PUT and CALL options

[rajesh0000]

Sir,
I am new to forum.
Your threads for option analysis of Nifty and Bank Nifty appear very interesting and obviously a lot of effort/labor has been put in which has to be appreciated.
What is the key to its proper understanding and/or where is it to be found.

Thanks.

 

[columbus]

Sir,
I am new to forum.
Your threads for option analysis of Nifty and Bank Nifty appear very interesting and obviously a lot of effort/labor has been put in which has to be appreciated.
What is the key to its proper understanding and/or where is it to be found.

Thanks.

Hi Rajesh,

Welcome to forum.

You will find here many strategies for options/futures by other boarders too.

This Option Chain is found in NSE website.

As far as possible I trade only in Nifty options (Occasionally in Bank-Nifty).


You will find some information here

http://www.traderji.com/options/66083-put-call-options-6.html#post1041391

Please remember that this is not a forecast analysis but based on Open-interest prevailing at End Of Day.

 

[rajesh0000]

Sir,

Thanks.

The link seems to be related to bottom graphics.

One thinks that such a regular running analysis may have a permanent post to help people draw conclusions and make forecasts.

Being new in the field it may take some time to pick up and digest the option related material.

 

[columbus]

FEB.18 Feb-Series.13 Nifty=8869 (60)

The Expected Zone has moved UP to (8700~9000) from (8600~9000) .

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


3 strikes on CALL side and 3 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain based today's open interest looked like this :

 

[columbus]

FEB.20 Feb-Series.15 Nifty=8834 (-62)

The Expected Zone is at (8700~9000) .

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


3 strikes on CALL side and 3 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain based today's open interest looked like this :

In this series so far 9000 is at UPPER boundary.
Bottom boundary varied between 8600~8700.

 

[columbus]

FEB.23 Feb-Series.16 Nifty=8755 (-79)

The Expected Zone has condensed down to (8700~8900) from (8700~9000) .

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


2 strikes on CALL side and 2 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain based today's open interest looked like this :

 

[columbus]

FEB.24 Feb-Series.17 Nifty=8762 (7)

The Expected Zone has condensed further to (8700~8850) from (8700~8900) .

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


2 strikes on CALL side and 2 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain based today's open interest looked like this :

 

[columbus]

FEB.25 Feb-Series.18 Nifty=8767 (5)

The Expected Zone has condensed further to 2 strikes only (8750~8800) from (8700~8850) .

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


2 strikes on CALL side and 2 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain based today's open interest looked like this :

 

[columbus]

FEB.26 Feb-Series.19(END) Nifty=8684 (-83)

Nifty ended on 8684.

5 strikes on CALL side and 5 strikes on PUT side from the current strike ,as shown ,are analyzed.

The Option chain of MAR'15 Series ,based today's open interest looked like this :

As per our definition, the boundary of a window ,is given when Open Interest
(TOTAL) moves from Lakhs to Millions.But strangely ,by sticking to it, on PUT
side ,it starts from 8800 to 8150.That leaves only ONE strike ,that is,8800 in
Expected Zone.So ,it is extended ,a bit ,on Put side to 0.85Million.
Now the Expected Zone is roughly at (9000~8800) and
current position is way below it ,at 8700.

Let us wait for BUDGET.We have an Extended week , with Budget day falling
on Saturday.

http://www.traderji.com/options/66083-put-call-options-3.html#post1047621

 

[columbus]

FEB.27 MAR-Series.1 Nifty=8844 (160)

The Expected Zone has moved up to (9000~8800).

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than -5 Lakhs is indicated in YELLOW italics. (If any)


5 strikes on CALL side and 5 strikes on PUT side from the current strike ,as shown ,are analyzed.

Let me study Implied Volatility in this series.

A first look at the small bars in implied volatility gives a false impression that
only individual CALL strikes (Call side) or PUT strikes (Put side) are considered
for plotting.But in reality both CALL and PUT strikes have taken into account.
If individual implied volatility on either CALL strikes or PUT strikes are taken,
the picture would have been as shown in the bottom side of the chart.