Trade with options data Part 2

kiranjakka

Well-Known Member
ahead of ECB meet. do u see something spcl happening

things wisely manipulated like in case of idfc it looks like it wont fall below 130 strike but gone way below that, so thats why i said once important level of 5200 is broken where there is 70lk oi build up it easy to take nifty way below 5000 or near even 4800 till the stocks hold on to their max eod oi ranges it will be in a range once they are broken they fall far below levels we cant imagine.:thumb:
 

Arsh

Well-Known Member
ahead of ECB meet. do u see something spcl happening

BSE Sensex and Nifty are steady as traders are eyeing ECB decision on bond buying...

However Asian shares are up on reports that the ECB will buy unlimited amounts of short-term sovereign bonds to cap surging borrowing costs...

Markets can rally tomorrow based on Draghi's decision!:thumb:
 
5200CE has hardly any premium as compared to higher strikes. So, is 5200 the bottom of the range ?

Also, check the high low of Reliance 780PE today.. wild values as compared to the price range. How would you interpret Reliance & Nifty ?

 

Arsh

Well-Known Member
ICICI bank (3.5% up) & RIL (2.6% up) helping NIFTY (1.7% up) & Sensex (320 pts up) - to join global rally on ECB bond buying! :clap::clap::clap:

FM approved 11 foreign direct investment proposals worth 20.68 billion Indian rupees, including 8.08-billion-rupee plans of Mauritius-based Cloverdell Investments, on Thursday.
 
5300 forms a strong base considering the options data.. along with some short positions covered in 5400 & 5500 CE.. wht happens from here is yet to be seen.. but the market looks very bullish and considering the RBI policy review later this month banking sector wil have its share of bullishness..
 
wud jus like to share an observation about yesterdays option data.. nifty spot 5226.. 5200 CE: 106 approx.. 5300 PE: 108 !!!!! guess it was just heavy put writing which eventually resulted in lower premium in 5300 PE.. which resulted in heavy gains to the writers due to the huge upmove today. Any suggestions welcome.
 
KiranJakka,

According to the OI ain't we seeing strong buildup on 5300CE, indicating even if market go downwards its limited to 5300?

Also, what the nifty max upwards target as per OI as you can see.