NIFTY Options Trading by RAJ

[Option.Trader]

79l OI on 5500ce and 77l on 5400pe side, FII have liquidated future longs and pumped in 55k on call longs, hard to believe that Nifty may be in a range at expiry between 5400-5500 seeing options data

 

[manojborle]

79l OI on 5500ce and 77l on 5400pe side, FII have liquidated future longs and pumped in 55k on call longs, hard to believe that Nifty may be in a range at expiry between 5400-5500 seeing options data

Sir Sorry if you are saying 5400 -5500 range from the chart , range i am saying is 6100 to 5400 on weekly chart.
I will edit the chart if it is misleading...
5544 - 5477 which I have drawn was support zone for me on weekly chart and above 6100 resistance zone..
So It forms a trading range of 6100 - 5400...

Thanks

 

[DanPickUp]

79l OI on 5500ce and 77l on 5400pe side, FII have liquidated future longs and pumped in 55k on call longs, hard to believe that Nifty may be in a range at expiry between 5400-5500 seeing options data

Can you also see how many new short futures have been established? Just wondering.

Take care / DanPickUp

 

[Option.Trader]

Can you also see how many new short futures have been established? Just wondering.

Take care / DanPickUp

7k fresh shorts in future and unwinding of 10k longs with net oi coming down. I'll post the chart in a while

 

[Option.Trader]

7k fresh shorts in future and unwinding of 10k longs with net oi coming down. I'll post the chart in a while

It was a surprize close yesterday.. seeing the shorting by FII's on Thursday led me to believe that Friday would be another massacre... Still FII's are net short in Index futures and shorting at higher levels... interesting to see if they would still be able to pull down Nifty.. seem to be exhausting

 

[prabhsingh]

SPOT Nifty is in second (ii) small wave of bigger 3 wave in downtrend.Once second (ii) small wave get finish at whatever level small (iii) of bigger 3 wave should bring tsunami in the market because that will be very fast from downside perspective.

 

[jagankris]

It was a surprize close yesterday.. seeing the shorting by FII's on Thursday led me to believe that Friday would be another massacre... Still FII's are net short in Index futures and shorting at higher levels... interesting to see if they would still be able to pull down Nifty.. seem to be exhausting

I believe that this is a false rally with respect to this expiry.
May be 5510 to 5550 is my guess will be the top.
FII's are sitting with 1Million lots of puts.
Why would they pump more money in the markets to expire their puts ?

 

[Option.Trader]

I believe that this is a false rally with respect to this expiry.
May be 5510 to 5550 is my guess will be the top.
FII's are sitting with 1Million lots of puts.
Why would they pump more money in the markets to expire their puts ?

True, but you cant look at it singularly... they would have hedged it, put complex synthetics...it'll be interesting to see how it behaves... whether they still have firepower to sustain the counter trends by the pro's and clients... but as the previous freak trade shows.. just a basket of 50 crores of index stocks is enough to nudge the trade towards your favor..as of now expiry in the range of 5400-5500 looks more likely.. maybe they will start afresh next month?

 

[jagankris]

True, but you cant look at it singularly... they would have hedged it, put complex synthetics...it'll be interesting to see how it behaves... whether they still have firepower to sustain the counter trends by the pro's and clients... but as the previous freak trade shows.. just a basket of 50 crores of index stocks is enough to nudge the trade towards your favor..as of now expiry in the range of 5400-5500 looks more likely.. maybe they will start afresh next month?

FII's are short..
But yes they are increasing their stock positions in futures.
Pro's are short.
Retail + DII are buyers.
Just because of a long tailed Doji in the weekly charts I am finding it hard to believe that the markets are reversing.
September Options prices indicating a range bound markets ahead.
Let us wait and see .

 

[DanPickUp]

@Option.Trader

Thanks to post the screen shot. As you know me, I usually do not make any comment about where any market may could go. Some times our analyzes work and other times we are surprised about our thoughts.

After analyzing your data on the screen shot you posted and after seeing and analyzing the chart from Manojborle, we have now two tools for an analyzes. The third one: Calendar events and the fourth one: FA, is missing to what I now say.

In my view and with the given data now and the given chart: There is a high probability that your market could move up until expiration. Why? Most simple analyzes: Hammer on a bigger time frame on the chart (Weekly) and a put call ratio from 2:1. Just those two little tools in combination short before expiry can give information about a possible short time trend. Did you ever look at it this way?

Take care / DanPickUp