From: A P Abraham <abrahamap@airtelmai
To: sharetrading@
Sent: Thu, March 4, 2010 3:39:06 PM
Subject: RE: [sharetrading] Options
Shah
Interpreting data is as per ones exp and views of charts. It is difficult to impart as I am yet to reach guruhood status……
In my small knowledge, that I have gained over a period in time, and seeing the way markets move, I have seen that after a move of 4-5PC by markets it is better to protect ones positions. This inc in OI basically denotes that increase in writing of options on either side, I presume.
Am still learning and may be wrong in my presumptions…
Abe
From: sharetrading@ yahoogroups. com [mailto: sharetrading@ yahoogroups. com ] On Behalf Of d_shah84
Sent: Thursday, March 04, 2010 12:56 PM
To: sharetrading@ yahoogroups. com
Subject: Re: [sharetrading] Options
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
Happy Trading,
United we grow!!!
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