Advanced Option Chain Analysis (BANKNIFTY)

Remove annoying ads with premium @ ₹89 ₹149 per month

Remove Ads

Green means highest oi / volume, Yellow means second highest oi / volume and Blue means third highest oi / volume.

CALLS								PUTS
#	OI	OI Change	Volume	IV	LTP	Price Chn.	Strike	#	OI	OI Change	Volume	IV	LTP	Price Chn.
	5,287	-11	172	50.06	9790.00	301.00	50,000		4,768	228	3,866	37.52	5.00	0.15
	11	0	0	0	9870.00	0.00	50,500		421	-51	347	36.17	5.75	0.05
	676	-24	25	42.65	8778.80	36.80	51,000		1,000	45	1,816	33.96	5.30	-0.10
	18	0	0	0	7750.00	0.00	51,500		143	36	298	32.58	6.10	0.20
	766	0	2	0	7750.00	50.00	52,000		3,775	-82	5,650	30.48	5.75	-0.80
	39	0	0	0	6500.00	0.00	52,500		498	129	1,396	29.73	8.00	1.15
	0	0	0	0	0.00	0.00	52,600		143	12	118	29.58	8.55	1.55
	0	0	0	0	0.00	0.00	52,700		20	-2	15	29.77	10.00	2.95
	0	0	0	0	0.00	0.00	52,800		111	15	100	28.40	7.60	-0.15
	0	0	0	0	0.00	0.00	52,900		274	-6	26	27.69	6.90	-0.40
	1,017	-1	7	0	6740.00	255.00	53,000		4,115	333	1,957	28.23	9.05	0.45
	0	0	0	0	0.00	0.00	53,100		88	-25	77	28.10	9.75	1.35
	0	0	0	0	0.00	0.00	53,200		45	1	20	27.80	10.00	1.75
	0	0	0	0	0.00	0.00	53,300		37	8	12	28.17	12.35	3.50
	0	0	0	0	0.00	0.00	53,400		39	10	22	27.35	11.00	2.55
	23	0	0	0	6136.45	0.00	53,500		926	12	1,197	26.74	10.35	1.30
	1	0	0	0	5300.00	0.00	53,600		25	2	199	27.01	12.50	3.70
	17	0	0	0	6100.00	0.00	53,700		101	72	113	27.23	14.80	5.50
	3	0	0	0	5970.00	0.00	53,800		44	11	41	25.14	9.15	-0.35
	0	0	0	0	0.00	0.00	53,900		35	0	29	26.38	14.65	3.95
	1,572	7	9	0	5750.00	202.00	54,000		4,403	203	4,096	25.16	11.65	1.55
	1	0	0	0	5740.00	0.00	54,100		269	-7	32	24.30	10.15	0.00
	0	0	0	0	0.00	0.00	54,200		173	17	126	24.46	12.00	1.45
	0	0	0	0	0.00	0.00	54,300		144	2	81	24.32	13.00	2.00
	142	0	0	0	5379.15	0.00	54,400		447	-17	36	23.29	10.70	-0.05
	287	-1	1	0	5242.95	57.95	54,500		3,440	902	3,688	23.65	13.55	2.10
	1	0	0	0	4855.00	0.00	54,600		285	1	76	24.44	19.05	7.80
	1	0	0	0	5057.70	0.00	54,700		205	-4	61	23.36	15.80	4.20
	0	0	0	0	0.00	0.00	54,800		150	2	144	21.96	11.65	-0.35
	1	0	0	0	4900.00	0.00	54,900		421	0	241	22.98	18.00	5.10
	1,790	-8	34	21.7	4774.55	45.65	55,000		10,481	-79	10,150	21.95	15.00	1.45
	2	0	0	0	4700.00	0.00	55,100		190	-122	257	21.77	16.15	2.80
	3	0	1	27.77	4631.20	568.65	55,200		668	-120	461	21.75	18.20	3.70
	1	0	0	0	4500.00	0.00	55,300		505	-156	954	21.28	17.90	3.30
	11	0	0	0	4600.00	0.00	55,400		497	1	64	21.27	20.25	5.10
