PUT and CALL options

[columbus]

The Expiry zone is at (5700~6000) with 5600 and 5500 ,going out of the Expected zone.

Total strikes in CALL window: 8+2 (penny)
Total strikes in PUT window : 4+4 (penny)


Todayl-OI in this Zone:
CALL side: 0.4 M
PUT side : 2.0 M

There is lot of activity on PUT side ,as evident from above,may be due to
low price of options on PUT side.Looking at today's data,there appears to
be some UP trend.Anyway, it is too early (???????) to take a decision since
the series is LONG.

 

[columbus]

MAY.7 May-Series NIFTY=6044 (73)

The Expiry zone is at (5700~6100).

Total strikes in CALL window: 9+1(penny)[Yesterday:8+2 (penny)]
Total strikes in PUT window : 5+4(penny)[Yesterday:4+4 (penny)]


Total-OI in this Zone:
CALL side: 19 M
PUT side : 29 M

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

There is lot of yellow colour on PUT side.Looks like some down movement
in store.

 

[DanPickUp]

Hi Columbus

Nice to see you back. Wish that you feel better. Most OI you have on 6000. So 6000 seems to be a strong level for who ever.

5900 has the next level which is nearly half of the 6000 level.

5800 has again nearly half of the 6000 level.

So it looks like some play different time frames.

Take care and see you around / DanPickUp

 

[columbus]

Hi Columbus

Nice to see you back. Wish that you feel better. Most OI you have on 6000. So 6000 seems to be a strong level for who ever.

5900 has the next level which is nearly half of the 6000 level.

5800 has again nearly half of the 6000 level.

So it looks like some play different time frames.

Take care and see you around / DanPickUp

Hi Dan,

Thank you.

Looking at Yesterday's Data ,showed (5700~6000) as Expiry Zone with
6100 and 6200 ,with waiting in queue.
But ,looking at Today's Data ,showed (5700~6100) as Expiry Zone with
6200 and 6300 ,with waiting in queue.

But HUGE accumulation on PUT side is seen.

Since it is a big series any thing can happen.

 

[DanPickUp]

Hi Dan,

Thank you.

Looking at Yesterday's Data ,showed (5700~6000) as Expiry Zone with
6100 and 6200 ,with waiting in queue.
But ,looking at Today's Data ,showed (5700~6100) as Expiry Zone with
6200 and 6300 ,with waiting in queue.

But HUGE accumulation on PUT side is seen.

Since it is a big series any thing can happen.

If I analyze the numbers in my way, which are just my two cents and not to value in any way, then market in the shortest time frame has an advantage to move down and in any other time frame to move up. Lets see what happens.

Take care old sailor and Spanish world conqueror / Most important: Happy to see you healthy / DanPickUp

 

[columbus]

MAY.8 May-Series Day.8 NIFTY=6069 (25)

The Expiry zone is at (5700~6100).

Total strikes in CALL window: 9+1(penny)[Yesterday:9=1 (penny)]
Total strikes in PUT window : 5+4(penny)[Yesterday:5+4 (penny)]

 

[DanPickUp]

Re: MAY.8 May-Series Day.8 NIFTY=6069 (25)

Well, demand for the puts is very strong as the IMV shows. The calls now really start to get overpriced. Wondering if these are all naked longs or hedging positions on the put side. OI in total is put heavy. PC ratio now gets interesting.

Edit: Not put, calls get over priced.

 

[timepass]

5700-6100 .. 2nd day. And we are so close to 6100 !!! Is it the ceiling for now ?

 

[columbus]

Re: MAY.8 May-Series Day.8 NIFTY=6069 (25)

5700-6100 .. 2nd day. And we are so close to 6100 !!! Is it the ceiling for now ?

Well, demand for the puts is very strong as the IMV shows. They now really start to get overpriced. Wondering if these are all naked longs or hedging positions. OI in total is put heavy. PC ratio now gets interesting.

I think ,6100 is ceiling as of now !!!
CALLs are really overpriced ,we can expect some down movement .

 

[timepass]

Re: MAY.8 May-Series Day.8 NIFTY=6069 (25)

I think ,6100 is ceiling as of now !!!
CALLs are really overpriced ,we can expect some down movement .

Haven't noticed about the other scrips, but BNF12900CE has TRIPLED in last 2-3 days - from 51 to 165+ !!. Maybe now it is the turn of the puts