Nifty Open Interest Analysis

[jamit_05]

For June Expiry 6000 PE has already gathered 57L OI. However, CE side is not as strong.

In short, currently Spot is near 6000 Levels. A bounce is likely.

 

[jamit_05]

5900 PE and 6200 CE are SPs to mark.

Will, probably, short a small quantity of the strangle near Spot 6050.

 

[jamit_05]

GMT,

There are a very few people who are using option spreads. At the moment, I believe, you are one of them.

So please post your trade here. Readers will get the benefit of learning vicariously.

Regards.

 

[spkreddy]

5900 pe above 70L so can we expect 5900 bottom

 

[jamit_05]

5900 PE and 6200 CE are SPs to mark.

Will, probably, short a small quantity of the strangle near Spot 6050.

Been assuming that for a while

 

[manojborle]

6000 ce @ 89 lakhs and reducing
5900 ce @ 79 lakhs and reducing
5700 pe @ 84 lakhs and increasing
and 5800 pe @ 72 lakhs and increasing

What we can interpret from this ?

 

[jamit_05]

6000 ce @ 89 lakhs and reducing
5900 ce @ 79 lakhs and reducing
5700 pe @ 84 lakhs and increasing
and 5800 pe @ 72 lakhs and increasing

What we can interpret from this ?

60/57 is the expiry range for the month. A safe bet.

 

[sridhar]

Have been actively following, and doing a couple of trades, in the expiry week.

Now I have question:-

In 5600PE there has been, upto 14:45 hrs, an increase in OI of approx 5.4million. LTP was Rs. 1.3 when I checked the figures. Now I can understand the Option writer trying to make a few bucks (from 19 to zero means a profit of 19 Rs. in a day!!). I cannot understand what is there in it for the counter-party who buys the Option. Can anyone throw light on possible explanations for this?

Thanks in advance.

 

[timepass]

Have been actively following, and doing a couple of trades, in the expiry week.

Now I have question:-

In 5600PE there has been, upto 14:45 hrs, an increase in OI of approx 5.4million. LTP was Rs. 1.3 when I checked the figures. Now I can understand the Option writer trying to make a few bucks (from 19 to zero means a profit of 19 Rs. in a day!!). I cannot understand what is there in it for the counter-party who buys the Option. Can anyone throw light on possible explanations for this?

Thanks in advance.

Maybe the traders who sold it at 100Rs. earlier in the series.

 

[moody_man]

that would not lead to an increase in OI timepass...to answer shridhar's question tht could possible be someone who bought it at the opening or someone playing cal spreadz or some punter(s) trying to predict mkt will dip below 5600 !!!