Hi Good Morning,
My understanding about OI is,
The number shows the buy and sell happen on that day. for instance,
OI=1,11,139. means buy=sell, that much contract closed.
Is OI indicate the following
high OI means more active, low OI less active. Should i go High OI in option stock market or it doesn’t matter?
In what way it helps the trade. what indication it gives about the particular stock or script?
Thanks in advance.