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 .

chintan786

Well-Known Member
hi option Trader,

Can u plz come up FII activity update. Sebi website saying FII sold 524 crs in Equities where as Moneycontrol saying they sold tht much on 30 Sep only. What is FII F&O position no idea.
 
This is weird, the chart posted by you and me(spaced by 2 months) are identical except for a shift of 100 points.. and we all know what happened in the prior



OK Here it goes with the VOLT Chart...

One more important indicator to watch out - VOLT Trendline Chart

I am not expert still in the VOLT Trendline charts. but I have been observing the charts. I have included in the OAT tool so that we can learn and make some useful interpretations.

How to Read the VOLT Trend line Charts?

There are threee lines
Green Line - Green line on TOP indicates Bullish
Red Line - Red Line on Top indicates Bearish
White Line - Overall Trend line - This is what is most important and we have to analyse the patterns.
Look at where the Red Line and the Green line meet - That is the Reversal point Or the Breakout point

Some of the obvious patterns you can remember for the White lines

A pattern in the form of a Tick mark and the Green line is above the Red line - Extremely bullish pattern - So the traders are willing to buy the Options at higher premium

Reverse (Mirror image) of a Tick mark - Bearish Trend - Traders are betting more on the downside and so the VOLT will be high on the Downside strikes.

so with the above knowledge - Let us look at some of the Key indices and stocks

NIFTY - Meeting point is 5650. So more downside is left. For the time being it is a SELL on HIGH because the Trend line is a Diagonal line. No sign of Bullishness till 6000






Raj

Could you explain the volatality chart information I have been trying to observe from the last few days.. .at instant it shows as below

Does this indicate that downside still exists till 5750? as Green and Red lines intersect at that point?
 
I'm new to options trading, and came across this thread recently.
I was also using similar data analysis . But your method is giving some better signals.

I do intraday options, and I go by the near strike price volume mainly.

But I really like your analysis. I'll try follow your system.:thumb:

How's your R:R ratio?

 

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