	598	-1	7	23.2	4300.00	150.00	55,500		5,621	292	6,801	20.41	17.75	2.20
	10	0	0	0	3830.70	0.00	55,600		590	37	195	20.23	19.15	2.65
	0	0	0	0	0.00	0.00	55,700		549	34	249	20.05	20.65	4.35
	16	0	0	0	3595.00	0.00	55,800		784	67	738	19.57	20.35	3.55
	2	0	0	0	3900.00	0.00	55,900		625	-90	719	19.04	19.70	1.45
	3,213	-25	72	16.97	3774.80	28.20	56,000		13,287	-112	14,098	18.56	19.35	0.80
	0	0	0	0	0.00	0.00	56,100		395	-41	872	18.59	22.50	2.65
	9	0	0	0	3225.40	0.00	56,200		723	22	805	18.46	24.75	4.10
	4	0	0	0	2950.00	0.00	56,300		598	156	667	18.04	24.95	3.70
	7	0	1	18.17	3395.00	-167.75	56,400		666	25	858	17.68	25.55	2.95
	742	0	5	0	3210.00	100.00	56,500		8,234	106	13,106	17.17	25.05	1.90
	2	0	0	0	3300.00	0.00	56,600		454	-107	935	17.28	29.95	5.30
	1	0	0	0	2750.35	0.00	56,700		562	-314	1,461	16.73	29.05	2.20
	1	0	0	0	2700.00	0.00	56,800		2,610	1,030	3,914	16.54	31.65	3.65
	16	0	0	0	2888.35	0.00	56,900		1,199	275	1,833	16.39	34.80	5.10
	1,911	-24	179	14.59	2789.30	-2.15	57,000		17,661	500	21,551	15.93	35.00	3.15
	5	0	0	0	2478.55	0.00	57,100		1,091	192	2,319	15.54	35.90	2.30
	10	0	0	0	2686.70	0.00	57,200		1,511	-53	4,068	15.40	39.85	3.65
	35	0	0	0	2440.00	0.00	57,300		1,052	-163	2,751	15.13	42.60	3.80
	10	0	0	0	2720.00	0.00	57,400		1,355	-171	3,252	14.72	43.65	1.15
	909	-16	45	14.44	2315.50	11.05	57,500		15,617	-953	28,789	14.44	46.55	-0.15
	150	0	0	0	1906.75	0.00	57,600		1,770	-291	7,122	14.27	51.60	0.30
	16	0	0	0	2083.50	0.00	57,700		3,010	450	6,190	14.04	55.95	0.05
	17	0	0	0	2037.60	3.80	57,800		2,752	-15	3,780	13.87	62.05	0.60
	44	2	12	16.19	1991.60	91.60	57,900		2,786	475	4,425	13.69	68.35	-0.10
	2,841	-14	1,102	12.11	1820.60	-8.85	58,000		23,715	-1,894	38,502	13.34	72.25	-3.55
	128	-3	13	15.2	1797.80	64.35	58,100		4,878	-198	8,797	13.23	81.40	-3.40
	147	-10	10	14.75	1702.30	70.00	58,200		2,860	-111	10,052	13.09	91.00	-3.00
	126	-10	12	12.82	1569.85	29.15	58,300		2,438	14	8,975	12.93	101.05	-3.85
	274	-6	24	12.73	1483.05	22.10	58,400		2,823	21	9,904	12.80	113.00	-4.55
	2,566	-21	2,544	12.42	1391.85	17.85	58,500		21,341	1,685	48,762	12.61	124.80	-6.50
	620	-19	354	12.44	1310.75	10.30	58,600		3,174	326	12,311	12.46	138.90	-9.00
	664	-16	600	12.41	1230.30	16.75	58,700		3,949	385	17,868	12.33	155.20	-10.45
	915	-62	1,035	12.22	1146.85	11.80	58,800		4,925	151	16,473	12.18	172.45	-12.85
	1,182	-101	945	12.16	1069.50	6.05	58,900		5,284	-366	19,843	12.05	192.10	-14.50
