Advanced Option Chain Analysis (BANKNIFTY)

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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.
	1	0	0	0	0.00	0.00	43,000		2,966	67	2,014	38.92	6.40	-0.65
	0	0	0	0	0.00	0.00	43,500		678	5	597	37.28	6.45	-0.90
	43	0	0	70.13	0.00	0.00	44,000		3,000	113	812	35.99	7.10	-0.95
	0	0	0	0	0.00	0.00	44,500		229	8	94	34.67	7.75	-0.80
	0	0	0	0	0.00	0.00	45,000		3,518	54	2,415	33.17	8.10	-0.80
	0	0	0	0	0.00	0.00	45,300		100	71	183	32.46	8.75	-0.70
	0	0	0	0	0.00	0.00	45,400		161	-6	86	33.51	12.40	1.05
	0	0	0	0	0.00	0.00	45,500		152	46	139	32.49	10.50	-0.55
	0	0	0	0	0.00	0.00	45,600		27	2	5	33.08	13.20	1.20
	0	0	0	0	0.00	0.00	45,700		16	1	12	33.23	14.85	3.20
	0	0	0	0	0.00	0.00	45,800		69	9	50	32.00	12.00	-0.65
	0	0	0	0	0.00	0.00	45,900		43	0	6	31.82	12.50	0.15
	842	0	2	0	8721.80	-358.95	46,000		1,748	8	1,021	31.16	11.55	-1.00
	0	0	0	0	0.00	0.00	46,100		47	4	14	32.35	16.80	0.75
	0	0	0	0	0.00	0.00	46,200		40	0	0	31.74	0.00	0.00
	0	0	0	0	0.00	0.00	46,300		35	-6	13	30.73	13.45	-4.25
	0	0	0	0	0.00	0.00	46,400		38	1	20	30.95	15.45	1.60
	108	0	0	53.23	0.00	0.00	46,500		607	124	1,075	30.34	14.50	-1.30
	0	0	0	0	0.00	0.00	46,600		64	23	85	30.14	15.05	-1.15
	0	0	0	0	0.00	0.00	46,700		8	8	9	30.85	19.45	19.30
	0	0	0	0	0.00	0.00	46,800		5	5	6	30.76	20.65	20.45
	0	0	0	0	0.00	0.00	46,900		11	11	15	29.15	15.25	15.05
	71	0	0	0	0.00	0.00	47,000		2,650	700	5,998	29.53	18.30	-1.30
	0	0	0	0	0.00	0.00	47,100		80	3	347	29.63	20.40	-0.10
	0	0	0	0	0.00	0.00	47,200		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	47,300		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	47,400		0	0	0	0.00	0.00	0.00
	14	0	0	44.81	0.00	0.00	47,500		2,209	910	5,098	28.42	21.55	-3.00
	0	0	0	0	0.00	0.00	47,600		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	47,700		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	47,800		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	47,900		0	0	0	0.00	0.00	0.00
	314	-2	8	0	6742.20	-631.10	48,000		6,667	783	9,519	27.86	29.00	-2.00
	0	0	0	0	0.00	0.00	48,100		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	48,200		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	48,300		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	48,400		0	0	0	0.00	0.00	0.00
	13	0	0	25.01	0.00	0.00	48,500		3,184	219	5,649	27.07	37.00	-2.15
	0	0	0	0	0.00	0.00	48,600		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	48,700		63	62	417	26.65	39.90	9.95
