Trade with options data

[darshanshukla]

Prabhsingh
please read from 1st post of the thread you will understand everything bro...

Are there any messages/Thread there which Kiran used to teach you guys?

 

[adityasaraf007]

Wow!!! Kiranji you are using a Humungous Screen..... Mine is 1/4th of yours..... both in terms of width and height....

Would request you to Crop the excess portion of such images if possible....

 

[kiranjakka]

 

[kiranjakka]

Nifty weekly trading levels : 5203/5114/5045 & 5361/5430/5520

intraday Nifty Future will find support at 5194/5164 levels while its resistance will be at around 5247/5269 levels

 

[kiranjakka]

exited this trade as MY stop triggered AND EVEN THOUGH DATA IS POSITIVE FOR UP TREND AS OF NOW

 

[kiranjakka]

 

[shri_r3]

Dear TJ members I am new in trading. From past 2 month i have been observing options data in nse website and also in moneycontrol.com site.
For today on 26th april expiry day what i observed for sesagoa futures in moneycontrol site is
OPEN INTEREST=1,125,000
OPEN INTEREST CHANGE= -2,414,000
OPEN INTEREST CHANGE %= -68.21

Now my question is how OPEN INTEREST CHANGE no is higher than actual OPEN INTEREST. From what i read about open interest is "it is the no of open contracts " but on expiry date how is open interest change is almost double on negative side.. What does this mean.. Kindly explain about this scenario. Please bear with me if it sounds a silly question but i am a fresher in this..
Thank you

 

[tomjerry]

Dear TJ members I am new in trading. From past 2 month i have been observing options data in nse website and also in moneycontrol.com site.
For today on 26th april expiry day what i observed for sesagoa futures in moneycontrol site is
OPEN INTEREST=1,125,000
OPEN INTEREST CHANGE= -2,414,000
OPEN INTEREST CHANGE %= -68.21

Now my question is how OPEN INTEREST CHANGE no is higher than actual OPEN INTEREST. From what i read about open interest is "it is the no of open contracts " but on expiry date how is open interest change is almost double on negative side.. What does this mean.. Kindly explain about this scenario. Please bear with me if it sounds a silly question but i am a fresher in this..
Thank you

moneycontrol site shows data as follows:
Open Interest = Latest market Open Interest.
Open Interest Change = Increase or Decrease of Open Interest from Yesterday's "Open Interest".
Open Interest Change % = above "Open Interest Change" figure in %.

as per your given data, latest market OI(Open Interest) is 1,125,000 and OI change is -2,414,000. So you have to deduct(subtract) OI change from OI to get yesterday's OI. here 1,125,000 - (-2,414,000) = 3,539,000 so this is yesterday's OI. now you can calculate yesterday's 68.21% of OI is today's OI change!

If OI change is Positive number then for example: OI=300, OI change=200 then yesterday's OI was 300 - 200 =100.

 

[anup0212]

so TJ does that mean if IO change is negative that means more contracts are getting opened ? , if I am not correct please explain with example....

 

[tomjerry]

so TJ does that mean if IO change is negative that means more contracts are getting opened ? , if I am not correct please explain with example....

If OI change is negative that means contracts are getting closed (people reduced their open positions). If OI change is positive then new contracts are opened(people added fresh new positions).

Read this: http://lessons.tradingacademy.com/article/are-you-interested/