- highest open interest remains at 8000 PE
- this is inspite of huge covering of positions in past few days
- next highest OI is at 8300 CE
- today there was a drop in open interest in 8200 CE, 8300 CE and 8000 PE options.
- this may mean that some traders may expect 8000 to break and some expect a sharp pullback from here.
Incidentally, next month (JAN series), OI is highest at 8000 PE and is NOT decreasing.
- this is inspite of huge covering of positions in past few days
- next highest OI is at 8300 CE
- today there was a drop in open interest in 8200 CE, 8300 CE and 8000 PE options.
- this may mean that some traders may expect 8000 to break and some expect a sharp pullback from here.
Incidentally, next month (JAN series), OI is highest at 8000 PE and is NOT decreasing.
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