FNOTrader Options Analytics — User Guide

Welcome to FNOTrader Options Analytics

This is a real-time terminal for Indian F&O options trading. It does two jobs, and this guide is split to match them:

Analyse here, execute here
The analytics on the left tell you what to trade; the execution pages let you do it. The Option Terminal and Strategy Builder place and run live orders through your connected broker (via Open XTS), Copy Trading mirrors a single order across several accounts at once, and the guards manage and exit your positions for you. Prefer a clean execution-only desk? The same Terminal is also served standalone at terminal.fnotrader.com — F&O execution only, same single sign-on.

Pick your reading path

🌱 New to options
Just learning what calls and puts are. Want to start trading carefully.
📊 Already trade options
Familiar with strikes, premiums, and Greeks. Want to find & fire trades faster.
🎯 Pro / quant
Comfortable with vol surfaces, condors, calendars. Want efficient ops + automation.
GEX, Composite, TapeBuilder (multi-expiry) → Copy Trading · Alert auto-order.
What you'll need
A FNOTrader account login (you've done this — you're reading the help). To trade live, a broker account connected under Brokers (or use the Demo paper account to practise). Data refreshes every 3–5s during market hours; auto-refresh is off-hours-aware.


Options primer — the bare essentials

Skip this if you already know what CE/PE, ATM/OTM/ITM, and Greeks mean. Otherwise, 5 minutes here saves hours of confusion later.

Calls (CE) and Puts (PE)

Strikes — ATM, OTM, ITM

Every contract has a "strike price" — the price at which the option can be exercised. Strikes are spaced in fixed steps (NIFTY: 50pt, BANKNIFTY: 100pt, SENSEX: 100pt).

Premium = Intrinsic + Time value

The price you pay for an option (premium) has two parts:

Greeks — the four numbers you watch

GreekWhat it measuresQuick read
Δ DeltaHow much premium changes per ₹1 spot moveATM ≈ 0.5 (CE) or −0.5 (PE). Deeper ITM → closer to ±1. Use to build hedges or directional bets.
Γ GammaHow much delta changes per ₹1 spot moveHighest at ATM, especially near expiry. High gamma = rapid delta swings.
Θ ThetaHow much premium decays per dayNegative for buyers, positive for sellers. Bigger near expiry. ATM straddle on expiry day decays ~half its value.
ν VegaHow much premium changes per 1% IV changeHigher for ATM and longer-dated options. Long vega benefits from rising IV; short vega benefits from falling IV.

Implied Volatility (IV)

IV is the market's forecast of how much spot will move (in % annualized). High IV = expensive options; low IV = cheap. Compare today's IV to its recent range — the VIX index does this for NIFTY at the index level. The Strategy Builder shows IV per strike; the IV Skew column on the chain shows the spread between OTM-PE and OTM-CE IVs (positive skew = puts more expensive than calls = market pricing downside risk).

Trader's mental model
You're not betting on direction alone — you're betting on a combination of price (delta), pace of movement (gamma), time (theta), and volatility (vega). Every strategy in the Builder trades off these four. When you understand which Greek you're long/short, you understand your risk.

Top bar & navigation

The top bar is the same on every page:

ControlWhat it does
SearchType any underlying symbol (NIFTY, BANKNIFTY, SENSEX, RELIANCE, TCS, etc.). Auto-completes from the FNO universe. Selecting a symbol switches every page to that underlying. Current spot + day change shown next to symbol.
ExpiryDropdown listing all live expiries for the symbol. Switches every page to that expiry. Weeklies first, then monthlies.
Prev Close / Day OpenToggles the "change basis" used in every Δ column across the app. Prev Close = today's change since yesterday's close. Day Open = today's change since today's open (useful for intraday momentum reads).
Auto + 3s/5s/10s/30sAuto-refresh toggle and interval. Default is 3s during market hours, paused outside. Refresh button forces an immediate reload.
HoverToggles the hover-preview chart that appears when you mouse over a CE/PE price cell on the chain or table pages. Off if you find it distracting.
Dark / Blue / LightTheme. Persisted in your browser.
? HelpOpens this user guide in a new tab.
Sign outClears your session locally AND on all sister apps (e.g., fp.fnotrader.com) via single sign-out.

Menus — grouped by task

Pages are organised into top-bar menus — Dashboard, Analysis (chain, OI, Greeks, tape…), Straddle, Strategy (Builder, Terminal, Strategy View…), Stocks, Market (scanners & internals), Terminal, Brokers, Events and FII/DII. Everything in this guide is reachable from one of them.



1 · Options analytics

The find-and-analyse half of the platform. Every page below shows what it displays, what each control / column / colour means, and — most importantly — how a trader actually uses it to make a decision. Each one carries a mockup of the real prod UI so you know what you're looking at before you open it. Pages share the top-bar symbol and expiry, so switching either re-points the whole app.

Option chain

The live CE/PE board for every strike around ATM — your home page. Calls on the left, the strike in the middle, puts on the right (NSE-style), updating tick-by-tick. This is where most traders start the day: read positioning, spot the walls, pick a strategy.

SPOT 24,050 ATM 24,050 IV Skew +1.4 PE>CE Max Pain 24,000 PCR 0.92
Sentiment: Mildly bearish Suggested: Bear Call Spread ▾ Columns ▾
CALLS STRIKE PUTS
OI(L)IVLTPLTPIVOI(L)
38.213.114223,9506114.229.4
44.912.89824,0008813.952.1
27.613.412024,05011813.631.8
19.313.97124,10016013.222.5
12.114.64724,15021512.916.0
Option Chain — stat cards, sentiment + suggested-strategy chips, and the CALLS / STRIKE / PUTS board (ATM row amber).

Straddle

The ATM straddle premium (CE_LTP + PE_LTP) plotted intraday — the single most useful chart for option-sellers timing entries. It sums the two ATM legs bar-by-bar, so you watch the cost of the "buy both wings" position rise and fall in one line.

How traders use it
A straddle premium that's below VWAP and trending down all morning is your green light for non-directional selling — confirm the spot is range-bound and let theta do the work.
NIFTY 24,050 ATM VWAP EMA10 SuperTrend candle ▾
09:20 Straddle ₹26815:10 Straddle ₹238 (theta ✓)
Straddle — ATM CE+PE premium decaying intraday under VWAP/EMA/SuperTrend overlays.

Strangle

The same summed-premium chart as Straddle, but for two different strikes (OTM CE + OTM PE). Pick a middle strike and an offset — the chart plots the CE at middle + offset plus the PE at middle − offset intraday.

Use it to mark-to-market a strangle you've already sold, or to scout one before you sell it. A wider strangle decays slower but is safer; watch the live premium against VWAP/EMA to judge whether the position is bleeding the way you want.

Middle 24,050 Offset ±5 CE 24,300 = ₹46 PE 23,800 = ₹52 Strangle ₹98
VWAP ₹104 — premium trading below VWAP, decay on track
Strangle — summed OTM CE + OTM PE premium for a chosen middle strike and offset.

Strike charts

Pick any single strike and see its CE and PE intraday charts side-by-side with the full indicator suite. This is the "I want to study one specific contract" page — perfect for following up on a strike that flashed unusual volume or OI on the chain.

Strike 24,050 5m VWAP SuperTrend
24,050 CE — LTP ₹120
24,050 PE — LTP ₹118
Strike Charts — one strike's CE (up) and PE (down) intraday side-by-side.

Straddle table

Three prices for every strike around ATM — CE, PE, and the Straddle (CE + PE) — each tagged against VWAP, EMA10, EMA20 and SuperTrend so a whole grid of strikes is readable at a glance. Instead of opening a chart per strike, you scan one table and instantly see which legs are trending up and which are dying.

TagMeaning
VWAP / Price above / below today's volume-weighted average — who's in control of that leg.
EMA10 / EMA20 ↑↓Short- and medium-term momentum direction.
ST / SuperTrend up/down — the trend-follower's verdict.
How traders use it
This is the primary signal page for non-directional selling: when every Straddle row is below VWAP + below EMA10/20 + SuperTrend DOWN, the premium-decay regime is confirmed in one glance.
StrikeCEPEStraddleVWAPEMA10/20ST
23,95014261203↑ ↑
24,050120118238↓ ↓
24,15071160231↓ ↓
24,25044214258↑ ↓
All Straddle rows below VWAP + EMA + ST↓ → decay regime · [ Table | Chart ]
Straddle Table — per-strike CE / PE / Straddle with VWAP, EMA and SuperTrend tags.

Strangle table

A board of independent strangle "instances" pinned side by side, all refreshing live together. Each instance tracks the same three series as the Straddle Table — CE (above the middle), PE (below the middle) and their sum, the Strangle (CE+PE) — with the same VWAP / EMA10 / EMA20 / SuperTrend tags, the same Table / Chart / Grid views and the same flash-on-extreme behaviour. Stack as many as you like; each carries its own timeframe, view and indicator set.

Why run several? To see which strangle — and which side of ATM — is decaying faster. That's the side the market doesn't expect to move toward, and where selling premium has the best risk-reward.

Three ways to build an instance (the buttons across the top toolbar):

The board-wide Prev Close / Day Open toggle sets the baseline that every premium change is measured and coloured against, and the green DH tag on each pane is that series' engine-tracked running day-high.

Pair with Strategy Builder
Once the board shows which strangle is decaying fastest, open the Strategy Builder Short Strangle template, match those strikes, and check margin + POP + per-leg Greeks before firing.
Ladder · Middle 24,050 (ATM) · Offsets ±3 · 5m — 3 pairs
offset 0 (straddle)CE 24,050=129PE 24,050=83Sum 212
offset 1CE 24,100=104PE 24,000=70Strangle 174
offset 2CE 24,150=83PE 23,950=59Strangle 142
Free CE/PE · 5m — asymmetric, 1 pair
legsCE 24,200=59PE 23,700=13Strangle 72VWAP↓ ST↓
Pinned · ATM ± 6 · 5m — one far-OTM strangle
legsCE 24,350=22.5PE 23,750=16.75Strangle 39.25VWAP↑ ST↓
Each instance keeps its own TF / view / indicators · + Add Strangle · + Free CE/PE · Auto-gen…
Strangle Table — a ladder instance (Offsets = pair count from the middle), a free asymmetric pair, and an ATM±N pinned strangle, refreshing together.

Rolling ATM straddle

A clean multi-day candlestick chart of the current ATM straddle premium — the strike rolls with spot so you're always looking at the live ATM, not a strike that drifted away. A fixed-strike straddle chart gets noisy as spot moves; this synthetic instrument keeps re-centering, giving you a true picture of the IV regime across sessions.

Use it to swing-trade volatility: a rolling-ATM premium grinding lower day after day is a persistent short-vol regime; a sharp candle expansion flags an IV pop worth fading or riding.

