I came across something that reads...
"The Nifty call options added 31.77 lakh shares in open interest, whereas the Nifty put options added 2.15 lakh shares in open interest."
What can you interpret from the above statement? I am not certain if this signals bullish or bearish for what matters is were these options in the money or out of the money?
i.e. if Nifty is at 5600, call options are below 5600 then most people are bearish, if call options are for 5800 then most people are bullish. Same for put, but how do I interpret this statement?
Second, the provider says this info is as per NSE data, any clue on where can we get this information on NSE site? & can we get it on live basis?
Thanks.
"The Nifty call options added 31.77 lakh shares in open interest, whereas the Nifty put options added 2.15 lakh shares in open interest."
What can you interpret from the above statement? I am not certain if this signals bullish or bearish for what matters is were these options in the money or out of the money?
i.e. if Nifty is at 5600, call options are below 5600 then most people are bearish, if call options are for 5800 then most people are bullish. Same for put, but how do I interpret this statement?
Second, the provider says this info is as per NSE data, any clue on where can we get this information on NSE site? & can we get it on live basis?
Thanks.