Hi all,
We started giving early access to Dhan Options Trading App earlier this month, and we are overwhelmed by your feedback. If you haven’t registered yet here is the link. We hope that by the end of May, we should give access to everyone and post that we aim to make the Options Trader app available to everyone.
Options Trading is risky, is for traders who know what exactly it is for. Options Trading also requires one to make well informed decisions, to analyse amongst multiple things - Open Interest, Option Chain, Screeners, Scanners and so much more. For the same reason, we thought it was only right to build the Options Trader as a different app.
As for Dhan App, Web and TradingView - same will continue for Options Trader app as well, we will keep improving the experience on this as well.
Here is the list of features we have introduced in Options Trading App:
Put-Call Ratio (PCR) Analysis
Markets continue to be volatile these days. Where the PCR indicator helps Option Traders to determine the market sentiment and trade accordingly. We are now bringing this to Option Trader app, where you can check PCR for all F&O indices & stocks.
This includes - PCR with Open Interest, Change in OI, PCR, Vol PCR and Max Pain. Many Option Traders review this information, and we felt app experience would be incomplete without the same, not now
Main Indices with Advances & Declines
Visuals are always better for communication and interpretation, and who knows this better than Index Options Traders.
We are introducing Advances & Declines on Options Trader app, for your favourite - Nifty 50 & Nifty Bank.
Nifty & Nifty Bank Indices now In-Depth
Yes, there is more as always. Both Indices on Home Dashboard are now tappable, and we have linked it to underlying Indices snapshots with further shortcuts to Futures & Options snapshots.
All navigation across these indices are now super smooth - you can move between Indices, Snapshots, Futures & Options very quickly. We loved building this, you will love using this.
Instant Orders on Options Trader
Lightning Fast Experience, as it should be. We have made the Thunder Bolt button on Order Placement screens a single-tap instant order placement experience.
Now it’s as quick as it gets, Single-Tap on Instant Order and your order is sent to the Stock Exchanges instantly!
Alpha View introduced on Options Trader
We introduced Alpha View a few months back on the Dhan app. Now we are bringing this to Options Trader as well.
Now track your performance as a trader, in real-time with Alpha View. AlphaView will compare your portfolio performance against all the indices; And as a trader, will let you know which indices you have outperformed on the day. Amazing, right?
Draft Orders on Options Trader
Who knows the value of saving time on orders, if not an Options Trader. We introduced Draft Orders (link) on the Dhan app, same has been extended to Options Trader app.
Just like your Gmail drafts, Dhan gives an option to create orders now and execute them whenever you want! Now you can execute your orders at will. Build your strategy, monitor the markets - check market-depth in real-time, and when the time is right for market entry or exit, execute it instantly in a single tap.
More Features extended to Options Trader
Last week we announced many product updates and enhancements to Dhan app, this includes following:
- Best Bid / Ask on Order Placement window
- Leverage & Margins on Trade
- Fast Adds
We are extending all of them to the Options Trader app. Full post here: Product Updates: More Enhancements to Order Placement Experience on Dhan
As always, feedback is welcomed at Dhan and we will continue to make the Options Trader app an awesome experience, just like Dhan
Enjoy the Dhan experience.
Naman