Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Nifty Open Interest Change Tracker

39 sec read


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Hi Readers,
Here is an another simple OI Change Tracking Chart for you to give a more broader picture to understand what is happening in the Index Option market. Nifty Options OI Change tracker will track the change in open interest for a particular day. So that we can track either there is an unwinding of Open Interest or Addition of Open Interest in a particular strike prices. The above chart is the more recent one which shows that there is a strong addition of open Interest in 5000PE series
i.e more than 1,300,000 shares are added in open interest. Which shows that Put writers are more confident of the nifty levels 5000 as of now.
In the above chart Positive Values indicates OI Addition and negative values indicates unwinding of the position(it could be a long or short)

I had added few more OI Tracker’s for Reliance,DLF,Unitech,Suzlon all the above will be updated on EOD basis after market hours anytime between 4P.M-7P.M

List of Open Interest Tracker’s [EOD Auto Update]

NIFTY OIDLF OIRELIANCE OISUZLON OIUNITECH OI
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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