Reading Stock Option Tables

In India, option tables published in business newspapers and is fairly similar to the regular stock tables. The following is the format of the options table published in Indian business news papers:

NIFTY OPTIONS Contracts Exp.Date Str.Price Opt.Type Open High Low Trd.Qty No.of.Cont. Trd.Value RELIANCE 7/26/01 360 CA 3 3 2 4200 7 1512000 RELIANCE 7/26/01 360 PA 29 39 29 1200 2 432000 RELIANCE 7/26/01 380 CA 1 1 1 1200 2 456000 RELIANCE 7/26/01 380 PA 35 40 35 1200 2 456000 RELIANCE 7/26/01 340 CA 8 9 6 11400 19 3876000 RELIANCE 7/26/01 340 PA 10 14 10 13800 23 4692000 RELIANCE 7/26/01 320 CA 22 24 16 11400 19 3648000 RELIANCE 7/26/01 320 PA 4 7 2 29400 49 9408000 RELIANCE 8/30/01 360 PA 31 35 31 1200 2 432000 RELIANCE 8/30/01 340 CA 15 15 15 600 1 204000 RELIANCE 8/30/01 320 PA 10 10 10 600 1 192000 RELIANCE 7/26/01 300 CA 38 38 38 600 1 180000 RELIANCE 7/26/01 300 PA 2 2 2 1200 2 360000 RELIANCE 7/26/01 280 CA 59 60 53 1800 3 504000 The first column shows the contract that is being traded i.e Reliance. The second coloumn displays the date on which the contract will expire i.e. the expiry date is the last Thursday of the month. Call options-American are depicted as 'CA' and Put options-American as 'PA'. The Open, High, Low, Close columns display the traded premium rates. For Stock advice : Saturday watch on Market Outlook