Oi2Oi Stocks: OI to OI Support and Resistance

What is an OI to OI trade?

The strike with the highest put open interest acts as a floor and the strike with the highest call OI acts as a ceiling. An Oi2Oi trade uses those two strikes as the range: enter near one, target the other. The screener finds stocks where price is at one end of that range and the range itself looks clean.

How does a stock get on the Oi2Oi list?

For the Support column, all of these must be true on the latest chain reading:

• Price is very close to the reversal price at the support strike (the S/R Stocks test).
• Support is the strike with the highest put OI.
• The highest call OI strike and the highest call OI change strike are both above support, and the highest put OI change strike is at or above it.
• At the support strike, put OI is not much weaker than call OI.
• No second put strike comes close to the top put OI, so put OI is concentrated at one strike.

And the Resistance column?

It is the mirror. Price is at the resistance reversal price, resistance is the highest call OI strike, the highest put OI and put OI change strikes are below it, the highest call OI change strike is at or below it, put OI at the resistance strike is not much stronger than call OI, and no second call strike comes close to the top call OI, so call OI is concentrated at one strike.

How often does Oi2Oi refresh?

Every 10 seconds while the page is open and visible. A stock is added to the same column at most once every 10 minutes, and repeats are grouped under one row with a ×N badge.

How do I plan an Oi2Oi trade?

1. Open Oi2Oi Stocks from the Stock Screener menu.
2. Pick a fresh row in Support (long idea) or Resistance (short idea).
3. Tap Live to open the option chain. Note the max put OI strike and the max call OI strike: that is your range. For example, ICICIBANK at 1,201 with max put OI at 1,200 and max call OI at 1,240 gives you roughly 40 points of room.
4. Tap the Support or Resistance cell in the chain header to open the Oi2Oi Max OI CE & PE chart and check that both strikes have held steady through the day.
5. If the room to the other end is small compared with your stop, skip it. Otherwise set your stop beyond the level, size the trade and place it with your broker.

12345

What are the limits?

Oi2Oi Stocks is analysis, not a buy or sell recommendation. It needs AOC Pro; see pricing.

• The max OI strikes can shift during the day. If the call side moves down, your target moves with it.
• The screener does not give a target or stop-loss and does not tell you the trade worked.
• Concentrated OI can still be unwound quickly near expiry.
• Rows stay on the list for the day even after the setup changes.