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Spot Price22,500
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VIX / IV14.5%
0.500
D Delta
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G x1000
-18.0
T /day
16.0
V Vega
OI Distribution   Call PutATM wall swells as spot moves
Greeks Profile   Delta Gamma ThetaGamma peaks at ATM
GEX Zone
22,400–22,600
Market maker hedging range. Gamma pins spot here.
Theta Decay
Moderate — 7 DTE
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WHY OPTIONSLAB?

Most options tools show you price. OptionsLab shows you positioning — the only thing that actually precedes the move.

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When FII is net short and retail is net long, you have a trap setup. OptionsLab shows you this divergence in real-time — before it plays out in price.
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Market makers are short Gamma near expiry. When they hedge, they amplify moves. OptionsLab shows you the GEX flip zones — when the market is about to accelerate.
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I was trading Nifty F&O every week and getting blindsided on expiry day. Every tool gave me price data. None showed me where the money was actually sitting.

So I built what I wished existed — a platform that decodes FII positioning, GEX walls, and dark pool signals before the move happens. Not after.

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Last updated March 2026

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2. What We Never Collect

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Last updated March 2026

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1. Acceptance

By creating an OptionsLab account, you agree to these Terms. If you disagree with any part, discontinue use immediately.

2. Platform Description

OptionsLab is an analytical tools platform for Indian F&O traders. It provides data visualisation, signal indicators, and educational content. It is not a SEBI-registered investment advisor, research analyst, or portfolio manager. Nothing on this platform constitutes investment advice.

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RISK DISCLAIMER

OptionsLab is an analytical tools platform. Not a registered advisor. Not investment advice.

⚠ SEBI Disclosure: OptionsLab Technologies is NOT registered with SEBI as an Investment Advisor (IA), Research Analyst (RA), or Portfolio Manager (PM). All tools, signals, and content on this platform are for educational and informational purposes only and do not constitute investment advice or recommendations.
F&O Risk Warning

Options and futures trading involves a substantial risk of loss and is not appropriate for all investors. SEBI data shows that approximately 89% of individual F&O traders incur net losses. Only trade with capital you can afford to lose entirely.

No Guarantee of Accuracy

All data displayed on OptionsLab — including OI, FII positioning, Greeks, and signal indicators — is sourced from NSE/Angel One SmartAPI and processed in real time. Whilst we strive for accuracy, we make no guarantee that data is complete, accurate, or timely. Market data can be delayed, erroneous, or missing.

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Actively maintained

CHANGELOG

v1.1.0 — March 2026

Fixed: showPage ReferenceError — early stub script now runs before DOM loads. New: Glowing green nav tabs. Saffron/orange accent text. Full Pricing, Contact, Why, About pages. All auth buttons redirect to register.html. SyntaxError (template literals) fixed. Responsive design v2.0.

v1.0.0 — January 2026

Launch: Options chain, Greeks engine, Strategy Lab, Smart Money FII Footprint, Analytics Engine, Academy (19 chapters EN + Hindi).

OPTIONSLAB SETUP GUIDE

From Zero to
Live Trading Data

Complete walkthrough to open your broker account, setup SmartAPI, and connect OptionsLab — all in about 30 minutes.

