Put open interest in Nikkei 225 options has built up substantially at the ¥50,000 and ¥60,000 key levels. With the 11 September SQ settlement-price calculation approaching, market participants are discussing the possibility of speculative trading activity becoming mixed.
Put open interest in Nikkei 225 options has built up substantially at two key levels, ¥50,000 and ¥60,000. This suggests that trading activity using the “right to sell” as a means of hedging or betting on future share-price movements is becoming more widespread.
As the 11 September SQ settlement-price calculation approaches for stock index futures and options, trading related to these open positions may intensify. Market participants anticipate situations in which buying and selling puts become mixed.
The article focuses on specific figures and timing in options trading, presenting the outlook in a way that calls for readers to exercise caution about what may happen next.