PUT and CALL options

[trader15]

boss somehow when u post the image, the coloured boxes have mixed colors, yellow and grey boxes dont seem to be 100% yellow and grey..

can u check

 

[columbus]

boss somehow when u post the image, the coloured boxes have mixed colors, yellow and grey boxes dont seem to be 100% yellow and grey..

can u check

May be true,if message is conveyed ,it is good.On my Laptop ,they appear yellow & grey.

 

[columbus]

OCT.25 Oct-series Day.19 Nifty=6145 (-19)

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



Total strikes in CALL window: 5+3 (penny) [ previous:6+2(penny)]
Total strikes in PUT window : 3+10 (penny) [ previous:4+10(penny)]


OI-TOTAL in the above mentioned ZONE

CALL window :10.6 M [Previous:10.1 M]
PUT window : 14.6 M [Previous:14.6 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.

 

[bapu4]

Dear Columbus ,
Can this analysis also be done in case of specific stocks ?? Will it work with the same effectivity ?? Have u tried it ever ??

God bless u !!
Rgds !!

 

[columbus]

Dear Columbus ,
Can this analysis also be done in case of specific stocks ?? Will it work with the same effectivity ?? Have u tried it ever ??

God bless u !!
Rgds !!

Dear bapu4,

I have never tried on STOCKS.The reason is poor liquidity in them when compared to NIFTY.

 

[columbus]

OCT.28 Oct-series Day.20 Nifty=6101 (-44)

This format appears only during EXPIRY week.

This is based purely on PRICE ACTION with no emphasis on OPEN INTEREST.

As pointed out by TIMEPASS a few days back,we use xx50 ,since
50 points ,mean a lot ,especially during EXPIRY.By that time
interest in those xx50 strikes ,will be little high ,though
they are not comparable with other strikes.

We take the EXPIRY zone as reported in the previous day as our
starting point.Then keep on representing the PENNY OPTIONS (Price less than Rs.10) in WHITE colour, in that zone.



The EXPIRY ZONE is (6000~6200) for second day.

It appears the CALLS are still OVER-BOUGHT ,though they lost badly in today's market.
(Personal view)

 

[trader15]

Re: OCT.28 Oct-series Day.20 Nifty=6101 (-44)

This format appears only during EXPIRY week.

This is based purely on PRICE ACTION with no emphasis on OPEN INTEREST.

As pointed out by TIMEPASS a few days back,we use xx50 ,since
50 points ,mean a lot ,especially during EXPIRY.By that time
interest in those xx50 strikes ,will be little high ,though
they are not comparable with other strikes.

We take the EXPIRY zone as reported in the previous day as our
starting point.Then keep on representing the PENNY OPTIONS (Price less than Rs.10) in WHITE colour, in that zone.



The EXPIRY ZONE is (6000~6200) for second day.

It appears the CALLS are still OVER-BOUGHT ,though they lost badly in today's market.
(Personal view)

The calls will end up losing much more the moment iv drops. Today it rose around 25%.

 

[columbus]

OCT.29 Oct-series Day.21 Nifty=6221 (120)

This format appears only during EXPIRY week.

This is based purely on PRICE ACTION with no emphasis on OPEN INTEREST.

As pointed out by TIMEPASS a few days back,we use xx50 ,since
50 points ,mean a lot ,especially during EXPIRY.By that time
interest in those xx50 strikes ,will be little high ,though
they are not comparable with other strikes.

We take the EXPIRY zone as reported in the previous day as our
starting point.Then keep on representing the PENNY OPTIONS (Price less than Rs.10) in WHITE colour, in that zone.



The EXPIRY ZONE has moved up to (6150~6300) from (6000~6200) .
2 higher strikes have been added and 2 lower strikes have been deleted due to
violent movement of NIFTY upside.

The current position of strike is indicated.

 

[nirav_j]

Hi Columbus,

The actual Closing OI for 6200 CE is 39,35,100 with the CHG of OI being -17,91,050 as per http://nseindia.com/products/content/derivatives/equities/historical_fo.htm

Similarly closing data for other strike prices varies from OI data on the Option keys/Live market page of NSE.

So, wouldn't it be ideal to use the actual closing OI data instead of whats available on the Live market page for accurate analysis.

I mean, the CHG in OI for 6200 CEs has a massive difference. -17,91,050 vs -49,500 ..

Wouldn't that disparity have an effect on your overall analysis of expiry zones ?

I'm not sure if this has been pointed out / discussed before .. So please go easy on me if thats the case ..

Regards.

 

[columbus]

Hi Columbus,

The actual Closing OI for 6200 CE is 39,35,100 with the CHG of OI being -17,91,050 as per http://nseindia.com/products/content/derivatives/equities/historical_fo.htm

Similarly closing data for other strike prices varies from OI data on the Option keys/Live market page of NSE.

So, wouldn't it be ideal to use the actual closing OI data instead of whats available on the Live market page for accurate analysis.

I mean, the CHG in OI for 6200 CEs has a massive difference. -17,91,050 vs -49,500 ..

Wouldn't that disparity have an effect on your overall analysis of expiry zones ?

I'm not sure if this has been pointed out / discussed before .. So please go easy on me if thats the case ..

Regards.

Hi nirav_j,

Thanks for pointing out this disparity.

Same website giving 2 sets of data ,is a bit laughing stock.

Earlier also some people pointed out this ,but quoted different websites.

This will certainly affect the zones ,because we CURRENT=PREVIOUS+CHANGE.

But during expiry week ,we do not give much importance to OI.

A better Option Chain is found here:

http://www.moneycontrol.com/stocks/fno/view_option_chain.php