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Open Interest and Price Action Analysis: How to Use It

Name: Open Interest and Price Action Analysis: How to Use It
Uploaded: 2024-10-17T15:14:51Z
Duration: 14 min 49 s
Channel: Ankit Rawat
Description: Learn longs, shorts, long unwinding and short covering from price and OI, and use open interest with the option chain for support and resistance.

Intermediate·English·15 min·884 views·2 years ago

Also in Hindi

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Open interest is the number of outstanding contracts not yet settled in an expiry. This lesson explains it from scratch and shows how futures open interest, combined with option pricing, helps gauge sentiment and pick trade ideas.

It covers the four price-OI combinations: longs (price up, OI up), long unwinding (price down, OI down), shorts (price down, OI up) and short covering (price up, OI down). It then applies open interest to Nifty, BankNifty and other liquid scrips, including using option chain open interest to identify support and resistance and for option selling.

What you’ll learn

✓What open interest measures

✓The four price and OI combinations

✓Applying OI to Nifty, BankNifty and liquid stocks

✓Finding support and resistance from option chain OI

✓Using open interest for option selling

Read and practise

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SPEAKERAnkit Rawattrainer , Quantsapp

Seasoned derivatives expert with over 6 years of experience across equities, derivatives, and commodities markets. With a proven track record of successful trading and deep market insights.

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