NIFTY ▾ 26 Jun ▾ 15m Days 5 ▾ Spike%
Rolling ATM Straddle — premium ₹
MonTueWed→ IV regime decaying
Rolling ATM Straddle — synthetic ATM premium as multi-day candles with the full indicator suite.

Open Interest

The OI distribution across strikes, CE vs PE, with a buildup tag per strike per side. It's the fastest read of where the big writers have parked their risk — and those strikes act as the day's magnets, walls and pins.

Read it as a battle map. Tall CE bars overhead are calls being written → resistance; tall PE bars below are puts being written → support. The buildup tag tells you whether that wall is being built (Short Buildup) or torn down (Short Covering) right now.

Use the control bar to switch Total / Change / Both, flip Put above 0, set the Price line (Spot / Future / Synth.Fut), and frame the wing with Strikes ±.

How traders use it
Heavy CE writing capping the move = sell-the-rip resistance; heavy PE writing under price = buy-the-dip support. Both sides building at one strike = straddle sellers expecting a pin.
Total Change Both Price line Spot · Strikes ± 10
CE◀ callsputs ▶PE 24,300
Short Bld 24,200
Short Cov 24,050
ATM ◂ spot 23,900
Short Bld 23,800
PE wall
Open Interest — OI by strike, CE (red) vs PE (green), with a buildup tag per side.

Time-based analysis (OI playback)

A DVR for the option chain. Pick a date and a time window and replay how OI built and price moved through the session — minute by minute — or watch it live. The OI-diff ladder, the total-OI bars and a synced price chart all advance together.

A static chain only shows now. Replaying the day shows you when the call wall got stacked, when puts got unwound, and how price reacted — the read that tells you who's trapped and where the move actually came from.

How traders use it
Hit and watch where OI piles on vs where price goes — a wall that keeps growing while price stalls into it is real resistance; OI shedding hard as price breaks out is a short squeeze fuelling the move.
Date 27-Jun Split ⏮ ◁ ▷ ⏭ Speed Instr CE / PE ● live
OI Diff — 09:15 → 13:42
23.8k24.0kspot 24,05024.2k24.4k
Put OI▨ Increase▢ DecreaseCE OI 1.42 Cr · PE OI 1.61 Cr
Time-based Analysis — OI-diff ladder + transport replaying the session minute by minute.

Greeks exposure — GEX / DEX / TEX / VEX

Aggregate dealer greek exposure across every open contract, per strike. It tells you which regime the market is in — pinned (vol dampened) or trending hard (vol amplified) — and where the structural pivots, walls and the day's expected range sit.

The key pane is Gamma Exposure (GEX) with its cumulative curve and zero-gamma flip line. Above the flip dealers are long gamma → they sell rallies and buy dips, suppressing the move (pin). Below it they're short gamma → they chase, accelerating moves. DEX (delta), TEX (theta) and VEX (vega) panes round out the positioning.

How traders use it
Spot above the flip with a big GEX Pin nearby → fade extremes, expect mean-reversion into the pin. Spot below the flip (short gamma) → respect breakouts, momentum runs further than it "should."
Size: OI Price line Spot · Strikes ± 20
Net GEX −2.4 Cr GEX Pin 24,000 Call Wall 24,300 Put Wall 23,800 Zero-Gamma 24,120
Gamma Exposure by strike
0
23.7k23.9kflip 24,12024.2k24.4k
Greeks Exposure — per-strike gamma (green/red) with the zero-gamma flip line and pin/wall summary.

Composite chart

A multi-pane intraday chart that overlays the options-derived metrics on one time axis. It's the context page — it answers "is this move backed by the options market, or fighting it?" without flipping between five screens.

Four stacked panes share the clock: Cumulative LTP (CE Σ vs PE Σ), Cumulative OI (CE OI vs PE OI), PCR (OI) over time, and Cumulative Delta Volume (CE CDV vs PE CDV). When call premium and call CDV both lift while PE OI builds, the flow agrees with the up-move; divergence is your warning.

Total 5m · Days 1 · ATM ± 10
Cumulative LTP   CE Σ   PE Σ
PCR (OI)
Cumulative Delta Volume   CE CDV   PE CDV
09:1511:0013:0015:30
Composite Chart — LTP, PCR and CDV panes aligned on one intraday time axis.

Intraday tape

The whole option chain across the whole day, compressed into one heatmap. Strikes are rows, time buckets are columns, and each cell packs color-coded stripes — so you can scan hundreds of cells in seconds and spot the exact strike + minute where something unusual fired, without opening a single chart.

Each cell stacks up to six toggleable stripes: Price (new high/low), VWAP (above/below), OI (new OI high/low), CVD (cumulative delta — net buying vs selling), Vol Spike, and PPV (Pocket Pivot Volume — an institutional-footprint flag). A vertical band of green stripes marching across one strike's row is real, sustained buying showing up minute after minute.

How traders use it
Look for the cell where Price (new high) + above-VWAP + Vol Spike + green CVD + a PPV light up together — that's a strike igniting with institutional volume. Act on that minute, not 30 bars later.
Strikes ATM ± 3 · TF 5m Both Stripes: Price · VWAP · OI · CVD · Vol · PPV
09:3010:3011:3012:3013:3014:30 24,100 CE
24,050 ⭐
24,000 PE
buy/high sell/low VWAP PPV
Intraday Tape — strikes × time, each cell color-stripped by Price / VWAP / OI / CVD / Vol / PPV.

Options buildup

Interval-by-interval buildup classification for a single strike, CE and PE side by side. Where the OI page shows the snapshot across all strikes, this shows the story over time on the one strike you're trading — bar by bar, who's writing and who's covering.

Each row tags the bar LB / SB / LU / SC from the price-vs-OI change, alongside the LTP move, the change vs your basis, VWAP position and volume. A run of Short Buildup rows on the CE side as price drifts down is fresh call writing capping the move; flip to Short Covering and that cap is breaking.

Options Buildup — NIFTY · 24,050 CE · 3 min · 13:42 IST
IntervalBuildupLTPLTP Δ%vs PrevVWAPOI Δ%Volume
13:39–13:42Long Buildup112.4+4.1+38↑108.0+2.31.8 L
13:36–13:39Short Covering108.0+2.6+33↑105.1−1.41.2 L
13:33–13:36Short Buildup105.2−1.9+29↓105.8+3.10.9 L
13:30–13:33Long Unwinding107.2−2.4+31↓106.0−0.80.7 L
Options Buildup — per-interval LB/SB/LU/SC tags for one strike through the day.

Volatility

Implied-volatility analysis — the IV time-series for a strike, plus the volatility skew across strikes. Use it to judge whether options are rich or cheap right now, and where the skew tilts the edge toward buying vs selling premium.

The skew (IV vs strike) is the heart of it. A downward-sloping PUT-SKEW — OTM puts richer than OTM calls — is the NIFTY/SENSEX default: the market paying up for crash protection. A SMILE (both wings bid) signals an expected big move either way; a rare CALL-SKEW is upside speculation. The stat strip reads ATM IV, Put Skew, IV Range and the Regime tag.

How traders use it
Rising ATM IV into an event = options getting expensive (favour spreads / selling); a steep put-skew means OTM puts are pricey — buy a put spread instead of a naked put, or sell the rich wing.
Spot 24,050 ATM IV 12.4% Put Skew +2.1% IV Range 11.0–18.6% Regime PUT-SKEW
Volatility Skew (IV vs Strike)
ATM 24,050 23.4k 24.7k
↑ OTM puts richer (left wing) → market paying up for downside protection
Volatility — IV skew across strikes with the ATM marker and PUT-SKEW regime tag.

F&O Movers

The day's biggest moves across the entire F&O universe, in one screen. It answers "what's actually moving right now?" without you having to scroll a chain or a watchlist. Two scopes — Futures and Options — each split into the same lenses: price gainers / losers, OI gainers / losers, top volume, and an Unusual Activity composite that blends price + OI + volume to surface names doing something out of character.

Every name carries a buildup tag read off price-vs-OI: LB long buildup (price↑ OI↑, fresh longs), SB short buildup (price↓ OI↑, fresh shorts), LU long unwinding (price↓ OI↓, longs exiting), SC short covering (price↑ OI↓, a squeeze). That one tag tells you whether a move is being built or closed — a price gainer on SC is shorts running for the door, not new conviction.

A Triggered column stamps the IST time each row was first seen as a mover, so a name that just appeared with a fresh time is a new development, not stale. Auto-refreshes ~60s; use View More to page deeper into each list.

How traders use it
Open it at the start of a session for the lay of the land, then re-check after a leg in the index — a broad rotation shows up as many fresh rows across sectors, a fakeout shows up as one or two names on SC/LU (closing, not building).
Futures·Options Price gainers OI gainers Unusual ⚡ refresh 60s · updated 13:42
Symbol Trig LTP Chg% OI% Vol B/U
DIXON13:3814,820+4.6%+11.2%2.4MLB
TATAMOTORS13:41982+3.1%−6.8%9.1MSC
HINDALCO12:55678+2.4%+8.0%5.7MLB
PERSISTENT13:305,640−2.8%+9.4%1.1MSB
VEDL11:20462−1.9%−4.1%8.3MLU
View More ▾
F&O Movers — biggest price/OI/volume moves with a per-name buildup tag and first-seen time.

F&O Screener Intermediate Advanced

A server-side scan of the whole tradable F&O book — every index & stock, futures and options (ATM ±10 strikes) — re-run every minute and ranked into 10 buckets. Where Movers shows you the underlyings, the Screener goes contract-by-contract and layers intraday technicals on top, so you can answer questions like "show me CE contracts above their 15-min opening range, holding above EMA9, with RVOL > 1.5×."

Each row is one contract: LTP, Chg%, RVOL (today's volume ÷ 20-day average), OI / OI%, Vol, a Liq tradability badge (Liquid / OK / Thin), and a buildup tag — then the technicals: 5m/15m/30m ORB (above / within / below the opening range), CPR (above-R2 … below-S2 on the prev-day pivot ladder), EMA5 & EMA9 position, X-Day H/L (broke its N-day high/low) and Day H/L (sitting at-high / mid / at-low).

How traders use it
Build a momentum-long filter once — Type:CE + 15m ORB:above + EMA9:above + RVOL ≥ 1.5 + Liquidity:tradable — and let the 1-minute refresh feed you fresh candidates all session, instead of eyeballing chains.
🔍 Search symbol… Table Grid 142 contracts · 9,178 universe · 13:42
Price Gainers Long Buildup OI Spike Short Covering
Type: CE 15m ORB: above RVOL ≥ 1.5
Contract LTP Chg% ▼ RVOL OI% B/U 15m ORB EMA9
NIFTY 24850 CE142.50+86%2.4×+22%LBaboveabove
RELIANCE 3000 CE58.20+61%1.9×+14%LBaboveabove
ICICIBANK 1300 CE31.05+44%1.7×+9%LBaboveabove
DIXON 15000 CE410.00+38%1.5×+18%LBaboveabove
F&O Screener — per-contract scan in Table view, filtered to CE above the 15m ORB with high RVOL.

