Need guidance on Open Interest

#1
Hi All !

I've some questions regarding Open Interest.The questions are :-

1) Which figure of O.I. to be given more importance? Absolute figure in Lakhs or % change? This is because,when I saw the Data yesterday,then Abosolut figure was highe fr 5300 PE,while % change was highest for 5400 PE.

2) How to understand the change with respect to Volatility?

3) Where can I get the daily data of Implied volatility? Can I prepare the Excel Sheet,so that i can draw he graph also.

Waiting for reply from the experts.

Thanks & Regards,
Mandar Datye.
 

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