How to Pick Trades with Open Interest | Open Interest Strategies by Jyoti Budhia | Samco Securities

In this episode, Apurva Sheth and Jyoti Budhia dive into the world of open interest in a friendly conversation. Jyoti kicks things off by highlighting the perks of hedging, setting the stage for a deeper understanding.She breaks down the concept of open interest and shares practical insights on how to use it for trading in line with the trend. Jyoti leverages data on long and short builtup from futures contracts to identify potential trades. Adding another layer to the strategy, she combines open interest with price action, considering factors like open, high, low, and close values. This approach helps pinpoint the best opportunities for both intraday and short-term trading. Jyoti also walks us through the relationship between open interest and price, providing a clear demonstration. An important takeaway from Jyoti is the acknowledgment that every trader should handle losses with the same grace as they celebrate a win. This episode is designed to be a valuable guide, assisting you in making informed trade selections by understanding the dynamics of open interest.


Timeline:

00:00 Introduction
09:20 Data reading of Open Interest
10:14 Build up Cycle
11:13 Explanation of Build up Cycle
14:42 Explanation via Quantsapp
16:26 Data explanation via charts


Watch the second episode : https://rb.gy/lqe810

About Jyoti Budhia:

Ms Jyoti Budhia is the founder of B.k Training. She is a well-known name in options and
technical analysis, having 3 decades of experience in the stock market, a trader and trainer.
She is also empaneled as a trainer with the National Stock Exchange (NSE), Bombay Stock
Exchange (BSE), National Institute of Securities Market(NISM) and many reputed institutions.

About The Right Choices with Oracles of Dalal Street :

The Right Choices with Oracles of Dalal Street is hosted by Apurva Sheth. He is the Head of Market Perspectives & Research at Samco. He has more than 13 years of experience in financial markets. Our show focuses on curating actionable and insightful strategies from real-world stock market heroes. Our guests have been successful in markets and are willing to share their insights with you.

Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our YouTube channel.


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