SUPPORT PRACTICE TOOL
Practice Tools
| Call Side | Put Side | |||
|---|---|---|---|---|
| OI | VOLUME | STRIKE | VOLUME | OI |
Click any color to see its function
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Frequently Asked Questions
Find answers to common questions about our tools
What is the support practice tool?
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The Support Practice Tool is a LTP Calculator learning tool especially designed for traders enrolled in our free stock market course. It helps you in practicing different conditions of support on LTP Calculator option chain including Weak towards Top (WTT) and Weak towards Bottom (WTB) cases.
What is the meaning of WTT and WTB?
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Support can be of three types - Strong Support, Weak towards Top Support and Weak towards Bottom Support. Let's understand each of them:
- Strong Support: This means that the support is stable and not trying to shift anywhere.
- WTT Support: This means that the support is weak and is trying to shift at higher strike price.
- WTB Support: This means that the support is weak and is trying to shift at lower strike price.
How to use the support practice tool?
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Click on any cell in the Put side. With your click, that cell with will filled with color and on the basis of that color support and its conditions will be displayed in the green box.
What does these color indicates
Indicates Highest Volume
Indicates Highest Volume or OI became deep ITM
Indicates Highest Open Interest in Call Side
Indicates Highest Open Interest in Put Side
Indicates Second Highest Value in respective column
How to add different colors on the table?
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Follow these steps to add different colors on the table:
Single click on the cell to add this color.
Single click on the cell to add this color.
Single click on the cell to add this color.
Single click on the cell to add this color.
Double click on the cell to add this color.
Single click on the same cell to remove the color.