Comment on Basics on Options Shorting/Writing
If you are seeing OI go up on a particular strike, if you believe that option writers are usually right, that would mean that option writers don’t expect price to go above this strike in case of calls.
If you are seeing OI go up on a particular strike, if you believe that option writers are usually right, that would mean that option writers don’t expect price to go above this strike in case of calls.