PUT and CALL options

[columbus]

May Series Day=10 Nifty=4929 (-37)

First time in this series we have Expiry Zone (4900~5200) because 5300 strike
is in White Font is rather eliminated looking at today's data.

For the FOURTH day in Index was in Red,so be cautious with SHORT positions.

In CALL window OI is added and PUT window OI is lost.

In this series we have 4 UP days and 7 DOWN days:
UUUDDDUDDDD
(After considering Previous Expiry day at the beginning)

 

[columbus]

In this series we have 4 UP days and 7 DOWN days:
UUUDDDUDDDD
(After considering Previous Expiry day at the beginning)

 

[columbus]

May Series Day=11 Nifty=4908 (-21)

The Expiry Zone has moved to because 4800~5100 and the strikes 5200 and
5300 are in White Font.

Technically speaking it is indicating limited movement in CALL direction ,but already Index has lost in 5 days in row.

The Combined OI of both 4600 & 4700 ,is 10M ,whereas Combined OI of 5200 &
5300 is 14M ( Both are already PENNY).It looks as if we are going see an
EXPIRY of 4900.

In this series we have 4 UP days and 8 DOWN days:
UUUDDDUDDDDD
(After considering Previous Expiry day at the beginning)

 

[columbus]

May Series Day=12 Nifty=4943 (35)

The Expiry Zone has expanded to 4800~5200.All CALLS above 5200 are in
White font indicating limited movement ,whereas below 4800 still 2 strikes are in
black font indicating there is room for the Index, to move in downside.

Have a look at the OI -today of 5000PE,5100PE,5200PE ,which all have shed ed
positions.

In this series we have 5 UP days and 8 DOWN days:
UUUDDDUDDDDDU
(After considering Previous Expiry day at the beginning)

 

[timepass]

Re: May Series Day=12 Nifty=4943 (35)

Have a look at the OI -today of 5000PE, 5100PE, 5200PE , which all have shed ed positions.

...........so have the CEs of those strikes.

 

[timepass]

In calls, there is more OI on 14th than on 15th.. isn't that same as shedding OI ??

 

[columbus]

In calls, there is more OI on 14th than on 15th.. isn't that same as shedding OI ??

Yeah.Negative sign means SHEDDING and Positive sign means ADDITION.
But I was talking about 5000,5100 and 5200 strikes.You mentioned strikes
above 5200.They stand example for Shedding.

 

[columbus]

May Series Day=13 Nifty=4858 (-85)

The Expiry Zone has condensed to 4800~5100.
Many PUTS has gained anywhere between 30~90%. In fact some puts gained
more than 100% at one time but lost the earlier gains.
Many CALLS has lost anywhere between 15~85%.

All CALLS in EZ have seen addition of OI,while PUTS in EZ have seen Shedding.
Especially 4800CE & 4900CE saw more than 1M Open Interest.Even the above
statement is indicating otherwise, on longer period we may see downward
movement.

In this series we have 5 UP days and 9 DOWN days:
UUUDDDUDDDDDUD
(After considering Previous Expiry day at the beginning)

 

[columbus]

May Series Day=14 Nifty=4870 (12)

The Expiry Zone has continued to be (4800~5100).
In this zone ,PUT side the change in OI is rather mixed ,but on CALL side
the change in OI is POSITIVE for 2nd day in running.Anyway today's OI
of 4600PE is rather significant with over 1M.

In this series we have 6 UP days and 9 DOWN days:
UUUDDDUDDDDDUDU
(After considering Previous Expiry day at the beginning)

 

[columbus]

May Series Day=15 Nifty=4891 (21)

The Expiry Zone (EZ) has continued to be (4800~5100).
On both sides in EZ ,OI is rather mixed ,but there is some
good addition of OI on PUT at strikes 4600,4700 and 4800
in down direction.

In this series we have 7 UP days and 9 DOWN days:
UUUDDDUDDDDDUDUU
(After considering Previous Expiry day at the beginning)