How to Analyze Sensex Option Chain Like a Pro

Understand the basics of option chain

Analyze the open interest and volume. This will help you to gauge the liquidity.

Check the strike price and expiry date. These data are avialable on BSE SENSEX option chain.

Look for trends in the option chain. Locate trading range pivot strike and then go for finding trend.

Identify support and resistance levels. You can mark them by marking call and put positions on the chain.

Shifting Trading Range as well as Pivot strike is a good indicator of trend. You can spot them in live option chain.

Make informed decisions based on analysis. Option chain provide you with a lot of data that can help you in making an informed decisions.

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