	0	0	0	0	0.00	0.00	48,800		0	0	0	0.00	0.00	0.00
	7	0	0	0	0.00	0.00	48,900		0	0	0	0.00	0.00	0.00
	87	-1	4	35.12	6009.00	0.00	49,000		10,425	2,319	17,959	26.31	47.50	-2.95
	7	0	0	0	0.00	0.00	49,100		167	12	523	26.34	51.90	-0.80
	0	0	0	0	0.00	0.00	49,200		537	259	573	25.96	52.05	-3.85
	0	0	0	0	0.00	0.00	49,300		0	0	0	0.00	0.00	0.00
	2	0	0	0	0.00	0.00	49,400		0	0	0	0.00	0.00	0.00
	101	3	4	33.56	5530.00	150.00	49,500		5,110	547	7,107	25.66	62.60	-2.45
	4	0	0	0	0.00	0.00	49,600		104	104	257	25.46	65.20	62.50
	0	0	0	0	0.00	0.00	49,700		190	92	678	25.43	70.15	-3.40
	3	0	0	0	0.00	0.00	49,800		601	84	735	25.27	73.75	-3.25
	0	0	0	0	0.00	0.00	49,900		370	87	996	25.32	80.50	-0.30
	1,928	2	124	23.65	4896.90	-292.40	50,000		27,708	3,737	31,560	25.07	83.05	-2.10
	0	0	0	0	0.00	0.00	50,100		240	109	936	25.06	89.65	0.00
	59	0	14	0	4547.30	-583.85	50,200		322	134	647	24.98	95.40	-1.35
	1	0	1	0	4200.00	-1028.40	50,300		272	15	739	24.75	99.00	-2.25
	4	0	0	0	0.00	0.00	50,400		109	32	453	24.72	106.15	0.15
	40	-1	2	0	4315.00	-485.00	50,500		4,918	959	7,729	24.48	110.00	0.10
	24	0	0	0	0.00	0.00	50,600		882	-80	1,130	24.52	119.35	2.15
	11	0	0	0	0.00	0.00	50,700		215	64	735	24.34	124.80	-2.00
	11	0	0	34.73	0.00	0.00	50,800		874	-247	1,591	24.25	132.40	2.30
	10	0	0	0	0.00	0.00	50,900		455	98	635	24.27	143.00	3.55
	970	15	121	20.37	3916.00	-303.60	51,000		11,657	1,383	28,517	24.07	149.00	3.15
	14	1	2	30.85	4090.00	-1053.80	51,100		538	188	1,160	24.04	159.45	8.00
	18	0	0	0	0.00	0.00	51,200		757	138	1,784	23.94	168.70	8.10
	13	-2	4	25.11	3753.00	-252.00	51,300		567	119	899	23.73	175.55	5.20
	14	0	0	0	0.00	0.00	51,400		491	170	1,244	23.70	187.70	10.35
	233	1	18	20.79	3470.85	-354.15	51,500		4,886	646	12,047	23.51	195.85	8.60
	12	0	0	0	0.00	0.00	51,600		840	335	1,583	23.41	207.30	9.90
	20	0	0	23.9	0.00	0.00	51,700		701	305	1,210	23.41	221.75	12.25
	28	0	1	19.49	3175.30	-2827.55	51,800		942	167	1,746	23.28	233.50	17.50
	17	0	0	14.84	0.00	0.00	51,900		627	193	1,975	23.14	245.35	13.80
	2,404	238	615	21.26	3050.00	-339.25	52,000		16,055	2,617	34,473	22.97	256.80	13.80
	20	0	0	20.09	0.00	0.00	52,100		836	102	2,613	22.89	271.70	13.80
	18	0	1	17.23	2769.00	-622.85	52,200		964	138	2,084	22.92	291.15	19.10
	29	0	1	21.22	2800.00	-1748.75	52,300		703	148	2,102	22.72	303.75	19.90
	32	0	0	0	0.00	0.00	52,400		685	62	2,121	22.70	323.00	25.20
	347	91	214	20.99	2631.25	-320.50	52,500		5,918	515	12,934	22.43	334.45	20.20
	40	-1	3	22.3	2600.00	-50.00	52,600		759	154	2,766	22.48	358.00	29.55
