PUT and CALL options

[praveen taneja]

Bro view needed on this
http://www.traderji.com/trading-psychology/39619-current-news-rumours-mkt-52.html#post984300

 

[columbus]

July.17 JULY-series Day.15 Nifty= 7640 (16)

The Expected Range is at (7400~7700) for FIFTH 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. (If any)
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics. (If any)

Highly choppy day,today.
Since we are closer to TOP boundary , a bit caution is required.

 

[timepass]

Re: July.17 JULY-series Day.15 Nifty= 7640 (16)

Highly choppy day,today.
Since we are closer to TOP boundary , a bit caution is required.

Yeah, maybe it will reverse and go near the BOTTOM boundary

 

[Riskyman]

Re: July.17 JULY-series Day.15 Nifty= 7640 (16)

Yeah, maybe it will reverse and go near the BOTTOM boundary

I am in prayers for the same along side you :clap:

 

[Riskyman]

Hi Riskyman,

I am a bit not in favour of WRITING options ....................Now a simple question "Can not make ,just 8Rs in 10 odd days (till the Expiry)?"

Thanks or your reply. I'm aware of how writing works. What I was wondering was that since initially 7500 PEs were heavily written it was assumed that the floor for the market was 7500 which got breached and then traders started talking about how markets would slip to 7300 levels. Then we saw 7300 PEs being written for a day or so. My intended question was if you opined that the floor was now 7300 on the lower side or if 7500 still held or could we go towards 7300?

Of course with today's small run up I would assume we still have potential to go up another 50-60 odd points. Question now is what happens when we get to the top at 7700.

 

[columbus]

July.18 JULY-series Day.16 Nifty= 7664 (24)

The Expected Range is at (7400~7700) for SIXTH 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. (If any)
Open Interest (Today) less than 5 Lakhs is indicated in YELLOW italics. (If any)

 

[timepass]

Re: July.18 JULY-series Day.16 Nifty= 7664 (24)

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

Can you please put in your comments on premium erosion/gain during these six days ?

 

[columbus]

Re: July.18 JULY-series Day.16 Nifty= 7664 (24)

Can you please put in your comments on premium erosion/gain during these six days ?

 

[abcpankaj]

Here is one more interesting approach to guess market ranges , using options.

http://www.zentrader.ca/blog/?p=23448

Post is a bit long , but its worth the time.

regards

 

[columbus]

July.21 JULY-series Day.17 Nifty= 7684 (20)

The Expected Range is at (7500~7700) from (7400~7700).

3 strikes below and 3 strikes above including 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)