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 .

healthraj

Well-Known Member
till now i just understood the concept weak bull/bear & strong bull/bear from morning i was short by watching this
Please raise whatever you don't understand from the OAT and how to understand some data. I will explain. One more thing is that whatever I put on this thread is also influenced by my own perception and intuition. But if you just understand the data in the OAT tool you don't have to listen to anyone (Including me)
 

healthraj

Well-Known Member
now its showing strong bear so i had taken put
Yes it was bearish in the morning when the market was at 6000. Now if you closely look at the 6000, 6100, 6200 Call values, you can see that inspite of the market being down, why should CE Premiums go UP? It is not inline with the Bearish movement. When the market goes down CE prices should go down and not Go up? So I would be doubtful and the reason why I asked you to close the short positions around 5926 you can see that NIFTY is now trading at 5965.

Or if you want to make it simple, Look for NIFTY Futures Premium to reach around 60 and then take a Fresh Short position. Now better to be out of the Short. NIFTY Premium is now at 47 from 41 in the morning. So buying is going on.
 

healthraj

Well-Known Member
Those who Trading with the Options, and looking for A direction, Also please look at the cell M46. This is calculated based on the traditional wisdom of reading the Options Chain.

That is
When the CE NET CHG +ve and the COI +Ve - Bullish - Long Build
When the CE NET CHG +ve and the COI -Ve - Bullish - Short unwinding
When the PE NET CHG +ve and the COI +Ve - Bearish - Long build
When the CE NET CHG +ve and the COI -Ve - Bullish - Long unwinding

So accordingly the Market is now become FLAT
 

anup

Well-Known Member
I dont prefer selling a pair now....Instead we can buy pair, Lot of action is left in this expiry... But anyway expert Raj, OT can comment on this
 

healthraj

Well-Known Member
I dont prefer selling a pair now....Instead we can buy pair, Lot of action is left in this expiry... But anyway expert Raj, OT can comment on this
I hope the next 100 points on the UP side would be not be made so easily.

Yes since the VOLT is going UP, I think it would be better to Trade the Debit Spread.

6100 CE and 5800 PE both Available at around 100.

If the market goes to 6100, then we can close this pair with Profit and Trade another pair.

For 1 lot with the Current VOLT, the max loss should be around 150 and if the market goes to 6100, the profit should be 2000. If the market goes to 5600, then the profit would be 6000.

If the VOLT goes down it would be better to close this pair
 

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