Past 1-2 weeks, highest open interest has been in 8000 put meaning option writers are bullish 8000 will not break in DEC.
Yesterday, OI remained highest at 8000 put followed by 8300 call (meaning upside is limited).
Today, OI is still highest at 8000 put but there is a drop in open interest across a lot of calls and puts.
Difficult to draw any clear conclusion.
Yesterday, OI remained highest at 8000 put followed by 8300 call (meaning upside is limited).
Today, OI is still highest at 8000 put but there is a drop in open interest across a lot of calls and puts.
Difficult to draw any clear conclusion.
No comments:
Post a Comment