PUT and CALL options

[timepass]

Couldn't find PCR in this chart.

 

[columbus]

From this month onwards I am not giving PCR chart as it is not giving good results.

 

[columbus]

SEPT.22 sept-series.16 Nifty=9964 (-158) PCR(OI)=0.95 PCR (vol)=1.01

Series      MAY.17 June.17  July.17 Aug.17  Sep.17
Avg nifty   9393   9611     9819    9916    10031
Nifty Close 9510   9504     10021   9918    9964

Nifty
====
Nifty is on Primary Axis.
Nifty variations on Secondary Axis.
AVG= Average of the current Series.
Close=close of Nifty of last trading day.

Expected zone of nifty =10000~9900.
Current position=9950.

White letters on Dark back ground indicate Options with Price less than Rs.10. (if any)
White letters on Grey back ground indicate Options with Price Between Rs.10~30. (if any)

Open Interest more or less than 5 Lakh is indicated. (if any)
Open Interest of xx50 is not taken into consideration.(if any)

SEP.12  TUES    IIP=1.2%               (prev:-0.2)
SEP.12  TUES    inflation=3.36%        (prev:2.36)
SEP.14  THRUS   WPI inflation=3.24%    (prev:1.88)

Holidays:
========
.................

Sep.17 option chain based on present OPEN INTEREST looked like this:

NIFTY closed below this month average.
Global conditions were attributed to such a fall.

 

[timepass]

I feel that it's a good idea to mention PCR, if not in the chart form then just as a figure.

 

[columbus]

SEPT.25 sept-series.17 Nifty=9873 (-91) PCR(OI)=0.80 PCR (vol)=0.98

Nifty closed below LAST MONTH's average.

 

[columbus]

SEPT.28 sept-series.20 Nifty=9769 (33)

Series      MAY.17 June.17  July.17 Aug.17  Sep.17
Avg nifty   9393   9611     9819    9916    9987
Nifty Close 9510   9504     10021   9918    9769

Nifty ended on 9769.(Sept-2017 series)

 

[columbus]

OCT.6 oct-series.5 Nifty=9980 (91) PCR (oi) = 1.11 PCR (vol)=1.13

Series     June.17  July.17 Aug.17  Sep.17  oct.17
Avg nifty    9611     9819    9916    9987  9887
Nifty Close  9504     10021   9918    9769  9980

Nifty
====
Nifty is on Primary Axis.
Nifty variations on Secondary Axis.
AVG= Average of the current Series.
Close=close of Nifty of last trading day.

Expected zone of nifty =10200~9800.
Current position=10000.
Large accumulations on PUT side were seen.



Open Interest more or less than 5 Lakh is indicated. (if any)
Open Interest of xx50 is not taken into consideration.(if any)

Based on OPEN INTEREST option chain looked like this:

OCT.4 wednes RBI rates  UNCHANGED
OCT.12  THRUS    IIP=               (prev:1.2%)
oct.12 THRUS     Manf Prod=          (prev:0.1%)
Oct.12  Thrus    inflation=        (prev:3.36)
oct.16  Mon   WPI inflation=    (prev:3.24%)

Holidays:
========
02-Oct-2017    Monday    Mahatama Gandhi Jayanti
19-Oct-2017    Thursday    Diwali-Laxmi Pujan*
20-Oct-2017    Friday    Diwali-Balipratipada

 

[columbus]

OCT.13 oct-series.5 Nifty=10167 (71) PCR (oi) = 1.60 PCR (vol)=1.11

Series     June.17  July.17 Aug.17  Sep.17  oct.17
Avg nifty    9611     9819    9916    9987  9969
Nifty Close  9504     10021   9918    9769  10167

Nifty
====
Nifty is on Primary axis.
AVG= Average of the current Series.
close= close of nifty on last trading day
Dotted line= Average of Nifty this series
Blue line= Average of nifty last 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

Expected zone of NIFTY is reduced to SINGLE strike : 10200~10100
Current position is at 10150.

White letters on Dark back ground indicate Options with Price less than Rs.20. (if any)
White letters on Grey back ground indicate Options with Price Between Rs.20~30. (if any)

Open Interest more or less than 5 Lakh is indicated. (if any)
Open Interest of xx50 is not taken into consideration.(if any)

Based on OPEN INTEREST option chain looked like this:

OCT.4 wednes RBI rates  UNCHANGED
OCT.12  THRUS    IIP= 4.3%          (prev:0.9%)
oct.12 THRUS     Manf Prod= 3.1%     (prev:-0.3%)
Oct.12  Thrus    inflation= 3.28     (prev:3.28)
oct.16  Mon   WPI inflation=   (prev:3.24%)

@ Figures are revised/ subject to revision.
Holidays:
========
02-Oct-2017    Monday    Mahatama Gandhi Jayanti
19-Oct-2017    Thursday    Diwali-Laxmi Pujan*
20-Oct-2017    Friday    Diwali-Balipratipada

 

[timepass]

Strange, but the PCR seems very high for a bullish trend. Since there is so much room on the downside for the PCR, maybe we can expect still stronger run for the nifty.

 

[columbus]

Strange, but the PCR seems very high for a bullish trend. Since there is so much room on the downside for the PCR, maybe we can expect still stronger run for the nifty.

Basically PCR can be sometimes a contrarian indicator. Better to respect market sentiment.The latest option chain is indicating HUGE accumulation on PUT side.So market should fall . But I am not surprised a few points are added to nifty.