Modified OIPCR Identified 12 Gains Clocked By HEROMOTOCO

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Register Option Symposium • 27th 28th January 2024 • BSE International Convention Hall • Mumbai • Link: https://www.quantsapp.com/learn/optio... • Get 20+ Free Option Trading Tools • Signup here: https://web.quantsapp.com/?s=y • Download App: https://app.quantsapp.com/sr • In this video, we discuss an approach to spotting that good move in the futures of an underlying, which could be an index in Indian stock markets, like Nifty, BankNifty or any NSE: F O segment stock. The methodology or approach used is the modified open interest put-call ratio, also denoted as OIPCR(M). • Before we dive into OI-PCR and its modified counterpart, it's crucial to grasp the concept of open interest. Open interest represents the total number of outstanding options contracts for a specific security. It's an essential metric in options trading, as it helps traders gauge market sentiment and potential price movements. • OI-PCR, or Open Interest Put-Call Ratio, is a powerful indicator used by options traders. It's calculated by dividing the open interest of put options by the open interest of call options. • OI PCR compares the number of open put options to open call options. • OI PCR = Open Interest of Put Options / Open Interest of Call Options. • An increasing OI PCR suggests more Puts are being sold than Calls, indicating a Bullish move. A decreasing OI PCR suggests more Calls are being sold than Puts, indicating a Bearish move. • At Quantsapp, its our constant endeavour to equip retail option and derivative traders in India with analytics which are simplified for ease of use; yet, effective and efficient in options trading strategy formulation. The formulation of OIPCR(M) which is a more effective and nuanced approach to derivative trading and spotting effective directional cues for the short term, was thought of and learn about it in this video. • Quantsapp enables use of derivative data in a more effective manner helping derivative traders in Indian stock markets to be data driven, than rely on gut feel. • Be a data-driven trader! • In this video: • 00:00 Introduction to Empirical observation in NSE: HEROMOTOCO • 00:20 Definition and introduction to Open Interest Put- Call Ratio (OI-PCR) • 01:05 Modified Put Call Ratio: OIPCR(M) • 03:18 Quantsapp’s answer and tool to OIPCR(M) • 03:48 NSE: HEROMOTOCO – Characteristics of OIPCR(M) • 05:48 How OIPCR(M) can be a trading enabler? • 06:35 NSE: HEROMOTOCO – The empirical case study • 07:25 Closing remarks • Register Option Symposium • 27th 28th January 2024 • BSE International Convention Hall • Mumbai • Link: https://www.quantsapp.com/learn/optio... • Get 20+ Free Option Trading Tools • Signup here: https://web.quantsapp.com/?s=y • Download App: https://app.quantsapp.com/sr • #heromotocorp #heromotocorplimited #nse #optionstrading #nifty #futuresandoptions #intraday #optionstrategies #stockmarketindia #tradingtips #intradaytradingstrategies

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