FEB.28 Mar-series day.1 NIFTY=6277 (38)
The EXPECTED ZONE is at
(6000~6300).
Total strikes with Price over Rs.TEN in CALL window: 11
Total strikes with Price over Rs.TEN in PUT window : 9
Avg Open Interest (Today) as shown ... CALL side: 533K...2CALL
Avg Open Interest (Today) as shown..-.. PUT side: 359K...6PUT
Average Implied Volatility in ZONE......CALL side : 9.71
Average Implied Volatility in ZONE.......PUT side : 15.97
(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)
Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)
Current position is indicated.
6300CE has more a MILLION in open interest.(TODAY)
6200PE and 6100PE also showed good amount of Open interest.(Today)
But PUTs (
15.97) has good Implied Volatility over CALLS (
9.71).
It is too early to take a call.Please keep in mind the above factors.