PUT and CALL options

[columbus]

DEC.2 Dec-Series.6 FRI Nifty=8087 PCR (OI)=1.14

Series           May.16   Jun.16   Jul.16  Aug.16  Sep.16  Oct.16  Nov.16
Average nifty    ----     8188     8498    8632    8772    8667     8294
Average PCR      0.89     1.23     1.14    0.91    1.24    1.07     0.82
Nifty Close      8070     8288     8666    8592    8591    8615     7965

Nifty
====
Nifty is on Primary axis.
PCR (OI) & PCR (volume) are on Secondary axis.
AVG= Average of the current Series.



PCR
===
Generally, a lower reading (0.6 approximately) of the ratio reflects a bullish sentiment among investors as they buy
more calls, anticipating an uptrend. Conversely, a higher reading (1.20 approximately) of the ratio indicates a bearish
sentiment in the market. However, the ratio is considered to be a contrarian indicator, so that an extreme
reading above 1.0 is actually a bullish signal, and vice versa.....wikipedia

VIX
===
VIX has inverse relation to market.High value when market is down ,Low value when market is up.



Expected zone of NIFTY as per today's Open Interest is as follows is:
(8300~8000) .
open interest less than 1.9 Million (Approx.)(Total-OI) is uncoloured.

Current strike of Nifty is 8100 .

White letters on Dark back ground indicate Options with Price less than Rs.20.
White letters on Grey back ground indicate Options with Price Between Rs.20~30. (if any)


Open Interest (Today) over 5 Lakhs shown in WHITE letters with black background . (If any)
Open Interest (Today) less than -5 Lakhs is in WHITE letters with green background . (If any)

The bars in PRICE and IMP.VOL are plotted ,taking into account both CALL and PUT strikes.

6 CALL strikes and 9 PUT strikes are taken for study.

Up-coming important events 
==========================

dec.7    wed   RBI interest decision
dec.11   sun   IIP (oct)
dec.14   wed   Inflation
dec.15   thrus FED rate decision

HOLIDAYS
========

The option chain of Dec.2016 based on today's OI looked like this :

India’s GDP (Gross Domestic Product) for the second quarter of FY17 grew at 7.3% versus 7.1% quarter-on-quarter and 7.6% year-on-year.

 

[columbus]

DEC.9 Dec-Series.11 FRI Nifty=8262 PCR (OI)=1.24

Series           May.16   Jun.16   Jul.16  Aug.16  Sep.16  Oct.16  Nov.16
Average nifty    ----     8188     8498    8632    8772    8667     8294
Average PCR      0.89     1.23     1.14    0.91    1.24    1.07     0.82
Nifty Close      8070     8288     8666    8592    8591    8615     7965

Nifty
====
Nifty is on Primary axis.
PCR (OI) & PCR (volume) are on Secondary axis.
AVG= Average of the current Series.



PCR
===
Generally, a lower reading (0.6 approximately) of the ratio reflects a bullish sentiment among investors as they buy
more calls, anticipating an uptrend. Conversely, a higher reading (1.20 approximately) of the ratio indicates a bearish
sentiment in the market. However, the ratio is considered to be a contrarian indicator, so that an extreme
reading above 1.0 is actually a bullish signal, and vice versa.....wikipedia

VIX
===
VIX has inverse relation to market.High value when market is down ,Low value when market is up.



Expected zone of NIFTY as per today's Open Interest is as follows is:
(8300~8100) from (8300~8000) .
open interest less than 1.8 Million (Approx.)(Total-OI) is uncoloured.

Current strike of Nifty is 8250 from 8100 .

White letters on Dark back ground indicate Options with Price less than Rs.20.
White letters on Grey back ground indicate Options with Price Between Rs.20~30. (if any)


Open Interest (Today) over 5 Lakhs shown in WHITE letters with black background . (If any)
Open Interest (Today) less than -5 Lakhs is in WHITE letters with green background . (If any)

The bars in PRICE and IMP.VOL are plotted ,taking into account both CALL and PUT strikes.

