Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
More specifically, high open interest in call options signifies a bullish sentiment, while high open interest in put options suggests a bearish sentiment. Open interest is tracked separately for call and put options.
LTP (Last Traded Price) – is the last traded price or premium price of an option. CHNG – is the net change in LTP.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.