Strategy builder, backtester and broker-connected execution tools for Indian markets
Options Trading

Chain, OI, payoff and hedge baskets

You choose the contract. Anadi shows the facts around it: premium, move needed to break even, theta per day, bid-ask spread, OI, and the payoff of the structure you build. Full chain, strategy finder, and hedge desk.

NIFTY Option Chain · 13 Mar (7d)
Spot 22,456PCR 0.92IVR 42
CE OICE LTPStrikePE LTPPE OI
38L178.6022,400122.4062L
35L148.2022,450142.0075L
52L118.4022,500168.8048L
StraddleStrangleIron CondorBull PutBear Call+7 more
Underlying
NIFTYBANKNIFTYFINNIFTYMIDCPNIFTY
|Expiry
06 Mar (0d)13 Mar (7d)27 Mar (21d)24 Apr (49d)
Spot22,456.80+0.42%
PCR0.92
Max Pain22,500
IVR42/100
ATM IV14.5%
India VIX13.82
|
Expiry7d 4h 18m
|Mildly Bullish
Easy TradeOption ChainOI AnalysisStrategy FinderIV & ThetaHedge DeskTrade ToolsMy Options
What do you want to do?
Buy an optionSingle leg
Read the chainOI, support, walls
Limit thetaSpread route
HedgeProtect a position
Contract contextFacts for the strike you selected. The decision is yours.
•IV rank: 42/100
•Session: morning
•Days to expiry: 7
•Spot vs max pain: 43 pts below
•ATM bid-ask spread: ₹0.9
•India VIX: 13.82
Your Selected Contract
NIFTY 22450 CEATM
Premium₹142Move needed+0.63%Theta/day-₹12.8Spread₹0.9
RiskTheta eats ₹640/day per lot. If Nifty doesn't move 142pts, 100% loss.
Payoff at Expiry (calculator)
+300 pts
+₹7,900
+150 pts (BE)
₹0
Flat
-₹7,100

Convert to Spread reduces theta by adding a short leg

Illustration of the screen layout. Not a result.

Option Chain

NIFTY22,456.80+0.42%|Expiry: 13 Mar|Showing 5 strikes around ATM
Calls (CE)StrikePuts (PE)
OIIVLTPLTPIVOI
42L16.2%245.3022,30088.5015.8%55L
38L15.4%178.6022,400122.4015.1%62L
35L14.8%148.2022,450ATM142.0014.5%75L
52L14.2%118.4022,500168.8014.0%48L
45L13.5%72.5022,600228.6013.8%35L
Strategy Preview: Short Straddle
SELL NIFTY 22450 CE @ 148.20 × 50
SELL NIFTY 22450 PE @ 142.00 × 50
Margin Est.~1,24,500Max Profit14,510Max LossUnlimitedUpper BE22,740Lower BE22,160

OI Analysis

Put Support (Bullish)
22,20075L
22,10062L
22,00055L
Max Pain22,500Spot: 22,456 (43 pts below)
PIN RISK ZONE
Call Wall (Resistance)
22,70052L
22,80048L
22,90041L
Put Support:22,200 (75L)·22,100 (62L)·22,000 (55L)
Call Wall:22,700 (52L)·22,800 (48L)·22,900 (41L)

Strategy Finder

Select a strategy template to auto-build with current ATM strikes
Neutral
StraddleSell ATM CE + PE
StrangleSell OTM CE + PE
Iron CondorSell OTM + buy wings
Iron FlySell ATM + buy wings
Directional
Bull PutSell PE + buy lower PE
Bear PutBuy PE + sell lower PE
Bull CallBuy CE + sell higher CE
Bear CallSell CE + buy higher CE
Volatility
Long StraddleBuy ATM CE + PE
Long StrangleBuy OTM CE + PE
Call ButterflyBuy-Sell-Buy CE ladder
Put ButterflyBuy-Sell-Buy PE ladder

Hedge Desk

Hedge PositionsOption Chain
NIFTY Short StraddleNFO
—Net P&L
InstrumentSideQtyEntryLTPP&LActions
NIFTY 22450 CESHORT50215.40198.60—Roll|Close
NIFTY 22450 PESHORT50198.20210.80—Roll|Close
Close AllRollScale DownTrailing SL
Breakout 20D ScannerNFO
—Net P&L
InstrumentSideQtyEntryLTPP&LActions
BANKNIFTY 48200 PESHORT30142.50118.30—Roll|Close
BANKNIFTY 47800 PELONG3085.6068.40—Roll|Close
Close AllRollScale DownTrailing SL

Illustration of the screen layout. Not a result.

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