Select:
 
Free Option Simulator

ICICIBANK Open Interest Chart

ICICIBANK Option Chain  

OI OI chg CE LTP Trnd ohl Strike ohl Trnd PE LTP OI chg OI
1K -1K(-50%) 101.70 (-37.80%) 1330 1.25 (0.20%) 20K(12.24%) 186K
5K -1K(-12.50%) 92 (-16.45%) 1340 1.40 (0.15%) -16K(-3.90%) 396K
70K -1K(-1.96%) 80.15 (-7.25%) 1350 1.75 (0.25%) 29K(3%) 1009K
30K -5K(-14%) 73.05 (-4.95%) 1360 2.30 (0.30%) -20K(-4.31%) 435K
20K -8K(-30%) 62.95 (-6.05%) 1370 3 (0.30%) 2K(0.43%) 496K
88K 13K(16.82%) 54.60 (-5.40%) 1380 4.20 (0.45%) -4K(-0.64%) 655K
70K 21K(42.86%) 45.25 (-5.95%) 1390 6.05 (0.85%) 81K(19.20%) 500K
799K -34K(-4.12%) 37.25 (-5.75%) 1400 8.40 (1.15%) 17K(0.92%) 1839K
288K 39K(15.77%) 30.35 (-5.25%) 1410 11.35 (1.50%) 15K(3.51%) 454K
1627K 405K(33.18%) 24.25 (-4.75%) 1420 15.15 (2.05%) 134K(7.66%) 1878K
2368K 395K(20.01%) 19 (-4.15%) 1430 19.45 (2.35%) 132K(6.73%) 2087K
4119K 54K(1.33%) 14.60 (-3.40%) 1440 25 (3.05%) -45K(-1.95%) 2247K
5070K -214K(-4.05%) 10.60 (-3%) 1450 31.15 (3.65%) 75K(3.27%) 2369K
3935K -65K(-1.63%) 7.45 (-2.45%) 1460 37.85 (4.15%) -137K(-10.68%) 1142K
4611K -78K(-1.66%) 5.05 (-1.80%) 1470 46.30 (5.70%) 15K(2.32%) 650K
2337K -15K(-0.65%) 3.50 (-1.45%) 1480 55.55 (6.15%) -8K(-3.42%) 237K
647K -31K(-4.55%) 2.55 (-1.05%) 1490 61.70 (12.65%) -31K(-20.75%) 118K
3399K -307K(-8.29%) 1.95 (-0.80%) 1500 73.80 (7.25%) -2K(-0.73%) 284K
485K -90K(-15.59%) 1.45 (-0.60%) 1510 80.70 (16.95%) -1K(-1.75%) 39K
697K -46K(-6.13%) 1.05 (-0.45%) 1520 85.40 (-%) 0K(0%) 53K
539K -15K(-2.65%) 0.80 (-0.35%) 1530 102 (1.90%) -1K(-1.04%) 67K
Open Interest data is updated by the exchange every 3 minutes in many strikes, and every minute in some strikes. Real-time data on OI is not released by the exchange and no vendor or broker has real-time OI data

Open Interest (OI) strategy is a trading approach that uses open interest data to make informed trading decisions in futures and options markets. Open interest refers to the total number of outstanding derivative contracts (like options or futures) that have not been settled.


Key Open Interest Strategies

  1. Trend Confirmation
  • If price and OI are both increasing, it signals a strong trend continuation (bullish if prices are rising, bearish if prices are falling).
  • If price is rising but OI is falling, it suggests a weakening trend, meaning the rally may not sustain.
  • If price is falling but OI is rising, it indicates strong bearish momentum.
  1. Reversal Indication
  • If price is rising but OI is stagnant or declining, it may indicate an upcoming trend reversal.
  • If price is falling and OI is declining, it suggests short covering, meaning a potential bounce back in price.
  1. Breakout Trading
  • A breakout with high OI and volume suggests strong conviction behind the move.
  • A breakout with low OI may be a false breakout and could reverse.
  1. Support & Resistance Levels
  • High OI at a certain strike price in options can act as strong support or resistance levels.
  • Unwinding of positions (drop in OI) near key levels may indicate a breakout or breakdown.

Practical Use of OI in Options Trading

  • Put-Call Ratio (PCR): High PCR (above 1) suggests excessive put buying, which may signal oversold conditions. Low PCR (below 0.5) suggests excessive call buying, which may indicate an overbought market.
Open Interest Analysis :
LBld=>LONG BUILDUP (More Call/Put Buying)=> Increase in price with increase in OI . It means people are taking positions assuming price will go up.
LUnw=>LONG UNWINDING => Fall in price with fall in OI. This shows Long positions are now getting exhausted and people are starting to book profits , assuming rally is about to over.
SBld=>SHORT BUILDUP (More Call/Put Writing)=> Fall in price with increase in OI. It means people are taking short positions , assuming price will go down.
SCov=>SHORT COVERING => Increase in price with fall in OI. Short positions are getting decreased and people are booking profits and expecting reversal.

If you want to know how to use this website please contact us on Telegram @mystockrishi
Use Nifty Option Chain at Market Timings.

Warning! Data is Not Realtime. Data is 1 min delayed. Realtime Trading is not recommended with this data.