Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Various useful charts for Nifty Options using Options Oracle

46 sec read

Using Options Oracle is usually very simple thing. One can gain more number of informations about the nifty movement when trying to digging
into the Charts and Open Interest part of Nifty Options. Here are some of the useful charts like Option chain, Putcall ratio, Volatility Smile snapshots for Nifty options obtained using options oracle software. To get these charts simply download and install options oracle

 
Configuring Options Oracle for Indian Option market is simple. Goto the configuration section in the options oracle. Just click on the strong>config button and to open the Configuration dialog box and select Plugin Server India (NSE) from the drop down menu as shown in second snapshot and click on save to Save the current configuration

Configure Options Oracle -Snapshot

Configure Options Oracle -Snapshot

Now go to the Main Application window and in the Symbol text box type Nifty and hit enter. This will load the complete Options Data of nifty and now one can get charts like Nifty options, Volatility smile, Putcall ratio , Volatility cone and even one can try his own option strategies and test and monitor the results and evaluate his/her own strategic performance at real time

Nifty Option Pain – August Series

Volatility Smile – August Series

Put Call Ratio Chart – August Series

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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7 Replies to “Various useful charts for Nifty Options using Options Oracle”

  1. Dear Rajendran,

    May I request you to elaborate on the put-call ratio – the interpretation and the implications please. It will be helpful for us to understand.

    Regards,

    Veer

  2. I tried many times to use nifty as a symbol in option oracle. but it doesn’t work. Even though installing several times i couldn’t able to use nifty. pls guide me.

  3. Dear Rajendran

    why there is difference in implied volatility of option chains in option oracle with that of NSE site

  4. Hi

    I have installed Option Oracle. To configure Plugin Server India (NSE), I do not get drop down menu in configuration section. Please help how to get drop down menu.

  5. I have installed Option Oracle. To configure Plugin Server India (NSE), I do not get drop down menu in configuration section. Please help how to get drop down menu.

  6. should options be sold when they are cheap.
    That is, referring to the volatility cone in options oracle, should options be sold when the implied volatility is below the mean value. Please reply

  7. I have installed Option Oracle. and successfully run but now since two days it is not working however it is configured Plugin Server India (NSE), and I am getting in drop down menu in configuration section. but updates are not showing Please help how to get correct. Thanks, Anoop Tandon. Lucknow. and please advice such other live delta computing software with live update.

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