How to Pick Trades with Open Interest | Open Interest Strategies by Jyoti Budhia | Samco Securities

In this episode, Apurva Sheth and Jyoti Budhia dive into the world of open interest in a friendly conversation. Jyoti kicks things off by highlighting the perks of hedging, setting the stage for a deeper understanding.She breaks down the concept of open interest and shares practical insights on how to use it for trading in line with the trend. Jyoti leverages data on long and short builtup from futures contracts to identify potential trades. Adding another layer to the strategy, she combines open interest with price action, considering factors like open, high, low, and close values. This approach helps pinpoint the best opportunities for both intraday and short-term trading. Jyoti also walks us through the relationship between open interest and price, providing a clear demonstration. An important takeaway from Jyoti is the acknowledgment that every trader should handle losses with the same grace as they celebrate a win. This episode is designed to be a valuable guide, assisting you in making informed trade selections by understanding the dynamics of open interest.
Timeline:
00:00 Introduction
09:20 Data reading of Open Interest
10:14 Build up Cycle
11:13 Explanation of Build up Cycle
14:42 Explanation via Quantsapp
16:26 Data explanation via charts
Watch the second episode : rb.gy/lqe810
About Jyoti Budhia:
Ms Jyoti Budhia is the founder of B.k Training. She is a well-known name in options and
technical analysis, having 3 decades of experience in the stock market, a trader and trainer.
She is also empaneled as a trainer with the National Stock Exchange (NSE), Bombay Stock
Exchange (BSE), National Institute of Securities Market(NISM) and many reputed institutions.
About The Right Choices with Oracles of Dalal Street :
The Right Choices with Oracles of Dalal Street is hosted by Apurva Sheth. He is the Head of Market Perspectives & Research at Samco. He has more than 13 years of experience in financial markets. Our show focuses on curating actionable and insightful strategies from real-world stock market heroes. Our guests have been successful in markets and are willing to share their insights with you.
Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our KZbin channel.
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#therightchoiceswithoraclesofdalalstreet #samco #samcosecurities #apurvasheth #samcotradingapp #tradingapp #apurvashethsamco #openinterest #openinterestanalysis #jyotibudhia

[@jangamnagaraju7947]

Really amazing ma'am no one teach like you, simplifying how to trade execute without fear with confident, which stock should gives profit to us, simple logic without stress

[@79MD]

She is Unique in her training style. If one of true learner, he will feel the RESPECT ! She considers all as Children of Stock Market and addresses all like that (a learner should feel) She is a Teacher by Heart ! A Diamond ! Thums up to the team !

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@mithunnair1910]

Wonderful person and lectures given by her... Loved Jyothi mam... The way of her teaching and personality...

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@imrangk2173]

Superb knowledge not only for open interest but many psychological points and some hidden hints about short & long covering and built-up known from open & low of the price from the live chart reading ... 😇😇

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@user-jt8yh8pw6z]

Jyothi madam is such kindhearted and great teacher

[@sahilhasija4802]

Just wow, so simple explanation. Thank you Mam for your valuable guidance.

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@shailendraboby6252]

Easily to understand the content, way of you explained was so simple Respect u mam...Thank you..👍

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@ravikumarattili8277]

Wow, wonderful education on open interest. Very Prectical and doable. Thanyou apoorva and Jyotiji

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@mdmukhtarulhussain2054]

Hats off to both of you, Jyoti mam and Apurva.

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@vijayomble]

Apurva maam ne toh aapki hawa nikaal di sawal puch puch ke......apke face se dikh raha tha.........but overall nice lecture you provided to us.......Thank You Sir..

[@mithiyarani1640]

Hwa kya nikal di isme? She has knowledge and experience no doubt but what she doesnt have is modesty in speaking and manner. She poses herself in a authoratarian manner

[@sandykhatavkar8325]

Thank you Apurva for being a good host

[@sandiptahwh]

Thanks a lot apurva sir for humbleness which Madam lacked

[@msbmri24]

Pant bhi peela ho gaya tha shayed

[@SAMCOSecuritiesIndia]

Dear viewers, Thank you for watching the episode. Watch the second episode:- kzbin.info/www/bejne/h32lmKSBlNl0n6M Please subscribe to our youtube channel for more such interesting videos: www.youtube.com/@SAMCOSecuritiesIndia

[@nileshmogal7831]

Hi Apurva, I have recently started following your channel and have become a big fan of your channel. Awesome content. This Video is a eye opener for me. I have a recently started trading and will look forward for your videos to learn more. And a Huge Respect for Jyoti Ma'am, What a strategy she has shown to us. Thank you so much.

