OptionLab
An options analytics terminal built for Indian F&O — where every number explains itself, in the language you think in.
Indian F&O ke liye banaya gaya options analytics terminal — jahan har number khud ko samjhata hai, us bhasha mein jisme aap sochte ho.
Most traders don't lose to the market.
They lose to what they never checked.
Zyadatar traders market se nahi haarte.
Wo us cheez se haarte hain jo unhone dekhi hi nahi.
Position size that was never calculated. A stop-loss that was never decided. An IV so high that the trade was doomed on entry. Charges nobody added up. Every one of these is knowable before the money goes in — the problem is that the tools that show them are scattered, expensive, and written in a language most Indian traders don't think in.
Position size kabhi calculate hi nahi ki. Stop-loss kabhi decide hi nahi kiya. IV itni upar thi ki trade ghuste hi haar gaya. Charges kisi ne jode hi nahi. In sab ka jawab paisa lagane se PEHLE mil sakta hai — dikkat ye hai ki jo tools ye dikhate hain wo bikhre hue, mehenge, aur aisi bhasha mein hain jisme zyadatar Indian trader sochta hi nahi.
SEBI's FY2024 study found 93% of individual F&O traders lost money. Five Circles has taught 20,000+ students that the fix is process, not prediction. OptionLab is that process, on a screen.
SEBI ki FY2024 study ke mutabik 93% individual F&O traders ne paisa gawaaya. Five Circles ne 20,000+ students ko yahi sikhaya hai ki hal prediction nahi, process hai. OptionLab wahi process hai — screen par.
One terminal, four workspaces.
Ek terminal, chaar workspaces.
The menu follows how a trade actually happens — you build an idea, you check it against the market, you practise it without money, and you learn what you didn't know.
Menu wahi kram follow karta hai jaise trade hota hai — idea banao, market ke against jaancho, bina paise ke practice karo, aur jo nahi pata usse seekho.
Make the trade
Trade banao
Strategy Builder · Strategy Playbook · Optimizer
Strategy Builder · Strategy Playbook · Optimizer
Check the market
Market jaancho
Screener · Open Interest · Volatility Lab · Valuation · FII/DII Flows · Heatmap · Calendar · Signals · Stock Data · Market Analysis
Screener · Open Interest · Volatility Lab · Valuation · FII/DII Flows · Heatmap · Calendar · Signals · Stock Data · Market Analysis
Rehearse it
Practice karo
Paper Trading · Strategy Tester · Journal · Mindful Trading
Paper Trading · Strategy Tester · Journal · Mindful Trading
Close the gaps
Kami poori karo
Gurukul · Ask Anything
Gurukul · Ask Anything
Build the trade before you fund it.
Paisa lagane se pehle trade banao.
- Strategy Builder
- Click strikes on the live option chain and the payoff curve, breakevens, max profit, max loss, Greeks, margin and brokerage charges all appear together. Move price, days or IV with a slider and watch the trade react — before a rupee is committed.
- Live option chain par strikes click karo — payoff curve, breakeven, max profit, max loss, Greeks, margin aur brokerage charges sab saath dikhte hain. Slider se price, din ya IV hilao aur dekho trade kaise react karta hai — ek rupaya lagane se pehle.
- Strategy Playbook
- All 117 option strategies, sorted by market view from very bullish to very bearish. Open any one and you get a full playbook: when to use it, when not to, entry, stop-loss, target, how to adjust it when the market moves against you, and the mistakes that usually kill it.
- Saari 117 option strategies, market view ke hisaab se — very bullish se very bearish tak. Koi bhi kholo aur poora playbook milta hai: kab use karo, kab nahi, entry, stop-loss, target, market ulta chale to kaise adjust karo, aur wo galtiyan jo aksar isse maar deti hain.
- Optimizer
- Tell it your target price and how much you're willing to risk. It prices dozens of live structures and ranks them by expected value, with probability of profit and a payoff thumbnail on each — so the choice is informed, not a hunch.
- Apna target price aur kitna risk le sakte ho ye batao. Ye dozens live structures ko price karke expected value se rank karta hai — har ek par profit ka chance aur payoff ki chhoti tasveer. Choice andaaze se nahi, samajh se hoti hai.
Ten ways to ask the market what it's doing.
Market se sawaal poochhne ke das tareeke.
The whole F&O universe, ranked your way — ADX across four timeframes, RSI, Aroon, distance from the 52-week high, and live implied volatility per stock.
Poora F&O universe, aapke tareeke se — chaar timeframe ka ADX, RSI, Aroon, 52-week high se doori, aur har stock ki live implied volatility.
Where the big money is parked: strike-wise OI, Max Pain, PCR, gamma walls, and a 3-minute replay of how it all built up through the day.
Bada paisa kahan baitha hai: strike-wise OI, Max Pain, PCR, gamma walls, aur din bhar ka 3-minute replay.
