Total Open Interest (ToI)

[sidv6867@gmail.com]

Hi, how to analyse ToI on a P&F chart? And what parameters to set - 0.1%/ 0.25% etc?
Is there a video explaining this?

I remember @AP explained Line ToI when he took the Online class (Options - The Long & Short of it) and @Raju-Ranjan explains Renko ToI in Markets Kya Lagta hai.
Is there a video explaining P&F ToI on Trade point?

Thank you,
Sid

[sidv6867@gmail.com]

Thanks a lot Sir! I will check out the video.

[Arvind Sampath-1692256045793]

Can I get the concept of TOI. How is calculated? Is it simple Put OI less Call OI? Please help with the concept note on TOI

[neha.pandey@definedge.com]

@Arvind-Sampath TOI is constructed considering Open Interest and its change for Put and Call strikes in a dynamic manner using a proprietary calculation method.

[Raj Patil-1748361102373]

Please elaborate. TOI = (Total OI of 7 (6+1) strikes of Puts - Total OI of 7 (6+1) strikes of Calls). Am I right in understanding this? As this will impact on view of the direction while taking trade, this info is will be helpful.