NIFTY Options Trading by RAJ

[healthraj]

Options Analysis for Today

As per the OAT tool,

Today the Intraday Pivot is at 6023. Those who bought at low already might be enjoying 60 points profit.

The MAX Pain has shifted from 5800 to 5900 early in the morning which is Bullish signal.

The MAX OI is also at 5300-6000. So 6023 might be possible for Today or before this Friday.

As usual, Those who does not want to take risk can Trade the Options Debit Spreads. You can choose the pair based on the Premium that you can afford. My suggestion would be 5600-6100 Pair which is available around 120

Today the VOLT has Gone up. So the Options Premium has also gone up.

Keep an Eye on the INDIAVIX. As long as the VIX is going UP, hold the call. Otherwise please close the pair. Sometimes in the next four days the market needs to consolidate and during the Consolidation the VIX can go down. Right now VIX at 30.95 UP by 5.3% from Yesterday's close

I managed to buy the pair around 118 and is now trading at a loss of 1.5 points. Not much of volume in Options today.

Calls are getting squared off. Normally the last 100 points takes time.

 

[healthraj]

Options Analysis for Today

As per the OAT tool,

Today the Intraday Pivot is at 6023. Those who bought at low already might be enjoying 60 points profit.

The MAX Pain has shifted from 5800 to 5900 early in the morning which is Bullish signal.

The MAX OI is also at 5300-6000. So 6023 might be possible for Today or before this Friday.

As usual, Those who does not want to take risk can Trade the Options Debit Spreads. You can choose the pair based on the Premium that you can afford. My suggestion would be 5600-6100 Pair which is available around 120

Today the VOLT has Gone up. So the Options Premium has also gone up.

Keep an Eye on the INDIAVIX. As long as the VIX is going UP, hold the call. Otherwise please close the pair. Sometimes in the next four days the market needs to consolidate and during the Consolidation the VIX can go down. Right now VIX at 30.95 UP by 5.3% from Yesterday's close

I managed to buy the pair around 118 and is now trading at a loss of 1.5 points. Not much of volume in Options today.

Calls are getting squared off. Normally the last 100 points takes time.

If Market makes low of around 5815-5820 today then close your positions (whatever may be the price) and we will take new positions.

 

[Stock trendy]

200 point swing still due..fail to take out 5920 5805 and 5780 are minimum target.

 

[healthraj]

Preparation for the Fed Tapering Event.

Some people are hoping too much in this Fed Tapering Event. So some of the indicators that you could watch out for is the INDIAVIX and IV. Within the next four trading days, if the IV or the INDIAVIX does not cool down then do not expect anything on next week Event. So what could happen is that the IV would be pumped up to HIGH levels before the event and on the day of the event the IV could be dropped to eat premiums.

The other indicator is the MAX Pain. The MAX Pain is now at 5900. It has moved UP 400 points in this month, one of the fast movement in the last three months. So if there is no significant move in MAX Pain on the downside, do not expect the market to move anywhere in this month. The last 5 days could be very well used to eat premiums or Create positions in next month. So if at all people are trading for BIG correction it could happen in OCT-13 series. So if you are buying naked options Buy the OCT-13 series.

Just my opinion though.

Recording the INDIAVIX and IV for reviewing on next week @ 11-SEP-13 2:00 PM

INDIAVIX @ 30.69
Average CE VOLT - 28.68
Average PE VOLT - 34.74
NIFTY Historic VOLT - 39.08

 

[healthraj]

I managed to buy the pair around 118 and is now trading at a loss of 1.5 points. Not much of volume in Options today.

Calls are getting squared off. Normally the last 100 points takes time.

If Market makes low of around 5815-5820 today then close your positions (whatever may be the price) and we will take new positions.

So today 5815 would be tested.

 

[healthraj]

200 point swing still due..fail to take out 5920 5805 and 5780 are minimum target.

You mean from 5934 NIFTY Futures it would goto 5814 (120 points from 5934) and 5784 (another 30 points just to Tease the LONG holders). That would be fantastic.

5784 would be ideal because from 5784 a jump of 240 points would take us to the 6024 (As in OAT tool this morning). So I will wait for 5814 and Start accumulating Calls.

 

[NANDAMAD]

200 point swing still due..fail to take out 5920 5805 and 5780 are minimum target.

spot or future?

 

[Stock trendy]

spot or future?

Spot Nifty levels..

 

[healthraj]

I managed to buy the pair around 118 and is now trading at a loss of 1.5 points. Not much of volume in Options today.

Calls are getting squared off. Normally the last 100 points takes time.

If Market makes low of around 5815-5820 today then close your positions (whatever may be the price) and we will take new positions.

I have not closed my positions Yet. Right now it is at a loss of 5 points. Will hold it till the NIFTY Reaches 6000 or 5800. This call was more or less taken at 5900. 5800 or 6000 should be met by Thursday or Friday.

 

[pictforu]

I have not closed my positions Yet. Right now it is at a loss of 5 points. Will hold it till the NIFTY Reaches 6000 or 5800. This call was more or less taken at 5900. 5800 or 6000 should be met by Thursday or Friday.

Hi Raj,

Tomorrow or day after tomorrow, if the market goes up to 6000 and if volatility drops, do you think the above position will be still in profit?