Traderji.com - Discussion forum for Stocks Commodities & Forex


Option Chains for Indian Stocks and indexes?

Discuss Option Chains for Indian Stocks and indexes? at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello Fellow Traders, I have options trading experience in US but no experience in INDIA ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Derivatives > Options


Reply
 
Thread Tools
  #1  
Old 3rd December 2009, 09:38 AM
Member
 
Join Date: Dec 2009
Posts: 11
Thanks: 1
Thanked 4 Times in 2 Posts
skyleo is on a distinguished road
Default Option Chains for Indian Stocks and indexes?

Hello Fellow Traders,

I have options trading experience in US but no experience in INDIA . I'm interested in trading options in INDIA as well. Could someone please provide pointers on where to check a listing of the option chains for various stocks? For US stocks one can check the stock options quotes on yahoo finance for the entire chain.
Is there something like this to track the india stock options? If not , anything that comes close?
Also , would you mind sharing the most reliable and convenient site to browse for the india stock market

Thanks
Skyleo



Reply With Quote
The Following 2 Users Say Thank You to skyleo For This Useful Post:
natrium (29th December 2009), talisman (5th December 2009)
Sponsored Links
  #2  
Old 3rd December 2009, 01:26 PM
Member
 
Join Date: Jan 2007
Posts: 2,918
Thanks: 2,941
Thanked 8,035 Times in 2,042 Posts
AW10 has a reputation beyond reputeAW10 has a reputation beyond repute
AW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond repute
Default Re: Option Chains for Indian Stocks and indexes?

Skyleo.. Stock options trading is not mature enough in Indian mkt.. Except Reliance and maybe 1 or 2 other stocks have trading vol i.e OI of 5000+ contracts ..

Best is to stick to NIFTY options. You can find the Nifty option chain from nse site. i.e. NSEINDIA dot COM site. There is direct link for option chain..

Also keep it in mind that Indian options with near month expiry have good liquidity. Next months expiry have fair liquidity specially ATM strikes.. So most of your strategies that worked in US mkt will not work here. Most of the options trader stay away from <30 or <45 days expiry..but that is the world in Indian mkt.

Happy Trading
Reply With Quote
The Following 2 Users Say Thank You to AW10 For This Useful Post:
bloodmoney (4th December 2009), talisman (5th December 2009)
  #3  
Old 4th December 2009, 07:41 PM
Member
 
Join Date: Dec 2009
Posts: 11
Thanks: 1
Thanked 4 Times in 2 Posts
skyleo is on a distinguished road
Default Re: Option Chains for Indian Stocks and indexes?

Thanks a lot AW. I'll be looking into this and will probably have more questions to understand the indian markets. Which broker would you recommend? Whats the expected commision for 1 option contract? In US a standard contract has 100sh , dont know if that's the case here too

Thanks much
Sky
Reply With Quote
The Following 2 Users Say Thank You to skyleo For This Useful Post:
bloodmoney (4th December 2009), talisman (5th December 2009)
  #4  
Old 4th December 2009, 09:10 PM
Member
 
Join Date: Jan 2007
Posts: 2,918
Thanks: 2,941
Thanked 8,035 Times in 2,042 Posts
AW10 has a reputation beyond reputeAW10 has a reputation beyond repute
AW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond repute
Default Re: Option Chains for Indian Stocks and indexes?

Sky, you are in for surprise at every step.. Whole world says that US have strange rules, unique voltage level etc.. but in trading, it is other way, i think.
In US, one option contract = 100 shrs... but in India, this factor changes based on the stock. For nifty 1 contract = 50 units.. and for reliance 1 contract = 150..
Core idea is that the amount contrable by 1 contract is roughly 2 to 3 lacs.
So when stock of 2000 rs will have 150 as lot (= 2lac/2000), at stock of 100 will have 2000 as lot size.

all the best.. for your unlearning and new learning.
Reply With Quote
The Following 2 Users Say Thank You to AW10 For This Useful Post:
bloodmoney (4th December 2009), talisman (5th December 2009)
  #5  
Old 4th December 2009, 09:53 PM
Member
 
Join Date: Sep 2009
Posts: 3
Thanks: 2
Thanked 0 Times in 0 Posts
gokuln is on a distinguished road
Default Re: Option Chains for Indian Stocks and indexes?

Hi Everybody,

I recently started trading in options.

I am holding Dec 5100 Put Option 3 Lots Bought @ 100.50 Premium.

