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Nifty (my favorite trading index) is dangling near 10500.
NIFTY 25-Jan-18 CE 10,600.00 has the Highest Open Interest – 13% increase.
Its quite strange that NIFTY 25-Jan-18 PE 9,000.00 has the Highest Open Interest in Nifty Puts.
Most High Open Interest are in Nifty Calls only.
Traders have a strong view of Bullish Markets.
It looks like buyers think Nifty will break out 10600, and sellers think it will not. Therefore 10600 has the highest Open Interest.
What does it mean?
It means – (will be told to my paid subscribers only of my option course). Free subscribers DO NOT get emails sent to my paid subscribers.
Trust me I am not one of those who will not pick your phone or reply to your whatsapp/emails after you pay. Once you pay its MY JOB to make sure you get 100 times more than what you pay me else I will NOT BE happy with myself.
Course fee details are here.
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