Trade with options data

[TheDreamer]

Don't see 5600 being even touched. If you see, 5400 has huge interest built up. 5500 being the pivot for time being, and market swinging around 5500 only and expiring below 5500..

Expiry days are the D-days to show who is in charge... so if the market revolves around 5500 till expiry, most probably the bulls who are in charge will keep it at or above 5500...

if 5400 pe has huge oi it dosent mean market has chances of moving down all that OI in on put side are the people trapped by put writers not able to get out

This OI thing doesn't work that perfectly on the expiry week, leave alone expiry day... Last February, OI in 5400 PE was more than 10 million... and market touched 5150 on the D-day...

 

[kiranjakka]

Expiry days are the D-days to show who is in charge... so if the market revolves around 5500 till expiry, most probably the bulls who are in charge will keep it at or above 5500...



This OI thing doesn't work that perfectly on the expiry week, leave alone expiry day... Last February, OI in 5400 PE was more than 10 million... and market touched 5150 on the D-day...

may be we have to look at specific situation or the market conditions on that particular month

 

[trader15]

may be we have to look at specific situation or the market conditions on that particular month

boss markets are like chikni chameli... always slipping.... when i looked at us markets at preopen it looked like we will have solid gap up opening tomorrow morning and went to party since i hold 200 PE @ 5500.... Now in middle of night i saw us markets they are in party mood seems like markets slipped once again towards upeer end : 5600 tomorrow morning

 

[TheDreamer]

may be we have to look at specific situation or the market conditions on that particular month

Which market conditions will satisfy your need to justify the specific situation based on Open Interest!!!

Ask Murtaza-bhai, Tauras or anyone else who was present in the forum on that day... all other markets were pretty fine on that day except ours...

BTW, gave a wrong information in the previous post... NF low on that day was 5251 and not 5150 (slip of finger)...

Good night...

 

[manish1247]

boss markets are like chikni chameli... always slipping.... when i looked at us markets at preopen it looked like we will have solid gap up opening tomorrow morning and went to party since i hold 200 PE @ 5500.... Now in middle of night i saw us markets they are in party mood seems like markets slipped once again towards upeer end : 5600 tomorrow morning

I have 5400 Put 4 lots @ 55 Rs.

 

[trader15]

I have 5400 Put 4 lots @ 55 Rs.

Enjoy the ride today SGX nifty already up 50+ points.... Aaj 5600 touch karenge, aur hum put owners can take a trading break....

 

[kiranjakka]

if 5400 pe has huge oi it dosent mean market has chances of moving down all that OI in on put side are the people trapped by put writers not able to get out

so we are already in to 5600 now that is th meaning of change in oi yesterday where put OI surpassed or crossed call OI. the call OI was at some point of time 10lk came down to 5lk with sudden decrease and still trading at a premium yesterday . :thumb:

 

[kiranjakka]

Which market conditions will satisfy your need to justify the specific situation based on Open Interest!!!

Ask Murtaza-bhai, Tauras or anyone else who was present in the forum on that day... all other markets were pretty fine on that day except ours...

BTW, gave a wrong information in the previous post... NF low on that day was 5251 and not 5150 (slip of finger)...

Good night...

sab ko chodo mere join date dekho bhai main kitne saal se market me ho pata chalega.

 

[kiranjakka]

boss markets are like chikni chameli... always slipping.... when i looked at us markets at preopen it looked like we will have solid gap up opening tomorrow morning and went to party since i hold 200 PE @ 5500.... Now in middle of night i saw us markets they are in party mood seems like markets slipped once again towards upeer end : 5600 tomorrow morning

most of the times if out market is green or turning green like yesterday means U.S.A will be in green. fii ko sab patha hai.

 

[kiranjakka]

boss markets are like chikni chameli... always slipping.... when i looked at us markets at preopen it looked like we will have solid gap up opening tomorrow morning and went to party since i hold 200 PE @ 5500.... Now in middle of night i saw us markets they are in party mood seems like markets slipped once again towards upeer end : 5600 tomorrow morning

crude at 120 can soon spoil the party we need to just wait :thumb: