DEC.4 dec-series day.4 NIFTY=6161 (-41)
The EXPECTED zone is at (6000~6300) for FOURTH day.
Total strikes in CALL window: 8+0 (penny)[Prev:8+0 (penny)]
Total strikes in PUT window : 8+4 (penny)[Prev:9+3 (penny)]
Average Open Interest (Today) as shown ... CALL side: 326K [Prev:371 K]
Average Open Interest (Today) as shown..-.. PUT side: 285K [Prev:330 K]
(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)
Bold letters indicate Open Interest over 500k.
Current position is indicated.
Another Premium eating day.
Upto 1130 both CALLs and PUTs ,moved in downward direction.
Before election results ,nobody is taking huge positions ,indicating nervous nature
of market.
Last hour saw a big dip, resulted in erosion of CALL premium.But same amount of
PUT addition was not seen.