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		2,906	247	1,417	39.28	7.00	-1.65
	0	0	0	0	0.00	0.00	43,500		673	0	897	37.66	7.05	-2.15
	43	0	0	70.13	0.00	0.00	44,000		2,887	39	716	36.63	8.20	-2.95
	0	0	0	0	0.00	0.00	44,500		223	18	273	34.96	8.15	-4.60
	0	0	0	0	0.00	0.00	45,000		3,464	150	2,600	33.72	9.00	-5.65
	0	0	0	0	0.00	0.00	45,300		29	-17	49	32.92	9.45	-4.55
	0	0	0	0	0.00	0.00	45,400		167	-47	198	33.44	11.70	-9.65
	0	0	0	0	0.00	0.00	45,500		107	-41	198	32.75	10.70	-6.75
	0	0	0	0	0.00	0.00	45,600		25	0	3	32.88	12.00	-6.00
	0	0	0	0	0.00	0.00	45,700		15	-24	86	32.61	12.20	-6.90
	0	0	0	0	0.00	0.00	45,800		61	16	119	31.86	11.00	-13.60
	0	0	0	0	0.00	0.00	45,900		43	8	168	32.50	14.00	-9.55
	840	-48	97	0	9058.70	38.70	46,000		1,740	-171	1,756	32.27	14.35	-7.05
	0	0	0	0	0.00	0.00	46,100		48	5	89	31.69	13.55	-8.10
	0	0	0	0	0.00	0.00	46,200		38	1	18	31.05	12.55	-9.95
	0	0	0	0	0.00	0.00	46,300		41	4	9	32.13	17.70	-3.50
	0	0	0	0	0.00	0.00	46,400		37	-4	92	31.09	15.00	-9.60
	108	0	0	53.23	0.00	0.00	46,500		484	79	833	30.94	15.70	-9.85
	0	0	0	0	0.00	0.00	46,600		42	-1	154	30.35	14.75	-12.15
	0	0	0	0	0.00	0.00	46,700		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	46,800		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	46,900		0	0	0	0.00	0.00	0.00
	71	0	0	0	0.00	0.00	47,000		1,912	333	4,442	30.41	20.90	-11.35
	0	0	0	0	0.00	0.00	47,100		78	7	144	29.69	19.10	-14.30
	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		1,334	309	3,651	29.57	25.80	-12.40
	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
	317	-1	6	41.7	7373.30	210.65	48,000		5,876	1,991	11,708	28.44	30.00	-17.50
	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		2,970	1,050	6,353	27.75	38.50	-20.35
	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		0	0	1	25.91	29.95	28.75
	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
	90	3	6	0	6009.00	-196.00	49,000		8,155	747	10,875	27.17	50.65	-21.75
	7	0	0	0	0.00	0.00	49,100		155	33	361	26.97	52.50	-24.10
	0	0	0	0	0.00	0.00	49,200		278	-48	390	26.82	55.10	-23.60
	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
	98	0	0	0	0.00	0.00	49,500		4,563	241	6,454	26.49	65.00	-25.95
	4	0	0	0	0.00	0.00	49,600		0	0	0	0.00	0.00	0.00
	0	0	0	0	0.00	0.00	49,700		105	41	258	26.43	74.85	-23.90
	3	0	0	0	0.00	0.00	49,800		517	-39	583	26.12	76.10	-27.65
	0	0	0	0	0.00	0.00	49,900		284	-9	537	26.17	82.85	-27.80
	1,927	-211	408	22.21	5217.80	-39.35	50,000		23,992	-687	37,452	26.08	87.75	-26.85
	0	0	0	0	0.00	0.00	50,100		130	50	427	26.01	93.15	-26.55
	60	0	1	28.72	5131.15	-714.00	50,200		188	139	695	25.70	95.10	-30.20
	1	0	0	0	0.00	0.00	50,300		253	155	559	25.78	103.50	-27.00
	4	0	0	0	0.00	0.00	50,400		79	17	340	25.52	106.50	-31.25
	41	-2	3	25.71	4800.00	-660.75	50,500		3,965	-96	10,278	25.47	113.50	-34.30
