| View previous topic :: View next topic |
| Author |
OPEN INTEREST IN NIFTY OPTIONS |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
Post: #391  Posted: Thu Mar 06, 2014 7:27 pm Post subject: |
 |
|
| yashrahul wrote: | Note:Markets are in party mode and it seems that the party is going a little overboard...6300 put is being written and even 6400 put is showing early signs of being written....short covering in banks is one of the main reasons for this nifty rally...enjoy the rally till it lasts and congrats as we might see a new lifetime high and new life time highest closing soon..an indicator had given a long call in the region of 6050 -6100 and it could have given 300 points on the nifty without much hiccups...now waiting for the indicator to give the same indication for 300 points or more on the downside without much hiccups...when will it happen i don't know but whenever it happens i will be amongst those who will embark on the top for a big slide down  |
cant underdstand...u were very bearish at 6000-6100 levels ..remember ur break of level 6130....and i was bullish....now also....it not the top...top shall be at 6500/6600/6700...that shall also fascinate you  |
|
| Back to top |
|
 |
|
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #392 Posted: Thu Mar 06, 2014 7:56 pm Post subject: |
|
|
| amitagg wrote: | | yashrahul wrote: | | Note:Markets are in party mode and it seems that the party is going a little overboard...6300 put is being written and even 6400 put is showing early signs of being written....short covering in banks is one of the main reasons for this nifty rally...enjoy the rally till it lasts and congrats as we might see a new lifetime high and new life time highest closing soon..an indicator had given a long call in the region of 6050 -6100 and it could have given 300 points on the nifty without much hiccups...now waiting for the indicator to give the same indication for 300 points or more on the downside without much hiccups...when will it happen i don't know but whenever it happens i will be amongst those who will embark on the top for a big slide down |
cant underdstand...u were very bearish at 6000-6100 levels ..remember ur break of level 6130....and i was bullish....now also....it not the top...top shall be at 6500/6600/6700...that shall also fascinate you |
I respect the markets a lot and all those people who trust the markets with their hard earned money...it has taken 5 to 6 years for these levels to come and these levels are hardly maintained for some days..this time they might last a little longer a month or so max is my view...i am fascinated for the people who are stuck for 5 to 6 years and are getting a chance for the exit door so i want the markets to rally hard for them... once they exit then we are here..the simple reason is i am of the view that what takes months to make gives way in days...if you understand what i mean..so i am being fascinated for all those who are stuck and enjoying till it lasts  |
|
| Back to top |
|
|
yoginishreyas
White Belt
Joined: 03 Dec 2012
Posts: 80
|
| Post: #393 Posted: Fri Mar 07, 2014 1:05 pm Post subject: |
|
|
Hello yashrahul,
Will you suggest to take fresh longs even at 6500? Highest OI in calls is still at 6400.
Kindly reply.
Thanks
Shreyas |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #394 Posted: Fri Mar 07, 2014 2:27 pm Post subject: |
|
|
| yoginishreyas wrote: | Hello yashrahul,
Will you suggest to take fresh longs even at 6500? Highest OI in calls is still at 6400.
Kindly reply.
Thanks
Shreyas |
Markets going to new high and The Euphoria of those who were stuck for last 5 to 6 years is going to take its time... I Wouldn't advice either going long or going short...wait for the markets to make a intermediate top first then we can decide what to do...markets will give us many opportunities both in long and in short..always protection of capital should be the primary goal...best luck  |
|
| Back to top |
|
|
yoginishreyas
White Belt
Joined: 03 Dec 2012
Posts: 80
|
| Post: #395 Posted: Fri Mar 07, 2014 2:46 pm Post subject: |
|
|
| yashrahul wrote: | | yoginishreyas wrote: | Hello yashrahul,
Will you suggest to take fresh longs even at 6500? Highest OI in calls is still at 6400.
Kindly reply.
