Still 5400PE Nifty option strike price holds higher open interest among the various strike prices. Put writers are still under the bullish ray of hope.
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Still 5400PE Nifty option strike price holds higher open interest among the various strike prices. Put writers are still under the bullish ray of hope.
please post ichi 90M, 60M MotiveWave chart
hi rajendran ,
it can be also an buying of 5400 put , since OI can’t be always writers job ,
i do understandmost times its writers , but not always true sometimes buyer is also present
Reason is
I saw few days back 5400 put was heavy OI ,
may be it was writing and now it is covering ?
could you justify how sure r u if its writers
oops sorry its 7th feb post , i taught its 11th feb post
However you can justify how sure are you of writers or buyers by just seeing OI ?