Wednesday, January 14, 2009

Nice display of intra-day option data

When there are a large number of option strikes and maturities, the human mind suffers from immense information overload. Nice displays of information are crucial for a mere mortal to be able to take in this information and turn it into good decisions. As David Gelernter might have said, beauty is the only defence against complexity.

Today NSE has released a sweet and simple display summarising data for options at all strike prices for one underlying at one expiration date. Click on any of the strikes for another slice on this data. Or if you want a more interesting example, here's Satyamcomp. I feel this display will be extremely valuable to anyone trading the option market. Suggestion to NSE: Why not have this page update in realtime without my hitting Apple-R?

7 comments:

  1. The page is beautiful.

    I only wish NSE adds an additional page to this: Frequency distribution graph of daily change in OI for each strike price showing both, chg in OI for the put as well as the call options.

    ReplyDelete
  2. they should add implied vol colum

    ReplyDelete
  3. Without a doubt, NSE is setting good standards, as far as data dissemination is concerned.

    The new options page is quite useful.

    ReplyDelete
  4. Take a look at http://www.xpertoptions.com/Members/OptionChain.aspx

    The site has interesting features, but they have not been updating data daily

    ReplyDelete
  5. AFAIK, you get option data in this format on bloomberg terminal...

    ReplyDelete
  6. you cannot paste it as a web query in excel to do more calculations... it gives a line 49 error which requires debugging... try it...

    hope someone points it out to nseindia... (or maybe it was intentional !)

    reg

    ReplyDelete
  7. pandyaketan,

    Try copying the entire page (use CTRL A), copy ( CTRL C ) and then save in Excel sheet ( CTRL V).

    It works :)

    Hope this solves it

    ReplyDelete

Please note: Comments are moderated; I will delete comments that misbehave. The rules are as follows. Only civilised conversation is permitted on this blog. Criticising me is perfectly okay; uncivilised language is not. I delete any comment which is spam, has personal attacks against anyone, or uses foul language.