PUT and CALL options

[columbus]

May.20 may-series Day.17 Nifty= 7276 (12)

The EXPIRY ZONE has condensed to (7250~7300) from (7200~7350).
In keeping with TIME DECAY the strikes below Rs 50 are marked WHITE.

Avg Open Interest (Today) as shown ... CALL side: 6K / 1 (Prev: 187K/3)
Avg Open Interest (Today) as shown..... PUT side: 365K / 2 (Prev: 227K/2)
(In Yesterday's file there was a small error.It is rectified now.)

Average Implied Volatility in ZONE......CALL side : 18.11 (Prev:18.88)
Average Implied Volatility in ZONE.......PUT side : 15.95 (Prev:19.13)
(In Yesterday's file there was a small error.It is rectified now.)


(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)

Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)


Current position is indicated.

The nervousness continued as some CALLS have gained and all PUTs have lost.

The OI above 2 strikes ,below 2 strikes as follows....(Including the CURRENT strike)

CALL.............3.8M
PUT...............2.9M

 

[columbus]

Re: May.19 may-series Day.16 Nifty= 7264 (61)

what is the objectivity of spotting the dynamic EXPIRY ZONE?

@toughard,

Simply it helps in staying in RIGHT side of the market,in most occasions.

For example ,looking at today's data,one can interpret ,the chances of market moving
downwards is rather SLIM ,because ,you have more strikes in PUT window in
WHITE colour ,still no strikes in CALL side ,in WHITE.

 

[columbus]

Premium erosion is mainly due to Vega slide and some Theta decay.
By the way how many of you prefer writing options over buy?

@trump,

YES.
In the END of a series ,it is better to WRITE options since we know that end VALUE.
But is is a costly affair for a Retail Investor.

 

[columbus]

May.21 may-series Day.18 Nifty= 7253 (-23)

The EXPIRY ZONE has condensed to (7250~7300) for SECOND day.
In keeping with TIME DECAY the strikes below Rs 50 are marked WHITE.

Avg Open Interest (Today) as shown ... CALL side: 261K / 2 (Prev: 6K/1)
Avg Open Interest (Today) as shown..... PUT side: 82K / 1 (Prev: 365K/1)


Average Implied Volatility in ZONE......CALL side : 17.52 (Prev:18.11)
Average Implied Volatility in ZONE.......PUT side : 14.97 (Prev:15.95)

(After deleting PENNY Strikes ,if any.Because they adversely affect the values.
Strikes above and below the CURRENT position are taken ,as shown)

Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)




Current position is indicated.

 

[timepass]

Very small range, can't hold for long, I guess.

 

[columbus]

Very small range, can't hold for long, I guess.

@timepass,

Looks like so.
But generally speaking ,last 3 or 4 days of a series are marked with SMALL ranges.
6 more days are left in the SERIES and already 2 days ,saw a small range.

 

[timepass]

@timepass,

Looks like so.
But generally speaking ,last 3 or 4 days of a series are marked with SMALL ranges.
6 more days are left in the SERIES and already 2 days ,saw a small range.

Exactly my point ! 6 days to go should've have seen a bigger range, IMO.

 

[columbus]

May.22 may-series Day.19 Nifty= 7276 (23)

The EXPIRY ZONE has condensed further to a Single STRIKE to 7300 from (7250~7300) .
In keeping with TIME DECAY the strikes below Rs 50 are marked WHITE.

SUM of total premiums in PUT direction...(6800~7250)...10 Strikes ....110.25Rs
SUM of total premiums in CALL direction...(7300)...1 Strike ....60.95Rs


Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)

Current position is indicated.

 

[stock72]

Re: May.22 may-series Day.19 Nifty= 7276 (23)

never saw condensing to a single strike where still 5 trading days left ... thrilled ..

The EXPIRY ZONE has condensed further to a Single STRIKE to 7300 from (7250~7300) .
In keeping with TIME DECAY the strikes below Rs 50 are marked WHITE.

SUM of total premiums in PUT direction...(6800~7250)...10 Strikes ....110.25Rs
SUM of total premiums in CALL direction...(7300)...1 Strike ....60.95Rs


Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)

Current position is indicated.

 

[columbus]

May.23 may-series Day.20 Nifty= 7367 (91)

The EXPIRY ZONE has moved up further to a Single STRIKE to 7400 from 7300 .
In keeping with TIME DECAY the strikes below Rs 50 are marked WHITE.



Bold indicates Open Interest over 500k.(If ,any)
Italics indicate Open Interest over -500k.(If ,any)

Current position is indicated.