To analyze open interest (OI) data on Angel One, you need to check the derivatives section on the app or website. Open Interest shows the total number of outstanding contracts (like options or futures) that are not yet settled. This helps you understand market trends, support, resistance levels, and trader sentiments.

What Is Open Interest in Trading?

Open Interest (OI) means the number of open contracts in the futures and options market. It helps traders know whether new money is coming into the market. A rise in OI with price indicates strong trend, while fall in OI shows profit booking or weak trend. It is important for options trading strategies.

How to Check Open Interest in Angel One?

Log in to the Angel One app or web platform. Go to “F&O” section or search for any stock or index. Select the “Options Chain” or “Futures” tab. There you will see OI data along with strike prices, volume, change in OI, and LTP (last traded price). You can filter data to analyze better.

How to Analyze Change in Open Interest?

Change in OI helps you understand new positions. If price goes up and OI also goes up, it means fresh buying. If price falls and OI increases, it indicates fresh short positions. If both price and OI fall, it means long unwinding. Always combine price movement with OI data for better decisions.

Why Is OI Important for Options Traders?

OI helps traders identify support and resistance levels in options. High OI at a strike price shows it may act as strong resistance or support. It also helps in identifying market sentiment and trader positioning. Using OI data can improve your option trading strategies and reduce risk.

Tips for Using OI Data Wisely

Always look at OI with price movement. Use it with volume, technical charts, and news. Avoid making decisions based only on OI. Look for spikes or drops in OI at key levels. Use Angel One’s tools to track OI data regularly. Practise with virtual trading before putting real money.