NIFTY Options Trading by RAJ

[Option.Trader]

Good idea but OT should be willing and I would also need people who can invest in our risky business

Had a good laugh reading the posts, but it opened my eyes in one way, both of us had such differing views yet both of us were right in our own way. There is no absolute truth or holy grail, it's just mind games against ourselves

 

[DanPickUp]

Had a good laugh reading the posts, but it opened my eyes in one way, both of us had such differing views yet both of us were right in our own way. There is no absolute truth or holy grail, it's just mind games against ourselves

Your laugh I do not understand. Sorry. You have the best opposite mind of yours here in TJ and you post that the only thing you just had are laughs?

 

[Option.Trader]

Raj, FII's still adding to shorts in this pullback.. Puts being continuously added.. i'll try with a positional put this month.. but want to hedge it accordingly... need to work this out.. i think Monday is going to be another dampner

 

[arcus]

Raj, FII's still adding to shorts in this pullback.. Puts being continuously added.. i'll try with a positional put this month.. but want to hedge it accordingly... need to work this out.. i think Monday is going to be another dampner

The charts are giving very confusing signals.

MACD is indicating we may have already broken out to the upside, RSI's is heading upwards steadily as well.

The price itself has gone nowhere in 2 weeks giving two long hammers on the weekly's indicating there is a lot of demand coming in at lower levels (look at the volume of the green candles on the daily's).

I see only two variables that could play out leading to the lows of around 5235 or so being broken.

1) Syria war escalating leading to a confrontation between US vs Russia.

2) India getting downgraded to Junk by S&P (or another agency)

 

[aimnifty]

NIFTY SPOT 80 minute Chart.

This is the 80 minute Chart with all the Key Pivots. Now you know where the market will go Next.

Hi Raj,

Can you upload latest versions of your OAT, OTP & MTP tool.

Thanks

 

[healthraj]

Market is once again at the same place where we took the strategy last time. the only thing is that the VOLT is high now. So those who want to play the 250 points once again can trade

5600 CE @ 41 in SEP-13 series
4700 PE @ 42 in SEP-13 series

Once again play with caution because next month the VOLT will not be high. The market can also be rangebound.

We will exit if one of the positions become 3 times the premium.

The 4700PE-5600CE bought at 83 (when NIFTY was around 5280) is now trading at 110 with 27 points profit. Asked to close 50% at 5480. Book 100% at 5225-5250. And Again trade for Shorts for 250 points on the downside.

This time we will Trade a Bear Strategy of

Buying 5300 PE @ 82 and Selling 5200 PE @ 62.

It is a Limited Risk and Limited Profit Strategy.

Per lot the Loss will be limited to around 750 even if the market reaches 6000.
The Profit at 5250 would be 1500. At 5000 the profit would be 2500
It is more or less a VOLATILE Neutral strategy.

If there is a clear Trend on the downside, then You can buy more 5300 PUT

 

[pictforu]

.................................

 

[healthraj]

Those who want to try a more aggressive Strategy can
Buy 1 lot 5600CE @ 95
Buy 1 Lot 5400Pe @ 110

If the Market moves 200 points UP or DOWN you will make around 5000 on either side.
But if the VOLT Drops or if the market goes sideways then this strategy will make loss.

 

[Option.Trader]

Looks like a breakout on the upside on day charts, going long in futures @5530 with stop loss @5518, also accumulating puts at imp resistances

 

[healthraj]

As per the OAT tool, the Top is 5596 and the Pivot is at 5525. Since 5525 is broken, the Top would be at least 50 points from 5525 which is 5575. So Go Short if you get it around 5575 with stoploss as 5596.