PUT and CALL options

[columbus]

July.8 JULY-series Day.8 Nifty= 7623 (-164)

The Expected Range is at (7500~7800) for SECOND day.

4 strikes below and 4 strikes above the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold.


Indicative Option Chain of today based on today's Open interest looked as follows:

 

[columbus]

July.9 JULY-series Day.9 Nifty= 7585 (-38)

The Expected Range is at (7500~7800) for THIRD day.

5 strikes below and 5 strikes above including the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold.

Though in CALL direction the movement is showed WEAK (based on TODAY'S OI)
but it is STRONG indicated by Yellow Bold colour. Moreover the Open Interest of
XX50 strikes is strong.(Personal View)

 

[HARIVEL]

xx50

 

[columbus]

xx50

Strikes 7250,7350,7450,7550,etc............

 

[columbus]

July.10 JULY-series Day.10 Nifty= 7568 (-17)

The Expected Range is at (7500~7800) for FOURTH day.

5 strikes below and 5 strikes above the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold.
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics.

Though in CALL direction the movement is showed WEAK (based on TODAY'S OI)
but it is STRONG indicated by Yellow Bold colour. Moreover the Open Interest of
XX50 strikes is strong.(Personal View)

 

[parmit]

Re: July.10 JULY-series Day.10 Nifty= 7568 (-17)

The Expected Range is at (7500~7800) for FOURTH day.

5 strikes below and 5 strikes above the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold.
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics.

Though in CALL direction the movement is showed WEAK (based on TODAY'S OI)
but it is STRONG indicated by Yellow Bold colour. Moreover the Open Interest of
XX50 strikes is strong.(Personal View)

bro,
how to understand this weak and strengthening OI

 

[columbus]

July.11 JULY-series Day.11 Nifty= 7460 (-108)

The Expected Range has moved down to (7400~7700) from (7500~7800).

5 strikes below and 5 strikes above the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics. (If any)

 

[columbus]

Re: July.10 JULY-series Day.10 Nifty= 7568 (-17)

bro,
how to understand this weak and strengthening OI

These are STANDARD terms used in describing Options ,may be observed over a time.

 

[columbus]

July.14 JULY-series Day.12 Nifty= 7454 (-6)

The Expected Range is at (7400~7700) for SECOND day.

5 strikes below and 5 strikes above the current strike ,are analyzed.

Open Interest (Today) over 5 Lakhs is indicated in YELLOW bold. (If any)
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics. (If any)

 

[columbus]

The series so far ....