View previous topic :: View next topic |
Author |
OPEN INTEREST IN NIFTY OPTIONS |
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #526 Posted: Tue Jul 15, 2014 10:26 pm Post subject: |
|
|
yashrahul wrote: | sonshu101 wrote: | 7500 PE still have increase in OI of 6L plus and 7500 CE unwinding 40000. Does not this mean some recovery. I know 7600 CE has huge OI addition so that can become ceiling |
7500 call was bought and 7600 call was written yesterday,but overall 7500 call was written over the past 3 to 4 days,hence i mentioned that options data was favoring the bears more than the bulls..in the end 7500 call shed close to 4 lakhs in oi these were the ones who had shorted calls at 7700-7800 levels on the nifty..the cut in oi allowed the bulls to make a comeback...today in the end u were proved correct...congrats...and best luck |
|
|
Back to top |
|
|
|
|
sonshu101 White Belt
Joined: 24 Nov 2011 Posts: 79
|
Post: #527 Posted: Wed Jul 16, 2014 12:07 am Post subject: |
|
|
Yes Rahul. So far bulls ruled. Lets see whether 7500 is sustained and OI change is seen at 7600 |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #528 Posted: Wed Jul 16, 2014 9:47 pm Post subject: |
|
|
Note:Bulls are back,options data points to the rally continuing as first signs of even 7700 put being written are visible...for this series 7500 has become a base..top can be predicted 2 or 3 days later...7600 call has not shed sufficient oi..if it sheds sufficient oi then a rally is on the cards to at least 7800 levels by expiry....if and only if 7600 call sheds sufficient oi will this happen..we will find out soon...best luck |
|
Back to top |
|
|
yoginishreyas White Belt
Joined: 03 Dec 2012 Posts: 80
|
Post: #529 Posted: Thu Jul 17, 2014 2:35 pm Post subject: |
|
|
Yash Dada,
How do you identify current markets, 10Lcs OI has been added into 7700C and 11Lcs OI has been added into 7600P. Is Upside is just correction since price is not moving above 61.80% fibonasi.
Thanks
Shreyas |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #530 Posted: Thu Jul 17, 2014 2:48 pm Post subject: |
|
|
yoginishreyas wrote: | Yash Dada,
How do you identify current markets, 10Lcs OI has been added into 7700C and 11Lcs OI has been added into 7600P. Is Upside is just correction since price is not moving above 61.80% fibonasi.
Thanks
Shreyas |
Hi Yoginishreyas,u can call me Rahul,today's oi addition is confusing..but most probably 7700 call is bought and 7600 put is written..we should see a rally by 3.30,if not then eod data can confirm whether 7700 call was bought or not. |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #531 Posted: Thu Jul 17, 2014 9:57 pm Post subject: |
|
|
Note:markets are moving higher,as long as 7550 holds on the NS markets are going to be fine,options data points to a move on the upside...global markets remaining stable and other factors remaining neutral we can see some very nice up move in the coming week or two...best luck.. |
|
Back to top |
|
|
yoginishreyas White Belt
Joined: 03 Dec 2012 Posts: 80
|
Post: #532 Posted: Fri Jul 18, 2014 10:27 am Post subject: |
|
|
Hey Rahul,
It is too early for prediction but do you think market will end this month on or above 7800? I am holding sell on 7800C and just like any other writer, I want to gulp complete premium
Thanks
Shreyas |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #533 Posted: Fri Jul 18, 2014 11:53 am Post subject: |
|
|
yoginishreyas wrote: | Hey Rahul,
It is too early for prediction but do you think market will end this month on or above 7800? I am holding sell on 7800C and just like any other writer, I want to gulp complete premium
Thanks
Shreyas |
Shreyas,
options data changes everyday..difficult to predict..today is friday and today's closing will give u a better idea...best luck |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #534 Posted: Tue Jul 22, 2014 9:59 am Post subject: |
|
|
huge oi buildup in 7700 put and cut of oi in 7800 call...some other factors also pointing to a good move on the upside...i might be totally wrong and the markets may fall badly..follow strict sl..best luck |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #535 Posted: Wed Jul 23, 2014 9:37 am Post subject: |
|
|
7800 put being written...further upmove likely..i might be wrong...follow strict sl... |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #536 Posted: Thu Jul 24, 2014 7:32 pm Post subject: |
|
|
7800 put has been written heavily today,base has moved from 7700 to 7800 now..it seems so..even though it is too early to say so..bulls are marching ahead...follow strict stop losses...best luck. |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #537 Posted: Thu Jul 24, 2014 8:21 pm Post subject: |
|
|
yashrahul wrote: | 7800 put has been written heavily today,base has moved from 7700 to 7800 now..it seems so..even though it is too early to say so..bulls are marching ahead...follow strict stop losses...best luck. |
okay.....a big spike one day shall frighten & kill the shorters for the market to top that day...happening soon..... |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #538 Posted: Thu Jul 24, 2014 10:34 pm Post subject: |
|
|
amitagg wrote: | yashrahul wrote: | 7800 put has been written heavily today,base has moved from 7700 to 7800 now..it seems so..even though it is too early to say so..bulls are marching ahead...follow strict stop losses...best luck. |
okay.....a big spike one day shall frighten & kill the shorters for the market to top that day...happening soon..... |
Shorters of puts that is the bulls or shorters of nifty futures that is the bears are going to get frightened and killed,it would be nice if u could also specify ur target for this july series. |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #539 Posted: Wed Aug 06, 2014 12:06 am Post subject: |
|
|
Today's day was very volatile but a marvelous recovery at the end, highest oi is at 7600 and 7500 puts..7450-7500 seems like a would be base for this series and 7850-7900 looks like the ceiling as of now,we will soon know in the coming days,best luck |
|
Back to top |
|
|
yashrahul Yellow Belt
Joined: 29 Jun 2013 Posts: 512
|
Post: #540 Posted: Wed Aug 06, 2014 10:48 pm Post subject: |
|
|
as per today's options and futures data,7800,7900 and 8000 call appears to be written but 7500 and 7600 put have not been covered by 7500 and 7600 put writers we have to wait and watch,nifty ceiling and base remain the same as of now,best luck |
|
Back to top |
|
|
|