Analyse Active futures and options Contracts – Fyers One

Just as you traders use volumes to detect the potential of stock prices, analysing active futures and options contracts gives you an indication of where the stock prices are going to go in the future. Since the underlying stock has several futures and options contracts analysing why some contracts are more active than the others can give you a lot more clarity than just using conventional technical analysis methods. So let me show you how to use this advanced feature efficiently in a step by step process.

Active futures and options contracts on fyers one

To access the tool, you need to click on “FnO Analysis” in the main menu and select “Active Contracts” as shown in the image above.

futures and options contracts which are active on fyers one

Types of contracts: You can choose from different types of derivative contracts namely:
• Index Futures
• Index Options
• Stock Futures
• Stock Options
• Currency Futures
• Currency Options
• Commodity Futures (Yet to be enabled).
• Options & Futures (Combined List of futures and options)

Select any of the above and click on “Go”.

call options or put options on active futures and options contracts on fyers one

Options: When you choose options, you can further drill down and select either call options or put options based on your preferences. Click on “Go” to apply the screener.

colums on futures and options active contracts screener

Columns: Let’s understand what each column represents.
• Instrument type – It shows you the different instrument type in your chosen filters. Unless you choose “Options & Futures”, this will be uniform.
• XCH (Exchange) – This is NSE by default.
• Ticker – It shows you all the different underlying symbols.
• Expiry Date – Needless to say, you get to know when the underlying contract expires.
• Options Type – CE denotes European Call Option (Default), PE denotes European Put Option (Default), XX denotes futures contracts.
• Strike Price – It is only applicable for options contracts. For futures, the display will be 0.00 by default.
• No. of Contracts – Show you how many contracts have been traded.
• Last – Last Traded Price of the underlying futures and options contracts.
• % Chg – Percentage change of from previous day’s closing price.
• OI – Perhaps the most important one of all, it shows you the open interest in the underlying contract.
• Underlying price – It is the spot price of the symbol. It is very important to take note of this as the relationship of the spot price with the derivative prices reflects bullishness or bearishness in stocks or indices as the case may be.
If you need any clarifications on how to use this tool, please ask me in the comments section below. It’ll make us happy if you use it efficiently.

Happy Trading!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO @ www.fyers.in, the youngest team to get NSE’s broker license. FYERS was started as a mission to enhance the terrain for traders and investors in India. He previously worked at Zerodha, Futures First & has been a professional trader for several years.

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Showing 8 comments
  • Venu Gopal
    Reply

    FV0006

    I admire at the data and data analytical tools in Fyers One. But I have too many questions on how to use these. I trade in Futures mostly. The Open Interest which is shown under active contracts is not available on many trading plat forms. I generally depend on money control data for open interest.

    Is the open interest change shown on your platform is intraday data or daily data?

  • kushi
    Reply

    Can i choose the risk factor in Thematic Investing? If yes. How?

  • Jaggi_bullish_trader
    Reply

    Tejas, I am not able to login Fyers One. It is saying check your internet connection.. but I am connected to internet. Phone is busy..

  • Raman
    Reply

    How can I shift my account from Edelweiss to Fyers? How much will it cost me in time and money? 🙂

  • Raj
    Reply

    Very good stuff… This I have not seen in any pure charting platform like amibroker or metastock.. good work Fyers.

  • Vasudev
    Reply

    Gr8 feature.. I have an account with Zerodha but never seen such features as on Fyers One. Good work!

  • Tejas Khoday
    Reply

    Hi Jaggi, You can choose to stay on the line for a bit in case our support team is busy or you can also send us a mail to support@fyers.in. We follow up diligently there as well. Trust its all good now after our executive sorted your settings.

  • Tejas Khoday
    Reply

    Raman, it is free to open an account with us. If you want to open a demat account it will take a week or so. Only trading account will get activated within 2 working days.

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