What does Nifty Options' Data tell Us ?

#1
NIFTY OPTIONS' DATA ON JUNE 7, 2013 !!​

According to todays option data, In June series, Maximum open interest was build up at 6000 Jun Call Option & 6100 Jun Call Option; on the Put side, maximum open interest was build up at 5600 Jun Put Option & 5700 Jun Put Option. This show that, today, positions has shifted to lower strike prices, in case of Call Options & positions were added on to lower strike prices of Put Options. This indicates that traders are expecting more negativity in market. Maximum total open interest is still at 5900 Jun Put Option & 5800 Jun put Option. On the call side, it is on 6100 Jun Call Option; which shows the range for June series has been shifted lower i.e. from 5800 to 6100 levels, this has been observed that range is slowly shifting lower & lower . In today's session, it was seen that 5900 Jun Put Option has started reducing open interest as traders are losing their confidence on 5900 levels. For tomorrows session, 5900 will be crucial resistance level for Nifty in intraday & 6100 level will be a major resistance & on the downside, 5800 will be act as a strong support. If Nifty holds above 5900 levels, then some bounce might be seen in Monday's session. If nifty manages to break below 5800 levels then open interest might shift to lower strike prices.

 
#2
Nifty Options' change in Open Interest on June 10, 2013 !!

According to todays option data, In June series, Maximum open interest was build up at 5900 Jun Call Option & 6000 Jun Call Option; on the Put side, maximum open interest was build up at 5500 Jun Put Option. This show that, today, positions has shifted further to lower strike prices, in case of Call Options as well in case of Put Options, the range band has expanded. This indicates that traders are still having negative view for Market. Maximum total open interest is still at 5900 Jun Put Option & 5800 Jun put Option. On the call side, it is on 6100 Jun Call Option; which shows the range for June series remains same i.e. from 5800 to 6100 levels. But it is shifting to lower strike price very fast. In today's session, it was seen that 5600 Jun Put Option has reduced the maximum open interest today & on the call side 6200 call has reduce the maximum open interest. This indicates that more downside is possible. For tomorrows session for intraday 5900 & 6000 levels might act as resistance & 6100 level will be a major resistance & on the downside, 5800 will be acting as a strong support. If Nifty holds above 5900 levels then a bounce might be seen. If Nifty manages to break below 5800 levels, then open interest might shift to lower strike prices & Nifty might show more correction.

 
#4
Nifty Options' change in Open interest on June 11, 2013 !!

As per todays Nifty Options data, In June series, Maximum open interest was build up 5800 Jun Call Option; on the Put side, maximum open interest was build up at 5500 Jun Put Option. This show that, today, positions has shifted further down to lower strike prices in case of Call Options as well in case of Put Options. This indicates that traders are getting more bearish. Maximum total open interest has shifted to 5700 Jun put Option. On the call side, it is still on 6100 Jun Call Option but shifting very quickly on 6000 Jun Call Option; which shows the lower band of trading range for June series has further shifted down, now the range is defined from 5700 to 6100 levels & if nifty remains below 5800 then upper range will also shift lower. As seen today 5900 jun put has reduce the maximum open interest & on the call side 6300 jun call has reduce the maximum open interest & shifted to lower strike. In today's session, as per the movements on Derivatives front, 5800 strikes saw maximum fluctuation. Traders behavior has made 5900 a difficult level for Nifty to attain, 5800/5900 will be crucial resistance level for Nifty in intraday & 6000 level will be a major resistance. On the downside, 5700 will be acting as a strong support.

 
#5
Nifty Options' change in Open interest on June 12, 2013 !!

As per todays Nifty Options data, In June series, Maximum open interest was build up 5800 Jun Call Option; on the Put side, maximum open interest was build up at 5700 Jun Put Option. This show that, today, positions has shifted further down to lower strike prices in case of Call Options as well in case of Put Options. This indicates that traders are getting more bearish. Maximum total open interest has shifted to 5700 Jun put Option. On the call side, it has been shifted to 6000 Jun Call Option, which shows that band of trading range for June series has further shifted down, now the range is defined from 5700 to 6000 levels because nifty remained below 5800 level i.e. upper range has been shifted lower. As seen today 5900 Jun Put Option & 5500 Jun Put Option has reduce the maximum open interest & on the call side 6100 Jun Call Option has reduce the maximum open interest & shifted to lower strike. This indicates that range is becoming narrow. In today's session, as per the movements on Derivatives front, 5800 strikes saw maximum fluctuation. Traders behavior has made 5900 a difficult level for Nifty to attain, 5800/5900 will be crucial resistance level for Nifty in intraday & 6000 level will be a major resistance. On the downside, 5700 will be acting as a strong support. This indicates that Nifty might bounce for here & trade range bound there after.

 
#6
Nifty Options' change in Open Interest on June 13, 2013 !!

As per todays Nifty Options data, In June series, Maximum open interest was build-up at 5700 Jun Call Option & 5900 Jun Call Option; on the Put side, maximum open interest was build-up at 5400 Jun Put Option & 5600 Jun put Option. This indicated that positions are shifting to lower strike options, faster, as negativity is still intact in Nifty. This shows that traders are getting more bearish. Maximum total open interest remains on 5700 Jun put Option. On the call side, it is still on 6000 Jun Call Option, which shows that band of trading range for June series remains the same, but positions might shift further to Lower strike options. As of now, the range is defined from 5700 to 6000 levels. As seen today, 5800 Jun Put Option has reduced the maximum open interest & on the call side 6100 Jun Call Option has reduced the maximum open interest & shifted to Lower strike options. In today's session, as per the movements on Derivatives front, 5700 strikes saw maximum fluctuation. Traders behavior has made 5800 a difficult level for Nifty to attain, 5800/5900 will continue to be the crucial resistance level for Nifty, in intraday & 6000 level will be a major resistance. On the downside, 5600 will be acting as a strong support. Traders should watch for 5700 levels.

 
#7
Vix alert !!

Volatility is increasing, which indicates that loss of time value in option premium will be very slow, so it is advised that one should opt for entering long positions in options rather than short selling.
 
#8
Nifty Options' change in Open interest on June 14, 2013 !!

As per todays Nifty Options data, In June series, Maximum open interest was build-up at 5800 Jun Put Option, 5700 Jun Put Option & 5600 Jun Put Option; on the Call side, maximum open interest was build-up at 6000 Jun Call Option. This indicated that positions are shifting to higher strike in call options & adding to higher strike in put option. This shows that traders are getting more bullish. Maximum total open interest remains on 5700 Jun Put Option. On the call side, it is still on 6000 Jun Call Option, which shows that band of trading range for June series remains the same, but positions might shift to higher strike options. As of now, the range is still defined from 5700 to 6000 levels. As seen today, 5900 Jun Call Option has reduced the maximum open interest & shifted to Lower strike options. In today's session, as per the movements on Derivatives front, 5800 strikes saw maximum fluctuation. For next trading session, 5900 will continue to be the crucial resistance level for Nifty, in intraday & 6000 level will be a major resistance. On the downside, 5800 level is the intraday support, 5700 will be acting as a strong support.

 
#10
Option strategy-2

OPTION STRATEGY- BULL CALL SPREAD - BANKNIFTY

BUY BANKNIFTY 12000 JUN CALL AT 165 & SELL BANKNIFTY 12200 JUN CALL AT 95, TOTAL COST 71, SL- 40, TGT- 129 (FOR 4-6 DAYS) (Given on 17.06.2013 at 1:28 PM)
 

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