An options dashboard displaying real-time call and put strike prices across 16 strikes, helping traders analyze market sentiment and potential trend direction through options data visualization.
Explore complementary indicator rolesHow it works
The options dashboard presents a comprehensive view of market sentiment by displaying 16 call and put strikes, with 8 strikes above and below the At-The-Money (ATM) point. Each strike includes key data points like latest price (LTP), price change, and percentage change, color-coded to indicate positive or negative movements.
The ATM strike is highlighted in bold, providing traders with a central reference point for market analysis. Traders input the spot symbol, contract expiry date, strike interval, and reference ATM strike to generate the dashboard. The visual representation allows quick interpretation of market dynamics by comparing call and put side movements, enabling rapid assessment of potential market trends and sentiment.
Why it may be useful
Options data provides critical insights into market sentiment and potential price movements that may not be immediately visible through price charts alone. By analyzing the relative performance of call and put options across different strikes, traders can gain a deeper understanding of underlying market psychology and potential trend reversals.
The color-coded dashboard enables quick visual recognition of market sentiment, helping traders identify bullish or bearish conditions rapidly. The comprehensive display of multiple strikes allows for a more nuanced view of market dynamics, potentially revealing subtle shifts in trader expectations before they manifest in direct price movements.
When to explore it
This options dashboard is most effective during periods of market uncertainty or potential trend transitions, where options data can provide leading indicators of market sentiment. It is particularly useful for traders seeking to understand underlying market dynamics beyond simple price action, offering insights into potential future price movements.
Traders should use this tool in conjunction with other technical and fundamental analysis methods, as it serves as a confirmatory signal rather than a standalone trading strategy. It is especially valuable during earnings announcements, economic events, or periods of significant market volatility where options pricing can reflect complex market expectations.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
