PUT and CALL options

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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)

 

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[timepass]

The ROC is now positive. OTOH, 1) Trix is still negative, though gaining, 2) The lagging confirmation - 20 crossover 50 - hasn't happened (but nifty is above both these MAs).

 

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Bank Nifty Futures move in tandem with Nifty futures.But Bank Nifty Options
are not as volatile as Nifty Options.May be poor demand and supply?

 

[timepass]

Bank Nifty Futures move in tandem with Nifty futures.But Bank Nifty Options
are not as volatile as Nifty Options.May be poor demand and supply?

In BNF options, there is a big gap between ask and bid. Maybe it discourages some traders. It certainly discouraged me !! In NF options, the difference between bid & ask is often 1 tick.

 

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JUN series DAY-7 Nifty=5054(-14)

In this JUN series we have 2 DOWN and 5 UP days as follows.
DUUUUUD

PCR:

It is the ratio of the volume of put options traded
to the volume of call options traded.Some believe
that a high PCR means more number of Puts have
been written and markets should go ahead.Others
believe in entire opposite view.

Expected Zone is continued to be in the range (4800~5100).
Today's OI on CALL side is mixed, in this zone but on
Put side all the strikes added positions.

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)

 

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JUN series DAY-8 Nifty=5116(62)

In this JUN series we have 2 DOWN and 6 UP days as follows.
DUUUUUDU


PCR:

It is the ratio of the volume of put options traded
to the volume of call options traded.Some believe
that a high PCR means more number of Puts have
been written and markets should go ahead.Others
believe in entire opposite view.

The Expected Zone has expanded to the range (4800~5200).
More than 50% of strikes in PUT window are in white font or
turned PENNY.5400CE has changed from White font to Black
font rather turned strong.

Today's OI on CALL side is mixed, in this zone but on
Put side all the strikes added positions.The OI of the
strikes 4900PE ~ 5200PE are significant.



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)

 

[columbus]

JUN series DAY-9 Nifty=5121(5)

In this JUN series we have 2 DOWN and 7 UP days as follows.
DUUUUUDUU


PCR:

It is the ratio of the volume of put options traded
to the volume of call options traded.Some believe
that a high PCR means more number of Puts have
been written and markets should go ahead.Others
believe in entire opposite view.

The Expected Zone has continued to the range (4800~5200).
More than 50% of strikes in PUT window are in white font or
turned PENNY.5600CE has come into CALL window and
Bullish sentiment will continue.

Today's OI on CALL side is mixed in this zone but on
Put side all the strikes added positions.The OI of the
strike 5200CE is significant.The OI in the range 4900PE~
5100PE is also noteworthy.


Gamma

The option's gamma is a measure of the rate of change of its delta.
The gamma of an option is expressed as a percentage and reflects
the change in the delta in response to a one point movement of the
underlying stock price.

Like the delta, the gamma is constantly changing, even with tiny movements
of the underlying stock price. It generally is at its peak value when the stock
price is near the strike price of the option and decreases as the option goes
deeper into or out of the money. Options that are very deeply into or out of the
money have gamma values close to 0.
(courtesy:theoptionguide.com)

 

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JUN series DAY-10 Nifty=5055(-66)

In this JUN series we have 3 DOWN and 7 UP days as follows.
DUUUUUDUUD

PCR:

It is the ratio of the volume of put options traded
to the volume of call options traded.Some believe
that a high PCR means more number of Puts have
been written and markets should go ahead.Others
believe in entire opposite view.

(On opening individual strike ,a slight difference was found)

The Expected Zone has continued to the range (4800~5200).
OI of Today in CALL & PUT windows is rather mixed.
But the notable feature is ,5600CE has moved out of
CALL window and 4600PE in PUT window turned Black font
from white font.(Rather became somewhat active, price more than 10RS).

Gamma

The option's gamma is a measure of the rate of change of its delta.
The gamma of an option is expressed as a percentage and reflects
the change in the delta in response to a one point movement of the
underlying stock price.

Like the delta, the gamma is constantly changing, even with tiny movements
of the underlying stock price. It generally is at its peak value when the stock
price is near the strike price of the option and decreases as the option goes
deeper into or out of the money. Options that are very deeply into or
out of the money have gamma values close to 0.
(courtesy:theoptionguide.com)

 

[columbus]

JUN series DAY-11 Nifty=5139(84)

In this JUN series we have 3 DOWN and 8 UP days as follows.
DUUUUUDUUDU

PCR:

It is the ratio of the volume of put options traded
to the volume of call options traded.Some believe
that a high PCR means more number of Puts have
been written and markets should go ahead.Others
believe in entire opposite view.

The Expected Zone has continued to the range (4800~5200).
OI of Today in CALL window is rather mixed.
OI of Today in PUT window showed addition.
5000PE-5100PE-5200PE OI are significant ,in particular
5100PE which showed more than 1M addition.

Gamma

The option's gamma is a measure of the rate of change of its delta.
The gamma of an option is expressed as a percentage and reflects
the change in the delta in response to a one point movement of the
underlying stock price.

Like the delta, the gamma is constantly changing, even with tiny movements
of the underlying stock price. It generally is at its peak value when the stock
price is near the strike price of the option and decreases as the option goes
deeper into or out of the money. Options that are very deeply into or
out of the money have gamma values close to 0.
(courtesy:theoptionguide.com)