	24	0	0	0	0.00	0.00	50,600		967	-8	1,064	25.43	121.15	-37.65
	11	0	0	0	0.00	0.00	50,700		157	13	638	25.12	123.75	-39.85
	11	0	0	34.73	0.00	0.00	50,800		1,124	39	1,168	25.11	132.60	-32.85
	10	0	0	0	0.00	0.00	50,900		365	33	929	25.06	141.00	-34.70
	955	9	202	23.85	4310.00	-35.25	51,000		10,277	111	21,998	24.97	149.10	-34.00
	13	0	0	35.48	0.00	0.00	51,100		354	47	699	24.77	154.95	-36.25
	18	0	0	0	0.00	0.00	51,200		618	-36	751	24.69	163.95	-34.15
	16	0	4	22.19	4005.00	0.00	51,300		448	-15	1,136	24.61	173.45	-37.45
	14	0	0	0	0.00	0.00	51,400		321	-38	499	24.49	182.60	-33.65
	233	0	2	22.15	3825.00	-83.70	51,500		4,246	493	11,492	24.29	189.90	-37.60
	12	0	0	0	0.00	0.00	51,600		505	-24	1,017	24.27	202.35	-39.15
	20	0	0	23.9	0.00	0.00	51,700		414	94	815	24.05	209.80	-36.30
	28	0	0	27.68	0.00	0.00	51,800		771	205	2,843	23.93	220.55	-37.60
	17	0	0	14.84	0.00	0.00	51,900		454	-14	1,224	23.82	232.00	-39.75
	2,168	-30	639	21.65	3375.00	-78.85	52,000		13,452	25	28,008	23.78	246.30	-45.90
	21	0	1	19.13	3222.30	-742.70	52,100		730	50	1,119	23.66	258.70	-52.00
	18	0	0	27.55	0.00	0.00	52,200		830	177	2,032	23.57	272.65	-44.45
	29	0	0	18.14	0.00	0.00	52,300		554	106	1,271	23.40	284.75	-48.70
	32	0	0	0	0.00	0.00	52,400		616	2	1,569	23.21	296.60	-51.95
	256	-1	20	21.53	2951.75	-86.55	52,500		5,403	772	15,671	23.21	315.70	-50.20
	41	0	0	14.16	0.00	0.00	52,600		617	-34	2,312	23.17	334.00	-45.30
	42	0	1	19.22	2711.60	-61.90	52,700		595	75	1,759	23.11	352.60	-49.00
	88	0	0	14.91	0.00	0.00	52,800		724	148	2,326	23.04	372.00	-47.20
	17	0	0	23.94	0.00	0.00	52,900		662	-28	2,070	23.09	396.65	-41.70
	3,468	59	533	21.56	2556.40	-41.30	53,000		10,824	-209	33,587	22.76	407.00	-52.70
	31	0	0	25.62	0.00	0.00	53,100		794	70	3,103	22.72	429.95	-41.30
	21	0	0	19.46	0.00	0.00	53,200		591	106	2,195	22.55	448.15	-65.10
	100	0	0	22.8	0.00	0.00	53,300		777	-20	2,318	22.37	467.00	-54.55
	32	0	0	20.07	0.00	0.00	53,400		562	35	2,132	22.50	500.00	-55.30
	511	37	282	21.06	2164.55	-92.00	53,500		7,272	398	18,415	22.39	523.75	-55.30
	26	0	0	22.4	0.00	0.00	53,600		528	-13	2,316	22.18	543.65	-67.10
	129	8	22	21.1	2025.75	-15.05	53,700		903	-17	2,798	22.10	570.75	-60.80
	115	-1	7	21.91	1995.45	-56.45	53,800		743	73	5,037	22.11	602.80	-54.85
	81	2	14	21.41	1904.75	-80.90	53,900		663	30	2,050	21.89	625.50	-57.60
	4,413	307	4,839	20.34	1787.60	-110.90	54,000		14,308	734	35,681	21.79	654.65	-63.10
	156	26	42	20.06	1708.80	-116.90	54,100		848	103	3,659	21.89	695.10	-49.70
	172	23	104	20.03	1643.15	-101.90	54,200		967	74	4,398	21.67	720.70	-64.80
	187	25	189	20.06	1582.00	-152.15	54,300		955	59	3,859	21.46	747.65	-67.90
	480	-34	312	19.86	1510.70	-114.55	54,400		1,210	292	6,841	21.45	786.65	-59.40
	3,146	242	7,855	19.85	1450.15	-112.90	54,500		8,542	1,569	28,600	21.42	825.25	-64.05