	43	0	1	25.47	2650.00	-61.60	52,700		643	34	6,639	22.23	371.25	24.60
	89	1	3	25.08	2561.05	72.85	52,800		703	-7	3,647	22.19	393.35	30.40
	18	1	2	25.91	2525.00	-190.10	52,900		793	135	2,149	22.12	415.50	33.75
	3,185	-281	2,335	20.04	2208.10	-338.80	53,000		12,323	1,503	33,251	21.97	435.00	29.90
	31	0	0	25.62	0.00	0.00	53,100		721	-72	2,887	22.01	463.85	46.20
	21	0	0	19.46	0.00	0.00	53,200		616	36	2,530	21.75	480.75	40.20
	116	16	38	20.75	2018.90	-353.95	53,300		803	19	2,505	21.83	513.20	46.35
	35	3	7	23.88	2090.55	-92.60	53,400		808	251	4,140	21.60	533.55	47.40
	686	176	909	19.65	1830.45	-339.55	53,500		7,516	253	18,697	21.48	559.55	51.55
	27	1	8	19.73	1765.60	-377.75	53,600		781	261	5,878	21.46	591.00	47.55
	157	24	43	19.62	1693.85	-331.90	53,700		1,005	41	4,111	21.35	619.60	52.80
	129	12	74	20.65	1677.20	-318.25	53,800		854	111	8,251	21.12	643.75	54.45
	94	13	93	20.37	1600.05	-278.90	53,900		894	231	5,325	21.34	691.10	66.45
	5,528	1,111	11,953	19.72	1506.00	-296.50	54,000		15,770	1,486	61,120	21.06	715.20	63.85
	262	106	871	20.02	1460.20	-225.65	54,100		1,094	246	6,931	21.01	751.75	76.50
	485	313	4,645	19.48	1373.50	-277.50	54,200		1,724	759	15,713	20.90	787.05	75.40
	595	378	9,849	19.89	1335.80	-261.30	54,300		1,457	484	20,858	20.86	826.50	78.25
	1,163	683	18,632	19.36	1252.15	-290.45	54,400		1,834	647	33,253	20.79	866.30	92.45
	5,627	2,501	50,969	19.42	1200.00	-282.75	54,500		9,346	813	77,888	20.81	912.00	92.55
	2,248	1,298	30,211	19.33	1142.00	-273.55	54,600		2,264	865	45,092	20.71	953.35	99.70
	2,906	1,965	30,801	19.33	1089.95	-258.80	54,700		2,321	716	41,775	20.55	992.25	87.45
	3,469	2,132	27,099	19.23	1034.15	-257.20	54,800		2,172	336	29,282	20.50	1038.80	95.90
	2,276	393	15,468	19.06	976.15	-261.70	54,900		1,831	-72	16,518	20.42	1085.15	106.15
	18,118	549	86,604	19.18	934.90	-247.65	55,000		19,949	-1,111	58,100	20.58	1145.50	120.65
	1,906	368	11,981	19.06	882.95	-246.05	55,100		1,285	-261	6,886	20.44	1191.55	128.75
	2,314	-365	10,045	19.14	843.05	-230.00	55,200		1,960	-410	4,328	20.16	1231.90	135.25
	2,133	-168	7,806	19.05	795.35	-229.30	55,300		1,531	-1,110	3,583	20.38	1300.05	152.30
	3,085	261	10,614	18.88	745.50	-231.90	55,400		1,340	-584	2,507	20.00	1338.05	129.15
	11,078	261	32,816	18.83	703.70	-224.20	55,500		8,951	-1,665	12,410	19.94	1394.65	138.80
	2,968	-6	10,193	18.89	668.25	-210.25	55,600		1,379	-114	977	20.11	1464.00	149.25
