Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

Open Interest Sentiment

11 sec read

Finally very high open interest builtup in 5000 CE Feb seires as expected.

It symbols 5000 calls are strongly written by call writers. Which indicates
that option writers for time being considering 5000 as strong resistance point

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Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

2 Replies to “Open Interest Sentiment”

  1. Its automated. High Open Interest Indicates in a particular Strike price indicates call/put writers confidence regardless of other strike prices

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