Setups Intermediate Advanced

Algorithmic intraday trade setups detected on 5-minute bars — fully specified, with entry, targets, stop and a same-day outcome. The engine flags long candidates from confluence (new intraday high + a volume spike + price above VWAP) and short candidates from the mirror (range-bound + opposite-side strength), so you don't have to watch 200 charts to catch a clean break.

Each card hands you a complete plan: an Entry level, T1 / T2 targets and a Stop-loss, plus the same-day backtested result — T1 HIT, SL HIT or OPEN — so you can see at a glance how the day's setups are actually resolving. Refreshes about every 15 minutes.

How traders use it
Treat it as a candidate feed, not a signal: when several longs fire across unrelated sectors with VWAP support, breadth is genuinely with you. Always confirm on the chart and size to your stop — the printed Stop-loss is the mechanical one. Education-only — mechanical pattern flags, not buy/sell calls.
Detected setups 5m bars · refresh 15m · 13:40
TRENT LONG · NH+Vol+VWAP
Entry 6,420T1 6,505T2 6,580SL 6,360
T1 HIT
IDFCFIRSTB SHORT · Range+Weak
Entry 71.4T1 70.2T2 69.0SL 72.3
OPEN
Setups — mechanical long/short cards with entry, T1/T2, stop and same-day outcome.

Option Multibaggers ⚡ Beginner Intermediate

A live scanner of every NIFTY & SENSEX weekly strike (ATM + the OTM wing, ITM to 10) in four tables — NIFTY-CE, NIFTY-PE, SENSEX-CE, SENSEX-PE — ranked to surface options making big, fast intraday moves (the kind that run 20 → 120 in an afternoon). The largest % moves happen in cheap OTM options that are invisible on a normally-sorted chain; this page watches all of them at once and timestamps the exact minute each one started running, so you act early instead of chasing the top.

Reading the columns

Turn on Sound for a beep on each new tier crossing; rest your cursor on a row for ~2s to pop its mini-chart. ⚠️ Education only — a big % on a ₹2 option is still a ₹2 option; size for the premium, not the percentage. Deep-ITM / illiquid strikes are auto-filtered.

NIFTY-CE 1m 5m 🔊 Sound latest-first
⏱ Time Strike M LTP % Open % Low Signal
14:2924,150OTM2118.0+300%+310%+200% low
14:1724,100OTM186.5+140%+160%+100% open
13:5224,050ATM154.0+64%+72%+50% open
13:4024,000ITM1201.0+18%−42% ↓High−30% high
Option Multibaggers — weekly strikes ranked by intraday burst, each move time-stamped to the minute.

Stocks Beginner Intermediate

A sortable scanner across every F&O underlying (~200 names) — your "what's moving today" dashboard for the cash side. One row per stock, ranked on whichever lens you care about, so you can rotate from "biggest movers" to "unusual volume" to "where positioning shifted" without leaving the page.

How traders use it
Sort by Vol Δ% first thing to find the day's unusual-activity names, then check each one's OI Δ% and basis — high volume + rising OI + premium basis is a stock being actively positioned long, a cleaner read than price change alone.
All F&O NIFTY 50 Banks ~200 names · live
Stock LTP Price Δ% ▼ Vol Δ% OI Δ% Basis
DIXON14,820+4.6%+180%+11%+38
HINDALCO678+2.4%+95%+8%+2.1
SBIN842+1.1%+40%−3%+0.4
PERSISTENT5,640−2.8%+120%+9%−6.0
VEDL462−1.9%+30%−4%−0.8
Stocks — F&O underlyings sortable on price Δ%, volume vs average, OI Δ% and futures basis.

Sectors & Constituents Beginner Intermediate

A three-column rotation hub: every NSE sectoral index on the left, the selected sector's member stocks in the middle, and a full charting canvas on the right — all linked and updating live. It collapses "which sector is leading, which stock inside it is doing the work, what does its chart look like" into a couple of clicks.

The index and stock tables both tick in real time, so leadership shifts as the session moves — no refresh needed.

How traders use it
Top-down in seconds: sort the indices by Chg% to find the day's strongest sector, click it, sort its constituents by RVOL to find the stock actually being bought, then read its chart on the right — all without typing a symbol.
Sectoral Indices
NIFTY METAL+1.8%
NIFTY AUTO+1.2%
NIFTY BANK+0.4%
NIFTY IT−0.9%
NIFTY PHARMA−1.1%
NIFTY METAL · 15 stocks
SymChg%RVOL
▮ METAL (Index)+1.8%
HINDALCO+2.4%1.9X
VEDL+2.0%1.6X
TATASTEEL+1.3%1.2X
JSWSTEEL−0.5%0.8X
HINDALCO · 15m
▒▒▓▓ Advanced chart ▓▓▒▒
drawing · indicators · live ticks
Sectors & Constituents — sectoral index → member stocks (with RVOL) → linked advanced chart.

Breadth Intermediate

The market's internals in one screen — is the move broad or narrow? Breadth bundles four reads of participation so you can tell whether an index move has the whole market behind it or is being carried by a handful of heavyweights.

How traders use it
Lead with Net for conviction: a rallying index on strong, rising Net at-highs is broad and trustworthy; a green index on negative Net is being faked higher by index weights — fade-the-strength territory.
At Day High
128
At Day Low
46
Net
+82
Net at-extreme · last 8 intervals
At-extreme list Breakout screener ORB 5m/15m
Breadth — at-high vs at-low counts, the net time-series, plus breakout and ORB trackers.

Advance / Decline Beginner

Sector-wise advance/decline of the F&O universe — how many stocks are up vs down inside each sector. The fastest read of which sectors are carrying the market and which are dragging, without looking at a single chart.

Each sector shows its advancers (green) against decliners (red) as a split bar; a sector that's almost all green is genuine leadership, a near-even split is churn, and an all-red sector is where the weakness is concentrated. Use it at the open to see where the day's bias actually sits, and through the day to spot rotation as bars flip from one side to the other.

SectorAdv / Dec
Metal
13/2
Auto
11/4
Banks
7/5
FMCG
6/9
IT
2/8
Pharma
3/9
Advance / Decline — advancers vs decliners per sector, a one-glance rotation read.

High / Low Bars Beginner

The simplest breadth-extremes reference: a two-column live list of stocks currently at their day high vs their day low. One side is everything printing fresh intraday highs, the other everything at fresh lows — sortable by count so you can see at a glance which side is heavier.

It's the no-frills version of the breadth read: a tall green column over a short red one means strength is broad right now; a balanced pair means the tape is mixed. Glance at it to confirm an index move has names behind it before you trust a breakout.

At Day High · 9
HINDALCO+2.4%
DIXON+4.6%
TRENT+1.9%
VEDL+2.0%
TATAMOTORS+3.1%
At Day Low · 4
INFY−1.4%
PERSISTENT−2.8%
HCLTECH−1.0%
VEDL
  
High / Low Bars — stocks at their day high vs day low, side by side, sortable by count.

High / Low Heatmap Intermediate

A stocks × 5-minute grid that shows you when strength and weakness clustered through the session. Each cell turns green when the stock printed an intraday high in that 5-minute bar and red when it printed a low — so a row reading left-to-right is one stock's day, and a column is the whole market at one moment.

All F&O Both 9:15 → 13:45 · 5m
HINDALCO
DIXON
SBIN
INFY
PERSISTENT
new high   new low   neither
High / Low Heatmap — stocks × 5-min cells, green = new high that bar, red = new low.

Sector Change Beginner

The quickest sector-rotation snapshot: the average % change of F&O stocks grouped by sector, shown next to each NSE sectoral index's own % change. The two columns side-by-side let you spot divergences — when the average member is up more than the index, the move is broad inside the sector; when the index leads its members, a couple of heavyweights are doing the lifting.

Colour-coded green/red, sortable, with a last-updated timestamp. Sort descending to see today's leaders at the top and the laggards at the bottom — the fastest "where's the money rotating?" read in the app.

Sector Avg stock Δ% ▼ Index Δ%
Metal+2.1%+1.8%
Auto+1.4%+1.2%
Realty+0.9%+1.3%
Banks+0.3%+0.4%
FMCG−0.6%−0.5%
Pharma−0.8%−1.1%
IT−1.2%−0.9%
Updated 13:42 IST · sortable
Sector Change — average member % change vs the sectoral index % change, sortable.

Dashboard

A board you build yourself out of live widgets. Click + Widgets to drop in any of ~30 panels — Price Chart, Option Chain, Chain Metrics (Spot / PCR / Max Pain / ATM IV), CE / PE Σ Greeks, OI Metrics, Cumulative OI, Straddle / Strangle tables, IV Chart, the GEX / DEX / TEX / VEX exposure family, Market Breadth, Sector Change and more. Drag a widget's header to move it, drag its edges to resize.

Every board carries its own symbol + expiry from the top bar, so all widgets on it update together — switch the symbol once and the whole screen re-points. Keep several saved boards (one for indices, one for stocks, one for an event-day setup) and flip between them.

How traders use it
Build a morning cockpit: Chain Metrics — Top across the top, then CE / PE Σ Greeks, OI Metrics and a Price Chart below — one glance gives you spot, PCR, max-pain, the OI walls and the net greeks before the bell.
NIFTY · 26 Jun expiry
+ Widgets
Spot 24,050 PCR 1.18 Max Pain 24,000 ATM IV 11.4%
Price Chart
▁▃▅▇▆█  24,050 ▲
OI Metrics
24,200 CE wall ▇▇▇
23,800 PE wall ▇▇▇▇
Σ CE Greeks · Δ 0.42 · Θ −8.1
Σ PE Greeks · Δ −0.39 · Θ −7.7
Dashboard — a drag-and-resize widget board with shared symbol/expiry context.

TV Charts

The licensed TradingView charting library wired to FNOTrader's F&O data. Multi-pane layouts (1–4 charts), the full drawing toolset, indicator templates, and custom studies built for options traders — FT – Open Interest, Pocket Pivot and Mansfield RS.

Resize the panel, and the chain↔candles split, to taste — your layout persists.

F&O Stocks ▲▼
NIFTY +0.4%
RELIANCE +1.1%
HDFCBANK −0.6%
INFY +0.8%
NIFTY · 5m · VWAP · FT–Open Interest
▁▂▄▃▅▇▆█▇ 24,050
24,050 CE candles · ₹128 ▲
Chain · ΔOI% Δ%
23,950 +4%
24,000 ATM
24,050 −2%
24,100 +6%
TV Charts — watchlist + multi-pane chart + docked option-chain & CE/PE candles.

