BankNifty PUTs & CALLs

[columbus]

Re: AUG.8 AUG-series Day.6 BankNifty= 14776 (-221)

Huge range ... 800 pts. could go either way.

A request : Can we make the heading look like this ?

"Re: AUG.8 AUG-series Day.6 BankNifty= 14776 (-221), Change in OI = xx.xx%"

Also, if possible, include some % change in the options.

Yes.5 strikes UPSIDE or 3 Strikes DOWNSIDE from the CURRENT position.

The HUGE range may be due the decay is faster than ANTICIPATED.(The table enclosed
in HTML code gives a rough idea.It has to be fine - tuned.May from next week onwards
the range will reduce,since the boundaries change to 400~80Rs)

The suggestion made by you is very useful.I will keep it in my mind.My intention is to
present the data ,in useful way ,with minimal calculations.

 

[columbus]

AUG.11 AUG-series Day.7 BankNifty= 14847 (81)

The Expected Zone has condensed to (15200~14600) from (15200~14400).

DAY                              LOW~HIGH						
=======                          =========      						
1  to 6                 Approx...100Rs to 500Rs						
7  to 11                Approx...80Rs to 400Rs						
12 to 16                Approx...60Rs to 300Rs						
17 to END               Approx...40~20Rs to 300~200RS						
						
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]

Weak bounce today.. I guess this is what they call a dead cat bounce.

 

[columbus]

...

.........NIFTY................................Bank Nifty...

The change in in Bank nifty is rather unpredictable.The risk involved is maximum.You get a lot
of benefit ,provided you get the TREND correct.Volatility is maximum.Perhaps That is the reason
why the size is kept 25.

 

[columbus]

AUG.12 AUG-series Day.8 BankNifty= 15057 (210)

The Expected Zone has moved UPWARDS to (15400~14800) from (15200~14600).

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.

 

[columbus]

AUG.13 AUG-series Day.9 BankNifty= 14911 (-146)

The Expected Zone has moved DOWNWARDS to (15200~14600) from (15400~14800).

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.

 

[columbus]

AUG.14 AUG-series Day.10 BankNifty= 15090 (179)

The Expected Zone has moved UPWARDS to (15400~14800) from (15200~14600).

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.

 

[columbus]

AUG.18 AUG-series Day.11 BankNifty= 15440 (350)

The Expected Zone has moved UPWARDS to (15700~15200) from (15400~14800).

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.

 

[columbus]

AUG.20 AUG-series Day.13 BankNifty= 15482 (-43)

The Expected Zone has expanded to (15800~15200) from (15700~15200).
(From day.11 of the series)

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.

 

[columbus]

AUG.22 AUG-series Day.15 BankNifty= 15819 (157)

The Expected Zone has moved UP to (16100~15600) from (15800~15200).
(From day.13 of the series)

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.