Is the Open Interest received from kite connect is given in "Number of Lots" or "Quantity"?
Asking because eg if I have to place a sell order for FINNIFTY option, there is a restriction for MIS orders that the open interest should be minimum 500 lots, ie. 20000 quantity.
So, in order to validate that condition, which is correct: [OI from kite connect] > 500 or [OI from kite connect] > 20000