How to Analyze Sensex Option Chain Like a Pro

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Understand the basics of option chain

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

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

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

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

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

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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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