OI Spurts in Options Analytics highlights option strikes that are showing a sudden and significant increase in Open Interest (OI) over a selected time interval. This view helps you quickly identify unusual or fresh activity in specific strikes of the chosen underlying and expiry.
You can also place trades directly from this screen. This feature is available on FYERS Web and the FYERS App.
What does OI Spurts show?
OI Spurts displays option strikes of the selected underlying and expiry where Open Interest or option premium has increased sharply compared to recent activity.
The data is presented under two views:
- Gainers by OI – strikes with a strong increase in Open Interest
- Gainers by premium – strikes with a sharp increase in option price (premium)
Each strike row shows key details such as:
- Strike (Call / Put)
- Price and price change
- Total Open Interest
- Change in OI for the selected interval
- Volume
Only strikes that meet internal significance criteria appear in OI Spurts.
How to use OI Spurts
You can use OI Spurts to:
- Identify where fresh positions may be getting added
- Spot sudden interest in specific option strikes
- Compare activity across Call (CE) and Put (PE) options
- Monitor short-term shifts in market focus
This view is best used as a scanning tool. Once a strike is identified, you can drill deeper using the Option chain or Market depth.
How to access OI Spurts
On FYERS Web
- Go to Options
- Select Analytics
- Under OI statistics, click OI Spurts
- Choose the Underlying, Expiry, and Interval
On FYERS App
- Go to Options
- Tap Analytics
- Under OI statistics, tap OI Spurts
- Choose the Underlying, Expiry, and Interval
How to place trades from OI Spurts
From any strike row, you can:
- Tap or click B to place a Buy order
- Tap or click S to place a Sell order
You can also use the three-dot (⋮) menu on a strike row to access:
- Option chain
- Market depth
- Other available actions such as watchlist or basket options (depending on the platform)
Example
If a NIFTY option strike shows a sudden increase in Open Interest during the selected interval, it will appear under Gainers by OI in OI Spurts.
Important notes
- OI Spurts shows only strikes with notable Open Interest or premium increases. Not all strikes will appear.
- The list can change quickly as market activity evolves.
- Appearance in OI Spurts does not indicate market direction or a trade recommendation.
- Always review price, volume, and market depth before placing trades.
Last updated: 26 Dec 2025