NIFTY Options Trading by RAJ

[Option.Trader]

The market is pretty overbought right now. Even the FII's can't push it any higher. All they could try to do is prevent it from going down or try to make it go sideways till expiry.

I partly agree to this view... FII data did indicate call shorting most probably @6000CE... so they may not view it going higher than that... on the downside 5700 looks to be a short term strong support after 5800 as PE have been shorted there... but markets being markets, a swing in sentiments will rearrange the deck of cards

 

[anup0212]

Hi Raj,

I took pair trade of 5400 PE at 11 and 6200 CE at 11 , please advise what is max I can expect on this trade ? I do understand range is quite long 5400 to 6200...but if index move to 5700 or 6100 will it be any advantage ?

Thanks
-Anoop

 

[toocool]

there is suddenly less activity here , what happened @healthraj?

all fine?

 

[healthraj]

Hi Raj,

I took pair trade of 5400 PE at 11 and 6200 CE at 11 , please advise what is max I can expect on this trade ? I do understand range is quite long 5400 to 6200...but if index move to 5700 or 6100 will it be any advantage ?

Thanks
-Anoop

If you have downloaded the OAT tool, you can do the analysis using the "TradeAnalyser" sheet.

 

[healthraj]

there is suddenly less activity here , what happened @healthraj?

all fine?

I had put a message two days back that I am waiting for the VIX to break the range 26-30. When the market is consolidating big time and the Premiums are going down, you cannot do much. So I am waiting

 

[healthraj]

I would anyway would like to Trade safe and so would be taking my positions around 5900-5950. I did not mean to go short or Long.

To elaborate. Basically I would like to place my trade around the MAX Pain. MAX Pain is at 5700. so 250 points from 5700 would be 5950. But market can go UP 250 points from 5950 also to 6200 (which is the Previous High of NIFTY). So I would like to place my trade around 5950.

Let me know if it would be the right entry

As told yesterday those who want to Trade Debit Spreads, Can buy when the market is around 5900-5950. There is more indicators for the market to go down. The main reason being the MAX Pain. But those who want to trade safe can Buy the Pair. Try to buy the Strike which has a price of around 50. For example the 5700PE which is available at 50 and the 6050CE available now around 48.

The VOLT is not very high or Low. VIX is around 29. midway between the range of 26-31.

Those who want to Trade naked, Remember to buy in the OCT-13 series, so that you can carry the risk for some more time.

The VIX is now forming a Triangle pattern and the range has narrowed to 27-29 from 26-31.

All the best.

 

[chintan786]

Is this mkt know something or Just air is filling inside the balloon.

 

[guptak03]

Holding 5500 pe @ 23 and 6100 ce @ 24 tgt 75>>100>>150>>:thumb:

trading @ 6100ce @ 46 + 5500 pe @ 15=61:thumb:

 

[Option.Trader]

Options table indicate range as 5600-6000, if news is +ve there will be massive short covering @6000, overall it looks dicey for bulls

 

[anup]

Wat abt VIX still range bound (26 to 30)??... Sorry to ask basic question, i dont know how to check VIX!!..