Comment on Open Interest, MaxPain & Put Call Ratio(PCR)
commented on
25 Jul 2014, 12:20 PM
Hi Nithin,
Can you please explain what is considered as a good daily % change in Open Interest for Nifty Index Options/Futures?? As i read in an earlier post, even a 5% change in OI of an option in a day is not treated as considerable positive change to infer a strong sentiment. Please explain why?? And also if possible can you please define some range for inference. eg. 3-10% change in OI in a day is high but suggests a fairly strong sentiment, above 10% is very high and means a very strong sentiment, below 3% is low change and may not be considered much to infer a strong sentiment. Waiting to hear from you. Thanks