iCharts Discussions

[yashrahul]

Note:waiting for EOD as mentioned in my morning post would have been better as generally EOD data is more reliable,even though the market fall looked too much as per the options data much has not changed today,except that the options data doesn't appear as bullish at it appeared till afternoon,some call buyers have squared their position intraday and so have some put writers the pattern that was visible in the morning has changed slightly,tomorrow the options data might change drastically looking at the long weekend but overall looking at the implied volatility today i feel the budget premium has crashed on both calls and puts,from here looking at options data i feel support might come in at 8750 and resistance at close to 9100 or so,tomorrow EOD data will be crucial,best luck....

Disclaimer:open interest in nifty options is too vague a subject for anyone to take a trade based on it.Anyhow i wish to clear that please take trades based on your own calculations and from professionals,I myself am writing this thread as a part of my study for better understanding of this subject of change in open interest in nifty options,thank you.

[yashrahul]

HAPPY GUDI PADWA TO ALL

[yashrahul]

Note:volatility has increased,daily the puts are being shorted in the morning and the bulls are being pushed back by close by making them cover their shorts on puts,this has been going on consistently for the past few days..this series is about to finish..lets see whether next series the pattern changes or remains the same in the next series...next two days are going to be volatile...best luck...

Disclaimer:open interest in nifty options is too vague a subject for anyone to take a trade based on it.Anyhow i wish to clear that please take trades based on your own calculations and from professionals,I myself am writing this thread as a part of my study for better understanding of this subject of change in open interest in nifty options,thank you.

[yashrahul]

HAPPY INDEPENDENCE DAY TO ALL

[yashrahul]

GANPATI BAPPA MORYA...HAPPY GANESH CHATURTHI TO ALL

[yashrahul]

HAPPY DUSSEHRA TO ALL

[amitagg]

You may consider posting max Chg in OI call and put daily And max OI call put
And when an important resistance like 8300 say starts shedding OI and vice versa same for support etc to make your efforts more meaningful. Only in case you are position ally able to do that amidst your routine op and/ or wish to do that

Cheers

[yashrahul]

HAPPY DIWALI TO ALL

[yashrahul]

MERRY CHRISTMAS TO ALL

[yashrahul]

open interest built up seen in 8100 call and 8200 call and at the same time 8100 put and 8200 put is shedding oi ...are the markets going to drift downwards which the open interest data is pointing towards or is this just a trap to take out the weaker bulls..we shall know by the end of this week ...this being a news driven month high volatility seems to be on the cards...trade carefully and best of luck


Disclaimer:open interest in nifty options is too vague a subject for anyone to take a trade based on it.Anyhow i wish to clear that please take trades based on your own calculations and from professionals,I myself am writing this thread as a part of my study for better understanding of this subject of change in open interest in nifty options,thank you.

[AMBY]

Thanks.

[yashrahul]

HAPPY DIWALI TO ALL ...