INFY Option Chain - Live & Historical OI & Greeks
View live and historical INFY option chain with real-time prices, open interest, volume, and Greeks. Switch to Historical Mode to replay past data for any trading date. Track all strikes and expiries in one place.
Infosys Ltd (INFY) Option Chain: What is Open Interest (OI) and How to Read It
What does OI mean in the INFY option chain?
Open Interest (OI) is the total number of active option contracts at each strike price that have not yet been closed, exercised, or expired. In the INFY option chain, the OI column on the call side shows how many call contracts are outstanding, and the put side shows put contracts. Unlike volume which resets daily, OI accumulates across sessions — it tells you where traders have committed real money and are holding positions overnight. When you see the OI bar visually growing at a particular strike, it means that strike is becoming a key level for Infosys Ltd.
How to identify support and resistance using INFY OI
The strike with the highest put OI is your strongest support level — put sellers at that strike collected premium and are betting INFY will stay above it. They will defend this level. The strike with the highest call OI is your strongest resistance — call sellers believe INFY won't cross that level. The OI bar chart in the INFY option chain visually highlights these concentrations. The range between the highest put OI and highest call OI defines the expected trading range for Infosys Ltd until expiry. For Infosys Ltd, a IT sector stock, these levels can shift around earnings or sector events.
What does the OI Rank indicator tell you?
In the INFY option chain, the OI column shows a rank badge (like #1, #2, #3) next to certain strikes. This rank highlights which strikes have the highest OI across the entire chain — the #1 ranked call OI strike is your primary resistance, and the #1 ranked put OI strike is your primary support. These top-ranked levels are the most important to watch because they represent the largest financial commitments. If the #1 OI strike changes from one session to the next, the market's structural levels are shifting — a significant signal.
ITM Total, OTM Total, and Total OI in the INFY chain
The summary rows at the bottom of the INFY option chain show ITM Total (all in-the-money OI), OTM Total (all out-of-the-money OI), and the overall Total. Comparing ITM vs OTM open interest reveals market positioning. If OTM put OI is much larger than OTM call OI, more put writing is happening below the current INFY price — generally bullish. If OTM call OI dominates, more call writing above is creating a cap — bearish. The total OI number gives you a sense of overall market participation in Infosys Ltd options for this expiry. Higher total OI means more liquid, more reliable levels. As a NIFTY constituent, INFY typically has deep OI participation making these totals meaningful.
Infosys Ltd (INFY) Option Chain: Max Pain — The Strike Marker That Predicts Expiry
What is the Max Pain marker in the INFY option chain?
In the INFY option chain, the Max Pain strike is marked with a special "Max Pain" badge next to the strike number. This strike represents the price level where option buyers (both call and put holders) would lose the maximum total money if Infosys Ltd settles there at expiry. Conversely, it is where option sellers collectively pay out the least. The INFY option chain calculates this by summing the total intrinsic value payout to all option holders at each strike and finding the one with the minimum combined loss.
Does INFY actually settle near Max Pain?
Market studies and trader experience show that stock options like Infosys Ltd converge toward max pain with somewhat lower reliability than index options, roughly 40-50% of the time. The effect is strongest in the last 2-3 trading sessions before expiry and in range-bound markets. It works because option sellers (market makers) hedge their positions by trading the underlying, and this hedging activity creates a natural pull toward the max pain level. During strong trends or surprise events, max pain can fail entirely.
How to use Max Pain in your INFY trading
If INFY is currently trading above max pain, there is a gravitational pull downward — the probability of the price easing toward that level increases as expiry approaches. If below max pain, the pull is upward. The INFY option chain makes this comparison easy — just compare the current underlying price (shown in the LTP display) with the Max Pain tagged strike. The distance between them tells you the expected magnitude of the pull. For expiry-day trading: if INFY opens near max pain, expect range-bound action. If it opens far from max pain, expect a drift in that direction.
When to trust and when to ignore INFY Max Pain
Trust max pain for Infosys Ltd when: total OI is high, the pain level has been stable for 3+ sessions, VIX is moderate, and there is no major event imminent. Ignore max pain when: OI is rapidly shifting (max pain moves daily), a strong directional trend overrides hedging flows, there is an upcoming earnings announcement, corporate action, or sector news, or overall OI is unusually low for INFY. The max pain marker in the option chain is a helpful reference point, not a guaranteed target. Use it alongside OI levels, PCR, and Buildup data for the most informed Infosys Ltd trading decisions. As of 11 July 2026, check where max pain sits relative to the current INFY price.
Infosys Ltd (INFY) Option Chain: How to Trade the IT Sector Using Options
Why Infosys Ltd is important for IT sector traders
Infosys Ltd (INFY) is India's second-largest IT firm, a pioneer of the Indian IT outsourcing model, known for digital transformation and consulting services. As a NIFTY constituent, which means its option chain reflects both company-specific sentiment and broader IT sector dynamics. INFY's option chain is influenced by quarterly earnings, sector regulatory changes, and management guidance. Being part of NIFTY, the stock also moves with index-level flows.
