Multiple updates have been made to the Mobile app version of Live Options Charts. These changes will be implemented on the web version soon!
The updates are as follows:
Introducing custom strike selection: Going forward, you will be able to select custom strikes on PCR, Open Interest, OI Change & IV Charts.
You can select unlimited strikes on PCR, Open Interest, & OI Change charts. However, you can select only up to 6 strikes on IV Charts alone.
We have also added the option to view Historical PCR & Max Pain on their respective charts. Now you can switch between the “Automatic” mode and “Manual” mode to view the PCR & Max Pain.
If you select the “Automatic” mode, you will be able to see the historical PCR and Max Pain.
In automatic mode, we show the PCR of the nearest expiry of the stock or index for any given day. This is because most of the Open Interest on any given day happens in the nearest expiry.
And this is the case for Max Pain as well because Max Pain theory is used to predict where the expiry will be based on that expiry’s Open Interest.
You can switch between the two modes, as shown in the video below.
We have also added the Current Value of the chart separately so that you can easily compare historical data with the current data. The Current Value will show the latest value of the chart.
You can access all these updates and more on the latest version of our Sensibull App. Do let us know what you think of these updates. We are always eager to listen to you!