PUT and CALL options

[columbus]

FEB.28 MAR-Series.2 Nifty=8901 (57)

The Expected Zone is at (9000~8800) for SECOND day.


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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes.

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


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

 

[columbus]

MAR.2 Mar-Series.3 Nifty=8956 (55)

The Expected Zone is at (9000~8800) for THIRD day.


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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.

4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

 

[columbus]

MAR.3 Mar-Series.4 Nifty=8996 (40)

The Expected Zone is at (9000~8800) for FOURTH day.
The current position is at 9000 from 8850 at the starting of this series.


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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.

4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

 

[columbus]

Since the current position is at the TOP of Expected Zone , a caution is required while trading.Reversal may take place.

 

[columbus]

MAR.4 Mar-Series.5 Nifty=8923 (-73)

The Expected Zone is at (9000~8800) for FIFTH day.
The current position moved down to 8900 from 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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.

4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

 

[timepass]

I knew that's what the range was going to be.. wrote about it elsewhere

Today Columbus will write :

The expected range remains at 8800-9000 for the SIXTH day.

 

[columbus]

MAR.5 Mar-Series.6 Nifty=8938 (15)

The Expected Zone has condensed to (9000~8900) from (9000~8800).
The current position moved UP to 8950 from 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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.

4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

 

[columbus]

MAR.9 Mar-Series.7 Nifty=8757 (-181)

The Expected Zone has expanded to (9000~8800) from (9000~8900).
The current position moved DOWN 200 points to 8750 from 8950.
It is outside the zone.Trade with caution.


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).

The bars inside the implied volatility are drawn ,taking into account both
CALL and PUT strikes but not individual CALL strikes or PUT strikes.

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


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

 

[Riskyman]

Re: MAR.9 Mar-Series.7 Nifty=8757 (-181)

It is outside the zone.Trade with caution.

You are expecting it to go back into the zone?

 

[columbus]

Re: MAR.9 Mar-Series.7 Nifty=8757 (-181)

You are expecting it to go back into the zone?

Look at open interest of 8700CE which stands at 8.5 Lakhs , which is 1.5 lakhs
away from Million. If it is achieved tomorrow ,then the zone moves downwards.
On Put side the trend is weakening as well as strong.The signals are conflicting.
Better to trade with caution.