PUT and CALL options
- Thread starter columbus
- Start date
For PCR(OI) of BN is ~0.67 
That itself like the Nifty 0.54 is very gloomy.
The OI and change in OI (COI) for the calls is concentrated OTM at 19k and 19.5k
However, the rare sight, OI built for the puts is a big chunk ITM at 18.5k and 19k and just one concentration at 18k.
I would happily be proven wrong, but, I don't think the bulls will go home with a lousy expiry this THU. The setup is like a 500pt BN rally somewhere in these days like a Bear Trap :lol:
That itself like the Nifty 0.54 is very gloomy.
The OI and change in OI (COI) for the calls is concentrated OTM at 19k and 19.5k
However, the rare sight, OI built for the puts is a big chunk ITM at 18.5k and 19k and just one concentration at 18k.
I would happily be proven wrong, but, I don't think the bulls will go home with a lousy expiry this THU. The setup is like a 500pt BN rally somewhere in these days like a Bear Trap :lol:
NOV.24 nov-Series.18 THRUS Nifty=7965 PCR (OI)=1.03
Nifty ended on 7965 in nov.16 series.
Worst performance in last 2 years or more with SENSEX and Nifty losing over
7% in this series.
Following FACTORS took heavy toll on the market:
1.Ongoing MONETIZATION
2.Dollar Rate
3.Trump victory
4.Indication that FED is going to increase rates .....etc
The ongoing monetization is going to affect INFLATION very badly.
Nifty ended on 7965 in nov.16 series.
Worst performance in last 2 years or more with SENSEX and Nifty losing over
7% in this series.
Following FACTORS took heavy toll on the market:
1.Ongoing MONETIZATION
2.Dollar Rate
3.Trump victory
4.Indication that FED is going to increase rates .....etc
The ongoing monetization is going to affect INFLATION very badly.
Re: NOV.24 nov-Series.18 THRUS Nifty=7965 PCR (OI)=1.03
I have been noticing Bullish Harami in Nifty Daily Chart. Nifty has already formed a bullish harami, with 3 candles inside the body of the big red candle. According to me, this will be a start of an uptrend. RSI and stochastic indicators are also supporting this move. 15ema, Tenken (Ichimoku) is at the range of 8190. So if it is indeed a bullish harami, we will have a good 200 points move upward.
But not having traded this pattern before, I do not know what the stop loss of this trade will be. I think the low of the big red candle will be the stop loss for this trade, if taken.
I have been noticing Bullish Harami in Nifty Daily Chart. Nifty has already formed a bullish harami, with 3 candles inside the body of the big red candle. According to me, this will be a start of an uptrend. RSI and stochastic indicators are also supporting this move. 15ema, Tenken (Ichimoku) is at the range of 8190. So if it is indeed a bullish harami, we will have a good 200 points move upward.
But not having traded this pattern before, I do not know what the stop loss of this trade will be. I think the low of the big red candle will be the stop loss for this trade, if taken.
Re: NOV.24 nov-Series.18 THRUS Nifty=7965 PCR (OI)=1.03
"...................big red candle. According to me, this will be a start of an uptrend. RSI and stochastic indicators are also supporting this move......"
Looks like it is OK.FED hike is already factored in.
Parliament session is underway. Monetisation can turn UGLY or BETTER.
So better to be light on positions ,with no overnight positions. (Personal view)
"...................big red candle. According to me, this will be a start of an uptrend. RSI and stochastic indicators are also supporting this move......"
Looks like it is OK.FED hike is already factored in.
Parliament session is underway. Monetisation can turn UGLY or BETTER.
So better to be light on positions ,with no overnight positions. (Personal view)
NOV.26 Dec-Series.1 FRI Nifty=8114 PCR (OI)=1.11
]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 1.7 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 7 PUT strikes are taken for study.
The option chain of Dec.2016 based on today's OI looked like this :
HTML:
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 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 1.7 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 7 PUT strikes are taken for study.
HTML:
Up-coming important events
==========================
nov.30 wed GDP
dec.7 wed RBI interest decision
dec.11 sun IIP (oct)
dec.14 wed Inflation
dec.15 thrus FED rate decision
HOLIDAYS
========
Last edited:
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