	10,256	-876	20,755	11.77	982.50	-3.70	59,000		32,807	-789	104,315	12.00	216.90	-13.70
	1,433	-56	4,747	11.75	910.70	2.40	59,100		9,740	4,258	32,754	11.82	239.40	-17.85
	2,516	-5	8,024	11.62	837.35	-5.95	59,200		7,017	-936	31,072	11.77	268.60	-16.30
	2,756	38	25,964	11.54	768.60	-6.85	59,300		9,327	258	50,748	11.65	298.00	-18.80
	3,895	54	43,877	11.46	702.40	-10.15	59,400		7,275	187	65,773	11.57	332.00	-18.60
	52,777	-1,129	163,012	11.39	639.85	-6.30	59,500		63,894	1,086	216,982	11.48	368.00	-19.60
	7,707	-220	117,436	11.41	583.90	-5.65	59,600		7,475	344	139,045	11.45	409.90	-20.60
	9,578	239	103,980	11.35	528.00	-4.65	59,700		9,051	1,885	104,347	11.40	453.90	-22.55
	9,261	236	95,502	11.34	477.20	-4.90	59,800		9,026	2,909	67,159	11.39	503.05	-20.20
	6,766	-475	53,719	11.28	427.65	-5.70	59,900		4,098	1,289	25,965	11.28	550.65	-23.50
	49,467	-3,557	149,834	11.24	382.05	-7.55	60,000		27,014	986	65,229	11.34	609.20	-18.40
	11,278	4,056	40,485	11.17	338.30	-8.85	60,100		2,156	286	10,191	11.17	660.85	-24.00
	8,608	-713	31,747	11.23	303.60	-6.00	60,200		2,436	-52	5,319	11.28	727.75	-21.85
	9,313	-180	23,646	11.18	267.25	-7.80	60,300		1,423	-195	2,637	11.26	792.30	-21.75
	5,068	-112	19,282	11.22	237.00	-6.00	60,400		1,509	-35	2,138	11.28	860.90	-19.80
	21,169	332	59,977	11.24	209.35	-3.30	60,500		5,318	-454	8,210	11.20	928.95	-25.30
	3,158	-163	19,693	11.29	184.95	-5.25	60,600		1,786	-42	580	11.22	1003.65	-19.25
	10,104	5,338	28,292	11.35	163.45	-0.05	60,700		926	-72	407	11.41	1085.95	-21.85
	4,297	-772	17,446	11.35	142.10	-2.30	60,800		620	-46	208	11.14	1155.90	-31.60
	3,717	313	13,322	11.41	124.80	-1.10	60,900		1,071	-117	862	11.43	1245.50	-24.20
	26,666	547	57,645	11.49	109.90	-0.95	61,000		4,290	-22	1,791	11.32	1324.95	-28.65
	3,085	500	11,441	11.51	95.15	-1.15	61,100		220	-1	10	12.49	1440.15	7.15
	4,143	281	11,134	11.56	82.85	-2.95	61,200		201	-3	12	11.74	1506.00	-31.60
	3,120	205	8,314	11.64	72.55	-1.80	61,300		203	-4	37	11.05	1579.00	-41.20
	2,972	261	7,432	11.8	64.95	-0.50	61,400		75	0	0	0.00	1870.65	0.00
	16,383	142	35,468	11.86	56.50	-1.55	61,500		766	50	334	11.14	1762.10	-21.25
	2,243	-197	9,316	11.95	49.40	-1.75	61,600		50	0	0	0.00	2054.30	0.00
	2,230	-343	5,300	12.18	45.40	-0.20	61,700		35	0	7	16.62	2055.05	87.05
	2,148	-238	5,392	12.27	39.80	-1.40	61,800		56	0	0	0.00	2096.75	0.00
	1,744	122	3,874	12.42	35.60	-2.20	61,900		48	0	0	0.00	2210.85	0.00
