As I am preparing and sharing the nifty options open interest excel sheet. This time I am a reason for you to smile as I have added few stocks like ICICI bank, State bank of India, Reliance for live options (Call and put option) data. Even Bank nifty options open interest file is available for September F&O series. You will find it below:
Nifty Options Trading Idea: This September series data suggests, Nifty 5200 call option has highest open interest and could be considered as support. So any time if nifty future is trading at 5200 level I will take it as buying opportunity. Hence I will be taking long positions on 5200 call option for target that will be just double of my entry price. Stop loss will be based on a support level of 5200 on nifty future, so if this level breaks then it would be the time to exit this option trade.
Article published on 4 September 2012.