Graphical Tracking and Comparison of OI Change at Multiple Strike Level

I would like to propose following feature / group of features:

  1. Graphical (vertical or horizontal bars or lines) to track the OI / premium price changes of multiple strike prices, for the entire session

  2. Choice of reference to view the OI and price changes. For example, previous day close OI and price OR pre-session (0900 to 0908 hrs) OI and price OR rolling OI and price means rolling every 45 or 60 minutes as the session progresses

  3. Custom PCR calculation. Given user choice to select the number of dynamic strikes (say 5 or 8 or 10) around ATM, OR to select a fixed set of strikes for PCR calculation

  4. Possible inference based on the OI changes and / or PCR (as suggested above) that gives a kind of hint about market direction. Ex: stagnant, weak bullish / bearish, medium bullish / bearish, strong bullish / bearish.

These are my ideas. We can further convert them in to features that will certainly give real edge to the traders in their profit making journey.

Thanks for reading and considering.

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Upvoters
Status

In Review

Board
💡

Feature Ideas

Date

About 2 months ago

Author

MAGHVENDRA SINGH SAINI

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