[Nitin Bhatia]

As we know long position can be made by buying call and selling put, in call side, oi and change in oi tells us the strike, a stock can go, but when short positions are made on put side, how to know, what strike price a stock can hit as it is going on opposite direction of the option chain.

Thank you

[Nitin Bhatia]

Normally the OTM contract with highest OI act as strong resistance. You cannot find out exactly which Strike Price will hit but can gauge based on the Support level on Price action and highest OI. I am assuming that based on your analysis you found out the direction of the stock/index.

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