Nifty and Nifty Bank option trading strategy for November series

Nifty rollovers seen at 76% this series, in line with the previous month, but below the 3 months average, and as per option chain analysis the monthly expiry PE writers are active at 17000CE – overall 60 thousand contracts, followed by 17500PE – highest fresh additions of 8 thousand contracts seen. CE writers make their way at 18000CE/19000/19500 strikes – overall over 30 thousand contracts each, with max fresh exposure seen at 19500CE as well.