NIFTY 50 future TRENDS

[kiranjakka]

nifty spot is at 5505 and 5500 call option closed at 40rs so how is it possible? any comments on this

 

[sanjosedesi]

your target are commendables at times, but since expiry is near do you seriously feel we got that price

I do not think he is talking about the price for tomorrow, but the overall state of the market. I think his numbers are derived in part from open interest (I might be wrong) and if they show the mood of the market to be up, then they show the mood of the market to be up, correction being part of life !!

I also recall reading a comment by him that every time he changes his target (like 5656 to 5599 if I remember right), he adjusts his positions, so he might be booking profits or taking fresh positions as part of the day ... only he does not talk about those here.

 

[sanjosedesi]

ANYBODY WANT TO SOLVE THIS :-

nifty spot is at 5505 and 5500 call option closed at 40rs so how is it possible? any comments on this. people willing to by the nifty call option 5500at 40rs at 3.29pm?

2000rs premium while closing.

Yes people might be 'greater fools' to buy this, but I think it is also a question of volatility. In general, you expect expiry to be volatile, and more so given today's move ... a 50 point move on expiry is very ordinary, and a 100 point move can not be ruled out.

Anyway, who knows what that person was thinking. Maybe buy a call but sell futures? The premium for March is 55 rupees !

 

[kiranjakka]

Yes people might be 'greater fools' to buy this, but I think it is also a question of volatility. In general, you expect expiry to be volatile, and more so given today's move ... a 50 point move on expiry is very ordinary, and a 100 point move can not be ruled out.

Anyway, who knows what that person was thinking. Maybe buy a call but sell futures? The premium for March is 55 rupees !

i was about to write that call option but had a doubt why people buying this opiton like mad at 3.29 pm so didnt write the option

 

[sanjosedesi]

i was about to write that call option but had a doubt why people buying this opiton like mad at 3.29 pm so didnt write the option

'No trade' is better than a 'risky trade'

 

[valuable_earner]

Please comment... clueless... what it is?

 

[MurAtt]

Where do you get the tick list from Valuable Earner ?

 

[valuable_earner]

Where do you get the tick list from Valuable Earner ?

IIFL Broker... Terminal

Hope they are showing correct numbers :rofl:

 

[timepass]

Please comment... clueless... what it is?

Where do you get the tick list from Valuable Earner ?

IIFL Broker... Terminal

Hope they are showing correct numbers :rofl:

It doesn't show in Sharekhan's ticklist.

Another thing. How can the quantity be negative

 

[valuable_earner]

@TP

hehe bhai... Golmal hai bhae sab golmal hai :lol:

but i think my screenshot of IIFL Tick list is showing wrong data of that particular entry .. because its really a too much qty ... but even then who knows :rofl: hehehe