InstaOptions is a specialized options trading and analytics platform designed for Indian traders, primarily focusing on NSE Futures and Options. It integrates with several leading brokers like Aliceblue, AngelOne, and HDFC Sky, among others, to provide a seamless trading experience. Here’s a brief technical overview of its key features:
Advanced Options Chain Analyzer:
This feature presents real-time data and analytics on options chains. It includes details on the Greeks, implied volatility, and other essential metrics that traders need to make informed decisions.
Supported Brokers
One of InstaOptions’ significant advantages is its ability to integrate directly with various brokers, allowing traders to place and monitor trades within the platform, streamlining the trading process.
Combined Premium in Tradingview Charts (Realtime)
Traders can view the combined premiums of options at different strike prices, offering a consolidated view that aids in decision-making. Interactive Tradingview charts are added for better visualization of the options price and options spread data.
Open Interest Charts
The platform provides in-depth insights into market sentiment through open interest statistics and Put-Call Ratio charts. These tools help traders understand the liquidity and sentiment in the options market.
Strategy Builder and Payoff Graph
Users can design and test complex options strategies with this tool, assessing potential pay-offs without risking real capital. It’s a valuable feature for both novice and experienced traders to visualize and plan their trades.
Payoff Simulation and Option Greeks
InstaOptions includes a library of pre-defined options strategies that traders can employ directly or customize according to their trading style and market outlook.
Trending OI Stats
The platform offers intraday open interest data updated every 3 minutes, ensuring traders have access to the latest market activity and can react swiftly to changing market conditions.
Call Vs Put OI Analysis
Visualization of Multi-Strike OI
Placing Basket Orders
Placing basket orders in InstaOptions is a sophisticated feature that allows traders to execute multiple trades simultaneously. This functionality is particularly useful for traders who want to implement complex strategies that involve several options contracts.The ‘Analyze’ button offers a way to evaluate the basket’s potential performance before execution
InstaOptions is built to offer a comprehensive and user-friendly trading experience for Indian options traders. Its range of features, from real-time analytics to strategy testing and broker integration, makes it a potent tool for anyone looking to trade options in the NSE efficiently.
Very good platform for option traders
As I am a beginner , I want to know is it a software ? Is it provide VWAP and OI : OI(Change) ratio ?
It is a Web Portal. Currently VWAP is not provided but they they provide OI Change but I doubt about the OI Ratio