Events

A calendar of things that move markets — so a position is never caught off-guard. The Events page lists upcoming events grouped by day (today first), pulled from the shared market-events feed: macro (FOMC, RBI MPC, CPI/NFP, Budget), index rebalances (MSCI / FTSE / Nifty reshuffle), and per-stock corporate actions (results, AGM, dividend, split, F&O ban).

Each card carries an impact dot (High / Medium / Low), a category chip (Macro / Index / Stock / Corp Action), the IST time (or All day), and the symbols affected. Filter the page by All, High impact, or category.

Two things find you even when you're not on the page:

How traders use it
On an event-day, set your option-buying/selling bias around the calendar: avoid writing premium into a High-impact macro print, and use the T-minus toast as your cue to square off naked legs before the IV crush.
All High Macro Stock
Today LIVE
19:30 US FOMC rate decision Macro T−15m
All day RELIANCE Q1 results Stock RELIANCE
Tomorrow
After closeNifty index reshuffle effective Index
Events — day-grouped calendar with impact dots, category chips and T-minus lead.

Cash market activity

Who's actually buying and selling Indian equities each day. The page shows daily net FII/FPI (foreign portfolio investors) and DII (domestic institutions) activity in the cash segment, in ₹ Cr — green/red bar charts (FII net, DII net, combined net) over a date range you pick, plus a day-wise table.

The table breaks each day into Buy Value, Sell Value and Net = Buy − Sell per category, with a direction arrow. Read FII vs DII relative to each other: foreign selling absorbed by domestic buying is a very different tape from both sides hitting the bid together.

How traders use it
Use it as a slow-moving regime gauge, not an intraday timing tool. Persistent FII outflow with DII support = range-bound grind; both buying = trend fuel; both selling = step aside on long-delta carry.
From 01 Jun → To 27 Jun · Net Inflow / Outflow (₹ Cr)
Date Type Buy Sell Net
27-JunFII/FPI12,84014,610−1,770 ↓
DII11,9209,540+2,380 ↑
26-JunFII/FPI10,2009,150+1,050 ↑
DII8,7609,310−550 ↓
Cash Market Activity — day-wise FII/FPI vs DII buy / sell / net in ₹ Cr.

FII index activity

The foreign-investor stance in index derivatives, expiry by expiry. For each trading day the page lists FII positioning across Index Futures, Index Call (CE) Options and Index Put (PE) Options — contracts bought, sold, net, net change, open interest and OI change.

The value-add is the per-row Insight chip: the engine reads net-flow sign against OI change and labels the classic participant pattern — net buy + OI up = long buildup (bullish), net buy + OI down = short covering, net sell + OI up = short buildup (bearish), net sell + OI down = long unwinding. A neutral flag suppresses noise when the net is a sliver of traded volume.

How traders use it
Index futures carry the cleanest directional signal — FIIs adding fresh shorts into a falling market (short buildup) is a stronger bearish tell than the price drop alone. Cross-check the options rows for confirmation, then size your index option bias accordingly.
27-Jun-2026 BEARISH short buildup — net selling with OI rising
Instrument Net OI OI Chg Insight
Index Futures−18,4002,41,000+9,200Short buildup
Index Options CE+6,1005,82,000+22,400Long buildup
Index Options PE−4,3004,97,000−11,800Long unwinding
FII Index Activity — futures & options net/OI with a flow-vs-OI stance chip.

Participant open interest

Who is positioned which way — split by participant type. NSE publishes daily F&O open interest broken into Client (retail / HNI), DII, FII and Pro (proprietary desks). This page shows the day-over-day change in each group's net index position across futures, index CE and index PE — with a Bullish / Bearish stance chip per cell.

The chips encode the directional read: net-bought futures or calls = bullish; net-bought puts = bearish. Reading the four rows together tells you whether the move is being driven by smart money (FII/Pro) or by the crowd (Client) — and when those two diverge, you're seeing positioning that often resolves in the institutions' favour.

How traders use it
When FII and Pro lean one way on index futures while Client leans the opposite, weight your bias toward the institutions. Use it as a positional-stance overlay, not an intraday trigger.
27-Jun-2026 · Index position change
Participant Fut Chg Futures CE PE
FII−14,200BearishBearishBullish
Pro−5,800BearishBullishBearish
Client+18,600BullishBullishBearish
DII+1,400BullishNeutralNeutral
FII/Pro short vs Client long — classic divergence.
Participant Open Interest — Client / DII / FII / Pro stance across futures & options.

MWPL & ban list

Which stocks can't take fresh F&O positions — and which are about to be banned. Every F&O stock has a Market-Wide Position Limit (MWPL). When market-wide OI crosses 95% of it the stock enters the F&O ban (no new positions, square-off only); it exits only when utilisation falls back below 80%.

The page loads a date and shows Open Interest, MWPL, MWPL % and the previous day's % per stock, colour-coded (amber ≥ 80%, red ≥ 95%), searchable and sortable. From the day-over-day momentum it projects a Ban Outlook chip — BAN IMMINENT, HIGH RISK, WATCH, or for already-banned names EXIT SOON / STUCK IN BAN with an estimated day count. Dedicated sections list the current Ban List, a Ban Watch (closest to entering), and the exchange's possible entrants / exits.

How traders use it
Check before initiating: never build a fresh F&O position in a banned name (you can only reduce). Use Ban Watch to anticipate the squeeze — names near 95% with rising utilisation often see violent unwinds as the ban forces position cuts.
🚫 Ban List + ⚠ Ban Watch · Date 27-Jun-2026
Symbol MWPL % Prev % Ban Outlook
RBLBANK97.4%96.1% ↑STUCK IN BAN
HINDCOPPER95.8%97.9% ↓EXIT SOON · ~2d
IDFCFIRSTB92.3%88.5% ↑BAN IMMINENT · ~1d
GNFC84.0%81.2% ↑WATCH
MWPL & Ban List — utilisation %, momentum and projected ban entry / exit.

FPI sector flows

Where foreign money is rotating, sector by sector. Built from the NSDL fortnightly Sector-wise FPI report, this page shows net FPI investment (buys − sells) per sector over each fortnight, alongside AUC — Assets Under Custody, the total value of FPI holdings in that sector (a snapshot, not a flow).

How traders use it
This is the macro counterpart to your sector dashboards — it confirms whether a sector's price strength is backed by real foreign accumulation. Sustained inflow into Financials or IT supports an overweight; persistent outflow is a headwind even on bullish technicals. Slow-moving by design (twice a month) — use it for positional rotation, not timing.
Report: Fortnight ending 15 Jun ▾ Equity ▾ ₹ Cr
Net FPI by sector — 1-15 Jun (₹ Cr)
Financials+8,420
IT+4,610
FMCG+310
Oil & Gas−3,180
Power−5,240
Grand total net +6,900 · Total AUC 78,40,000 ₹ Cr
FPI Sector Flows — NSDL fortnightly net investment & AUC by sector.

Market report

A plain-English wrap of the session, auto-slotted to the time of day. Three briefings rotate by IST clock — pre-market (before ~08:45), mid-market (~12:15) and post-market (after ~15:35) — each with a title, a BullishBearish verdict badge, and a handful of bullets: movers snapshot, index levels, global cues (Asia / US / commodities), and after the close the day's FII/DII cash activity.

You don't have to open the page to get it: on login (once per IST trading day) the current briefing pops as a modal with a "View full report" jump, a topbar button reopens it anytime, and a one-shot toast fires when the mid-market update goes live.

How traders use it
Read the pre-market verdict as a fast bias check before you place your first trade, and let the mid-market toast prompt a re-assessment if the morning thesis is breaking down.
PRE-MARKET BRIEFING
Cautious open as FIIs stay net sellers
Mildly Bearish
  • NIFTY closed 24,050 (−0.3%); SGX/GIFT points to a flat-to-soft open.
  • US closed lower; Asia mixed; Brent firm at $84.
  • FII −₹1,770 Cr / DII +₹2,380 Cr in cash yesterday.
  • Watch 23,900 support; 24,200 CE the OI wall above.
as of 08:30 IST View full report →
Market Report — time-slotted briefing with verdict badge and login modal.

Holiday List Beginner

The NSE / NFO trading-holiday calendar — every closed date with its name — for the current year, plus any special sessions (the Diwali Muhurat trade). It's the same list the app uses everywhere it has to be holiday-aware: the alert engine skips these days, charts treat them as non-trading, and "last trading day" logic on the Dashboard rolls back across them.

How traders use it
Glance at it before planning an expiry-week or event trade — a mid-week holiday shortens the week, compresses theta into fewer sessions, and shifts the effective expiry. Knowing the next closed date tells you how many trading sessions of decay you actually have left.
NSE Trading Holidays 202617 days
26 Jan · MonRepublic Day
19 Feb · ThuMahashivratri
02 Apr · ThuMahavir Jayanti — weekly expiry shifts to Wed
15 Aug · SatIndependence Day
21 Oct · WedDiwali · Lakshmi Pujan
21 Oct · eveMuhurat Trading — special session
Searchable · today & the next closed date highlighted
Holiday List — the year's NSE/NFO closed dates and special sessions, used app-wide for holiday-aware dates.


2 · Execution & copy trading

The place-and-run half. These pages put real orders on your connected broker account (routed via Open XTS) — or on the built-in Demo paper account when you just want to practise. You build a strategy, fire it, monitor every running position with combined stop-loss / target guards, and exit with one click — and you can mirror a single order across several accounts with copy trading.

Dedicated execution terminal — terminal.fnotrader.com
Everything in this section is also available as a focused, standalone desk at terminal.fnotrader.com — the same engine in F&O-execution-only mode: just the Option Terminal, Strategy Builder, Strategy Chart, Brokers and Copy Trading — the analytics pages are hidden. You're already signed in there (shared *.fnotrader.com session) and the Demo paper account works the same. Use it when you just want to place and manage trades.
Real money
Anything on a real (non-Demo) account places a live order with your broker. Pages that can do this are flagged with a "Real money" note. Confirm the account, the lots and the multiplier before you click Execute — and pair every live position with an SL / target guard. Connect and enable accounts under Brokers first; estimates like POP and Max P/L are model numbers, not guarantees.

