Watch in the Quantsapp appFree. The full video library, your progress, and Trap Indicator live with market data.
Open in appPositional Signals: Trap Indicator and Modified PCR (Tamil)
Also in Tamil (another version)
When the price crosses a strike with very high call open interest, call writers may be trapped and start unwinding, which can push the call premium up and is read as a bullish signal; put writer traps work the other way. Quantsapp's Trap Indicator scans Nifty, BankNifty and F&O stocks for these setups.
The second part explains the Modified OI-PCR, a refined put-call ratio for reading sentiment. The lesson then combines the Trap Indicator and Modified PCR to generate a positional trading signal.
What you’ll learn
✓How option writers get trapped
✓Call writer trap as bullish, put writer trap as bearish
✓The Modified OI-PCR
✓Combining both into a positional signal
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 →