PUT and CALL options

[columbus]

MAR.12 MAR-series Day.8 Nifty=5914 (-28)

The Expiry zone moved up to (6000~5700) for SIXTH day in row.


Total strikes in CALL window:4+5(penny) [5+4(penny).....Yesterday]
Total strikes in PUT window :5+4(penny) [4+4(penny).....Yesterday]

Yellow colour indicates OI-Today more than +0.5M.
Grey colour indicates OI-Today more than -0.5M.

There is sea of Yellow on PUT side.

Since a number of strikes involved ,nifty(14) and Banknifty (15),the time
decay will be severe this time.

 

[columbus]

MAR.13 MAR-series Day.9 Nifty=5851 (-63)

The Expiry zone moved up to (6000~5700) for SEVENTH day in row.


Total strikes in CALL window:5+4(penny) [4+5(penny).....Yesterday]
Total strikes in PUT window :6+3(penny) [5+4(penny).....Yesterday]

Yellow colour indicates OI-Today more than +0.5M.
Grey colour indicates OI-Today more than -0.5M.


Since a number of strikes involved ,nifty(14) and Banknifty (14),the time
decay will be severe this time.

Total-OI in the Zone:
CALL side: 19M(Yesterday:17M)
PUT side : 33M(Yesterday:34M)

 

[columbus]

MAR.14 MAR-series Day.10 Nifty=5909 (58)

We are half way through this series.

The Expiry zone moved up to (6000~5700) for EIGHTH day in row.


Total strikes in CALL window:5+4(penny) [5+4(penny).....Yesterday]
Total strikes in PUT window :5+4(penny) [6+3(penny).....Yesterday]
Lot of Unwinding of positions on PUT side was seen.

Yellow colour indicates OI-Today more than +0.5M.
Grey colour indicates OI-Today more than -0.5M.


Total-OI in the Zone:
CALL side: 18M(Yesterday:19M)
PUT side : 31M(Yesterday:33M)

 

[timepass]

I think that we are more than half-way in the series. 9 sessions left (27th is a holiday, isn't it ?)

 

[praveen taneja]

Bro are you using this for real trade and what is its winning % If ans is yes???

 

[timepass]

Bro are you using this for real trade and what is its winning % If ans is yes???

Not me. But it gives a good idea of the range, beyond which the options are likely to suffer more time decay. I think straddle/strangle players can benefit from this data.

 

[columbus]

Bro are you using this for real trade and what is its winning % If ans is yes???

Hi Praveen Taneja,

It is helping me to be on right side as far as possible.I always keep in the mind,
the cross-section of PUT and CALL windows.But one should keep in mind that
MARKETS ARE HIGHLY MANIPULATED.For example ,today inflation figure came
at 6.8 vs 6.5.The figure was expected to be 6.4 this time.Still the markets went
up.May be some POSITIVE development from RBI side for markets.

 

[columbus]

Not me. But it gives a good idea of the range, beyond which the options are likely to suffer more time decay. I think straddle/strangle players can benefit from this data.

To beat TIME DECAY to some extent ,better to take Straddles/Strangles
within the DAY. No positional trades.The problem with Option Players (taking
Strangles/Straddles is ,waiting longtime for Reversals by that time the premium
is eaten away).Better to stick to Naked Options.That means not never NO to
Strangles/Straddles.
1.Loss booking is quick ,in case NAKED options.
2.Averaging can be eliminated.
(Personal Views only)

 

[columbus]

MAR.15 MAR-series Day.11 Nifty=5873 (-36)

The Expiry zone moved up to (6000~5700) for NINTH day in row.
Nine out of 11 days so far.


Total strikes in CALL window:4+5(penny) [5+4(penny).....Yesterday]
Total strikes in PUT window :4+5(penny) [5+4(penny).....Yesterday]
Lot of Unwinding of positions on PUT side was seen.

Yellow colour indicates OI-Today more than +0.5M.
Grey colour indicates OI-Today more than -0.5M.


Total-OI in the Zone:
CALL side: 18M (Yesterday:18M)
PUT side : 28M (Yesterday:31M)

Looks like a choppy session ahead ???

 

[columbus]

MAR.18 MAR-series Day.12 Nifty=5835 (-38)

The Expiry zone stands at (6000~5700) for TENTH day in row.



Total strikes in CALL window:4+5(penny) [4+5(penny).....Yesterday]
Total strikes in PUT window :4+5(penny) [4+5(penny).....Yesterday]
Lot of Unwinding of positions on PUT side was seen.

Yellow colour indicates OI-Today more than +0.5M.
Grey colour indicates OI-Today more than -0.5M.


Total-OI in this Zone:
CALL side: 19M (Yesterday:18M)
PUT side : 27M (Yesterday:28M)

2 strikes apiece in both CALL side & PUT side are in YELLOW.
5900CE missed 0.5M (Total-OI) by whisker.
Looks like another choppy day with POSITIVE bias tomorrow.(Personal View)