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

Nayan commented on 28 Aug 2015, 04:37 PM

A very insightful article indeed. Totally changed my whole perception of nifty options.
Appreciate your help Nithin in this regard.

The nifty as I see on 28th September stands with high OI at the 7800 PE and 8000 PE while high OI at 8200 CE and 8500 CE. Does this mean the “intelligent participants” feel that the market would probably not fall below 8000 – 7800 and not go significantly above 8200-8500 on the upside in this series?

Would you suggest any other indicator that could be combined with PCR and OI data for trade confirmations Nithin? Thank you once again.


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