PUT and CALL options

[columbus]

OCT.7 Oct-series Day.6 Nifty=5907 (-1)

The EXPIRY zone has expanded to (5500~6100) for THIRD 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 :17.0 M [Previous:16.3 M]
PUT window : 24.0 M [Previous:23.1 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.

A glance at OI-Today tells the more interest in PUTs.
I think now the CALLs are over priced.Let us see.

 

[timepass]

Re: OCT.7 Oct-series Day.6 Nifty=5907 (-1)

A glance at OI-Today tells the more interest in PUTs.
I think now the CALLs are over priced.Let us see.

Yeah.. Also, maybe the puts are underpriced.

 

[Gandhar.]

Re: OCT.7 Oct-series Day.6 Nifty=5907 (-1)

Yeah.. Also, maybe the puts are underpriced.

trying to discount something???

 

[timepass]

Re: OCT.7 Oct-series Day.6 Nifty=5907 (-1)

trying to discount something???

the fact that I am again holding 5600PE @61, overnight.. CMP 54

 

[avinav2712]

Hi all, first post in this forum... Been trading in options for quite some time now with mixed results, overall a marginal loss since I started.... I want to ask is there any strategy that can be used for most of the earning season (like one that starts with Infy on 11th)? Strangle buying worked for Infy till last quarter but today I'm seeing a steady decline in Infy option prices as we approach its result.

I'm asking this question on a general basis, not just Infy alone, so that we can use such options for Axis, HDFC, Reliance etc as well. Since IV in these stocks are generally lower than Infy, buying strangles should work there as well (worked in Axis in July, although after results were declared, unlike Infy which lost all its value after results).

Would like to hear others' views

- Avinav

 

[columbus]

Hi all, first post in this forum... Been trading in options for quite some time now with mixed results, overall a marginal loss since I started.... I want to ask is there any strategy that can be used for most of the earning season (like one that starts with Infy on 11th)? Strangle buying worked for Infy till last quarter but today I'm seeing a steady decline in Infy option prices as we approach its result.

I'm asking this question on a general basis, not just Infy alone, so that we can use such options for Axis, HDFC, Reliance etc as well. Since IV in these stocks are generally lower than Infy, buying strangles should work there as well (worked in Axis in July, although after results were declared, unlike Infy which lost all its value after results).

Would like to hear others' views

- Avinav

Hi Avinav,
If you are trading in STOCK OPTIONS exclusively,please stop it since you are a beginner.
First try with NIFTY options with 1 or 2 lots.At a later stage you can try BankNifty and
Stock Options.

 

[columbus]

OCT.8 Oct-series Day.7 Nifty=5928 (21)

The EXPIRY zone has expanded to (5500~6100) for FOURTH 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 :16.9 M [Previous:17.0 M]
PUT window : 25.0 M [Previous:24.0 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.

Another Premium eating day.

 

[avinav2712]

Hi Avinav,
If you are trading in STOCK OPTIONS exclusively,please stop it since you are a beginner.
First try with NIFTY options with 1 or 2 lots.At a later stage you can try BankNifty and
Stock Options.

Not quite a beginner as I have been actively trading options since last year, although I'm surely no expert yet. Have traded Nifty/Bank Nifty and mostly trade stock options during results. Which is why I was asking this question... Any thoughts?

 

[columbus]

Not quite a beginner as I have been actively trading options since last year, although I'm surely no expert yet. Have traded Nifty/Bank Nifty and mostly trade stock options during results. Which is why I was asking this question... Any thoughts?

OK.Fine.If you are trading Stock options on Results day.
As far as ,some strategies ,You type BOLLINGERWORM in search box,you will find some
based on Bollinger Band.

 

[columbus]

OCT.9 Oct-series Day.8 Nifty=6007 (79)

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

Total strikes in CALL window: 11+0 (penny) [ previous:10+1(penny)]
Total strikes in PUT window : 8+4 (penny) [ previous:10+2(penny)]

Too many Low-Priced strikes in PUT window.

OI-TOTAL in the above mentioned ZONE

CALL window :17.4 M [Previous:16.9 M]
PUT window : 27.5 M [Previous:25.0 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.

Though there is lot of OI on PUT side ,the increase in number of Low-priced strikes
in PUT window goes against it.Trade with lot of caution since INFY results are just
one day ahead.