BC ALL

Saved by @rohan28banerjee

Bijay
@Bijay_reborn 3 years, 11 months ago 2643 views

Save to PDF Share See On Twitter

A small write up on how the OPTION PRICES BEHAVES AT SUPPORT & RESISTANCE

https://t.co/EIbXwcHpHf

https://t.co/zDamXyOhh6

More from Bijay

Bijay
@Bijay_reborn

There are few days and expiry where BNF is sitting time bomb. Actually it becomes difficult to understand whether the Option Seller are Complacent or Cautious. Both the words have complete opposite meaning. Let me explain the situation for tomorrow.

BNF closed at 32800 today

BNF closed at 32800 today and the price of 32800 straddle is 370 points only. Means a range of 32800-370 = 32430 on lower side & 32800+370 = 33170 on higher side.

This 32800 straddle started the day at 453 points and ended at 370 points, a decay of only 80 points during the day

32500 PE is trading at Rs 92/- and 33100 CE is trading at Rs 66/-, so basically a small gap of 250-300 points tomorrow can take these CE/PE writer in panick at open. The only good thing in these options is small OI. The OI is too small in comparision to last few expiries.

So difficult to say whether these writer are Cautious or Complacent. Going by the recent trends, 300 points gap is now common in BNF and with such small premium, God knows which side camel will sit.

Not holding any position but can we see the repeat of last THURSDAY ??

Bijay
@Bijay_reborn

Lets start. This is going to be a long tweet. Please read seriously, your option journey will travel serious distance.

We will use 40500CE and BNF chart to get hold of the things.

Below is 1min chart of 40500CE weekly from 9/9/22 onwards. This week started from 9/9/22(Friday). This CE opened at 430 and hit a high of 499 at 10.35 AM.

The Corresponding level on BNF on 9/9/22 were BNF opened at 40601 and hit a high of 40753 at 10.38 AM.

Then on 12/9/22 BNF crossed 40753 and hit a high of 40770 at 12.40 PM (see the arrow in chart).

At the same time 40500CE hit a intraday high of 458 at 12.40 PM(see the arrow on chart).

Means BNF made new high by 20 points while this CE still fell short by 40 points approx.

So we can say that the chances of BNF moving higher is lower, reason being ITM CE is not making new high on Monday. (Forget - THEETA , GAMMA, MEETA----STAY WITH ME)

Now on 13/9, We opened gap up and made a new high of 40915 at 9.46 AM and then again this high was crossed at 2.47 PM at 40977. (Arrow dekho).

At same time , this CE made a high of 517 at 9.45 AM and then new high of 545 at 2.47 PM.

Advertisement

Bijay
@Bijay_reborn

BNF made a low of 33606 and high of 34815 in this weekly expiry. On all three days it closed below VWAP. Also on all three days its closing very near to 34200 levels. U can see all these levels in below picture.

We all know by now that 34000-34800 is the range of BNF for last few days and hence people shorting OTM options outside this range will make money. Lets dig a bit deep more.

Now see the things one by one

On 20/5/22 this strangle closed at 908 with OI value of Rs 1.22 ,

then on 23/5/22 this strangle closed at 790 with OI value of Rs .80 and finally today it closed at 462 with OI value of Rs 2.09.

This strangle holds the maximum OI in the chain with support and resistance marked which gives us a range of 33538-34962 for this expiry. Frankly

speaking this straddle looks very safe and personally I wont think that todays seller of this strangle will panick ever. Now few more data points, since the start of this weekly expiry Pain points below 34100 is constantly decreasing.

On 20/5 break of this PE was making Rs 3,06,01,91,770.00 in danger and then it reduced to Rs 2,81,17,02,460.00 on 23/5/22 and today its at 2,75,72,14,637.50 . This gives us a idea that PE seller are not confident on their position and hence getting out gradually.

Bijay
@Bijay_reborn

Nifty Nov 18000CE is above monthly Avwap of 260 now. Lets analyse this CE in detail. As much as we can. Lets start.

This is the Monthly OC with special emphasis on 18000CE

We will start analysis the details on hourly basis from 8/11(almost one week) when this call was trading around 300. Lets see what was happening on 8/11 EOD

Posting 18000CE OC from 11/11 and 12/11 EOD

On 8/11, this CE closed at 307 and on 12/11(ydy), it closed at 262 but in between loads of OI got build in this CE to the tune of 6lk contracts.

As per One of my data analysis system they are all short with average of 216 and now if NF starts to run up and crosses 18200,

Bijay
@Bijay_reborn

Lets See the status of Nifty and Bank Nifty and its major stock. The stock which moves both the index. We will use AVWAP across time frame to derive whether stock is weak or strong. We will use Quaterly AVWAP/Monthly AVWAP/Yearly AVWAP and March 20 AVWAP.

