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NIFTY— VIX— Sensex— Next scan—
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Live · rescans every 5 minutes · — IST

What needs to be done

Reading the chain…

Market state

NIFTY, 5-minute closes, today

Best scan results

The best structures the scan found on this index right now, ranked by confidence. Marked live. Click a card for the full case — why, execute, stop, adjustment and profit exit.

Where the market is trapped

Open interest on the front expiry, millions of units. Calls left, puts right.

Call OI
Strike
Put OI

Key levels

Three findings that shaped this

Read off this index's own chain and its last twenty sessions — not carried over from a previous day.

Top scan results for stocks

Ranked across every liquid F&O underlying and index. The regime picks the side — IV rich sells premium, IV cheap buys it — and where price sits in its 20-day range picks the direction. Click any row for execution, adjustment and exit.

UnderlyingTradeSpotRange posIV−RVR:RMax profitMax lossMarginReturn on marginOI ₹crStrikes
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Margin source: computed locally. A fully-hedged spread is margined at close to its maximum possible loss, and a debit structure needs only the premium — so max loss is a sound first approximation. It excludes the exchange's additional exposure margin and any expiry-day ELM uplift, so treat it as a floor, not a quote. Run margin_fetch.py to replace it with live values from the basket-margin API.
Two known defects in this scan. Realised vol is computed from raw closes, so a split or bonus manufactures a fake return and an absurd IV−RV — anything beyond ±25 is filtered, but treat large readings sceptically. And butterfly R:R is overstated where the strike picker lands on unequal wings. Verify before acting.
Stock options are physically settled. An assigned short means real delivery of the full lot, not a cash difference. Prefer debit structures, or defined-risk spreads where the long leg caps the obligation.

What not to do

Each ruled out by a specific number in today's data, not by general caution.

AvoidBecause
Buy the Aug straddle or strangle645.5 pts against the 462-pt ceiling — fails the cheapness filter outright
Sell naked stranglesVRP is 0.00 against 17-day realised vol. You are not paid for the tail.
Reverse-Collar for the skewThe put skew is not there. Flat-to-call-favouring at the monthly.
Use December as a spread legStrikes step 500–1000 points near the money. Hedging only.
Assume 24,000 is neutralThe Aug forward is 24,135. The neutral strike is 24,150.
Buy 0DTE optionsHours left at 13% IV — theta is near-vertical.
Trade a directional 0DTE viewYou would be fighting the largest gamma wall in the chain.