Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Nifty Options – Open Interest lookup for Februrary series

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Nifty options – Februrary series started with heavy open interest builup in 5400PE(put writing) which significantly indicates that put writers are
confident of holding 5400 and reversal could be expected somewhere around the zone of 5400.

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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3 Replies to “Nifty Options – Open Interest lookup for Februrary series”

  1. hello sir,

    the heading of page says open int of feb while in chart jan is written. kindly rectify it.

  2. Hi
    Have been following your blog for sometime. you are doing a great job.

    btw I have been trying to understand this concept of OI but somehow i seem to get into more confusion the more i think about it.

    For eg, in this article, you say 5400PE (put writing). But cant this be seen in another way, as for every contract there are two parties. It’ll be great if you can explain.

    thx
    sk

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