Trade with options data

[kiranjakka]

 

[kiranjakka]

but 4800pe is looking hot.

it will become hotter if the oi starts falling and traded volumes are less from now on

 

[dhootankur]

Kiran, can u give little insight exactly what u see to determine movement and write or buying happening...I mean OI change is key for that as per ur thread but a little explanation would really help...
Thanks

 

[kiranjakka]

Kiran, can u give little insight exactly what u see to determine movement and write or buying happening...I mean OI change is key for that as per ur thread but a little explanation would really help...
Thanks

compare the oi with volumes you will easily understand & finally you can look at inraday charts of perticular options whether perticular options are bought or sold in to :thumb:

 

[kiranjakka]

But 4800PE is looking hot.

8lk oi is now 10 lk on 4800 put should watch kept it under my observation:thumb:

 

[jassinko]

Kiran, can u give little insight exactly what u see to determine movement and write or buying happening...I mean OI change is key for that as per ur thread but a little explanation would really help...
Thanks

acc to me.... what i learned here... -ve open interest (more than 30-40%) reflects close up of put/call writers and hence its a bearish/bullish signal respectively.....

and if there is any additions (+ve OI) alongwith volume that means call/put witers are bearish/bullish respectively.

seniors ...pls comments if i miss something or infer wrong

 

[kiranjakka]

sbin moving the nifty up since last few minutes
:thumb:

 

[kiranjakka]

acc to me.... what i learned here... -ve open interest (more than 30-40%) reflects close up of put/call writers and hence its a bearish/bullish signal respectively.....

and if there is any additions (+ve OI) alongwith volume that means call/put witers are bearish/bullish respectively.

seniors ...pls comments if i miss something or infer wrong

sometimes you have to check the volumes and corelate with the oi addition or subtraction (heavily traded volumes more with less change in oi means people not willing to leave the positions and want to keep it for themselves and viseversa) :thumb: in case of reversals the oi reaches the maximum and keeps falling from there on. you will learn all these practically once you start observing the oi data:thumb:

 

[kiranjakka]

8lk oi is now 10 lk on 4800 put should watch kept it under my observation:thumb:

4800pe changein oi is nearly 12lk now :thumb:

 

[kiranjakka]

i wonder why price not coming down even with such a huge oi build up--my be time decay factor working on it