BankNifty PUTs & CALLs

[columbus]

May.9 may-series Day.10 BankNifty= 13750 (713)

The Expected Zone has moved up to (13800~14000) from (12900~13300).

The price of OPTIONS is too HIGH ,may be it is a long series & impeding a important
event.The Implied Volatility is over 50.

The CALL & PUT windows range is defined to 400 Rs~ 800 Rs.

Accordingly the chart looks like this.The CURRENT position is indicated.

 

[columbus]

May.12 may-series Day.11 BankNifty= 14085 (335)

The Expected Zone has moved up to (13700~14600) from (13800~14000).
(Please note change border of CALL and PUT windows)

The price of OPTIONS is too HIGH ,may be it is a long series & impeding a important
event.The Implied Volatility is over 55.

The CALL & PUT windows range is defined to 500 Rs~ 1000 Rs.
(With passage of time due to Time Decay the borders will be defined to lower values,
but on contrary due to sudden increase in short period ,the boundaries are defined
to higher values)

Accordingly the chart looks like this.The CURRENT position is indicated.

 

[columbus]

May.13 may-series Day.12 BankNifty= 14166 (81)

The Expected Zone has condensed to (13900~14600) from (13700~14600).
(Please note change border of CALL and PUT windows, to 400Rs~800Rs)

The price of OPTIONS is too HIGH ,may be it is a long series & impeding a important
event.The Implied Volatility has cooled off.Both CALLs and PUTs have lost premium
even though the index has gained.


Accordingly the chart looks like this.The CURRENT position is indicated.

 

[trade4joisar]

Re: May.13 may-series Day.12 BankNifty= 14166 (81)

Suprisely, today BNF was up around 80 points and still call and put both were in negative in big numbers, what it says ?

 

[praveen taneja]

that says mkt is at a level where smart money supplying everything to small traders to tell how they lost money on Modi came to power

 

[columbus]

Re: May.13 may-series Day.12 BankNifty= 14166 (81)

Suprisely, today BNF was up around 80 points and still call and put both were in negative in big numbers, what it says ?

@trade4joisar,

That is the problem in Trading Banknifty.
Yeah, Dollar rate was below 60Rs ,through out the day.
The UNPREDICTABLE nature of Bank~nifty can be attributed to the fact that ,of the
total 12 stocks in the INDEX ,only 3 stocks (HIS) controls 60% of the weight-age.
(HDFC bank,ICICI bank and SBI). Hence the movement in
these stocks will affect BANKNIFTY badly.

 

[columbus]

May.14 may-series Day.13 BankNifty= 14207 (41)

The Expected Zone has moved UP to (14000~14700) from (13900~14600).
(Please note change border of CALL and PUT windows, to 400Rs~800Rs)

The price of OPTIONS is too HIGH ,may be it is a long series & impeding a important
event.The Implied Volatility has cooled off.Both CALLs and PUTs have lost premium
even though the index has gained.


Accordingly the chart looks like this.The CURRENT position is indicated.

 

[columbus]

May.15 may-series Day.14 BankNifty= 14236 (29)

The Expected Zone is at (14000~14700) for SECOND day.
( CALL and PUT windows boundaries 400Rs~800Rs)

The price of OPTIONS is too HIGH ,may be it is a long series & impeding a important
event.The Implied Volatility has cooled off.Both CALLs and PUTs have lost premium
even though the index has gained.


Accordingly the chart looks like this.The CURRENT position is indicated.

 

[columbus]

May.16 may-series Day.15 BankNifty= 14852 (616)

The Expected Zone is at (14600~15300) from (14000~14700) .
( CALL and PUT windows boundaries are changed to 200Rs~600Rs)

The IMPLIED VOLATILITY on CALL & PUT side are reduced.
CALL window=35.99 PUT window=32.10 (Hence change in boundaries)

Accordingly the chart looks like this.The CURRENT position is indicated.

 

[columbus]

May.19 may-series Day.16 BankNifty= 15222 (369)

The Expected Zone is at (14900~15700) from (14600~15300) .
CALL and PUT windows boundaries are changed to 100Rs~500Rs in keeping with
TIME-DECAY.


Accordingly the chart looks like this.The CURRENT position is indicated.