Where Diwakar’s Plate began
Explore NIFTY options through a centrally heated disc, concentric strike rings, and a moving spot ring—then connect the picture to option pricing, time decay, volatility, and the Greeks.
Free educational demonstration • Mobile and desktop friendly • Theoretical prices, not live quotes
Three ideas. One intuitive picture.
01 · Fixed strike rings
Concentric rings mark individual NIFTY option strike prices. They remain fixed while the market moves.
02 · Moving spot ring
The cyan ring follows NIFTY spot. Its position helps explain when a call or put is in, at, or out of the money.
03 · Central heat and glow
The disc is hottest at its centre. Its gold activation boundary marks the incandescence threshold—not a direct measure of an option's premium.
From intuition to the Greeks
Change NIFTY spot, strike, implied volatility, or time to expiry and observe theoretical call and put prices. Explore Delta, Gamma, Theta and Vega as separate financial sensitivities. Select from the theoretical option chain to update the plate instantly.
Diwakar's Plate
An evolving educational framework developed to make option pricing and risk sensitivities more accessible through a consistent visual metaphor. This early simulator includes a synchronized theoretical NIFTY option chain. The current framework continues on the Unified Plate homepage.
Educational content only; not investment advice. This prototype uses simulated inputs and should not be used to execute trades or predict market returns.