Thread on OI analysis: Call = resistance, Put = support 1/n #tradingtips #banknifty #Nifty #nifty50 #StocksToWatch #fintwit #OptionsTrading #StocksToWatch #investing101 #fintwit
Highest call OI and highest put OI are key levels both sides #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
Look at change in OI, including highest change in OI both sides to see where new support/ resistance levels are being formed #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
Premiums of ATM straddle and highest OI strangle give the range market is expecting for the expiry #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
Look at the Call/Put OI for ATM strike for market direction. Higher call OI is bearish and vice versa for put OI. Similarly, increasing call OI is bearish and vice versa #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch
Look at the implied volatilities, that also tells you of market direction. Falling market with no spike in Put IV indicates bottom forming.
Put call ratio of more than 1.3 is bullish, less than 0.5 is bearish, middle range indicates range bound market #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
Max pain is the strike with max value of put/call written. Expiry tends to happen around this strike. Though this can keep moving #nifty50 #NIFTYFUTURE #Nifty #daytrading #Sensex #NSE #tradingtips #banknifty #StockMarket #StocksToWatch #investing #NSE #stocks #StocksToBuy #forex
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