01
Five questions to ask of any terminal
1. Where does the data come from? Exchange-sourced quotes and open interest, or scraped or delayed copies.
2. How fresh is each number? Look for visible timestamps and a clear last-session state outside market hours.
3. Is the method published? GEX, DEX and implied volatility all depend on model choices. A page that states them can be checked.
4. Are units stated? Contracts versus units, rupees versus crore, per 1% move.
5. What happens when data is missing? A trustworthy terminal shows the gap instead of filling it.
02
Features that matter for index options
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Live option chain with Greeks and implied volatility.
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Dealer positioning views: GEX, DEX, gamma flip, walls.
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Historical open interest and positioning, so today can be compared with its own range.
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Alerts on stated conditions.
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Index, futures and volatility context in one place.
03
How Arkenwell approaches this
Arkenwell is an analytics terminal for NSE derivatives. It uses exchange-sourced market data, documents its methodology on the Methodology page, shows last-session data with a clear badge when the market is closed, and shows a dash rather than inventing a value when a field is unavailable. It is an analysis tool and does not place orders or give investment advice.
04
Frequently asked questions
What is an options analytics terminal?
Software that turns option chain data into analysis: Greeks, implied volatility, positioning and flow, so traders can judge risk and structure.
Does Arkenwell execute trades?
No. Arkenwell is an analysis terminal. It does not connect to brokers for order execution.
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