NIFTY Options Trading by RAJ

[healthraj]

The strategy was laid out based on your query on a positional trade.. only advantage i had was, when Nifty was at 5550 4 days back before the fall, i had started accumulating 5300PE @75... i squared off 50% and essentially sitting on free puts of 5300... i said on the day of the fall that i would take 5500CE @90... i was asking suggestion from you for others, but somehow you missed it... so today i came out half of 5500Ce @ 190.. so essentially my 5300PE and 5500CE are free of investment.. now waiting for market to move 250 points from here... i was playing for the range breakout

OT,

I don't suggest any Naked Puts/Calls, May be the reason why I didn't respond before. Reason being, Nowadays, First of all I don't trade any naked Options. Even though I make only 10-30 points in the Strategy, I think it is fine. In this month since the VOLT is high the Strategies have anyway worked. If not profit, it has not given loss.

If at all somebody wants me to suggest Naked positions, I would suggest to Buy Naked Puts when the market reaches 5750-5800. At this point in time with the economic conditions and fundamentals, if the market reaches 5800, then it would be definite Put. Use the OCT-13 series to buy naked Puts.

 

[Option.Trader]

OT,

I don't suggest any Naked Puts/Calls, May be the reason why I didn't respond before. Reason being, Nowadays, First of all I don't trade any naked Options. Even though I make only 10-30 points in the Strategy, I think it is fine. In this month since the VOLT is high the Strategies have anyway worked. If not profit, it has not given loss.

If at all somebody wants me to suggest Naked positions, I would suggest to Buy Naked Puts when the market reaches 5750-5800. At this point in time with the economic conditions and fundamentals, if the market reaches 5800, then it would be definite Put. Use the OCT-13 series to buy naked Puts.

Fair enough.. I employed Naked strategies only based on volatility .. I don't suggest the same, but when market conditions arise, i play it out..no hard and fast rule... for eg.. now I have given up futures trading though i was impressed by Jamit's strategies... too difficult to handle the swings..

 

[healthraj]

Still With the MAX OI at 5300-5500, it would Take some time for market to goto 5700. You can see that the CE OI at 5500 is 43L and the OI at 5700 is 42.6L. So when the 5700 becomes the MAX you can see the market jumping to Highs. Otherwise it can Go down. So watch the OI Buildup in the Calls.

you can also See the MAX COI @ PE being in 5500 - 8L. So all preparations being done to Take the market to 5700.

There is not much change between then and now 2 PM.

5500 CE - In the morning it was around 43L now it is around some 41.8L. So Profit booking is still going on.

5700 CE - 41.7L In the morning it was 42.6L.

But the Difference has now narrowed to 10K. with this 10K, we might anytime see the 5700CE as with the MAX OI.

The Pattern repeats in 10 minute charts like Fractals.

The Pair that we took in the morning 5200PE-5800CE is trading at a total premium of 100 - Loss of 9 points due to drop in VOLT.

AS I finished typing the MAX OI became 5300-5700. Most probably we will see some action on the UP side.

 

[chintan786]

Thanks Raj, There are some devlopments internationally which I seems can fizzle out this rally.

1. Russia Sending more warships to Mediterrnian sea.
2. The US Govt. will most probably attack Syria be next week.
3. RBI has already delayed RBI meet, as they wants to see Fed regarding tapering.
4. Due to International dev. crude is still at 115 usd.

we have already seen few days back only when three days of gain wipe out in 1 day and 2 days of gains wipe out those losses. therefore,

at most 5700 I guess nothing more than tht.

I can be wrong also. But definitly crude holds the Key here.

thanks Raj.. As per some headlines

Us senate passed first hurdle to attack on syria.

http://in.reuters.com/article/2013/09/04/syria-crisis-usa-vote-idINDEE9830GM20130904

 

[chintan786]

Thanks Raj,

This is what I have done:

Bought 5400 PE = 85
Bought 5800 CE = 54
Shorted 5100 PE = 37

wants to know ur thoughts if any.

Booked 5100 PE shrt at 31.7. rest are going on hold.

 

[chintan786]

thanks Raj.. As per some headlines

Us senate passed first hurdle to attack on syria.

http://in.reuters.com/article/2013/09/04/syria-crisis-usa-vote-idINDEE9830GM20130904

most of the European Exchanges given up their Gains. Dow future is trading in negative territory. Although such things happened yesterday also and hardly have any value now.

Rs. is back to 66.26

 

[healthraj]

After a Long time, Today it turned out to be a market for Option Sellers. Those who sold options should have made profit today.

 

[healthraj]

Can we trade the BenchMark Traded funds like GOLDBEES and NIFTYBEES?

 

[VJAY]

Can we trade the BenchMark Traded funds like GOLDBEES and NIFTYBEES?

yes you can raj

 

[healthraj]

Can we trade the BenchMark Traded funds like GOLDBEES and NIFTYBEES?

yes you can raj

Is it available in FandO?