Options chain is one of the trickiest to read bt 90% trader Fail to read hidden alpha into this here we made options probability model based on butterfly method in option chain here is list of stock as per strong bullish strong bearish and trend reversal probability
@Pankaj_ji_Mwale Sensex : if price move towards 73000-74000 expect increased vol during to long gamma hedging
If price drop below 72000 vol might reduce as sell gamma dominates
Nifty: if nifty moves towards 21800-22000 vol can rise due to gamma hedging from long options
@Pankaj_ji_Mwale For sensex buy gamma dominates around 73000-74000 suggesting traders long options are positioned in this range
Nifty - buy gamma concentrated around 21800-22000 and sell gamma appears stronger at slightly lower levels this suggest if 21800-22000 hedging activity drives price