	25,051	648	30,686	12.7	33.50	-1.15	62,000		2,979	-23	337	12.81	2251.35	-11.00
	1,584	-15	2,864	12.8	29.55	-1.80	62,100		0	0	2	0.00	2280.90	133.80
	937	-122	3,012	13.08	27.90	0.10	62,200		2	0	0	0.00	1900.00	0.00
	1,041	-224	2,316	13.11	24.00	-2.10	62,300		1	0	0	0.00	3049.70	0.00
	1,301	-151	3,029	13.38	22.65	-1.75	62,400		0	0	0	0.00	0.00	0.00
	14,369	397	21,652	13.51	20.35	-1.90	62,500		420	117	135	9.21	2715.90	-36.80
	928	-139	2,194	13.77	19.25	-2.05	62,600		0	0	0	0.00	0.00	0.00
	874	-88	1,680	13.73	16.05	-4.20	62,700		2	0	0	0.00	2542.05	0.00
	2,227	1,381	3,785	14.11	16.05	-3.15	62,800		0	0	0	0.00	0.00	0.00
	703	71	915	14.45	15.80	-2.15	62,900		0	0	0	0.00	0.00	0.00
	27,684	3,039	28,917	14.63	14.55	-2.95	63,000		1,744	-1	26	0.00	3207.45	-92.55
	751	-71	974	14.99	14.45	-1.75	63,100		15	0	0	0.00	3048.85	0.00
	840	75	952	15	12.45	-3.30	63,200		0	0	0	0.00	0.00	0.00
	283	-34	1,013	15.48	13.10	-2.10	63,300		0	0	0	0.00	0.00	0.00
	434	-48	667	15.65	12.10	-2.25	63,400		0	0	0	0.00	0.00	0.00
	11,736	1,161	14,185	15.92	11.65	-2.45	63,500		62	0	0	0.00	3600.00	0.00
	319	-23	567	16.26	11.60	-1.80	63,600		0	0	0	0.00	0.00	0.00
	183	12	219	16.39	10.60	-2.20	63,700		0	0	0	0.00	0.00	0.00
	366	-22	393	16.3	8.80	-3.75	63,800		0	0	0	0.00	0.00	0.00
	201	-35	357	17.28	11.50	0.05	63,900		0	0	0	0.00	0.00	0.00
	7,554	228	9,408	17.1	9.30	-2.40	64,000		413	0	4	0.00	4201.20	-37.75
	342	-6	251	17.66	10.20	-0.85	64,100		0	0	0	0.00	0.00	0.00
	160	-9	178	17.44	8.10	-2.30	64,200		1	0	0	0.00	3800.00	0.00
	219	7	291	17.86	8.40	-2.20	64,300		0	0	0	0.00	0.00	0.00
	181	20	215	18.01	7.80	-2.25	64,400		0	0	0	0.00	0.00	0.00
	2,802	261	4,770	18.38	7.95	-1.60	64,500		19	0	0	0.00	4210.70	0.00
	107	10	68	18.46	7.20	-1.95	64,600		1	0	0	0.00	4490.00	0.00
	212	-15	127	19.04	8.00	-1.05	64,700		0	0	0	0.00	0.00	0.00
	135	-1	21	19.36	8.00	-0.95	64,800		0	0	0	0.00	0.00	0.00
	153	11	150	19.35	7.00	-0.90	64,900		0	0	0	0.00	0.00	0.00
	13,550	-881	11,404	19.46	6.45	-0.95	65,000		2,183	-163	273	0.00	5202.85	-46.90
	0	0	0	0	0.00	0.00	65,100		0	0	0	0.00	0.00	0.00
	53	34	190	20.89	8.80	1.05	65,200		0	0	0	0.00	0.00	0.00
	1,125	-1,011	4,194	20.5	5.25	-1.00	65,500		47	0	0	0.00	5333.00	0.00
	4,899	-197	6,657	21.69	4.65	-0.30	66,000		50	0	0	0.00	6324.95	0.00
	1,655	-217	1,712	22.85	4.15	-0.75	66,500		0	0	0	0.00	0.00	0.00
	2,810	-105	1,879	24.17	4.00	-0.75	67,000		519	-10	43	29.53	7220.00	19.30
	10,488	2,398	22,895	25.42	3.80	-0.80	67,500		99	-2	2	0.00	7628.15	-71.85

