Update: All New Option Chain with Smart Tags & New Insights on Dhan Web

Hi Traders,

We know that in fast-moving markets, timing and the right information are super important. That is why we bring you features such as Live Market Scanner, Trending On Dhan, Market Actions, Outperformers, Movers & Gainers, and much more that help you get the right data at the right time.

Amongst all real-time market analysis on Dhan, the Option Chain is one of the most powerful and popular among traders. Many traders depend on it to track market trends, analyse data, and take action quickly. However, we noticed that traders often have to do extra calculations or manual efforts to understand strike-wise sentiment or market movement shifts. This slows down decision-making and order placement.

We understand the importance of Insights on essential data with less effort, and faster execution, all from a single view. Therefore, here we are with a very powerful upgrade on Dhan Web.

Introducing the All-New Option Chain on Dhan Web: Now Smarter & More Insightful

We have added new features that bring the most critical market movements to the forefront, allowing you to spot key market actions quickly and trade with more confidence.

These features include:

  • Smart Tags: We now show smart tags on the top 5 strikes with the Highest OI, Volume, and IV. This helps you quickly see where the market action is happening.

  • Open = High/Low Indicator: If a strike’s opening price is equal to its day high or low, we mark it for you. This shows strong momentum either upward or downward.

  • Strike-wise PCR: We’ve gone beyond the single index PCR. You can now analyze the Put-Call Ratio for each individual strike, giving you a detailed view of sentiment at every level

  • Real-time Buildup Analysis: A new Buildup column shows if a strike is seeing Long Buildup, Short Buildup, Long Unwinding or Short Covering – all in real time.

  • One-Click Strategy Execution: This is designed for speed. You can now choose your strikes directly from the Option Chain and place multi-leg strategies instantly. No extra steps, just quick execution.

We also understood that every trader has their own unique style, strategy, and data preferences. That’s why we’ve made the Option Chain more flexible than ever. You have the power to customise what you see by toggling specific data sets on or off from the settings menu. Whether you prefer a clean, minimal view or want all the data at your fingertips, the new Option Chain adapts as per the preferences you set.

We believe these enhancements will give you even greater control and clarity, helping you trade smarter, every day. Jump into web.dhan.co and try the new option chain today.

Tell us how you like the new Option Chain, we’re always listening and building with you.

Happy Trading,
Jai

6 Likes

Great addition and the new parameters help too but when we add something which goes over the number of columns then I have to horizontal scroll. Also I am not sure how to understand the Buildup as it shows Buildup on both Put and Call. If its a Long Buildup in the call then there is a Short Buildup on the Put. Similarly it’s for other choices of buildup. If there are contradicting values of buildup on Call and Put for the same strike then it gives a confusing view. The Realtime buildup on Futures is a cool tool but I think having this on Options is slightly overkill.

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Thank you for the Newly Improved Option chain on Dhan web. As I already shared per lot value when we click that box then LTP will show as VALUE = LTP X LOT SIZE so people can understand how much money is required per lot Thank you

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Team @Dhan, requesting you to consider the following feedback -

  1. Lot multiplier in strategy execution.
  2. OHLC data points columns
  3. OI Support & resistance, max pain data points in the option chain.

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Long awaited build-up data. Thanks.
I didn’t notice it under TV and an APP.

Suggestion: Buildup can have a separate space (excluding option chain). That will be more convenient.

Long Buildup
Short Buildup
Long unwinding
Short Covering

Hi @nitishbangera, thanks for the feedback, we shall surely plan on bringing out a video for the explanation of the same.

Hi @Dhanush4777, Glad you liked the new option chain, we have noted your feedback regarding showing LTP value per lot when the ‘per lot’ box is ticked.

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Hi @khulsat, Yes, currently it is on Web, we would plan to add it on TV and on App as well.

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@Jai_Supreeth Sure looking forward to it.

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Hi @sri1647,

  1. Noted the feedback regarding lot multiplier on strategy execution.
  2. OHLC data point for each strike?
  3. Regarding OI, you can click on settings → under insights you click on ‘High OI’ to get the relevant data. Regarding adding max pain, we shall surely plan on the same.
  1. yes as highlighted below, open and prev. close values in addition -

  2. OI S&R, max pain directly under the relevant strike price as highlighted below -

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Thanks a Lot @Jai_Supreeth

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Understood @sri1647, would surely check on the same.

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