Q: F&O data - the basic fundas

The Basics (not the usual price/volume): Open Interest (OI) : in simple terms, this is the net number of long/short positions outstanding at any given point of time. For each buyer of an F&amp;O contract there must be a seller. From the time the buyer or seller opens the F&amp;O contract (call/put/future) until the counter-party closes it, that contract is considered 'open'. || A large open interest indicates more activity and liquidity for the contract. The more the buildup the heavier the counter becomes, and depending on who comes out stronger, the bulls or the bears, the price follows. Basis (premium/discount) : is the difference of the Future price over the underlying spot price. It essentially is a bullish/bearish indicator of whether the buyer is willing to pay extra premium &amp; expects the price to rise in future, or whether the short-seller is selling at a discount thinking the price is going to fall in the future. When expressed as a percentage it is called the basis% and is calculated as basis% = 100*(future-spot)/spot. **CoC (cost of carry) **is nothing but the basis computed in annualized terms, as good as the rate of interest for carrying the position forward. Coc=(basis% *365) / (days-to-expiry) Near (1), Next (2), Far (3), Long (4) : the data for the 3 month’s series we can see break up as near: for current month(1) next: for month 2 far: month 3 long: for long-dated contracts beyond the 3 regular months Rollover : is a close estimate of how many

Question 1

putcall

Accepted Answer

The Put Call screen is a favourite of many option traders as it is a one stop place where you can see all options activity of a symbol across multiple strikes / expiry in a easy to visualize way

|| you can choose (keyboard shortcuts also) which data you want to see:-

the app also does automatic max pain calculation i.e. the strike where option sellers will have max loss, so they will try and pin the expiry closing nearest to this strike

you can see change or **%change **across individual strikes in price/oi/volume/iv across custom time intervals like 5/10/15/Xmins or even Day/Week/Month by just choosing that respective option in menu

see for multiple expiries 0/1/2/3/4 months/weeks all together for easy comparison

![](https://storage.crisp.chat/users/helpdesk/website/b67ec492-fe9d

Question 2

Strategy

Accepted Answer

You can choose from inbuilt set of option strategies or custom build your very own ${color}[#ff8040](see live payoff & do what-if-scenario analysis along with greeks), to get the possible risk-reward ratio.

first choose the symbol for which you want to build an option strategy
then, choose your view on the market if you want to filter strategies for that particular scenario

bullish
bearish
volatile
flat and then click to select from the inbuilt set of strategies that you want to make
The **Analyser **opens up where you see a payoff graph & your positions/legs for the strategy.
You can see the Profit/Loss MTM varying with the spot price & the various greeks for risk analysis.
You can do a full what-if- analysis by varying the sensitivity parameters of Time, Price, Volatility & seeing the effect on the position rates and thus the P/L & Greeks dynamically.
So you are in control of the position & ready for any adjustment actions to be taken if needed.

you can also choose the position legs and build your own custom strategy --> by clicking the 'custom build' button on top of the payoff graph & hover over individual option strikes and the

Question 3

Option Chain

Accepted Answer

Here you can watch all the Call/Put data in tabular form with an easy to view Left/Right way, with lots of FnO parameters for options like OI, IVs, Volumes, etc. for multiple strikes & multiple expires in one place .. along with multiple sparkline charts if so desired.

|| you can choose (keyboard shortcuts also) which data you want to see:-

you can see **change **or %change across individual strikes in price/oi/volume/iv across custom time intervals like 5/10/15/Xmins or even Day/Week/Month by just choosing that respective option in menu.

Move / hover your mouse over any putcall row and you get a quick info tooltip for that option.

CLICK on any putcall bar to launch a quick chart for that option (TIP: you can also display a quick OI/volume/basis/IV trend for that cont

Question 4

F&O data - the basic fundas

Accepted Answer

The Basics (not the usual price/volume):

Open Interest (OI) : in simple terms, this is the net number of long/short positions outstanding at any given point of time. For each buyer of an F&O contract there must be a seller. From the time the buyer or seller opens the F&O contract (call/put/future) until the counter-party closes it, that contract is considered 'open'.

|| A large open interest indicates more activity and liquidity for the contract. The more the buildup the heavier the counter becomes, and depending on who comes out stronger, the bulls or the bears, the price follows.

Basis (premium/discount) : is the difference of the Future price over the underlying spot price. It essentially is a bullish/bearish indicator of whether the buyer is willing to pay extra premium & expects the price to rise in future, or whether the short-seller is selling at a discount thinking the price is going to fall in the future. When expressed as a percentage it is called the basis% and is calculated as basis% = 100*(future-spot)/spot.

**CoC (cost of carry) **is nothing but the basis computed in annualized terms, as good as the rate of interest for carrying the position forward.

Coc=(basis% *365) / (days-to-expiry)

Near (1), Next (2), Far (3), Long (4) : the data for the 3 month’s series we can see break up as near: for current month(1) next: for month 2 far: month 3 long: for long-dated contracts beyond the 3 regular months

Rollover : is a close estimate of how many

Question 5

Matrix

Accepted Answer

This is a viewing of option data in a cross tab, here you can see multiple strike-wise charts of various f&o data/parameters like price/oi/volume/IV & relative changes.

|| you can choose (keyboard shortcuts also) which data you want to see:-

you can feel live the option writers shifting their position as they are covering short position (short covering & short build.

also you can able to see the chart data for for multiple strikes and multiple time frame in one go…

and finally, the icing on the cake is that you can see multiple sparkline charts across option strikes and multiple expires in one go for** trend comparison** of F&O parameters like OI/IV/Price. ![](https://storage.crisp.chat/users/helpdesk/website/b67ec492-fe9d-426e-a707-9b1fc50e9758/28ecfa43-fe40-4c73-aae8-7c39e353d6c5.png

Question 6

Future

Accepted Answer

Here you can see the future data/parameter in table format.

you can sort any data/parameter in ascending/descending order by just clicking on respective column heading and filter/search any parameter (these screen can be use like spreadsheet/excel).

you can also see the combined data/parameter of all symbol or a group of symbol by selecting stock in FOTYPE

You can also see this data and %chgs across any custom time interval. i.e. 5/10/15/30/60/ 'X' mins for **intraday **changes and Daily / Weekly / Monthly / 'N' days for end-of-day EOD changes , by just choosing from the 'Interval' menu (in GOLD and PLATINUM plans only)

Quickly show/hide specific FnO data parameters/columns by clicking its matching button in the 'Show' Menu , or using the keyboard shortcuts as mentioned in the underlinedletters: eg. if you want to show/hide all data related to alertz, just press 'z' , pressing it again &

Frequently Read Articles

Browse All Categories