Thursday, 29 September 2011
29th Sep 11(Thurs) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain on 29th Sep 11(Thurs). Data pertains to OCT Series. Currently the highest OI Build up is at 4800 Put and 5200 Call. hence the range for the Nifty in Oct series appears to be 4800-5200.
Recall that in the SEPT series 5160-5170 area proved to be a strong resistance area for Nifty. and also 4910-4920 was good support area.It was broken once and nifty has gone all the way to 4760 and recovered. It managed to close above 5000 on the expiry day(today).
Make a note of Holidays in Oct Series.
06th Oct, Thursday
26th Oct,Wednesday
27th Oct, Thursday
Oct Series settlement week has only 2 trading sessions and settlement is on 25th Oct ,Tuesday.Sessions approaching the expirty date are usually high volume and volatile. In the Oct Series, these high volume , volatile sessions may start from the middle of 3rd week. Just to make things interesting,on 25th Oct,Tue, RBI announces its policy.
Today, Germany has voted yes on EFSF expansion. There are voting , meetings in the October in Europe on Euro Debt Crisis. These are market moving events.keep a tab on them.
Happy Trading in the Oct Series
Wednesday, 28 September 2011
NSE Stock Futures Gainers 28th Sep 11(Wed)
Hi Traders,
here is a list of Top 20 Nse Stock Futures Gainers on 28th Sep 11(Wed) where there is increase in the Price and Decrease in Open Interest. There are no Gainers with increase in the Open Interest today.May be due to the settlement tomorrow. Either unwinding or rolling over of positions to next series.
Euro Debt Crisis and Events in the Europe
Hi,
Finland has voted yes on EFSF(European Financial Stability Fund) Expansion plan.
Tomorrow (29th Thurs) , Germany will vote on EFSF Expansion Plan.
Also, on 29th Thurs, there is a Italian Bond Auction .
Finland has voted yes on EFSF(European Financial Stability Fund) Expansion plan.
Tomorrow (29th Thurs) , Germany will vote on EFSF Expansion Plan.
Also, on 29th Thurs, there is a Italian Bond Auction .
28th Sep 11(Wed) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 28th Sep 11(Wed).
Tomorrow is final session of SEPT Series.
Volatility Index : (32.00 -0.01, -0.03 % )
Today Nifty Opened higher above 5000 , made a high of 5006 and slipped below 5000.Touched a low of 4920 and closed around 4945.
As i write this(9.35 p.m) Europre markets are in red and US markets are marginally positive. Currently the focus is on Germany's voting tomorrow(29th Thurs) on EFSF expansion.Finland has already voted yes today.There is less focus on another important event. Italian Bond Auction is also scheduled on 29th, Thurs. Bond investors interest in this auction will indicate any concerns about the Italian Debt.
There are voting , meetings in the October in the Europe relating to Euro Zone Debt crisis.keep a tab on these developments as they are market moving events.Expect market to be volatile in the October too.
Tuesday, 27 September 2011
27th Sep 11(Tue) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 27th Sep 11(Tue).
Number of Sessions Remaining in SEPT Series : 2
Volatility Index : 32.01 (-3.42 , -9.65 % ).
here is Nifty Option Chain of 27th Sep 11(Tue).
Number of Sessions Remaining in SEPT Series : 2
Volatility Index : 32.01 (-3.42 , -9.65 % ).
Tracking Global Cues , Nifty Opened Gap up above 4900 and steadily moved up.Touched a high of 4980 and closed at 4971. As i write this(8.45p.m) US and Europe markets are trading positive with good gains.
Nifty may have another positive session tomorrow. Notice the OI Addition at 4900 , 5000 Puts. More than 25 lakhs at each strike. These put writes seems to be confident about the positive trend continuing.As settlement is nearing , beware of the volatility.
Nifty may have another positive session tomorrow. Notice the OI Addition at 4900 , 5000 Puts. More than 25 lakhs at each strike. These put writes seems to be confident about the positive trend continuing.As settlement is nearing , beware of the volatility.
Monday, 26 September 2011
26th Sep 11(Mon) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 26th Sep 11(Mon).
Number of sessions remaining in the SEPT series : 3
29th Sep, Thurs, Settlement Day.
Today is another Volatile Session. Nifty went all the way down to 4759 and bounced back to 4860 and closed around 4830. Based on today's session, one can say 4800 put writers showed strength. Notice the OI Build up at 4700, 4800 Puts . There is no unwinding. In fact there is a small addition of OI at these 4700,4800 Puts.
Also there is a considerable OI Addition at 4700, 4800, 4900 calls. US and Europe markets are trading positive as i write this(at 10.15p.m). As such there is no danger of Asian markets opening gap down.
I am thinking if Nifty Opens around 4830 or even goes down a bit after opening, going long on 4800 call may be more profitable than going short on nifty.
Sunday, 25 September 2011
Nifty Option Chain - Weekly Wrap - 19-Sep-11 to 23-Sep-11
Hi Traders,
here is weekly wrap of Nifty Option Chain for the week 19-Sep-11(Mon) to 23-Sep-11(Fri).
- Click the link below for Nifty Option Chain on 23rd Sep 11
- After the post appears,go the Labels in the bottom and click on Nifty Option Chain.
