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Straddle table: twenty strikes, one glance

Opening a chart for every strike near the money is slow, and by the time you reach the fifth one the first has changed. The Straddle Table lays the call, the put and the straddle for each strike side by side, each tagged against the same four indicators, so the strikes that are decaying and the ones that are not separate themselves.

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What the table answers

For every strike around the money: is the call, the put and the straddle trading above or below its own trend?

Each strike gets three groups of columns — CALLS, PUTS and STRADDLE (CE + PE). Within each group you see the price, the change, a high–low bar and four indicator cells: VWAP, EMA10, EMA20 and SuperTrend. The ATM row is highlighted.

The value of the layout is comparison. One strike's straddle below VWAP is a data point. Every straddle from 23,700 to 24,300 below VWAP, EMA10 and EMA20, with SuperTrend down, describes the whole near-the-money surface decaying together.

How to read the cells

CellWhat it shows
PriceThe current premium. For the straddle group, CE + PE.
ChgChange from the baseline set in the top bar — previous close or today's open.
H–LA bar of the day's range from the intraday bars, with the current price marked inside it.
VWAP / EMA10 / EMA20The indicator value, coloured green when price is at or above it and red when below.
STSuperTrend direction, UP or DN.

Two separate signals use colour, and it helps to know which is which. The number's text colour flickers with each tick — up or down versus the last price seen. The cell background flashes only when the day's actual high or low is broken. A flashing straddle cell means a new intraday high or low for that pair, which catches the eye even when you are looking at another screen.

NIFTY Straddle Table, ATM ± 10 strikes: price, change, high–low position, VWAP, EMA10, EMA20 and SuperTrend for calls, puts and straddles.
NIFTY Straddle Table, ATM ± 10 strikes: price, change, high–low position, VWAP, EMA10, EMA20 and SuperTrend for calls, puts and straddles.

Settings

ControlWhat it changes
Strikes ±How many strikes either side of ATM: 1, 2, 3, 4, 5, 8 or 10 (default 10).
StepShow only strikes that are multiples of a step — useful on chains with very fine strike spacing.
Interval1m to 30m. The EMAs and SuperTrend are computed on this bar size.
ColumnsHide groups or indicator columns you do not use.
Table / Chart / GridNumbers; a mini-chart per strike for CE, PE and straddle with the overlays; or a grid of straddle-only charts, 3 to 8 columns wide.

The Chart view adds its own chart types — line, mountain, baseline, a direction-coloured line and a VWAP-coloured line — plus an IV overlay and a row-height slider.

A worked example

Hypothetical rows, NIFTY, 5-minute bars:

Read across the CE and PE columns and the picture is directional: calls red, puts green, so spot has been slipping. Read down the straddle column and it is mixed — the 24,100 straddle is above VWAP because spot is moving toward 24,000, away from 24,100's call side. One table shows both the direction and which strikes' straddles it is hurting.

Limits and common mistakes

Where to find it

  1. In Options Analytics, choose symbol and expiry in the top bar.
  2. Open Straddle › Straddle Table.
  3. Set Strikes ±, Step and Interval; use Columns to trim the grid.
  4. Switch to Chart or Grid when you want the shapes rather than the numbers.

For strangles rather than straddles, see the Strangle Table.

Common questions

What does the Straddle Table show?

For each strike near ATM it shows the call, put and straddle premium, each tagged against VWAP, EMA10, EMA20 and SuperTrend, so you can compare strikes without opening a chart for each.

Why does a cell flash?

The cell background flashes when that leg or straddle makes a new intraday high or low. The text colour separately shows the direction of the latest tick.

What is the Chg column measured against?

Against the baseline selected in the top bar, either the previous close or today's open.

Can I see charts instead of numbers?

Yes. The Chart view shows mini-charts for CE, PE and the straddle per strike, and the Grid view shows straddle-only charts in 3 to 8 columns.

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