OI Buildup — Genuine vs Fake Moves
Every candle, options are written by "smart money" — call writers build resistance above, put writers build support below. Charteq reads this live and colours each candle by what the writers actually did: asli (genuine) vs nakli (fake) up/down moves, short covering, long unwinding, and call/put squeezes.
This is order-flow for option writers — it makes the invisible positioning behind a price move visible. Pure data, no advice.
Asli vs Nakli (genuine vs fake)
A green candle is not automatically bullish. If price rises while calls are being written (resistance built), the move may be "nakli" (fake) — being sold into. If price rises on put writing (support built), it is "asli" (genuine). Charteq classifies each candle from the price change and the call/put OI change together.
Squeezes
When price keeps rising through heavy call writing, those writers get trapped and must cover — a call squeeze (bullish continuation). The mirror on the downside is a put squeeze. Charteq flags these using the candle's close position, so a strong close through writing reads as a squeeze, not a fake.
FAQ
What is OI buildup?
The change in option open interest that accompanies a price move — it reveals whether writers are building resistance (call writing) or support (put writing), and whether existing positions are being covered or unwound.
What does asli vs nakli teji mean?
"Asli teji" is a genuine up-move backed by fresh put writing (support). "Nakli teji" is a fake up-move where calls are being written into it (resistance) — it may fail. Charteq labels each candle so you can tell them apart.
How is a call squeeze different from resistance?
Both have call writing on an up-move. If price closes weak (rejection), it is resistance/nakli. If price closes strong (through the writing), the writers are trapped and must cover — a bullish call squeeze. Charteq uses the candle's close position to decide.