only 3 trading days to go for month close and it seems that "highly bearish" scenario which emerged last month close has a high probability to get negated this month
Namaste Ilango Sir & Blogmates, (Bearish to Neutral: Pre expiry jitters saw the index down to 5800 level with the CE writers in full flow, but saw some short covering to close a few points down. Based on Option data Max Pain is around 5800-5900 level…: Option Analysis for 25-09-2013Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal
Hi Ilango...on sept 23 the Jnsar was 5877 and nifty close for the day was 5890 ie above Jnsar. On sept 23 the Jnsar for sept 24 was 5902...but the nifty was anyway below 5902 already ie at 5890...so does that mean sell got triggered on 23..?..am bit confused...kindly help.
Master,My expiry guess 5820Reason - Near to Day S1 & Cam L4 as well as Week S1 & Cam L4Max pain from option data is also pointing to this number.