	2,258	-365	10,470	18.88	631.40	-199.35	55,700		1,588	-374	1,958	20.24	1532.80	173.10
	3,253	463	8,723	18.76	590.55	-199.05	55,800		2,431	489	983	20.08	1588.30	158.65
	2,201	73	6,950	18.62	550.15	-199.95	55,900		1,239	-24	226	20.23	1660.50	184.20
	33,955	2,598	58,726	18.66	519.90	-188.35	56,000		25,614	-938	10,385	19.84	1707.90	160.60
	2,592	-88	8,215	18.71	491.45	-174.80	56,100		1,200	-13	79	16.79	1634.35	34.95
	2,547	140	6,942	18.65	459.65	-175.20	56,200		1,711	-61	118	20.03	1853.60	226.35
	2,431	114	4,851	18.59	428.80	-167.90	56,300		1,833	-38	193	19.73	1910.55	201.65
	1,947	356	5,137	18.63	404.40	-160.05	56,400		1,864	-92	299	19.22	1959.55	180.30
	16,426	731	29,265	18.56	375.80	-151.95	56,500		11,972	60	1,145	20.26	2078.65	215.95
	1,582	-115	4,388	18.51	350.00	-149.60	56,600		902	-34	40	22.82	2265.00	345.00
	1,634	12	4,898	18.48	326.15	-141.50	56,700		796	-13	46	19.90	2211.80	247.00
	2,898	20	4,410	18.55	307.10	-129.50	56,800		2,310	-10	23	20.02	2293.20	193.20
	1,258	-52	3,775	18.52	285.60	-123.50	56,900		426	0	0	20.99	0.00	0.00
	25,955	-1,075	57,972	18.53	266.90	-117.85	57,000		12,810	-103	1,209	20.48	2467.00	275.70
	1,671	228	3,227	18.49	247.00	-114.25	57,100		237	0	1	20.59	2550.00	268.25
	1,973	174	3,591	18.6	233.85	-105.40	57,200		328	-1	3	27.22	2900.00	561.45
	2,853	379	5,767	18.53	215.00	-102.00	57,300		442	-6	10	13.56	2500.45	177.95
	1,886	193	3,835	18.55	200.25	-98.90	57,400		305	0	36	21.62	2829.25	459.80
	11,840	1,481	27,619	18.69	190.15	-87.75	57,500		4,638	-46	133	20.59	2874.90	308.25
	1,643	673	5,224	18.66	175.65	-83.60	57,600		873	-167	458	19.23	2915.20	219.85
	2,157	570	3,451	18.67	163.00	-80.30	57,700		199	-13	29	21.73	3080.00	57.00
	2,824	1,206	6,033	18.74	152.95	-73.15	57,800		247	-3	16	21.28	3149.45	449.45
	2,291	549	3,016	18.81	143.45	-67.10	57,900		105	0	0	18.24	0.00	0.00
	31,693	2,596	48,955	18.78	132.00	-64.75	58,000		8,923	-83	467	19.51	3271.00	284.05
	1,553	114	1,971	18.89	124.60	-60.00	58,100		58	-39	57	29.75	3697.90	697.90
	1,543	267	2,141	18.97	116.75	-56.65	58,200		92	-3	65	26.16	3647.10	0.15
	1,052	91	1,453	18.98	108.00	-52.95	58,300		122	-13	62	19.79	3545.05	1305.10
	995	67	1,580	18.98	99.70	-50.05	58,400		57	-38	44	25.24	3784.65	936.35
	11,290	-1,023	19,570	19.07	93.60	-44.60	58,500		2,077	-25	66	30.42	4045.35	649.25
	1,382	443	3,013	19.18	88.50	-42.60	58,600		14	0	0	29.83	0.00	0.00
	1,148	185	1,900	19.21	82.00	-38.35	58,700		15	0	0	30.44	0.00	0.00
	1,421	197	1,201	19.25	76.10	-37.65	58,800		4	0	0	29.81	0.00	0.00
