Option Data Analysis

Option Data Analysis

Option data has seen lot of action as bears are liquidating their positions with highest unwinding seen in 7800 Calls and also to some extent in 8000 Calls which continues to hold highest OI where as 7800 Puts has seen highest addition of OI which is nearly 20% increase, but 7500 Puts still has highest OI. This is indicating action in the money options as we are moving towards expiry and also I feel the range is getting narrower.