Summary: Jun NIFTY 8000 calls added 1,459,750 contracts while 8800 calls shed 346,175. On the Put side of the equation, the 7600 strike added 861,825 while the 8000’s shed 719,025.
Our trend model indicates a SHORT on the NIFTY and LONG on the BANKNIFTY.
JUN NIFTY OI
JUN BANKNIFTY OI
JUN NIFTY Volatility
JUN BANKNIFTY Volatility
Dotted lines indicated actual underlying volatility. Solid lines are IVs.