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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Feb Nifty Options Open Interest lookup
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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.
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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 ?