NIFTY Options Trading by RAJ

[healthraj]

Oct series or Sept?

You decide. If you want to take risk go for Sep otherwise Oct. But SEP-13 will give more profit if the call goes in our way because of the IV

 

[healthraj]

The Buy around 5885 is the NIFTY Future Levels. From an Option Perspective Keep an eye on the 5900PE and 6000CE.

How do I get 5885 ? You can see the Intraday Sell Call in OAT taken at 5955 closes with 100% at 5883 . for 100% I have taken 1.2% of NIFTY which would be around 60 points

Right now 5900 PE @ 3.08L and 6000CE @ 3.16L. So when the 5900PE becomes more than 6000CE it would be a signal to Buy

Made exact low of 5885

 

[sabhlok_r]

Made exact low of 5885

Raj....u rock...and so does OAT.....:thumb:

 

[Option.Trader]

Raj


What led me to check was the build of Puts by FII's.. they have been quietly accumulating puts since yesterday, and as usual all our clients have unwound all their shorts.. so just wondering

6000 ce has 2x chgoi as 5900pe, more downside looks likely, with fii data suggesting short build up and Max pain @5700, upside before fomc meet looks doubtful

 

[healthraj]

Raj....u rock...and so does OAT.....:thumb:

Hopefully it is . The OAT Intraday Pivot shows as 5985, which means today we should get 100+ points from 5885.

The Pivot is changed to 6020 and the Intraday low shows as 5862. So use around 5860 as the Stoploss for Long taken at 5885

 

[healthraj]

In the OAT Tool, you will see that another Sell call triggered below 5883.5. As per FIBO you should always take the Call around the 38.5%. So Sell below only 5856 only. If you have sold at 5955 then you can try for 5856.

 

[gurjant]

In the OAT Tool, you will see that another Sell call triggered below 5883.5. As per FIBO you should always take the Call around the 38.5%. So Sell below only 5856 only. If you have sold at 5955 then you can try for 5856.

Nifty is going down continuously....

Any idea where it will pick upside

 

[Option.Trader]

In the OAT Tool, you will see that another Sell call triggered below 5883.5. As per FIBO you should always take the Call around the 38.5%. So Sell below only 5856 only. If you have sold at 5955 then you can try for 5856.

How is fibo linked to the tool and why @38.5%? So in the morning when it gave sell call at 5955 should we take it instead at 5922?

 

[healthraj]

How is fibo linked to the tool and why @38.5%? So in the morning when it gave sell call at 5955 should we take it instead at 5922?

OT, One can also Sell at 5955. No hard rule. Ideally it should be below 5922 which is the 38.5% Level. The FIBO experts can advice

 

[healthraj]

6000 ce has 2x chgoi as 5900pe, more downside looks likely, with fii data suggesting short build up and Max pain @5700, upside before fomc meet looks doubtful

I would look at the values in 5900PE and 6000CE COI and as long as 5900PE < 6000CE, Stay Short. Once 5900PE COI is greater than 6000CE Go Long. When I gave the call at 5885, I have also given this extra info to be looked into.

Right now 5900PE @ 3.8L UP from 2.8L
6000CE @ 5.23L.