JUN series DAY-6 Nifty=5068(18)
In this JUN series we have 1 DOWN and 5 UP days as follows.
DUUUUU
Expected Zone is continued to be in the range (4800~5100).
Today's OI on CALL side is mixed, but Put side all the strikes in this zone added
positions.Of these OI of 5000PE @1.3M is significant.
The way market is moving UP, it looks even 5600CE is likely to join CALL window.
However markets were UP for a 5th day, just bit of caution is required.
Delta
The option's delta is the rate of change of the price of the option
with respect to its underlying security's price. The delta of an option
ranges in value from 0 to 1 for calls (0 to -1 for puts) and reflects
the increase or decrease in the price of the option in response to a
1 point movement of the underlying asset price.
Far out-of-the-money options have delta values close to 0 while deep
in-the-money options have deltas that are close to 1.
(Courtesy:theoptionsguide.com)
In this JUN series we have 1 DOWN and 5 UP days as follows.
DUUUUU
Expected Zone is continued to be in the range (4800~5100).
Today's OI on CALL side is mixed, but Put side all the strikes in this zone added
positions.Of these OI of 5000PE @1.3M is significant.
The way market is moving UP, it looks even 5600CE is likely to join CALL window.
However markets were UP for a 5th day, just bit of caution is required.
Delta
The option's delta is the rate of change of the price of the option
with respect to its underlying security's price. The delta of an option
ranges in value from 0 to 1 for calls (0 to -1 for puts) and reflects
the increase or decrease in the price of the option in response to a
1 point movement of the underlying asset price.
Far out-of-the-money options have delta values close to 0 while deep
in-the-money options have deltas that are close to 1.
(Courtesy:theoptionsguide.com)