| View previous topic :: View next topic |
| Author |
OPEN INTEREST IN NIFTY OPTIONS |
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
Post: #451  Posted: Fri Mar 28, 2014 10:39 pm Post subject: |
 |
|
Note:6600 put is being written....markets are going up and some out of the money calls are being bought..the trend is on the upside and plenty of opportunities await on the short side once the election results are done with...
Because of the current rally I am happy for all those who have been stuck over the past 5-6 years in the markets..at least they are getting an opportunity to move out if they please.
Before the recession and sometime in 2003-2005..i don't remember exactly...There was a time when the people sitting in the Broker's firm had never imagined that the BSE will cross 10000(me being one of them)...but the BSE not only crossed 10000 but marched on till 21000 in a very short period of time...it was the time when 2 anchors of the most famous business channel used to wear funny looking caps and celebrate the new high every other day..the markets kept on going up and up ..every few days.....i am not saying that something like that is about to happen but when the markets start rallying after hitting lifetime highs one should never try to guess the top for such a rally and let the markets decide what the top is..
My guess is that by the end of may series when the election results are out and we start concentrating on the basics rather than the elections that will be the time when we will know exactly where the markets are headed..till that time trade carefully and best luck  |
|
| Back to top |
|
 |
|
|
|
karanbhalla2001
White Belt
Joined: 28 Nov 2010
Posts: 1
|
| Post: #452 Posted: Sat Mar 29, 2014 8:17 am Post subject: |
|
|
Hi, yes even i have observed that the Nifty tends to expire between the put and call strike which has the highest open interest. But i think you can get better trade ideas by looking at the "quality" of the data. By which i mean, have a look at the file called "participant wise open interest" available on the NSE site in F&O daily reports. it will give you a detailed breakdown of derivative products long/short as per the customer class, even FII's. I Have attached the latest file. Have a look  |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #453 Posted: Mon Mar 31, 2014 6:16 pm Post subject: |
|
|
| GUDI PADVYACHYA HARDIK SUBHECHA...HAPPY NEW YEAR TO ALL |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #454 Posted: Mon Mar 31, 2014 6:26 pm Post subject: |
|
|
| NOTE:6700 put has added more than 9 lakhs in oi and 6700 call also has added more than 4 lakhs in oi....tomorrow's RBI policy is very crucial and it is premature to comment today whether 6700 puts/calls are written or bought ...by tomorrow's close and EOD options data it will be easier to comment ...if today's close is any indication to go by then tomorrow's policy is definitely in the favor of the bulls...we have to wait for EOD data after the policy.. .. all the best... |
|
| Back to top |
|
|
yoginishreyas
White Belt
Joined: 03 Dec 2012
Posts: 80
|
| Post: #455 Posted: Mon Mar 31, 2014 7:49 pm Post subject: |
|
|
| yashrahul wrote: | | GUDI PADVYACHYA HARDIK SUBHECHA...HAPPY NEW YEAR TO ALL |
TUMHALA PAN GUDIPADVYACHYA ANI NAVIN VARSHACHYA SHUBECHA  |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #456 Posted: Tue Apr 01, 2014 8:07 pm Post subject: |
|
|
| yoginishreyas wrote: | | yashrahul wrote: | | GUDI PADVYACHYA HARDIK SUBHECHA...HAPPY NEW YEAR TO ALL |
TUMHALA PAN GUDIPADVYACHYA ANI NAVIN VARSHACHYA SHUBECHA |
|
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #457 Posted: Tue Apr 01, 2014 8:19 pm Post subject: |
|
|
Note:6600 and 6700 put are being written for sure...it seems 6800 call is also being written but one can't say for sure...markets are in no mood to let the rally fizzle out with maximum holidays in this series...it seems both put/call premium will be gulped very easily in this month...the real fun will start in may series and the biggest leveler will be the elections.....as mentioned earlier we will know after the may series where exactly the markets are headed..
