Thursday, August 10, 2017

Opening Moves

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. Highest Open Interest in Calls is for 10100 with Open Interest at 5,627,175 a change of 12% and IV of 9.26 with change in OI to Volume of this strike at 10.2.

  2. Second Highest Open Interest in Calls is for 10200 with Open Interest at 4,855,350 a change of 5% and IV of 9.53 with change in OI to Volume of this strike at 4.3.

  3. Largest Change OI in Calls is for 9900 with Open Interest at 3,132,225 a change of 51% and IV of 9.28 with change in OI to Volume of this strike at 21.8.

  4. Highest Open Interest in Puts is for 9800 with Open Interest at 5,156,175 a change of 7% and IV of 13.46 with change in OI to Volume of this strike at 5.1.

  5. Second Highest Open Interest in Puts is for 9900 with Open Interest at 3,974,850 a change of 3% and IV of 12.94 with change in OI to Volume of this strike at 1.9.

  6. Largest Change OI in Puts is for 9700 with Open Interest at 3,310,200 a change of -11% and IV of 14.16 with change in OI to Volume of this strike at 8.

  7. #Nifty Put to Call Ratio of the actively traded strikes for the Current Series is 0.85 which indicates mixed sentiment.

  8. Popular strategies for the day continue to be covered calls and short strap strangles

  9. The PCR is moving down slowly but surely

  10. This indicates that more and more Option Sellers are turning bearish

  11. Nifty is attempting to balance below previous VAL.

  12. It is unlikely to slip below 9810 Cash. But if it does than this correction would run quite deeper.

  13. Nifty is oversold below 9837 Cash, it'd be a good trade location for intraday longs, with 9810 Cash as Stop

  14. Likely range till 14:30 is 9810 to 9923

  15. The open is Open Auction Outside Value, and Outside Range

Please read the sidebar carefully. Thank You for your visit