[@SAMCOSecuritiesIndia]

Thank you for your kind words and feedback Nilesh! We are glad that you found the video knowledgeable. We will continue to produce such quality content for our viewers. We appreciate your support and it is great to know that you enjoyed the video.

[@anasbhagat2162]

Aha kaya baat Pese se prem karo position se nahi Wah👌👌

[@vbbvinay8180]

Thank full to both of you. i have learnt something new from you people.

[@SAMCOSecuritiesIndia]

Thank you Vinay, we are glad you found it helpful.

[@mushirqazi31]

can anyone help me to find out synopsis on quantsapp? Please send me link if possible

[@montymihir]

Apurva sirji your all samco videos is very helpfull me But this video is my one of the favourite Thanks you apurva sirji & thanks to jyoti mam & thanks samco securites is such a uniqe

[@SAMCOSecuritiesIndia]

Glad to hear that. Please subscribe to our KZbin channel for more insightful videos.

[@mangeshrajhansa446]

मैने ऐसा badhiya video अभी तक नहीं देखा था....जो ये बताये की trade कैसे लिया जाये.....hatsoff jyoti madam.....we would like to watch Option series video from you through SAMCO.....

[@SAMCOSecuritiesIndia]

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[@mangeshrajhansa446]

@@SAMCOSecuritiesIndia already subscribed..I am also a SAMCO partner

[@alpha_9o9]

Waoo Simple and effective strategy, thanks

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@santoshutekar]

Very interesting

[@shreebalajiethincswearshre4434]

Open &low end of the day hai. Trade tho next day kitane bhaje lee Naa hoga time frame kiya hogee

[@ytcreation6118]

How to put stoploss in premium of stock price according to spot chart. Like mam saying that stoploss should be 1 to 1.25% of open, if I trade in option of that particular stock then what would be the stoploss in premium price, is it 1-1.25% of the premium opening price or anything else. Please clear it

[@partha384]

Thankyou bhaia for Jyoti Budhiya mam talk.

[@SAMCOSecuritiesIndia]

Hi, thank you for the kind words.

[@30sankar]

Great with jothi ji Thank you Apurva Brother

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@parthamukherjee6455]

How to hedge the stocks?

[@anandbhilai]

thanks apurva for inviting Jyoti...learned something new from her.....would like meet u both sometime and invite on dinner

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@adityabajaj6649]

amazing session sir... please upload more such detailed educational videos

[@SAMCOSecuritiesIndia]

Glad you liked the video. Your feedback has been noted. Please subscribe to our KZbin channel for more insightful videos.

[@sanjubhau5748]

Apka show rocking. Made 25k with Jyotiji stratergy. She is so perfect. Thanks to both of you. Dukan ki line sabkuch bol gayi. Traded in CE PVR. Traded CE Persistent more than 7% vow. Today hdfcamc, Canfin again 20k. Power of Data with Price action so wonderful

[@vikv4884]

Congrats.., sir, i was looking for Open Interest of long and short , long buildup etc..where can we get these details..pls help with website link.

[@Rahulrahul-cz2tn]

R u still making profit from this strategy??is strategy good

[@siddharthkrishnan]

Hi

[@omguru01]

Mam is good teacher...I remember my college days...Maja aa Gaya.. thanks

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@avinashjr1006]

Good strategy but in live markets the realty is different when after 30 min the markets reverses.

[@nalinakshiswamy1883]

Madam is generous she has given this in free god bless her always

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@rajeshhebali9191]

Waoo Simple & Effective strategy. TAKE ONE NEXT VIDEO ON OPTION AND FUTURE WITH JYOTI BUDHIA MADAM.

[@SAMCOSecuritiesIndia]

Your feedback has been noted. Please subscribe to our KZbin channel for more insightful videos.

[@HarjotSingh-oc4lf]

Nice Teacher !

