the key to the code of operators

futures is based on spot

options is based on futures.

futures does what spot does.

but strangely,

option generally does opposit to what futures does.

there are many reasons for this

1. mass traders use options to speculate. (which operators don't let happen so easily unless it suits them)

2. mass traders use options to hedge (hence opposite movement)

3. smart traders use opposite options to straddle and strangle (having no net movement w.r.t. futures)

4. mass traders use options to take premature trend reversal positions (which generally don't happen)

increase of open interest in futures means acceleration of the trend of futures.

but increase of open interest in options (irrespective of put or call) doesn't necessarily mean acceleration of
the trend of options but increase in trend of futures.

vice versa for decrease of open interest.

like every mirror image

option is same as futures

but opposite!

this is the key to the cracking the code of operators.