BankNifty PUTs & CALLs

[columbus]

DEC.16 dec-series day.12 BANKNIFTY=11373 (4)

The Expected Zone has condensed to (11300~11600) from (11100~11700) .

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side:7K [Prev:20K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side:82K [Prev:-5K]



Current position is indicated in the chart.

The Open Interest on PUT side is pretty high at 82K.
(5 strikes on CALL side VS 1 strike on PUT side)

 

[columbus]

Re: DEC.13 dec-series day.11 BANKNIFTY=11369 (-269)

Hello Bro ...

Can you plz describe the way to calculate Average Open Interest (Today) ???

Hi cellclinic,

Sorry for late reply.

Average Open Interest is Average of OI-Today as marked in the chart.
It tend to lose importance before EXPIRY ,especially in NIFTY OPTIONS , as
options are priced LOW at that time due to time decay.

 

[TraderRavi]

82000 put writing at 11300 today means something fishy

 

[Gandhar.]

82000 put writing at 11300 today means something fishy

may be positions created for fed's taper talk and rbi policy

 

[columbus]

DEC.17 dec-series day.13 BANKNIFTY=11209 (-164)

The Expected Zone has moved down to (11000~11400) from (11300~11600) .

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side:18K [Prev:7K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side:2K [Prev:82K]



Current position is indicated in the chart.

 

[columbus]

CRR:


Therefore, even if the CRR were to be increased by only 1%, the money generated in the economy
would reduce drastically.On the other hand ,if CRR is reduced ,a lot of money is released ,the chance
of market moving up ,is more.


Repo rate and inflation: When the repo rate is raised, banks are compelled to pay higher interest
to the RBI which in turn prompts them to raise the interest rates on loans they offer to customers.
The customers then are dissuaded in taking credit from banks, leading to a shortage of money in the
economy and less liquidity. So, while on the one hand, inflation is under controlled as there is less money
to spend, growth suffers as companies avoid taking loans at high rates, leading to a shortfall in production
and expansion.


Source:Internet.

 

[columbus]

DEC.18 dec-series day.14 BANKNIFTY=11358 (149)

The Expected Zone has moved UP to (11200~11700) from (11100~11400) .

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side:42K [Prev:18K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side:2K [Prev:2K]



Current position is indicated in the chart.

Strange thing is that BANK NIFTY call options gained ⅓ NIFTY
call options.Bank nifty CALL options gained 50% (approx) while PUT options lost
-50%.RBI policy was out with UNCHAGED rates and everybody is looking for
FED rates ,tonight.

 

[columbus]

DEC.19 dec-series day.15 BANKNIFTY=11088 (-270)

he Expected Zone has moved DOWN to (10800~11400) from (11200~11700) .

We follow the PUT and CALL windows with the boundaries, as :


DAY		        LOW~HIGH
=======                 =========	
1  to 6           	50Rs to 500Rs
7  to 11	        40Rs to 400Rs
12 to 16                35Rs to 350Rs
17 to END          	30~15Rs to 300~150RS

This is not based on ANY formula , but on just observations of last few days.

Average Open Interest (Today) in the Expected zone as indicated...CALL side:57K [Prev:42K]
Average Open Interest (Today) in the Expected zone as indicated....PUT side:-15K [Prev:2K]



Current position is indicated in the chart.

 

[timepass]

Re: DEC.19 dec-series day.15 BANKNIFTY=11088 (-270)

the Expected Zone has moved DOWN to (10800~11400) from (11200~11700) .

Hugest OI in 11500CE.

 

[columbus]

Re: DEC.19 dec-series day.15 BANKNIFTY=11088 (-270)

Hugest OI in 11500CE.

Generally speaking multiples of 500 strikes on both sides ,tend to have good open
interest.