Marketcalls
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Analysing Nifty 28-May-3500-PE

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This is the first time iam presenting my view on Options.
 
Chart shows Open Interes Addition in Nifty 3500 PE's with increasing Nifty Points and there is a huge divergence between the 5 day moving average(Rs 150 levels) and the actual price(Rs 113/Lot) as per daily chart. So the target would be Rs 150 if there is any mean reversion in Nifty 3500 PE option. Supports Near Rs 100-105 levels
Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
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3 Replies to “Analysing Nifty 28-May-3500-PE”

  1. Hey good work. Can you please post details on how to interpret FO details such as OI, Premium change etc.ThanksVinod

  2. Hi Vinod,Have a llok at this. Some basics with how to interpret Open Interesthttp://www.marketcalls.in/2008/05/general-rules-for-volume-and-open.html

  3. Than You for the update on Options. Quiet intrigued by your analysis. Agreed about mean reversion. But, it could also be due to time decay…..or maybe the increase in volatility forcing big investors to protect themselves to write options – forcing premiums to come down…just my 2 cents….would love to hear more from your about options esp. the mean reversion part and how you spot the best of the lot.One of the best blogs to cater for Nifty and Technical analysis education. Thank you so much.Rgds,Loke4300

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