- Nifty Option chain posts for the rest of the days in the week will also appear.
Time running out RBI governor's comments on the current global financial crisis
Hi,
you may like to go through this link to gain perspective on current global financial crisis.This news item in businessline gives RBI Governor's views on the crisis and consequences if it is not resolved.He Warns Time is running out
23rd Sep 11(Fri) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 23rd Sep 11(Fri).
Number of sessions remaining in SEPT Series : 4
29th Sep, Thurs, Settlement day.
Volatility Index : 35.16 ( 1.28 , 3.78 % )
Notice the build up at 4600 Put. May be these put writers are anticipating Nifty will not close below 4600 in this series.Also the OI build up at 4800 call and 5000 call. given the volatility call writers at 4800 are optimistic. but thinking 5000 as ceiling for the Nifty in this series is reasonable.
Keep an ear on Euro Zone news.My take is volatility will remain in this week also. hence it is advisable not to write Naked Options or using strategies like Short Strangles.
Thursday, 22 September 2011
22nd Sep 11(Thurs) Nifty Option Chain
Hi Traders,
Here is Nifty Option Chain on 22nd Sep 11(Thurs).
Number of Sessions Remaining in SEPT Series : 5
Here is Nifty Option Chain on 22nd Sep 11(Thurs).
Number of Sessions Remaining in SEPT Series : 5
Due to the global sell off, Nifty Option Chains of Yesterday and today are looking very different. Both 5100, 5000 Puts Shed around 23 lakh shares and 5000 , 5100 calls saw build up. FII Preliminary stats are showing there is more than 1000 Cr Selling in the cash market and they are also short in the Nifty Futures for more than 1000 crores today.
Nifty is very closely placed to the recent support of 4910, 4920 region. Fed's meeting is over and the details are out. I think, there are no more Twists in the tale for time being. Euro Debt Crisis, global growth etc are the issues to contend with. Overall , the sentiment in the market is bearish than bullish.
Wednesday, 21 September 2011
21st Sep 11(Wed) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 21st Sep 11(Wed).
Number of sessions remaining in SEPT Series : 6
here is Nifty Option Chain of 21st Sep 11(Wed).
Number of sessions remaining in SEPT Series : 6
5000 Put has OI of 94 Lakhs. for the remainder of series 5000 looks like the base,barring any external negative shock. Also, 5200 Call, 5300 Call have OI of 70 lakh each. These level could act as either ceilings ,if call writers are strong or Nifty May move to these levels , if there is strong bullish movement.
Pls note that Nifty encountered resistance around 5170 during this series , including today's session.
Tuesday, 20 September 2011
NSE Stock Futures Losers 20th Sep 11(Tue)
Hi Traders,
here is list of Top 20 Nse Stock Futures Losers on 20th Sep 11(Tue) where there is Decrease in Price and Increase in Open Interest.
here is list of Top 20 Nse Stock Futures Losers on 20th Sep 11(Tue) where there is Decrease in Price and Increase in Open Interest.
here is list of Nse Stock Futures Losers on 20th Sep 11(Tue) where there is Decrease in Price and Decrease in Open Interest. This list is short as today's session was very bullish.
Monday, 19 September 2011
19th Sep 11(Mon) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 19th Sep 11(Mon).
Number of Sessions Remaining in SEPT Series : 8
India Vix : 29.60 ( 1.15, 4.04 % ) The value in the Brackets is change in value compared to previous day's close.
Nifty made a slow,laboured move to 5030 levels and closed around 5030.There is no Open interest reduction either in the money or near the money calls or puts.Nifty held up well amid Euro Zone concerns unlike the other Asian markets or European markets.US markets are also in red as i write this(9.25 p.m).
US Fed reserve's Two day meeting would start tomorrow. Sept 20th(Tue), Sept 21(Wed).will the volatility in the markets subside?!. I doubt.
Sunday, 18 September 2011
Nifty Option Chain - Weekly Wrap - 12-Sep-11 to 16-Sep-11
Hi Traders,
here is weekly wrap of Nifty Option Chain for the week 12-Sep-11(Mon) to 16-Sep-11(Fri).
- Click the link below for Nifty Option Chain on 16th Sep 11
- After the post appears,go the Labels in the bottom and click on Nifty Option Chain.
- Nifty Option chain posts for the rest of the days in the week will also appear.
Thursday, 15 September 2011
15th Sep 11(Thurs) Nifty Option Chain
Hi Traders,
here is Nifty Option Chain of 15th Sep 11(Thurs).
Tomorrow, Sep 16th (Fri), RBI would announce its credit policy.General Consensus seems to be 25 basis points increase in rates. No increase in rates may be viewed by market as a positive surprise. Any increase more than 25 basis Points would be a negative surprise to the market.
Past 2 sessions, Nifty has closed near the day's highs.Notice the OI Build up at 5000 Put. today it added around 10 lakhs. Given this mood and any positive push to the market , nifty may easily go to 5120 levels.
On the other hand any negative surprise from the RBI, it will be safe to buy 5100 or 5000 Put and square of by end of day with good profit.
Happy Trading
Wednesday, 14 September 2011
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