NIFTY Options Trading by RAJ

[soumanag]

w.r.t the OPTSTK data, I see that does not helps at all. Historical evidences support this view for almost every stock. I had a look today at Ashok leyland, reliance, hdil, sbi. all of them have risen since start of april expiry, in nearly the same proportion as nifty. however, their CE/PE ratio is almost the same since it was on 26 / 27 march (april series), even though they had their run throughout these 10 days.

IMO option chain analysis works best for index future sine it is not very much susceptible to movement due to non systemic news and manipulation (not sure of / checked for CNX IT, third major traded index).
The analysis may be some what relevant for LIX 15 stocks. The problem with stock options is less liquidity therefore low COI on daily basis.
Btw how did you check historic trend for OI ? If you have source for OI historic data can you please share, have been looking for them for a long time.

 

[agos]

List of LIX 15 for ready reference from nse site -

Adani Ports and Special Economic Zone Ltd.
Axis Bank Ltd.
Bank of Baroda
Bharat Heavy Electricals Ltd.
Bharat Petroleum Corporation Ltd.
Hindalco Industries Ltd.
IDFC Ltd.
JSW Steel Ltd.
Jindal Steel & Power Ltd.
Reliance Communications Ltd.
Sesa Sterlite Ltd.
State Bank of India
Tata Motors Ltd.
Tata Steel Ltd.
Yes Bank Ltd.

 

[soumanag]

List of LIX 15 for ready reference from nse site -

Adani Ports and Special Economic Zone Ltd.
Axis Bank Ltd.
Bank of Baroda
Bharat Heavy Electricals Ltd.
Bharat Petroleum Corporation Ltd.
Hindalco Industries Ltd.
IDFC Ltd.
JSW Steel Ltd.
Jindal Steel & Power Ltd.
Reliance Communications Ltd.
Sesa Sterlite Ltd.
State Bank of India
Tata Motors Ltd.
Tata Steel Ltd.
Yes Bank Ltd.

Ok, I dont think Option chain analysis would work for most of the LIX stocks
I mean look at them, barring 3 -4 they don't seem to be that heavily traded. Better to go for stocks which are common for both LIX & NIFTY 50 e.g Tata motor, Axis, BOB etc

 

[rahulmalik]

IMO option chain analysis works best for index future sine it is not very much susceptible to movement due to non systemic news and manipulation (not sure of / checked for CNX IT, third major traded index).
The analysis may be some what relevant for LIX 15 stocks. The problem with stock options is less liquidity therefore low COI on daily basis.
Btw how did you check historic trend for OI ? If you have source for OI historic data can you please share, have been looking for them for a long time.

Its all here, on the nse website, find the link below -

http://www.nseindia.com/products/content/derivatives/equities/archieve_fo.htm

just chose date and bhavcopy, u find it all there

 

[hardik229]

Any one please guide me how to add picture?

I have a query on volatility graph in OAT tool. Wanted to understand it.

Thanks..!!
Hardik Shah

 

[timepass]

Any one please guide me how to add picture?

I have a query on volatility graph in OAT tool. Wanted to understand it.

Thanks..!!
Hardik Shah

Click on the link in my signature for instructions on how to upload images/charts.

 

[hardik229]

Thanks Timepass..!!

Still facing some issues, so I will try to explain here.

In the Volatility chart:

8600 - White Line is on top and then Red & Green
8700 - Same as above
8800 - Red on the top, following by white and Green
8900 - Red on the top, following by white and Green
9000 - Red on the top, following by white and Green
9100 - Red on the top, following by white and Green

Trend is showing as declining

What should be the interpretation?

Thanks..!!
Hardik Shah

Click on the link in my signature for instructions on how to upload images/charts.

 

[hardik229]

Its a land slide after 2:50 PM. Can anyone help me understand why it was? Can we predict it earlier with OI today? Please share this information, it would be very helpful to me.

Appreciate your support..!!

Regards,
Hardik Shah

 

[soumanag]

Its a land slide after 2:50 PM. Can anyone help me understand why it was? Can we predict it earlier with OI today? Please share this information, it would be very helpful to me.

Appreciate your support..!!

Regards,
Hardik Shah

Don't know whether this would explain but here it goes:
For last couple of days max OI was 8500 - 9000 (as far as I remember) so the average was 8750. Look where NIFTY ended today
Positional trend was showing Bearish trend due to 9000 call build up.
Massive unwinding @ 8500 today put max OI @ 8600 - 9000 with bearish trend. If we see 8600 PUT unwinding then further bearishness.
However some NIFTY heavyweight results are scheduled to come out in this week so coming days may see more volatility.

 

[hardik229]

Thanks Souma..!!

I understand the unwinding at 8500 and 8600, but I thought its good that new base is being build at 8700. Anyways, this could have been seen earlier?

Thanks..!!
Hardik Shah

Don't know whether this would explain but here it goes:
For last couple of days max OI was 8500 - 9000 (as far as I remember) so the average was 8750. Look where NIFTY ended today
Positional trend was showing Bearish trend due to 9000 call build up.
Massive unwinding @ 8500 today put max OI @ 8600 - 9000 with bearish trend. If we see 8600 PUT unwinding then further bearishness.
However some NIFTY heavyweight results are scheduled to come out in this week so coming days may see more volatility.