Re: todays market
Raj,
If what jamit says is true, can we look at backtesting this for options in April and see what the pattern is?.. its always difficult to recreate the Options table as they are not stored in a repository, but using query you can get OHLC, Net OI values for for any strke price... so by looking at the nifty levels before a big upsurge and using the query to return the option strike levels for 3 ITM and 3OTM we should be able to recreate what the options looked like.
I doubt if writers /market makers are casual traders and would look to create odds in their favor
Similar situation happened in April... but the longs went through the roof !
If what jamit says is true, can we look at backtesting this for options in April and see what the pattern is?.. its always difficult to recreate the Options table as they are not stored in a repository, but using query you can get OHLC, Net OI values for for any strke price... so by looking at the nifty levels before a big upsurge and using the query to return the option strike levels for 3 ITM and 3OTM we should be able to recreate what the options looked like.
I doubt if writers /market makers are casual traders and would look to create odds in their favor