Iam also holding Dec 5000 Put Option 8 Lots Bought @ 109.70 Premium.

I am very confused in taking any decision as market is range bound. I can hold them till expiry.

But can u advise me what would be right thing to do.

Thanks and Regards

Gokul
Reply With Quote
  #6  
Old 4th December 2009, 10:37 PM
Member
 
Join Date: Jan 2007
Posts: 2,918
Thanks: 2,941
Thanked 8,035 Times in 2,042 Posts
AW10 has a reputation beyond reputeAW10 has a reputation beyond repute
AW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond repute
Default Re: Option Chains for Indian Stocks and indexes?

Quote:
Originally Posted by gokuln View Post
I can hold them till expiry.
Seems, you come from stock trading background and believe in buy and hold approach.. You must keep in mind that options have limited life.
Are you ready to loose complee 60k of your money which in mkt now ?
If not then, plz start rethinking on above stmt.

Decide your exit points when u would like to cut the loss.
Mkt has been rangebound since last 3 day. and there is strong support at 5k/4900 level. Yes mkt can crack thru them.. but we need to see it happening.

But if mkt starts going up, then ur positions will start getting deeper into red.. and will have less probablity of coming in profit.. so be practicle and define your loss exits.. That is only thing u can control. Giving u profit is at the mercy of mkt.. So control the controllables.


Happy Trading
Reply With Quote
The Following 3 Users Say Thank You to AW10 For This Useful Post:
bloodmoney (4th December 2009), gokuln (5th December 2009), talisman (5th December 2009)
  #7  
Old 8th December 2009, 01:36 PM
Member
 
Join Date: Feb 2007
Location: Chennai
Posts: 30
Thanks: 2
Thanked 3 Times in 2 Posts
chander_rb is on a distinguished road
Default Re: Option Chains for Indian Stocks and indexes?

Quote:
Originally Posted by AW10 View Post
Sky, you are in for surprise at every step.. Whole world says that US have strange rules, unique voltage level etc.. but in trading, it is other way, i think.
In US, one option contract = 100 shrs... but in India, this factor changes based on the stock. For nifty 1 contract = 50 units.. and for reliance 1 contract = 150..
Core idea is that the amount contrable by 1 contract is roughly 2 to 3 lacs.
So when stock of 2000 rs will have 150 as lot (= 2lac/2000), at stock of 100 will have 2000 as lot size.

all the best.. for your unlearning and new learning.
Hi.

The main thing is that in Indian market the option settlement (exercising etc) is adjusted in terms of cash, unlike in the US where I believe the settlement is done in terms of actual delivery/possession of stocks (except Index Options). Maybe that is why in India, the lot size is also decided in terms of cash, i.e. 2/3 lakhs.

Regards.
Reply With Quote
  #8  
Old 11th December 2009, 10:10 AM
Member
 
Join Date: Dec 2009
Posts: 11
Thanks: 1
Thanked 4 Times in 2 Posts
skyleo is on a distinguished road
Default Re: Option Chains for Indian Stocks and indexes?

AW10 et al,
The information on Indian Stock Options market seems very limited . For some reason , the nseindia does not seem to work well from here . Would you guys please suggest something else for learning and research ?

Thanks a lot
Regards
Sky
Reply With Quote
  #9  
Old 11th December 2009, 02:19 PM
Member
 
Join Date: Jan 2007
Posts: 2,918
Thanks: 2,941
Thanked 8,035 Times in 2,042 Posts
AW10 has a reputation beyond reputeAW10 has a reputation beyond repute
AW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond reputeAW10 has a reputation beyond repute
Default Re: Option Chains for Indian Stocks and indexes?

Sky, unfortunately, I don't know of any other source for better options data then NSEINDIA. There are option analysis tool called option oracle that connects and gets data from NSE site. Plz chk samoasky dot com site for this..

Happy Trading
Reply With Quote
  #10  
Old 29th December 2009, 01:41 PM
natrium's Avatar
Member
 
Join Date: Oct 2006
Posts: 21
Thanks: 5
Thanked 6 Times in 2 Posts
natrium is on a distinguished road
Default Re: Option Chains for Indian Stocks and indexes?

I also trade options in US. I am exporing data sources, Open Intrest, Greeks etc, before I will start trading options. I will try and communicate whatever I find.

Thanks

Vasudevan


Reply With Quote
Reply

Bookmarks

Tags
option chain


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 05:06 AM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247