While Open Interest itself doesn’t directly influence pricing, it can be an indicator of market sentiment. A large OI at a certain strike price can indicate that many traders are…
Open Interest data can be found on most stock broking platforms, under the derivatives section, alongside futures and options contracts. You can track OI for specific contracts, stocks, or indices…
Yes, Open Interest can provide clues about market sentiment and help predict whether a trend will continue or reverse. However, it should be used in conjunction with other technical indicators…