Re: MARCH series-Day20 ,NiftySpot:5278 (50)
Why is data different than NSE Option Chain. For example : 5400 CE Does not show -ve OI in NSE Site while it shows in above picture ...
The EXPIRY zone ,has shifted to 5100~5400 from(5000~5400) due to rise
in Nifty.It seems the UPPER range is somewhat is fixed if there is no major
fall like yesterday (-137 points).
Though OI tends to lose it's significance as Expiry approaches, 5100PE and
5200PE added more than 1M during the day , may be due to LOW price.
Both 5400CE and 5100CE shed OI in this zone.
OI outside this zone can be forgotten conveniently for 2 reasons.
1.Outside this zone options are PENNY, hence accumulation is very high.
2.There are hardly 3 days left for Expiry and the chances of violent move-
ments have become SLIM.
in Nifty.It seems the UPPER range is somewhat is fixed if there is no major
fall like yesterday (-137 points).
Though OI tends to lose it's significance as Expiry approaches, 5100PE and
5200PE added more than 1M during the day , may be due to LOW price.
Both 5400CE and 5100CE shed OI in this zone.
OI outside this zone can be forgotten conveniently for 2 reasons.
1.Outside this zone options are PENNY, hence accumulation is very high.
2.There are hardly 3 days left for Expiry and the chances of violent move-
ments have become SLIM.