Zydus Lifesciences Limited Option Chain Analysis
| CE OI | Chg | Vol | IV | LTP | Strike | LTP | IV | Vol | Chg | PE OI |
|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | —% | ₹— | 440 | ₹— | 16.7% | — | — | — |
| — | — | — | —% | ₹— | 460 | ₹— | 15.7% | — | — | — |
| — | — | — | —% | ₹— | 480 | ₹— | 14.8% | — | — | — |
| — | — | — | —% | ₹— | 500 | ₹— | 13.9% | — | — | — |
| — | — | — | —% | ₹— | 520 | ₹— | 13.0% | — | — | — |
| — | — | — | —% | ₹— | 540 | ₹— | 12.2% | — | — | — |
| — | — | — | —% | ₹— | 560 | ₹— | 11.4% | — | — | — |
| — | — | — | —% | ₹— | 580 | ₹— | 10.6% | — | — | — |
| — | — | — | —% | ₹— | 590 | ₹— | 10.2% | — | — | — |
| — | — | — | —% | ₹— | 600 | ₹— | 9.9% | — | — | — |
| — | — | — | —% | ₹— | 610 | ₹— | 9.5% | — | — | — |
| — | — | — | —% | ₹— | 620 | ₹— | 9.1% | — | — | — |
| — | — | — | —% | ₹— | 630 | ₹— | 8.8% | — | — | — |
| — | — | — | —% | ₹— | 640 | ₹— | 8.4% | — | — | — |
| — | — | — | —% | ₹— | 650 | ₹— | 8.1% | — | — | — |
| — | — | — | —% | ₹— | 660 | ₹— | 7.8% | — | — | — |
| — | — | — | —% | ₹— | 670 | ₹— | 7.4% | — | — | — |
| — | — | — | —% | ₹— | 680 | ₹— | 7.1% | — | — | — |
| — | — | — | —% | ₹— | 690 | ₹— | 6.8% | — | — | — |
| — | — | — | —% | ₹— | 700 | ₹— | 6.5% | — | — | — |
| — | — | — | —% | ₹— | 710 | ₹— | 6.2% | — | — | — |
| 3K | 0 | — | —% | ₹157.75 | 720 | ₹0.10 | 69.5% | — | 0 | 9K |
| — | — | — | —% | ₹— | 730 | ₹— | 5.5% | — | — | — |
| 7K | 0 | — | —% | ₹106.20 | 740 | ₹3.15 | 105.6% | — | — | — |
| — | — | — | —% | ₹— | 750 | ₹— | 4.9% | — | — | — |
| 900 | 0 | — | —% | ₹175.10 | 760 | ₹0.50 | 67.5% | 900 | 0 | 6K |
| 3K | 0 | — | —% | ₹143.65 | 770 | ₹0.50 | 65.4% | — | 0 | 9K |
| 5K | 0 | — | —% | ₹155.35 | 780 | ₹0.50 | 59.9% | 900 | 0 | 17K |
| 3K | 0 | — | —% | ₹140.40 | 790 | ₹1.00 | 64.8% | — | 0 | 4K |
| 8K | 0 | — | —% | ₹118.80 | 800 | ₹0.50 | 52.4% | 900 | 0 | 68K |
| 900 | +900 | — | —% | ₹126.00 | 810 | ₹1.40 | 60.5% | — | 0 | 17K |
| 4K | 0 | — | —% | ₹117.00 | 820 | ₹0.60 | 46.3% | 11K | +2K | 54K |
| — | — | — | —% | ₹94.25 | 830 | ₹0.70 | 43.5% | 6K | -2K | 1.1 L |
| — | — | — | —% | ₹86.75 | 840 | ₹0.65 | 39.3% | 4K | +900 | 75K |
| 86K | 0 | 900 | 36.3% | ₹82.00 | 850 | ₹1.00 | 39.1% | 19K | +900 | 1.3 L |
| 86K | 0 | — | 52.9% | ₹82.50 | 860 | ₹1.15 | 35.5% | 7K | +900 | 89K |
| 1.1 L | -900 | 4K | —% | ₹59.60 | 870 | ₹1.40 | 33.0% | 19K | +3K | 66K |
| 1.7 L | 0 | — | —% | ₹55.95 | 880 | ₹1.85 | 31.9% | 26K | 0 | 2.7 L |
| 31K | 0 | — | 34.6% | ₹48.00 | 890 | ₹2.65 | 29.9% | 14K | +6K | 1.0 L |
| 1.4 L | -12K | 21K | 24.6% | ₹34.75 | 900 | ₹3.75 | 27.8% | 68K | +12K | 3.2 L |
| 86K | -2K | 5K | 24.2% | ₹26.65 | 910 | ₹5.50 | 26.8% | 43K | -3K | 1.2 L |
| 1.5 L | -5K | 61K | 25.3% | ₹20.35 | 920 | ₹8.40 | 26.1% | 76K | +900 | 1.1 L |
| 1.6 L | +65K | 2.0 L | 23.7% | ₹13.55 | 930 | ₹12.45 | 25.8% | 1.2 L | +13K | 1.1 L |
| 3.0 L | +21K | 5.8 L | 23.4% | ₹8.85 | 940 | ₹17.45 | 25.6% | 60K | -17K | 1.4 L |
| 3.9 L | +17K | 4.4 L | 23.7% | ₹5.65 | 950 | ₹24.50 | 26.1% | 6K | -2K | 81K |
| 4.5 L | -77K | 4.9 L | 23.7% | ₹3.55 | 960 | ₹26.50 | 24.0% | — | 0 | 19K |
| 1.3 L | -7K | 53K | 24.6% | ₹2.10 | 970 | ₹35.40 | 26.7% | — | 0 | 5K |
