PUT and CALL options

[timepass]

Re: DEC.8 DEC series Day.7 NIFTY=8438 (-100)

It is funny to see the same range ,even after such a drastic fall of 100 Nifty points.
8300CE or even 8200CE ,total open interest ,missed by a just by whisker. Otherwise
these Strikes on CALL side are added.

I guess a similar situation (in reverse) existed a few days ago when the closing was near the upper border and the index actually crossed the upper border (8600) intraday.

 

[columbus]

Re: DEC.8 DEC series Day.7 NIFTY=8438 (-100)

I guess a similar situation (in reverse) existed a few days ago when the closing was near the upper border and the index actually crossed the upper border (8600) intraday.

You mean this.
http://www.traderji.com/options/66083-put-call-options-3.html#post1029948
Good memory.

 

[timepass]

Re: DEC.8 DEC series Day.7 NIFTY=8438 (-100)

You mean this.
http://www.traderji.com/options/66083-put-call-options-3.html#post1029948
Good memory.

Actually I was thinking more about 28th Nov when the index made a high of 8617 and closed at 8588, and the range was 8600-8400; and 1st December when the index made a high of 8623 (and closed at 8556) and still the range was 8600-8400... On both the days it crossed the upper border but the option data as per this thread didn't show much enthusiasm for the higher levels.

In the coming days it will be interesting to note which moves first, the floor or the ceiling, and the direction of the move.

 

[columbus]

Re: DEC.8 DEC series Day.7 NIFTY=8438 (-100)

Actually I was thinking more about 28th Nov when the index made a high of 8617 and closed at 8588, and the range was 8600-8400; and 1st December when the index made a high of 8623 (and closed at 8556) and still the range was 8600-8400... On both the days it crossed the upper border but the option data as per this thread didn't show much enthusiasm for the higher levels.

In the coming days it will be interesting to note which moves first, the floor or the ceiling, and the direction of the move.

If either ceiling or floor moves alone ,then there is a problem .If both move in one direction,
we are safe.

 

[columbus]

DEC.9 DEC series Day.8 NIFTY=8341 (-97)

The Expected Zone has expanded downwards to (8600~8300) from (8600~8400).


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)


5 strikes on CALL side and 5 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

 

[columbus]

Taking a break to attend a marriage ,will be back on Monday.

 

[columbus]

DEC.15 DEC series Day.12 NIFTY=8220 (-5)

The Expected Zone has moved downwards to (8450~8200).


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)


4 strikes on CALL side and 4 strikes on PUT side from the current strike ,as shown ,are analyzed.


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

After 9 months ,perhaps we are ending this series on NEGATIVE note.

 

[timepass]

Re: DEC.15 DEC series Day.12 NIFTY=8220 (-5)

After 9 months ,perhaps we are ending this series on NEGATIVE note.

Too early to say

Anyway, a lot depends on what goes on in the Parliament which is in session; and on the results of the two state assemblies. The results are on 23rd December, I think (expiry on 24th).

 

[columbus]

DEC.16 DEC series Day.13 NIFTY=8068 (-152)

The Expected Zone has moved downwards rather violently to (8350~8000).


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

Total-OI around 2 Million defined the boundaries now.

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

In this series so far we have lost over 425 Nifty points ,and gaining these points in the
rest of the series is a HERCULEAN task.

 

[ankurpcl]

when markets are driving because of panic and greeds any level not matter much. Avoid predicting any levels stay calm and just buy puts premium 50 or less in last 1 hr of trade and close same in morning after 1 hour of trade. Do this for entire series and you will be surprised by cumulative gains created by expiry day.