PUT and CALL options

[columbus]

what kind of chart is it perticulerly on starting of thread please clear ?

This chart is available in NSE website at,

http://www.nseindia.com/live_market...-&segmentLink=17&symbolCount=2&segmentLink=17.

Here it is presented in a better form ,taking only few FURTHER Strikes from the
present NIFTY value.

 

[columbus]

May.12 may-series Day.11 Nifty= 7014 (155)

The EXPIRY ZONE has further expanded UP to (6700~7000) from (6700~6900).

Total strikes with Price over Rs.HUNDRED in CALL window: 16 (Prev:14)
Total strikes with Price over Rs.HUNDRED in PUT window : 10 (Prev:11)


Avg Open Interest (Today) as shown ... CALL side: 492K /1 (Prev: 333K/2)
Avg Open Interest (Today) as shown..-.. PUT side: 313K /7 (Prev: 187K/4)


Average Implied Volatility in ZONE......CALL side : 44.46 (Prev:42.69)
Average Implied Volatility in ZONE.......PUT side : 45.77 (Prev:44.07)

(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)

Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)


Current position is indicated.

The EXPIRY ZONE has expanded UP to (6700~6900) from (6700~6800).

Total strikes with Price over Rs.HUNDRED in CALL window: 14 (Prev:8)
Total strikes with Price over Rs.HUNDRED in PUT window : 11 (Prev:11)


Avg Open Interest (Today) as shown ... CALL side: 333K /2 (Prev: 19K/4)
Avg Open Interest (Today) as shown..-.. PUT side: 187K /4 (Prev: -31K/1)


Average Implied Volatility in ZONE......CALL side : 42.69 (Prev:37.04)
Average Implied Volatility in ZONE.......PUT side : 44.07 (Prev:40.11)

(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)

Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)


Current position is indicated.

Looks like further UP movement possible.Except in the Range (indicated by BLUE),
outside the range the total open interest on CALL side is 14M versus 3M on PUT
side.(Personal view)

 

[columbus]

May.13 may-series Day.12 Nifty= 7109 (95)

The EXPIRY ZONE has condensed to (6850~7000) from (6700~7000).
Strangely the CURRENT position has fallen outside the ZONE in UPWARD direction.

Total strikes with Price over Rs.HUNDRED in CALL window: 14 (Prev:16)
Total strikes with Price over Rs.HUNDRED in PUT window : 4 (Prev:10)


Avg Open Interest (Today) as shown ... CALL side: - / - (Prev: 492K/1)
Avg Open Interest (Today) as shown..-.. PUT side: - / - (Prev: 313K/7)


Average Implied Volatility in ZONE......CALL side : - (Prev:44.46)
Average Implied Volatility in ZONE.......PUT side : - (Prev:45.77)

(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)

Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)


Current position is indicated.

ALL STRIKES IN THE ZONE SHOWED UNWINDING EXCEPT 6900,6950,7000PE.

The Total OI above 7100 is 15M .(Including 7100CE)
The Total OI below 7100 is 5.3M .(Including 7100PE)

The Implied Volatility has cooled down.

Now all EXIT polls indicate NDA (Modi) majority.But all are concerned about the
margin of majority.

 

[parmit]

sir as u suggest market range 6850-7000, so can we sell otm call and puts to gain some point....

plz suggest some tips or trick to gain few point....

and plz guide how you decide d market range

 

[toughard]

sir as u suggest market range 6850-7000, so can we sell otm call and puts to gain some point....

plz suggest some tips or trick to gain few point....

and plz guide how you decide d market range

I too need some inputs from you to make use of this data points...
what kind of actions that we can take based on these data sets...
please suggest..

 

[columbus]

sir as u suggest market range 6850-7000, so can we sell otm call and puts to gain some point....

plz suggest some tips or trick to gain few point....

and plz guide how you decide d market range

Earlier OTM options were PENNY in nature .(Less than 10Rs)Do not mind losing
the premium on a couple of lots.Now the scene is completely is changed.
The OTM options are trading more than Rs.100.SO it is better to stay with TREND with
small lots.

The Total OI above 7100 is 15M .(Including 7100CE)
The Total OI below 7100 is 5.3M .(Including 7100PE)

 

[columbus]

I too need some inputs from you to make use of this data points...
what kind of actions that we can take based on these data sets...
please suggest..

Earlier OTM options were PENNY in nature .(Less than 10Rs)Do not mind losing
the premium on a couple of lots.Now the scene is completely is changed.
The OTM options are trading more than Rs.100.SO it is better to stay with TREND with
small lots.

The Total OI above 7100 is 15M .(Including 7100CE)
The Total OI below 7100 is 5.3M .(Including 7100PE)

Will stay with CALLs.(Personal)

 

[parmit]

colombus sir,

what is d role of OI in option trading????????

and can we sell OTM call like 7800,7900,8000 above to hold till expiry and gain so point... plz guide
thanks in advance

 

[parmit]

Earlier OTM options were PENNY in nature .(Less than 10Rs)Do not mind losing
the premium on a couple of lots.Now the scene is completely is changed.
The OTM options are trading more than Rs.100.SO it is better to stay with TREND with
small lots.

The Total OI above 7100 is 15M .(Including 7100CE)
The Total OI below 7100 is 5.3M .(Including 7100PE)

Will stay with CALLs.(Personal)

total OI Above 7100> OI below 7100 what does it indicate

 

[columbus]

total OI Above 7100> OI below 7100 what does it indicate

@parmit,
The Total OI above 7100 is 15M .(Including 7100CE)
The Total OI below 7100 is 5.3M .(Including 7100PE)

It generally INDICATES the trend rather sentiment.