| 78K | -32K | 86K | 25.5% | ₹1.30 | 980 | ₹47.00 | 35.9% | — | 0 | 18K |
| 2.0 L | -4K | 24K | 27.2% | ₹0.90 | 990 | ₹77.80 | 86.7% | — | 0 | 900 |
| 4.2 L | -24K | 1.1 L | 29.3% | ₹0.60 | 1,000ATM | ₹68.50 | 37.1% | 13K | -6K | 91K |
| 16K | -3K | 6K | 30.6% | ₹0.45 | 1,010 | ₹127.60 | 157.3% | — | 0 | 900 |
| 900 | +900 | — | 40.9% | ₹2.00 | 1,020 | ₹86.30 | 52.2% | — | 0 | 15K |
| — | — | — | 67.2% | ₹8.40 | 1,030 | ₹122.80 | 120.3% | — | — | — |
| 900 | 0 | — | 33.9% | ₹0.30 | 1,040 | ₹112.90 | 52.1% | 900 | 0 | 9K |
| — | — | — | 2.5% | ₹— | 1,050 | ₹— | —% | — | — | — |
| 67K | -4K | 6K | 37.0% | ₹0.15 | 1,060 | ₹117.00 | —% | — | 0 | 1.2 L |
| — | — | — | 2.9% | ₹— | 1,070 | ₹— | —% | — | — | — |
| — | — | — | 80.0% | ₹6.15 | 1,080 | ₹134.20 | —% | — | 0 | 3K |
| — | — | — | 3.3% | ₹— | 1,090 | ₹— | —% | — | — | — |
| — | — | — | 3.5% | ₹— | 1,100 | ₹— | —% | — | — | — |
| — | — | — | 3.7% | ₹— | 1,110 | ₹— | —% | — | — | — |
| — | — | — | 3.9% | ₹— | 1,120 | ₹— | —% | — | — | — |
| — | — | — | 4.1% | ₹— | 1,130 | ₹— | —% | — | — | — |
| — | — | — | 4.3% | ₹— | 1,140 | ₹— | —% | — | — | — |
| — | — | — | 4.5% | ₹— | 1,150 | ₹— | —% | — | — | — |
| — | — | — | 4.7% | ₹— | 1,160 | ₹— | —% | — | — | — |
| — | — | — | 4.9% | ₹— | 1,170 | ₹— | —% | — | — | — |
| — | — | — | 5.0% | ₹— | 1,180 | ₹— | —% | — | — | — |
| — | — | — | 5.2% | ₹— | 1,190 | ₹— | —% | — | — | — |
| — | — | — | 5.4% | ₹— | 1,200 | ₹— | —% | — | — | — |
| — | — | — | 5.6% | ₹— | 1,210 | ₹— | —% | — | — | — |
| — | — | — | 5.8% | ₹— | 1,220 | ₹— | —% | — | — | — |
| — | — | — | 6.2% | ₹— | 1,240 | ₹— | —% | — | — | — |
| — | — | — | 6.5% | ₹— | 1,260 | ₹— | —% | — | — | — |
| — | — | — | 6.8% | ₹— | 1,280 | ₹— | —% | — | — | — |
| — | — | — | 7.2% | ₹— | 1,300 | ₹— | —% | — | — | — |
| — | — | — | 7.5% | ₹— | 1,320 | ₹— | —% | — | — | — |
| — | — | — | 7.9% | ₹— | 1,340 | ₹— | —% | — | — | — |
| — | — | — | 8.2% | ₹— | 1,360 | ₹— | —% | — | — | — |
Bold CE OI = highest call writing (resistance). Bold PE OI = highest put writing (support). ATM = at-the-money.
Key Strike Levels
Resistance anchors at 1000 CE, where open interest peaks at 4.27 lakh contracts, signaling strong writer presence. Immediate support forms at 1060 PE with 1.23 lakh contracts, revealing put writers defending deeper levels. The implied range between 930 and 1000 reflects near-term equilibrium, with directional breakout pending.
OI Buildup Activity
Fresh long calls emerge at 960 (+99,900 OI), suggesting aggressive call buying as accumulation zone nears. Additional long buildup at 970 and 980 confirms bullish sentiment above spot, with call writers potentially facing pressure. On the put side, fresh longs at 940 (+29,700) and 950 (+20,700) indicate early support stacking, while 930 sees defensive long put entries.
Volatility Read
ATM IV holds at 19.77%, within moderate territory, allowing premium sellers room to operate. Bearish skew prevails, with puts trading richer than calls, reflecting underlying hedging bias.
Strategy Implication
Bias tilts slightly bearish with premium selling and long call dominance below 980 constraining upside momentum.