[--[65.84.65.76]--]
Straddle Option Chain
Market Closed
Fut : — ↓ — (—)
Max Pain : —
PCR : —
Lot : —
SD RANGE : —
Strike LTP Chg Comb LTP VWAP LTP - VWAP Diff % LTP - VWAP Diff OI PCR Avg IV Comb OI OI Diff Vol Chg % Vol Str VWAP Str Avg Str
23950.00 -235.85 -100.00%
24000.00 -198.20 35.28 -100.00% 100%
24050.00 -210.40 -100.00%
24100.00 -185.60 -100.00%
24150.00 -220.10 -100.00%
24200.00 -195.30 -100.00%
24250.00 -205.75 -100.00%
24300.00 -188.90 -100.00%
24350.00 -212.45 -100.00%
24400.00 -201.30 -100.00%
24450.00 -192.60 28.15 -100.00%
24500.00 -218.20 -100.00%
24550.00 -189.40 -100.00% 85%
24600.00 -225.10 42.10 -100.00%
24650.00 -196.80 -100.00%
24700.00 -207.55 -100.00%
24750.00 -183.90 -100.00%
24800.00 -214.25 31.50 -100.00%
24850.00 -199.70 -100.00%
24900.00 -211.35 -100.00%
24950.00 -187.50 -100.00%
25000.00 -222.80 38.90 -100.00%
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Frequently Asked Questions

ATM straddle premium is the combined premium (CE LTP + PE LTP) at the strike closest to spot price. It represents the expected range implied by options sellers.

Trading relevance: Higher ATM straddle premium means sellers expect wider moves. Lower premium suggests consolidation. Track changes during the session to gauge shifting volatility expectations.

Combined OI (CE OI + PE OI) shows total writer positions at that strike. High combined OI indicates strong participation by option sellers at that level.

  • ATM combined OI rising: Sellers expect price to stay near that level
  • OTM combined OI spikes: Potential support or resistance zone
  • OI concentration: Compare strikes to identify where maximum positions are clustered

OI PCR (Put-Call Ratio) is PE OI divided by CE OI for a given strike or expiry. It shows seller positioning.

  • PCR above 1.2: More put writers. Typically bullish, suggests support below spot
  • PCR below 0.8: More call writers. Typically bearish, suggests resistance above spot
  • PCR between 0.8-1.2: Balanced positioning, no strong directional bias
  • Track changes: Rising PCR during a rally = healthy uptrend with put support building

Option sellers show their positioning through OI buildup. Look for these signals in the straddle view:

  • High combined OI strikes: Sellers are defending these levels
  • Rising OI with price approaching a strike: Fresh selling pressure
  • Falling OI when price moves away: Sellers closing or rolling positions
  • Volume spikes at key strikes: Active seller participation during the session

OI Diff (PE OI - CE OI) shows the balance between put and call writers at each strike.

  • Positive OI Diff (more PE OI): Put writers dominate, generally bullish signal
  • Negative OI Diff (more CE OI): Call writers dominate, generally bearish signal
  • OI Diff flipping sign: Shifting sentiment, watch for directional change
  • Highest positive OI Diff strike: Often acts as support zone
  • Highest negative OI Diff strike: Often acts as resistance zone

ATM straddle premium provides an intraday range estimate based on options pricing.

  • Calculate expected range: Add and subtract ATM straddle premium from spot price
  • Example: Spot 24000, ATM straddle 180 = expected range 23820 to 24180
  • Premium decay through the day: Straddle premium shrinks if spot stays rangebound
  • Premium expansion: Sharp moves or events can widen straddle premium mid-session

Multiple factors indicate significant activity and positioning at a specific strike:

  • High combined volume: Active trading happening at that strike right now
  • High combined OI: Large cumulative positions held by writers
  • Rising OI + high volume: Fresh buildup, new sellers entering
  • Falling OI + high volume: Unwinding, sellers exiting or adjusting
  • Strike with highest activity often becomes pivot: Price may gravitate toward or bounce off that level