Glossary
Option chain: meaning, example and why it matters
A table listing the available call and put options for an underlying asset across strike prices and expiries, with their premiums, volumes and open interest.
Worked example
If an index is at 24,050, the 24,000 call is ₹50 in the money (intrinsic value 24,050 − 24,000) and the 24,000 put is out of the money. A chain shows these strikes side by side with premiums, volumes and open interest.
Illustrative numbers for explanation only. They are not market data, a forecast or a suggestion.
Why it matters
It puts all available strikes and expiries of an underlying in one table, so you can see how option prices change with strike.
Related terms
See it in practice
Frequently asked questions
Where does option chain data come from?
From the exchange's trading data for each strike and expiry, shown with premiums, volume and open interest.
Is this page investment advice?
No. Option chain is explained in general terms with illustrative numbers. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser.
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Educational content, not investment advice. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser. Spotted a mistake? Email marketdekho01@gmail.com.