PUT and CALL options

[columbus]

SEPT.26 SEPT-Series Day.19(END) NIFTY=5882 (8)

NIFTY ended this OCT series at 5882.

 

[manojborle]

Re: SEPT.26 SEPT-Series Day.19(END) NIFTY=5882 (8)

NIFTY ended this OCT series at 5882.

Sir it should be September series, looks like a typo.

 

[columbus]

SEPT.27 OCT-Series Day.1(START) NIFTY=5833 (-49)

The EXPIRY zone is at (5500~6100).

Total strikes in CALL window: 10+1(penny)
Total strikes in PUT window : 11+1(penny)



OI-TOTAL in the above mentioned ZONE

CALL window :13.2 M
PUT window : 17.2 M



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

Current position is indicated.

 

[kesk]

Dear Columbus

I have been following the OI with interest. Now after 10 days of watching this, I would request you to kindly answer my question:

Is the higher OI in any call/put, means market is geared towards that price? For the past 4 days, 6000 CE were in high numbers. So I bought calls but all turned losses. Is OI relevant in this case? Or am I reading the numbers wrong.

A good explanation of OI would be welcome since you have been collecting them day after day. I have also been recording the OI page in excel.

Would appreciate your reply and thanks for the same.

 

[columbus]

Dear Columbus

I have been following the OI with interest. Now after 10 days of watching this, I would request you to kindly answer my question:

Is the higher OI in any call/put, means market is geared towards that price? For the past 4 days, 6000 CE were in high numbers. So I bought calls but all turned losses. Is OI relevant in this case? Or am I reading the numbers wrong.

A good explanation of OI would be welcome since you have been collecting them day after day. I have also been recording the OI page in excel.

Would appreciate your reply and thanks for the same.

Hi kesk,

I do not give much importance to OI before EXPIRY because options tend to Low-priced
at that time, and can be manipulated.Sometimes Rs 50 will fetch you a lot and you have
to spend 25,000 Rs for same in Futures.Sometimes I do not mark YELLOW or WHITE
before EXPIRY ,for this precise reason.In fact ,I mentioned about it in my previous posts.
(Some old post: http://www.traderji.com/options/66083-put-call-options-73.html#post663050)
Rather than studying OI for 10 days ,it is better to study for a series.

 

[columbus]

sept.30 Oct-series Day.2 Nifty=5735(-98)

The EXPIRY zone has condensed to (5500~6000) from (5500~6100).

Total strikes in CALL window: 9+2 (penny)[ previous:10+1(penny)]
Total strikes in PUT window : 11+0(penny)[ previous:11+1(penny)]

No low-priced options in PUT window.

OI-TOTAL in the above mentioned ZONE

CALL window :12.0 M [Previous:10.1 M]
PUT window : 16.5 M [Previous:16.1 M]
[These figures are adjusted as per the latest ZONE, which are taken from
the Database ,and may vary from previous post as number of strikes differ
from previous day's Zone.]




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

Current position is indicated.

The addition of OI-Total in the zone on CALL side is 2M whereas negligible on PUT side.

 

[columbus]

OCT.1 Oct-series Day.3 Nifty=5780 (45)

The EXPIRY zone is at (5500~6000) for Second day.

Total strikes in CALL window: 9+2 (penny)[ previous:9+2(penny)]
Total strikes in PUT window : 11+0(penny)[ previous:11+0(penny)]

No low-priced options in PUT window.

OI-TOTAL in the above mentioned ZONE

CALL window :12.6 M [Previous:12.0 M]
PUT window : 18.8 M [Previous:16.5 M]

[These figures are adjusted as per the latest ZONE, which are taken from
the Database ,and may vary from previous post as number of strikes differ
from previous day's Zone.]




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

Current position is indicated.

Action now shifted to PUT side.

 

[columbus]

OCT.3 Oct-series Day.4 Nifty=5910 (130)

The EXPIRY zone has expanded to (5500~6100) from (5500~6000) .

Total strikes in CALL window: 10+1 (penny)[ previous:9+2(penny)]
Total strikes in PUT window : 10+2(penny)[ previous:11+0(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :15.6 M [Previous:12.6 M]
PUT window : 22.2 M [Previous:18.8 M]

[These figures are adjusted as per the latest ZONE, which are taken from
the Database ,and may vary from previous post as number of strikes differ
from previous day's Zone.]




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

Current position is indicated.

Both CALLS & PUTS showed good change in Open Interest.(Fingers crossed???)

 

[columbus]

OCT.4 Oct-series Day.5 Nifty=5908 (-2)

The EXPIRY zone has expanded to (5500~6100) for SECOND day in row.

Total strikes in CALL window: 10+1 (penny)[ previous:10+1(penny)]
Total strikes in PUT window : 10+2(penny)[ previous:10+2(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :16.3 M [Previous:15.6 M]
PUT window : 23.1 M [Previous:22.2 M]

[These figures are adjusted as per the latest ZONE, which are taken from
the Database ,and may vary from previous post as number of strikes differ
from previous day's Zone.]




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

Current position is indicated.

No appreciable change in OI of either PUTs or CALLS in the zone.

 

[timepass]

Re: OCT.4 Oct-series Day.5 Nifty=5908 (-2)

No appreciable change in OI of either PUTs or CALLS in the zone.

Yeah. just significant change in price with puts losing and the calls gaining