Options Daily 16.09.2014

Nifty OI

nifty.puts.calls.SEP.2014-09-12.2014-09-15

BankNifty OI

bank-nifty.puts.calls.SEP.2014-09-12.2014-09-15

Anomalous Option Trades

A sudden increase or decrease in open interest can signify informed buying/selling that you can potentially profit from. Option traders tend to ‘lead the pack’ and their actions can be used to gain insight into the consensus opinion of traders. This scan lists option trades that were one standard deviation away from the average over the last 20-days. Note that this scan maybe too noisy around expiry.

You can download the data here.

Check out our Option Strategy Studio. One more reason to open a demat account with us.

Opening Bell 16.09.2014

Your world at 9am

world.2014-09-16

Equities

Major
DAX(DEU) +0.09%
CAC(FRA) -0.29%
UKX(GBR) -0.04%
NKY(JPN) -0.33%
SPX(USA) -0.07%
MINTs
JCI(IDN) -0.15%
INMEX(MEX) -0.01%
NGSEINDX(NGA) +0.24%
XU030(TUR) +0.17%
BRICS
IBOV(BRA) +1.79%
SHCOMP(CHN) -0.48%
NIFTY(IND) -0.78%
INDEXCF(RUS) -0.30%
TOP40(ZAF) +0.36%

Commodities

Energy
Brent Crude Oil +0.02%
Ethanol +0.00%
Heating Oil +0.00%
Natural Gas -0.46%
RBOB Gasoline +0.06%
WTI Crude Oil -0.22%
Metals
Copper +0.00%
Gold 100oz +0.00%
Palladium +0.53%
Platinum +0.37%
Silver 5000oz +0.72%

Currencies

USDEUR:-0.04% USDJPY:-0.07%

MINTs
USDIDR(IDN) -0.38%
USDMXN(MEX) -0.08%
USDNGN(NGA) -0.79%
USDTRY(TUR) -0.19%
BRICS
USDBRL(BRA) +0.17%
USDCNY(CHN) +0.11%
USDINR(IND) +0.80%
USDRUB(RUS) +1.54%
USDZAR(ZAF) -0.25%
Agricultural
Cattle -0.21%
Cocoa -0.10%
Coffee (Arabica) -1.20%
Coffee (Robusta) -0.20%
Corn +0.07%
Cotton +0.00%
Feeder Cattle -0.05%
Lean Hogs +0.16%
Lumber +0.00%
Orange Juice -1.37%
Soybean Meal +0.15%
Soybeans +0.33%
Sugar #11 -1.02%
Wheat +0.00%
White Sugar +2.31%

Must reads

WPI for August fell to 3.74%, its lowest level in nearly five years. (FP, #inflation)

August exports grow at 5-month low of 2.35%;trade gap at 4-month high. (FP, #inflation)

Jharkhand shuts Hindalco’s five bauxite mines. (DNA) HINDALCO 164.30 1.30 (0.80%)

Apple will soon become a bank… (MW)

Good luck!

Opening Bell 15.09.2014

Your world at 9am

world.2014-09-15

Equities

Major
DAX(DEU) -0.41%
CAC(FRA) +0.02%
UKX(GBR) +0.11%
NKY(JPN) +0.25%
SPX(USA) -0.60%
MINTs
JCI(IDN) -0.37%
INMEX(MEX) +0.34%
NGSEINDX(NGA) -0.21%
XU030(TUR) -1.62%
BRICS
IBOV(BRA) -2.42%
SHCOMP(CHN) -0.34%
NIFTY(IND) +0.24%
INDEXCF(RUS) +0.61%
TOP40(ZAF) +0.08%

Commodities

Energy
Brent Crude Oil -0.64%
Ethanol -0.28%
Heating Oil -0.21%
Natural Gas +0.00%
RBOB Gasoline -0.68%
WTI Crude Oil -1.18%
Metals
Copper -1.11%
Gold 100oz -0.26%
Palladium +0.51%
Platinum -0.25%
Silver 5000oz +0.00%

Currencies

USDEUR:-0.03% USDJPY:-0.12%

MINTs
USDIDR(IDN) +0.54%
USDMXN(MEX) +0.07%
USDNGN(NGA) -0.75%
USDTRY(TUR) -0.06%
BRICS
USDBRL(BRA) +1.80%
USDCNY(CHN) +0.06%
USDINR(IND) -0.45%
USDRUB(RUS) +0.60%
USDZAR(ZAF) +0.24%
Agricultural
Cattle -0.78%
Cocoa +1.94%
Coffee (Arabica) -1.38%
Coffee (Robusta) +0.15%
Corn -0.52%
Cotton +0.35%
Feeder Cattle +0.32%
Lean Hogs -0.47%
Lumber +1.16%
Orange Juice -0.65%
Soybean Meal -1.00%
Soybeans -0.28%
Sugar #11 -3.83%
Wheat -0.60%
White Sugar -0.88%

Credit Indices

Index Change
Markit CDX EM -0.32%
Markit CDX NA HY -0.37%
Markit CDX NA IG +1.57%
Markit CDX NA IG HVOL +2.94%
Markit iTraxx Asia ex-Japan IG +0.05%
Markit iTraxx Australia -0.41%
Markit iTraxx Europe +0.26%
Markit iTraxx Europe Crossover -1.65%
Markit iTraxx Japan -1.37%
Markit iTraxx SovX Western Europe -0.08%
Markit LCDX (Loan CDS) -0.06%
Markit MCDX (Municipal CDS) +0.88%

Must reads

Tax authorities in Karnataka have stopped Amazon India from selling electronics and several other products from its warehouse in the state by cancelling the licences of third-party merchants that work with it. The Enforcement Directorate (ED) is also investigating Amazon India to find out if the company has sold products directly to customers and violated FDI laws. (LiveMint)

The Jharkhand government has closed down the uranium mine in Jaduguda – a mine that used to account for 25% of the raw material required for running the country’s 20 nuclear power reactors. (FE)

Gurgaon has unsold inventory of nearly 19 million square feet, 28% of the total area under development. (TOI, #real estate)

India is the world’s largest beef exporter. Maneka Gandhi thinks that the money from illegal animal slaughter is being used for terrorism. What’s her beef? (NDTV)

Keynes’ key to successful investing: He abandoned forecasting

Read an interesting article in the FT by Tim Harford about forecasting. Was hit by a couple of “aha moments”.

First:

Keynes’s track record over a quarter century running the discretionary portfolio of King’s College Cambridge was excellent, outperforming market benchmarks by an average of six percentage points a year, an impressive margin.

The secret to Keynes’s profits is that he abandoned macroeconomic forecasting entirely. Instead, he sought out well-managed companies with strong dividend yields, and held on to them for the long term. Keynes, the most influential macroeconomist in history, realized not only that such forecasts were beyond his skill but that they were unnecessary.

And here’s the other gem:

Most forecasters aren’t actually seriously and single-mindedly trying to see into the future. If they were, they’d keep score and try to improve their predictions based on past errors. They don’t.

This is because their predictions are about the future only in the most superficial way. They are really advertisements, conversation pieces, declarations of tribal loyalty…

Read the whole thing: How to see into the future