Option Terminal Intermediate Advanced

Your live order desk. The Terminal is where you actually place, monitor, adjust and exit option orders — on a real broker account or the built-in Demo (paper) account. Every tab updates live from WebSocket ticks:

Real money
Anything on a real (non-Demo) account places a live order with your broker. Practise on Demo first — orders fill instantly there with no broker involved. Confirm the account in the top bar before you Execute, and pair every live position with a guard.
Positions · Orders · Trades · Funds · Stats · Monitoring · Basket · Copier Exit book: CE PE All Book P&L: SL −10k / TGT +25k ☐ Ignore hedges
▾ NIFTY Short Strangle (short) Avg prem 140.0 · Now 112.5 P&L +₹8,250 Manual ₹ 0 ⊕ Add ▾ · SL/TGT · Exit CE · PE · All · ⊟
InstrumentProdQtyAvgLTPP&LMarginSL / TGT
S 24,200 CENRML−7572.058.0+₹1,050₹1.18LSL 95 TGT 40Manage ▾
S 23,700 PENRML−7568.054.5+₹1,012·+ SL/TGTManage ▾
Positions book — legs grouped into a strategy (combined premium + group P&L + guard), with book-wide Exit and a Book P&L stop.

Order ticket — place a single order

The order pad. Search the contract, pick a side and size, choose how the order is sent, and fire. The big button is colour-coded to the side so you always know what you're about to do.

How traders use it
Selling a naked option? Keep Market with a small buffer — you get a near-instant fill that still can't slip far from the screen price — and leave sequencing on buyFirst so any hedge always goes on before the short.
NIFTY 24,200 CELTP 58.00
BUY SELL NRML · MIS
Qty (Lots) 1 + = 75 qty Order typeMarket Limit · SL-M · SL-L Buffer %5 — protected market
Execute SELL
+ Add to Basket
Order ticket — side, lots (with live qty), product, protected-market order type, and the colour-coded Execute button.

Basket — build a multi-leg, fire once

Stage every leg, preview the real margin, then send them together. Clicking B / S on the Option Chain (when quick-trade is off) drops that strike into the Basket instead of firing instantly. Name the structure, check the hedged margin, and execute all legs in one shot via the same engine the order ticket uses.

Strategy name: Iron Condor × 1
SideInstrumentLotsLTPMargin
B23,600 PE228.0hedge
S23,800 PE262.0₹64,200
S24,200 CE258.0₹61,800
B24,400 CE226.0hedge
Total margin (hedged)₹71,400
▶ Execute basket
Basket — chain-fed legs with live per-leg + hedged total margin (Kite), then one-shot Execute as a named strategy.

Terminal charts — trade straight off the chart

A three-pane live chart desk wired to the order engine. The Terminal carries its own charts — CE | Middle | PE — so you watch both legs and the underlying at once, and place, arm or protect orders without leaving the chart.

How traders use it
Right-click just above the CE candles to arm a ⚡ Trigger Buy · LTP ≥ breakout, then right-click your exit level to drop a Set Target — both live on the chart, both server-side, no ticket typing.
Middle: Combined Prem Spot · Futures · 5m · OHLC ▾ · VWAP EMA10 EMA20 ST IV ◑ Pos · ⚡ Alerts · ▤ Levels · engine: TV Advanced
24,200 CE B S
SL 95
58.0
Strangle prem
112.5 ▼ decaying
23,700 PE B S
TGT 40
54.5
24,200 CE · @ 96.0
Buy Stop-Limit @ 96 · breakout
Sell Limit @ 96
Buy / Sell @ MKT
⚡ Trigger Sell · LTP ≥ 96
▲ Set Target @ 96 · arms group SL/TGT
▼ Set Stop-loss @ 96
Terminal charts — CE / Combined-premium / PE panes with per-pane B/S, dashed SL (red) / TGT (green) lines, and the right-click smart-order & trigger menu.

Manage a position — Add · Exit · Reverse · Roll

Every open position and strategy group has one-click adjustments. Expand a position's Manage ▾ panel, or use the group header's controls, to resize, exit or roll without re-typing an order.

How traders use it
Short strangle and the call side is getting tested? Hit Risk OFF on the CE leg to push it further OTM, or roll the whole structure ↔ wider to buy room — one click, legs stay grouped, guard intact.
Real money
Add / Exit / Reverse / Roll place live orders on the connected account (and fan out to every mirrored account on a copy strategy). A roll fires the close first, then the open.
Manage ▾ — 24,200 CE (short)
Lots 1 Add Exit Reverse
Strikes 1 Risk ON ▸ ◂ Risk OFF
⊕ Add ▾ — whole strategy
Add lots 1 Add to all legs
Roll strikes: ↑ up ↓ down ↔ wider →← closer
Exit: CE · PE · All
Position & group actions — Add / Exit / Reverse and Risk-ON/OFF strike rolls per leg; Add-to-all, four-way strategy roll, and grouped Exit for the whole structure.

Risk management — guards that exit for you

Set the level once and the engine watches every tick and squares off at your number — whether you're at the screen or not. Guards work at three scopes, plus a manual-P&L adjustment that folds into all of them.

How traders use it
On a short-premium day, arm a Book P&L stop at −₹10,000 / target +₹25,000, give each strangle a Prem trailing guard, then step away — the desk exits at your numbers and logs why.
Real money
When a guard breaches it places live square-off orders automatically (auto-close is on by default). Guards only work while positions are open and the trading account is logged in.
SL / Target — 24,200 CE
Stop-loss95.0₹ Price ▾ Target40.0₹ Price ▾ Trailevery 10 → by 5pts
Clear Save
Strategy SL / Target — basis: Prem / P&L / Und
Combined SL 150 · Target 110 · Trail every 5→2
Monitoring
⚡ NIFTY spot ≥ 24,700 → BUY 1 ATM CE ARMED
Short Strangle · prem 112.5 · SL 150 TGT 110
Risk management — per-position SL/Target (+ trailing, multi-unit), the group guard with Prem/P&L/Und basis, and the Monitoring tab of armed triggers & guards.

Strategy Builder — the most powerful page

Where a view becomes an executable trade. Build any multi-leg option strategy (manually or from 36 ready-made templates), then see live margin, payoff at expiry and at any target date, Greeks, breakevens, POP and reward/risk before you put money down. The legs editor lets you set B/S, per-leg expiry (calendar/diagonal allowed), strike, CE/PE, lots and a planning price; a Multiplier (1×–10×) dry-runs a bigger size.

Once you like the structure you can execute it straight from the builder. The Execute sequencer respects an onLegFail policy — all-or-nothing: if any leg fails (margin or other), the legs that did fill are cancelled/squared off so you're never left holding a partial strategy. You choose paper (the Demo account, for risk-free practice) or real (a connected broker account), and the same legs land in the Terminal book as a grouped strategy you can monitor and exit.

How traders use it
Load a template (e.g. Bull Call Spread or Iron Condor), tweak strikes until Max Loss and margin look right, paper-execute first to watch it behave for a session, then real-execute the same structure with one click when you're convinced.
Real money
Real-execute places live broker orders for every leg. Confirm the multiplier and lots — they scale every leg's quantity. POP and Max P/L are model estimates, not guarantees.
Iron Condor — legs editor
B/SStrikeTypeLotsPrice
BUY23,600PE262.00
SELL23,800PE2118.50
SELL24,200CE2124.00
BUY24,400CE266.00
Max Profit ₹17,400 Max Loss −₹12,600 POP 61% Margin ₹1,42,000
Paper Execute Execute (Real)
Strategy Builder — multi-leg editor with payoff stats and paper / real Execute.

Strategy View — running-strategy portfolios Advanced

Your live mission-control for executed strategies. Every strategy you fire from the Builder or group in the Terminal shows up here as a row in the running-strategies table, with its own combined P&L and risk controls. It's the one screen that answers "what's open, how is it doing, and how do I get out?"

How traders use it
Fire two strategies in the morning, set each a Combined Target ₹ and Combined SL ₹, then leave them — they auto-square at your number. If the market turns, one Square All click flattens everything; or expand a row and Close just the losing leg.
Real money
Square-off and per-leg Close place live counter-orders on the linked broker account(s). On a copy-trading strategy a square-off fans out to every mirrored account.
Running strategies Square All
StrategyPNLUnreal.Real.LinkedStatus
▾ NIFTY Short Straddle+₹8,250+₹6,050+₹2,200Zerodha, DhanRUNNINGSquare off & Pause
Positions · Orders · Trades · Logs
LegQtyAvgLTPP&L
S 24000 CE75142.50121.00+₹1,610Close
S 24000 PE75138.20132.40+₹435Close
Combined SL ₹−5,000 Combined Target ₹12,000 Apply Pause Square
NIFTY Bull Call Spread−₹1,900−₹1,900₹0ZerodhaCOMPLETED
Strategy View — running strategies with combined SL/Target, per-leg Close, and Square-off controls.

Strategy Chart Intermediate

Watch candidate structures play out side by side. A 2×2 grid where each panel plots a full multi-leg strategy's combined premium against intraday bars (1m–30m). Edit legs inline or quick-fill a preset (straddle, strangle, spread), switch each panel between candle and line, and overlay EMAs.

It's a pre-trade rehearsal: see how several what-if strategies would have moved through today's session before you commit one of them in the Builder or Terminal. The strategy series for a straddle/strangle is the live CE+PE sum, so the chart tracks exactly the premium your position's P&L rides on.

How traders use it
Park three expiry-week structures in three panels each morning; the one whose combined premium is decaying cleanest in your favour is the one you take into the Builder.
Short Straddle 5m
premium 280.7 ▼ decaying
Strangle 5m
premium 142.0 ▲ rising
Bull Call Spread 15m
EMA9 overlay
Iron Condor 30m
net credit holding
Strategy Chart — four candidate structures' combined premium in one 2×2 view.

Buyer Intermediate

A buying-opportunity scorecard for option buyers. Buyer ranks CE and PE strikes by a composite signal built from OI buildup, IV slope, and open=high / open=low candle behaviour. Pick a timeframe (day / 5m / 15m / 30m) and a strike range (± from ATM); strikes scoring ≥ 3 are highlighted, with a signals legend and cross-side confirmation so you can sanity-check a CE call against the PE side.

It's a starting-point screen for directional buyers — a place to find which strike has the cleanest tailwind before you take it to the Builder or Terminal — not a recommendation. Education-only — no SEBI advice.

How traders use it
On a trending morning, set 5m and ±5 strikes; the highest-scoring CE with PE-side confirmation is your shortlist candidate for a long-option intraday punt.
TF: 5m · Range: ATM ±5 · Score ≥ 3 highlighted
StrikeTypeScoreSignals
24,100CE4OI↑ · O=L · IV slope+
24,200CE2OI↑
23,900PE3O=L · IV slope+
23,800PE1
Buyer — composite buying-opportunity scorecard for CE/PE strikes.

Brokers Intermediate

Connect the real broker accounts you'll trade through. FNOTrader routes orders via Open XTS, so 80+ brokers are supported — add an account with its API/secret credentials, complete the broker's own login / 2FA, and the row shows live connection status. You never hand this app your broker password; the broker's own auth handles that.

