 130 | ₹— | 9.8% | — | — | — |
| — | — | — | —% | ₹— | 132.5 | ₹— | 9.4% | — | — | — |
| — | — | — | —% | ₹— | 135 | ₹— | 9.0% | — | — | — |
| — | — | — | —% | ₹— | 137.5 | ₹— | 8.6% | — | — | — |
| — | — | — | —% | ₹— | 140 | ₹— | 8.2% | — | — | — |
| — | — | — | —% | ₹— | 142.5 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 145 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 147.5 | ₹— | 7.0% | — | — | — |
| 1.2 L | 0 | — | —% | ₹48.30 | 150 | ₹0.04 | —% | 15K | -6K | 6.7 L |
| — | — | — | —% | ₹— | 152.5 | ₹— | 6.3% | — | — | — |
| — | — | — | —% | ₹77.88 | 155 | ₹0.04 | 75.5% | — | 0 | 1.4 L |
| — | — | — | —% | ₹— | 157.5 | ₹— | 5.6% | — | — | — |
| 51K | 0 | — | —% | ₹41.65 | 160 | ₹0.04 | 71.8% | 39K | -9K | 5.7 L |
| — | — | — | —% | ₹39.96 | 162.5 | ₹0.08 | 69.3% | — | 0 | 24K |
| 3K | 0 | — | —% | ₹42.65 | 165 | ₹0.04 | 62.9% | 27K | +3K | 3.2 L |
| — | — | — | 52.9% | ₹35.35 | 167.5 | ₹0.15 | 66.9% | — | 0 | 1.4 L |
| 2.9 L | 0 | 15K | —% | ₹34.50 | 170 | ₹0.03 | 53.0% | 1.8 L | -51K | 21.3 L |
| — | — | — | 75.3% | ₹30.92 | 172.5 | ₹0.06 | 54.0% | 45K | +21K | 1.6 L |
| 1.3 L | 0 | 24K | —% | ₹29.15 | 175 | ₹0.06 | 49.7% | 3.4 L | -36K | 12.9 L |
| 60K | 0 | — | —% | ₹26.05 | 177.5 | ₹0.10 | 50.8% | 39K | -12K | 2.2 L |
| 7.0 L | -30K | 1.7 L | —% | ₹24.10 | 180 | ₹0.13 | 47.4% | 9.5 L | -1.4 L | 42.9 L |
| 1.1 L | 0 | — | 42.9% | ₹20.56 | 182.5 | ₹0.16 | 44.7% | 4.6 L | -3K | 7.3 L |
| 13.4 L | -15K | 1.1 L | —% | ₹19.28 | 185 | ₹0.19 | 41.7% | 31.5 L | +63K | 40.3 L |
| 7.4 L | -3K | 6K | —% | ₹16.88 | 187.5 | ₹0.24 | 39.0% | 6.5 L | -1.8 L | 13.5 L |
| 21.9 L | -2.5 L | 6.7 L | —% | ₹14.24 | 190 | ₹0.31 | 36.2% | 46.2 L | -12.4 L | 68.6 L |
| 6.8 L | 0 | 9K | —% | ₹11.85 | 192.5 | ₹0.40 | 33.6% | 18.4 L | -96K | 18.1 L |
| 8.5 L | -1.1 L | 3.9 L | —% | ₹9.57 | 195 | ₹0.56 | 31.1% | 97.8 L | +9K | 45.1 L |
| 7.2 L | -3.5 L | 11.5 L | —% | ₹7.42 | 197.5 | ₹0.83 | 29.2% | 42.5 L | -3.1 L | 21.4 L |
| 80.1 L | -8.6 L | 82.2 L | 17.8% | ₹5.38 | 200 | ₹1.35 | 28.3% | 1.06 Cr | -8.4 L | 95.8 L |
| 44.1 L | -8.5 L | 73.7 L | 19.3% | ₹3.64 | 202.5 | ₹2.08 | 27.4% | 57.7 L | +3.7 L | 39.5 L |
| 1.56 Cr | -21.9 L | 2.92 Cr | 19.8% | ₹2.26 | 205 | ₹3.24 | 27.8% | 76.1 L | +2.3 L | 41.9 L |
| 52.6 L | +6.1 L | 98.3 L | 21.6% | ₹1.43 | 207.5 | ₹4.84 | 29.4% | 20.6 L | +3.3 L | 20.1 L |
| 2.87 Cr | -34.4 L | 2.68 Cr | 23.2% | ₹0.90 | 210ATM | ₹6.81 | 32.1% | 16.4 L | -84K | 23.5 L |
| 30.4 L | -2.0 L | 33.1 L | 24.7% | ₹0.59 | 212.5 | ₹8.97 | 35.3% | 2.9 L | -1.2 L | 7.0 L |
| 1.07 Cr | +42K | 1.01 Cr | 27.0% | ₹0.40 | 215 | ₹11.22 | 39.0% | 2.1 L | +9K | 4.7 L |
| 17.1 L | -1.5 L | 28.9 L | 28.9% | ₹0.28 | 217.5 | ₹16.42 | 56.6% | — | 0 | 3.5 L |
| 1.35 Cr | -42.1 L | 1.37 Cr | 31.2% | ₹0.22 | 220 | ₹16.11 | 48.4% | 1.2 L | 0 | 6.6 L |
| 8.8 L | -1.1 L | 5.7 L | 33.4% | ₹0.17 | 222.5 | ₹20.27 | 59.9% | — | 0 | 39K |
