PUT and CALL options

[columbus]

My view is bull trend is intact, but simple rule mkts are not linear, so retrace net to Fibonacci levels is essentially to reload the rocket for upward movement.. Looking at 5700 levels as target

http://www.traderji.com/day-trading/27421-bollingerbands.html#post878730

Just 4 days are left in this series.If you look at last 6 months market ,we ROUGHLY
see a pattern BULL & BEAR alternatively.Better close the positions by EOD.Let us keep the target
of 5700 for next series.

 

[gmt900]

http://www.traderji.com/day-trading/27421-bollingerbands.html#post878730

Just 4 days are left in this series.If you look at last 6 months market ,we ROUGHLY
see a pattern BULL & BEAR alternatively.Better close the positions by EOD.Let us keep the target
of 5700 for next series.

Not 4 but 9 trading days left in this series

 

[columbus]

Not 4 but 9 trading days left in this series

Thanks for timely correction.That means we have some more days to trade in OPTIONS.

 

[trader15]

http://www.traderji.com/day-trading/27421-bollingerbands.html#post878730

Just 4 days are left in this series.If you look at last 6 months market ,we ROUGHLY
see a pattern BULL & BEAR alternatively.Better close the positions by EOD.Let us keep the target
of 5700 for next series.

I'm short in nov series only. Its better to donate money to charitable cause rathen than being short in current series...

 

[bapu4]

Re: Feb series-Day7 ,NiftySpot:5362 (+36)

The EFFECTIVE ZONE continues to be same at, 4900~5400.In PUT window
6 strikes are closed (4300~4800) and 6 strikes are open (4900~5400).In
call window just one strike is closed.(5700)

For EVERY 100 puts ,we have approximately 60 calls in Effective Zone.
Effective Zone plays crucial role ,since this moves in accordance with Nifty.


Courtesy:AdityaSaraf007

Hi Columbus !!
I am a regular member on Traderji !! I keep on reading and learning things here !! I saw ur this thread some 2, 3 months back !! but wasnt able to understand the concept !! Today i got some insight in this !! Now onwards , i will start asking some questions to u !! I would be very happy to learn the concepts from u !! Plz bear with me !!

Well my 1st question is ,what does the following line from ur above reffered post mean and how did u calculate that ?

For EVERY 100 puts ,we have approximately 60 calls in Effective Zone.
Effective Zone plays crucial role ,since this moves in accordance with Nifty.

God bless u !!
Rgds !!

 

[columbus]

OCT.21 Oct-series Day.15 Nifty=6204 (14)

The EXPIRY zone has moved up (6000~6300) from (5900~6200).



Total strikes in CALL window: 7+1 (penny) [ previous:7+2(penny)]
Total strikes in PUT window : 4+10 (penny) [ previous:4+9(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :14.9 M [Previous:15.2 M]
PUT window : 15.9 M [Previous:15.0 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,if any, indicates OI-Today more than +0.5M.
Grey colour box,if any, indicates OI-Today more than -0.5M.

Current position is indicated.

Variations in OI-TOTAL is not much. Just trade with caution as no definite picture
emerges.

 

[columbus]

Re: Feb series-Day7 ,NiftySpot:5362 (+36)

Well my 1st question is ,what does the following line from ur above reffered post mean and how did u calculate that ?

For EVERY 100 puts ,we have approximately 60 calls in Effective Zone.
Effective Zone plays crucial role ,since this moves in accordance with Nifty.

Take Total-OI in the effective zone 4900~5400.
Call side=18M
Put side= 32M.
Put/Call=32/18=1.77

For every 177 puts ,we have 100 calls .For every 100 puts ,we have (100*100/177)=56.
Hence the statement.

 

[columbus]

OCT.22 Oct-series Day.16 Nifty=6202 (-2)

The EXPIRY zone is at (6000~6300) for SECOND day.



Total strikes in CALL window: 7+1 (penny) [ previous:7+1(penny)]
Total strikes in PUT window : 4+10 (penny) [ previous:4+10(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :14.6 M [Previous:14.9 M]
PUT window : 16.1 M [Previous:15.9 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,if any, indicates OI-Today more than +0.5M.
Grey colour box,if any, indicates OI-Today more than -0.5M.

Current position is indicated.

Before expiry the option market will be choppy.
Better to take to home ,small gains rather than looking for superlative gains.
To compensate small gains ,one can trade in more lots or trade many times.

 

[columbus]

OCT.23 Oct-series Day.17 Nifty=6178 (-24)

The EXPIRY zone has condensed to (6000~6200) from (6000~6300).



Total strikes in CALL window: 6+2 (penny) [ previous:7+1(penny)]
Total strikes in PUT window : 3+10 (penny) [ previous:4+10(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :10.3 M [Previous:9.4 M]
PUT window : 14.7 M [Previous:14.8 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,if any, indicates OI-Today more than +0.5M.
Grey colour box,if any, indicates OI-Today more than -0.5M.

Current position is indicated.

 

[columbus]

OCT.24 Oct-series Day.18Nifty=6164 (-14)

The EXPIRY zone has expanded to (6000~6300) from (6000~6200).



Total strikes in CALL window: 6+2 (penny) [ previous:6+2(penny)]
Total strikes in PUT window : 4+10 (penny) [ previous:3+10(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :16.6 M [Previous:16.4 M]
PUT window : 15.7 M [Previous:15.6 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.]

Current position is indicated.

Not much emphasis is given to interpretation.