Why
Open Interest
Is Importent in Trading
Open Interest analysis can provide market trend
Open interest charts indicate the direction of future market trend
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Open Interest analysis can provide
Importent Support & Resistance
Open Interest is market indicator but it should be combined with other technical
indicators
to Generate Profitable trades
Option Writers are generally market players with deeper pockets compared to option buyers
High Put-Call ratio (PCR) means bullish sentiment
Low Put-Call ratio (PCR) means bearish sentiment
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