What is Cumulative OI Change?
Cumulative OI Stands for Cumulative Open Interest. It gives a comparative chart view of the OI of two strike prices along with the Nifty/BankNifty price and calculates PCR for the same.
What is Open Interest?
In simple words, an Open Interest Displays the total number of active option contracts.
What is PCR?
The term PCR stands for Put Call Ratio. A well-known derivative indicator called the Put/Call Ratio (PCR) was developed primarily to help traders gauge the mood (or attitude) of the market.
All of these facts are essential for formulating trading strategies that will yield high returns.
Analysis→ Cumulative OI Change
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