BankNifty PUTs & CALLs

[columbus]

July.17 JULY-series Day.15 BankNifty= 15269 (4)

The Expected Zone is at (15700~14900) for SECOND day.

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...xx~xxRs to xxx~xxxRS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[columbus]

July.18 JULY-series Day.16 BankNifty= 15389 (120)

The Expected Zone has moved UP to (15900~15000) from (15700~14900).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...xx~xxRs to xxx~xxxRS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[columbus]

July.21 JULY-series Day.17 BankNifty= 15386 (-3)

The Expected Zone has condensed to (15700~15100) from (15900~15000).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[columbus]

July.22 JULY-series Day.18 BankNifty= 15427 (41)

The Expected Zone has expanded upwards to (15800~15100) from (15700~15100).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[columbus]

July.24 JULY-series Day.20 BankNifty= 15534 (71)

The Expected Zone is at (15900~15200).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[timepass]

700 pts looks like a huge range with only 4 sessions to go for the expiry.

 

[columbus]

700 pts looks like a huge range with only 4 sessions to go for the expiry.

YES.But BANKnifty see high volatility , before EXPIRY the erosion is rather severe.

 

[columbus]

July.25 JULY-series Day.21 BankNifty= 15322 (-212)

The Expected Zone has moved down to (15600~15100) from (15900~15200).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

Boundaries are changed a bit.

 

[columbus]

July.28 JULY-series Day.22 BankNifty= 15212 (-110)

The Expected Zone has condensed to (15400~15100) from (15600~15100).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :

 

[columbus]

July.30 JULY-series Day.23 BankNifty= 15452 (240)

The Expected Zone has moved up to (15600~15300) from (15400~15100).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 600Rs						
7  to 11                Approx...80Rs to 550Rs						
12 to 16                Approx...50Rs to 500Rs						
17 to END               Approx...40~20Rs to 400~200RS						
						
This is not based on ANY formula , but on just observations of last few days.

Based on Today's Open Interest the Bank nifty Option chain looked like this :