Sensex

Thursday, March 04, 2010

Re: [sharetrading] Options

 

high OI in 5300 Call suggest that   Option Writers expects max upside of 5300 in Nifty

& high OI in PE 5000  indicates nifty low is capped nr. this level. Assuming Option Writes are  the wiser of traders :)

Open Interest is  dynamic & can change accordingly.

--- On Wed, 3/3/10, d_shah84 <d_shah84@yahoo.com> wrote:

From: d_shah84 <d_shah84@yahoo.com>
Subject: Re: [sharetrading] Options
To: sharetrading@yahoogroups.com
Date: Wednesday, March 3, 2010, 11:25 PM

 

abe
 
Can you please through some lights on how to interpret this OI data.
 
Regards
Dharmesh Shah

From: A P Abraham <abrahamap@airtelmai l.in>
To: sharetrading@ yahoogroups. com
Sent: Wed, March 3, 2010 6:36:20 PM
Subject: [sharetrading] Options

 

Observing the data, there has been high change in OI of 5300 call and 5000/5100 Puts. Which indicates that in most probabilities, market will range in this region for March expiry……….. The OI positions on the lower side indicates to me that the markets are headed upward only. Max I see is 5200 or less on upper side and 4900 on lower side as with today's data………….

Abe



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Posted by nsivaa at 3:00 AM

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