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Understanding the Option Chain Screener
The Option Chain Screener helps you analyze option contracts by filtering on expiry, contract type (CALL/PUT), and screener criteria. It shows key metrics like price, open interest (OI), implied volatility (IV), volume, and their changes to help you spot trading opportunities.
- Expiry: Select the expiry date for option contracts you want to analyze.
- Type: Choose INDEX, STOCKS, or COMMODITY universe.
- Screener: Pick a screener filter (OI Gainers, Price Gainers, IV Rise, ITM/OTM, Build Up, etc.).
- Click Apply to update the table.
- Symbol: Opens Option Chain v4 (classic) for that symbol.
- Type: CALL or PUT option contract.
- Strike: Strike price of the option.
- LTP / Day Chg %: Last traded price and percentage change.
- Vol / TTV: Volume and total traded value (cr).
- OI / OI change / %OI: Open Interest metrics.
- IV / %IV: Implied Volatility metrics.
- Build up: Long/Short build up, unwinding, or covering.
Risk Disclaimer: For educational and analytical purposes only. Combine with your own analysis before trading.
