Open Interest Repositioning around Intraday Price-structure Breaks: Evidence from NIFTY 50 Index Options
A comprehensive empirical study of whether intraday options open-interest repositioning provides advance information about structural price breaks in NIFTY 50 index options.
- Working Paper
- Not peer reviewed
- 2026
- Version v17
- NIFTY 50
- Weekly Options
- NIFTY 50
- Weekly Options
- Open Interest
- Market Microstructure
- Structural Breaks
- Event-Time Analysis
- Out-of-Sample Validation
OI repositioning is strongly associated with break direction and that association is already building before the break is confirmed — but it peaks after confirmation, and it does not convert into a robust out-of-sample predictive edge.