| 63.3 L | -3.1 L | 42.3 L | 35.2% | ₹0.13 | 225 | ₹20.89 | 54.8% | 45K | -12K | 7.6 L |
| 10.5 L | -93K | 5.7 L | 36.4% | ₹0.09 | 227.5 | ₹26.00 | 71.3% | — | 0 | 45K |
| 68.3 L | -2.0 L | 31.7 L | 38.1% | ₹0.07 | 230 | ₹25.80 | 63.3% | 75K | -45K | 12.3 L |
| — | — | — | 3.0% | ₹— | 232.5 | ₹— | —% | — | — | — |
| 22.1 L | -3.2 L | 8.6 L | 42.3% | ₹0.05 | 235 | ₹30.40 | 71.6% | 21K | -18K | 93K |
| — | — | — | 3.5% | ₹— | 237.5 | ₹— | —% | — | — | — |
| 23.6 L | -1.2 L | 4.9 L | 46.5% | ₹0.04 | 240 | ₹35.80 | 76.7% | 1.2 L | -33K | 19.0 L |
| — | — | — | 3.9% | ₹— | 242.5 | ₹— | —% | — | — | — |
| 5.3 L | -33K | 84K | 49.9% | ₹0.03 | 245 | ₹40.89 | 84.3% | 1.4 L | -72K | 13.7 L |
| — | — | — | 4.4% | ₹— | 247.5 | ₹— | —% | — | — | — |
| 46.5 L | -87K | 1.4 L | 54.8% | ₹0.03 | 250 | ₹21.30 | —% | — | — | — |
| — | — | — | 4.8% | ₹— | 252.5 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹8.30 | 255 | ₹24.60 | —% | — | — | — |
| — | — | — | 5.3% | ₹— | 257.5 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹6.90 | 260 | ₹28.15 | —% | — | — | — |
| — | — | — | 5.7% | ₹— | 262.5 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹5.75 | 265 | ₹31.90 | —% | — | — | — |
| — | — | — | 6.1% | ₹— | 267.5 | ₹— | —% | — | — | — |
| — | — | — | —% | ₹4.70 | 270 | ₹35.75 | —% | — | — | — |
| — | — | — | —% | ₹3.85 | 275 | ₹39.85 | —% | — | — | — |
| 3.7 L | 0 | 24K | —% | ₹0.01 | 280 | ₹44.05 | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 285 | ₹86.50 | —% | — | 0 | 96K |
| — | — | — | 7.9% | ₹— | 290 | ₹— | —% | — | — | — |
| — | — | — | 8.3% | ₹— | 295 | ₹— | —% | — | — | — |
| — | — | — | 8.6% | ₹— | 300 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Immediate resistance aligns at ₹205, backed by peak CE open interest, with stronger supply emerging at ₹210 and ₹220. Support clusters at ₹200 and ₹195, where substantial PE OI anchors demand, while ₹202.5 acts as a near-term floor. The implied range holds between ₹195 and ₹210, confined by dominant OI concentrations.
OI Buildup Activity
Fresh longs in calls surface at ₹205 and ₹210, signaling aggressive call writing as writers test upside traction despite spot proximity. The ₹220 CE sees marginal long buildup, suggesting speculative bets on breakout momentum. On the put side, strong OI addition at ₹200 and ₹195 indicates defensive long put positions, with writers possibly covering or establishing downside hedges.
Volatility Read
ATM IV at 17.96% reflects subdued near-term volatility expectations, though bearish skew highlights elevated put demand relative to calls. Skew underscores trader bias toward downside protection, especially around quarterly event risk.
Strategy Implication
Bias tilts range-bound with bearish lean, favoring short call structures or put spreads near ₹205–₹210 against support at ₹195–₹200.