Option chain

An Option Chain is like a menu of all available option contracts for a stock or index (like NIFTY 50 or Bank Nifty).

It shows:

Different strike prices (price levels)
Call options (CE) and Put options (PE)

Option chain is a list of all available call (CE) and put (PE) options for an index like NIFTY 50.

It shows different strike prices where traders expect the market to move.

Call options mean traders expect the market to go up.

Put options mean traders expect the market to go down.

Open Interest (OI) shows how much money or positions are active at a level.

High OI in puts indicates support, and high OI in calls indicates resistance.

Change in OI tells whether traders are adding or closing positions.

Volume shows how much trading activity is happening in a particular option.

Option chain helps identify market direction and key levels.

In simple terms, option chain shows where big traders are placing their bets.