How traders use it
Connect your main account plus a family/second account, enable both (buying one Additional Broker slot), and you're ready to mirror one strategy across both via Copy Trading.
Don't see your broker?
We support 80+ brokers via Open XTS. If yours isn't listed, send us a message — we'll add it.
Connected accountsBroker Slots: 2 used / 2 (base 1 + 1 add-on)
AccountViaStatusTrading
Zerodha · AB1234Open XTS● logged inON
Dhan · 50****67Open XTS● logged inON
Demo AccountPaper● readyalways
80+ brokers supported · Don't see yours? Message us — we'll add it.
Brokers — connect via Open XTS, enable for trading, and track Broker Slots usage.

Copy Trading Advanced

Trade once, mirror everywhere. Copy Trading fans a single order out across several of your enabled broker accounts. You nominate one account as the leader; every order you fire on it is replicated to each enabled follower account, scaled by that follower's multiplier — follower lots = leader lots × multiplier, rounded to whole lots.

Set it up — the ⇄ Trade Copier panel

Open ⇄ Trade Copier (top bar) or the Copier tab in the Terminal and configure it once:

⇄ Trade Copier
Enable copy Leader: Zerodha · AB1234 ▾
Follower accountinclude×
Zerodha · AB1234 (leader)
Dhan · 50****672.0
Demo Account1.0
Save copier settings
Trade Copier setup — Enable copy, pick the leader, tick followers and set each one's × multiplier.

How it fires & how you monitor it

How traders use it
Run your strategy on your main account at 1× and mirror it to a second account at 2× — one straddle fire opens both, sized automatically, and a single square-off flattens both.
Real money
With copy ON, one Execute places live orders on every enabled follower. A follower whose lots round to 0 is SKIPPED; a follower that isn't logged in FAILEDs for that account only — the others still go through. Copy Trading is a paid add-on, and each follower must be a broker account you've connected and enabled (uses a Broker Slot).
Total +₹23,750 Unrealised +₹19,400 Realised +₹4,350 copy trading ON
AccountRole×ResultTotal P&L
Zerodha · AB1234LEADER1.0PLACED · 2 lots+₹8,250
Dhan · 50****67FOLLOWER2.0PLACED · 4 lots+₹16,400
Demo AccountFOLLOWER1.0PLACED · 2 lots−₹900
Copier tab — combined P&L cards and a per-account table; one leader order mirrored to followers by multiplier with per-account results.

3 · Alerts

The watch-and-notify layer that bridges analytics and execution. You cannot watch every strike all day — an alert does it for you: configure a precise rule once and the engine evaluates it at every 1-minute bar close and pings you the instant it fires — or, if you arm it, places the order for you. Alerts run server-side, so they keep working with the browser tab closed.

Two modes, one engine
Every alert is first a notification rule — in-app toast, sound, Telegram, WhatsApp and/or webhook. Any alert can additionally be armed to auto-place an order the moment it fires — see Place an order on trigger at the end of this section.

Alerts — your second pair of eyes Beginner Intermediate Advanced

Configure the condition once — the engine evaluates it at every 1-minute bar close (HH:MM:02 IST) during NSE F&O market hours only (09:15–15:30 IST on weekdays, NSE holidays skipped) — and pings you the moment it fires via in-app toast, sound, Telegram, WhatsApp and/or webhook. Alerts persist server-side, survive browser restarts, and keep running when this tab is closed. After 15:30 the engine goes idle and resumes automatically at 09:15 the next trading day, so post-close prints (auction, late ticks) do not trigger fires.

Trader's mental model
Think of an alert as "the rule I'd use to wake up a junior trader". You wouldn't say "watch this stock" — you'd say "call me the moment NIFTY closes a 1-minute bar below 24,000 OR the ATM straddle premium drops under ₹80". That's an alert: a precise trigger + a precise notification, evaluated mechanically.
New AlertNIFTY · 26 Jun expiry
Scope Option · CE ▾  ·  Strike 24,200 ▾ Conditions
LTP  ≤ ▾  70  stop
— OR —
LTP  ≥ ▾  180  target  + add condition
Trigger Only once / Per minute Expiry End of day · 23:59 IST ▾ Notify Toast 🔔 loud WhatsApp Telegram
Test Now Save Alert
The alert builder — scope, multi-condition logic, trigger mode, expiry and channels in one modal. Test Now dry-runs the conditions against live data.

The four trader scenarios alerts solve

ScenarioWhat you wantAlert recipe
Entry trigger"I'll buy if NIFTY breaks above 24,100 on a closed bar."Spot · LTP Crossing Up 24,100 · Only once · Sound + Toast
Position management"I'm long 24,200 CE at ₹110. Alert me at stop (₹70) or target (₹180)."Option (CE) · LTP ≤ 70 OR LTP ≥ 180 · Only once · Telegram
Vol / regime change"Tell me when ATM straddle premium compresses under ₹80 — IV got crushed."ATM Straddle · LTP ≤ 80 · Only once · Loud sound + Webhook to your auto-trader
Hands-off monitoring"Recurring ping every bar the trade is still in profit so I know it's safe to step away."Straddle (short) · LTP New Day Low · Per minute · Toast

Step 1 — Pick the right scope

Scope is "which instrument the engine is watching." Picking the wrong scope is the most common reason an alert never fires — choose for the question you're actually asking.

ScopeUse when…What gets watched
SpotYou want a level alert on the underlying index/stock.The cash index price (e.g. NIFTY 24,026).
FutureYou trade futures and care about basis vs spot.The expiry-specific futures LTP plus computed basis.
Option (CE / PE)You're tracking a specific CE or PE position — say your long 24,200 CE.One leg at one strike. Has IV and full Greeks (Δ, Γ, Θ, ν).
Straddle (fixed strike)You hold or want to hold a straddle at a specific strike that won't drift.CE+PE combined premium at one fixed strike.
Strangle (fixed strikes)You sold a strangle — say 23,900 PE + 24,200 CE — and want to monitor combined mark-to-market.OTM Put + OTM Call combined premium at two fixed strikes.
ATM Straddle (rolling)You're sensing implied move / volatility, not a position. The strike auto-rolls as spot moves so the alert never goes stale.The canonical "ATM" rolling token published by the data feed. Strike re-resolves every bar.
CustomMulti-leg strategies — iron condor, calendar spread, broken-wing butterfly — where you watch net P&L of the whole structure.You define N legs with signed ratios; engine sums them per bar.
Straddle vs ATM Straddle — choose carefully
Straddle (fixed) never changes its strike. Pick this when you have an actual position glued to one strike.
ATM Straddle (rolling) re-resolves the strike every minute. Today's 24,050 ATM may be tomorrow's 24,100 ATM. Pick this for vol/regime monitoring where the concept of "current ATM premium" matters, not a specific contract.

Step 2 — Pick the parameter

Parameter is "which number on that instrument to watch." Which params are exposed depends on scope (single options have IV + per-leg Greeks; combined scopes have net Greeks but no IV).

ParameterTrader's use
LTPThe price itself. Most level-based alerts read this — stop-loss, target, breakout.
LTP Chg / LTP Chg %Day move vs prev close. "Wake me when CE doubles" → LTP Chg % ≥ 100.
OI / OI Chg / OI Chg %Position build-up signal. Sudden big OI increase on a strike = institutional flow. Combine with LTP Chg % for buildup classification.
Volume / Vol Chg / Vol Chg %Activity spikes. Unusual volume = something is happening on that contract.
IV / IV Chg / IV Chg %Implied vol. "Alert me on IV pop" before an event = IV Chg % ≥ 20. (Option scope only — per leg.)
Day High / Day LowEngine-tracked running extremes since the alert was created. See the baseline section below.
DeltaDirectional exposure of one option leg. Long an ATM CE for gamma scalping? Fire at Delta ≥ 0.7 — you're now significantly directional.
Gamma / Theta / VegaPro/quant alerts on Greek extremes (e.g. theta-burn warning for ATM straddle sellers).
Net Delta / Net Theta / Net VegaGreek totals for combined scopes. "Sound my buzzer when my short strangle's net delta drifts past ±0.20" = a hedge alert.
BuildupCategorical: Long Buildup / Short Buildup / Long Unwind / Short Covering / Neutral. Computed from LTP Chg × OI Chg sign. Use the = operator with a string value.
CDVCumulative delta volume — net aggressive buy minus sell pressure. Direction-of-flow signal at the option level.
Basis / Basis %Futures premium over spot. Cash–futures arbitrage alerts; cost-of-carry shifts.

How "Day High / Day Low" actually works (read this once)

This is the most common point of confusion. The engine does NOT use the broker-reported day high/low. Instead:

  1. When you create the alert, the engine captures the current LTP as the starting day high AND day low.
  2. Every minute thereafter, the running high is the max of (running high, this bar's LTP). Running low is the min, symmetrically.
  3. At IST midnight, both reset to the next day's first observed LTP.

This means "new day low" fires when LTP drops below the lowest LTP the engine has seen SINCE THE ALERT WAS CREATED, not the actual day's low recorded at 09:25 before the alert existed. The same applies to "new day high".

Why we don't use the broker's day low
For combined scopes (straddle/strangle), the broker's "day low of CE + day low of PE" is a sum of two extremes that happened at different moments — a price the combined premium never actually traded at. Engine-tracking the running min of LTP fixes that across all scopes consistently.

Step 3 — Pick the operator

Operators come in two families: level triggers (true any bar the condition holds) and edge triggers (true only on the specific bar where the transition happened).

Level triggers (every matching bar fires)

OpFires whenTrader use
≥ / >value reaches or exceeds thresholdTarget hits, breakout above resistance
≤ / <value falls to or below thresholdStop-loss, breakdown below support
= / ≠value equals / doesn't equal thresholdCategorical params (Buildup = Long Buildup)

Edge triggers (only the bar that crossed/transitioned fires)

OpFires whenTrader use
Crossing Uplast bar was below, this bar is aboveClean breakout entries (no chatter while sitting at the level)
Crossing Downlast bar was above, this bar is belowBreakdown entries / trail-stop hits
Crossing (either)either of the aboveRange break in either direction
Entering Channel [lo, hi]last bar outside the band, this bar insideMean-reversion: price returning into a VWAP±2σ band
Exiting Channel [lo, hi]last bar inside, this bar outsideRange breakout from morning consolidation (24,020–24,050)
New Day HighLTP prints a fresh running maxStrength continuation, trailing-extreme signal
New Day LowLTP prints a fresh running minWeakness continuation; or "my short straddle just made a new profit low"
Moving Up Δ / N barsvalue rose by ≥ Δ (pts or %) across the last N×interval barsMomentum acceleration — "CE rose 30% in 5 minutes"
Moving Down Δ / N barsvalue fell by ≥ Δ over the same windowMomentum decay — "ATM straddle dropped 20 pts in 10 minutes" = vol crush
Level vs edge — when does it matter?
A level trigger at LTP ≥ 24,100 with trigger=Per minute fires every single bar NIFTY stays above 24,100. Use it for monitoring ("ping me as long as we're still above") or with trigger=Once for one-shot stop/target hits.
Crossing Up at 24,100 fires exactly once per breakout, regardless of trigger mode — the bar where it crossed. Use this for clean entries (no spam if price oscillates).

