NSE Options chain for all futures and options contracts – Fyers One

You can get NSE options chain for all the derivative contracts on the exchange. You won’t ever have to visit third party websites to derive the information. This is one of the many advanced features available on Fyers One that makes it the best trading platform in India.

What is NSE Options Chain – Any options chain is a simple representation of all the call options and put option strike prices listed with their premiums. It helps to understand all the prices of options along with other details like bid / ask prices, percentage change, OI etc. in the same window.

On our trading platform, you get real-time quotes and data which you will find very useful to figure out which derivative contracts have the highest open interest and which ones are moving the most among all the NSE stocks.

Learn how to use Options Chain:

nse option chain on f yers one

To access the tool, click on “FnO Analysis” from the main menu and select “Option Chain with tools”.

option chain nse - fyers one

Structure of an options chain: As you can see above, the strike prices are listed in the centre (blue column) in an ascending order. On the right-hand side you have the put option prices of all the corresponding strike prices. Likewise, on the left side is dedicated to call option prices of the corresponding strike prices listed in the middle. On the bottom right-hand side of the tool is the symbol search where you can select any F&O scrip and click on “OK”. You can also add the stock to your watchlist. As you toggle different strike prices, the bottom black display shows you the put call ratio of the options in the corresponding strike prices. In addition, our trading platform gives the functionality to limit your watchlist of strike prices to 20, 30, 40 or all strike prices in the underlying stock. You can choose to get limited strikes or expand the list to all strikes based on your preferences.

nifty options chain variance

Variance: Using this tool, you can see the variance between the Last Traded Price (LTP) of the option and its theoretical value. You need to click on the “Variance” button on top right hand side of the options chain to access it. As you can see in the image above, it shows you the potential of a stock’s future movement. For those who like to base your decision on math, this tool will help you save your time. You can also change the annual volatility manually to simulate different results. The tool updates every 15 seconds as we have mentioned in the tool itself.

Analysing Open Interest: Opening interest is the total number of contracts which are outstanding in the markets. In other words, it means the number of derivative positions still existing in the markets and which have not yet been closed out before expiry. Open interest has nothing to do with the volume in the underlying stock. It is independent and can increase to any volume if there are people willing to initiate new positions. So if there is a new buyer and seller who enter into a contract, the open interest goes up by 1 and vice versa. In other words, if both the buyer and seller close out the position before expiry then the open interest of that contract reduces by 1.

Some basic interpretations: There are a few standard ways of reading the open interest in combination with the underlying equity price and volumes. Take note of these as it will help you develop your own techniques. As a trader, it is an important skill set if you want to understand the demand supply and speculative money flows in the stock markets. Here are some basics:

how to analyse open interest

The bottom line: Open interest shows you the demand supply of the speculative money flows in the futures and options segment of the stock market. As a trader, these short-term fluctuations can be taken advantage of. Upon keen observation, over time you can get a sense of the price at which the contract is going to expire. I suggest you add it to your arsenal of trading skills. For that, you’ll have to use the NSE options chain more often before entering trades.

If you need any clarifications, let me know in the comments section below.

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 19 comments
  • Jha
    Reply

    Wow now this is something new I have seen in any trading platfrom.. Didn’t knoe this was there in Fyers one

    • Tejas Khoday
      Reply

      Hi, yeah we figured we’d have to write about it. Guess there are too many features inbuilt in Fyers One :-). Suggest you take time and explore other posts too.

  • SONJOE JOSEPH
    Reply

    Dear Thejas,

    I’m in the process of becoming your client and have already courierd my documents. I would like to know can the option chain be linked to our excel sheet for mathematical calculations. Since some were i have seen the option. If you know just teach me how to do it. Please also include all the IV ‘s of each strike price in the option chain since ie very important.

    For further doubts can i have your email id.

    Regards,

    Sonjoe Joseph.

    • Tejas Khoday
      Reply

      Hi Sonjoe, we currently don’t have these features. But we will make them available in the future. Do give your detailed suggestions here: feedback@fyers.in.

  • Jocelyn
    Reply

    I would like to know if you offer training for new trader?
    Or how a beginner would learn trading option.

    • Tejas Khoday
      Reply

      Hi Joeclyn, I suggest you give us your contact details here so the team can get in touch with you. Use this link: https://www.fyers.in/join-us/

  • TraderHari
    Reply

    Nice post. I was checking continuously this blog and I am impressed with your platform. Extremely helpful I was looking for this kind of option in trading for long time. Using nseindia for this everytime is a piss off.Thanks TEjas & Team for your efforts.

    • Tejas Khoday
      Reply

      Hi, glad that you found the feature useful Hari. Thx for appreciating our work :-)

  • Tyagi Ramesh
    Reply

    Fyers, I want to ask Why can’t you persuade NSE to to launch this feature soon. The way international currencies have been moving, it is missed opportunities for us..

    • Tejas Khoday
      Reply

      We are one among the many brokers and unless formally communicated by the exchange, we can’t really do much about it. It’s a waiting game.

  • kamal
    Reply

    Impressed by Fyers Platform features. Must congratulate you for the good work Tejas.

    • Tejas Khoday
      Reply

      Thx kamal :-)

  • Rubesh
    Reply

    Cool.. In tamil we call it Nalla velai! Saved me some money.

  • Nimesh
    Reply

    Excited to use Fyers One.. but account opening taking more than 2 days.. was keen to short bank nifty options on weekly expiry.

    • Tejas Khoday
      Reply

      Hi Nimesh, once your docs are submitted we activate your trading account the same day. Delay is caused due to IL&FS demat account. But since yours is a derivative trade, you can start.

  • Raam
    Reply

    Good job Fyers.. wish this was available on web instead of softeare.

    • Tejas Khoday
      Reply

      Point noted. We’ll make it happen someday soon.

  • Hussain
    Reply

    You guys are giving free, free, free and ruining the industry. Tell me just because you help traders save few thousand rupees does not guarantee that they will make profits right???

    • Tejas Khoday
      Reply

      We’re just helping traders make the most of the markets. Our job is to make it possible for our clients to do well in the competitive environment of the stock markets.

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