Trade with options data

[jovial01]

Hi Kiran,
4700PE OI fast decreasing.Wut do u interprete.

 

[mmca2006]

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Check this one also....

just one clarification required ,

open interest of 420 put and 440 put has gone up by10500 and 49000 respectively, it is bearish , correctly stated but

open interest of 440 call has gone up by 46500 i.e 440 call written and that will act as Resistance , How it became bullish? According to me 440 is a zone of fight between bulls & bears.
Am I missing something ?? Please clarify.

 

[kiranjakka]

price when posted close price

 

[kiranjakka]

price when posted close price

nifty 5300call price when posted 150 close price 160
tata steel 440 call price when posted 14 close price 18
reliance price when posted 17.5 close price 17.5

 

[abhinkoi]

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Check this one also....

Hi Kamlesh,

Just curious to know why CALL unwinding is treated as bearish here and CALL OI increase is Bullish here? Shouldnt it be the other way round?

 

[kiranjakka]

http://www.nseindia.com/live_market...-&segmentLink=17&symbolCount=2&segmentLink=17

WAT U CAN SAY IN CASE OF ITC........ 200PE

any specific reason why you bought 200 put? :annoyed:

 

[uttamkamlesh]

just one clarification required ,

open interest of 420 put and 440 put has gone up by10500 and 49000 respectively, it is bearish , correctly stated but

open interest of 440 call has gone up by 46500 i.e 440 call written and that will act as Resistance , How it became bullish? According to me 440 is a zone of fight between bulls & bears.
Am I missing something ?? Please clarify.

Plz pay equal attention to price change along with OI change....that means the effect of increase in OI on price, if price decreases implies selling has been done....if price increases implies buying has been done....

http://www.tradingpicks.com/open_interest.htm

 

[uttamkamlesh]

Hi Kamlesh,

Just curious to know why CALL unwinding is treated as bearish here and CALL OI increase is Bullish here? Shouldnt it be the other way round?

Plz take into account effect of OI change on Price.....

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[milind2754]

see this link to study about open interest
http://www.brameshtechanalysis.com/2010/06/nifty-open-interest/

 

[vssoma]

dear,
pls. check the pic below, both are for same stock....as per OP chain ( as per my understanding) it suggests the price is going to increase....
but as per future OI bullish strength is week(where price is up and OI is down)....so if we combine this both the information...can we take short or buy puts for next couple of days....