What is the BANKNIFTY straddle price?
A straddle is buying (or selling) the call and the put of the same strike and expiry. The BANKNIFTY straddle price here is the at-the-money (ATM) call premium plus the ATM put premium for the nearest expiry. The ATM strike is the one closest to the current spot price, so it moves as BANKNIFTY moves.
How to read this chart
- Straddle falling: premiums are decaying (time decay or falling volatility), which usually suits option sellers.
- Straddle rising: the market is moving sharply or volatility is rising, which usually suits option buyers.
- Small sudden jumps happen when the ATM strike changes as BANKNIFTY crosses into a new strike.
- Synthetic future = strike + call − put: where the options market prices BANKNIFTY.
Frequently asked questions
How is the BANKNIFTY straddle price calculated?
It is the ATM call premium plus the ATM put premium of the nearest BANKNIFTY expiry. The ATM strike is the strike closest to the current spot price.
What time is the BANKNIFTY straddle chart live?
During NSE/BSE market hours, 09:15 to 15:30 IST on trading days. Outside market hours the chart shows the last session's data.
Why does the BANKNIFTY straddle price fall during the day?
Options lose time value as expiry gets closer (theta decay). If BANKNIFTY stays in a range, the combined premium of the ATM call and put usually falls through the day.
Is this chart free?
Yes. The BANKNIFTY live straddle chart on ScreenerCharts is free to use.