IV vs its own history, the smile, the term structure, a volatility cone, and the intraday straddle premium — the tools that say whether options are cheap or expensive today.
IV vs uski apni history, smile, term structure, vol cone, aur intraday straddle premium — jo batate hain options aaj sasta hai ya mehenga.
Institutional cash and futures positioning, pulled straight from NSE's own published files and charted daily.
Institutional cash aur futures positioning, seedha NSE ki apni files se, roz charted.
Live PE, PB and dividend yield for 18 NSE indices, so a "cheap" sector can be checked instead of assumed.
18 NSE indices ka live PE, PB aur dividend yield — "sasta" sector maan lene ki jagah jaancha ja sake.
Sector-wise colour map of the day, an automatic signal feed (oversold, breakout, IV spike, near 52-week high), and a calendar of expiries, NSE holidays and results dates.
Din ka sector-wise colour map, automatic signal feed (oversold, breakout, IV spike, 52-week high ke paas), aur expiry, NSE holidays aur results dates ka calendar.
Make your mistakes where they're free.
Galtiyan wahan karo jahan wo muft hain.
- Paper Trading
- Replay a past trading day in 3-minute steps and trade it as it unfolds, at the prices that actually printed. Expiry day, gap day, crash day — rehearsed before it costs anything.
- Purana trading din 3-minute steps mein replay karo aur usi waqt ke asli daam par trade karo. Expiry day, gap day, crash day — pehle practice, phir asli paisa.
- Strategy Tester
- Run a strategy across months of history with your own entry and exit rules, stop-loss, target and IV filters, then read the win rate, profit factor and full trade log.
- Apne entry-exit rules, stop-loss, target aur IV filter ke saath strategy ko mahino ki history par chalao — phir win rate, profit factor aur poora trade log padho.
- Journal
- Imports your real fills from Kite and pairs them into round trips automatically. Tag the emotion behind each trade and the table stops flattering you: it shows what FOMO and revenge trades have actually cost.
- Kite se aapke asli trades import karke apne aap jodta hai. Har trade ke peeche ka emotion tag karo aur table sach bolne lagta hai: FOMO aur revenge trades ne asal mein kitna kharcha karvaya.
- Mindful Trading
- An optional gate before the order ticket: your own losing-emotion numbers, a ten-second pause, and four questions — plan, stop-loss, position size, and is this revenge? Cancel and it counts as a trade you saved.
- Order ticket se pehle ek optional gate: aapke apne losing-emotion numbers, das second ka pause, aur chaar sawaal — plan, stop-loss, position size, aur kya ye revenge hai? Cancel karo to wo bachaya hua trade ginta hai.
The teacher sits inside the terminal.
Guru terminal ke andar hi baitha hai.
Gurukul — 20 lessons from what an option is to how gamma behaves on expiry day, each with a quiz, a Greeks playground you can push around, and a printable certificate at the end. Beginner, Intermediate and Advanced, all bilingual.
Gurukul — 20 lessons, option kya hota hai se lekar expiry day par gamma kaise behave karta hai tak; har ek ke saath quiz, ek Greeks playground jise aap khud hila sakte ho, aur ant mein printable certificate. Beginner, Intermediate, Advanced — sab dono bhasha mein.
Ask Anything — a question box on every page. The answers are grounded in the platform's own 117 guides and lessons, written in simple English or Hinglish. It teaches; it never tells you what to buy or sell.
Ask Anything — har page par sawaal ka box. Jawab platform ke apne 117 guides aur lessons par based hote hain, simple English ya Hinglish mein. Ye sikhata hai; kya khareedo-becho ye kabhi nahi batata.
Every metric on every page carries an ⓘ that explains it in one plain sentence — plus a verdict line that says what this particular number means right now.
Har page ke har metric par ek ⓘ hai jo use ek seedhi line mein samjhata hai — saath mein verdict line jo batati hai ki abhi is number ka matlab kya hai.
English ⇄ Hinglish switches the entire platform: every explainer, verdict, lesson and label. Nothing stays half-translated.
English ⇄ Hinglish poora platform badal deta hai: har explainer, verdict, lesson aur label. Kuch bhi aadha-adhura nahi rehta.
Four decisions the other terminals didn't make.
Chaar faisle jo baaki terminals ne nahi liye.
It speaks Hinglish
Ye Hinglish bolta hai
Not a translated menu — the explanations, verdicts and lessons are written in Hinglish by design, the way Indian traders actually talk about the market.
Sirf menu translate nahi — explanations, verdicts aur lessons Hinglish mein likhe gaye hain, usi tarah jaise Indian traders sach mein market ki baat karte hain.
It cannot place an order
Ye order laga hi nahi sakta
Read-only with your broker, by design. The order ticket prepares the exact orders; you confirm them yourself inside your own broker app. Works with any broker.
