sir i need change in open interest data for futuers trading strategy development pls tell me how i get it i already use full market quote by there oi data is available but no chg in oi data if you provide me first tick data from where oi start then it also helps me
Hey @chetan_kushwah,
Thank you for your suggestion. We’ve passed it on to the relevant team and they’d be looking at it.
sir is now change in open interest data is available in option chain
Hi @chetan_kushwah,
Yes, you can check OI data in Option Chain. Check the below screenshot for reference.
madam i want coi (change in open interest) data in websocket or upstoxs api through instead of providing pre oi data pls provide coi data
hello any update regarting change in open interest data when you provide it in websocket or in api service
Change in OI is a derivative/calculated value. Our new V3 WebSocket is TBT capable and is directly streamed from the exchange feed. Processing any information causes lag & increase in latency. This would fault the entire capability of TBT.
However, for your need, calculating change in OI is pretty simple & straight forward.
Based on the timeframe of OI change, assume 1D for this example, A simple calculation of ((Today OI - Yesterday OI)/(Yesterday OI)) x 100 will give you the Change in OI in %
This should be seamless and an easy code to implement in your system
sir Change in open interest (OI) is purely intraday data, as it reflects the difference between the current OI and the OI at the start of the trading session. It does not directly depend on the previous day’s closing data. and the formula is Change in OI=Current OI−OI at Market Open if i use your formula it give me false values
I’m aware of the Change in OI formula.
As I mentioned, this was an example if I wanted to know the change in OI based on prev day closing. You could even do it for week/week basis or based on DayOpen. Its how you would want it.
Also, Change in OI is preferred by trades in two ways - value & percentage. While the formula for value is simple as you mentioned, I put out the formula for percentage as mentioned
i want to identify coi based on day open in value form
@chetan_kushwah
As you answered, the formula is Change in OI = (Current OI) − (OI at Market Open)
sir but capture oi at market open for all the stock is next to impossible and if u know any trick pls tell me