Hello Options Traders,
One of the core philosophies that we follow at Dhan is that Market Data, Insights & Analytics
should be at the fingertips of traders and in real time. Because we all understand that access to
better information gives the added advantage in the market.
That is why we have consistently built tools that put the right data in front of traders in the right
form. Features like the Advanced Option Chain, Straddle Chart, Straddle Chain, and Strategy
Builder are all built with one goal: reduce the gap between analysis and execution so you can act
with confidence.
Open Interest is one of the most critical signals in options and futures trading. It tells you where
large positions are being built, where they are unwinding, and how market sentiment is shifting
in real time. We noticed, however, that reading OI meaningfully requires tracking multiple layers
together: OI data, change in OI, PCR, volume trends, and buildup signals across strikes and
contracts. Doing this across different tabs or tools means you are constantly switching screens,
correlating data manually, and losing precious time exactly when speed matters most. We
understand the importance and hence we are bringing a powerful upgrade on Options Trader.
Introducing: Advanced OI Analytics on Options Trader by Dhan
Advanced OI Analytics brings all dimensions of Open Interest analysis into one unified section on
Options Trader Web. Here is what it includes:
-
OI Bar Graph
● View strike-wise Call & Put OI, Change in OI, PCR and Volume PCR in a bar chart for
index, F&O stocks, and commodities
● Monitor OI, Change in OI, PCR and Volume PCR with multi-expiry selection.
● Adjust strike range and switch between live & historical intraday or day-wise data.
● Track ‘Change in OI’ across time intervals such as Last 5 Min, Last 15 Min, Last 30 Min.
Last 1 Hr, Last 3 Hrs and Full Day
● Set reference points (previous day or custom date) in Change in OI to track position
changes across different time intervals. -
Options Buildup
● Analyse real-time strike-wise buildup (Long buildup, Short Buildup, Long Unwinding,
Short Covering) with OI, Volume, LTP data points.
● Get Interval-wise buildup insights (3,5,15,30 min) for selected strike & expiry
● Visualize price, OI & volume together to track buildup trends -
Futures Buildup
● Scan all F&O stocks with real-time buildup, OI, volume & price changes
● Get Interval-wise buildup data for selected futures contracts and visualize future price,
OI & volume together to track buildup trends -
Multi-Strike OI
● Compare OI across multiple strikes on a single chart view
● Overlay underlying price to track how OI evolves with price movement of the index, F&O
Stock or Commodity.
● Get Interval-wise insights (3,5,15,30 min) for selected strikes & expiry
All the analysis mentioned above comes with live OI updates across index, F&O stocks and
commodities. We’ve also made the experience highly flexible, allowing you to customize strike
ranges, intervals, and more, so the analysis fits your trading style.
Advanced OI Analytics is now live on Options Trader Web. Head to options-trader.dhan.co, open
the Open Interest section under the Insights menu and start exploring now.
If you trade options on Options Trader App, Options Trader has grown into a full set of features for derivatives traders, much of it built on feedback right here on the forum. A few related launches that pair naturally with OI analytics, in case any are useful:
- Custom Strategy Builder on Options Trader Web — build, backtest, and trade your own multi-leg options strategies directly on Dhan Web. Useful once you’ve spotted positioning skew through OI and want to construct a precise trade around it.
- Position Analyser on Options Trader App — shows the risk and exposure profile of your live options positions in one consolidated view. Particularly helpful when you’re running multiple legs across strikes and want to read your net Greeks rather than juggle them individually.
- Real-Time Straddle Chart on Options Trader Web — live straddle premium charts that let you read IV movement as it happens. Pairs well with OI analytics for spotting when implied volatility is reacting to positioning shifts.
- Straddle Chain on Options Trader Web — straddle premiums laid out across every strike in the chain, in one view. Useful for finding the right strike when constructing a non-directional trade, especially alongside OI buildup data.
- OI Profile on TradingView Charts — OI Profile now layered directly on TradingView charts inside Dhan. Lets you see positioning context against price action without switching between tabs or windows.
Like many features, Advanced OI Analytics was also inspired based on suggestions from the
Dhan community. Do let us know how it’s helping you in your daily trading and what more we
can improve.
Happy Trading,
Jai Supreeth