More from All

Anu Satheesh
@AnuSatheesh5

Story of Thumba Poo and Shiva

Thumba poo is a tiny white flower which grows in all areas. These flowers are used for treatment for sinus. Small children who have polyps in Nose are told to crush tumbha leaves and apply in nose part.
There is an interesting story of Thumba and

Mahadeva. Thumba flowers were not taken for Shiva Pooja. Saddened to this Thumba prayed sincerely and Mahadeva appeared before her.
She was surprised that Shiva had appeared before her. Instead of saying that she wants to under his feet always, she said
@SriramKannan77

She said that her feet should be on his head. Shiva accepted her prayers. It is because of this Thumba flower is placed in the head of Shiva Linga.
Shambo Mahadeva
Om Namah Sivaye
🙏🕉🙏

Vibhu Vashisth
@VIBHU_Tweet

RISHI PINGALA:THE ANCIENT INDIAN SAGE DISCREDITED FOR HIS MAJOR CONTRIBUTIONS TO MATHEMATICS & PHI

Have you ever heard about,"The Golden Ratio"?
The Golden Ratio or Phi(Greek) is a mathematical ratio of nature. Mother Nature is the most exquisite artist in herself.

&Its this Phi she uses to create all the beauty in World.
If anyone uses this ratio correctly in their art,it can turn into a spell-binding piece of work.Such is the significance of'Phi'.But my thread isn't about it.Its about somethin called'Fibonacci Series'&who actually made it

Phi is related to Fibonacci series(0,1,1,2,3,5,8,13,21,34...)
&this series is responsible for everything dat is beautiful on this planet. Just try to calculate the ratio of any 2 successive numbers ÷ each of them by the number before it in above infinite series.

E.g. 3/2=1.5, 5/3=1.666, 8/5=1.6, 34/21=1.61904 and so on. Did you notice something? The ratio is coming almost same every time. This ratio is called 'Phi 'which is numerically represented as 1:1.618. This Golden Spiral is made in exact proportion of 1:1.618.

The thing I want to emphasize here is that we always find only those things appealing and attractive that have Phi. It's in our subconscious. Isn't it some revelation? We are the part of this Divine proportion of the God or the Mother Nature. Check these:

Advertisement

Vibhu Vashisth
@VIBHU_Tweet

MAHARAANI TARARANI: THE QUEEN OF MARATHAS

Rani Tarabai was the brave daughter-in-law of Chhatrapati Shivaji and one of the greatest medieval Monarchs India ever had.
She was born in 1675 to one of the bravest commander-in-chiefs of Shivaji's Army named Hambir Rao Mohite.

Tarabai was just 8yrs old when she was married to Shivaji's younger son, Rajaram. Mughals and Marathas were constantly at war with each other. Shivaji was crowned the ruler of the Independent Maratha Swarajya in 1674 which was established by him.

However,the great leader died in 1680&the Maratha Samrajya went into a complete&total chaos.Marathas saw some very tough times ahead. In 1689,when Raigad Fort fell to the Mughal Army of over 15000,Shivaji's first wife Saibai and his elder son Sambhaji were captured&put to death.

Sambhaji's wife and son Shahu were taken prisoners to the Mughal court. During the same battle, Shivaji's second son Rajaram(Tarabai's husband) , who was the heir to the throne now, managed to escape using a disguise. He made his way to the Gingee Fort in Tamil Nadu.

Mughal General Zulfikar Khan, however, followed them to Gingee laying siege to the Gingee Fort. From 1690-1698,This was the longest siege by a Mughal Army of any Fort which stands testimony to the military and diplomatic credentials of Rani Tarabai.

Ax
@AchuthArora

@AJA_Cortes @buzz_chronicles @rattibha @SaveToBookmarks save as Workouts

Buzz Chronicles
@buzz_chronicles

@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: "@AJA_Cortes @buzz_chronicles @rattibha @SaveToBookmarks save as Workouts". Enjoy 👌

Hi! There you go! Original tweet by @SaveToBookmarks: "@AchuthArora @AJA_Cortes @buzz_chronicles @rattibha Cool!

Your tweet has been s...". Cheers! 👉

You May Also Like

$sriram \U0001f1ee\U0001f1f3$

sriram 🇮🇳...
@SriramKannan77

Saptapadi

The most essential rite (Sanskrit: rītī) of a Hindu marriage ceremony is Saptapadi (English: seven steps, saptapadī). Saptapadi is a Sanskrit term that means "seven steps." The wedded couple walks seven steps after tying the Mangalsutra, which is known as Saptapadi.

