Chat

Huge Shorts are added with Max Pain moving down & More PEs are added.Slightly Bearish. Sell far OTM CE

Time VIX SGX Nifty FII DII
09 October 2019 07:53:24 17.83 11131.0 -494 905

Option Interest Data Analysis (Weekly)

 

Script Max Pain PCR High OI PE High OI CE Chng OI PE Chng OI CE
Nifty 11200 0.56 11000 11500 11100 11200
Banknifty 28000 0.55 27000 29000 27500 28000

Future Data Analysis

 

Symbol Expiry Date Last Price Chg(Rs) Chg(%) Open Interest Change in OI Change (%)
NIFTY 31-Oct-19 11151.85 -63.30 -0.56% 15524850 44625 0.29%
BANKNIFTY 31-Oct-19 27873.90 20.15 0.07% 1441060 -204460 -12.43%

 

Nifty. (Over all FNO Position: Slightly Bearish)
SGX Nifty is 0.31 Up and Global market is down
FII is in Sell side
Highest OI in PE is moved down to 11000 and Highest OI in CE is at 11500
PEs are sold at 11100 and CEs are sold at 11200
More number of CEs have been added than PEs
Max Pain is at 11200 (Down by 100)
PCR value is not changing much
Net Future Position : Bit Short Build Up
Preferred Strategy: Sell far OTM CE

 

Banknifty. (Over all FNO Position: Slightly Bearish)
HDFC Bank is 0.21% up & ICICI Bank is -0.68% down in USA
Highest OI in PE is at 27000 and Highest OI in CE is moved down to 29000
PEs are sold at 27500 and CEs are sold at 28000
More number of PEs have been added than CEs
Max Pain is at 28000 (Down by 200)
PCR value is increasing
Net Future Position : Neutral
Preferred Strategy: Sell far OTM CE

Jegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is one of the prime Option Writing Trainer and tutored close to 1000 members till now.

He is the Mastermind of CapitalZone РActive Option Trading where Traders can avail Trading Chart with customised indicators, FNO tools and Payoff analysis. His keynote is to provide whole FNO deets to be handy for Traders in a sole place.

Now he is taking more heed on hedging portfolio in Option Writing where we might subject to more market risk. He is streamlining his strategies often and improving perpetually. At this time unfolding ways to measure good-quality Trend Following System.

Conducting workshop in all Metro Cities (Delhi, Mumbai, Bangalore, Chennai and Coimbatore) often based on queries from Traders.