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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