Nifty Open Interest Analysis

[Option.Trader]

Its been one month of OI analysis, i would have loved to create a poll to see if it has been useful, but somehow the polling is disabled
Tuesday's trade clearly showed that expiry would have been between 5680-5720, and option writers had a gala day when nifty was kept at these levels

For next month, as shown below, maximum rollover of around 1.6Cr Index Futures has happened between 5696 and 5757. So closely watch these levels for november

Options OI : 5900CE has the highest OI at 31Lakhs, so looks like the immediate resistance. 5600 PE has the highest OI on Put side at 39Lakhs, so support looks to be at 5600. These are initial days, tomorrows 5700PE should give some clues as to where OPtion writers are putting their initial bets on

 

[megapixel]

Its been one month of OI analysis, i would have loved to create a poll to see if it has been useful, but somehow the polling is disabled
Tuesday's trade clearly showed that expiry would have been between 5680-5720, and option writers had a gala day when nifty was kept at these levels

For next month, as shown below, maximum rollover of around 1.6Cr Index Futures has happened between 5696 and 5757. So closely watch these levels for november

Options OI : 5900CE has the highest OI at 31Lakhs, so looks like the immediate resistance. 5600 PE has the highest OI on Put side at 39Lakhs, so support looks to be at 5600. These are initial days, tomorrows 5700PE should give some clues as to where OPtion writers are putting their initial bets on

5900 - 5600 ......its a huge range buddy....very risky ...anything can happen in this range

 

[DanPickUp]

5900 - 5600 ......its a huge range buddy....very risky ...anything can happen in this range

In September you started around 5250 and you went up to around 5700. What do you call that?

 

[megapixel]

In September you started around 5250 and you went up to around 5700. What do you call that?

long term purchase works sometimes

I'm holding 5700 CE CALL NOV series ....bought in OCT.


upbeat with this news ..

http://www.moneycontrol.com/news/ma...er-to-6000-by-diwali-betlt-baliga_772125.html

this guy is an independent analyst.

 

[sjnanes]

good revie on open interest. it is helpful .pls continue

 

[option writer]

here November month excel sheet for real time open interest calculation to find market direction...
http://www.4shared.com/office/1lKaOgHc/november_nse_now.html
happy trading...:thumb:

 

[Reggie]

Option Writer,

Do you only sell options for premium as your name suggest or also buy options? If you write options, do you hedge your exposure? Just curious.

here November month excel sheet for real time open interest calculation to find market direction...
http://www.4shared.com/office/1lKaOgHc/november_nse_now.html
happy trading...:thumb:

 

[sabhlok_r]

here November month excel sheet for real time open interest calculation to find market direction...
http://www.4shared.com/office/1lKaOgHc/november_nse_now.html
happy trading...:thumb:

thanks for sharing this. The 'data' - 'refresh' is however greyed out in my excel. I am using 2003 version of excel. Pls confirm...

 

[option writer]

Option Writer,

Do you only sell options for premium as your name suggest or also buy options? If you write options, do you hedge your exposure? Just curious.

we can only trade in option writing ...
option writing is only profit mode..
time factor will decide to Buy options..
normally first fifteen days Buy option is valid with low risk ...
hedging not a right trade ..so many argue hedging is best to protect capital...
my view is if u hedge then u can profit with the differences of premium and that premium difference was based on time factor and the strike , series...

happy trading...:thumb:

 

[option writer]

thanks for sharing this. The 'data' - 'refresh' is however greyed out in my excel. I am using 2003 version of excel. Pls confirm...

send ur team viewer id with pwd to metaji at rocketmail com
i will help u..:thumb:
happy trading..