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RELIANCE Open Interest Chart

RELIANCE Option Chain  

OI OI chg CE LTP Trnd ohl Strike ohl Trnd PE LTP OI chg OI
182K -1K(-0.55%) 107 (21.50%) 1430 4.95 (-2.25%) 29K(9.91%) 316K
316K -3K(-0.94%) 97.60 (19.80%) 1440 5.95 (-2.85%) 245K(31.15%) 1030K
520K -46K(-8.13%) 89 (19.10%) 1450 7.15 (-3.60%) 174K(12.64%) 1546K
613K -64K(-9.39%) 79.85 (17.55%) 1460 8.60 (-4.35%) 50K(4.13%) 1261K
385K -30K(-7.24%) 71.80 (16.75%) 1470 10.35 (-5.20%) 64K(9.69%) 719K
772K -63K(-7.49%) 63.50 (15.30%) 1480 12.45 (-6.35%) 147K(15.94%) 1069K
367K 22K(6.23%) 56.05 (13.85%) 1490 14.95 (-7.60%) 35K(7%) 535K
2779K -417K(-13.05%) 49.20 (12.90%) 1500 17.80 (-9%) 786K(36.67%) 2930K
649K -128K(-16.47%) 42.75 (11.75%) 1510 21 (-10.50%) 186K(40.39%) 647K
1464K -905K(-38.19%) 36.10 (9.85%) 1520 24.90 (-11.75%) 632K(78.07%) 1442K
1449K 417K(40.34%) 30.75 (8.70%) 1530 29.40 (-13.05%) 457K(168.45%) 728K
1482K 251K(20.39%) 25.80 (7.50%) 1540 34.15 (-14.45%) 247K(115.15%) 462K
2574K 446K(20.96%) 21.35 (6.15%) 1550 39.60 (-15.75%) 50K(7.27%) 738K
2466K 490K(24.77%) 17.65 (5.25%) 1560 46 (-16.55%) 61K(106.14%) 118K
601K 158K(35.71%) 14.40 (4.15%) 1570 52.40 (-17.40%) 25K(56.32%) 68K
807K 62K(8.33%) 11.70 (3.25%) 1580 59.70 (-18.80%) 12K(20.72%) 67K
398K 84K(26.55%) 9.65 (2.70%) 1590 67.60 (-19.60%) 11K(18.97%) 69K
3926K 92K(2.39%) 7.75 (1.95%) 1600 75.80 (-19.65%) 68K(13.41%) 575K
535K 186K(53.37%) 6.20 (1.50%) 1610 83.25 (-8.95%) 9K(40.91%) 31K
1053K 420K(66.40%) 4.95 (1.20%) 1620 92.90 (-20.20%) 8K(3.07%) 269K
167K 102K(156.15%) 3.90 (0.85%) 1630 - (-%) 0K(0%) 0K
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.


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