A live board of futures and options stocks that are moving, paired with the open-interest trend behind each move and a suggested strike to express the view.
Price alone tells you a stock moved. Open interest tells you whether new money is behind the move or whether existing positions are simply being closed — the difference between a trend and a squeeze.
The tool opens inside your BreakPoint account. If you are not signed in yet you will be asked to sign in first, and access depends on your active plan.
OptionX watches the futures and options segment specifically — the stocks where derivative contracts trade — and ranks the ones making the biggest moves in each direction.
What separates it from a plain gainers list is the open-interest column. Open interest counts how many derivative positions are currently live. When price rises and open interest rises with it, new buyers are committing fresh money. When price rises while open interest falls, existing short sellers are buying back to close, which is a squeeze that ends when they are done. Those two situations look identical on a price chart and behave completely differently afterwards.
Each row also carries the major levels the stock is trading between and a suggested strike, so a directional view can be turned into a specific option position rather than a vague intention.
A recommended strike is a starting point for your own analysis, not an instruction. Liquidity, expiry distance and your risk tolerance all change which contract is actually appropriate.
Options magnify everything — including the cost of being roughly right at the wrong time.
Option buyers
Filter out moves driven by position-closing, which typically stall right after you enter.
Futures traders
Confirm that a breakout has new participation behind it before committing leverage to it.
Intraday traders
See which F&O names are actually in play today, since they are the ones with the liquidity to trade quickly.
Learning traders
Watch how price and open interest interact in real time — the fastest way to genuinely understand the concept.
Movers with context
The move and the reason behind it in the same row.
Confirmed vs reversal
Signals separate moves confirmed by fresh positions from those driven by unwinding.
Strike guidance
A reference strike for the direction, so you are not guessing which contract to trade.
Level awareness
Major levels show where the move is likely to meet resistance or find support.
Live during the session
Open interest shifts intraday; a stale view is worse than none.
Focused universe
Only F&O stocks, which are the liquid names where option strategies are practical.
One filter row and one dense table, designed to be readable at a glance during a fast session.
The table scrolls sideways with the symbol column anchored, so you can compare OI trend and levels without losing your place.
Reading price and positioning together takes practice; this order makes it mechanical.
Choose your direction filter
Decide whether you are hunting for bullish or bearish setups today rather than watching both and reacting to whichever moves first.
Read the OI trend first
Before looking at how much a stock moved, check whether positions are being built or closed. This is the column that separates trends from squeezes.
Prefer confirmed over reversal
Confirmed signals have fresh money behind them. Reversal signals can be powerful but are shorter-lived and less forgiving.
Check the major levels
A bullish setup sitting just under a major level has limited room. The same setup just above one has just cleared its obstacle.
Look at the open versus the current price
A stock that has held its gains since the open is behaving differently from one that gave most of them back.
Pick the strike deliberately
Use the suggested strike as a reference, then confirm it is liquid and that its distance from the current price matches how far you expect the move to travel.
Define your exit in points, not hope
Decide in advance the level in the underlying that invalidates the trade, and exit the option when the underlying reaches it.
Each column and the judgement it supports.
| Field | What it tells you | How to use it |
|---|---|---|
| Symbol | The F&O stock in play. | Confirm on the chart before trading — the scanner ranks, the chart times. |
| LTP | The last traded price of the underlying. | Your reference for how far the strike sits from the money. |
| Open | The price at which the session began. | Comparing the current price to the open tells you whether the move is holding or fading. |
| 52W Range | Where price sits within the past year. | Moves into fresh yearly territory have less overhead supply than moves inside a long range. |
| OI Trend | Whether derivative positions are being added or closed as price moves. | Rising positions with rising price means fresh conviction. Falling positions with rising price means shorts are covering and the fuel is finite. |
| Major Levels | The nearby prices where the stock has repeatedly reacted. | Set targets and stops around them instead of at arbitrary numbers. |
| Reco Strike | A reference option strike for the direction shown. | A starting point. Check liquidity and how much time value you are paying before choosing it. |
| Trade Cue | A short summary of the row's implication. | A cross-check against your own reading — if they disagree, look again before acting. |
Four combinations of price and positioning cover almost every row you will see.
Two F&O stocks are both up around 3%. The first shows rising open interest through the move and is trading above its major level. The second shows falling open interest and is stalling just under its level.
