Diwakar's Plate

Interactive NIFTY Options Laboratory · Offline Edition

Spot ringActivationStrike rings

Physical glow shows the heat field only. It does not set option premiums.

Controls

NIFTY spot

Selected strike

Implied volatility

Days to expiry

Interest rate

Dividend yield

Calculated option value

Premium · points—

Moneyness—

Intrinsic / Extrinsic—

Forward · points—

Delta—

Gamma · per point—

Theta · pts/day—

Vega · pts/1% IV—

NIFTY theoretical option chain

Select any row to move the magenta strike ring and update the premium and Greeks above. These are calculated European option values, not live NSE quotes. The ATM reference is nearest to the current spot level.

CE Delta	CE Premium	Strike	PE Premium	PE Delta

How to read the plate

White rings mark fixed strikes (24,600–25,400), and the cyan ring tracks spot. The gold dashed boundary marks where a separately simulated, centrally heated metal plate reaches its fixed activation temperature. Strike and spot positions use a linear radius scale. The selected strike is highlighted in magenta. Brightness of the halo near the selected strike represents a normalized financial overlay, not metal temperature.

The option calculator uses a simplified European Black–Scholes–Merton model with continuously compounded interest rate and dividend yield, 365-day time convention, constant IV and no transaction costs. These are illustrative values, not live NSE quotes. Values at expiry are intrinsic payoffs; Greeks at exact expiry are not displayed.

Diwakar's Plate · Educational simulator · Not investment advice or an execution system