PUT and CALL options

[columbus]

MARCH series-Day22 ,NiftySpot:5243 (59)

The Expiry Zone is reduced ,drastically to 5200~5300 ,as the series is coming
to end in a couple of days.

In this zone ,On PUT side we have 11.3M options but on CALL side we have
10.8M in Total OI.

Today more than Million LOTS were traded with strike 5200PE.

Mostly action was confined to these 2 strikes.(2CE+2PE=4types)

 

[columbus]

MARCH series-Day23 ,NiftySpot:5195 (-48)

The Expiry Zone is reduced to 5200.
On CALL side 3.4Lakhs and 8.9Lakhs are shed.
The total OI stands at 4.8M (CALL) and 5.5(PUT).
Better to play safe,tomorrow ,without taking HUGE positions.

 

[prabhsingh]

Re: nothing else

I think that's right!

What do you think is right?

 

[columbus]

APR series Nifty=5291 (-42)

The Expected zone is confined to 5200~5400.

The CALL window is looking a bit ODD because 5900CE has OI at 0.99M.

Today both CALLs and PUTs in this zone has lost OI ,except 5400CE.

 

[prabhsingh]

Re: APR series Nifty=5291 (-42)

The Expected zone is confined to 5200~5400.

The CALL window is looking a bit ODD because 5900CE has OI at 0.99M.

Today both CALLs and PUTs in this zone has lost OI ,except 5400CE.

Will that be correct to say that since OI of 5300 Put is -1084350 that means lots of put writing is getting covered.On the other side 5400 OI is still very low which is -605800 and it seems Put writers still not covering their position and expecting market to rise beyond that.It seems expiry will happen somewnere between 5350 to 5450.What do experts have to say for that?

 

[columbus]

Re: APR series Nifty=5291 (-42)

It seems expiry will happen somewhere between 5350 to 5450.

I agree with your above statement.

 

[columbus]

APR series Nifty=5201 (-90)

Almost all active strikes are in WHITE font , except 5100 and 5200.
But 5100 is out of the window.The CALL window is odd looking because 5900 having total OI at 0.9M.
It appears as if EXPIRY is going to be in 5200 strike looking at today's data,contrary to earlier assumptions.

 

[columbus]

APR series Nifty=5223 (22)

EXPIRY is likely to be around 5200 strike ,looking at today's data.
Boring day at markets and lacked fireworks like as yesterday's.
(Of course ,expecting fireworks everyday is too much.)

 

[columbus]

APR series Nifty=5202 (-21)

Looks like EXPIRY is likely to take place around 5200.

 

[columbus]

APR series END Nifty=5189(-13)

April series ended at 5189.
Just to complete formality ,adding this post.