whenever i am online and see something intraday which is worth a mention i will definitely let everyone know,Don't mind if i am not regular till the election results as the bulls hold the upper hand till then..in the meanwhile if the tide turns and the volatility increases i will be back to my regular ways... take care |
|
| Back to top |
|
|
manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
|
| Post: #458 Posted: Wed Apr 02, 2014 5:27 pm Post subject: |
|
|
| todays update plz..... |
|
| Back to top |
|
|
yoginishreyas
White Belt
Joined: 03 Dec 2012
Posts: 80
|
| Post: #459 Posted: Thu Apr 03, 2014 12:37 am Post subject: |
|
|
| manojkr78 wrote: | | todays update plz..... |
I think 6700Put has been written heavily today, Nifty call side range has shifted to 6800 and another 4 Lacs shares has been added in 6900 Call, All of this is bullish sign.  Still, I will wait for Yash to confirm this data, i am not expert 
Yash, Since you were live in the markets in 2005-2006 when sensex was less than 10,000, Did you observe Option data of those times? I wonder how this oi data move in that thirsting trend at that time. Please share your little experience here. |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #460 Posted: Thu Apr 03, 2014 10:32 am Post subject: |
|
|
| yoginishreyas wrote: | | manojkr78 wrote: | | todays update plz..... |
I think 6700Put has been written heavily today, Nifty call side range has shifted to 6800 and another 4 Lacs shares has been added in 6900 Call, All of this is bullish sign. Still, I will wait for Yash to confirm this data, i am not expert
Yash, Since you were live in the markets in 2005-2006 when sensex was less than 10,000, Did you observe Option data of those times? I wonder how this oi data move in that thirsting trend at that time. Please share your little experience here. |
The market is bullish till elections and till the end of may series one can't say where the market is headed...upward trend can be seen everyday..everyday the itm puts are written heavily..bears are being butchered...but 6 years the bulls were butchered so some revenge is natural....market should start consolidating somewhere in the 6700-6900 band but much of downside is still not expected as 6600 put and 6700 put has added huge open interest...till they don't cut oi market will trade in this band...boring market as we have lots of holidays and nifty management will be very easy for the big guys.
I didn't follow options data much at that time and started following it much later somewhere in 2010 or so...all i know back then the puts/calls were not written the way they are now...itm puts/calls were not cheap the way they are now...nifty management existed but not the way it is now....  |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #461 Posted: Thu Apr 03, 2014 2:50 pm Post subject: |
|
|
| 6700 put still not losing oi and one interesting development 6400 put adding oi with more than 40% rise in premium...might be it is bought by institutions to hedge the portfolios against a big fall ...we will know in a few days.... |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #462 Posted: Thu Apr 03, 2014 2:53 pm Post subject: |
|
|
| yashrahul wrote: | | 6700 put still not losing oi and one interesting development 6400 put adding oi with more than 40% rise in premium...might be it is bought by institutions to hedge the portfolios against a big fall ...we will know in a few days.... |
my hopeful target is 6480 |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #463 Posted: Thu Apr 03, 2014 3:00 pm Post subject: |
|
|
| vinay28 wrote: | | yashrahul wrote: | | 6700 put still not losing oi and one interesting development 6400 put adding oi with more than 40% rise in premium...might be it is bought by institutions to hedge the portfolios against a big fall ...we will know in a few days.... |
my hopeful target is 6480 |
|
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #464 Posted: Sat Apr 05, 2014 9:20 pm Post subject: |
|
|
| Note:From 6300 to 6600 all the puts have cut oi but 6700 put has cut very small oi...still it has at least started to cut oi...an temporary intermediate top is formed again after last temporary top of 6550 which was eventually taken out..now lets see whether this new top which was formed recently gets taken out in the coming days or slowly becomes a big hurdle to cross..too early to say but cutting of oi of most of the puts till 6300 and even a very small cut in oi of 6700 put is good news for the bears...lets wait and watch...best luck... |
|
| Back to top |
|
|
yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
|
| Post: #465 Posted: Thu Apr 10, 2014 5:29 pm Post subject: |
|
|
| note:All the puts have cut some oi except 6800 put....6800 put has added huge oi which is not a good sign for the bears but the close was not so bad for the bears....has the reversal started or is it just another day....tomorrow's close is very crucial to determine whether the upward trend is still intact as we have a holiday on monday...some unwinding by 6800 put writers at EOD is what all the bears will look forward to... it might well be that those in huge profits would like to lighten up and thereby start giving the bears a chance to make a comeback...volatility should rise as we start approaching the election results in may...best luck |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
