Nifty Bank Option Chain
A real-time Nifty Bank option chain, streamed straight from the NSE feed. Every strike carries last-traded price, open interest and today's OI change, implied volatility, volume and the full greeks, with the at-the-money strike highlighted and the spot and PCR live above the table. Below it you get open interest charted by strike, the call and put walls that act as resistance and support, and Max Pain.
Option Chain
— · live LTP, OI & greeks across — strikes.
About Nifty Bank
Nifty Bank holds the most liquid banking names on the NSE, a concentrated and high-beta basket in which the top few constituents carry most of the weight. It habitually travels further than the Nifty 50 on the same news, which is why traders reach for it when they want range rather than direction.
How to read the Nifty Bank option chain
Calls sit on the left of the table, puts on the right, and the strike price runs down the middle. The at-the-money strike is highlighted, and in-the-money rows are shaded on each side — so the shading crosses over at the money, which is the fastest way to find where price actually is.
Four columns carry most of the information. LTP is the last traded premium. OI is how many contracts remain open at that strike, and OI change is how that has moved today — the difference between a level that has been crowded for a week and one that is being built right now. IV is the implied volatility the market is charging, and comparing it across strikes shows you the skew: which side traders are paying up to own.
Two things make this chain read differently from NIFTY. The strike grid is wider, and the index's larger point moves mean premiums swing far more in absolute rupees for the same percentage move in the underlying. Watch the call and put OI walls in particular: with a concentrated constituent list they tend to settle on rounder, stickier levels.
Below the table, open interest is charted by strike so the walls are visible at a glance, alongside Max Pain and the put-call ratio. Hovering any cell brings up that leg's day open, high, low, previous close, greeks and last trade time.
Nifty Bank contract specifications
- Exchange
- NSE
- Underlying
- Nifty Bank index
- Lot size
- 30
- Quoted in
- rupees per index point
- Expiry cycle
- Monthly
- Trading hours
- 9:15 AM to 3:30 PM IST, Monday to Friday
Lot sizes and expiry cycles are revised by the exchanges from time to time. Confirm against the current NSE contract specification before sizing a position — the days-to-expiry shown above the live data is always taken from the contract actually being streamed.
Nifty Bank option chain — common questions
How do I read open interest on the Nifty Bank chain?
Open interest is the number of contracts still open at a strike, and its change through the day is the useful part. Rising OI with a rising premium is fresh buying; rising OI with a falling premium is fresh writing. The strike carrying the largest call OI tends to act as resistance and the largest put OI as support. Two things make this chain read differently from NIFTY. The strike grid is wider, and the index's larger point moves mean premiums swing far more in absolute rupees for the same percentage move in the underlying. Watch the call and put OI walls in particular: with a concentrated constituent list they tend to settle on rounder, stickier levels.
What does the Nifty Bank PCR tell me?
The put-call ratio is total put open interest divided by total call open interest across the strikes on this page. Above roughly 1.0 more puts are open than calls, which is conventionally read as bullish positioning because puts are predominantly written; below 1.0 the reverse. It is a positioning gauge, not a signal, and it is most informative when you watch it move rather than when you read a single value.
What is Max Pain on Nifty Bank?
Max Pain is the strike at which the total intrinsic value of all in-the-money options — the amount option writers would have to pay out — is at its minimum. The theory is that price gravitates toward it into expiry because writers are the better-capitalised side. Treat it as one input among several: it is computed from the current open-interest snapshot and it moves as that snapshot changes.
Bank Nifty or NIFTY — which chain should I be watching?
They answer different questions. NIFTY is the broad market and the deeper book; Bank Nifty is concentrated in lenders and moves further on the same news, so its premiums are larger in absolute terms. If you are trading range or volatility, Bank Nifty usually offers more of it. If you want the cleanest read on positioning, NIFTY's chain is more informative.
Is this Nifty Bank option chain live?
Yes. Bullmatics holds one streaming connection to the exchange feed and fans every tick out to all visitors over a single websocket, so the option chain on this page updates in real time during market hours (9:15 AM to 3:30 PM IST, Monday to Friday). Outside those hours it shows the last completed session rather than going blank.
What is the Nifty Bank option lot size?
Nifty Bank options trade in lots of 30, quoted in rupees per index point. So a premium of 100 is worth 3,000 rupees per lot. Exchanges revise lot sizes periodically — check the current NSE contract specification before you size a position.
Do I need an account or a broker login to use this?
No. There is no signup, no broker login and no paywall. The option chain above is the same data every other visitor sees, streamed from one shared market connection. Bullmatics is an analytics and education tool only — you cannot place orders here, and nothing on this page is investment advice.
What are the Nifty Bank option trading hours?
Nifty Bank options trade 9:15 AM to 3:30 PM IST, Monday to Friday, and the exchange is closed on its published trading holidays. The 9:00 to 9:15 AM pre-open period is not charted here — that move is reported as the day change above the chart instead.
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Bullmatics is an independent analytics and education tool. It is not a SEBI-registered investment adviser or research analyst, and nothing on this page is investment advice or a recommendation to trade. Market data is provided on a best-effort basis and may be delayed or incomplete.