Header

1Live Status Indicator

Shows that the displayed data is real-time market data and is being continuously refreshed. It also displays the time passed since the last data update, helping users understand how fresh the information is.

2Last Updated Time

Shows the exact moment when the data was last refreshed. This timestamp helps users verify the recency of the information, ensuring they make decisions based on the most current market conditions.

Historical Data

Allows users to select a past date to view data for that specific trading day.

When a historical date is selected, the charts and values update to show how Call Volume vs Put Volume behaved during that day instead of live market data.

This helps users analyze past market behavior, compare different days, and understand how trading volume patterns changed over time.

Header Controls

1Index Tools Dropdown

Allows users to select the type of analysis they want to view, such as Call Volume vs Put Volume, Call OI vs Put OI, or OI Change analysis. Once selected, the charts and data update accordingly.

2Symbol Selection Dropdown

Lets users choose the market index or symbol (e.g., NIFTY 50, BANK NIFTY, FINNIFTY). Selecting a different symbol updates the data to show Call Volume vs Put Volume specific to that index.

3Expiry Date Dropdown

Opens a list of available expiry dates. By selecting a different expiry date, users can view Call Volume vs Put Volume data for that specific expiry, making it useful for historical and comparative analysis.

Strike Price & Interval Controls

4Start Strike Price Dropdown

Allows users to select the starting strike price for the analysis range. The data and charts will begin calculating Call Volume vs Put Volume from this selected strike price.

5End Strike Price Dropdown

Used to select the ending strike price for the analysis. Together with the start strike, it defines the complete strike price range included in the analysis.

6Interval Selection Dropdown

Lets users choose the time interval (such as 1 min, 5 min, 15 min, or 30 min) for data calculation. A smaller interval shows more frequent changes, while a larger interval provides a smoother and broader market view.

Chart/Graph

Breaking Down the Chart

The chart shows real-time dynamics between call and put option trading volume for Nifty 50, with data recorded every 15 minutes (9:15 AM to 3:30 PM market hours).

Chart Explanation

Green Line – CE Volume (Call Volume)

• Represents the intraday Call option trading volume.
• Shows how many call contracts are being actively traded during the session.
• Higher volume indicates strong participation in call options, suggesting bullish sentiment or hedging activity.

Red Line – PE Volume (Put Volume)

• Represents the intraday Put option trading volume.
• Shows how many put contracts are being actively traded during the session.
• Higher volume indicates strong participation in put options, suggesting bearish sentiment or protective hedging.

Grey Line – Stock LTP (NIFTY Spot Price)

• Shows NIFTY's intraday price movement.
• Helps correlate volume patterns with price action.
• When price rises with high call volume, it suggests bullish conviction; when price falls with high put volume, it suggests bearish pressure.

Time & Price Data

1Time

The timestamp when the data was recorded. Each row represents data at different intervals during the trading day (15:30, 15:15, 15:00, 14:45, etc.).

2Spot LTP (Last Traded Price)

The actual price at which Nifty 50 was trading at that specific time. For example, at 15:30 (market close), Nifty was at 25,694.35. The colored arrow (↓ or ↑) shows if it moved up or down from the previous interval, with the percentage change in parentheses.

Volume Analysis

3PE Volume (Put Option Volume)

The total number of put option contracts traded at that time interval, expressed in the given strike range. For example, if PE Volume shows 15,45,000, it means 15.45 lakh put contracts were traded during that period.

Why It Matters: High put volume indicates strong bearish sentiment or hedging activity. Traders are actively buying or selling puts, which can signal fear or protective positioning.

4CE Volume (Call Option Volume)

The total number of call option contracts traded at that time interval. For example, if CE Volume shows 22,30,000, it means 22.30 lakh call contracts were traded during that period.

Why It Matters: High call volume indicates strong bullish sentiment or speculative activity. Traders are actively buying or selling calls, which can signal optimism or profit-taking.

5Difference (CE Volume vs PE Volume)

Shows the net gap between Put Option Volume (PE Volume) and Call Option Volume (CE Volume) for the selected strike range.

Formula

What it tells us

• Helps identify which side has stronger trading activity: Calls or Puts
• Acts as a quick sentiment indicator based on actual trading volume

How to read the value

• Negative value (−) → CE Volume is higher than PE Volume → More call trading activity → Bullish sentiment or call writing
• Positive value (+) → PE Volume is higher than CE Volume → More put trading activity → Bearish sentiment or put buying

Example

PE Volume = 15,45,000
CE Volume = 22,30,000
Difference = 15,45,000 − 22,30,000
Difference = −6,85,000

Conclusion: A negative difference means call trading volume is higher, indicating stronger bullish participation or call writing activity in the market.

PCR & Max Pain Analysis

6Volume PCR

Volume Put–Call Ratio (Volume PCR) is a market sentiment indicator that compares put option trading volume to call option trading volume. Unlike OI-based PCR, this focuses on actual trading activity during the session.

What Volume PCR Values Mean?

Key Difference from OI PCR

OI PCR shows cumulative positions (what traders are holding).

Volume PCR shows current trading activity (what traders are doing right now).

Volume PCR is more dynamic and reflects immediate market sentiment, while OI PCR shows longer-term positioning.

7Max Pain

The strike price at which option buyers (calls + puts together) would lose the most money at expiry, and option sellers would gain the most.

• If max pain is below the current LTP, it is shown in red (price trading above the max‑pain level).
• If max pain is above the current LTP, it is shown in green (price trading below the max‑pain level).

Note: Max pain theory suggests that the market tends to gravitate toward the max pain level as expiry approaches, as option sellers try to maximize their profits.