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Open in appSwing Scanner with Trap Indicator and Modified PCR (Tamil)
When the price crosses a strike with very high call open interest, call writers may be trapped and unwind or roll their positions, which can push the call premium up quickly and is read as bullish. The reverse applies to put writers.
This lesson shows Quantsapp's Trap Indicator, which scans Nifty, BankNifty and F&O stocks for these traps, and then the Modified OI-PCR, a variant of the put call ratio for reading sentiment. It explains how the two together are used as a scanner for swing trades.
What you’ll learn
✓How call and put writers get trapped
✓Scanning with the Trap Indicator
✓What the Modified OI-PCR shows
✓Combining both for swing trade ideas
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 →