Open interest is simply the number of open positions at a moment. It only applies to derivative(F&O) markets.
Open interest changes as and when an open position is closed, or a new position is created but there’s a trick i.e. it doesn’t change for every trade that happens. To make it simpler for you we have made a video. Click Here to see the video.
The major benefit of open interest analysis is we can understand if there’s fresh money that’s flowing into market or is it that the existing participants are driving the market moves.
All the analytics we have on this platform are focused on monitoring the OI changes and the OI changes in conjunction with price to identify key turning points in the market. We also track the institutional activity in the index derivatives segment for Nifty and Banknifty each day to help you understand what the big folks are doing.
You will be able to get a different perspective on how the market moves when you track what is happening to open positions at key price levels which enables well timed entries and exits,our analytics tell you what’s really driving the market whether fresh money or unwinding by the existing participants.
No. We are data analytics platform and don’t provide any sort of trading tips. But in future you can expect a section for index option trading strategies, we are unsure about the timing of it.
ΔOI presents you the OI changes in conjunction with price
it tells you at what price fresh participants are entering and old participants are exiting the market.
The data is updated every mimnute and can be seen in 5,10-minute intervals. See the picture below to get a glimpse of what this feature has in it for you.
With these charts you can see the change in oi of both call side and put side for a strike price represented in a line chart and along side you can see the trend of the underlying instrument's movement to gauge how options impact underlying
The benefit of these charts is that it tells you whether call/put writers are active at a strike price telling you whether call/put option will become worthless.
No. We are data analytics platform and don’t provide any sort of trading tips. .
No, we currently support only index options for Nifty and Banknifty of the near weekly expiry.
In derivatives market NSE has classified all the participants into four categories FII,DII,Pro,Clients. We call the FII + Pro’s as the smart money because we have seen them to be on the right side of the market more often.
Please visit our pricing page here for the information.
No refund is allowed of any subscription fees paid
No. We don’t support this currently.
All our plans are monthly renewals and your subscription to any plan is valid for a period of 30 calendar days from the date of activation.
We support UPI payment through our UPI payment address 7893219789@okbizaxis.
For those people who are unable to make use of the analytics on the platform and want an initial guidance can subscribe to our mentorship program.
We tried our best to cover all the features of this platform and how to make use of the same in the blog section of this site. If you are a complete beginner, you might take some time to get familiar with these concepts and analytics that we offer and if you want to get the advantage of time in learning these techniques faster then this program is for you. But if you are fine giving some time then explore our blog section and you should be good to go!
The sessions are completely focused for a beginner and doesn’t need any pre-requisites from you but having an idea about options and derivatives would be a benefit.
A session on basics to advanced open interest analysis of markets and decoding the smart money vs retail participation in the market and ways to identify intraday/short term market trend.
Due to limitations on time availability we currently run these sessions once in two months and are held offline with live interaction.
Please refer to our pricing page for more information or Get in touch with us by writing to us on our email for more details.
Check here for the dates and other details.
All the participants are guided in live market for a period of one month and will be part of a group for an indefinite period where we discuss the analysis live.