Trading Strategy using Options Open Interest


Mr. Abhijit Phatak

He is a SEBI certified Research Analyst and has been studying and trading on the basis of charts since 2003-2004. He has developed a unique method of identifying what the market is up to on the basis of charts of Options, and also straddles, OI of options, and Put-Call ratio at various strike prices. He has also observed on many occasions how options charts have a different story to tell, sometimes exactly opposite to what the chart of the underlying is showing. The momentum of a trend in the indices can also be identified on the basis of charts of a bunch of straddles. Almost all the techniques have been developed on his own by observing them over the years and many of the techniques that he uses are not found in any textbook of technical analysis.

Mr. Abhijit Phatak in Face2Face

Mr. Vivek Bajaj


Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

About this Face2Face:

In this Face2Face video, our guest speaker Mr. Abhijit Phatak will talk about strategies using options open interest, but before that, the live market will also be discussed. In the current scenario, with all the unusual events, the stock is getting affected. This is a matter of concern for every trader and investor.


This video will talk about the current predictions in the stock market that have been changing the dynamics. Mr. Abhijit Phatak will also talk about the call and put options that are shown on the screen. 


It will be a great learning experience because our guests have 20 years of experience in this field with a good amount of losses. This will ensure that he will be able to explain the downfall of a few strategies, which will make it easier for people to understand. 


The total number of active options contracts is indicated by open interest. These are contracts that have exchanged hands but have not yet been settled through an equalising trade, an exercise, or an assignment. Open interest is not updated throughout the trading day, in contrast to options trading volume. Strategies of options open interest and the graph with all the plotting will also be explained by our experts. This will help many traders in plotting a graph with the help of relevant data. 


To know more about options open to interest, watch now!