	956	-21	1,336	19.68	1383.00	-109.40	54,600		1,407	-133	7,105	21.41	866.65	-53.85
	942	-36	5,446	19.54	1318.35	-123.65	54,700		1,607	212	11,787	21.23	900.00	-64.40
	1,337	223	13,467	19.75	1273.95	-108.95	54,800		1,841	2	21,406	21.28	947.30	-63.80
	1,886	630	17,027	19.76	1220.15	-117.25	54,900		1,908	239	22,479	21.21	988.90	-59.45
	17,613	2,567	69,772	19.62	1160.00	-103.40	55,000		21,068	2,604	79,560	21.20	1035.95	-53.45
	1,537	744	15,274	19.64	1110.00	-114.65	55,100		1,548	806	17,877	21.04	1075.80	-62.90
	2,683	470	25,794	19.55	1055.60	-120.90	55,200		2,379	1,069	26,724	20.97	1121.65	-46.25
	2,300	1,109	26,053	19.5	1004.95	-116.05	55,300		2,639	1,365	25,259	21.10	1180.00	-32.70
	2,847	1,157	27,856	19.35	950.05	-116.30	55,400		1,933	861	21,087	21.01	1228.15	-53.80
	10,834	4,873	58,941	19.37	906.25	-112.40	55,500		10,619	3,710	47,592	20.90	1276.15	-35.40
	2,984	696	14,408	19.33	860.55	-108.20	55,600		1,495	395	9,576	21.00	1336.70	-13.90
	2,624	855	11,996	19.29	816.00	-102.85	55,700		2,022	599	7,029	20.80	1382.80	-40.85
	2,807	416	12,641	19.29	775.30	-96.15	55,800		1,953	201	5,808	20.92	1447.35	-34.10
	2,130	434	7,644	19.15	728.85	-100.80	55,900		1,265	119	1,809	20.85	1503.35	-7.15
	31,386	2,926	62,827	19.22	694.75	-92.00	56,000		26,559	319	18,402	20.77	1560.00	-33.05
	2,682	-280	7,168	19.1	652.00	-91.85	56,100		1,196	80	983	20.46	1606.35	-35.55
	2,422	-97	9,078	19.14	619.50	-91.45	56,200		1,773	-52	590	20.10	1651.80	-34.90
	2,365	199	7,104	19.1	583.75	-86.60	56,300		1,919	55	710	19.72	1698.15	-87.05
	1,597	555	5,748	19	546.70	-87.65	56,400		1,956	947	1,781	20.90	1823.00	24.95
	15,695	1,440	26,178	19	516.30	-83.75	56,500		11,923	253	2,995	20.38	1865.00	-28.85
	1,702	-8	7,260	18.96	485.00	-79.00	56,600		936	4	39	20.09	1920.00	-40.60
	1,624	-136	4,892	19	458.50	-76.40	56,700		810	-68	140	19.16	1946.80	-59.70
	2,873	181	6,529	18.93	428.60	-81.40	56,800		2,319	2	57	20.91	2100.00	-9.70
	1,311	478	7,746	18.91	402.40	-78.50	56,900		426	-8	11	20.76	2165.00	75.20
	26,965	3,694	72,809	18.94	379.05	-68.55	57,000		12,916	316	2,948	20.59	2230.80	-17.05
	1,447	517	8,855	18.8	350.25	-71.55	57,100		240	0	19	20.05	2281.75	-26.95
	1,800	404	8,394	18.92	333.10	-65.00	57,200		328	-4	11	20.05	2357.95	61.60
	2,485	289	4,429	18.85	309.60	-61.15	57,300		448	-3	17	17.18	2322.50	-44.80
	1,692	558	6,382	18.93	292.60	-55.10	57,400		305	-7	16	16.19	2369.45	-342.50
	10,374	625	25,776	18.92	273.55	-51.30	57,500		4,684	-7	150	20.26	2601.00	6.40
	962	-243	4,205	18.79	250.90	-53.65	57,600		1,041	-208	224	20.64	2695.35	-5.60
	1,583	-136	4,725	18.91	238.30	-49.20	57,700		212	0	0	26.41	0.00	0.00
	1,622	221	4,210	18.84	220.00	-49.20	57,800		250	-1	4	15.76	2700.00	-469.55
	1,743	94	3,221	18.94	208.20	-44.65	57,900		105	40	83	18.27	2860.35	489.10
