iCharts Discussions

[yashrahul]

Vinay 28....i was very specific...still...good observation...

[vinay28]

[paa]

Vinay

[yashrahul]

8,68,600 addtion in 6100 pe lets see whether the put writers hold their positions or increase their put writing in the next remaining 45 mins or so or put writers reduce their positions at 6100pe by day end...lets see.

[yashrahul]

22/10/2013

HIGHEST OPEN INTEREST IN PUT:6100PE =60,76,950.

HIGHEST OPEN INTEREST IN CALL:6300 CE =51,81,250.

Note:6100 pe has added 8,43,500 by day's end..6100 pe has taken over as the put with highest oi...6300 ce still has highest oi for call side...extremely boring and dull market..fireworks are round the corner it seems...true for both... markets and with diwali coming up..i again repeat old fevicol advertise which i had mentioned yesterday..but by not embarrassing myself i try to right it in English..."Hold Hold it my friend(i mean to say markets..again please don't misunderstand) please don't let it fall(again i am talking about the operators holding the markets here and eating the premium of both calls and puts..there by making diwala(please don't misunderstand for diwali) of option traders like me)".This old advertise of fevicol requires a lot of explanation..in hindi or in english...what say...

[yashrahul]

Huge call writing seen in 6200 and 6300 calls...6200 ce oi has added 10,40,450 and 6300 ce has added 11,08,000 similarly 6000 pe has also added 6,75,400 in oi...it seems reversal is about to come but remains to be seen till what level..6100 pe which has the highest oi in puts of 60,96,300 has not cut oi till now...lets see what happens in the remaining 3 hours or so for the day...if 6100 pe oi gets cut and at the same time 6100 ce has addition in oi it means that the markets will go down further...lets wait and watch

[yashrahul]

as mentioned in last post.. 6100 pe oi is getting cut by -3,32,000 and 6100 ce is adding oi by 4,26,500...it means market will go down further..writing in full swing in 6200 ce...10,90,700and 6300 ce..14,26,300 other sign that the market is coming down..the picture will be more clearer by evening..everything depends on closing and oi position at the end of the day but now the options data suggests markets are going to come down in the coming days ...lets see...

[yashrahul]

i may be totally totally wrong and look like a fool by evening or tomorrow but something big is on the anvil..let me tell you how...6000 ce is showing early signs of being written..plus huge addition in 5900 pe and 6000 pe..the best support that i can see if 5900 pe and 6000 pe are being bought and not sold is 5700...that means a slide till 5700 nifty is still on the cards...i might sound overly bearish but options data is vague and works more on intuition..my intuition says so...lets see.

[yashrahul]

23/10/2013

HIGHEST OPEN INTEREST IN PUT:5700PE =58,65,350

SECOND HIGHEST OPEN INTEREST IN PUT:6000 PE=56,99,350

THIRD HIGHEST OPEN INTEREST IN PUT:6100 PE=56,23,850.

HIGHEST OPEN INTEREST IN CALL:6300 CE =61,70,450.


Note:By the end of the day the options data changed a lot but still slightly biased towards the bears as compared to yesterday..till yesterday 6100 pe had highest oi..today it cut -4,24,650...6300 ce added 12,71,350...i see slight signs of reversal.. i can only be sure if i see huge writing in 6100 ce with addition of 15-20 lakhs in oi and along with that 6100 pe and 6000 pe both shedding oi...lets see with expiry and diwali both approaching..some fireworks are expected...

[mayur2402]

Hi Yash,

Went through your compilation of posts.... Seems u have done a fantastic work.... Keep it on man...... big five

[yashrahul]

mayur2402:thanks

[ndpotade]

Thanks Yashrahul....

[amitagg]

sent a pm

[chandrujimrc]

Dear yashrahul.

Any update?

[yashrahul]

chandrujimrc:sorry my friend..no clear data emerging till now..no clear trend emerging..very vague..options data is always vague and today also till now it remains so..