NIFTY Options Trading by RAJ

[healthraj]

Market has made more or less 500 points from the bottom of 5320. So wait for clear trend before long. For Today as per OAT, the Low could be 5760.

In the Options no positions made yet for 5800 Levels. So wait for positions to be made in 5800 CE and 5700PE, if you expect the market to go above 5800. My sense since the 500 point milestone is reached, It would at least correct 40% from here which is to Test 5600 once again, where the MAX Pain is also located.

Please close all the previous pairs.
Those who want to Trade Pair can Buy the Pair 5500PE-6000CE at around 94 now

 

[healthraj]

Naked Options:

As I have been Telling before those who want to Try Naked Options can start accumulating the OCT-13 puts when the market is above 5830. Fundamentally nothing has changed in this market. But do not take any big risk. Buy Deep OTM Puts which is like throw away money so that you don't have to regret it either way.

 

[pictforu]

Those who want to Trade Pair can Buy the Pair 5500PE-6000CE at around 94 now

Raj

How do you decide which strike price to buy?

 

[healthraj]

Raj

How do you decide which strike price to buy?

For the Debit Spreads, I try to buy the Strike where the price is around 50.

For Credit Spreads, Try to find the strike where the price is around 95.

 

[healthraj]

Market has made more or less 500 points from the bottom of 5320. So wait for clear trend before long. For Today as per OAT, the Low could be 5760.

In the Options no positions made yet for 5800 Levels. So wait for positions to be made in 5800 CE and 5700PE, if you expect the market to go above 5800. My sense since the 500 point milestone is reached, It would at least correct 40% from here which is to Test 5600 once again, where the MAX Pain is also located.

Please close all the previous pairs.
Those who want to Trade Pair can Buy the Pair 5500PE-6000CE at around 94 now

I bought the pair ultimately for 92 and it is now trading at 104.

5700PE and 5800Pe have been added around 20L positions in the last one hour. So the Bulls are in a hurry to take market to highs.
MAX Pain shifted from 5600 to 5700. So this month in the last 6 Trading days, the MAX Pain has shifted from 5500 to 5600 to 5700.

 

[pictforu]

..deleted..

 

[chintan786]

I bought the pair ultimately for 92 and it is now trading at 104.

5700PE and 5800Pe have been added around 20L positions in the last one hour. So the Bulls are in a hurry to take market to highs.
MAX Pain shifted from 5600 to 5700. So this month in the last 6 Trading days, the MAX Pain has shifted from 5500 to 5600 to 5700.

thanks for the baeautiful call. I bought at 94 sold 50% at 104.6.

 

[healthraj]

Today 5800 and 5900 are also bullish. So you can expect High to be in the Range of 5880-5900. The OAT Intraday Pivot is around 5880.
The Suspicious thing is the INDIAVIX. When the Market is going up the INDIAVIX has also gone up by 2%. normally VIX going UP indicates a SELL.

 

[srinivas.vrv]

hello raj. I am following your analysis for last 20 days. it is so good. But what does OAT mean?

 

[healthraj]

hello raj. I am following your analysis for last 20 days. it is so good. But what does OAT mean?

OAT is the Optionschain Analysis Tool developed in Excel. You can find the link in my signature