What is an Option Chain? How to use it?
- An options chain, also known as an option matrix, is a listing of all available options contracts for a given security.
- It shows all listed puts, calls, their expiration, strike prices, and Open Interest, Volume, Average Traded Price, and best Ask & Bid price for a single underlying asset within a given maturity period.
- The chain is categorized by expiration date and segmented by calls vs. puts.
- You can see Option Chain by clicking on Chain button (marked in the image below) from the details page of the scrips for which option contracts are available.
You’ll see LTP, OI, and Strike Price for all the option contracts available for this company.
Click on a particular contract from this option chain, you’ll see ATP(Average Traded Price), Bid Price & Qty, Ask Price & Qty, and Volume traded.
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How to use Option Chain?
There are multiple ways in which clients can use option chains for trading. Some of the ways are - To know the Support/Resistance of the underlying based on OI. Check the OTM contracts that have the highest OI for both Call and Puts. The strike price ...
How to read Option Chain?
Option Types - There are two types of option contracts - Call, and Put. Premium of Call options increases with the increase in price of the underlying, while the premium of the Put options decreases with the increase in price of the underlying, and ...
How do I access Option Chain from Search Results directly?
To access Option Chain of any scrip, simply search for your desired contract or stock and tap on the Option Chain icon. It will redirect you to the Option Chain page.
Will I be able to use an approved CTCL terminal from a non-approved location or home?
No, if the geo tagged location is in mismatch with the actual location. User will not be able to use the approved CTCL, one has to be at the registered address
Why use GTT?
You don’t need to monitor prices daily You can set trigger prices outside the current circuit limits (DPR) of the stock You will be notified when the entry price has been breached and the order is sent to exchange