Advantages of Buying NTPC shares using Quantsapp Option Chain
- Helps in tracking live NTPC Futures Price so we know the Fair Value of the underlying.
- Tracking Live Premiums for all the NTPC Options helps in knowing the price of Options that we are going to trade.
- Implied Volatility for the NTPC Option Strikes to track the uncertainty in those Options with the help of Quantsapp tool - NTPC Option Chain.
- Volumes on all NTPC Options ensure liquidity & participation on that Option, so that the Option we are buying doesn’t face a liquidity issue while exiting.
- With a help of NTPC option chain data you can track Options Greeks for NTPC Options so we know what is affecting our Option Premiums.
- Open Interest & Change in Options OI to decipher Option Participants' reaction to any move or event better using color-coded Open Interest in Quantsapp Option Chain.
- A) Call Writers view: Underlying neutral to bearish.
- B) Call Writers view when unwinding: Underlying scaling higher.
- C) Put Writers view: Underlying neutral to bullish.
- D) Put Sellers view when unwinding: Underlying edging lower.
- In NTPC share option chain the Biggest Green Bar=Strike with most CE Writers open contracts which might act as a Resistance for NTPC. When Buying NTPC shares around the highest Call OI strike & more CE writings & Put OI addition might be vulnerable & vice-versa.
- Biggest Red Bar=Strike Price with most PE writers having open contracts which might act as a support. When Buying NTPC shares around the highest Put OI strike & more Put writings & Call OI unwinding addition might be fruitful & vice-versa.
- Using Quantsapp Option Chain if buying NTPC Shares can check how participants change their position when NTPC reaches around this level on the page NTPC option chain.
- More Put Writers adding OI indicating Put Writers view being mildly bullish on NTPC which might act as a very crucial level.
- More CE writers adding OI indicating their view being mildly bearish on NTPC.
- ATM NTPC strike will show the participant’s expectation of an immediate move above scenarios also apply to ATM strikes too.
This is how visually using Quantsapp Option Chain a trader has advantages while buying NTPC shares.
How to Buy a GO PRO/GO PRO+ Plan?
- Step 1:- Sign Up your account with web.quantsapp.com
- Step 2:- Click on your profile icon on the top right corner of the screen.
- Step 3:- Go to Buy subscription select PRO/PRO+, Monthly/Yearly subscription post comparing & getting information of the subscription plan & choose a payment mode.
- Step 4:- You will be navigated to Payment Gateway, enter your credentials, hit pay now & start your journey of being a data-driven trader.