Stock A has new buyers committing capital at higher prices with the obstacle already behind it. Stock B is rising because people who were short are buying back — once that buying is exhausted there is no natural demand left, and it still has a level overhead. On a price chart the two look nearly identical, which is exactly why so many option buyers end up in the second one.
Same move, opposite quality. The open-interest column is what makes the difference visible before you commit.
Options punish imprecision faster than any other instrument.
✅ Do this
⛔ Avoid this
Confusing short covering with genuine strength. A squeeze produces the fastest, most convincing-looking rallies on the board, and they end without warning because the buying was never voluntary.
Open interest is the number of derivative contracts currently open and not yet closed. Volume counts how many trades happened; open interest counts how many positions still exist. Together they tell you whether activity is creating new exposure or unwinding old exposure.
Long build-up describes price rising while open interest also rises. New buyers are entering with fresh money rather than old positions being closed, which is generally the healthiest kind of upward move.
Short covering is price rising while open interest falls. Traders who had sold short are buying back to close their positions. It creates quick rallies that stop once the covering is finished, because that buying was forced rather than chosen.
Price falling while open interest rises — new sellers are entering. It signals fresh bearish conviction rather than simple profit-taking, and such falls often continue further than long unwinding does.
Strikes close to the current price move more reliably with the underlying and carry less time value, though they cost more. Distant strikes are cheaper but need a much larger move just to break even. Liquidity matters as much as price — an illiquid strike is difficult to exit.
Options carry time value that decays every day. If the underlying moves in your favour slowly, decay can erase the gain. This is why option buyers need both the right direction and reasonable speed.
They are the stocks the exchange permits futures and options contracts on. The list is limited to larger, more liquid companies, which is also what makes them practical for intraday trading.
No. Rising open interest simply means new positions are being created. Paired with rising price it suggests new buying; paired with falling price it suggests new selling. Direction comes from price, conviction from open interest.
They tell you where the underlying is likely to pause. A long position taken just under strong resistance has little room to run, while the same position just after that level breaks has far more.
The reading part is learnable quickly. Trading options with real money is a different question — leverage means mistakes are expensive, so most people are better served by learning the concepts here while practising on smaller, simpler positions.
It updates through the session, which is why the tool is designed to be watched live rather than reviewed once. A position picture from two hours ago can be materially out of date.
No. Most sessions offer one or two setups where price, open interest and levels all agree. Those are the ones worth taking; the rest are a way to lose money on commission and time decay.
Every technical term above, written for someone who has never traded before.
The number of derivative contracts currently open.
Volume counts trades; open interest counts positions still live. Rising open interest with rising price means new money is backing the move. Rising open interest with falling price means new short positions are being created. Falling open interest means positions are being closed and the current move may be running out of participants.
Contracts whose value is derived from an underlying asset.
Futures commit you to a price on a future date; options give the right, not the obligation, to transact at a price. Both are leveraged, meaning small deposits control large exposure — which magnifies mistakes as efficiently as it magnifies good decisions.
How an option's price responds to the world around it.
Delta is how much the option moves when the underlying moves one point. Gamma is how quickly delta itself changes, which is why option moves accelerate near key levels. Theta is the daily cost of time — an option loses value simply because expiry gets closer, which is why holding options through a quiet session is expensive.
The price an option contract is written around.
Every option is tied to a strike. Where traders concentrate their positions creates practical floors and ceilings for the index, because the sellers of those contracts defend those levels. That is why the strikes with the largest build-up are watched as intraday support and resistance.
How easily you can get in and out at a fair price.
A liquid stock has enough daily turnover that your order does not move the price. Illiquid names look attractive on a scanner because their percentage moves are large, but the spread between buy and sell prices quietly eats those gains, and exiting in a fall can be difficult.
Price pushing past a level that had been holding it back.
A breakout is the moment supply at a level runs out and price moves into open space above it. The quality of a breakout depends on what comes with it — volume, a strong close near the high, and a market that is not falling apart around it. Breakouts on thin volume are the most common trap for new traders.
Price levels where buyers or sellers repeatedly show up.
Support is a level where falling prices have previously found buyers; resistance is where rising prices have previously found sellers. They are not exact lines, they are areas. Their value is practical: they give you an objective place to put a stop-loss and a realistic first target.
The price of the most recent trade.
LTP is the number that flickers on every screen. It is the last price at which a buyer and seller agreed, not necessarily the price you will get — in an illiquid stock the next available price can be noticeably different.
Looking for a term that is not here? The full trading glossary covers every concept used across these guides.