PUT and CALL options

[columbus]

Feb Series FEB.5 day.3 Nifty=5957 (-30)

Feb Series, Nifty (3D) closed like this:
DDD

Expected Zone moved down to (6200~5900) from (6200~6000).

The current position of NIFTY is at the bottom boundary of Expected zone.

Total strikes in CALL window:6
Total strikes in PUT window :8

Yellow colour indicates Today-OI greater than 0.5M.
As many as 4 strikes in PUT window ,show YELLOW colour ,in contrast to
just 2 strikes in CALL window.How ever PUT active zones (BOX) are quite
FAT in comparison to CALL active zone (BOX) in [in Expected zone].

 

[columbus]

Feb Series FEB.6 day.4 Nifty=5959 (2)

Feb Series, Nifty (3D-1U) closed like this:
DDDU

Expected Zone has turned into Expiry zone with 6200 strike turning into PENNY (less than 10 Rs.).
The Expiry zone is effectively (6100~5900).

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6
Total strikes in PUT window :8

Yellow colour indicates Today-OI greater than 0.5M.
ONE strike in PUT window ,show YELLOW colour ,in contrast to
just 2 strikes in CALL window.The likelyhood of POSITIVE movement
is on Cards.(personal view)

 

[columbus]

Nifty was (3D-1U) but Bank nifty was 4D ,straight away.I was a bit reluctant
to put "U" to nifty as it was DOWN almost through out the day,to be more
specific from 11 to till end.It showed sign of recovery in the initial stages from start to 11AM.

 

[columbus]

FEB.7 FEB-series Day.5 Nifty=5939 (-20)

Feb Series, Nifty (4D-1U) closed like this:
DDDUD

Expected Zone has turned into Expiry zone with 6200 strike turning into PENNY (less than 10 Rs.).
The Expiry zone is effectively (6100~5900) for SECOND day in row.

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6
Total strikes in PUT window :8

Yellow colour indicates Today-OI greater than 0.5M.
Three strikes in PUT window ,show YELLOW colour ,in contrast to
just 2 strikes in CALL window.We have almost 6 days in red in row,
(considering last DOWN day in previous series and one UP day in this series,
which was barely 2 points ,which hardly qualifies for UP day as MARKETS
were down thoughout.)The likelyhood of POSITIVE movement
is on Cards.(personal view)

 

[sunbim31]

Hello Columbus
Nice initiative.Is the excel sheet available for us to use? If so can you or somebody please provide me the active link to down load?
Thanking in anticipation

 

[columbus]

Hello Columbus
Nice initiative.Is the excel sheet available for us to use? If so can you or somebody please provide me the active link to down load?
Thanking in anticipation

This option chain is taken from NSE website ,with few modifications in format
only.The data are provided from 4400 strike to 7700 strike,which we do not
require all.Only relevant portions are taken.

 

[columbus]

FEB.8 FEB-series Day.6 Nifty=5904 (-35)

Feb Series, Nifty (5D-1U) closed like this:
DDDUDD

The Expiry zone is effectively (6100~5900) for THIRD day in row.

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6
Total strikes in PUT window :8

Yellow colour indicates Today-OI greater than 0.5M.
Three strikes in PUT window ,show YELLOW colour ,and 3 strikes in CALL window.We have almost 7 days in red in row,
(considering last DOWN day in previous series and one UP day in this series,
which was barely 2 points ,which hardly qualifies for UP day as MARKETS
were down thoughout.)

 

[columbus]

FEB.11 FEB-series Day.7 Nifty=5898 (-6)

Feb Series, Nifty (6D-1U) closed like this:
DDDUDDD

The Expiry zone is effectively (6100~5900) for FOURTH day in row.

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6
Total strikes in PUT window :8

Yellow colour indicates Today-OI greater than 0.5M.
Grey colour indicates Today-OI lesser than -0.5

 

[columbus]

FEB.12 FEB-series Day.8 Nifty=5823 (25)

Feb Series, Nifty (6D-2U) closed like this:
DDDUDDDU

The Expiry zone is effectively (6100~5900) for FIFTH day in row but with a
small difference ,in this zone no penny strikes.(White font strikes).
(Expiry to Expected zone again)

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6 (Yesterday=6)
Total strikes in PUT window :7 (Yesterday=8)

Yellow colour indicates Today-OI greater than 0.5M.
Grey colour indicates Today-OI lesser than -0.5

 

[columbus]

FEB.13 FEB-series Day.9 Nifty=5833 (10)

Feb Series, Nifty (6D-3U) closed like this:
DDDUDDDUU

The Expiry zone is effectively (6100~5900) for SIXTH day in row but with a
small difference ,in this zone has no penny strikes.( that is,White font strikes).
(Expiry to Expected zone again)

The current position of NIFTY is at the bottom boundary of Expiry zone.

Total strikes in CALL window:6 (Yesterday=6)
Total strikes in PUT window :7 (Yesterday=7)

Yellow colour indicates Today-OI greater than 0.5M.
Grey colour indicates Today-OI lesser than -0.5

PUT window has both the colours ,while CALL window has NO colours.
Looks like another choppy day with NEGATIVE bias tomorrow.(personal view)
Today ,both CALLs and PUTs have lost small amounts ,which is evident
from CHANGE.