~30 min · Free · No credit card
0/15
0%
ALL PHASES
Nifty 50
22,513.70
India VIX
14.23
PCR
1.08
Max Pain
22,400
ATM Strike
22,500
IV Rank
38th %ile
LIVE FEEDWEEKLY EXPIRY
Expiry Countdown
00
DAYS
:
00
HRS
:
00
MIN
:
00
SEC
Put-Call Ratio
1.08
BearishBULLISHBullish
Nifty Options Chain
CALLS (CE)STRIKEPUTS (PE)
OI (L)OI ChgIV%LTPVolumeLTPVolumeIV%OI ChgOI (L)
NIFTY 50 — Intraday
IV Skew — Strike vs Implied Vol
India VIX
14.23
Zone: MODERATE
IV Percentile Rank
38th
Low IV environment.
Skew Ratio (25D)
1.24
Put IV > Call IV. Fear premium elevated.
Expected Move (±1 sigma)
±342
Weekly: 22,158–22,856
Strategy Builder
Presets
Legs
Max Profit
--
Max Loss
--
Breakeven 1
--
Breakeven 2
--
Payoff Diagram
Greeks at Spot
P&L Scenarios
GREEKS AT ATM STRIKE (22500 CE & PE)
GEX — Gamma Exposure Map
Delta Profile
Theta Decay Curve
Vega Surface
OI Buildup — Calls
OI Buildup — Puts
Short Covering
Long Unwinding
Max Pain Visualization
ANALYTICS ENGINE
LIVEREGIME: RANGING
NIFTY: 22,513
VIX: 14.23
Kyle's Lambda IMPACT
0.0024
Market impact per 1L order
VPIN ORDER FLOW
0.58
>0.7 = toxic flow likely
Roll Measure SPREAD
0.42
Implied bid-ask spread
Hawkes Intensity
1.84
Order arrival rate lambda(t)
Order Flow Imbalance
Loading flow data...
Volume Profile — Current Session
Realized Vol (20D)
12.8%
Annualized historical vol
GARCH(1,1) Forecast
13.4%
1-day ahead volatility
Volatility Risk Premium
+1.4%
IV minus RV (premium sellers edge)
IV Skewness (25D)
+2.8%
Put-Call IV differential
Volatility Cone (Percentile Bands)
Unusual Activity Score
7.2x
Relative to 30-day avg
Block Trades Detected
14
>100L OI in single order
Put/Call Premium Ratio
1.32
Weighted by premium paid
GEX Flip Zone
22,400
Gamma neutral strike
Live Options Flow Monitor
Loading...
OI x Premium Heatmap
Loading heatmap...
Current Regime RANGING
Choppy price action. Mean-reversion strategies preferred. Sell options at range extremes.
RANGING
Choppy. Mean reversion. Sell options at extremes.
VOLATILE
VIX elevated. Defined risk only.
COMPRESSED
VIX crushed. Pre-move accumulation.
Regime Probability Matrix
ADX Strength
18.4
>25 = strong trend
ATR (14) — Daily
248
Average True Range
Hurst Exponent
0.46
>0.5 trending, <0.5 mean-reverting
Dark Pool OI Score
6.8
Institutional stealth activity
Absorption Ratio
0.74
Large buyer absorbing sells
OI Divergence Index
-2.4
Price vs OI alignment
Momentum Ignition
LOW
Artificial move detection
Spoofing Signals
Scanning for spoofing patterns...
Bid-Ask Depth Imbalance
SMART MONEY FOOTPRINT
CLOSEDEXPIRY: THU
--:--:-- ISTKill Zone: NONE ACTIVE
FII BIAS SIGNAL
STRONGLY BEARISH
Click ANALYZE to update
Signal Strength Radar
LIVE
FII/DII Positioning
FII SHORT
CategoryLongShortNet
FII Fut21,8171,68,801-1,46,984
FII Call5,27,4925,60,986-33,494
FII Put6,66,3594,01,442+2,64,917
Retail Fut1,80,95884,891+96,067
FII NET SHORT 1,46,984 contracts. Retail net long — classic divergence trap.
Operator Phase
DISTRIBUTION
ACCUMULATION
Quiet buying, tight range, VIX compressed
STOP HUNT
Sweep PDH/PDL, trap retail, reverse
DISTRIBUTION
FOMO high, institutions exiting quietly
EXPANSION
Real directional move, ride the trend
Click ANALYZE to update phase.
Institutional Footprints
Decision Engine
6-CHECK
TRADE RECOMMENDATION
BUY 22400 PUT (PE)
Click ANALYZE for updated recommendation
Strike
22400 PE
Stop
-30%
Target
+80%
Conviction
HIGH
OI Wall Chart
Kill Zones
Open Drive
09:15 – 09:45
Continuation
09:30 – 10:15
Midday Reversal
12:00 – 13:30
Power Hour
14:00 – 15:15
VIX Signal
VIX: 14.23
VIX 11-18: Normal trading conditions
Alerts
0
No alerts
STRIKE SELECTION
1. ATM if VIX 14-18
2. 1-ITM if VIX >18
3. NEXT WEEK if VIX <13
4. Never OTM when VIX <11
5. Enter AFTER stop hunt
EXIT RULES
1. Exit at +80% profit
2. Stop loss at -30%
3. Exit by 2PM on expiry
4. Exit if VIX spikes >2pts
5. No new positions after 3PM
PRE-TRADE CHECKLIST
FII net futures position?
Retail divergent from FII?
Max Pain vs current spot?
PDH or PDL been swept?
VIX in tradable zone?
In valid Kill Zone?
OPTIONS ACADEMY — 19 CHAPTERS · BILINGUAL EN/HI · QUIZZES INCLUDED
CHAPTER 01 — FOUNDATIONS
What Are Options?

An option is a financial contract that gives the buyer the right — but not the obligation — to buy or sell an underlying asset at a specific price (the strike price) on or before a specific date (the expiry date).

Two Types

CALL Option (CE): Right to BUY at the strike. Buy a CALL when you expect prices to RISE.

PUT Option (PE): Right to SELL at the strike. Buy a PUT when you expect prices to FALL.

Example

Nifty at 22,500. Buy 22,500 CE for ₹142 (lot 25 = ₹3,550). If Nifty rises to 22,800: Profit ~₹3,950 (+111%). If stays at 22,400: Loss = ₹3,550 (100% of premium).

CRITICAL WARNING

Options are wasting assets. Every day, Theta erodes value. OTM options expire worthless ~80% of the time. Never risk more than you can afford to lose entirely.

Quiz: Nifty is at 22,800. You hold a 22,500 CE. What is the minimum intrinsic value?
A) ₹300 per unit (₹7,500 per lot)
B) ₹0 — it's OTM
C) ₹142 — the premium paid
CHAPTER 02
Nifty Mechanics

NIFTY 50 options trade on NSE. Each lot = 25 units. Weekly expiry every Thursday 15:30 IST. European style — cash settled. ATM strike = nearest 50-point interval to current spot.

