AMBER Analysis

AMBER Options — Where Positioning Sits Today

Read from AMBER's own numbers, as of market close, 8 Sep 2026. Every figure below is measured, not estimated — and where the book is too thin to support a reading, the page says so rather than inventing a level.

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as of market close, 8 Sep 2026 · Analysis only · Sahi does not provide investment advice

AMBER around the money

AMBER option chain around the money — 29 Sep 2026 expiry as of market close, 8 Sep 2026
StrikeCall OICall LTPPut LTPPut OI
6,8000580.2538800
6,900400690.755519,400
7,0003,4005197581,800
7,1001,500323.959911,300
7,20094,600275.1131.0541,200
7,300 ATM44,900214183.836,400
7,40054,200168.1238.553,900
7,5001,29,100132.4295.8578,400
7,60067,500102.7536535,400
7,70094,30080.2469.0548,400
7,80083,60065.250125,100

Where AMBER open interest sits

The heaviest call open interest is at the 7,500 strike, holding 1,29,100 contracts — 15.1% of all AMBER call open interest on the board, 2.70% above the spot of 7,303. Call open interest concentrated above price is commonly read as resistance, on the reasoning that writers there are defending the level. It is a crowding observation, not a rule — the level holds until that open interest unwinds.

On the put side the weight is at 7,000 with 81,800 contracts, 16.1% of AMBER put open interest, 4.14% below spot. Put open interest concentrated below price is usually treated as support for the same reason, and breaks the same way.

New to this? Read the Open Interest guide — how to read it, with worked examples.

What AMBER's PCR is saying

AMBER is carrying 5,09,200 contracts of put open interest against 8,55,000 of call, a put-call ratio of 0.60 — call-heavy positioning. PCR has no universally good value; it is read against its own recent range, and the direction it is moving carries more than the level.

It opened the session at 0.60 and has held to 0.60 — a move of 0.00. That is effectively flat: positioning has not changed sides today.

New to this? Read the PCR guide — how to read it, with worked examples.

AMBER against its max pain

Max pain for AMBER computes to 7,500, with spot at 7,303 — 2.70% below it. That strike is where the total value of all open contracts expiring would be lowest. It is arithmetic on the current open interest distribution, not a forecast, and the distribution keeps changing.

The pain curve around it is flat — the neighbouring strikes cost writers only 1.6% more than 7,500 does. A basin that shallow means several strikes are near-equally cheap to settle at, so the level is a weak magnet and small shifts in open interest can move it.

There are 21 sessions to expiry. This far out the figure moves as positions roll, and it is least informative early in a series — worth watching for direction of travel rather than as a target.

New to this? Read the Max Pain guide — how to read it, with worked examples.

What changed in AMBER today

The biggest unwind is −100 call contracts at 6,800. Positions closing matters as much as positions opening — a level defended by open interest stops being defended when that open interest leaves, and a break through a strike that is unwinding is a different event from a break against one that is intact.

Change is measured against this session's opening snapshot rather than the previous close, so the overnight gap and the positions rolled at the open do not swamp the reading.

New to this? Read the OI Change guide — how to read it, with worked examples.

The move priced into AMBER

The at-the-money straddle on AMBER costs 397.80 — 214.00 for the call and 183.80 for the put at the 7,300 strike. That sum is what the market charges to be covered in either direction, which makes it the move being priced in: about 5.45% of spot, or roughly 6,902 to 7,698 by expiry on a breakeven basis.

The straddle has moved 0.0% since the open. That is close to flat, so today's decay and any volatility move have roughly offset.

Implied volatility at the money is 28.8% on the call and 28.0% on the put. The call carries 0.8 points more, which is the less common direction and points to upside being bid.

New to this? Read the ATM Premium guide — how to read it, with worked examples.

AMBER — frequently asked questions

What is the AMBER ATM strike today?

The at-the-money strike for AMBER is 7,300, taken from a spot reading of 7,302.5 on the 29 Sep 2026 expiry. The ATM strike rolls as spot moves, so it is re-selected through the session rather than fixed at the open. It carries the highest time value of any strike, which is why decay is felt most sharply there.

Which AMBER strike has the highest open interest?

The heaviest call open interest sits at 7,500 with 1,29,100 contracts, and the heaviest put open interest at 7,000 with 81,800 contracts. Those two strikes are commonly read as the working range — calls above spot as resistance, puts below as support. They are crowding observations, not guaranteed barriers.

What is open interest in options?

Open interest is the total number of option contracts in a strike that are still open and not yet squared off or settled. It counts positions, not trades. Rising open interest means fresh contracts are being created and new money is entering that strike; falling open interest means existing positions are being closed out.

Is this data live?

The table on this page is baked into the HTML and refreshed through the trading session, so it is readable without JavaScript and carries an as-of stamp. The interactive terminal above it streams live from the exchange feed and updates continuously while the market is open.

Do I need an account to use this?

No account or login is needed. Every tool on this site runs in your browser and is free to use. Nothing you select is stored on a server, and no order can be placed from here — Sahi is an analysis terminal, not a trading or execution platform.

AMBER on the live tools

This article is the read. These pages are the terminal, each opening on AMBER.