NIFTY Options Trading by RAJ

[VJAY]

I think I have posted this in the beginning of January. Normally the Expiry is on the Last Thursday of the month. Since 27-Feb is a holiday the FEB-14 Expiry will be on 26-FEB, which you have to change manually.

1. Goto Sheet SODATA.
2. The Cells AP20, AP21 and AP22 contains the expiry for the next three months including the Current month. The dates are automatically calculated using a function
3. Change the date 27-FEB-14 to 26-FEB-14. Leave the Rest of the dates as it is.
4. After 30-Jan-2014, the Dates would once again shift and you will have to do this change once again.

Thanks raj bhai,May be I missed the post as am not much active in forum nowdays....

 

[anoopdaas]

Thanks a lot, Healthrajbhai, giving 8 rules on the impact on Nifty movement by the Max change in OI, Volumes etc. Really the Rules are superb which I Tested through out last week. I have some quires and that be asked later on.

 

[Relish]

Fed did 10B tapring and dow jones recovered from 50 points from lowest 160 points. is 5900 level today?

 

[shiv2012]

I have a feeling we will NOT tank today.. fingers crossed

 

[Option.Trader]

I have a feeling we will NOT tank today.. fingers crossed

Already did, get ready for a roller coaster ride, next stop 5970

 

[shiv2012]

Already did, get ready for a roller coaster ride, next stop 5970

Nah...6000 will hold. Feb 6000 PUT options have seen some massive OI build up. We are better off among the emerging nations and have already taken the hit over the week.

 

[timepass]

Nah...6000 will hold. Feb 6000 PUT options have seen some massive OI build up. We are better off among the emerging nations and have already taken the hit over the week.

Maybe.. 6000CE is at par, 6100PE has a premium...

 

[Option.Trader]

Nah...6000 will hold. Feb 6000 PUT options have seen some massive OI build up. We are better off among the emerging nations and have already taken the hit over the week.

Well this is the thing about OI, it does not take long to unwind. For eg, there was massive OI built up in current series in 6200pe and 6300pe .just took a day to unwind all the flab. almost 60l in one day. I would give more importance to unwinding then built up of OI as a reliable indicator

 

[shiv2012]

Well this is the thing about OI, it does not take long to unwind. For eg, there was massive OI built up in current series in 6200pe and 6300pe .just took a day to unwind all the flab. almost 60l in one day. I would give more importance to unwinding then built up of OI as a reliable indicator

Very much true. But after a slew of major events with the last one being a huge negative, if operators are immediately building a wall in the next series, they must be really confident of defending the fort, right?

 

[Option.Trader]

Very much true. But after a slew of major events with the last one being a huge negative, if operators are immediately building a wall in the next series, they must be really confident of defending the fort, right?

Let me share my experience going along these very lines. Sold 6300 pe @84, saw it coming towards 25 with no catastrophe in sight with OI built up and then ended up removing at a 20 point stop loss when it unwinded without rhyme or reason.so the fort was built with sand on a beach at high tide