Stock Options Chain: Options Trading

SBIN   242.40
Closing Data On: 2018-04-23
CALLS   PUTS
OI Chng in OI Vol IV LTP Net Chng Bid Price Ask Price Strike Price Ask Price Bid Price Net Chng LTP IV Vol Chng in OI OI
0 0 0 0.00 0.00 0.00 0.00 0.00 170.00 0.10 0.00 0.00 0.00 0.00 0 0 0
0 0 0 0.00 0.00 0.00 0.00 0.00 180.00 0.10 0.00 0.00 1.70 0.00 0 0 3,000
0 0 0 0.00 0.00 0.00 50.90 53.90 190.00 0.10 0.00 0.00 0.05 0.00 0 0 60,000
0 0 0 0.00 0.00 0.00 45.95 48.80 195.00 0.10 0.00 0.00 0.00 0.00 0 0 0
36,000 0 0 0.00 40.40 0.00 40.95 43.70 200.00 0.10 0.05 0.00 0.10 97.60 36 -6,000 444,000
0 0 0 0.00 0.00 0.00 36.35 38.95 205.00 2.25 0.05 -0.15 0.05 78.96 5 -15,000 93,000
0 0 0 0.00 0.00 0.00 31.00 33.80 210.00 0.10 0.05 0.00 0.05 68.89 9 -9,000 375,000
0 0 0 0.00 0.00 0.00 26.40 28.85 215.00 1.90 0.00 -0.05 0.05 58.92 4 -3,000 276,000
36,000 0 1 0.00 22.45 -5.05 21.10 23.75 220.00 0.10 0.05 -0.05 0.10 54.30 77 -54,000 1,290,000
0 0 0 0.00 0.00 0.00 16.10 18.75 225.00 0.15 0.10 -0.15 0.10 43.56 324 -150,000 987,000
81,000 -21,000 33 30.04 12.65 0.45 12.55 12.95 230.00 0.30 0.25 -0.20 0.25 39.36 1,212 -264,000 2,202,000
114,000 9,000 9 36.50 8.30 0.45 8.10 8.50 235.00 0.70 0.65 -0.45 0.70 36.37 1,058 -54,000 1,563,000
1,428,000 -87,000 1,801 31.03 4.30 -0.20 4.15 4.30 240.00 1.75 1.70 -0.85 1.70 32.83 2,988 426,000 3,597,000
1,815,000 303,000 3,879 34.03 1.95 -0.35 1.90 2.00 245.00 4.25 4.00 -1.00 4.15 31.65 823 -3,000 1,179,000
5,787,000 -228,000 7,385 37.25 0.90 -0.30 0.85 0.90 250.00 8.25 8.00 -1.05 7.90 36.50 479 -189,000 2,262,000
2,529,000 -339,000 1,714 42.71 0.45 -0.20 0.40 0.50 255.00 12.95 12.30 -1.35 11.60 0.00 20 -36,000 489,000
6,942,000 -78,000 3,252 47.66 0.25 -0.20 0.25 0.30 260.00 17.55 17.20 -0.90 17.25 0.00 60 -51,000 1,203,000
1,443,000 -186,000 383 55.32 0.20 -0.15 0.15 0.25 265.00 22.70 21.90 -3.50 21.50 0.00 11 -15,000 138,000
4,674,000 -240,000 572 61.51 0.20 -0.10 0.15 0.20 270.00 28.00 27.10 -1.60 27.75 72.76 19 -36,000 447,000
1,011,000 -51,000 88 70.12 0.15 -0.05 0.10 0.15 275.00 33.80 30.90 0.00 14.00 0.00 0 0 3,000
2,499,000 -69,000 136 78.40 0.15 -0.05 0.10 0.15 280.00 37.80 37.05 -3.20 36.00 0.00 11 -27,000 243,000
600,000 0 16 81.46 0.10 -0.10 0.10 0.15 285.00 43.40 40.70 0.00 24.40 0.00 0 0 3,000
1,584,000 -123,000 182 94.15 0.15 -0.05 0.10 0.15 290.00 47.55 45.70 -1.30 46.65 0.00 5 -12,000 228,000
447,000 0 43 96.09 0.10 -0.05 0.05 0.10 295.00 53.45 50.90 0.00 48.00 0.00 0 0 3,000
3,711,000 -57,000 192 103.10 0.10 -0.05 0.05 0.10 300.00 57.75 56.75 -1.70 56.80 0.00 11 -33,000 495,000
15,000 0 3 101.03 0.05 -0.10 0.00 0.10 305.00 63.15 61.00 0.00 43.15 0.00 0 0 48,000
480,000 -18,000 77 116.58 0.10 0.00 0.05 0.10 310.00 68.45 65.80 5.55 66.75 0.00 1 -3,000 75,000
0 0 0 0.00 0.00 0.00 0.00 0.10 315.00 73.60 70.90 0.00 0.00 0.00 0 0 0
207,000 -9,000 7 119.32 0.05 0.00 0.00 0.05 320.00 78.35 75.85 0.00 70.00 0.00 0 0 114,000
159,000 -6,000 13 130.85 0.05 -0.05 0.00 0.10 330.00 88.35 85.80 0.00 82.00 0.00 0 0 96,000
135,000 0 0 0.00 0.10 0.00 0.00 0.10 340.00 98.10 95.80 0.45 87.90 0.00 0 0 105,000
60,000 -6,000 6 152.53 0.05 -0.05 0.00 0.05 350.00 107.80 105.85 0.00 98.00 0.00 0 0 57,000
6,000 0 0 0.00 0.05 0.00 0.00 0.15 360.00 118.30 115.85 0.00 106.10 0.00 0 0 15,000

Stock Options Chain:

Stock options chain displays “Open Interest”, “Change in OI”, “Volume”, “Implied Volatility (IV)”, for all strike price for a particular underlying stock. The tool also provides the functionality to see the trend of how these values have changed over the month.

How to use “Stock Options” table?:

Stock options table can be very useful for traders in many different ways, few of those are:

  • Identifying Support and resistance for stocks for the month
  • Identify support and resistance for intraday perspective
  • Identify market expectation of volatility using IV(Implied Volatility)

For “Options Trading”, this is extremely useful as it shows where the rest of the market participants are seeing support and resistance. The “Option Writer” and “Option Buyer” both can use this table to improve their odds in trading.

To explain it with a very rudimentary example: if SBI has highest Open Interest at 150PE and highest addition in 150PE as well, this will imply that the market participants are expecting 150 to be a good support level for SBI.

With practice and experience, traders can develop a good gut feeling for identifying support and resistance using the table. Some traders also use IV and Volume to make sense of these numbers, however for a beginner OI and Change_in_OI are sufficient.

 

{ 8 Responses }

  1. Its really useful for active traders who trade on options, but trading in Options is like swimming in Ocean. we need to more proficient with Options trading strategies.

    Thanks

    • I am a novice to this platform….
      How can I trade?
      Is there any minimum requirement…..?
      pls reply!

  2. Hi,
    can anyone help me to analyse
    1) use of volaltility i.e high or low
    2) increase in price of premium with increase in OI. ( does this mean buying pressure).

    Thanks in advance.

  3. Sir we buy ITC 280 SEPT Cal @ 1
    ITC share today bull trend but call options rate is not increase probably

  4. It’s a great site with lot of information…. but plse change the location of (facebook ,whatsapp, twitter ) so one can view figures easily..

  5. Hi,, I dont see lot size mentioned in the table. this is really a handicap.