Key Numbers

Lot Size: 25 · Tick Size: ₹0.05 · Settlement: Cash · Max Pain: computed from total OI across all strikes

CHAPTER 03
Moneyness — ITM/ATM/OTM
StateCallPutIntrinsic Value
ITMSpot > StrikeSpot < StrikePositive
ATMSpot ≈ StrikeSpot ≈ StrikeZero
OTMSpot < StrikeSpot > StrikeZero (worthless)
CHAPTER 04
Premium Decomposition

Premium = Intrinsic Value + Time Value + Volatility Risk Premium. Time value and VRP bleed away daily via Theta — even if Nifty doesn't move.

Smart Buyer Rule

Only buy options when IV is low (VIX below 14). Never buy options when VIX spikes.

CHAPTER 05
Delta

Delta measures how much an option's price changes for a ₹1 move in Nifty. ATM Call Delta ≈ 0.5. ATM Put Delta ≈ -0.5.

Quiz: ATM Call Delta 0.50. Nifty moves up ₹100. How much does premium increase?
A) ₹50 per unit
B) ₹100 per unit
C) ₹25 per unit
CHAPTER 06
Gamma

Gamma measures how fast Delta changes. ATM options near expiry have very high Gamma — small moves cause explosive premium changes on expiry day.

GEX

When market makers are short Gamma, they amplify moves. When long Gamma, they dampen moves.

CHAPTER 07
Theta — Time Decay
DTEATM Theta/day
30 days-₹5 to -₹8
7 days-₹12 to -₹20
2 days-₹25 to -₹45
Expiry day-₹40 to -₹120
Weekend Trap

You pay 3 days of Theta over the weekend. ATM losing ₹20/day = ₹60 before market opens Monday.

CHAPTER 08
Vega — Volatility

Vega measures how much an option's price changes for a 1% change in Implied Volatility. Buy options when VIX is LOW. Sell when VIX is HIGH.

Quiz: VIX is at 22. You buy ATM Call. Nifty moves up but VIX drops from 22 to 14. What happens?
A) IV crush erodes premium — you may still lose despite correct direction
B) You always profit when price moves in your direction
C) Delta becomes negative
CHAPTER 09
Greeks Interplay

Best directional buy: ATM option, VIX below 14, 3-7 DTE. Maximum Delta, high Gamma, manageable Theta.

CHAPTER 10
Open Interest
PriceOI ChangeSignal
RisingRisingLONG BUILDUP — Bullish
RisingFallingSHORT COVERING — Bullish
FallingRisingSHORT BUILDUP — Bearish
FallingFallingLONG UNWINDING — Bearish
CHAPTER 11
Put-Call Ratio (PCR)

PCR = Total Put OI / Total Call OI. Use as a contrarian indicator. PCR >1.5 = too many bears = contrarian bullish. PCR <0.7 = too many bulls = contrarian bearish.

CHAPTER 12
Max Pain Theory

Max Pain is the strike where the maximum number of options expire worthless. Market makers are incentivized to keep price near Max Pain at expiry.

CHAPTER 13
OI + Greeks Combined

1. Find Max Pain + highest OI strikes. 2. Check Delta positioning. 3. Check GEX flip. 4. Check Theta positioning. 5. Combine with FII net futures for final bias.

CHAPTER 14
Implied Volatility
VIX Trade Rule

VIX <11: NO-TRADE. 11-14: Next week only. 14-18: Normal. 18-25: Best opportunities. >25: Defined risk only.

CHAPTER 15
IV Skew & Surface

OTM puts almost always have higher IV than OTM calls. Institutions constantly buy OTM puts as tail risk hedges. When put skew is steep, sell put spreads or buy call spreads.

CHAPTER 16
Iron Condor Mastery

4-leg neutral strategy. Buy 1 OTM Put (lower) + Sell 1 OTM Put + Sell 1 OTM Call + Buy 1 OTM Call (upper). Net credit = max profit. Ideal: VIX above 18, clear range.

CHAPTER 17
Spreads & Calendars

Bull Call Spread: Buy ATM Call + Sell OTM Call. Net debit. Profit if underlying rises.
Calendar Spread: Buy far-dated + Sell near-dated at same strike. Best in low-IV environments.

CHAPTER 18
Expiry Week Playbook

Monday: Stop hunt. Watch only.
Tuesday: Real bias emerges.
Wednesday: Best entry day.
Thursday Expiry: Exit all by 2 PM. No new entries after noon.

Expiry Day Rule

No new entries after 2:00 PM on expiry day. This is where most retail accounts blow up.

CHAPTER 19
Risk Management & SEBI

1. Never risk more than 2% of capital per trade
2. Stop loss = -30% of premium paid
3. Target = +80% minimum
4. Max 3 trades per week
5. No trading during FOMC/RBI without defined-risk structure

SEBI Data

SEBI data shows 89% of F&O traders lose money. Strict risk management is the only edge.

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AB
"Welcome. I built this because I was you — getting blindsided on expiry day. Use what's here. The data doesn't lie."
— Amit Banerjee · Founder, OptionsLab
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