Option Chain with Extrinsic Value

그저께

This indicator displays a real-time option chain table focused on the extrinsic value of each option strike.

Extrinsic value reflects the time value + implied volatility component of an option and plays a critical role in understanding premium expansion, decay, and positioning.



What this indicator shows
Real-time extrinsic value for Call and Put options

Side-by-side strike-wise comparison

Clear visibility of where premium is expensive or cheap

Helps identify overpriced and underpriced options

How traders can use it
Detect IV expansion or contraction zones

Avoid buying options with high extrinsic risk

Improve entry timing for option buying

Identify premium decay advantage for sellers

Use alongside price levels for better context-based decisions

Best use case
Intraday NIFTY options trading

Works best when combined with price structure and key levels

Designed to add context, not signals

Important Note:
This is a decision-support tool, not a buy/sell signal indicator. It is intended to enhance options awareness and risk management,

그저께

릴리즈 노트

This indicator displays a real-time option chain table focused on the extrinsic value of each option strike.

Extrinsic value reflects the time value + implied volatility component of an option and plays a critical role in understanding premium expansion, decay, and positioning.



What this indicator shows
Real-time extrinsic value for Call and Put options
Side-by-side strike-wise comparison
Clear visibility of where premium is expensive or cheap
Helps identify overpriced and underpriced options

How traders can use it
Detect IV expansion or contraction zones
Avoid buying options with high extrinsic risk
Improve entry timing for option buying
Identify premium decay advantage for sellers
Use alongside price levels for better context-based decisions

Best use case
Intraday NIFTY options trading
Works best when combined with price structure and key levels
Designed to add context, not signals

Important Note:
Update Reference ATM strike when the indicator throws an error.

This is a decision-support tool, not a buy/sell signal indicator. It is intended to enhance options awareness and risk management.