not much change in position
looking at the data it seems that, they have rolled-over their positions
and next bank-nifty weekly expiry shows a strong resistance being build up @26000 and support @25500
Yha
congratulation.
10500 put writer are strong hand because even at sharp fall from 10500 after 3:00 pm
there are not unwinding their contracts.
lets see tomorrow how contract is created?
see the resistance of 10500 in option chain
Both call put writer are strong hands.
Both high in OI.
That time I got confused about direction of market.
Didn’t know who will square of position.
At the end,none of them square off.both group earned thetha.(time value)
So bound range at expiry.
Neither stop loss hit nor target profit.
Even not breakeven Price.
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yes 10400 support and 10500 resistance
i think a minor correction then again a high
CHECK CHANGE IN OI ON BOTH CALL AND PUT SIDE.
No one square off and got time value of options.
i was hoping only one side get high CHANGE IN OI like most expiry.
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in a range bound market, they just let it to expire itself, just not letting market break the range
premium eating game
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Yha right
heavy put writers @ 10400 and 10500.
10400 strong support.
people are pushing markets to cross 10500.
10500 OI is problem.still some of them covered positions.
i don’t think today it gonna do something,
bank-nifty is looking set to give a good movement next week
Its Friday effect…Hopefully on Monday you may see breakout above 10500
dear, i do only bank-nifty.
if not on monday, tuesday i see good run in bank-nifty, up or down
ioc facing very good support, if 3.15 candle close above 410.5, it can show a rally in two-three days, as per me.
Bro you assumption OI based or its a technical analysis.
TF in IPC…15 min or 1H
it’s ioc not ipc
time frame for stocks i take 1 hr and purely technical.
stocks i am learning myself, so don’t consider it recommendation
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so it closed, now let’s see what happens
Oh sorry typing mistake…Me also try to learning,
That’s why joined this plateform… Trying to gain knowledge.
Don’t worry will not take a trade in IOC (on a lighter note)
22 dec
main change was call shorts were converted to call longs,
these could be nifty calls