open intrest % strategy in option

[mmohanar]

Dear seniors,
I'm new to f&o trading iam trading in margin trading daily. I want to learn trading in option.
I have read somewhere that one strategy that's open intrest strategy.

We will discuss here.

Strategy :

Market open after 15mins we have to find the open intrest % in both call &put options in specific strike price. If call option open intrest %bigger than put option then have to buy call option. If put option open intrest % bigger than call option then have to buy put option. This is strategy. Is it work?.
Anybody tried this strategy? What is the success %
Tell me seniors.

Regards
Mmohanar

 

[test123]

well best advice for beginners is back test your plan.
write in paper ... paper trade.. lock in box then when u want to sell open paper compare price .

And there u would know if u was right or wrong. upon successful trading from next month trade live with 2-5 lot and lets see...

i always say "options are for looser only 10 in 100000 normal traders would ever make profits".shhhh i think i am the 10th guy lol