The Percentage Graph in Advanced Option Chain (AOC) simplifies Volume, Open Interest (OI), and OI Change analysis by representing them as percentages. Instead of dealing with large numbers, this method normalizes the data and makes comparisons easier—helping traders spot market trends faster.
1️⃣ What is the Percentage Graph in AOC?
The Percentage Graph provides a visual representation of how Volume, OI, and OI Change compare across different strike prices. Instead of absolute numbers, it expresses them as a percentage of the highest value in the option chain.
🔹 Why is This Important?
- Makes data easier to interpret.
- Highlights significant changes in market activity.
- Helps traders identify key support and resistance levels.
2️⃣ How is the Percentage Graph Calculated?
AOC converts absolute values into percentages to facilitate easier comparisons.
📌 Percentage Calculation Formulas:
✅ Volume % = (Strike Volume ÷ Highest Volume) × 100
✅ OI % = (Strike OI ÷ Highest OI) × 100
✅ OI Change % = (Strike OI Change ÷ Highest OI Change) × 100
📊 Example – Call Side (Volume % Calculation):
- 22900 CE has the highest volume = 1.47B → This is 100%
- 22950 CE has 985M volume → (985M ÷ 1.47B) × 100 = 67%
- 22850 CE has 414M volume → (414M ÷ 1.47B) × 100 = 28.2%
🔹 The same method applies to OI % and OI Change %, using the highest OI and OI Change as reference points.
3️⃣ How to Read the Percentage Graph?
📌 Graph Axes & Interpretation:
📌 X-Axis (Time): Tracks market movement from 9:15 AM to 3:30 PM (NSE Trading Hours).
📌 Y-Axis (0-100%): Displays Volume, OI, and OI Change as a percentage of the highest strike price.
🔹 Key Observations:
✔ The strike price with the highest Volume, OI, or OI Change is plotted at 100%.
✔ If another strike over takes it, the previous strike’s graph gradually declines while the new leader moves to 100%.
4️⃣ Key Components of the Percentage Graph
🔹 Volume (Blue Line) → Number of contracts traded at a strike price.
🔹 Open Interest (Purple Line) → Total outstanding contracts, showing market participation.
🔹 OI Change (Orange Line) → Percentage change in OI Change, signaling fresh positions or unwinding.
🚀 How This Helps Traders:
✔ Identifies most traded strike prices.
✔ Tracks institutional activity.
✔ Confirms market trends.
5️⃣ How to Use the Percentage Graph for Trading?
By Clicking on OI tab in any strike price you can access Percentage Graph.
📌 Identifies Market Interest → Shows strike prices with the highest liquidity.
📌 Confirms Trends → Rising OI + increasing price = strong trend.
📌 Predicts Market Moves → High OI Change % often signals big institutional positioning.
📌 Enhances Decision Making → Goes beyond price action for better market insights.
🔹 How to Interpret Market Behavior?
✔ OI & OI Change Increasing Together → Fresh positions are building (bullish or bearish).
✔ High Volume but Falling OI → Profit booking or closing of positions.
6️⃣ Market Behavior in the Percentage Graph
🔹 If a strike price remains at 100% OI Change, it does NOT always mean fresh buying—it just has the highest OI Change at that time.
🔹 The moment another strike price surpasses it, the graph adjusts dynamically.
📊 Example:
- 18,000 PE has the highest OI Change → Plotted at 100%.
- If 18,200 PE surpasses it, 18,000 PE’s percentage declines, and 18,200 PE moves to 100%.
7️⃣ AOC vs. Traditional Option Chains – What Makes AOC’s Percentage Graph Better?
✅ Traditional Option Chains show Volume, OI, and Greeks but lack real-time comparisons.
✅ AOC’s Percentage Graph normalizes data, making it easier to track shifting market sentiment dynamically.
✅ Traders can analyze data faster, identify key market levels, and make better trading decisions. 🚀
🔹 Final Thoughts:
The Percentage Graph in AOC revolutionizes option chain analysis by making Volume, OI, and OI Change more visually intuitive. Whether you’re a beginner or an experienced trader, using this tool will help you decode market movements effortlessly and gain an edge in options trading.
Start using AOC’s Percentage Graph today and trade with confidence! 🚀
Where can we access this? In the app?
Click on Oi tab in any strike price, you can find out percentage graph.