ilmscore | Prediction Details
"And if on the call side, which is the call from the perspective of the option seller, then whenever it is more there, it means the market will fall down from there. I hope you understood. It wouldn't have been too complicated. Now, the change in OI can be either plus or minus. Plus means the number of orders has increased. Sorry, the question is, when can contracts and option sellers sign when they are sure of their decision or when they gain more confidence. So whenever there is a new number at a specific strike price, for example, 37, 800, the number will increase by 20, 000."
By Trade with Purab | September 15, 2024 | Pending
From video
What is Option Chain? | L-4 Options Trading Course | Trading with Purab 00:16:35 - 00:17:15
Interpreted Prediction
A significant open interest on the call side suggests the market will fall, while a significant open interest on the put side suggests the market will rise. The change in OI can indicate increased confidence from option sellers.

Prediction Details

Topic
Nifty Support Level

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