What is open interest OI and why is it important?
When doing any stock analysis then Open Interest of that stock plays a good way of confirmation of what is to happen next. Is the stock operator going to take stock up or down?
What are the basics and Rules?
What is Open Interest?
Open interest is the total number of outstanding futures and options (F&O) contracts at any point in time.
How Open Interest is Calculated?
For example, if trader A buys 1 futures contract from trader B(who is the seller), then open interest of that scrip rises by 1.
If another trader C say buys 2 … Read the rest