	29,682	4,167	55,899	18.94	194.00	-40.40	58,000		9,006	101	687	21.17	3041.20	40.95
	1,459	194	3,857	18.88	178.85	-44.90	58,100		97	-1	3	17.07	3000.00	0.00
	1,284	20	2,868	19.08	171.90	-33.25	58,200		95	0	0	32.01	0.00	0.00
	958	174	3,238	19.06	159.35	-33.30	58,300		135	0	0	0.00	0.00	0.00
	933	91	2,853	18.97	145.65	-35.05	58,400		96	0	1	0.00	2848.30	171.40
	12,312	1,789	23,326	19.05	137.20	-30.70	58,500		2,102	-9	200	18.61	3396.10	74.90
	955	49	1,666	19.18	130.40	-25.60	58,600		14	0	0	29.83	0.00	0.00
	962	-83	1,283	19.07	118.35	-28.05	58,700		15	0	0	30.44	0.00	0.00
	1,214	123	1,933	19.3	114.70	-22.00	58,800		4	0	0	29.81	0.00	0.00
	839	87	2,089	19.23	104.75	-22.75	58,900		2	0	1	0.00	3573.90	-558.75
	19,975	-1,964	37,205	19.24	97.15	-21.35	59,000		4,441	8	107	20.85	3900.00	98.35
	658	88	1,396	19.26	90.05	-20.75	59,100		15	0	2	0.00	3746.65	781.95
	1,610	-216	3,352	19.24	82.80	-20.40	59,200		42	0	1	0.00	3723.05	191.70
	704	33	1,407	19.5	81.15	-15.90	59,300		36	0	0	0.00	0.00	0.00
	1,209	125	1,467	19.46	74.20	-16.30	59,400		12	0	1	20.60	4259.75	465.85
	6,965	740	16,646	19.58	70.40	-14.90	59,500		481	0	0	21.31	0.00	0.00
	1,695	156	971	19.72	67.15	-12.70	59,600		26	0	0	26.12	0.00	0.00
	689	127	2,630	19.77	62.70	-10.55	59,700		27	0	0	0.00	0.00	0.00
	799	202	1,316	19.58	55.20	-13.55	59,800		35	0	0	17.75	0.00	0.00
	786	100	1,309	19.74	52.85	-11.80	59,900		21	0	0	0.00	0.00	0.00
	69,237	4,854	67,972	19.91	50.90	-9.30	60,000		35,675	-1,452	4,608	19.59	4807.65	87.55
	1,779	321	2,158	19.89	46.55	-10.05	60,100		36	0	1	18.60	4892.50	574.60
	714	157	1,432	19.92	43.25	-10.50	60,200		46	0	0	0.00	0.00	0.00
	471	58	810	20.21	43.00	-5.45	60,300		27	0	0	0.00	0.00	0.00
	312	68	619	20.33	40.85	-4.50	60,400		15	0	0	26.44	0.00	0.00
	8,075	662	12,479	20.31	37.45	-4.95	60,500		474	-2	4	23.82	5342.75	92.75
	256	-46	505	20.33	34.60	-6.90	60,600		35	0	18	0.00	5117.60	-148.50
	386	16	384	20.31	31.60	-6.40	60,700		17	0	0	0.00	0.00	0.00
	280	-16	437	20.61	31.70	-4.15	60,800		10	0	1	21.81	5600.00	1260.05
	239	30	1,190	20.51	28.30	-5.50	60,900		6	0	0	0.00	0.00	0.00
	16,630	-2,046	19,086	20.76	28.00	-3.00	61,000		2,326	11	74	28.75	5900.00	153.20
	218	48	643	20.83	26.30	-2.90	61,100		11	0	0	0.00	0.00	0.00
	376	41	777	20.82	24.05	-4.15	61,200		8	0	0	0.00	0.00	0.00
	239	53	341	21.02	23.55	-2.80	61,300		5	0	0	0.00	0.00	0.00
	92	27	386	21.11	22.25	-2.45	61,400		3	0	0	0.00	0.00	0.00
	5,506	370	4,859	21.29	21.60	-1.70	61,500		196	0	13	25.97	6320.75	570.65
	196	9	700	21.37	20.35	-2.15	61,600		3	0	0	0.00	0.00	0.00
	126	26	333	21.45	19.20	-2.40	61,700		2	0	0	0.00	0.00	0.00
	302	125	1,196	21.7	19.10	-1.10	61,800		2	0	0	0.00	0.00	0.00
	224	-66	367	21.89	18.70	-0.40	61,900		3	0	0	0.00	0.00	0.00
	10,782	-452	8,063	21.86	17.00	-0.85	62,000		2,410	-22	45	16.06	6750.00	-50.00