Thanks
Shreyas |
Markets going to new high and The Euphoria of those who were stuck for last 5 to 6 years is going to take its time... I Wouldn't advice either going long or going short...wait for the markets to make a intermediate top first then we can decide what to do...markets will give us many opportunities both in long and in short..always protection of capital should be the primary goal...best luck |
Thank you that really helps  |
|
| Back to top |
|
|
yoginishreyas
White Belt
Joined: 03 Dec 2012
Posts: 80
|
| Post: #396 Posted: Fri Mar 07, 2014 9:57 pm Post subject: |
|
|
Hello yashrahul,
I am confused in one thing, Start of this month range for nifty was 6200-6300, Then it moved to 6200-6400 and now it is 6200-6500.
6200 is stable, isn't it suppose to rise at least till 6300. Are market makers planning to grab it again back to 6200 
Your guidance will be very helpful as always.
Thanks
Shreyas |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #397 Posted: Sat Mar 08, 2014 3:31 pm Post subject: |
|
|
| yoginishreyas wrote: | Hello yashrahul,
I am confused in one thing, Start of this month range for nifty was 6200-6300, Then it moved to 6200-6400 and now it is 6200-6500.
6200 is stable, isn't it suppose to rise at least till 6300. Are market makers planning to grab it again back to 6200
Your guidance will be very helpful as always.
Thanks
Shreyas |
Yesterday's big rally didn't affect 6100 april put or for that matter other puts much...so we have to watch over the coming few days the market movements but in general The markets have just broken a new high and once new lifetime highs are attained and sustained then a 5%-10% upside is on the cards...some untoward incident like war breaking out or some financial distress in some surrounding country which can cause panic in the markets is only when the support of 6200 or 6300 can be looked at but otherwise the markets will keep on moving higher till they form intermediate top then we will have to decide till that time one can't say where and when the the rally will stop....markets should close negative for atleast some days for us to make sure that the intermediate top is forming and will hold till that time before going short...till that time wait for the opportunity we will get ample chances to short these markets in the coming future
Last edited by yashrahul on Sat Mar 08, 2014 3:54 pm; edited 1 time in total |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #398 Posted: Sat Mar 08, 2014 3:48 pm Post subject: |
|
|
Note:Congratulations to all for Life Time Highs...the best part is that now the markets will open up and the swings will get bigger and better for both bulls and bears periodically ..so best luck.
yesterday's rally didn't effect the 6100 put april or for that matter puts much..we have to wait and watch the movements of the markets in the coming days but Oi is rising in 6500 put and 6700 call..as per options data 6400 has slowly started adding huge oi and becoming a base for the march series..6700 call is adding oi whether it is bought or written is too premature to comment right now in the next 3 to 4 days we will know...Life time highs are attained and the bulls will rejoice as the good days for the bulls have started...the bears need not worry as good days for the bears will keep on coming again and again going forward.... |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #399 Posted: Mon Mar 10, 2014 8:52 pm Post subject: |
|
|
| Note:Markets are not in any hurry to go down..these are the best days for the bulls...6500 put is available at 59rs -60 rs...look at the complacency of the bulls...FII figure daily are fabulous news for the bulls..till the party goes on enjoy...today during market closing the 60 min tf showed first signs of negativity...depends on the opening and subsequent close tomorrow..has an temporary intermediate top formed..we will know soon in the coming days but put options being so cheap and oi so huge it doesn't seem much downside is on the cards...for a huge downside to resume we have to wait as it seems unlikely in this month of march but very much possible in april..as deep otm puts of april have not lost much premium comparatively... even though the markets have moved higher...lets wait and watch that if China and DAX keep on going down then till what levels the pre election rally lasts and if china and DAX bounce back then the party continues for sure..best luck.. |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #400 Posted: Tue Mar 11, 2014 7:43 pm Post subject: |
|
|
Note:6500 put i still adding oi even though the markets are down today...if this trend continues then 6500 can become a support soon..so the bears have to see to it that 6500 does not hold for too long and gets cleared at the earliest...that is the markets crack and close below 6500...oi is not so much at 6500 put that it cannot crack but if it sustains continuously above these levels then it surely seems that 6500 will add huge oi
As mentioned yesterday the temporary intermediate top has formed and for the bulls to prove this wrong then they have to close above 6550 NS soon...best luck |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #401 Posted: Wed Mar 12, 2014 5:46 pm Post subject: |
|
|
Note:As i had mentioned in my post PostPosted: 10 Mar 2014 20:52... that 60 min time frame had showed first signs of negativity ...i still maintain that 6550 NS is slowly becoming a hurdle and a close above it on a closing basis is very much needed for the rally to continue for the bulls...
