What is an Option Chain?
An option chain is a table that lists all the Call and Put contracts available for an index or stock, like NIFTY, BANKNIFTY or a company share, for a chosen expiry date. For each strike price, you can see the Last Traded Price (LTP), Open Interest (OI), change in OI, volume and implied volatility (IV). It gives you a quick picture of what traders are doing in the market, all in one place.