OPEN INTEREST IS NOTHING BUT NUMBER OF CONTRACTS TRADED ON STOCK OR INDEX.
IT INDICATES THE MOVEMENT OF STOCK OR INDEX.
BELOW SCREEN SHOT IS ENOUGH TO LEARN ABOUT OPEN INTEREST.
LEFT SIDE SHOWS CALLS OPEN INTEREST (OI).
RIGHT SIDE SHOW PUTS OPEN INTEREST(OI).
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| NIFTY OPTIONS CHAIN |
ALL ARE NIFTY INDEX JULY-26 CONTRACTS.
MIDDLE ROW SHOWS INDEX STRIKE VALUE.
Open Interest plays major role in options trading.depends on open interest traders
can decide to act as a bull or bear.
Generally Open Interest movement happens @ stock results,important announcements (inflation,
RBI rate cut, news..),long bull or bear run.