Traders, Open Interest, MaxPain and Put Call ratio are some of the most misunderstood topics amongst beginner/amateur traders; below is our attempt to
Put–Call volume (open interest) ratio is the total volume (open interest) of put divided by total volume of call for the day. Log (Pt/Pt−1) was taken as market return, where Pt and Pt−1 are closing price of the Nifty index at t and t − 1, respectively. To control for...