Comment on Open Interest, MaxPain & Put Call Ratio(PCR)

Vivek commented on 30 Oct 2014, 11:46 PM

Hi Nithin,
Currently, in 27-Nov-2014 series
Nifty PUT option @ 8150 has huge change in OI % (% Change in Open Interest=20390.00).
Nifty CALL Option @8150 has % Change in Open Interest=70.49

If i apply the theory explained in this article,
Since the PUT has high OI change than CALL, i guess nifty wont go below 8150. Correct me if i’m wrong.

Nifty PUT option @ 8200 has % Change in Open Interest=41.89
Nifty CALL Option @8200 has % Change in Open Interest=64.86
Here, Nifty CALL has high % change of OI than PUT. Does this indicate that nifty wont reach 8200?

Thanks for a very well written article. I’m happy that i joined Zerodha.

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