	1,243	403	1,908	19.32	71.20	-35.25	58,900		2	0	0	0.00	0.00	0.00
	20,544	567	30,910	19.36	66.15	-32.65	59,000		4,435	-7	96	22.03	4230.00	357.20
	953	309	1,390	19.52	63.10	-29.15	59,100		13	0	0	0.00	0.00	0.00
	1,343	-244	3,764	19.61	59.35	-27.05	59,200		42	0	0	0.00	0.00	0.00
	825	128	1,116	19.7	55.80	-25.25	59,300		36	0	0	0.00	0.00	0.00
	1,321	114	1,663	19.66	50.65	-25.35	59,400		11	0	0	20.26	0.00	0.00
	7,432	510	17,419	19.81	48.45	-22.10	59,500		481	0	9	35.07	5037.00	657.00
	1,488	-211	1,400	19.79	44.20	-22.00	59,600		26	0	0	26.12	0.00	0.00
	674	-15	874	19.95	42.25	-19.35	59,700		27	0	0	0.00	0.00	0.00
	884	84	682	19.99	39.25	-17.55	59,800		35	0	0	17.75	0.00	0.00
	807	21	585	20.23	38.40	-15.30	59,900		21	0	0	0.00	0.00	0.00
	75,401	6,154	52,051	20.19	34.85	-15.45	60,000		34,888	-786	2,627	23.89	5191.70	379.50
	1,753	-6	1,584	20.2	32.05	-15.70	60,100		35	0	0	17.03	0.00	0.00
	564	-149	651	20.38	30.90	-12.75	60,200		46	0	0	0.00	0.00	0.00
	460	-14	194	20.46	29.00	-11.60	60,300		27	0	0	0.00	0.00	0.00
	308	-5	141	20.67	28.25	-11.90	60,400		15	0	0	26.44	0.00	0.00
	6,324	-1,747	9,711	20.42	24.00	-11.80	60,500		476	0	0	23.36	0.00	0.00
	253	-3	234	20.75	24.30	-10.25	60,600		35	0	0	0.00	0.00	0.00
	411	33	265	20.76	22.30	-9.90	60,700		17	0	0	0.00	0.00	0.00
	326	47	499	21.05	22.40	-8.50	60,800		9	0	1	27.42	6000.00	400.00
	241	4	192	21.11	20.85	-8.10	60,900		6	0	0	0.00	0.00	0.00
	19,115	2,493	18,816	20.68	16.60	-10.75	61,000		2,319	-17	81	22.15	6129.20	229.20
	251	33	455	21.24	18.25	-8.05	61,100		11	0	0	0.00	0.00	0.00
	368	25	403	21.46	17.95	-6.75	61,200		8	0	0	0.00	0.00	0.00
	255	17	401	21.27	15.45	-8.05	61,300		5	0	0	0.00	0.00	0.00
	99	13	181	21.66	16.05	-5.95	61,400		3	0	0	0.00	0.00	0.00
	6,424	952	8,458	21.43	13.60	-7.00	61,500		197	0	0	25.27	0.00	0.00
	329	135	361	21.58	13.10	-6.60	61,600		3	0	0	0.00	0.00	0.00
	125	0	360	22.01	13.90	-5.05	61,700		2	0	0	0.00	0.00	0.00
	279	-26	151	22.12	13.20	-4.60	61,800		2	0	0	0.00	0.00	0.00
	192	-33	188	22.31	12.90	-4.40	61,900		3	0	0	0.00	0.00	0.00
	10,913	80	8,560	22.27	11.70	-4.85	62,000		2,390	-19	28	0.00	7092.75	312.70
	106	8	77	22.65	12.20	-3.20	62,100		2	0	0	0.00	0.00	0.00
	87	3	90	22.59	10.95	-3.50	62,200		2	0	0	0.00	0.00	0.00
	329	-6	216	22.76	10.65	-3.40	62,300		2	0	0	0.00	0.00	0.00
	190	-358	885	22.81	9.95	-5.25	62,400		2	0	0	0.00	0.00	0.00
	1,599	-100	1,710	22.83	9.20	-3.80	62,500		93	0	2	47.12	8000.00	800.00
	89	9	89	23.07	9.20	-3.85	62,600		2	0	0	0.00	0.00	0.00
