Marketcalls

Simply Intelligent Technical Analysis and Trading Strategies

Highest Open Interest in Stock Options Visualized

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Highest Open Interest among option strike price is the widely used terminology to identify where most of the liquidity flow happens i.e where more of the writers and buyers willing to hang around. Is there we can get any meaningful & real intelligence from such information that is the curiosity it makes me to collect historical highest open interest for all the stock futures price using python (my team had built me a simple app which does that little work) and used plot.ly for visualization.

Interpreting Options Price and Open Interest Relationship

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We know that Open Interest is nothing but the total number of outstanding contracts. And for Options we have Open Interest for every individual strike price. It is a myth that 90% of the option expire worthless. Textbooks, Internet & even most of the option experts preach that option writing is smarter than buying options . But is that true?

Nifty Futures September 2016 Overview

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Nifty Futures currently trading in a broader consolidation range for the entire august month and the September series contract is still trading in the broader range between 8575-8800. Overall Market mood is not so far benefiting the trend followers. Choppiness is again expected on Monday. However price trading and maintaining above 8600 indicates a possible continuation of the range 8575-8800.

Reasons Why Nifty Will test 8217 before this expiry

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After 6 consecutive losses nifty spot made an attempt to close positive marginally. Nifty Daily sentiment turned positive at open and maintained the positivism throughout the session. Previous Sentimental Gap Down levels are at 8217 and 8252 and the professional gap 8359 zone remains unfilled so far. Overall traders sentiment is bearish on nifty as people has mixed opinion about Bihar polls.

Nifty and Bank Nifty Futures September Series Outlook

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Nifty and Bank Nifty weekly future charts suggests the RSX is still in declining mode and at the extreme. Current downtrend is expected to end this week before bottoming out. Support is expected around 7500 zone and 15600 zone respectively. Failure to hold the support zones are likely to be more bearish for the current downtrend.

State of the Market : May Expiry Overview

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The Nifty Futures and Bank Nifty Futures continued to move up last week, gaining 2.2% and 1.0% respectively on close. And Bank Nifty is relatively under-performing in the recent uptrend. However this may so far foreign investors are relentlessly selling in equity market and Debt Market and had pulled out more than Rs 14,000 crore. The Outflow of Debt Market is far steeper than Equity Market.

Nifty and Bank Nifty Futures Positional Trend Update

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Nifty Futures continues its positions sell mode right from 24th September onwards and currently the resistance zone comes around 7997 .Reverse your position to positional buy mode if the resistance breaks on the hourly charts.. On Contrary Bank Nifty futures maintains the Positional Buy mode and currently the support zone comes around 15349. Reverse your position to positional sell mode if the support breaks on the hourly charts.

Live Bank Nifty Options Open Interest Tool Launched

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After getting couple of request from our readers Bank Nifty tracker is now added to our portfolio and running live. Now one can track and Visualize both Open Interest and Change in Open Interest for Bank Nifty. Now track the Bank Nifty Options on the go. Charts are responsive and optimized for mobile devices.

Nifty and Bank Nifty Trend Update – 14th Aug 2014

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Nifty on the hourly charts turned to positional buy mode with support coming around 7610 and on contrary Bank Nifty still maintains the positional sell mode with resistance zone coming around 15120 reverse your position to buy mode if the resistance zone breaks on the hourly charts.

Call writers take advantage post IIP results

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Industrial production grew at 3.4 per cent in April after contracting for two months in a row mainly due to improved performance of manufacturing, mining and power sectors and higher output of capital goods. However despite strong IIP numbers nifty plunged more than 100 points and closed at 7542 levels on friday.