Options Chain - Writer number

Hi,

How do you know that there are more writers than buyers from Option Chain ?

Like in this link https://www1.nseindia.com/live_market/dynaContent/live_watch/option_chain/optionDates.jsp?symbol=NIFTY&instrument=OPTIDX&strike=7400.00

Any pointers would be appreciated.

For every buyer there should be seller and vice-versa. So if Open Interest of 5 means 5 buyers and 5 sellers. One cannot say anything about only option writers from option chain.

To know more about this and to know about using of option chain go through the below links.

http://zerodha.com/varsity/chapter/open-interest/
http://tradingqna.com/29615/open-interest-and-voloume?show=29615#q29615

Hi Siva, Thanks for your reply. I am aware of this fact.
I have seen in TV (CNBC) that they tell that we have more writers (like in case of 9th March they told @ 7400 PUT writing is more ). How do they get this data ?

First go through the above links in detail. Always watch for open interest along with change in OI, volume and price changes in combination to get some view on options.