Which Column Is More Important?

When looking for stocks with good liquidity and potential for intraday movement, which column should be given importance here? Total volume of futures and options contracts or Open Interest (Contracts). And why there is so much difference between open interest and traded volume?

Iā€™d give importance to the volume here. Remember, one of the most important things to look for while trading intra day is liquidity. Volumes kind of gives you a sense of how liquid the contract is. Higher the number, better suited it is for the intra day trading.

Volume is valid for the day, OI is valid for the entire month. So in a sense OI is carried forward from today to tomorrow, all the way upto expiry. So naturally, the difference arises.