PUT and CALL options

[healthraj]

Re: July.30 AUGUST-Series Day.3 NIFTY=5755 (-77)

Markets fell for 5th consecutive day.

The EXPECTED zone is at (5800~6000) for 3rd day.Just 3 Strikes !!!!
In fact CURRENT POSITION falls below the zone.


Total strikes in CALL window: 4+3(penny)[Previous=5+2(penny)]
Total strikes in PUT window : 7+0(penny)[previous=7+0(penny)]


No option less than Rs.10 in PUT window.Sentiment is continued to be strong in PUT direction as per above condition.



Total-OI in this Zone---5800~6000

CALL side: 13 M [Previous=10 M]
PUT side : 10 M [Previous=11 M]
(Yesterday's figures are from database,sometimes it may vary from
yesterday's POST,due to variation in number of strikes.)
In anticipation of a bull rally ,an addition of CALLs was seen here.



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


Current position is indicated.

Funny situation indeed.Accumulation of both CALL side and PUT side was seen strongly.

Dear Columbus,

Today the MAX OI changed from 5800-6000 to 5700-6000.
Do you still maintain 5800-6000 as the trading Range?

 

[anup0212]

Re: July.30 AUGUST-Series Day.3 NIFTY=5755 (-77)

Dear Columbus,

Today the MAX OI changed from 5800-6000 to 5700-6000.
Do you still maintain 5800-6000 as the trading Range?

agreed...might be some postive news could push nifty towards...5850...

 

[columbus]

July.31 AUGUST-Series Day.4 NIFTY=5742 (-13)

Markets fell for 6th consecutive day.

The EXPECTED zone has expanded to (5700~6000) from (5800~6000).
In fact CURRENT POSITION is at bottom of the range.


Total strikes in CALL window: 5+3(penny)[Previous=4+3(penny)]
Total strikes in PUT window : 8+0(penny)[previous=7+0(penny)]


No option less than Rs.10 in PUT window.



Today-OI in this Zone---5700~6000

CALL side: 1110 K
PUT side : -615 K




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


Current position is indicated.

Lot of activity was seen on PUT window.However CALL accumulation was seen.Remember markets fell for 6 th day.

 

[columbus]

Re: July.30 AUGUST-Series Day.3 NIFTY=5755 (-77)

Dear Columbus,

Today the MAX OI changed from 5800-6000 to 5700-6000.
Do you still maintain 5800-6000 as the trading Range?

Dear healthraj,

Responding a bit late.
Around the CALLs and PUTs the boundaries are marked AUTOMATICALLY,
when TOTAL open interest jumps from LAKHS to MILLIONS.My intervention is
absolutely NIL.

 

[columbus]

August.1 AUGUST-Series Day.5 NIFTY=5728 (-14)

Markets fell for 7th consecutive day.

The EXPECTED zone is at (5700~6000) for SECOND day.
In fact CURRENT POSITION is at bottom of the range.


Total strikes in CALL window: 5+3(penny)[Previous=5+3(penny)]
Total strikes in PUT window : 8+1(penny)[previous=8+0(penny)]





Today-OI in this Zone---5700~6000

CALL side: 2264 K
PUT side : 1019 K




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


Current position is indicated.

After markets falling for 7 consecutive days we can expect a REVERSAL.
Hence a strong CALL accumulation of over MILLION at 5800CE.

Strangely enough another accumulation of over MILLION was seen at further
strike at 5300PE.(May be OPTION premium is very low)

 

[Gandhar.]

-------------

 

[columbus]

August.2 AUGUST-Series Day.6 NIFTY=5678 (-50)

Markets fell for 8th consecutive day.

The EXPECTED zone has moved down to (5600~6000) from (5700~6000).
In fact CURRENT POSITION is at bottom of the range.


Total strikes in CALL window: 5+4(penny)[Previous=5+3(penny)]
Total strikes in PUT window : 9+0(penny)[previous=8+1(penny)]


No PUT is than Rs.10 in PUT window.


Today-OI in this Zone---5600~6000

CALL side: 3.7 M
PUT side : 1.4 M




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


Current position is indicated.

There is lot of Yellow colour in CALL window.

 

[drrkgupta]

Meaning to say that there are more people betting on the call side? The market seems to be going up on the next day?? Please elaborate!

 

[Niftytradingindia]

- call positions are not safe till the currency stablize and move back below 60.
- more people buying calls doesnot means market will move up, opposite has higher probablity.
- if buying calls , preferably go for sept or oct expiry calls

 

[columbus]

- call positions are not safe till the currency stablize and move back below 60.
- more people buying calls doesnot means market will move up, opposite has higher probablity.
- if buying calls , preferably go for sept or oct expiry calls

I hope you are meaning BankNifty since you used the word "CURRENCY" and "BELOW 60".You are correct.Generally NIFTY and BANKNIFTY move in same direction.But now-days they are moving in opposite direction SOMETIMES.