Gauge Market Direction - Trending OI

Understand Options Markets at Macro Level and Track Total Open Interest and Total Open Interest Change (TOI), and Total Put-Call Ratio (PCR).

Track Total Put Call Ratio, Total Open Interest and Total Open Interest Change and OI Trend for selected instruments and selected strike prices.

For the selected instrument, expiry, and option strike prices, you will see Total Open Interest (TOI) and Total PCR on the left side and Total Change in Open Interest and OI Trend on the right side.

Correlate with the price chart and you will be able to confirm the direction / trend / reversals of the market.

One of the effective tools to gauge and confirm market trend or direction.

In the next post, we will cover the Options Strategy section and the features available.