	98	-6	239	22.11	17.00	-0.55	62,100		2	0	0	0.00	0.00	0.00
	80	-14	155	22.08	15.45	-1.40	62,200		2	0	0	0.00	0.00	0.00
	347	33	654	22.11	14.35	-0.30	62,300		2	0	0	0.00	0.00	0.00
	538	384	618	22.68	15.95	0.90	62,400		2	0	0	0.00	0.00	0.00
	1,683	269	3,599	22.48	13.75	-1.15	62,500		93	0	0	0.00	0.00	0.00
	78	-31	163	22.58	13.10	-1.50	62,600		2	0	0	0.00	0.00	0.00
	161	59	341	22.7	12.55	-0.75	62,700		2	0	0	0.00	0.00	0.00
	92	22	162	23.32	14.20	1.60	62,800		2	0	0	0.00	0.00	0.00
	61	19	277	22.95	11.60	-1.15	62,900		1	0	0	0.00	0.00	0.00
	6,088	624	6,974	22.86	10.35	-1.30	63,000		1,539	0	1	0.00	7150.00	-540.00
	87	6	229	22.99	9.95	-1.75	63,100		3	0	0	29.51	0.00	0.00
	359	-6	514	23.44	10.70	-0.55	63,200		2	0	0	0.00	0.00	0.00
	33	10	105	23.43	9.85	-1.00	63,300		1	0	0	0.00	0.00	0.00
	77	3	144	23.55	9.45	-0.65	63,400		1	0	0	0.00	0.00	0.00
	548	20	1,949	23.61	8.90	-0.90	63,500		2	0	0	0.00	0.00	0.00
	103	16	174	24	9.40	-0.60	63,600		1	0	0	0.00	0.00	0.00
	18	0	81	23.99	8.65	-0.45	63,700		1	0	0	0.00	0.00	0.00
	60	-4	48	24.1	8.30	-1.15	63,800		1	0	0	0.00	0.00	0.00
	39	4	22	24.34	8.35	-0.20	63,900		1	0	0	0.00	0.00	0.00
	3,188	515	6,103	24.3	7.60	-0.60	64,000		862	0	0	0.00	0.00	0.00
	23	5	72	24.67	8.00	-0.75	64,100		1	0	0	0.00	0.00	0.00
	246	4	59	24.73	7.55	-0.65	64,200		1	0	0	0.00	0.00	0.00
	12	1	13	24.8	7.15	-1.80	64,300		1	0	0	0.00	0.00	0.00
	77	12	57	25.06	7.25	-0.75	64,400		4	0	0	0.00	0.00	0.00
	1,177	55	1,254	25.42	7.60	0.20	64,500		1	0	0	0.00	0.00	0.00
	35	-3	23	25.17	6.45	-0.90	64,600		1	0	0	0.00	0.00	0.00
	79	4	49	25.37	6.40	-0.40	64,700		1	0	0	0.00	0.00	0.00
	28	-1	87	25.45	6.10	-0.25	64,800		20	0	0	0.00	0.00	0.00
	31	15	72	25.69	6.15	-0.90	64,900		20	0	0	0.00	0.00	0.00
	4,667	940	6,102	25.61	5.55	-0.65	65,000		2,132	5	25	31.36	9758.90	42.90
	49	0	66	26	5.90	-0.40	65,100		20	0	0	0.00	0.00	0.00
	21	6	16	26.88	5.15	-0.55	65,700		20	0	0	0.00	0.00	0.00
	147	32	247	26.77	4.60	-0.95	65,800		20	0	0	0.00	0.00	0.00
	56	38	217	27.38	5.30	0.25	65,900		20	0	0	0.00	0.00	0.00
	155	56	273	25.96	5.40	-0.30	65,200		20	0	0	0.00	0.00	0.00
	35	13	49	26.23	5.50	-0.50	65,300		17	0	0	0.00	0.00	0.00
	20	1	6	26.28	5.20	0.10	65,400		19	0	0	0.00	0.00	0.00
	189	18	472	26.43	5.10	-0.65	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
	2,553	626	4,574	27.12	4.50	-0.40	66,000		827	3	16	0.00	10720.00	120.00
	9	-19	25	27.32	4.50	-0.30	66,100		12	0	0	0.00	0.00	0.00
	45	13	101	27.56	4.55	-1.70	66,200		20	0	0	0.00	0.00	0.00
	219	2	205	28.13	4.50	0.35	66,500		40	0	0	25.21	0.00	0.00
	277	85	933	28.97	4.25	-0.05	67,000		0	0	0	0.00	0.00	0.00
	293	245	647	29.67	3.85	0.20	67,500		19	0	0	0.00	0.00	0.00
	377	21	535	30.75	4.00	0.35	68,000		87	2	28	44.98	12789.75	909.75
	477	-237	954	31.64	3.90	0.70	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.