What do the different columns in the FYERS Option Chain mean?
The FYERS Option Chain helps you compare Call and Put option contracts across different strike prices. The available columns provide information about option prices, trading activity, Option Greeks, volatility, and probability estimates.
Price and market activity
| Column | Meaning |
|---|
| LTP | The last traded price of the option contract. |
| Bid / Ask | The best available buy and sell prices. |
| Volume | The number of option contracts traded during the day. |
| OI | The total number of open option contracts. |
| OI Chg | The change in Open Interest from the previous trading session. |
Option Greeks and volatility
| Column | Meaning |
|---|
| Delta | The expected change in the option price for a one-point move in the underlying. |
| Gamma | The expected change in Delta when the underlying price moves. |
| Theta | The impact of time decay on the option’s value. |
| Vega | The impact of changes in Implied Volatility on the option price. |
| IV | Implied Volatility, which represents the market’s expectation of future volatility. |
Value and probability
| Column | Meaning |
|---|
| ITM Prob | The estimated probability of the option expiring In The Money. |
| Intrinsic Value | The option’s value based on the current underlying price. |
| Time Value | The portion of the option premium above its intrinsic value. |
| Breakeven Point | The underlying price at which the option may break even at expiry, before charges and taxes. |
| Intrinsic Value (FUT) | The intrinsic value calculated using the futures price, where applicable. |
| Time Value (FUT) | The time value calculated using the futures price, where applicable. |
| Probability of Profit | The estimated probability of the option expiring profitably based on its breakeven level. |
Quick Glance indicators
| Indicator | Meaning |
|---|
| PCR | The Put-Call Ratio, which compares Put-side and Call-side activity. |
| Max Pain | The price level at which the highest number of option contracts may expire worthless. |
What If...
| Scenario | Solution |
|---|
| A required column or indicator is not visible. | Refer to How do I customise the FYERS Option Chain? to manage the displayed columns and indicators. |
| Probability of Profit differs from ITM Probability. | This is expected. ITM Probability estimates whether the option may expire In The Money, while Probability of Profit considers the option’s breakeven level. |
Last updated: 30 July 2026
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