[@kumarhitesh9026]

We should apply this method after market hours or in live market ... please tell ma'am or Sir...... we are waiting for your reply

[@apurbanath7127]

SL thik hai, target thik hai, lekin entry kaha lena hai samaj nehi Paya. Please help

[@bharatdahyalal6834]

Super human tendancy mam said....great.human tendancy could easily match market as easy 🙏

[@SAMCOSecuritiesIndia]

Hi Bharat, thank you for your comment. Keep Watching:)

[@interestinginvestments1805]

She has a very good grip on the subject of options. Her aggression is commendable 👍 Thanks for the video

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@rajeshsachdev5091]

Madam this is old statergy of open low open high same

[@patelganpat7998]

APURVA SIR ..DIVISLAB KA EXAMPLE JO MEDUM NE BATAYA ....30.15 MINUTE KE BAAD KA VIDEO ME STOP LOSS BATAYA VO SAHI NAHI HAI ....KYOKI GREEN CANDLE KA OPEN NICHE HOTA HAI AUR SL UP SIDE BATA RAHI HAI ....CONFUSE HO RAHA HU SIR PLEASE REPLY 🙏🙏

[@youtubepremium4582]

Option buildup looks good EOD.....live market is different scenario

[@umeshjamadar2409]

Bohot Badia..👍👍

[@SAMCOSecuritiesIndia]

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[@manaskadasgupta6070]

Extraordinary!

[@SAMCOSecuritiesIndia]

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[@Ramesh151]

when you have a buy position, you feel market will not go down.Hedge your position always not when you feel like. is the trend up and buyer aggressive? price rising and pen interest rising is needed. stoploss is 1.25 pct of open price. she uses quantsapp and sinopsis therein. we can pick stock with open is approximately equal to low. see in 15 min chart, find stock with move less than 1 percent. she says open and low are not same even though it opens with gap up.

[@sujitroy7821]

Grt sir..Maja mila

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@hemantrk283]

Good one Approrva and Jyoti ji. Quite useful. Is it possible that while long is build up or short is likely to be covered, willl the stock be kept - 1% approx previous close? After this there is gap up next day. So better to give 70% weightage to price action and indicators and 30% to OI.

[@SAMCOSecuritiesIndia]

It depends on what you are comfortable with. We recommend to backtest or paper trade to find out what works for you.

[@DevSingh-mu7se]

Thank you very much sir

[@SAMCOSecuritiesIndia]

Thank you for your feedback.

[@narendergadhwal7006]

Madam maza aa gaya. Bahut achchhe se samjhaya

[@SAMCOSecuritiesIndia]

Hi Narender, thank you for your comment. We are glad that you liked it. Keep Watching :)

[@sidhantsinghi]

Beautiful episode

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@Ramesh151]

video location 15-23 she answers one big question traders have -which stock to buy? buy only those stocks that moved less than 1 percent . avoid those that already moved 7 or 8 pct. she takes trades only after 0930am. aggressive stock is which has open =low almost same and trend is up compared to past day. stoploss is1 pct below open. stoploss in short trade is 1% above open, target is 8 to 10 pct down below open. she exits position max one week.

[@balannachaudhary3637]

Trade in futures or options!

[@parmodsingh2699]

✴️✴️✴️✴️✴️ Fully Knowledgeable.....

[@SAMCOSecuritiesIndia]

Thank you for your feedback.

[@arunthakur513]

OI changes every 5-10. Stocks you get with high OI at 9.30, mostly those stocks vanished from that list after 15-20 min. How would u know which stock will remain in trend for the day. After market, it is easy to preach

[@npawar441]

Entry above 15 minutes open low ryt?

[@npawar441]

Ye during market dekhna hena after 9.30

[@harishbhardwaj6001]

Very nice

[@SAMCOSecuritiesIndia]

Thanks!!

[@kapilaggarwal9924]

Mam apne yeh to btaya nahi ki aap hedge kese krte hai kisi bhi shares me

[@loveuu.k778]

Priceless information mam very impresive

[@SachinKumar-de6im]

She is explaining after market ... Have you checked it in live market????? Because it's different in live market

[@sachinjain5698]

Are yr the oracle if right choices.....yah kya h....

[@laxminarayanshakya1169]

Can anyone tell about the software which is used by mem con......

