BankNifty PUTs & CALLs

[columbus]

MAR.20 Mar-series day.14 BANKNIFTY=12017 (-170)

The Expected Zone has moved DOWN to (11800~12400) from (12000~12500).

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


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

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

Bold indicate Open Interest over 50k.(Open interest-TODAY)[If any]
Italic indicate Open Interest over -50k.(Open Interest-TODAY)[If any]

STRIKES in the Zone  Average Open Interest    Implied Volatility
CALL...5(prev:4)         37K (Prev:37K)              24.95 (Prev: 29.24)
PUT....3(prev:3)         16K (Prev:52K )             22.22 (Prev: 24.95)
(Strikes as shown in the chart)

Current position is indicated in the chart.

 

[columbus]

how to trade for this strategy ???

This is not a STRATEGY ,but is sort of information ,one can use.

 

[columbus]

MAR.21 Mar-series day.15 BANKNIFTY=12092 (75)

The Expected Zone is at (11800~12400) for SECOND day..

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


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

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

Bold indicate Open Interest over 50k.(Open interest-TODAY)[If any]
Italic indicate Open Interest over -50k.(Open Interest-TODAY)[If any]

STRIKES in the Zone  Average Open Interest    Implied Volatility
CALL...5(prev:5)         12K (Prev:37K)              21.17 (Prev: 24.95)
PUT....3(prev:3)         28K (Prev:16K )             19.82 (Prev: 22.22)
(Strikes as shown in the chart)

Current position is indicated in the chart.

 

[columbus]

MAR.24 Mar-series day.16 BANKNIFTY=12408 (332)

The Expected Zone has moved UP to (12200~12700) from (11800~12400) .

Previous day : 12076 (Saturday, a special session was carried out on Saturday)

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


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

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

Bold indicate Open Interest over 50k.(Open interest-TODAY)[If any]
Italic indicate Open Interest over -50k.(Open Interest-TODAY)[If any]

STRIKES in the Zone  Average Open Interest    Implied Volatility
CALL...4(prev:5)         28K (Prev:12K)               28.83 (Prev: 21.17)
PUT....3(prev:3)         207K (Prev:28K )             24.74 (Prev: 19.82)
(Strikes as shown in the chart)

Current position is indicated in the chart.

Appears to be ABNORMAL accumulation on PUT side???

 

[columbus]

MAR.25 Mar-series day.17 BANKNIFTY=12450 (42)

The Expected Zone has condensed to (12300~12700) from (12200~12700) .

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


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

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

Bold indicate Open Interest over 50k.(Open interest-TODAY)[If any]
Italic indicate Open Interest over -50k.(Open Interest-TODAY)[If any]

STRIKES in the Zone  Average Open Interest    Implied Volatility
CALL...4(prev:4)         22K (Prev:28K)              30.02 (Prev: 28.83)
PUT....2(prev:3)         27K (Prev:207K)             23.18 (Prev: 24.74)
(Strikes as shown in the chart)

Current position is indicated in the chart.

 

[columbus]

MAR.265 Mar-series day.18 BANKNIFTY=12518 (68)

The Expected Zone has expanded to (12400~12700) from (12300~12700) .

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


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

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

Bold indicate Open Interest over 50k.(Open interest-TODAY)[If any]
Italic indicate Open Interest over -50k.(Open Interest-TODAY)[If any]

STRIKES in the Zone  Average Open Interest    Implied Volatility
CALL...3(prev:4)         15K (Prev:22K)              28.31 (Prev: 30.02)
PUT....2(prev:2)         67K (Prev:27K)             18.64 (Prev: 23.18)
(Strikes as shown in the chart)

Current position is indicated in the chart.

 

[columbus]

MAR.27 Mar-series day.19 BANKNIFTY=12605 (87)

Bank-nifty ended MARCH series at 12605.


APR-series
=======

 

[praveen98]

Hi Columbus,
No posts about APRIL series....Hope you are fine and doing well...You are doing a good job and i follow this thread regularly which is helping me immensely in my trading....
All the Best,
Praveen:clap:

 

[columbus]

Hi Columbus,
No posts about APRIL series....Hope you are fine and doing well...You are doing a good job and i follow this thread regularly which is helping me immensely in my trading....
All the Best,
Praveen

Hi Praveen98,

In my last series (last day) ,I mentioned in OTHER thread PUT-CALL options,
I mentioned that ,I will be taking a break this series (APRIL series).

"I am taking a break this series due to FATIGUE.But will return to May-series since
it is promising with new government, with new budget expectations."

 

[columbus]

APR.25 MAY-series Day.1 BankNifty=13035 (-88)

The Expected Zone is at (12800~13500).

The price of OPTIONS is too HIGH ,may be it is a long series.
The Highest option in Option Chain ( NSE ) is 14700 ,which has price at 153.20.
It is too high.I am forced to change the definition of the WINDOW to 500~1000.

Accordingly the chart looks like this.