How can I get bid ask spread of option data in NIFTY, which is to be used?

@Pradeep_Jaiswar @Ketan

@sameer_siddiqui Please review the API documentation and look for the fields bit_price and ask_price

@Anand_Sajankar

But I am looking for the bid ask of an instrument, this would require to download the full option chain data which will add overhead

Is there an API like getBidAskL1Data(instrument) ??

@sameer_siddiqui
Currently, there is no API available to directly fetch the bid and ask prices for a specific option instrument. The option chain is linked to the underlying asset such as a stock, index, or commodity. It shows key details for both call and put option.

Could you please provide more details about your use case or scenario? I will check with relevant team and get back, Thanks!

@Anand_Sajankar I want to get check bid ask of the ATM the money call option for Nifty in my also. So I just want the ATM call option L1 Bid Ask and do not want to download entire option chain data as that is overhead

@sameer_siddiqui In this case, you can use the Market Quote API to retrieve the specific ATM call option and check the market depth in response for L1 Bid and Ask prices. You can refer to the documentation here

Let us know if it helps, Thanks

@Anand_Sajankar sure, I can use market quotes, could you tell me the rate limit of the market quote API?

These are the following rate limits for market quote APIs

Time duration Request limit
Per second 25 requests
Per minute 250 requests
Per 30 minutes 1000 requests

You can find more information about rate limits on our Rate Limits page.

Thank you.