Highest Call writing at 47000 strike with 13.70 Lakh Contract followed by 10.49 Lakh at 46700 Strike and maximum Put writing at 46500 strike with 13.16 Lakh Contract followed by 9.23 Lakh Put writing at 47000 strike.
It is expected Nifty F&O expiry between 46700 - 47000 level.
Contra trade can be initiated if Nifty come near 46700 or 47000 level either through Option or through Future.