Option Chain Analysis

Processing ...
DRREDDY 6287.5 83.2 *Data as on 2024-05-02
Dr. Reddy's Laboratories Option chain analysis for expiry 30-May-2024. Strike prices without any Open Interest are ommited in below table. This is an end of the day report and not the live market data. Visit the offical NSE option chain page to see the live data.
Calls Puts
Builtup Call Price Call OI Strike Puts OI Put Price Builtup PCR
- - - 5400 17 +1 6 +2.4 Buying -
- 820.75 +77.7 1 5500 188 +39 10 +1.75 Buying 188
- - - 5550 21 5.05 -4.4 - -
- - - 5600 261 +12 13.6 -2.8 Writing -
- - - 5650 14 +1 9.55 -7.15 Writing -
- 631.1 +72.1 2 5700 181 -15 19.85 -7.1 Long Covering 90.5
- 585.55 +70.1 1 5750 34 +1 17 -10.9 Writing 34
- 541 +67.75 1 5800 564 -30 31.15 -10.6 Long Covering 564
- 497.65 +65.15 1 5850 20 28.6 -15.75 - 20
- 439.7 +46.35 23 5900 250 -32 47.7 -14 Long Covering 10.87
- 415.2 +71.85 14 5950 60 +1 56.65 -19.35 Writing 4.29
Short Covering 366.2 +56.95 128 -2 6000 409 +8 68.8 -22.8 Writing 3.2
- 339.65 +65.4 18 6050 45 69.5 -39.35 - 2.5
Short Covering 304.4 +66 100 -1 6100 311 +4 98 -32.1 Writing 3.11
- 271.5 +56.8 14 6150 35 -5 115.2 -37.5 Long Covering 2.5
Buying 233.8 +43.05 221 +7 6200 423 +25 135.3 -39.05 Writing 1.91
Buying 207.7 +36.9 118 +14 6250 75 +14 158.8 -43 Writing 0.64
Short Covering 182.75 +33.1 675 -137 6300 129 +15 183.4 -47.65 Writing 0.19
Buying 159.55 +29.7 126 +6 6350 16 -2 190.2 -73.8 Long Covering 0.13
- 139.65 +26.55 280 6400 31 +3 241.45 -56.7 Writing 0.11
Buying 120.5 +22.7 47 +9 6450 16 248.25 -56.65 - 0.34
Buying 105.35 +20.85 633 +35 6500 43 +1 280.4 -87.65 Writing 0.07
- 87.4 +17.9 13 6550 - - - -
Buying 76.75 +14.8 272 +22 6600 63 373.15 -42.5 - 0.23
Short Covering 61.85 +8.1 26 -1 6650 - - - -
Buying 57.2 +11.65 173 +12 6700 4 427.85 -69.3 - 0.02
Short Covering 41.5 +6.8 83 -18 6800 - - - -
Buying 29.7 +0.4 11 +6 6850 - - - -
Buying 30.7 +6.4 68 +5 6900 - - - -
Buying 21.75 +3.95 369 +94 7000 1 689.7 -76.95 - 0
Buying 17.6 +3.4 11 +7 7100 - - - -
Buying 10.2 +0.6 381 +154 7200 - - - -
3810 Total 3211 0.84

Option chain displays all the contracts of a given derivative in a single table. This is incredibly valuable for "Options Trading" since it displays where the rest of the market players find support and resistance. This table could be used by both the "Option Writer" and the "Option Buyer" to increase their trading odds.

Check the list of all F&O stocks.

How to read the above option chain table?

Data we are showing in above table is not the live data but is end of the day data. It displayes Open Interest along with the increase or decrease in OI from the previous trading day. Price column shows the settlement price of the options. PCR column has the value of Put Call Ratio. And builtup show an estimated idea according to activity based on the below table as suggested by many market experts. Still we want to remind you that these are just ideas and not any type of guarantee of the momentum.


Calls:

  1. OI increasing & Option Price Increasing = Call Buying (Bullish trend trend)
  2. OI increasing & Option Price Decreasing = Call Writing (Bearish trend)
  3. OI Decreasing & Option Price Increasing = Call Short Covering (Bullish trend)
  4. OI Decreasing & Option Price Decreasing = Call Long Covering (Bearish trend)

Puts:

  1. OI increasing & Option Price Increasing = Put Buying (Bearish trend)
  2. OI increasing & Option Price Decreasing = Put Writing (Bullish trend)
  3. OI Decreasing & Option Price Increasing = Put Short Covering (Bearish trend)
  4. OI Decreasing & Option Price Decreasing = Put Long Covering (Bullish trend)
Disclaimer :

Trading or investing involves a high level of risk, including the loss of all of your investment. No information on our website should be interpreted as an investment / trading suggestion. We are not providing any kind of financial tips or recommendations. We just provide the data that you can analyse yourself and make your own decision. You are solely responsible for any of your action.

We are not SEBI registered analysts. Our website or any person associated with our website are not liable for any kind of losses, fees or charges etc.

We have tried our best to keep the data accuracy. Though we process the data directly available from the exchanges, but still we don't guarantee that our data is accurate and up to date. Verify the accuracy of data from other sources as like NSE and BSE websites.

Stocklyzer

At stocklyzer, we provide financial tools, guides and data analysis to help you to make your decision in the financial market.

Contact us
Contact us for any kind of inquiry contact@stocklyzer.com Contact form
Stocklyzer.com © Copyright 2023. All Rights Reserved.