Can anyone from upstox team please let me know HOW mwpl is calculated for FNO contracts with a practical example on how can i calculate MWPL for a particular stock. Also, using the MWPL how stocks goes into Ban period in FNO using practical example using live scrip. @Ushnota Please help as i tried reaching out to Dhan as well on this but no reply was provided only general example was provided i need exactly using real data how mwpl for any stocks can be calculated in order to avoid fno ban before the scrip goes into FNO Ban
Hi @Arvin720,
Please check these links:
https://www.nseindia.com/products/content/derivatives/equities/position_limits.htm
https://www.nseindia.com/products-services/equity-derivatives-risk-management-sec-ban
In case you need more help, let us know. Thanks.
@Ushnota the links under the first link seems to show error 404. My question is a hassle i know but want to know the logic behind MWPL using real data instead of examples as want the same for my future analysis. It would be really helpful if you could explain with the helps of the data in the links shared by take any scrip which is in ban today and explain using real data that would be really helpful for me and others requiring the same information.
Hi @Arvin720,
So, Open Interest / MWPL × 100 = Utilisation % of that particular scrip, as per that day’s EOD. If this percentage crosses 95%, the stock may enter the F&O ban list.
For eg, this is as per yesterday’s EOD: Combined open interest across exchanges (.zip)
You can check the Open Interest in real time from here: https://www.nseindia.com/market-data/oi-spurts
This is how you can compare between yesterday’s OI and today’s, which will give you a good idea of whether the stock is approaching the F&O ban threshold. Hope that clears things, thanks.
How is MWPL calculated please explain using real life explanation take RBL Bank for instance @ushnota
any update on the query @Ushnota