NIFTY Options Trading by RAJ

[anup]

Wat is nifty august OI suggesting.. Plz give the range and positional call

 

[healthraj]

Infy July ?? Or August ??

August Series.

 

[vnk2000]

I sold 5500-6000 pair at 102.

 

[healthraj]

The Calls So far as on 25-JUL-13.

Open Date	What 	Open	Closed Date	Close	Profit	Status	Remarks
23-Jul-13	6000PE-6000CE Pair	105	23-Jul-13	93	12	Closed	50% Profit booking. Added another 50% at 97
23-Jul-13	6000PE-6000CE Pair	101	24-Jul-13	74	27	Closed	50% profit booking .
23-Jul-13	6000PE-6000CE Pair	101	24-Jul-13	61	40	Closed	100% booked
24-Jul-13	5800-6200 Pair	103	25-Jul-13	91	12	Closed	Opened when the MAX OI was 5900-6100. Closed when the MAX CHG in OI shited to 5500-6000. 
25-Jul-13	5500-6000 Pair	108				Open	Since the MAX CHG in OI was at 5500-6000
25-Jul-13	INFY 2800 PE	31				Open	Taking a chance since INFY has run up from 2500 to 2900. Expecting some profit booking in this month. It is a naked call

 

[healthraj]

Wat is nifty august OI suggesting.. Plz give the range and positional call

Anup,

Sorry that I could not post during market hours. I had anyway posted the MAX OI and CHG in OI

MAX OI at 5900-6000.

MAX CHG in OI at 5500-6000. While I don't think market will touch 5500 so easily. This could be early Selling by the Market makers to eat premium of 5500

Some more downside left. We could actually see 5750-5800 before the market goes up. That is my opinion.

I have sold the 5500-6000 Pair (Even though 90% of the premium is on CE side). I am just playing for just 20-25 points.

 

[timepass]

Some more downside left. We could actually see 5750-5800 before the market goes up. That is my opinion.

Maybe.. August is a long series, longer than a calendar month, with 2 holidays (Ramazan Id and Independence Day). So, it could be an option seller's paradise, with movements on both the sides.

 

[healthraj]

Key Stocks and their MAX(OI) - Support -Resistance.

Most of the Key stocks are trading at the edge of the Support or Resistance according to the Aug-13 Options Data. So there might some opportunity either way. May be the Market makers are yet to make their positions. But it is worth watching these stocks. Any breakout of the Key levels should give atleast 5% in stocks. So just putting it down so that we can refer it later in the month.

Date	Stock	Support	Resistance	VOLT	Premium	Trend	CP 
25-Jul-13	Reliance	700	900	Low	31.75	Strong Bear	892
25-Jul-13	INFY	2900	2900	Low	155	Strong Bull	2909
25-Jul-13	SBIN	1800	1800	Low	169	Strong Bear	1798
25-Jul-13	NIFTY	5900	6000	Low	184	Strong Bear	5907
25-Jul-13	TCS	1700	1760	Low	77	Strong Bear	1781
25-Jul-13	MCDOWELL-N	2700	2900	Low	149	Strong Bear	2705
25-Jul-13	MARUTI	1400	1500	Low	81	Mild Bear	1412
25-Jul-13	BANKNIFTY	10500	12000	Low	303	Strong Bear	10613

Let me know if any of you want to add any other stock for Reference

 

[healthraj]

TP,

The BNF Pivot is at 10713. so it might give 100 points down and 100 points below. The Range might be 10610 to 10810.

The MAX CHG in OI at 10500-10900.
MAX OI at 10500-11000.

So the market closed exactly 100 points from 10713 at 10613. I think it is not any magic. The data is hidden in the Options Chain.

 

[arcus]

OI responds to price action and not the other way round.

 

[gmt900]

Anup,

Sorry that I could not post during market hours. I had anyway posted the MAX OI and CHG in OI

MAX OI at 5900-6000.

MAX CHG in OI at 5500-6000. While I don't think market will touch 5500 so easily. This could be early Selling by the Market makers to eat premium of 5500

Some more downside left. We could actually see 5750-5800 before the market goes up. That is my opinion.

I have sold the 5500-6000 Pair (Even though 90% of the premium is on CE side). I am just playing for just 20-25 points.

As per rule 3 MAX CHG in OI is to be considered for intra day while for positional trade MAX OI is to be considered. Here we have taken CHG in OI for taking overnight position.