Broker ke saath sirf read-only, jaan-boojh kar. Order ticket exact orders taiyar karta hai; confirm aap khud apne broker app mein karte ho. Kisi bhi broker ke saath.
Built for NSE, not adapted
NSE ke liye bana, adapt nahi kiya
Lot sizes, weekly and monthly expiries, STT, stamp duty and exchange charges are in the math from the start — so "max profit" is the number you'd actually keep.
Lot size, weekly-monthly expiry, STT, stamp duty aur exchange charges shuru se hisaab mein hain — isliye "max profit" wahi number hai jo asal mein aapke paas bachega.
Your data stays yours
Aapka data aapka hi rehta hai
Runs on Five Circles' own server. Your trades, journal and saved strategies are not sold, shared, or mined.
Five Circles ke apne server par chalta hai. Aapke trades, journal aur saved strategies na beche jaate hain, na share hote hain.
Start free. Upgrade only when you outgrow it.
Free se shuru karo. Jab chhota pad jaye, tab badhao.
- Strategy Builder
- Strategy Builder
- Strategy Playbook — all 117
- Strategy Playbook — poori 117
- Gurukul — 20 lessons
- Gurukul — 20 lessons
- Ask Anything
- Ask Anything
- Everything in Basic
- Basic ka sab kuch
- Screener with live IV
- Live IV wala Screener
- Open Interest, Volatility Lab
- Open Interest, Volatility Lab
- Valuation, FII/DII, Heatmap, Signals
- Valuation, FII/DII, Heatmap, Signals
- Journal with Kite import
- Kite import wala Journal
- Everything in Pro
- Pro ka sab kuch
- Paper Trading
- Paper Trading
- Strategy Tester
- Strategy Tester
- Optimizer
- Optimizer
- Mindful Trading
- Mindful Trading
Every new account starts on a 30-day free trial with full Ultimate access — no card needed. Prices are exclusive of GST. Five Circles confirms your plan with you before any payment.
Har naya account 30 din ke free trial se shuru hota hai — poora Ultimate access, koi card nahi chahiye. Daam GST ke alawa hain. Payment se pehle Five Circles aapka plan aapse confirm karta hai.
Three steps, about a minute.
Teen kadam, lagbhag ek minute.
- 01 Ask for a codeCode maango
- Access is by invite. Your mentor at Five Circles generates a one-time code for you.
- Access invite se milta hai. Five Circles mein aapka mentor aapke liye ek one-time code banata hai.
- 02 RegisterRegister karo
- Open optionlab.co.in, enter your email, a password and the code. Your 30-day Ultimate trial starts immediately.
- optionlab.co.in kholo, apna email, password aur code daalo. 30 din ka Ultimate trial turant shuru.
- 03 Start in GurukulGurukul se shuru
- New to options? Lesson one. Already trading? Open the Strategy Builder and rebuild your last trade — the report card usually says something you didn't know.
- Options mein naye ho? Pehla lesson. Pehle se trade karte ho? Strategy Builder kholo aur apna pichhla trade dobara banao — report card aksar kuch aisa batata hai jo pata nahi tha.
What this is — and what it isn't.
Ye kya hai — aur kya nahi hai.
- It is a tool
- Ye ek tool hai
- An educational analytics platform. It shows you the maths of a trade. It does not tell you which trade to take, and nothing in it is investment advice.
- Ek educational analytics platform. Ye trade ka hisaab dikhata hai. Kaun sa trade lena hai ye nahi batata, aur isme kuch bhi investment advice nahi hai.
- Risk is real
- Risk asli hai
- Options can lose more than they cost, especially when sold. Trade only with capital you can afford to lose. Past behaviour of a strategy does not promise future results.
- Options mein laagat se zyada nuksan ho sakta hai, khaas kar bechne mein. Sirf utna capital lagao jitna khone ki taakat ho. Kisi strategy ka pichhla behaviour aage ka vaada nahi hai.
- Where the data comes from
- Data kahan se aata hai
- Live market data via Kite Connect (read-only), NSE's public files, TradingView's screener, and Yahoo Finance for charts. Charts render on TradingView's open-source Lightweight Charts™.
- Live market data Kite Connect se (read-only), NSE ki public files, TradingView ka screener, aur charts ke liye Yahoo Finance. Charts TradingView ke open-source Lightweight Charts™ par bante hain.
- Who built it
- Kisne banaya
- Five Circles Private Limited, Kanpur & Mumbai. SEBI Research Analyst registration INH000020004. The advisory service is separate from this tool.
- Five Circles Private Limited, Kanpur aur Mumbai. SEBI Research Analyst registration INH000020004. Advisory service is tool se alag hai.
Investment in securities market is subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Securities market mein investment market risks ke adheen hai. Invest karne se pehle saare sambandhit dastavez dhyan se padhein. SEBI ka registration aur NISM ka certification kisi bhi tarah se intermediary ke performance ki guarantee ya returns ka aashwasan nahi dete.