understanding options - IV

ganeshji, the following criterea helps in understanding the operator market from options data

1. open interest

2. rate of change of open interest

3. change in price w.r.t. change in open interest

4. option activity in in-the-money and out-of-money zones.

5. identifying speculative calls or put points

6. ignoring those put strike points which are being used as hedging instead of actually taking positions.

7. put-call ratio at different strike-prices

8. interpretation for bull and bear and range-bound movement will be different.

9. nifty's effect on bank nifty and vice-versa

10. the premium, the volatility, implied volatility

11. the quantity being offered at a given price for a particular strike price (equivalent to volume in cash-and-carry)

.....besides i amalgamate this with rsi and william to be tripple sure.