BankNifty PUTs & CALLs

[columbus]

Jan.28 JAN series.23 BankNifty=20492 (-63)

The Expected Zone has expanded to (20700~20300) from (20700~20400).

The Option Chain of CURRENT series looked like this :

 

[columbus]

Jan.29 JAN series.24(end) BankNifty=20529 (37)

Bank Nifty ended on 20529.

The Option Chain of FEB series looked like this :

 

[columbus]

Jan.30 FEB series.1 BankNifty=19884 (-685)

The Expected Zone is at (20300~19700).

The Option Chain of CURRENT series looked like this :

Really Banknifty option chain presented a perplexed look.

Especially 18700PE has a Negative change ,when BANKNIFTY lost 685 points.
19700CE lost 407.50 but 19600CE lost 217.40.

That is the main reason ,why banknifty attract less volumes in the initial period of
a series.Cooling period of some days is required in case of Banknifty which may
not be the case with nifty.

More over, multiples of 500 tend to have good volatility in case of Bank nifty.

 

[columbus]

Feb2. FEB series.2 BankNifty=19866 (22)

(Bank nifty value is corrected)

The Expected Zone has condensed to (20300~19900) from (20300~19700).

The Option Chain of CURRENT series looked like this :

On the eve of RBI policy ,Bank nifty is rather muted.

I think 25 bps cut is already factored.

 

[columbus]

Feb3. FEB series.3 BankNifty=19383 (-483)

The Expected Zone has moved DOWN to (19700~19200) from (20300~19900).

The Option Chain of CURRENT series looked like this :

 

[columbus]

FEB.6 Feb-Series.6 BankNifty=18787 (-265)

The Expected Zone has moved DOWN rather badly to (19100~18700).

The Option Chain of CURRENT series looked like this :

 

[columbus]

FEB.9 Feb-Series.9 BankNifty=18404 (-383)

The Expected Zone has moved DOWN further to (18700~18300) from (19100~18700).

The Option Chain of CURRENT series looked like this :

 

[columbus]

FEB.10 Feb-Series.8 BankNifty=18753 (349)

The Expected Zone has moved DOWN further to (19100~18800) from (18700~18300).

The Option Chain of CURRENT series looked like this :

 

[columbus]

FEB.13 Feb-Series.11 BankNifty=19370 (241)

The Expected Zone is at (19600~19300).

The Option Chain of CURRENT series looked like this :

 

[columbus]

FEB.16 Feb-Series.12 BankNifty=19190 (-180)

The Expected Zone has moved DOWN to (19300~19200) from (19600~19300).

The Option Chain of CURRENT series looked like this :