This simple question is meant for newbie Futures Traders Only. Because Experienced or Professional Traders know how FNO mkt works and it’s very simple for them Still they can add their view.
QUESTION: There are 4 traders. Suppose Nifty Future (NF) is trading @10,450.
1st trader sold 10 lots of NF. 3rd trader sold 10 lots of NF. 2nd trader bought 10 lots and 4th trader bought 10 lots @10,450.
After the transaction… 1st trader & 2nd trader thought they are foolish Or unlucky, 3rd trader became happy and 4th trader became optimistic about his transaction.
1# How this is possible?
2# What will be the OI Change with that transaction (in lots)?