Thursday, January 2009
What Does Option Chain Mean?
A way of quoting options prices through a list of all of the options for a given security. For each underlying security, the option chain tells investors the various strike prices, expiration dates, and whether they are calls or puts.
An upgrade to the NSE Web Site shows option chains. If you click on "Option Chains" on the main page, and enter an underlying, like NIFTY, you can see a straddle chain list, with expiry date links at the top:
