Part4 Institutional Trading

Tools & Platforms for Trading Options
Popular Brokers in India:
Zerodha

Upstox

Angel One

Groww

ICICI Direct

Option Analysis Tools:
Sensibull

Opstra

QuantsApp

TradingView (for charting)

NSE Option Chain (for open interest and IV analysis)

Important Metrics in Option Trading
1. Open Interest (OI):
Indicates how many contracts are active. Rising OI with price = strength.

2. Implied Volatility (IV):
Represents market expectation of volatility. High IV = expensive options.

3. Option Chain Analysis:
Used to find support, resistance, and market bias using OI and IV.