FEATURES OF AI LTP CALCULATOR
Hello Traders,
Welcome to AI LTP Calculator Course.
AI LTP Calculator is India’s No. 1 option chain data snapshot tool. But this option chain tool is not the only option chain available in the market. There are multiple platforms that provide option chain data, and some of them are also free—such as the NSE option chain on their official website, option chain on broker panels, option chain on Sensibull, and so on.
However, we will only use the AI LTP Calculator option chain. Let’s understand why we are using only the AI LTP Calculator.
Lesson Highlights
Features of NSE official option chain
To understand the features of the AI LTP Calculator, we need to compare it with other option chains available in the market. Let’s first compare it with the free and trusted platform—the NSE official website. On NSE, option chain data is freely available for everyone, and an interesting fact is that the AI LTP Calculator also receives its data from the National Stock Exchange.
- In the above image you can see the NSE option chain. This option chain data is free of cost and publicly available for everyone on the NSE website. However, this free data comes with certain limitations that restrict us from fully utilizing the potential of the option chain.
- This data is updated every 3 minutes, i.e., the data generated at 9:15 AM will be displayed to you at 9:18 AM. Then the next update will come at 9:21 AM, and the data from 9:18 AM will be displayed.
- Important Greeks such as Delta, Vega, Gamma, and Theta are not available on this option chain.
- Reversal Prices are not available on this option chain; they are only available on the LTP Calculator option chain.
- The OI Change chart is not available on this option chain.
- The highest and second highest values are also not highlighted on this option chain.
Features of Sensibull option chain
The NSE official option chain is free, and that is why it comes with multiple limitations. However, the LTP Calculator is a paid option chain, and therefore comparing it with a free option chain and claiming that the LTP Calculator is the best would not be fair. So now, let us compare it with another paid and advanced option chain—Sensibull.
In the above image, you can see the Sensibull option chain. Now compare this with the NSE option chain, and you will notice that there are advanced features available in the Sensibull option chain compared to the NSE option chain. Let’s compare both:
Data on Sensibull is live, i.e., tick-by-tick updates are available, whereas on the NSE option chain, the update time was approximately 3 minutes.
Important Greeks such as Delta, Vega, Gamma, and Theta are available in the Sensibull option chain, which were not available on the NSE option chain.
The OI Change graph is available on this option chain, but it is slightly complicated to use.
Reversal Prices are still not available in this paid option chain. As already mentioned, these are only available in the LTP Calculator option chain.
The highest and second-highest values are also not highlighted, which helps in identifying support and resistance.
AI-based features to conclude market direction or draw support and resistance on charts are not available in this option chain.
In spite of being a paid option chain, multiple features that we require to understand market direction are not available on the Sensibull option chain.
Note: I am not saying that Sensibull is not useful. It is. Sensibull provides multiple services that are helpful for traders, but to understand market direction, we need the most advanced option chain—one that helps us decide where to enter a trade and where to square off.
And believe me, the AI LTP Calculator is best suited to our requirements.
Features of AI LTP Calculator
AI LTP Calculator is India’s No. 1 option chain data snapshot tool, powered by NSE data, i.e., it takes data from NSE and delivers it to us through a paid subscription. Now, the question is: if every platform displays option chain data sourced from NSE, then why is NSE’s own platform not as advanced as the others?
The reason is that the data displayed on the NSE website is free and available to the general public. But the data that LTP Calculator, Sensibull, or any other platform sources from NSE is paid, and the pricing for that data is very high. That is why option chain data on the LTP Calculator and other platforms is available only through paid subscriptions.
Above images are the snapshots of the AI LTP Calculator option chain. Now compare the above images of the AI LTP Calculator option chain with the Sensibull option chain. All our needs to understand market direction are available there with power of AI.
There are many amazing features available on the LTP Calculator. Some of them are –
- LTP Blast
- LTP Swing
- Reversal Prices
- Arbitrage Stocks
- OI Change Chart
- Live option chain data
- Live chart with option chain
- Historical option chain data
Theories of Dr. Vinay Prakash Tiwari
Dr. Vinay Prakash Tiwari has developed his own theories for using the option chain, and all these theories are embedded in the AI LTP Calculator. This makes the LTP Calculator India’s No. 1 option chain tool. These theories include:
- Six Kinds of Reversal: Six kinds of reversal theory is one of the unique concepts in the stock market. It works closely with the concept of market motive, and the concepts of extension of support, extension of resistance, diversion, and the end of diversions are covered within it.
- Game of Percentage: The Theory of the Game of Percentage is amazing in itself; it tells you the weaknesses of support and resistance in terms of percentage. It also enhances the efficiency of the LTP Calculator and help the users to decode the market.
- Chart of Accuracy 1.0: The theory of chart of accuracy 1.0 is also a unique concept in the stock market. This theory consists of nine scenarios around which the entire Indian stock market revolves.
- Chart of Accuracy 2.0: The theory of chart of accuracy 2.0 is based entirely on open interest. It includes nine scenarios of open interest change, which helps to better understand the market.
- Advance Weekly Range: The concept of the weekly range on the LTP Calculator is the best tool for option writers in the stock market. On the LTP Calculator you will have three weekly ranges, which helps the writers to check their risk profile and trade according to that.
Conclusion
In this chapter of the LTP Calculator free course, we compared different option chains, and the AI LTP Calculator came out as the best option-chain tool. However, my motive with this lesson was to make you aware that having the AI-powered LTP Calculator with advanced features is not enough to become a profitable trader. You must learn the theories of Vinay Sir, which are embedded in this tool. When you learn these theories and understand when and where to apply them, trading with the AI LTP Calculator will truly become baccho ka khel for you.
Before the LTP Calculator, no one could have imagined that stock market trading could be as simple as looking at reels. There was a stereotype that traders needed a huge setup with multiple screens, advanced technologies, and numerous charts. However, our mentor, Dr. Vinay Prakash Tiwari, made it possible with just a mobile phone.
There are many stories of small traders using LTP Calculator who realized that trading is very simple. However, in reality, it’s not simple – our mentor, his theories, and the LTP Calculator tool help them to realize that the stock market is Baccho Ka Khel.
So, keep learning the stock market with LTP Calculator, and believe me, one day you’ll also say, It’s a Baccho ka Khel.