Step 4 — Combine with logic (AND / OR)

For Option scope with side=BOTH, CE and PE each evaluate the conditions independently — so a "BOTH" alert can produce two separate fires per bar (one for CE, one for PE).

Step 5 — Trigger mode + expiration

Every alert has an expiry timestamp; the engine auto-disables it at that moment. Default is "End of day" (today 23:59 IST) — the right choice for most intraday alerts. Use "End of week" / "End of month" for positional alerts, "Custom" for event-specific timing (e.g. an FOMC alert that expires at 23:30 on the day of the meeting).

Step 6 — Notifications

ChannelWhen to use
ToastTop-right popup in any open browser tab. Auto-fades after 7s; the fire is also appended to the LOG tab regardless of the toggle.
SoundYou're at the screen but not staring at it. Pick loud+loop (4-beep alarm) for can't-miss alerts.
TelegramYou're away from the terminal. One-time bot setup via @BotFather: create a bot, copy the token + chat ID into the modal. Credentials persist across all your alerts — set them once.
WhatsAppDelivered through the platform's WhatsApp channel to your registered number (subject to the 24-hour messaging window). Good for can't-miss fires when you live in WhatsApp.
WebhookMachine consumers — your auto-trader, a logging server, a Discord/Slack integration. POST with an optional JSON body template; variables like {symbol}, {strike}, {ltp}, {message}, {fired_at} are substituted. 5s timeout, no retry.
NIFTY 24,200 CE Option · CE
ON · Only once
IF LTP ≤ 70  (stop)
— OR —
IF LTP ≥ 180  (target)
Toast 🔔 loud WhatsApp Webhook
Expires: End of day (23:59 IST) · checked every 1-min bar close
A configured, live alert — scope + condition logic + channels on one rule card (stop-and-target on one CE).
Telegram bot — branding tip
We suggest naming the bot's display name "FNOTrader Alerts" so it's recognisable across options + cash alerts. The bot's username can be anything — we suggest FT<your portal ID>_bot (e.g. FT8507_bot) to keep it personal and discoverable. The "?" button next to the Telegram inputs in the modal shows the exact copy-paste commands.

Worked examples — actual trader recipes

Example 1 — Stop-and-target on a long CE

You bought NIFTY 24,200 CE at ₹110. Risk-reward: stop at ₹70 (loss = 40), target at ₹180 (gain = 70). You want one alert that fires whichever hits first, so you can switch tabs to your broker and exit.

Example 2 — Vol-crush exit for short ATM straddle

You sold the ATM straddle for ₹120 of premium first thing in the morning. You want out the moment IV gets crushed and the premium falls to ₹80 (a clean 40-point profit).

Example 3 — Range breakout (Spot · Exiting Channel)

NIFTY has been chopping 24,020–24,050 all morning. You want to take the breakout in either direction the instant it closes outside the range on a 1-minute bar.

Example 4 — Trail stop on a winning short strangle

You sold the 23,900 PE + 24,200 CE strangle for ₹140 combined. You want a recurring "every bar this is making a new low in premium, ping me" — so you can decide when to lock profits.

Example 5 — Gamma scalping signal (Option · Delta)

You're long an ATM CE with the intent to delta-hedge as the underlying moves (gamma scalping). When delta drifts past 0.7, you've become significantly directional and need to hedge or reduce.

Example 6 — IV-pop pre-event alert

FOMC is at 23:30 IST. You want a heads-up if IV pops >20% on the ATM CE before the event (meaning the market is starting to price in volatility — sometimes a tell that the move's already happening).

Example 7 — Momentum acceleration (Moving Up)

You want to know when a CE you're tracking pops 30% within 5 minutes — a signal of aggressive directional flow on that specific strike.

Example 8 — Iron condor P&L exit (Custom scope)

You sold a 23,900/23,800 put spread + 24,200/24,300 call spread (4-leg iron condor) for ₹55 of net credit. Want out when the net debit to close drops to ₹25 (60% profit) OR if it rises to ₹90 (loss too big).

Common pitfalls

How alerts fit into your trading day
  1. Morning: set up recurring monitoring alerts for the regime you expect (e.g. ATM Straddle making new lows for a vol-crush day).
  2. When you take a position: immediately add a position-management alert (stop OR target on the legs you bought/sold).
  3. For setups you're hunting: add one-shot entry-trigger alerts (Crossing / Exiting Channel on the level that confirms your thesis).
  4. Leave the tab open or set Telegram / WhatsApp if you'll step away. The engine keeps evaluating server-side regardless.
  5. End of day, scan the LOG tab — every fire was logged with the exact instrument, LTP at fire, and the condition that matched. It's your audit trail for postmortem reviews.

Place an order on trigger Advanced

Let an alert pull the trigger for you. Any alert can be set to auto-place an order server-side the moment it fires — even with the app closed. In the alert's Place an Order section you choose the side (BUY/SELL), lots, product (MIS/NRML) and which broker/Demo accounts the order should hit. For a straddle/strangle alert it fires both legs (CE + PE) automatically.

How traders use it
Set an ATM-straddle alert to fire when premium decays below your level and attach a SELL-1-lot order on your Demo account to rehearse; once you trust it, flip Trade live on and point it at the real account.
Real money
With Trade live on, the order is placed automatically and unattended on your real broker account when the alert fires — there is no confirm step at fire time. Set lots and accounts deliberately and pair it with the Terminal's SL/TGT guards.
Place an Order  — fires when the alert triggers
Side SELLLots 1Product MISType MARKETstraddle → both CE + PE
Trade live ON — real accounts now selectable
☑ Zerodha · AB1234 (real) ☑ Demo Account (paper · always allowed) ☐ Dhan · 50****67 (real)
Last fire: placed=2, failed=0, skipped=0
Alerts — server-side auto-order with the per-alert "Trade live" gate and multi-account selection.

⚡ Live trade setups

The three recipes below are the most-used playbooks. Each one tells you which page to open, which signals to look for, and which trade to place when those signals line up. Read them top-to-bottom — the buying setup explains the signal language used in the others.

All setups assume market hours and live data
Auto-refresh should be ON (top bar → "Auto" + 3s). Outside market hours the signals are stale. The Intraday Tape and Straddle/Strangle Table chart-views update every few seconds during the session.

1. Intraday option buying Beginner Intermediate

Thesis: A specific strike has just confirmed a directional break — buy that side's option for a quick intraday move. Defined risk (premium paid), high reward if the move continues.

Pages you'll use

Signals — all four ideally line up

#SignalWhere to see itWhat it means
1 New day-high on a specific CE (or PE) Intraday Tape — cell will flash; or Straddle Table chart view — that strike's CE chart breaks today's prior high Buyers are pushing premium up. The market is repricing that strike higher.
2 PPV volume bar / volume spike on the same strike Intraday Tape — bottom stripe of the cell turns bright (green for big up-vol, red for big down-vol; grey is filtered out) The move came with conviction — institutional or algo participation. Not just noise.
3 VWAP flipped — price now above VWAP for CE (or below VWAP for PE) Strike Charts (CE side or PE side) with VWAP toggle on; or the per-strike CE/PE chart in Straddle Table chart-view Intraday trend has flipped in your favour. The dominant volume-weighted price is below the current price.
4 Spot supports the direction Composite or Rolling ATM page — spot trending in the same direction (up for CE buy, down for PE buy) The underlying is confirming the option-side signal. Without spot follow-through, the option move dies.

How to enter

  1. Open Intraday Tape. Scan for cells flashing on a strike — especially OTM-1 to OTM-3 for the side that's running.
  2. Click the cell to expand the strike's CE/PE charts at the bottom. Confirm:
    • Price above VWAP (for CE buy) or below VWAP (for PE buy)
    • Volume bar bigger than recent average
    • SuperTrend matches direction (green segment for CE, red for PE)
  3. Cross-check the spot direction in Composite tab.
  4. Switch to Strategy Builder, click Buy Call (Bullish) or Buy Put (Bearish), set strike to the one you scanned, verify Margin Required = premium × lot × multiplier.
  5. Execute it straight from the Builder (Paper or Real), or send a limit order at the LTP from the Option Terminal. ★ Save in Builder to monitor live P/L.

How to manage

Don't do this
  • Don't buy options based on a single signal (e.g., volume spike alone). Need 3+ aligned signals.
  • Don't buy ATM options on Thursday afternoon (NIFTY/BANKNIFTY weekly expiry day) — theta crush is brutal.
  • Don't average down on a losing option-buy. The position is already wrong; adding to it doubles the wrong.

2. Directional option selling Intermediate Advanced

Thesis: Same signal pattern as the buying setup — but you sell the opposite side instead. If a CE is breaking high (strong upmove), you sell PE (market thinks puts are now overpriced). Higher win rate than buying, but capped upside and unlimited theoretical downside (use spreads to cap it).

Why sell the other side instead of buying this side?

Signals — same four, mirrored

If the BUY setup says…The SELL setup says…
CE day-high breaking + PPV volume spike + above VWAP + spot upSell OTM PE (1–3 strikes below ATM) — preferably as a Bull Put Spread to cap risk
PE day-high breaking + PPV volume spike + below VWAP + spot downSell OTM CE (1–3 strikes above ATM) — preferably as a Bear Call Spread to cap risk

How to enter

  1. Confirm the signal stack on the Intraday Tape (same as buying setup).
  2. Switch to Strategy Builder:
    • For an up-confirmed move: pick Bull Put Spread from Bullish templates (sell PE, buy further OTM PE for protection)
    • For a down-confirmed move: pick Bear Call Spread from Bearish templates (sell CE, buy further OTM CE for protection)
  3. Verify Margin Required tile (selling needs SPAN+exposure margin from your broker). Spreads have ~80% lower margin than naked sells.
  4. Verify the POP stat tile shows ≥ 60% (probability of profit). If lower, the trade isn't worth the capped reward.
  5. Execute all legs together with the Builder's Execute (all-or-nothing — a failed leg is unwound), or stage them in the Terminal Basket and fire in one shot. ★ Save in Builder.

How to manage

Tighten with the Strikewise IVs panel
In the Strategy Builder bottom-row, edit IV manually to simulate "what if IV crushes 2 points after this move resolves." If your spread still profits at lower IV, the trade has a vega tailwind too — strongest possible setup.

3. Non-directional option selling Intermediate Advanced

Thesis: Spot is in a tight range (no clear trend). Volatility is bleeding out. Sell ATM straddle or OTM strangle and collect time decay over 1–3 days. The classic "sell premium when nothing is happening" play.

