Live Option Chain — NIFTY, Bank Nifty, Stocks & Commodities

Track the live NSE & MCX option chain in real time. Pick any index, F&O stock or commodity and expiry to see Calls (CE) and Puts (PE) side by side — last traded price, open interest (OI), change in OI, volume and implied volatility (IV) at every strike, with the at-the-money strike highlighted.

What is an Option Chain?

An option chain (also called an option matrix) is a live table that lists every Call (CE) and Put (PE) contract available for an underlying — such as NIFTY, Bank Nifty, Sensex, an F&O stock or an MCX commodity — for a chosen expiry date. Calls are shown on the left, Puts on the right, and the strike prices run down the centre.

For each strike you can read the last traded price (LTP), open interest (OI), change in OI, traded volume and implied volatility (IV). Reading these together tells you where traders are building or unwinding positions, which strikes are acting as support and resistance, and how expensive options are relative to expected movement.

How to Read the Option Chain

The at-the-money (ATM) strike — the strike closest to the current spot price — is highlighted so you can orient quickly. Strikes below spot are in-the-money (ITM) for Calls and out-of-the-money (OTM) for Puts; strikes above spot are the reverse.

  • LTP — the last traded price of that Call or Put contract.
  • OI (Open Interest) — the total number of outstanding contracts at that strike; high OI marks strong support (Puts) or resistance (Calls).
  • Change in OI — how OI has moved intraday; OI addition confirms a level, OI unwinding warns it may break.
  • Volume — contracts traded today; shows where activity is concentrated.
  • IV (Implied Volatility) — the market’s expectation of movement priced into the option; rising IV makes options costlier.

Open Interest, Change in OI, PCR & Max Pain

Open interest is the backbone of option-chain analysis. The strike with the highest Call OI often acts as resistance, while the strike with the highest Put OI often acts as support. Watching change in OI through the day shows whether those walls are being reinforced or removed.

The Put-Call Ratio (PCR) — total Put OI divided by total Call OI — is a quick sentiment gauge: a high PCR can signal an oversold, potentially bullish setup, while a low PCR can signal an overbought, potentially bearish one. Max Pain is the strike at which option buyers would lose the most and writers gain the most; price often gravitates toward it near expiry.

NIFTY, Bank Nifty, Sensex & Stock Option Chains

This tool covers the most-traded index option chains — NIFTY, Bank Nifty, Sensex, FinNifty and Midcap Nifty — plus a wide list of NSE F&O stocks such as Reliance, TCS, HDFC Bank, Infosys, ICICI Bank and SBI. Switch underlyings instantly from the search-and-select panel and the chain reloads for your selected expiry.

Index option chains are ideal for gauging broad-market sentiment and trading weekly and monthly expiries, while stock option chains help you position around results, news and stock-specific momentum.

Commodity Option Chains — Gold, Silver & Crude Oil (MCX)

Beyond equities, you can view live MCX commodity option chains for Gold, Gold Mini, Silver, Silver Mini, Crude Oil, Natural Gas and Copper. Commodity options let traders hedge and speculate on global metal and energy moves with the same CE/PE, OI and IV framework used for index and stock options.

How to Use This Live Option Chain

Search or select an underlying in the left panel, choose an expiry from the dropdown, and the Calls–Strike–Puts ladder loads instantly with the ATM strike centred. Increase the strike count to see deeper in- and out-of-the-money contracts. The spot and near-month futures price sit in the header so you always know where the underlying is trading.

Related F&O Tools

Live Futures →
F&O Trading Guide →
Trading Signals →
Brokerage Calculator →

Key Option Chain Terms Explained

A contract giving the right to buy the underlying at the strike price. Calls gain value when the underlying rises.

A contract giving the right to sell the underlying at the strike price. Puts gain value when the underlying falls.

The fixed price at which an option can be exercised. The chain lists many strikes above and below the current spot price.

The most recent price at which that Call or Put option traded.

The total number of outstanding contracts at a strike. High Call OI signals resistance; high Put OI signals support.

The intraday movement in open interest. OI build-up strengthens a level; OI unwinding weakens it.

The market’s expected movement priced into the option. Higher IV makes options more expensive.

Total Put OI divided by total Call OI. A high PCR leans bullish (oversold); a low PCR leans bearish (overbought).

The strike at which the most option buyers lose money; price often gravitates toward it near expiry.

At-the-money is the strike nearest spot; in-the-money has intrinsic value; out-of-the-money has none.

The fixed quantity per F&O contract — e.g., NIFTY 65, Bank Nifty 30, Reliance 500.

The date a contract settles — weekly and monthly for indices, monthly for stocks and commodities.

Option Chain — Frequently Asked Questions

An option chain is a live table of all Call (CE) and Put (PE) option contracts for an underlying and expiry, showing each strike’s last price, open interest, change in OI, volume and implied volatility. It helps traders read sentiment and find support and resistance.

Find the at-the-money strike (nearest to spot, highlighted), then compare Call OI above spot (resistance) with Put OI below spot (support). Rising change in OI confirms a level; falling OI warns it may break. LTP shows the option price and IV shows how expensive it is.

Open Interest is the total number of outstanding (not yet closed) option contracts at a strike. High Call OI often signals resistance and high Put OI often signals support. It is one of the most important columns for option-chain analysis.

Change in OI is how a strike’s open interest has moved during the session. OI addition (long build-up or short build-up) reinforces a level, while OI unwinding suggests positions are being closed and the level may not hold.

PCR is total Put open interest divided by total Call open interest across the chain. A high PCR can indicate an oversold, potentially bullish market, while a low PCR can indicate an overbought, potentially bearish market. It is a quick sentiment gauge.

Max Pain is the strike price at which the largest number of option buyers would lose money and option writers would profit most. Prices often drift toward the max-pain strike as expiry approaches.

Implied Volatility is the market’s expectation of how much the underlying will move, priced into the option. Higher IV makes options more expensive; falling IV makes them cheaper. Comparing IV across strikes reveals the volatility skew.

Yes. The option chain is free to use and streams real-time prices for the selected underlying and expiry, with the at-the-money strike highlighted and spot and futures prices in the header.

You can view option chains for indices (NIFTY, Bank Nifty, Sensex, FinNifty, Midcap Nifty), leading NSE F&O stocks (Reliance, TCS, HDFC Bank, Infosys, ICICI Bank, SBI and more) and MCX commodities (Gold, Silver, Crude Oil, Natural Gas, Copper).

CE is a Call option and PE is a Put option. ATM (at-the-money) is the strike nearest the spot price; ITM (in-the-money) has intrinsic value; OTM (out-of-the-money) has none. Calls are ITM below spot and Puts are ITM above spot.

Popular Option Chain Searches

NIFTY option chain todayBank Nifty option chain liveoption chain with OIPCR NIFTYmax pain NIFTYhighest OI strikeSensex option chainFinNifty option chainlive option chain NSEweekly expiry option chainReliance option chainGold option chain MCXSilver option chainCrude Oil option chainimplied volatility NIFTYchange in OI liveCE PE OI dataoption chain analysis