Hi Traders,
Today , Nifty made a high of 5136 in the morning session but could not sustain the high.fallen below 5100 to 5080 in the morning itself. In the afternoon session, recovered and made a dash to 5120 levels. Again, these levels are not sustained,Nifty has fallen below 5100 and closed around 5075 level.
here is Nifty Option Chain of 13th Oct 11(Thurs).
Interestingly, there is no reduction in the Open Interest and OI Addition at Near money calls and puts.4900,5000,5100 Puts and 5100,5200,5300 calls have seen build up. If both call and put writers at these strikes are optimistic about their positions ,it may be interesting tug of war.May also contribute to volatile sessions ahead.
No comments:
Post a Comment