PUT and CALL options

[vikrit]

Re: JUN series DAY-19 Nifty=5142 (21)

In this JUN series we have 6 DOWN and 13 UP days as follows.
DUUUUUDUUDUDUUUDDUU


This generally happens on EXPIRY DAY.But it has happened a day before
in this expiry in series.[All Strikes are in WHITE font.]

At what time you copy this data from nse site?

 

[columbus]

Re: JUN series DAY-19 Nifty=5142 (21)

At what time you copy this data from nse site?

Hi Vikrit,
I copy the data at around 5PM.Sometimes if I copy data before 5 PM,I found
differences.Even after copying data after 5PM,I did observe differences.If the
differences is SMALL,I ignore it, otherwise I mention the same in my
report.

 

[columbus]

i request u to post some write-ups as to, when and which strategy, to go for, in options, under different conditions upto expiry cycle.
or if u have already written such a post, pl. direct me to the same
Thanx

Hi niludeepak,

If PCR is more than ONE,theoretically more PUTs in the market than CALLs.
Markets should fall.But some times the market rises ,this is because ,more PUTs are written.
That is why ,I will give the data as available in NSE, if possible interpretation.
Writing about things like Theta,Gamma,Delta,Open Interest,PCR,etc....
will help in dealing the options.You will find many more and in detail in
DANPICKUP's thread in Options.

PCR:

It is the ratio of the volume of put options traded to the volume of call
options traded.Some believe that a high PCR means more number of Puts
have been written and markets should go ahead.Others believe in entire
opposite view.

 

[vikrit]

Re: JUN series DAY-19 Nifty=5142 (21)

Hi Vikrit,
I copy the data at around 5PM.Sometimes if I copy data before 5 PM,I found
differences.Even after copying data after 5PM,I did observe differences.If the
differences is SMALL,I ignore it, otherwise I mention the same in my
report.

that is the problem. how to know nse site showing correct or not, specially in last minutes of market?. like yesterday data changed drastically, 5200 ce was have + lakhs change in OI around 4PM, but in your image and in bhavcopy it is very less.

today in 5200 CE now showing -63,350 OI change, in bhavcopy and your image different i.e. -450,700. so, how to get reliable figures while market hours?

 

[niludeepak]

columbus sir,

actually my request is that u write about:

when to go for spreads or
when to go for straddles or
when to go for strangles etc,

which strikes to select,

under different conditions, like, the width of expected/ expiry zones, a particular strike option adding/losing OI etc.

i don't find a clear write up on the same,i m sorry, i m not dictating but, i don't expect an answer like ' it depends on individual preferences ' etc.

 

[columbus]

Re: JUN series DAY-19 Nifty=5142 (21)

that is the problem. how to know nse site showing correct or not, specially in last minutes of market?. like yesterday data changed drastically, 5200 ce was have + lakhs change in OI around 4PM, but in your image and in bhavcopy it is very less.

today in 5200 CE now showing -63,350 OI change, in bhavcopy and your image different i.e. -450,700. so, how to get reliable figures while market hours?

Earlier some friends pointed out these mistakes.I concluded that this was due
to taking data at early time.So I started taking data after 5PM or 5.30PM.
I generally open up INDIVIDUAL strikes to ascertain the facts.(3 strikes above
and 3 strikes below the present value).Most of the times it will tally.If difference
is small ,I will ignore it.In any case bhavcopy is FINAL as it is circulated
widely and many will follow it.

 

[columbus]

columbus ,

actually my request is that u write about:

when to go for spreads or
when to go for straddles or
when to go for strangles etc,

which strikes to select,

under different conditions, like, the width of expected/ expiry zones, a particular strike option adding/losing OI etc.

i don't find a clear write up on the same,i m sorry, i m not dictating but, i don't expect an answer like ' it depends on individual preferences ' etc.

Hi niludeepak,
I am not an expert to talk about on Spreads,Strangles and Straddles.
Just I am presenting OPTION data in neat way.

There is a website ,which discuss many things like,
NIFTY FUTURES DETAILS
TOP TRADED FUTURES
TOP TRADED OPTIONS
TOP OPEN INTEREST (Stocks)
TOP INCREASE IN OPEN INTEREST(Stocks)
TOP DECREASE IN OPEN INTEREST(Stock)
www . stocksfortune. com/FOReport
Remove "spaces(3)" from above address.But data is available at around 6pm.
Information is pretty useful.

 

[columbus]

JUN series DAY-20 Nifty=5149 (7) END

In this JUN series we have 6 DOWN and 14 UP days as follows.
DUUUUUDUUDUDUUUDDUUU

(Wide variations in individual strikes are observed.Anyway it has just academic
interest)

 

[columbus]

JUL series Day-1 (START) Nifty=5279 (130)

In this JUL series we have 1 UP day.

This series started with a bang.


The Expected Zone is around 5000~5400.

The chances of Nifty climbing UP are more because almost 50% of PUT window
is filled with WHITE font.Just ,this is first day of new series.
Strangely even 4200PE has 2M total interest.

The significant OI additions / shedding are marked.

PCR:

It is the ratio of the volume of put options traded to the volume of call
options traded.Some believe that a high PCR means more number of Puts
have been written and markets should go ahead.Others believe in entire
opposite view.Same thing holds good in case of OPEN INTEREST also.

 

[columbus]

JUL series Day-2 Nifty=5279 (0)

In this JUL series we have 1 UP & 1 NO change day.

The Expected Zone is continued to be 5000~5400.
Today 5600CE has turned into penny .(<10 Rs)

The significant additions/sheddings in this zone ,are indicated in the chart.

Strangely enough 4200PE has 2M total interest.

PCR:

It is the ratio of the volume of put options traded to the volume of call
options traded.Some believe that a high PCR means more number of Puts
have been written and markets should go ahead.Others believe in entire
opposite view.Same thing holds good in case of OPEN INTEREST also.