Wednesday, February 3, 2010

OI for 3rd Feb- Intra update


A quick intra day update at 12.45 pm to discuss the positions taken by smart money.

IMO, the move from yesterday's lows is not over yet.

Notice the declining OI ( in yellow) of the call writers and the increasing OI of the put writers.

There is a good chance we will see 4980-90 later today.

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