	159	-1	210	23.19	8.80	-3.20	62,700		2	0	0	0.00	0.00	0.00
	70	-25	233	23.11	7.85	-5.25	62,800		2	0	0	0.00	0.00	0.00
	59	-1	58	23.52	8.35	-3.25	62,900		1	0	0	0.00	0.00	0.00
	5,709	-371	6,977	23.78	8.40	-2.20	63,000		1,479	-61	72	0.00	8060.25	910.25
	120	35	248	23.88	8.00	-2.40	63,100		3	0	0	29.51	0.00	0.00
	451	93	478	24.08	7.90	-2.65	63,200		2	0	0	0.00	0.00	0.00
	35	2	39	24.09	7.30	-3.30	63,300		1	0	0	0.00	0.00	0.00
	71	-4	113	24.38	7.45	-2.00	63,400		1	0	0	0.00	0.00	0.00
	573	25	370	24.17	6.35	-2.90	63,500		2	0	0	0.00	0.00	0.00
	95	1	39	24.24	6.00	-3.30	63,600		1	0	0	0.00	0.00	0.00
	18	1	10	24.77	6.70	-1.95	63,700		1	0	0	0.00	0.00	0.00
	59	0	60	24.43	5.45	-3.00	63,800		1	0	0	0.00	0.00	0.00
	41	1	22	25.01	6.20	-2.15	63,900		1	0	0	0.00	0.00	0.00
	4,542	1,360	3,082	24.51	4.75	-2.85	64,000		862	0	0	0.00	0.00	0.00
	15	-10	54	24.97	5.20	-2.05	64,100		1	0	0	0.00	0.00	0.00
	265	18	108	25.06	4.95	-2.60	64,200		1	0	0	0.00	0.00	0.00
	12	1	52	25.03	4.50	-2.40	64,300		1	0	0	0.00	0.00	0.00
	159	81	227	25.24	4.50	-2.75	64,400		4	0	0	0.00	0.00	0.00
	1,331	162	2,121	25.55	4.65	-2.45	64,500		1	0	0	0.00	0.00	0.00
	18	-17	99	25.62	4.40	-2.05	64,600		1	0	0	0.00	0.00	0.00
	67	-9	80	25.38	3.70	-2.70	64,700		1	0	0	0.00	0.00	0.00
	39	11	56	25.79	4.00	-1.95	64,800		20	0	0	0.00	0.00	0.00
	100	69	184	25.8	3.70	-2.90	64,900		20	0	0	0.00	0.00	0.00
	4,522	-145	1,803	26.35	4.20	-1.55	65,000		2,102	-29	51	0.00	9865.40	106.50
	54	5	107	26	3.40	-2.50	65,100		20	0	0	0.00	0.00	0.00
	333	180	403	26.25	3.45	-2.35	65,200		20	0	0	0.00	0.00	0.00
	40	0	22	27.78	5.55	0.05	65,300		17	0	0	0.00	0.00	0.00
	19	-1	66	27.77	5.15	-0.20	65,400		19	0	0	0.00	0.00	0.00
	192	4	55	27.27	4.00	-1.35	65,500		20	0	0	0.00	0.00	0.00
	14	0	0	23.55	0.00	0.00	65,600		20	0	0	0.00	0.00	0.00
	16	0	4	28.02	4.50	-0.65	65,700		20	0	0	0.00	0.00	0.00
	145	-1	14	27.64	3.65	-1.10	65,800		20	0	0	0.00	0.00	0.00
	45	-1	14	28.14	4.05	-1.05	65,900		20	0	0	0.00	0.00	0.00
	2,420	-173	671	27.81	3.35	-1.15	66,000		829	0	1	0.00	11050.00	341.30
	9	0	0	28	0.00	0.00	66,100		12	0	0	0.00	0.00	0.00
	33	-4	10	28.68	3.95	-0.45	66,200		20	0	0	0.00	0.00	0.00
	237	13	129	28.83	3.35	-0.95	66,500		40	0	0	25.21	0.00	0.00
	269	-8	189	29.37	2.85	-1.10	67,000		0	0	0	0.00	0.00	0.00
	292	0	495	30.25	2.75	-0.95	67,500		19	0	0	0.00	0.00	0.00
	644	267	785	31.05	2.60	-1.20	68,000		61	0	0	44.04	0.00	0.00
	581	108	772	32	2.60	-1.10	68,500		5	0	0	35.13	0.00	0.00

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.