COLOR CODES ON AI LTP CALCULATOR
In the previous chapters, we have discussed all the terms available on the AI LTP Calculator and other option chains. Now, we are moving ahead towards a features that is only available on the LTP Calculator. On the LTP Calculator option chain, you will find multiple colors on the call side and the put side in the Volume and OI columns. In this chapter, we will understand these color codes on the AI LTP Calculator.
Lesson Highlights
Color Codes on LTP Calculator
On the LTP Calculator, there are five different colors that help traders to easily identify important numbers in volume and open interest column on the option chain. On both sides — call side and put side, same colors are used but with different meanings.
Five different color codes available on the LTP Calculator option chain:
- Pink color
- Blue color
- Grey color
- Green color
- Yellow color
Color Codes on LTP Calculator in Call Side
On the call side of the AI LTP Calculator, five different colors are available in the Volume and Open Interest columns. Each color has a specific meaning. Let’s learn the meaning of each color one by one.
Pink Color in Call Side
Pink color on the LTP Calculator in Call side indicates the highest open interest and the highest open interest (OI) change.
Blue Color in Call Side
Blue color on the LTP Calculator in Call side indicates the highest Volume.
Grey Color in Call Side
Grey color on the LTP Calculator in Call Side indicates the highest Volume or highest Open Interest that has become ITM on the option chain.
Green Color in Call Side
Green color on the LTP Calculator in Call Side indicates the lowest open interest and the lowest open interest (OI) change.
Yellow Color in Call Side
Yellow Color on LTP Calculator indicates the second-highest value in the respective columns of volume and open interest.
Color Codes on LTP Calculator in Put Side
On the put side of the AI LTP Calculator, five different colors are available in the Volume and Open Interest columns. Each color has a specific meaning. Let’s learn the meaning of each color one by one.
Pink Color in Put Side
Pink color on the LTP Calculator in Put side indicates the lowest open interest and the lowest open interest (OI) change.
Blue Color in Put Side
Blue color on the LTP Calculator in Put side indicates the highest Volume.
Grey Color in Put Side
Grey color on the LTP Calculator in Put Side indicates the highest Volume or highest Open Interest that has become ITM on the option chain.
Green Color in Put Side
Green color on the LTP Calculator in Put Side indicates the highest open interest and the highest open interest (OI) change.
Yellow Color in Call Side
Yellow Color on LTP Calculator indicates the second-highest value in the respective columns of volume and open interest.
Conclusion
In this lesson, we learned the concept of color codes on the LTP Calculator, including pink, blue, grey, green, and yellow. These color codes are used to highlight important data on the option chain.
My motive with this chapter was to teach you about the color codes on the LTP Calculator on both the call side and the put side, so that you can easily identify the highest and second-highest numbers on the option chain. This will help you identify support and resistance on the LTP Calculator, as well as understand the WTT and WTB concepts that we will learn in upcoming lessons.
So, keep learning the stock market with LTP Calculator, and believe me, one day you’ll also say, It’s a Baccho ka Khel.