NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%
  • For Intraday Pair trading of Options

    Votes: 27 17.5%
  • For Intraday Futures trading

    Votes: 18 11.7%
  • For Positional Naked Options trading

    Votes: 35 22.7%
  • For Positional Pair trading of options

    Votes: 29 18.8%
  • For Positional Futures trading

    Votes: 11 7.1%
  • To trade in Cash market

    Votes: 13 8.4%
  • Overall trading has improved with OAT

    Votes: 27 17.5%
  • Understanding of Options has improved with OAT

    Votes: 57 37.0%

  • Total voters
    154
  • Poll closed .

anup0212

Well-Known Member
Its very close.. 5850 is the Max pain, 5800 is also close by
From yesterdays Options data, looked like People were writing calls and unwinding 5900 Puts... so would logically expect a close near to 5850 atleast or 5800
Hi OT, i think market cannot stay in 50 points range for full day so it should break in any direction...i guess move will come in second half...atleast to me a move shd happen today.
 
sir ur sheet was showing 5888 pivot so i short 5800 call 2 lot as experimental and cover @ 92.50 but after touching 5888 now nifty is @ 5899 while i m posting tks so u advice when it was @ 5888 i shoul have taken call long say 5800 @ 92.50
 

healthraj

Well-Known Member
sir ur sheet was showing 5888 pivot so i short 5800 call 2 lot as experimental and cover @ 92.50 but after touching 5888 now nifty is @ 5899 while i m posting tks so u advice when it was @ 5888 i shoul have taken call long say 5800 @ 92.50
I am also using the same tool and seeing the same data. So how we interpret this data going to decide whether we win or loose. So there is no straight answer to your question. Monitor the tool for some days and see the pattern and trade accordingly.

My observation.

On a FLAT day like today, Use the pivot and 30 points above and 30 points below.

On a Bullish day use the Pivot as a support.
On a Bearish day use the pivot as the Resistance.

So what is important is to decide the Trend, whether it is FLAT, Bullish or Bearish
 

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