Here you can get to know about all the columns present in the option chain feature(Option chain stocks, nifty, option chain bank nifty)

• Strike: In the Strike, you can check the strike price of a particular stock. You can easily sort the Strike data from highest to lowest and lowest to highest by clicking on Strike.
• Open Interest: This will show you the data of Open Interest of a particular Strike of the selected expiry. For every strike there will be open interest of call side and put side. This data helps you to identify the support and resistance. Call Strike price with highest open interest is treated as Strong resistance and Put Strike having highest open interest is treated as strong support
• OI change: The OI Change column will show you the data of the OI change from yesterday’s close to today’s close. This is another analytical tool wherein the user can find where the trend is strengthening or weakening.
• LTP: Last Traded Price (LTP) stands for the price of a stock on which the last transaction or trade occurred.
• Net change: It is the net change in the LTP(last traded price).The positive change means rise in price and the negative change means decrease in price. On Expansion

 

Option Chain Analysis: Your Key to the World of Options Trading