thomas-choi
commented
1 year ago 1) top 5 strikes with weighting, e.g. sum(OI# x options price) from different expiration 2) the strikes (sorted by weighting) with the expiration chart 3) the OI of strikes should include the expiration. (need to think about the presentation of Strike, OI#, Expiration, etc)
The chart is used to look up the highest # of open interest strikes. But: 1) the options may be too slow, e.g. < 0.05 such that people buy a lot of them. 2) the expiration is too far away such that the distribution of the # of open interests may not have a relationship to the current market situation. 3) change of OI # for the past few days can help?? (displayed together with the underlying price movement)