Introduction:

Trending OI is a robust feature in our futures and options platform designed to help users gauge market sentiment and identify trends by analyzing open interest (OI) data.

Basic Terms:

  • Open Interest (OI): Total number of outstanding contracts.
  • PCR (Put-Call Ratio): Ratio of put options to call options, offering insights into overall market sentiment.
  • Diff. OI Chg.: Difference in open interest changes between put and call options.

Why use it?

  • Understand market sentiment and trends.
  • Focus on actively traded options strikes.
  • Filter out noise from less relevant strikes.
  • Customize analysis based on trading preferences and strategies.

Navigation:

Analysis-> Instrument Overview-> Open Interest-> Trending OI

How to use it?

a. Customization:

  • Select the desired underlying index or stock.
  • Choose the time interval (3min, 5min, 15min, 30min, or 60min).

b. Interpreting the Table:

  • Time: Timestamp of the data.
  • LTP (Last Traded Price): Current price of the selected index or stock.
  • Day High/Low Break: Indicates whether the price broke the day’s high or low.
  • Change in PE OI: Change in open interest for put options.
  • Change in CE OI: Change in open interest for call options.
  • Direction of Chg.: Indicates the overall direction of open interest changes.
  • PCR: Put-Call Ratio provides a snapshot of market sentiment.
  • Sentiment: Indicates whether the sentiment is bullish or bearish based on open interest changes.

Support

For further support and understanding join our trading community group-> Telegram Link

Disclaimer

The videos and content on this platform are purely for educational purposes to showcase the Stolo product and help people understand how the product works. We will not be responsible for your profit and loss. Please consult with your investment advisor before making any financial decisions.