FinNifty Option Chain | FinNifty Real Time Options Chain

FinNifty Option Chain – Interpretation of Open Interest:

Open Interest is equal to net open contracts for a particular option.

How to interpret 'Open Interest' for Fin Nifty Option Chain?

NSE (National Stock Exchange) has introduced F&O contracts including weekly options on Nifty Financial Services index that covers the top banking, insurance, NBFCs, housing finance companies and other financial services companies listed on the exchange. The trading in these contracts started on January 11th, 2021. The underlying index for Finnifty is Nifty financial services Index. In order to promote the contract, NSE has also declared that exchange transaction charge will not be levied for FINNIFTY for the first six months. Underlying Instrument: The underlying index is Nifty Financial Services Index. Trading cycle: Nifty Financial Services Index Futures will have 7 serial weekly cycles excluding the monthly expiry and 3 consecutive months trading cycle – Near-Month, Mid-Month and Far-Month. A new contract is introduced on the trading day following the expiry of the near-month contract. At any point in time, there will be 7 weekly contracts and 3 monthly contracts.

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