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已更新 NSE Option Strike Prices by GoldenJet
NSE Option Strike Prices Dashboard by GoldenJet
This Pine Script indicator is designed specifically to assist option buyers in making more informed decisions when trading NSE index options (NIFTY, BANKNIFTY, FINNIFTY, and MIDCAP NIFTY).
Key Benefits for Option Buyers:
It displays live Last Traded Prices (LTP) for 7 key strikes around a reference ATM level: 3 strikes below, the ATM, and 3 strikes above.
Helps buyers prioritize In-The-Money (ITM) strikes, which generally offer higher delta and better probability of profit compared to At-The-Money (ATM) or Out-Of-The-Money (OTM) options.
OTM strike prices are intentionally highlighted in RED color (with smaller font) to visually discourage selection of lower-probability OTM options, encouraging buyers to focus on ITM strikes for safer premium decay and directional plays.
The ATM strike is prominently highlighted for quick reference.
Real-time spot price is used to identify the true ATM, ensuring the dashboard reflects current market conditions.
This tool promotes disciplined strike selection by making it easy to spot premium levels across relevant strikes, reducing the risk of overpaying for OTM options with low intrinsic value.
How to Use:
Apply the indicator to any chart (preferably the underlying index chart, e.g., NSE:NIFTY).
Manual Inputs Required:
Spot Symbol: Choose from NIFTY, BANKNIFTY, FINNIFTY, or MIDCAP.
Strike Interval:
NIFTY: 50
BANKNIFTY: 100
FINNIFTY: 50
MIDCAP NIFTY: 25
Expiry Date: Enter Day (e.g., 23), Month (e.g., 12), Year (e.g., 25) for the target weekly/monthly expiry (format: DD MM YY).
Reference ATM Strike: Manually enter the approximate current ATM strike (e.g., closest strike to spot price). This anchors the 7 strikes displayed.
Customize layout: Dashboard position (e.g., bottom_right) and font size for better visibility.
The dashboard appears as a clean table overlay with columns for CE LTP, Strike, and PE LTP, updated in real-time.
Ideal for intraday or expiry-day option buyers looking to avoid common pitfalls like chasing cheap OTM premiums.
Feel free to use and share — happy trading!
This Pine Script indicator is designed specifically to assist option buyers in making more informed decisions when trading NSE index options (NIFTY, BANKNIFTY, FINNIFTY, and MIDCAP NIFTY).
Key Benefits for Option Buyers:
It displays live Last Traded Prices (LTP) for 7 key strikes around a reference ATM level: 3 strikes below, the ATM, and 3 strikes above.
Helps buyers prioritize In-The-Money (ITM) strikes, which generally offer higher delta and better probability of profit compared to At-The-Money (ATM) or Out-Of-The-Money (OTM) options.
OTM strike prices are intentionally highlighted in RED color (with smaller font) to visually discourage selection of lower-probability OTM options, encouraging buyers to focus on ITM strikes for safer premium decay and directional plays.
The ATM strike is prominently highlighted for quick reference.
Real-time spot price is used to identify the true ATM, ensuring the dashboard reflects current market conditions.
This tool promotes disciplined strike selection by making it easy to spot premium levels across relevant strikes, reducing the risk of overpaying for OTM options with low intrinsic value.
How to Use:
Apply the indicator to any chart (preferably the underlying index chart, e.g., NSE:NIFTY).
Manual Inputs Required:
Spot Symbol: Choose from NIFTY, BANKNIFTY, FINNIFTY, or MIDCAP.
Strike Interval:
NIFTY: 50
BANKNIFTY: 100
FINNIFTY: 50
MIDCAP NIFTY: 25
Expiry Date: Enter Day (e.g., 23), Month (e.g., 12), Year (e.g., 25) for the target weekly/monthly expiry (format: DD MM YY).
Reference ATM Strike: Manually enter the approximate current ATM strike (e.g., closest strike to spot price). This anchors the 7 strikes displayed.
Customize layout: Dashboard position (e.g., bottom_right) and font size for better visibility.
The dashboard appears as a clean table overlay with columns for CE LTP, Strike, and PE LTP, updated in real-time.
Ideal for intraday or expiry-day option buyers looking to avoid common pitfalls like chasing cheap OTM premiums.
Feel free to use and share — happy trading!
版本注释
Updated Font Size and Background color for better aesthetic受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。