Apr.20 APR-Series.14 Nifty=8448 (-158) VIX=16.30 PCR=0.90
PCR of Open Interest is plotted.
VIX is on Primary axis.
PCR is on Secondary axis.
AVG= monthly average of the current Series.
Expected Zone has expanded DOWNWARDS to
(8700~8500) from (8800~8600).
Current position has moved DOWN to
8450. (Previous: 8600)
Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any).
The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.
4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.
The Option chain of April Series ,based today's open interest looked like this :
Looks like PUTS are over-priced.