4 CALL strikes and 4 PUT strikes are taken for study.

Up-coming important events 
==========================



dec.14   wed   Inflation
dec.15   thrus FED rate decision

HOLIDAYS
========

The option chain of Dec.2016 based on today's OI looked like this :

RBI surprised everybody by keeping the rates UNCHANGED.

 

[columbus]

The Index of Industrial Production (IIP) for October 2016 came in at -1.9%
October IIP at -1.9% (Industrial output grew 0.7 per cent in September )

Consumer Goods Output at -1.6% Vs 6% (MoM)
Consumer Durables at 0.2% Vs 14% (MoM)
Consumer Non-durable Output at -3% Vs 0.1% (MoM)
Basic Goods Output At 4.1% Vs 4% (MoM)
Capital Goods at -25.9% Vs -21.6% (MoM)
Intermediate Goods Output at 2.9% Vs 2.2% (MoM)
Mining Sector Output at -1.1% Vs -3.1% (MoM)
Manufacturing Output at -2.4% Vs 0.9% (MoM)
Electricity Output at 1.1% Vs 2.4% (MoM)

Source: Sharekhan

 

[columbus]

India’s retail inflation rate slowed sharply to 3.63 percent in November from October’s 4.2 percent, mirroring weak demand as households and companies, hit by demonetisation, have put off spending and investment.

 

[columbus]

The Fed surprised markets by forecasting three interest rate hikes next year, and that number could increase even more once President-elect Donald Trump takes office.

The Fed Wednesday raised rates for the second time in 10 years, boosting their short-term interest rate target by a quarter point to 0.50 to 0.75 percent.

In forecasts released after its meeting, Fed officials also indicated that they could hike the fed funds target rate three times next year, instead of the two quarter-point increases previously forecast for next year. They also raised the forecast for future years to three hikes in both 2018 and 2019.



Source:CNBC.com

 

[columbus]

DEC.20 Dec-Series.18 TUES Nifty=8082 PCR (OI)=1.03

 

[columbus]

DEC.23 Dec-Series.20 FRI Nifty=7986 PCR (OI)=0.94

Series           May.16   Jun.16   Jul.16  Aug.16  Sep.16  Oct.16  Nov.16
Average nifty    ----     8188     8498    8632    8772    8667     8294
Average PCR      0.89     1.23     1.14    0.91    1.24    1.07     0.82
Nifty Close      8070     8288     8666    8592    8591    8615     7965

Nifty
====
Nifty is on Primary axis.
PCR (OI) & PCR (volume) are on Secondary axis.
AVG= Average of the current Series.



PCR
===
Generally, a lower reading (0.6 approximately) of the ratio reflects a bullish sentiment among investors as they buy
more calls, anticipating an uptrend. Conversely, a higher reading (1.20 approximately) of the ratio indicates a bearish
sentiment in the market. However, the ratio is considered to be a contrarian indicator, so that an extreme
reading above 1.0 is actually a bullish signal, and vice versa.....wikipedia

VIX
===
VIX has inverse relation to market.High value when market is down ,Low value when market is up.



Expected zone of NIFTY as per today's Open Interest is as follows :
Reduced to single strike 8000 .
open interest less than 1.0 Million (Approx.)(Total-OI) is uncoloured.

Current strike of Nifty is reduced to SINGLE strike 8000 .

White letters on Dark back ground indicate Options with Price less than Rs.10.
White letters on Grey back ground indicate Options with Price Between Rs.10~20. (if any)





2 CALL strikes and 2 PUT strikes are taken for study.

Up-coming important events 
==========================




HOLIDAYS
========

The option chain of Dec.2016 based on last trading day's OI looked like this :

 

[timepass]

8100 Put is at a discount

 

[travi]

8100 Put is at a discount

Lower level Put Strikes are building up OI. Bearish.

 

[timepass]

Lower level Put Strikes are building up OI. Bearish.

Is there price increase too ?? Didn't pay particular attention to it, but if the OI increase is with no price increase, then it could mean squaring off or something. Maybe not so bearish in this series.