HOW TO TRADE With Open Interest Analysis For Futures Trading (Option Chain Analysis)
In this Open Interest Analysis video, I have covered how to combine Futures Open Interest, Options Open Interest and Price Action together.
I have begun this video by explaining the difference between Futures Open Interest And Options Open Interest. I have also shown how Traders can get Futures Open Interest data and Options Open Interest data. Post this, I have explained which Open Interest data one has to prefer for Comprehensive Open Interest Analysis.
I have then explained how to identify Support and Resistance using Option chain analysis and then I have covered 2 Rules for taking Long trades and short trades using Open Interest Analysis and Option Chain Analysis. I have given out couple of examples on how to combine Open Interest Analysis and Option Chain Analysis together.
Towards the end of this video, I have explained the time frame for Price analysis and Futures Open Interest Analysis along with time frame for Option chain analysis. I have also given out some guidelines on Instrument selection for Futures trading and how to proceed forward in this.
In Part 3 of Futures Trading, I will be covering more details on how to combine Price Action Analysis, Open Interest Analysis and Options chain analysis together.