Option Chain Data Analysis, Very Important

I have four questions to ask indicating the 4 circles on this above image :-
Question are as follows :-

Question for Circle no. 1 - what is the meaning of positive change of open interest in Call Side? Is that mean fresh buy, fresh sell , short covering or something else? please reply specifically.

Question for Circle no. 2 - what is the meaning of negetive change of open interest in Call Side? Is that mean fresh buy, fresh sell , short covering or something else? please reply specifically.

Question for Circle no. 3 - what is the meaning of negetive change of open interest in Put Side? Is that mean fresh buy, fresh sell , short covering or something else? please reply specifically.

Question for Circle no. 4 - what is the meaning of positive change of open interest in Put Side? Is that mean fresh buy, fresh sell , short covering or something else? please reply specifically.

Thank you,

All your questions are pretty elementary and you can get the answer yourself by reading varsity.

If OI is increasing there are both buyer and seller and in options world there is an underlying understanding that sellers are ‘Smart Money’. So here you can say call writing is happening.

Whenever you see OI decreasing it means both buyers and sellers are squaring off there positions.In this case it doesn’t means short covering in any other case decrease in call OI means short covering here the writers of OTM calls are shifting to ITM calls.

As explained earlier fall in OI means both sellers and buyers are squaring off there positions.In this particular case it is long unwinding.

You can’t say here that anything is happening with an OI of 4 contracts. But if you see OI increasing in deep ITM puts it means that underlying is ready to move up.

Thank you, sir for your prompt reply.