Daily Stock Derivative Lens 05th November 2026 by Axis Securities Ltd
Daily Stock Derivative movements via Open Interest (OI) analysis and strike rotations
Rotation in Dominant Call Strike

Rotation in Dominant Put Strike

Highest Call Strike Added

Highest Put Strike Added

Liquidation of Highest Call Strike

Liquidation of Highest Put Strike

understand market sentiment shifts by decoding (OI) behaviour
Dominant Strike Rotation
Tracks where the highest open interest (OI) is shifting, signaling changing market expectations

Significant OI Addition/Liquidation
Tracking open interest movement but viewed from the perspective of option sellers based on the findings that institutions largely write options and have a more robust view of market action.

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Quote on Bank Nifty 05th November 2026 by Vatsal Bhuva, Technical Analyst at LKP Securities
