5th April 2019 – It was a range-bound and volatile day as BankNifty moved within the 1st upper and lower Fibo levels. Good day for delta-neutral option sellers. BN showed some strength in the final minutes of the week. Option chain – (11th April expiry) – More OI added at 30500 CE and 29800 PE …
4th April 2019 – Nice volatile day as BankNifty moved close to 1.5% (450+ points). Tough day for ATM option sellers with strict SL. Though the news was positive on rate cut, markets may have had factored it already. BN crashed close to 350+ in the span of 30 mins. Option chain – (11th April …
3rd April 2019 – BankNifty could not sustain the momentum carried forward from the previous days closing minutes. It was range bound till 2 PM. Post this, it showed a clear sign of weakness. Clearly PE writers at 30100 levels incurred loss, as they closed their shorts. RBI policy outcome is a key event for …
2nd April 2019 – No clear movement in BankNifty as the index moved within a range of 250 odd points. There was a minor 150-point up move towards the end, slightly indicating the mood of the market. RBI event is another major influencer of the index volatility. Option chain – (4th April expiry) – No …
1st April 2019 – BankNifty gapped up and continued to maintain levels within opening 15-min range till 2 PM. There was a short and quick rally to the second support, after which bears came into picture. Post this, BN saw a massive drop of close to 1%+ (350 points). Clear indication of heavy volatility in …
29th March 2019 – It was a very quiet last day of the week, month and financial year, without BankNifty closing just 6 points above the previous close. BN was within the pivot and the fibo level 1 (on a 15 minute candle). A near-zero movement across all the constituent banks. Really good day for …
Link to the Banknifty Straddle Strangle Returns Table – LIVE here Protection for PE, CE legs – Range beyond which you start incurring loss Returns (%) – Minimum returns you expect from positions Date – Expiry date Join our WhatsApp group now to get live updates about BankNifty BN Option Chain Analysis and more! Please …
[Tools] BankNifty Straddle Strangle Returns Table – Live Read More »
28th March 2019 – Good expiry for option buyers. Banknifty reached all-time highs crossing all pivot levels and fibo levels (1,2,3). Really tough times for CEC option writers with strict Stop loss. As said earlier, this volatility is expected to increase further as we go closer to the elections. Trade with caution. Option chain – …
We have been updating the BankNifty Standarad Deviations table on a daily-basis. Here’s a post on what it is and how it can be leveraged at the start of the day. Here’s a sample image generated at the end of day, 29th March 2019 (The previous day’s close was at 30,420. Banknifty closed at 30,426 …
[Tools] BankNifty BN Standard Deviation Table – Expected Range – Explained Read More »
27th March 2019 – Really tough times for option writers with strict Stop Loss as BankNifty moved very sharply within a span of 15-20 mins. Intra day range was close to 2% of the index. This volatility is expected to increase further as we go closer to the elections. Trade with caution, we may have …
