Strategy Builder

Build any multi-leg F&O position on a live option chain and see its payoff, Greeks and margin before you trade.

Section: Build
Included in: Every plan, including Free
Language: English and Hinglish, on every screen

EN · English

What this page is

Build any option strategy on the live option chain and see its payoff, Greeks, margin and charges BEFORE you risk a rupee.

How to use it

1Pick the index/stock and expiry at the top (NIFTY, BANKNIFTY, F&O stocks).
2Either tap a strategy in the picker on the left (117 ready-made, level-wise) — or click B / S on any strike in the option chain to add legs yourself.
3The right column fills in: legs (edit lots, IV, switch legs off), the Report Card and the payoff chart.
4Move the What-if sliders (spot, days passed, IV) to see how the position behaves tomorrow or after a move.
5Save the strategy with notes, or open the Order Ticket to copy the exact tradingsymbols into your broker.

How to read it

Payoff chart: green line/shade = profit at that price, red = loss. Solid = at expiry, dashed = today (T+0). Arrows mark every breakeven and strike.
Report Card: PoP = chance of ending in profit; EV = average expected ₹ result; Max Profit/Loss; R:R; net credit; margin (exact Zerodha SPAN when Kite is live); charges + slippage → "Net max after costs".
Greeks chips under the chart: Delta (direction), Theta (₹/day time decay), Gamma, Vega (₹ per 1 IV point).
The (i) beside every number explains it in simple words — hover or tap.

💡 Pro tip:Every leg carries a Liquid / Thin / Illiquid chip (OI, today's volume, bid-ask spread) and a red banner offers "Use liquid strikes" when a recipe landed on a dead strike — plus the charges + slippage estimate. Most builders skip all of this; check it before every trade.

हिं · Hinglish

Ye page kya hai

Live option chain par koi bhi option strategy banao aur paisa lagane se PEHLE uska payoff, Greeks, margin aur charges dekho.

Kaise use karein

1Upar index/stock aur expiry chuno (NIFTY, BANKNIFTY, F&O stocks).
2Ya to left wale picker se koi strategy tap karo (117 ready-made, level ke hisaab se) — ya option chain me kisi bhi strike par B / S dabao aur legs khud jodo.
3Right column bhar jaata hai: legs (lots, IV badlo, leg off karo), Report Card aur payoff chart.
4What-if sliders (spot, din, IV) ghumao — kal ya move ke baad position kaisi dikhegi.
5Strategy notes ke saath save karo, ya Order Ticket kholo aur exact tradingsymbols apne broker me copy karo.

Kaise padhein

Payoff chart: hari line/shade = us bhav par profit, laal = loss. Solid = expiry par, dashed = aaj (T+0). Arrows har breakeven aur strike dikhate hain.
Report Card: PoP = profit me khatam hone ka chance; EV = average expected ₹ result; Max Profit/Loss; R:R; net credit; margin (Kite live ho to exact Zerodha SPAN); charges + slippage → "Net max after costs".
Chart ke neeche Greeks chips: Delta (direction), Theta (₹/din time decay), Gamma, Vega (₹ per 1 IV point).
Har number ke paas (i) hai — hover/tap karo, simple shabdon me samjhata hai.

💡 Pro tip:Har leg par Liquid / Thin / Illiquid chip hai (OI, aaj ka volume, bid-ask spread) aur jab recipe kisi murda strike par utre to laal banner "Liquid strikes use karo" deta hai — plus charges + slippage estimate. Zyadatar builders ye sab chhod dete hain; har trade se pehle dekho.

Related tools in Build

About CircleOptionLab

CircleOptionLab is an options analytics platform for Indian F&O — Nifty, Bank Nifty and stock options. It is operated by 5 Circles Private Limited, a SEBI-registered Research Analyst (INH000020004). It reads market data; it never places, modifies or cancels an order.

Nothing on this page is a recommendation to buy or sell. Derivatives trading carries a substantial risk of loss and is not suitable for every investor.