General Trading Chat

[amitrandive]

I trade in a similar style as you.How do you use options chains.What data you find most interesting?i mostly look at IV for reversal confirmation and OI addition for continuation.for ex today morning OI showed little addition on put side and IV were also not high for calls so bullish move was big suspect.

All markets are rigged ....Job of regulator is not to look after interests of retail traders....their job is smooth running of market.As far as market is moving their job is done....they panic only when market freezes.So trade accordingly.

i mostly look at in the money options.I think out of money is used heavily for hedging purpose by Fii and Dii and by retail for taking big bets.OI data is telling a monthly range of 8000-7500 or 8200-7700.

yea sure,
For reversal trade i look at IV of in the money call and put options.IV tells how an option is 'priced'.Higher IV for in the money calls than puts is bullish and higher IV for in the money puts than calls is bearish.A sudden change in this dynamic signals an impending reversal of trend.It is very reliable indicator as per my experience.

For trend continuation i look for good addition in OI for in the money puts in case of bull trend and good OI addition for in the money calls in case of bear trend.Higher addition means stronger the move.


Above is how i use options chains .Would like to know how others view/use option chain data.

Managed to find this :thumb:

 

[amitrandive]

:lol:Go through your older posts.You'll find it in my reply to you.

ST Sir

Is there any search pattern for finding posts/discussions between any two members ?

This would be very helpful

 

[amitrandive]

:lol:Go through your older posts.You'll find it in my reply to you.

Manishbhai

Would be very helpful if you can open a separate thread on Nifty options for educating us if your time permits.

 

[Mungus]

MT Bhai,Baba aapka 7940 leke aa rahe hai lagta

 

[mudraatrader]

NF 7940 de do babaji
abhi 7920 hai

baba ji ne 7940 de hi diya

 

[manish9300]

i am long above 7915 with stoploss at breakeven now.Expecting a close above 7950 today and then a gap to break 8000 tomorrow.Hoping that slm isnt triggered.

 

[Smart_trade]

ST Sir

Is there any search pattern for finding posts/discussions between any two members ?

This would be very helpful

Search on important key words...it may help.

ST

 

[mudraatrader]

BNF 16975 de do baba ji
abhi 16902 hai

BNF 16975 de do baba ji
abhi 16902 hai

 

[manish9300]

Manishbhai

Would be very helpful if you can open a separate thread on Nifty options for educating us if your time permits.

I gave you the link and hoped that you will come back with some questions.Would have started a thread if there was some interest from members....but i am disappointed that there is not any interest.You are the only one who asked "how" but you havnt gone through the link.I can only help when you are also willing to put in efforts.
I dont give too much importance to options data.Its only additional info.Trend analysis is most important.Already shared what i think is important to watch in Options chain.

 

[Mungus]

TDST PO9 printed..so crossing XX40 is