[@SAMCOSecuritiesIndia]

She has used the Quantsapp software. Kindly check below link for more detail:- www.quantsapp.com/

[@gurukulparanparaya5452]

Anybody, pls say when to see OI future data ,, at what time before or after market opening....

[@SAMCOSecuritiesIndia]

You must see after 9.30 am.

[@mannishsharma7464]

So simple illustration by mam, sir plz keep recorded such vedio with mam.

[@SAMCOSecuritiesIndia]

Your feedback is been noted. We'll try to incorporate this in our upcoming videos.

[@knowledgehub4509]

Nice shared

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@TheVinvis3102]

Can also let us know the website she is using to scan ?? I am unable to get synopsis name any website

[@SAMCOSecuritiesIndia]

She has used the Quantsapp software. Kindly check below link for more detail:- www.quantsapp.com/

[@anjanikumar5007]

लोंग बिल्ड अप को किस दिन से देखना है

[@tanandakumar3680]

Madam please explain candle sticks live market further episodes

[@sksayantankundu]

We want a live market video for the same please Apurva. If I keep looking at the screens, I will loose out opportunities, so need this please.

[@SAMCOSecuritiesIndia]

Your feedback is been noted. We'll try to incorporate this in our upcoming videos.

[@gangaram0719]

Nice video and helpful information 👌💐💝💕♥️ All these are simple games of open=high (bearish) & open=low (bullish) strategy 👍 Checking stocks one by one is simply time consuming!!! Will you suggest any scanner based on above criteria including open interest??? Specially for future stocks ???? Thank you 🙏💐

[@SAMCOSecuritiesIndia]

We have created a scanner which helps you find open = high and open = low stocks for futures. You can use this link - chartink.com/dashboard/116115

[@marketbulls1164]

i wanted to know how much % change in OI should we consider after open = low or high for e.g 3 % 5% change in OI please reply coz mam did not said how much OI should we consider

[@SAMCOSecuritiesIndia]

Hi, we'd like to inform you that you can consider 3% change in open interest as a starting point. The more the better.

[@dhruv-pandya]

I have one query about SL. Should SL be 1% of open of day or OPEN of 9:30 candle on 30 minutes time frame?

[@SAMCOSecuritiesIndia]

it should be 1% of your entry price.

[@tmmunnayt9178]

Thanks mam

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@mahadevvmathkar3034]

Sir, Lady is very much practice but sharing gud knowledge and ides

[@bharattrivedi7099]

dear brother please share link to open open int shown by medum

[@SAMCOSecuritiesIndia]

You can check the details on www.quantsapp.com/ website.

[@mslakshay786]

Plz tell which site used for stock screener in video

[@SAMCOSecuritiesIndia]

The screener shown in video is Quantsapp: www.quantsapp.com/

[@DeepakChauhan-rf9so]

Sir ek point bataiye Long Built up ka Jo data hame read karna hai wo after market check karna hai Or trade execute next day After 09:30 karna hai

[@SAMCOSecuritiesIndia]

Hi Deepak, yes, your understanding is correct

[@jasvindersingh6363]

Daily chart of which day and 15 minutes chart of which day, please clarify. Thanks

[@SAMCOSecuritiesIndia]

The most recent charts should be seen.

[@gopalkrishna5275]

Sir for Swing Trading should i check this data everyday to select long build up Stocks ?

[@SAMCOSecuritiesIndia]

Once at the end of day is enough .

[@spsingh8048]

Sir, any screener to filter out such stocks.

[@SAMCOSecuritiesIndia]

Hi, click on the given video link to know about the screener. Open = High Low & Open Interest Screener : kzbin.info/www/bejne/j4i7eHmKiN-Xfsk

[@aswinikumarmishra2005]

Very simple explanation. Even a 10 years old kid can understand

[@SAMCOSecuritiesIndia]

Thank you for your feedback. Please subscribe to our KZbin channel for more insightful videos.

[@MsAmarpatel]

for short open=high or open+0.5% =high. but as you show in divis lab, the high is open+1%. so can we take that trade, or should we ignore it. Please suggest the accurate rule

[@SAMCOSecuritiesIndia]

Hi Patel, the accurate rule is open and high should be within 0.5% of each other. At time you can use your discretion and go beyond this too.