Pages you'll use

Signals — all five ideally line up

#SignalWhere to see itWhat it means
1 Spot in a range or drifting slightly up/down Composite chart — spot oscillating within ~1% band over last 1–2 days No trending order flow. Big directional moves unlikely in next 1–3 days.
2 ATM straddle premium falling intraday Straddle page — line/baseline chart on the ATM straddle ticker. Trend should be DOWN through the day. IV is bleeding out. Time decay is winning. Premium sellers are getting paid.
3 Straddle premium below today's VWAP Straddle Table chart-view — Straddle column for ATM and ATM±1 strikes shows the line below the amber VWAP overlay The current premium is below the volume-weighted day average. Sellers who entered earlier are already in profit.
4 Straddle premium below EMA10 AND EMA20 Straddle Table chart-view — toggle EMA10 (blue) and EMA20 (purple) ON. Both should be ABOVE the price line. Short-term and medium-term momentum are both bearish on the straddle. Sustained decay regime.
5 SuperTrend DOWN (red dotted segment) on the straddle Straddle Table chart-view — toggle SuperTrend ON. ST line should be ABOVE the price (red colour) for ATM and adjacent strikes The dominant trend on the straddle is down. Strong confirmation that selling premium is the right side.

How to enter

  1. Open Straddle Table, switch to Chart view (toggle at top right).
  2. Toggle indicators: VWAP ON, EMA10 ON, EMA20 ON, SuperTrend ON.
  3. Look at the Straddle column for ATM and ATM±1 strikes. All five signals above should be visible at a glance.
  4. Switch to Strategy Builder:
    • For a wide-range bias: Short Strangle (Sell OTM-3 CE + Sell OTM-3 PE) or, with defined risk, Short Iron Condor (adds long wings at OTM-6).
    • For a tight-range bias: Short Straddle at ATM, or Iron Butterfly for defined risk.
  5. Verify in the stats tiles:
    • POP ≥ 65% (range-bound trades should have high probability)
    • Net Theta positive (in the bottom Greeks panel)
    • Net Vega negative (you'll profit if IV falls more)
    • Margin Required within your risk budget
  6. Drag the Target Date slider to "+1d" or "+2d" to see how the position evolves with time. Confirm green P/L at current spot if held to that date.
  7. Execute all legs in one shot — the Builder's Execute or the Terminal Basket. ★ Save in Builder.

How to manage

Spot the regime change with one glance
On the Straddle Table chart view, watch the SuperTrend colour. All cells red ST = sell-premium regime. If you start seeing green ST appear on multiple strikes simultaneously, vol is expanding — exit your shorts and consider switching to a long-vol setup (Long Straddle / Long Strangle).

Trading workflows

Concrete recipes — how to actually find a trade with this app.

Beginner: my first trade Beginner

Goal: Place a defined-risk trade with capped loss and clear thesis.

  1. Pick a symbol you have a view on. Type it in the search bar at top. Wait for the chain to load.
  2. Look at the top-of-page Sentiment chip on the Option Chain. If it matches your view (e.g., chip says Bullish and you think it's bullish), click it.
  3. The Suggested Strategies popover opens. Pick a Conservative · Spreads strategy with the strikes shown.
  4. Switch to Strategy Builder tab. Click the same strategy name in the Bullish/Bearish/Neutral grid (or build it manually with the strikes from the suggestion).
  5. Verify the stats tiles: Max Profit, Max Loss, Margin Required. Make sure Max Loss is something you can afford to lose.
  6. Open the P&L Table tab — see exactly what your P/L is at every spot level.
  7. If everything looks right, fire the structure straight from the Builder's Execute, or stage the legs in the Terminal Basket and execute them together.
  8. Hit ★ Save in the Builder so you can monitor live P/L on the Saved tab.
Beginner mistakes to avoid
  • Naked option selling — Sell Put / Sell Call. Unlimited risk on one side. Use the Spread variants instead until you understand margin and assignment risk.
  • Buying ATM on expiry day — theta destroys ATM premium fastest near expiry. Buying ATM on Thursday morning for NIFTY weekly expiry usually loses 70%+ in hours.
  • Trading without checking margin — short strategies can need ₹1L+ margin. Always look at the Margin Required tile.

Intermediate: theta-decay setup Intermediate

Goal: Sell premium with defined risk on a low-IV day, profit from time decay over 2-3 days.

  1. Open Rolling ATM. Look at the last 5 days of straddle premium chart. Is current straddle premium below its recent average? That's a low-IV environment — risk-on for short premium.
  2. Switch to Composite. Confirm spot is range-bound (no clear trend last 2 days).
  3. Go to Strategy Builder. Pick Short Iron Condor from the Neutral templates.
  4. Adjust strike widths if you want — wider wings = lower premium but lower max loss. The default ±3 / ±6 strike layout works for NIFTY weekly.
  5. Check the Greeks panel at the bottom. Confirm Net Theta is positive (time is on your side) and Net Vega is moderately negative (you'll profit if IV falls further).
  6. Drag the Target Date slider to "+2d" — see what your P/L looks like in 2 days at current spot. If it's reasonable green, the trade has positive carry.
  7. Execute the 4 legs together from the Builder's Execute (or the Terminal Basket). ★ Save to monitor live P/L.
  8. Set mental stops: close if the P/L Table shows you're at -50% of margin, or if spot moves outside your short strikes.

Intermediate: event trade (RBI, Fed, results) Intermediate

Goal: Profit from a known volatility event, regardless of direction.

  1. Day before event: open Strategy Builder, pick Long Straddle at ATM.
  2. Note the cost (Net Debit). This is your max loss.
  3. In the Strikewise IVs panel, manually drop ATM IV by 3-5 points (simulating IV crush after the event). See how much the position would lose.
  4. If the post-crush loss is acceptable AND the spot move needed to break even is reasonable (BE in stats tile), enter the trade.
  5. Exit: cover both legs the moment the event is announced — IV crush starts within minutes. Don't wait for the spot move.

Advanced: vol-skew condor Advanced

Goal: Sell rich PE-side IV vs. cheap CE-side IV.

  1. Check Option Chain top chips: IV Skew > +3 means PEs are richly priced.
  2. Build a Bear Call Spread + Bull Put Spread manually (asymmetric — narrower call wing, wider put wing).
  3. Verify Net Vega is short (you want IV to fall) and Net Theta is positive.
  4. Use the Target Date slider at "+5d" to see how the position evolves through the week.
  5. Edit the Strikewise IVs to test "what if PE IV reverts to flat" — that's where the alpha is.

Advanced: calendar spread Advanced

Goal: Profit from term-structure (near-month overpriced vs far-month) at ATM.

  1. Builder → click Long Calendar with Calls from Bullish templates (or with Puts from Bearish).
  2. The far-leg expiry auto-fills as the next available expiry beyond your current expiry. Verify in the leg editor.
  3. Look at the payoff: classic calendar shape — peak at ATM, drops on either side.
  4. The On Target Date curve (dashed blue) is critical here — calendars don't pay until time passes. Drag the date slider toward the near-leg expiry to see the peak grow.
  5. Greeks: Net Vega should be positive (you want IV to rise on the far leg before the near expires) and Net Theta should be slightly negative initially, turning positive as near-leg theta accelerates.
  6. Exit when near-leg expires worthless (best case) or when spot moves significantly away from ATM (worst case — close the spread to cap losses).

Reference

IV & standard deviation

For NIFTY at spot S with annualized IV σ and T years to expiry:

Example: NIFTY @ 24000, σ = 14% (0.14), 5 days to expiry → 1 SD = 24000 × 0.14 × √(5/252) ≈ 474 points. So ~68% chance NIFTY closes within 24000 ± 474 by expiry.

The Strategy Builder shows this in the bottom-right "Standard Deviation" panel, with both 1 SD and 2 SD ranges.

OI buildup tags

Decoded from the change in OI vs change in price between the previous close and today:

TagPrice ΔOI ΔInterpretation
Long BuildupNew longs entering. Bullish.
Short BuildupNew shorts entering. Bearish.
Long UnwindingExisting longs exiting. Mildly bearish.
Short CoveringExisting shorts exiting (forced cover). Mildly bullish, often violent.

Indicators (VWAP, EMA, SuperTrend)

All four chart-bearing pages (Strike Charts, Straddle, Strangle, Tape, Builder mini-charts, Straddle/Strangle Table chart view) use the same indicator suite:

Colors & conventions

ColorMeaning across the app
GreenProfit, bullish, BUY, up-move, today positive
RedLoss, bearish, SELL, down-move, today negative
Blue (accent)CE side, EMA10, target-date overlay, primary actions
AmberPE side, ATM row, VWAP, headers, neutral state
PurpleEMA20
Muted greyInactive, low-volume, breakeven verticals, secondary text

Glossary

TermMeaning
ATM / OTM / ITMAt-the-money / Out-of-the-money / In-the-money. See primer.
BSMBlack-Scholes-Merton — the option-pricing formula used to reprice legs at any target date.
BE (Breakeven)Spot price where strategy P/L = 0.
CDVCumulative Delta Volume — net buy vs sell volume; positive = buyers in control.
CE / PECall (CE) or Put (PE) option.
Δ Net DeltaSum of Δ across all legs of a strategy. Directional exposure.
DTEDays to expiry.
FNO / F&OFutures & Options segment.
GEXGamma Exposure — aggregate dealer gamma. See GEX page.
IVImplied Volatility — market's forecast of annualised price std-dev.
IV SkewOTM-PE IV minus OTM-CE IV. Positive = puts more expensive (downside fear).
Lot sizeNSE-mandated minimum quantity per lot. NIFTY = 65, BANKNIFTY = 35, SENSEX = 20 (changes occasionally — chain shows current).
LTPLast Traded Price.
Max PainStrike at which total option-buyer payoff is minimised. Often a "magnet" near expiry.
OIOpen Interest — number of outstanding contracts at that strike/side.
OTM-NN strike-steps out-of-the-money. E.g., OTM-2 CE for NIFTY @ 24000 is 24100 strike (2 × 50pt step).
POPProbability of Profit. Lognormal estimate based on ATM IV and DTE.
PPVPrice-Price Volume — visualisation showing big-volume bars where price also moved decisively.
SPAN+Exposure marginNSE's margin computation for short F&O positions. The Margin Required tile shows the live, broker-computed value.
SuperTrendATR-based trend indicator.
Theta crushRapid time-decay near expiry. Hits ATM hardest.
VIXIndia VIX — NIFTY's "fear index". Roughly 30-day forward NIFTY IV.
VWAPVolume-Weighted Average Price for the day.
Walls (OI)Strikes with abnormally high OI on one side. Often act as resistance (CE wall) or support (PE wall).

FNOTrader Options Analytics · Last updated 2026-05-03 · Back to app