What is Option Chain?

An option chain is a listing of all the available options contracts for a particular underlying asset, such as a stock, commodity, or currency. It typically includes the expiration date, strike price, and the bid and ask price for each option contract.

An option chain can be used to find the right options contract to trade. For example, a trader can use an option chain to find options contracts with expiration dates and strike prices that align with their investment goals and risk tolerance. They can also use the bid and ask prices to determine the price at which they can buy or sell an options contract.

What is Future & Options?

In futures trading, a buyer and seller agree to trade an underlying asset at a certain price on a future date. The buyer is obligated to purchase the asset, while the seller is obligated to sell it. This can be used to hedge against price changes in the underlying asset, or to speculate on future price movements. Options trading is similar, but it gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a certain price on or before a certain date. The buyer of an option pays a premium for this right. There are two main types of options: calls, which give the buyer the right to buy an underlying asset, and puts, which give the buyer the right to sell an underlying asset. Options can be used for hedging or speculation, as well as for creating more complex trading strategies.

Options trading is similar, but it gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a certain price on or before a certain date. The buyer of an option pays a premium for this right. There are two main types of options: calls, which give the buyer the right to buy an underlying asset, and puts, which give the buyer the right to sell an underlying asset. Options can be used for hedging or speculation, as well as for creating more complex trading strategies.

What is Open Interest?

Open interest is a measure of the number of outstanding option or futures contracts that have not been settled or closed. It represents the number of contracts that have been initiated, but not yet liquidated by an offsetting transaction or fulfilled by delivery.

Open Interest is a commonly used metric in options and futures trading, it can be found on most trading platforms, and it can provide valuable information for traders to analyze the market sentiment and liquidity of the underlying assets.

What is Change in Open Interest (OI)?

Change in OI means how many new contracts added or removed to current trading session as compared to last day trading session closing.

What are Options Greek?

Options Greeks are a set of metrics that are used to measure the sensitivity of an option's price to different factors, such as changes in the price of the underlying asset, changes in volatility, and changes in the time remaining until the option's expiration date. The main options Greeks are:

Delta: Measures the change in the option's price in relation to a change in the price of the underlying asset. A delta of 0.5, for example, means that if the underlying asset's price increases by $1, the option's price will increase by $0.50.

Gamma: Measures the change in delta in relation to a change in the price of the underlying asset. A high gamma means that delta is changing rapidly as the underlying asset's price changes, which can indicate a high level of risk.

Theta: Measures the change in the option's price in relation to the time remaining until the option's expiration date. A theta of -0.05, for example, means that if the option has one year until expiration, its value will decrease by $0.05.

Vega: Measures the change in the option's price in relation to a change in volatility. A vega of 0.10, for example, means that if volatility increases by 1%, the option's price will increase by $0.10.

Rho: Measures the change in the option's price in relation to the change in the interest rate. A high Rho means that the option's price is more sensitive to interest rate changes.

Options Greeks are important tools that traders can use to assess the risk and potential rewards of different options trades, and to make more informed decisions about how to manage their positions. It is important to note that these metrics are based on mathematical models and assumptions, which can be affected by market conditions and other factors.

What is Implied Volatility(IV)?

Implied volatility (IV) is a metric that is used to estimate the level of volatility that is implied by the current price of an option. It is derived mathematically from the option's price, strike price, expiration date, and other factors, using a model such as the Black-Scholes model.

Implied volatility is useful because it provides a measure of the market's expectation of how much the price of the underlying asset will fluctuate in the future. A high implied volatility suggests that the market expects the underlying asset's price to be more volatile, while a low implied volatility suggests that the market expects the underlying asset's price to be less volatile.