Multi-Strike Open Interest on FNO360

:brain: Explore Multi-Strike OI โ€“ A Smarter Way to Decode Market Sentiment

In volatile markets, every second matters โ€” and so does every data point. Thatโ€™s why weโ€™ve introduced Multi-Strike OI, a powerful tool that helps traders track Open Interest (OI) activity across different time frames โ€” and gain sharper insights into market expectations.

Letโ€™s break down how it works :backhand_index_pointing_down:


:magnifying_glass_tilted_left: What is Multi-Strike OI?

Multi-Strike OI gives traders a detailed view of how OI is changing strike-wise, direction-wise (Call vs Put), and time-wise โ€” in both tabular and graphical formats.

You can choose to view OI changes in 5-min, 15-min, or 60-min intervals, giving you precise snapshots of market positioning as it evolves.


:bar_chart: Two Powerful Views:

:white_check_mark: Tabular View

  • Select your preferred Call & Put strikes (e.g., 22800โ€“23200)
  • Choose the time interval (5, 15, or 60 mins)
  • Instantly see the OI changes for each strike

:chart_increasing: Graphical View

  • Visualize the data to spot trends easily via Line chart
  • Great for traders who prefer a more intuitive, quick-glance format

:light_bulb: Why Use Multi-Strike OI?

:check_mark: Time-Based OI Insight: Analyze when positions are being added or unwound
:check_mark: Strike-Level Precision: Focus on levels youโ€™re actually trading
:check_mark: Double Confirmation: Use both Call and Put activity to confirm market direction


:hammer_and_wrench: How to Access It

Getting started is simple:

:white_check_mark: Visit the FNO360 Web Platform
:white_check_mark: Click on Open Interest from the left-hand menu
:white_check_mark: Select โ€œMulti-Strike OIโ€


:pushpin: Example:

At 9:45 AM, OI at 23000 CE = 1 Cr
At 10:00 AM, OI at 23000 CE = 1.5 Cr
:right_arrow: Thatโ€™s a 50L addition in just 15 mins and at the same time we observe LTP is also falling, by looking at this data we can assume that Nifty will face strong resistance at 23000.


:speech_balloon: How are you using Multi-Strike OI in your strategy? Drop your thoughts or charts in the comments โ€” letโ€™s learn from each other :collision:

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