Option Chain

Quintal Mind has two live option chains. A short chain in the left panel shows call, put and straddle prices around ATM. The full Option Chain tab under Tools shows every strike with LTP, IV, open interest, OI change and eight option Greeks.

Shows	Call and put prices, straddle, IV, OI, OI change and Greeks per strike
Layout	Calls on the left, strike in the middle, puts on the right
Views	Prices, Greeks I, Greeks II
Instruments	NIFTY, SENSEX, BANKNIFTY, FINNIFTY, MIDCPNIFTY, BANKEX and MCX commodities
Updates	Streams live during market hours
Open it	quintalmind.com/sheets → Tools → Option Chain

What you see

Left-panel chain

Under the watchlist is a compact chain for the selected symbol with four columns: Calls, Strike, Puts and Straddle (call + put at that strike). It shows the ATM (at-the-money) strike with 4 strikes on each side, and the ATM row is highlighted. In the Tools view it widens to 5 strikes on each side when a watchlist group is collapsed.

Tools tab: Option Chain

The full chain for the expiry chosen in the watchlist. Calls sit on the left and puts on the right, mirrored around the Strike column. A bar behind each row shows its open interest against the largest OI in the chain, and in-the-money cells are shaded. Use the Prices, Greeks I and Greeks II buttons to switch the columns.

Prices (LTP in ₹):

• LTP: the option price. When both bid and ask are live it is the middle of the two, otherwise the ask, the bid or the last traded price.
• IV: implied volatility in %, worked out from that price. Index options use Black-Scholes with the interest rate implied by the call and put prices. MCX options use Black-76, priced off the future.
• Chg OI: open interest change since the market opened. Green for a rise, pink for a fall.
• OI: open interest, in K, L (lakh) or Cr (crore).

Greeks I (per 1 point, per 1 day, per 1 vol point):

• Delta: change in option price for a 1-point move in the underlying.
• Theta: change in option price per day as time passes.
• Vega: change in option price for a 1-point change in IV.
• Rho: change in option price for a 1-point change in the interest rate.

Greeks II (per 1000 points of spot, because the raw numbers are very small):

• Gamma: how fast delta changes as the underlying moves.
• Vanna: how delta changes when IV changes.
• Charm: how delta changes as time passes.
• Vomma: how vega changes when IV changes.

The Greeks at each strike use one volatility, the average of the call IV and the put IV, so gamma, vega, vanna and vomma match for the call and put at a strike.

How to use it

1. Sign in with your broker and open Sheets.
2. Pick a symbol and expiry in the watchlist. The left-panel chain updates at once.
3. Switch the top of the left panel to Tools and open the Option Chain tab.
4. Choose Prices, Greeks I or Greeks II. On a narrow screen, scroll sideways to see all call and put columns.

Related

• Intraday charts plots PCR, max pain, ATM IV and OI change from the same chain.
• Vol surface shows IV across strikes through the day.
• Watchlist is where you choose the symbol and expiry.

FAQ

Where can I see a live NIFTY option chain with Greeks?

In Quintal Mind, open Sheets, switch to Tools and pick the Option Chain tab. The Greeks I view shows delta, theta, vega and rho, and the Greeks II view shows gamma, vanna, charm and vomma for every call and put.

How is IV calculated in the option chain?

Each option IV is worked out from the middle of its bid and ask price, using Black-Scholes for index options and Black-76 for MCX options, which are priced off the future.

What does Chg OI mean in the option chain?

Chg OI is the change in open interest since the market opened that day. A rise is shown in green and a fall in pink.