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Open in appReading Market Sentiment from Price Action and Options OI
This video looks at two free indicators: price action and options open interest. Read together, they show the sentiment in an index such as Nifty or BankNifty, or in an F&O stock, over a chosen slice of time.
The sentiment is weighed across selected calls and puts to arrive at a reading, which shows how power is shifting between bulls and bears and helps traders understand the psychology behind a move.
What you’ll learn
✓Price action and options OI as indicators
✓Weighing sentiment across calls and puts
✓Seeing the shift between bulls and bears
✓Applying it to Nifty, BankNifty and stocks
Read and practise
SPEAKERVigneshwar IyerTrainer, Quantsapp
5+ years of market experience, mentored several people in options trading. Sound understanding of the concept of demand and supply zones using option strategies.
All 130 videos by Vigneshwar →