OI change vs Strike Graph Query

[sachinsp15]

Hi @Sensibull -

Why do OI change vs Strike graph data changes in evening as compared to 3:29-3:30 PM graph data?

[ShubhS9]

This post should address your query:

Is the live open interest(OI) data being provided by exchanges correct?

Yes, the live open interest (OI) data streamed by exchanges is correct, but I don’t think it is a smart move to use the intraday OI data as part of your trading strategy. This is because of how institutional trades are settled. Below is the reason why Institutional clients use trading members to execute their orders and use the services of a clearing member (CM) to clear and settle the trades. So it means Broker executes the order and the Clearing member of the client has to confirm the order …