The couple legally becomes husband and wife after the seventh step.
Hindu wedding rituals: During Saath Phere, the bride and groom exchange their marital vows while circumambulating (walking around) the sacred fire seven times.

This is because the bride and groom exchange marriage vows and hope for a happy married life together.

1. The first marriage vow, out of seven, is a petition to the Lord for nutrition and nourishment for the Hindu bride and groom.

2. Hindu Bride and Groom: The second marriage promise is for strength in sickness, health, good times, and terrible times.

3. For the Hindu Bride and Groom - The third marriage promise is for the Hindu bride and groom's prosperity.

4. For Hindu Bride and Groom - The fourth pledge is to stand by their families in good times and bad.

Noah Smith
@Noahpinion

Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)

Advertisement

f1talks.pl
@f1talks

Oleg Karpov pisze, że gdyby Siergiej Sirotkin zdobył w pierwszej części sezonu więcej punktów od Strolla, to jego kontrakt z automatu zostałby przedłużony na kolejny sezon. Tak się nie stało i Williams ma możliwość szukania innych opcji i to właśnie robi. #F1pl

Czego w artykule brakuje, to informacji, że SMP prawdopodobnie przekazało Williamsowi część środków na sfinansowanie sezonu 2019. W przypadku zakończenia współpracy ekipa z Grove będzie musiała zwrócić te środki. #F1pl

To tłumaczy wysokie kwoty jakich Williams ma oczekiwać za fotel od nowego kierowcy. Jest pewnie próg opłacalności i dopóki nie zostanie osiągnięty, to zmiana z finansowego punktu widzenia nie będzie się zwyczajnie opłacała. #F1pl

Tyle można znaleźć w oświadczeniach prasowych... 😂😂😂

$\U0001f1fa\U0001f1f8I Support Our Military & Law Enforcement\U0001f1fa\U0001f1f8$

🇺🇸I Support Our Milita...
@TheWiseOwl_AZ

1. We were informed that Tier 4B (us, the Internet Group) would receive 800# notification on Wed. 16 Dec. (A Shotgun Release of liquidity started on Mon. 14 Dec.).

Redemption Center personnel were scheduled to work for the next nine days from 8:30 am to 8:30 pm until...

2. ... Dec. 24, when they would close at 5:30 pm.

The general public would begin exchanging at the new International Rates on the first banking business day after the Christmas Holiday.

A. The RV, NESARA, GESARA, Restored Republic and Martial Law

3. According to Charlie Ward we began the Ten Days of Darkness on Tues. 15 Dec. The Ten Days would finish Dec. 24 Christmas Eve with the US going into NESARA and then the rest of the world would go straight into GESARA on 1 Jan. 2021.

4. Every single country and territory has agreed to GESARA. The UK government corporation was liquidated in Oct. last year and it was finalized last week. France has started breaking up their Parliament. Everything needed for implementation of NESARA/GESARA was finished.

5. Trump’s Christmas present: In a recent Executive Order President Trump declared that all government agencies (except for essential ones) permanently close on Dec. 24 2020. Trump had that authority since we were already under Martial Law (the US had been functioning under...

Jaya_Upadhyaya
@Jayalko1

NARHARI AND BHAGWAN PANDURANG/VITTHAL

Once a goldsmith by the name of Narhari lived in Pandharpur. He excelled in his craft. He had vowed not to look at Pandurang or visit his mandir ever, as he was a Shiva Bhakt.
One day, a wealthy merchant visited him.

He wanted a gold girdle studded with precious gems, to be made for Prabhu Vitthal. Narhari refused to make it as it was for Vitthal.
After many requests, he agreed to make the girdle but asked the merchant to bring the measurement from the mandir as he himself would not go there

The measurement was given n he made the girdle. When the girdle was put on Vitthal, it was loose. Narhari had to shorten it. Now the girdle became tight. So Narhari was forced to take measurement on his own. He had to go to the mandir but went blindfolded to avoid seeing Vitthal

In the Mandir, when blindfolded Narhari touched Vitthal, he felt as if he was touching Shiva with matted hair, the moon, snake in His neck and Trishul in His hand. Ecstatic with joy, he removed the blindfold to see Shiva but he found the murti of Vitthal with Rukmini there.

He realised the truth that there was no difference between Vitthal and Shiva. Narhari at once fell at the feet of Panduranga. He then took the measurement of the waist of Vitthal and this time the ornament fit the Murti perfectly.

Narayan Hari🙏🏻