NIFTY Options Trading by RAJ

[Mr.Perfect]

I bought 6000 PE and 6200 CE at combined premium of Rs.80

 

[healthraj]

I bought 6000 PE and 6200 CE at combined premium of Rs.80

So you bought at an average price of 40, more or less near the money, Which is fine I think

 

[anup0212]

Hi raj, i took the pair again at total premium of is 42..6300 at 26 and 5900 pe at 16 so let see what happens tomorrow...shall i close this tomorrow..or wait for any side movement?..thanks -Anoop

holding this position raj...

 

[healthraj]

Trading Today for the RBI Policy Event.

Normally in such days, it is better to Wait till 11 AM and take the positions because till 11 AM it would be very volatile.

Keep an eye on VIX. VIX has hit the lower part of the channel and going UP, indicating a SELL.

As per the MAX OI, the market could test 6200. I am not sure whether it will test today because yesterday it made a high of around 6170.

As per the MAX Pain theory and the positional call of 240 points, there was an opportunity Yesterday to Sell between 6150 and 6200. Try and sell around the same level. It is better to take your positions around 10:45:10:55.

For those who want to Trade Debit spreads, can buy 6300CE and 5900PE for a combined premium of 35.

The Combined premium of 5900PE-6300CE Bought at 35 is now at 56 - 21points profit. Book at least 50% profit

 

[adg123]

I would suggest to Buy in OCT-13 series if you are buying naked Puts so that you can make more profit and you will also have more days to cover. Since the OCT-13 MAX OI is at 5300-5800. You can either Buy 5500 PE or if you want to buy at low premium go for 5300PE. Buy your puts around 6150-6180

Hi Raj,
I sold my NAKED PE6100 @Rs. 165/- X 100 Nos.= 16,500/-
(Bought @Rs.60/- X 100 Nos. = Rs. 6,000/-)
Therefore, Net GAIN (16,500 - 6,000) Rs.10,500/-, Not taken more risk for weekend.
THANK YOU VERY MUCH, Your OTM MAXIMUM PAIN CALCULATION sheet really works.

 

[guptak03]

6200 ce @ 63 + 5950 pe @ 22=85:thumb:

covered the 6200 ce @ 65 and took 6300 ce @ 29

so 6300 ce @ 29 + 5950 pe@ 28 tgt 75>>100>>

exited 75:thumb:

 

[healthraj]

As told above the MAX Pain has shifted once again to 5800 from 5900. A Sign of weakness. Since the MAX Pain has moved from 5900 to 5800, The positional SELL call is also triggered between 6055-6107.

Please ignore the above message... I was looking at the MAX Pain of OCT-13 series. The MAX Pain for SEP-13 still at 5900

Now the MAX Pain for SEP-13 has really changed to 5800 from 5900. So you can expect 5800 to be Tested. I mean the previous Caterpillar will be now hit hard and if crushed can goto 5700 or if the Caterpillar, (Butter) Flies then we might see once again 6000. But First 5800. So those who have a brave heart can hold the shorts till 5800. Those who are weak hearted can play the 240 points. Depending on where you have taken the Short position Say 6150 - then close your positions at 5900 and play for another 250 points (Probably Switch to the OCT-13 Series for the Debit Spreads)

 

[healthraj]

Hi Raj,
I sold my NAKED PE6100 @Rs. 165/- X 100 Nos.= 16,500/-
(Bought @Rs.60/- X 100 Nos. = Rs. 6,000/-)
Therefore, Net GAIN (16,500 - 6,000) Rs.10,500/-, Not taken more risk for weekend.
THANK YOU VERY MUCH, Your OTM MAXIMUM PAIN CALCULATION sheet really works.

So how much are you going to Transfer to my account ? :lol::rofl::clap::clapping:

 

[anup0212]

Now the MAX Pain for SEP-13 has really changed to 5800 from 5900. So you can expect 5800 to be Tested. I mean the previous Caterpillar will be now hit hard and if crushed can goto 5700 or if the Caterpillar, (Butter) Flies then we might see once again 6000. But First 5800. So those who have a brave heart can hold the shorts till 5800. Those who are weak hearted can play the 240 points. Depending on where you have taken the Short position Say 6150 - then close your positions at 5900 and play for another 250 points (Probably Switch to the OCT-13 Series for the Debit Spreads)

Hey raj i did nt get exit chance as total i was getting 3 pt...so still holding hope to see 5800...thanks for this info...

 

[healthraj]

Hey raj i did nt get exit chance as total i was getting 3 pt...so still holding hope to see 5800...thanks for this info...

What do you mean you did not get a chance? The market went down 3% and still your positions only gave you 3 points