NIFTY Options Trading by RAJ

[sabhlok_r]

update -
dlf cmp 123...made a low of 122.65
bnf cmp 8785...made a high of 8848.75

booked bnf @ 8860.....
holding dlf short ( cmp 124.40)

 

[whisky]

US$ is also cooling down so longs looks safe at this moment.

 

[healthraj]

The NIFTY Futures Pivot is at 5446. So those who are long hold your Longs. Those who want to Go short Go Short around 5425-5445 with corresponding stoploss

NIFTY having moved 100+ will probably form a FLAG. So wait for the FLAG breakout to go Long or Short. Do not be in a hurry.

INDIAVIX Leads the FLAG formation in 10 minute. If VIX goes above 32.66 then it is a Confirmation of Short. If it goes below 30.9 then it is a Confirmation for Long.
For those who want to Trade in Options, instead of watching your stock/NIFTY, Watch the VIX levels

 

[prabhsingh]

The NIFTY Futures Pivot is at 5446. So those who are long hold your Longs. Those who want to Go short Go Short around 5425-5445 with corresponding stoploss

5421 is 0.38 and 5451 is 0.50 fib ratio as well.

 

[Option.Trader]

NIFTY having moved 100+ will probably form a FLAG. So wait for the FLAG breakout to go Long or Short. Do not be in a hurry.

INDIAVIX Leads the FLAG formation in 10 minute. If VIX goes above 32.66 then it is a Confirmation of Short. If it goes below 30.9 then it is a Confirmation for Long.
For those who want to Trade in Options, instead of watching your stock/NIFTY, Watch the VIX levels

Raj could you please put out the vix, if it breaks the levels mentioned? Can't use oat in office

 

[Option.Trader]

Raj could you please put out the vix, if it breaks the levels mentioned? Can't use oat in office

Don't worry, I got it

 

[healthraj]

While Yesterday the 5500Ce, 5600CE and 5700CE had more or less the same OI. Today you can see the 5500CE being added the Positions and is slowly standing out. If you see the market moving down you will see more positions being added to 5500CE and so 5500 would act as the Strong Resistance for any Longs. Same case with 5300. 5300 Will not be broken easily. As told in the beginning of the series, Market will only play this 5300-5500 See Saw for some time before breaking out. That also means there would be some volatility.

 

[sabhlok_r]

While Yesterday the 5500Ce, 5600CE and 5700CE had more or less the same OI. Today you can see the 5500CE being added the Positions and is slowly standing out. If you see the market moving down you will see more positions being added to 5500CE and so 5500 would act as the Strong Resistance for any Longs. Same case with 5300. 5300 Will not be broken easily. As told in the beginning of the series, Market will only play this 5300-5500 See Saw for some time before breaking out. That also means there would be some volatility.

so effectively, short near 5500 cover near 5300 and go long again near 5300 for the target of 5500

 

[anup0212]

Hi Raj,

As per OAT , it seems max pain is shifted to 5500 so do u think we will see 5500 today..

thanks

 

[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.

Booked 50% with 24 points.

Book another 25% now at 45 points profit.

Will close the Rest 25% tomorrow, when the market is around 5280-5300

.

If NIFTY makes high of 5480, then you can average the positions in the 25% that you are carrying.
Or you can buy the following

buy 5700CE Around 50-55
Buy 5100PE Around 50-55