Android
Zerodha Broker (Free Delivery)

India's No. 1 Broker with Best Software Trade @ Flat Rs 20

Open Instant Account
market update arrow Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%arrow Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%arrow Not viable: Alphabet closing Loon, a balloon alternative to cell towersarrow Latest News LIVE: New Congress president to be elected by June, says partyarrow Covaxin Phase 1 results show tolerable safety, enhanced immunity: Lancetarrow Doctors, health workers' approval sends 'strong message' about vaccine: PMarrow Coronavirus LIVE: Over a million vaccinated against Covid-19 in Indiaarrow Shift from supply-side fillip to demand boost in Budget: Amit Mitra to FMarrow Nifty Metal index slips 4%; SAIL, Jindal Steel tumble up to 14%arrow Elon Musk says he will give $100 million for carbon capture prizearrow Adani Total Gas, Torrent Gas invest in IGX, acquire 5% stake eacharrow Bandhan Bank sinks 11% in 2 days on disappointing December quarter resultsarrow CBI books Cambridge Analytica, Global Science over illegal data harvestingarrow Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021arrow Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021arrow Cyient soars 15% on expectation of margin improvement in March quarterarrow DATA STORY: Covid vaccination in India tops 1 mn; 0.075% of population inoculatedarrow Auto stocks in top gear; Bajaj Auto surges 9% on strong performance in Q3arrow Chris Wood bullish on Indian equities despite runaway rally since March lowarrow Chris Wood bullish on Indian equities despite runaway rally since March lowarrow JK Tyre zooms 51% in 4 days, hits fresh 52-week high on robust Q3 resultsarrow Budget Byte: Expenditure on urban projects needs to reach pre-Covid levelsarrow Kunal Shah backs OnePlus co-founder Carl Pei's consumer electronics companyarrow Economy getting over pandemic, growth headed for 'glorious summer': RBI

Option Chain (Equity Derivatives)

Add to watchlist Futures ContractsChart View
-3.70 (-1.39%)
CALLS PUTS
BUILTUP OI CHNG IN OI VOL IV LTP NET CHNG STRIKE PRICE NET CHNG LTP IV VOL CHNG IN OI OI BUILTUP
Total 0 0 0 0

NSE Option Chain:

NSE option 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 NSE Option Chain table?

The option chain 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.

Also, Check:

Nifty Open Interest Live Chart: Nifty Option Chain

Nifty Change in Open Interest Live: Nifty Option Chain

Nifty Put Call Ratio | Nifty Option Chain

Bank Nifty Open Interest Live Chart: Bank Nifty Option Chain

Bank Nifty Change in Open Interest: Bank Nifty Option Chain | Nifty Trader

Bank Nifty PCR Live Chart | Bank Nifty Option Chain