OI Database Matrix Analysis

How to Read the Market Matrix Report

The report evaluates Net OI changes (+ for addition / - for unwinding) across Futures, Call Options, and Put Options for each market participant to classify market stance and intraday price behavior.

S.No Futures Call (CE) Put (PE) Market Stance Primary Setup / Strategy Intraday & Structural Price Action Behavior
1 + + - Strong Bullish Unhedged Momentum Drive Aggressive Upside: Futures bought, Call buyers driving targets, Put writers building strong floor support. High momentum breakout expected.
2 + + + Hedged Bullish Bullish Collar with Protection Upside with Safety: Bullish bias, but buying Puts against downside shocks. Sharp rallies possible, but traders hold insurance for volatility.
3 + - - Range-Bound Bullish Covered Calls / Short Strangle Consolidation / Low Vol: Strong floor from Put writers, but Call writers cap immediate upside. Steady range-bound movement with a positive tilt.
4 + - + Bearish Shift / Synthetic Hedge Classic Collar / Bearish Protection Capped / Vulnerable: Holding long futures, but buying Puts for downside and selling Calls to fund them. High squeeze risk if Call resistance breaks.
5 - - + Strong Bearish Unhedged Downside Drive Aggressive Downside: Short futures, heavy Put buying, and Call writers building strong ceiling resistance. High probability of breakdown or sharp sell-off.
6 - + + Hedged Bearish Bearish with Upside Safety Downside with Spike Insurance: Bearish bias, but buying Calls to cover risk against gap-ups or sudden short-covering rallies. Volatile downward trend.
7 - - - Range-Bound Bearish Covered Short / Range-Bound Skew Gradual Decay / Sideways Down: Call writers create overhead resistance, but Put writers limit panic selling. Low-volatility downward bias or range-bound.
8 - + - Bullish Reversal Setup Short-Covering / Bottom Formation Short-Covering / Bottoming: Smart money holds shorts, but aggressive Call buying + Put writing signals an imminent upward reversal.