[@MsAmarpatel]

@@SAMCOSecuritiesIndia thanks for reply.

[@Rahulrahul-cz2tn]

@@MsAmarpatel this is lagging method ,hv u tried ,as open is equal to low on daily time frame one can see only after mkt close on daily time frame candle ??any suggestion

[@devsunny10]

We want another episode with more knowledge please 🙂

[@SAMCOSecuritiesIndia]

Tune in to The Right Choices with Oracles of Dalal Street every Saturday at 11 am on our KZbin channel for more insightful videos.

[@vikv4884]

Pls share link of NSE or any site where we can get open int data

[@SAMCOSecuritiesIndia]

Hi, You can check details on NSE website. Kindly click on the link : www.nseindia.com/market-data/equity-derivatives-watch

[@vikv4884]

Thanks, but i was looking for Open Interest of long and short , long buildup etc..

[@sudhakarv3827]

When (@ whst time )we have to run the scan / Heat map ?

[@SAMCOSecuritiesIndia]

Hi Sudhakar, Give us some time, and we'll check with the concern person and get back to you.

[@SAMCOSecuritiesIndia]

You can do this every day after market hours

[@jasvindersingh6363]

Trading is based on which day chart?

[@asba9787]

exactly ? previous day data wont be relevant for present ? how will this startegy work ?

[@rajeshhebali9191]

TAKE ONE NEXT VIDEO ON hedge the stocks WITH JYOTI BUDHIA MADAM.

[@SAMCOSecuritiesIndia]

Your feedback is been noted. We'll try to incorporate this in our upcoming videos.

[@firojhossain3763]

Sir, make a video on currency trading like USDINR

[@SAMCOSecuritiesIndia]

Your feedback has been noted. Please subscribe to our KZbin channel for more insightful videos.

[@KMMIGA74]

🙏

[@sagarsuper6479]

बाप रे 😂 !!! मैम के बोलने के दबंग अंदाज से मुझे मेरी क्लास टीचर की याद ताजा हो गई

[@jstar9295]

Apurv ..man hi man main soch Raha hai, market bandh main koi bhi kar leta hai😅😅

[@BLBirla]

What is Synopsis?

[@SAMCOSecuritiesIndia]

Synopsis is simplified data analytics. For more details kindly check the below URL:- www.quantsapp.com/

[@sujalshah001]

So far I understand that if daily chart we r looking then previous high or low should not be cross or break to make position ? Apurva bhau pls clarify? As I also saw u was not confident during session

[@SAMCOSecuritiesIndia]

if you are looking for long trades then open should closer to the day's low. For short trades high should be close to the days highs.

[@luffy207]

Stop loss 22:40

[@abhirampajjuri9934]

She is selecting the stocks after market hours

[@StartupsBanking-uc7fs]

This is gam bling ,not a good method ,gives only 25 percent around if by anyhow

[@sandeepsarva]

not seen relation with open interest?

[@SAMCOSecuritiesIndia]

We recommend to see both episode for better understanding. Link of part 2 - How to Pick Trades from Option Chain | Open Interest Analysis: kzbin.info/www/bejne/h32lmKSBlNl0n6M

[@bharatgulwani4982]

The shrill in her voice registers information right into your brains, humari maths teacher ki tarah sikhaya … dukan example was the showstopper hahahaha 😂😂

[@baluparab6610]

hi

[@brokenenglish4266]

Pehle dhim dham se swagat bad me hum hum hum 😁

[@sujalajmera]

Where is the option analysis or open opeb interest analysis?

[@SAMCOSecuritiesIndia]

Kindly check the below link for reference:- Option Chain Analysis - kzbin.info/www/bejne/eprZZ2SKn56AnpY Open Interest Trading Strategy | How to Use Open Interest? - kzbin.info/www/bejne/emfQlZakZduJrtU

[@bcdb2058]

apporva sir is dont like answering her constant questions !!! :))))

[@Avneet-y5u]

Sab course bachne ko Lage ha

[@sumitkhandelwal100]

let us all back test her stratergy,then we should remark.but honestly.

[@CHILLMACHHACHILL]

Ye session me Apoorva ki halat kafi kharab hu :D