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Current Week Expiry Nifty Open Interest Distribution

* The highest Open Interest on the Call side is at the 26,000 strike, followed by 26,100 which could act as resistance levels.

* On the Put side, the highest Open Interest is at 25,700, followed by 25,500 which may serve as support levels.

* The premium for the At-the-Money option is Rs. 345, indicating a likely trading range for the week between 25,400 and 26,100.

Monthly Expiry Bank Nifty Open Interest Distribution

* The highest Open Interest on the Call side is observed at the 58,500 strike, followed by 58,000 which may act as resistance levels.

* On the Put side, the Highest Open Interest is at 58,000, followed by 57,500 which might act as support levels.

* The premium for the At-the-Money option stands at Rs. 1415, indicating a probable weekly trading range between 56,500 and 59,500.

Nifty–Volatility

Bank Nifty–Volatility

NIFTY Strategy: - Bear Put Spread.

* View: - Moderately Bearish.

* Rationale: - Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward. The strategy involves buying one lot of the 25,800 strike Put Option and simultaneously selling one lot of the 25,550 strike Put Option.

Strategy Payoff Chart

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