PUT and CALL options

[columbus]

Re: November series

Hi Columbus,

I guess, these tables are from NSE.
What I need to understand is how these outlined rectangles appear on call side & put side?

Is there any Excel sheet for this? Whats the logic behind these rectangles?

Thanks & regards,
Gaur_Krishna

Hi Gaur_Krishna,

Yes ,the data is from NSE.Columns ASK/BID rates and quantity are removed.

I wrote to NSE authorities many times to give Option Chain data in Descending order.
The LOGIC is ,if NIFTY has moved UP ,we are forced to plot the CURRENT position
DOWNSIDE.It is quite ridiculous.Any way ,it is not a great problem ,I took help of
EXCEL to SORT data in Descending order.

When Open Interest changes ABNORMALLY ,it gives a boundary.Perhaps the picture
below gives a good insight.

But mind you ,the figures keep on increasing with time and I mention the same in my post
everyday.

Option chain based on TODAY'S Open Interest looked like this:

(Please note ,the boundaries of extremes (OTM options) are redefined as TOTAL-Open interest of around 5 million for PUTS and around 2 million for CALLS.)

This image has been resized. Click this bar to view the full image. The original image is sized 992x381.

 

[columbus]

Nov.20 NOV series Day.13 NIFTY=8402 (20)

The Expiry Zone is reduced to single strike 8400 from (8400~8300) .

Excepting FIRST day ,the entire series is more or less FLAT.May that is the reason the
current position was almost on TOP of the range or OUTSIDE the top range.


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)


3 strikes and 3 strikes around the current strike ,as shown ,are analyzed.


Option chain based on TODAY'S Open Interest looked like this:

(Please note ,the boundaries of extremes (OTM options) are redefined as TOTAL-Open interest of around 5 million for PUTS and around 4 million for CALLS.)

 

[stock72]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

just for fantasy ...

if any one from Jan bot nifty futures and rolled every month ( only on expiry day and sleep remaining day )
with the power of cumulative and with a capitial of 1 lakh he might have 40 lakhs (aprox ) as of today !!!!!!!!!!!!!!!!

and still we are saying we are traders

The Expiry Zone is reduced to single strike 8400 from (8400~8300) .

Excepting FIRST day ,the entire series is more or less FLAT.May that is the reason the
current position was almost on TOP of the range or OUTSIDE the top range.


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)


3 strikes and 3 strikes around the current strike ,as shown ,are analyzed.


Option chain based on TODAY'S Open Interest looked like this:

(Please note ,the boundaries of extremes (OTM options) are redefined as TOTAL-Open interest of around 5 million for PUTS and around 4 million for CALLS.)

 

[columbus]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

just for fantasy ...

if any one from Jan bot nifty futures and rolled every month ( only on expiry day and sleep remaining day )
with the power of cumulative and with a capitial of 1 lakh he might have 40 lakhs (aprox ) as of today !!!!!!!!!!!!!!!!

and still we are saying we are traders

........for FUN sake

ONE Lakh would give you 3 lots (at that time) of 50 each.(30k is required for a lot)

If one took 3 lots in February ,the total points amassed is 165+403+199+395+257+228+233+215=2095 till end of SEPT.
So the total is 2095*3*50=3,14,250.

 

[timepass]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

........for FUN sake

ONE Lakh would give you 3 lots (at that time) of 50 each.(30k is required for a lot)

If one took 3 lots in February ,the total points amassed is 165+403+199+395+257+228+233+215=2095 till end of SEPT.
So the total is 2095*3*50=3,14,250.

roughly 2000 pts counting the costs of trade.

Even for a conservative trader, who may not be interested in a leveraged instrument like the futures, Niftybees would provide 30% return. If you bought 150 niftybees on 1st Jan at 638Rs and sold at 850 today, you would still make about 32000 Rs. A great return.

BTW, did anyone watch niftybees today ??? Made a high of 909.6 !!

Columbus, this month must've been a killer on the option buyers ??

 

[columbus]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

roughly 2000 pts counting the costs of trade.

Even for a conservative trader, who may not be interested in a leveraged instrument like the futures, Niftybees would provide 30% return. If you bought 150 niftybees on 1st Jan at 638Rs and sold at 850 today, you would still make about 32000 Rs. A great return.

BTW, did anyone watch niftybees today ??? Made a high of 909.6 !!


Columbus, this month must've been a killer on the option buyers ??

Yes .Flatness of Nifty ,is really bothersome.

Not watching Niftybees.I should watch now onwards.

 

[timepass]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

Yes .Flatness of Nifty ,is really bothersome.

Not watching Niftybees.I should watch now onwards.

165 pts range this month.. NR7 month

 

[stock72]

Re: Nov.20 NOV series Day.13 NIFTY=8402 (20)

ii said compounding..
at the end of feb his lots will be increased using feb profit too ..
:rofl::rofl:

........for FUN sake

ONE Lakh would give you 3 lots (at that time) of 50 each.(30k is required for a lot)

If one took 3 lots in February ,the total points amassed is 165+403+199+395+257+228+233+215=2095 till end of SEPT.
So the total is 2095*3*50=3,14,250.

 

[Gaur_Krishna]

With strong upmove, range expanded to 8350 to 8500
Lets see what Columbus posts

Regards,
Gaur_Krishna

 

[columbus]

Nov.21 NOV series Day.14 NIFTY=8477 (75)

The Expiry Zone has expanded to (8500~8400) from 8400.


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)


3 strikes on PUT side and 1 strike on CALL side from the current strike ,as shown ,are analyzed.


Option chain based on TODAY'S Open Interest looked like this:

(Please note ,the boundaries of extremes (OTM options) are redefined as TOTAL-Open interest of around 6 million for PUTS and around 4 million for CALLS.)

Exception:

On PUT side ,the TOTAL OI ,is taken as 6 Million.Accordingly 8400PE should be
taken as one boundary. A huge OI-Today of around 2 million is seen at 8500PE.
Hence 8500PE is also included ,even though ,the TOTAL-OI is little over 3 Million.

Though CALL side is indicated STRONG based on TODAY's Interest ,but a huge interest is seen on PUT side also.

Better to adopt wait and watch policy on Monday.