Option chain part 1

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.