Hi Nitin Ji,
I’m always stay confusion state, where short covering happening in call side by retailer in in the money(ITM) and out of the money(OTM) segment by call writer.
Same way in put side, when put writer are active in ITM &OTM I can analysis by looking option chain on daily basis. Please consider my this question in Q&A section and explain the option chain for each case.
Thanks and Regards,
Parshav