Reliance, OI Resistance breakout

2018年8月28日

Bears were holding onto 1300 Call for about a month. Today they gave up. In the second half of the session, bears unwound their grip on 1300 Call and shifted their focus towards 1340 Call strike -- highest OI-- for the August series. Now we shall keep two eyes on 1340 level for next two sessions. For the September series, we shall get clarity regarding OI position on Friday.