Python-NSE-Option-Chain-Analyzer

Downloads

For doing technical analysis for option traders, the Option Chain is the most important tool for deciding entry and exit strategies. The National Stock Exchange (NSE) has a website which displays the option chain for traders in near real-time. This program retrieves this data from the NSE site and then generates useful analysis of the Option Chain for the specified Index or Stock. It also continuously refreshes the Option Chain and visually displays the trend in various indicators useful for Technical Analysis. Calculations are based on Mr. Sameer Dharaskar's Course.

Changelog

Disclaimer:

This software is an unofficial software and is not affiliated with / endorsed or approved by the National Stock Exchange (NSE) or Mr. Sameer Dharaskar in any way

This is purely an enthusiast program intended for educational purposes only and is not financial advice

By downloading this software you acknowledge that you are using this at your own risk and that I am is not responsible for any damages that may occur to you due to the usage or installation of this program

All NSE name/symbols are owned by the National Stock Exchange

Installation:

Supported platforms:

• Windows
• Linux
• macOS

Method 1 (Windows only):

• Download the .exe (Windows Executable) file

• Run it directly

Method 2:

• Requirements:

  • Python 3.6+
  • Additional steps for Linux:
    • apt-get install python3-tk
    • apt install python3-pip
  • For Windows and macOS https://www.python.org/downloads/ is recommended

• Download the .py (Python Source Code) file

• Required modules: requirements.txt

• Install missing modules using pip install -r requirements.txt

Note: Alternate implementations of Python and/or alternate methods of installation may also be supported

Usage:

1. Set Index Mode or Stock Mode

2. Select your Index or Stock

3. Select it's Expiry Date

4. Enter your preferred Strike Price

5. Set the interval you want the program to refresh (Optional : Defaults to 1 minute)

6. Click Start

Notes:

• If there is an error in fetching dates on login screen then try refreshing

• If there is an error in fetching dates on main screen then try stopping and again starting from option menu

• If you face any issue or have a suggestion then feel free to open an issue.

• It is recommended to enable logging and then send the NSE-OCA.log file or the console output for reporting issues

• In case of network or connection errors the program doesn't crash and will keep retrying until manually stopped

• If a ZeroDivisionError occurs or some data doesn't exist the value of the variable will be defaulted to 0

• Set load_nse_icon option to False in the configuration file to prevent downloading the NSE icon in the .py version to speed up loading time

• If an Incorrect Strike Price error message is displayed and the strike price you entered is correct then check whether the NSE website is loading the data properly before creating an issue

Features:

• The program continuously retrieves and refreshes the option chain giving near real-time analysis to the traders

• New data rows are added only if the NSE server updates its time or data (To prevent displaying duplicate data)

• Supported Indices and Stocks: https://www.nseindia.com/products-services/equity-derivatives-list-underlyings-information

• Option Chain data source: https://www.nseindia.com/option-chain

• Supports multiple instances with different indices/stocks and/or strike prices selected

• Red and Green colour indication for data based on trends

• Toast Notifications for notifying when trend changes (Windows 10 and 11 only). Notified changes:

  • Open Interest: Bullish/Bearish
  • Open Interest Upper Boundary Strike Prices: Change in Value
  • Open Interest Lower Boundary Strike Prices: Change in Value
  • Call Exits: Yes/No
  • Put Exits: Yes/No
  • Call ITM: Yes/No
  • Put ITM: Yes/No

• Program title format: NSE-Option-Chain-Analyzer - {index/stock} - {expiry_date} - {strike_price}

• Stop and Start manually

• You can select all table data using Ctrl+A or select individual cells, rows and columns

• Then you can copy it using Ctrl+C or right click menu

• You can then paste it in any spreadsheet application (Tested with MS Excel and Google Sheets)

• Export table data to .csv file

• Real time exporting data rows to .csv file

• Dumping entire Option Chain data to a .csv file

• Auto stop the program at 3:30pm when the market closes

• Alert if the last time the data from the server was updated is 5 minutes or more

• Auto Checking for updates

• Debug Logging

• Saves certain settings in a configuration file for subsequent runs. Saved Settings:

  • Load App Icon
  • Index/Stock Mode
  • Selected Index
  • Selected Stock
  • Refresh Interval
  • Live Export
  • Notifications
  • Dump entire Option Chain
  • Auto stop at 3:30pm
  • Warn Late Server Updates
  • Auto Check for Updates
  • Debug Logging

• Keyboard shortcuts for all options

Data Displayed

Table Data:

Label Data:

Screenshots:

• Login Page:

  
  
  
  

• Main Window Index Mode:

  
  
  
  

• Main Window Stock Mode:

  
  
  
  

• Selecting Data:

  
  
  
  

• Option Menu:

  
  
  
  

• Toast Notifications (Windows 10 and 11 only):

  
  
  
  

Dependencies:

• auto-py-to-exe is used for compiling the program to a .exe file

• pandas is used for storing and manipulating the data

• requests is used for accessing and retrieving data from the NSE website

• stream-to-logger is used for debug logging

• tksheet is used for the table containing the data

• win10toast is used for toast notifications on Windows 10 and 11

Contributors:

• medknecth

• Sangram2905

• yjagota

• QuickLearner171998