Nothing much to be mentioned in today's options data...it has been a sideways kind of day and under the name of consolidation,sideways movement...bla bla...premium of puts/calls is being gulped...  |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #402 Posted: Thu Mar 13, 2014 6:17 pm Post subject: |
|
|
Note:Infy was down some 300 rs today yet the nifty was maintained till 2.30 pm at close to 6550...if not for infy we could have well been above 6550...complacency of the bulls got the better of them in the last one hour...I don't know for sure but slowly things across world markets have not been that rosy over the past one week or so...options data still has not shown a huge downside is on the anvil....tomorrow's close will give an indication going into an extended holiday...best luck
it would be very nice if we could open some 40-50 points gap down tomorrow just to wake the 6500 put writers up by shaking them...higher the gap down higher chances that the 6500 put writers will wake up alarmingly |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #403 Posted: Thu Mar 13, 2014 8:08 pm Post subject: |
|
|
| yashrahul wrote: | Note:Infy was down some 300 rs today yet the nifty was maintained till 2.30 pm at close to 6550...if not for infy we could have well been above 6550...complacency of the bulls got the better of them in the last one hour...I don't know for sure but slowly things across world markets have not been that rosy over the past one week or so...options data still has not shown a huge downside is on the anvil....tomorrow's close will give an indication going into an extended holiday...best luck
it would be very nice if we could open some 40-50 points gap down tomorrow just to wake the 6500 put writers up by shaking them...higher the gap down higher chances that the 6500 put writers will wake up alarmingly |
i feel that market are going down so that 6500 puts can be further written at higher premium so that after somedown ticks to 6440-6460....markets can bounce back....giving profits to put writers.....
6500 put writers would be shaken only below 6415 NS....  |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #404 Posted: Thu Mar 13, 2014 8:24 pm Post subject: |
|
|
| amitagg wrote: | | yashrahul wrote: | Note:Infy was down some 300 rs today yet the nifty was maintained till 2.30 pm at close to 6550...if not for infy we could have well been above 6550...complacency of the bulls got the better of them in the last one hour...I don't know for sure but slowly things across world markets have not been that rosy over the past one week or so...options data still has not shown a huge downside is on the anvil....tomorrow's close will give an indication going into an extended holiday...best luck
it would be very nice if we could open some 40-50 points gap down tomorrow just to wake the 6500 put writers up by shaking them...higher the gap down higher chances that the 6500 put writers will wake up alarmingly |
i feel that market are going down so that 6500 puts can be further written at higher premium so that after somedown ticks to 6440-6460....markets can bounce back....giving profits to put writers.....
6500 put writers would be shaken only below 6415 NS.... |
also since OI is highest at 6400 only?? and VIX has not risen....so smart ones would not be bothered with this fall.....also see RK;s musings in "Select...." |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #405 Posted: Fri Mar 14, 2014 12:28 pm Post subject: |
|
|
| amitagg wrote: | | amitagg wrote: | | yashrahul wrote: | Note:Infy was down some 300 rs today yet the nifty was maintained till 2.30 pm at close to 6550...if not for infy we could have well been above 6550...complacency of the bulls got the better of them in the last one hour...I don't know for sure but slowly things across world markets have not been that rosy over the past one week or so...options data still has not shown a huge downside is on the anvil....tomorrow's close will give an indication going into an extended holiday...best luck
it would be very nice if we could open some 40-50 points gap down tomorrow just to wake the 6500 put writers up by shaking them...higher the gap down higher chances that the 6500 put writers will wake up alarmingly |
i feel that market are going down so that 6500 puts can be further written at higher premium so that after somedown ticks to 6440-6460....markets can bounce back....giving profits to put writers.....
6500 put writers would be shaken only below 6415 NS.... |
also since OI is highest at 6400 only?? and VIX has not risen....so smart ones would not be bothered with this fall.....also see RK;s musings in "Select...." |
I have got my 40-50 points gap down...6500 put writers have woken up shaken..it was all i wanted..now in the next one week we will know who are the smart ones..
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
