BankNifty PUTs & CALLs

[columbus]

NOV.13 nov-series day.8 BANKNIFTY=10523 (-60)

The Expected Zone has not moved from (10400~10900) for Second day.

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 28K [Prev:6K}
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 57K [Prev:10K]

Current position is indicated in the chart.

 

[columbus]

NOV.14 nov-series day.9 BANKNIFTY=10811 (288)

The Expected Zone has moved UP to (10600~11100) from (10400~10900).

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 12K [Prev:28K}
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 19K [Prev:57K]

Current position is indicated in the chart.

 

[nehal_r_shah]

Hi,

Can you share this excel file here or mail me at [email protected].

Thanks in advance.

 

[columbus]

NOV.18 nov-series day.10 BANKNIFTY=11142 (331)

The Expected Zone has moved UP to (11000~11400) from (10600~11100).

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 21K [Prev:12K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 57K [Prev:19K]

Current position is indicated in the chart.

 

[columbus]

NOV.19 nov-series day.11 BANKNIFTY=11188 (46)

The Expected Zone has expanded to (11000~11500) from (11000~11400).

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 8K [Prev:21K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 34K [Prev:57K]

Current position is indicated in the chart.

 

[columbus]

NOV.20 nov-series day.12 BANKNIFTY=10967 (-221)

The Expected Zone has moved down (10700~11200) from (11000~11500).

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 22K [Prev:8K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 1K [Prev:34K]

Current position is indicated in the chart.

 

[columbus]

NOV.21 nov-series day.13 BANKNIFTY=10707 (-260)

The Expected Zone has moved down to (10600~11000) from (10700~11200).

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	45Rs to 450Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side: 51K [Prev:22K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side: 14K [Prev:1K]

Current position is indicated in the chart.

 

[sam_kuw]

I bought Bank nifty puts on 13th.
With the next 2 days the premium shrunk to about 15%.
Now the index gone lower than Nov 13th levels.
But my puts still lesser than 50%.
Can anyone explain why this is happening even when we have 1 week left for expiry?

 

[kesk]

I bought Bank nifty puts on 13th.
With the next 2 days the premium shrunk to about 15%.
Now the index gone lower than Nov 13th levels.
But my puts still lesser than 50%.
Can anyone explain why this is happening even when we have 1 week left for expiry?

That's the nature of the Options. Towards expiry date, the decay is more rapid. If the expiry happens on the strike price, then you probably wont even take 10% of the initial investment. The price has to go below considerably than the option strike price (for the put),,for eg..100 pts below the strike price.

 

[columbus]

That's the nature of the Options. Towards expiry date, the decay is more rapid. If the expiry happens on the strike price, then you probably wont even take 10% of the initial investment. The price has to go below considerably than the option strike price (for the put),,for eg..100 pts below the strike price.

Well said.It is a good idea to square off OPTIONS by the end of the day,even if you in
PROFIT or LOSS.If you take some PENNY banknifty options treat them as NPA.(in bank language).
Never try to average to reduce you cost of purchase.By averaging you are increasing
the risk also.Averaging within a day with a view to square off ,quickly is OK.