Change in open interest

sachin01111

I have subscribed Kite connect API for Live data and now i want to calculate Change in oi for 10 strike price.

If any one know then plz help!!

sujith

You can use the Websockets API.

sachin01111

Plz explain sir

sujith

You need to listen to ticks and subtract the opening oi from the latest oi or previous tick's oi from the latest oi.

sachin01111

I did the same thing but not correct.

Should take total previous OI - latest

rakeshr

Should take total previous OI - latest

Yes, you need the previous day's end-of-the-day OI to calculate the net percentage change.

sachin01111

I didn't understand.

I'm getting OI tick data so now if i have to calculate Change in OI for every 5 min so what should i do .plz tell me the step wise solution

rakeshr

You need the previous day's end-of-the-day OI to calculate the net percentage change.

This is required if you are looking to calculate the day's OI change.

if i have to calculate Change in OI for every 5 min so what should i do

If you are looking for calculating OI change every 5 minutes. You need to take the previous 5 minutes OI data, and subtract current OI data from the same.