Articles - Stocks
Advantages and Disadvantages of NPS
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With iTrack, you will be able to make more informed decisions with more Derivatives market data like insights on your Open Positions, Live streaming charts, ability to place orders from charts, Options Greeks, Pay off Analyzer, Moving Averages and much more, all of which is customized to your open positions.
Get live data at stock or contract level and use as many chart styles as you need
Get personalised payoff charts for the day and the nearest expiry of your open positions
View the moving average for 5, 20,50 and even 200 days
View the Implied Volatility of your open position
Gauge contract activity as per previous day and current day OI
View the Delta, Gamma, Vega and Theta any contract
Assess the outlook of the market with PCR ratio
It is a long established fact that a reader will be distracted by the readable content of a page when looking at it...
It is a long established fact that a reader will be distracted by the readable content of a page when looking at it...
It is a long established fact that a reader will be distracted by the readable content of a page when looking at it...
i-Track is a new feature which provides detailed data about your Open Positions in FNO.
i-Track can be found under the tab 'Open Positions' of the FNO Segment. After opening this tab, simply click on the '+' symbol next to the contract which has an open position. It shall look like this: FUT-ACC-26-NOV-2020 [+]. Upon clicking '+' a drop down menu shall showcase i-Track.
i-Track has several tracking features which help in assessing Open Positions data for Derivatives customers. They are: Live Streaming with advanced charts, Payoff Analyser, Moving Average, Implied Volatility, Greek Values, Open Interest and Put Call Ratio.
i-Track helps derivatives customer to have real-time data on their open positions and also makes use of various tools to analyse their open positions and thus take quick decisions.
Live Streaming charts give live update on the contract along with the ability to place orders directly. You can also analyse your position with 100+ tools such as RSI, Bollinger Bands etc.
Payoff Analyser provides the estimated payoff for any contract which you are holding for that day and also for the day of expiry. This helps in analysing what is the estimated P&L for a position and take appropriate decisions.
This feature provides constantly updated average price of the contract which is currently being held to smooth out any price fluctuations. The average can be taken over different time periods like 5, 20, 50, 200 days.
Implied Volatility measures the expected volatility of a contract till its expiry. Implied Volatility depends on the supply/demand of the underlying and the market expectation of the price which influences the premium. With i-Track you can directly measure your open positions' Implied Volatility and thus premium levels.
Option Greeks measure various factors that influence the premium of an Option Contract. They are:
a) Delta: Measures rate of change of Options premium based on the change in the price of the underlying stock or index
b) Gamma: Measures rate of change of Delta
c) Vega: Measures rate of change of premium based on change in volatility
d) Theta: Measures change in premium based on time left for expiry
e) Rho: Measures change in options premium basis change in Interest Rates
Open Interest measures the number of Open Contracts which are there in the Market. This measures the level of activity for the contract held by you and help assess if the contract is being actively bought or sold.
i-Track has several tracking features which help in assessing Open Positions data for Derivatives customers. They are: Live Streaming with advanced charts, Payoff Analyser, Moving Average, Implied Volatility, Greek Values, Open Interest and Put Call Ratio.
Put Call Ratio is used to analyse the sentiment/mood of the market. With PCR Ratio, you can check if the sentiment for the contract held by you is bearish or bullish.