INFY option chain features for informed decisions
The INFY option chain shows all available strikes for the current and future expiries, with comprehensive data at each level. The OI columns tell you where the market expects Infosys Ltd support and resistance. The Buildup indicator shows whether current activity is Long, Short, Unwinding, or Covering. The Greeks help you choose the right strike based on your time horizon and risk appetite. The IV column tells you whether INFY options are currently cheap or expensive. Together, these columns give you a complete picture that no price chart can provide.
Common INFY option strategies based on chain data
For Infosys Ltd: Before earnings, IV is high — sell iron condors to capture premium. After earnings, enter directional positions based on the Buildup column's signals at key strikes. During quiet periods, sell strangles between the highest call and put OI strikes in the chain. The INFY option chain data guides both strategy selection and strike selection.
Key things to check in the INFY chain as of 11 July 2026
Here is your Infosys Ltd option chain checklist for today. 1) What are the top 3 call OI and put OI strikes? These are your resistance and support. 2) What is the current PCR? Above 1.0 = bullish lean. 3) Where is max pain? How far from current price? 4) Check the Buildup column at ATM — is it showing Long or Short? 5) Is IV elevated or depressed compared to recent levels? 6) Has OI at key levels increased or decreased from yesterday? These six checks take 2 minutes and give you a complete framework for trading INFY options. For Infosys Ltd, this is most valuable during active periods with high OI participation.

Option Chain: Video Walkthrough
INFY option chain OI: quick reference
| OI signal in the chain | Where to look | What it means for INFY |
|---|---|---|
| Highest Call OI | Strike above spot with peak call OI | Key resistance; expected ceiling before expiry |
| Highest Put OI | Strike below spot with peak put OI | Key support; expected floor before expiry |
| Rising Call OI (+ Chg OI) | Call side of a strike | Fresh call writing; resistance building at that level |
| Rising Put OI (+ Chg OI) | Put side of a strike | Fresh put writing; support building at that level |
| Falling Call OI (− Chg OI) | Call side unwinding | Short covering; resistance weakening, upside room |
| Falling Put OI (− Chg OI) | Put side unwinding | Support being pulled; downside risk rising |
Read these from the live chain's OI and change-in-OI (Chg OI) columns. The widest Call and Put OI clusters bracket the expected INFY range for the expiry, while the Chg OI column tells you whether a level is being reinforced or unwound. OI concentration can shift through the session, so re-check the chain as expiry approaches.
How to use the StockMojo Option Chain
- Pick a symbol — Type or select Nifty, BankNifty, FinNifty, or any F&O stock in the symbol search at the top.
- Choose your expiry — Use the expiry dropdown to switch between weekly and monthly contracts. The current week is selected by default.
- Identify the ATM strike — Find the highlighted at-the-money strike — this is your reference point for reading OI and IV across the chain.
- Scan OI and Change in OI — Look for strikes with the highest call OI (resistance) and put OI (support). Check Change in OI to see where new positions are being built right now.
- Cross-reference with Max Pain and PCR tools — Open Max Pain and Put Call Ratio in adjacent tabs to confirm whether the OI picture aligns with broader sentiment.
INFY Option Chain — Frequently Asked Questions
How to read INFY option chain?
The INFY option chain shows all available options with their strike prices, premiums, open interest and volume. Calls are on the left, puts on the right. High OI at a strike indicates strong support/resistance. Use the chain to analyze market sentiment and plan your trades.
What is INFY open interest in option chain?
Open Interest (OI) in INFY option chain shows total outstanding contracts at each strike. Rising OI with rising price = bullish (long buildup). Rising OI with falling price = bearish (short buildup). Concentration of Put OI suggests support, Call OI suggests resistance.
Which strike to buy in INFY options?
For INFY options, ATM strikes have highest theta decay but most responsive to price moves. ITM options cost more but have less time decay risk. OTM options are cheaper but need larger moves. Consider your trade duration, risk tolerance and view strength when selecting strikes.
Can I view historical option chain data for INFY?
Yes, switch to Historical Mode to view past INFY option chain data for any trading date. You can replay OI, volume, and premium snapshots as they appeared on a specific date and expiry. This is useful for back-testing strategies and studying how OI build-up evolved before key INFY moves.
What does IV mean in the INFY option chain?
IV (implied volatility) in the INFY option chain is the market's expected volatility priced into each strike's premium. Higher IV means costlier options and a wider expected move. Compare call and put IV across strikes to spot skew — richer OTM put IV signals downside-hedging demand. IV typically spikes before INFY events and cools off afterwards.