Market is below the max pain point.
PCR is 1.52 at the time of close, which indicates more put option- over- call option in -ATM strike.
Panic option sellers closed their positions at 33500 to 34000 put option strikes, caused a sharp move on the downside
But there are put option sellers at 32900 to 33400 Put strikes not selling which are in the money now.
We...
