Option Chain - Live

The Option chain display allows quick scanning of activity, open interest, and price changes. Traders can hone in on the specific options needed to meet a particular options strategy.

Option chain is an important map, full of vital information that helps a trader make profitable opinions. If you want to make profitable trades in Options also learning the Options Chain Chart is a must-have.

A deep study of Options Chain can give with a lot of perceptivity on an Option and help you make an informed decision on your trade. So master reading an Options chain to make better trading opinions.

Understanding an Option Chain:-

Options Type: Options are of two types; Call and Put. A Call Option is a contract that gives you the right but not the obligation to buy the underlying at a specified price and within the expiration date of the Option. A Put Option, on the other hand, is a contract that gives you the right but not the obligation to sell the underlying at a specified price and within the expiration date of the Option.

Strike price: Strike price is the price at which you as a buyer and seller of the Option agreed to exercise the contract.

LTP: It is the abbreviation for Last Traded Price of an Option.

Net Change: It is the net change in the LTP. The positive changes, means rise in price, are indicated in green while negative changes, decrease in price, are indicated in red.

OI: OI is an abbreviation for Open Interest. It is a data that signifies the interest of traders in a particular strike price of an Option.

Change in OI: It tells you about the change in the Open Interest within the expiration period. The number of contracts that are closed, exercised or squared off.