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 .

VJAY

Well-Known Member
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
Dear raj,
is now VOLTA going high ?:confused: can you please explain it as per OAT tool....VOLTA showing low in tool
 
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
Almost 10l OI built up in 6100 ce , 25%, difficult to see nifty crossing it easily. Instead of debit pairs ladder looks a better play. Buy 6000ce and sell 2 lots 6100ce if your view is still bullish
 
OT, Does Options Oracle give a value ? I hope it displays the graph and we have to deduce the value from the Graph.

I used to calculate with 10 strikes and then 20 strikes. Now I have calculated the value with 30 strikes from 5150 to 6650 and the MAX Pain is at 5900.

Even if we don't take into account the complex method, Just going by the simple method of calculating the MAX Pain, we get 5900. The simple method is to take the average of the MAX OI strikes which is now at 5700 and 6100. The Average of 5700 and 6100 will give you 5900
I modified your formula to take all the strike levels and that is when I got 5800. Ill post the values for levels at end of day so that you can recheck. I guess the sensitivity increased after strike levels of nifty came in
 

healthraj

Well-Known Member
Dear raj,
is now VOLTA going high ?:confused: can you please explain it as per OAT tool....VOLTA showing low in tool
As compared to Yesterday Yes the VOLT has gone up.

K19 - Gives the AVG VOLT of CE which is at 27.72 - Yesterday it was around 26.7

L19 - Gives the AVG VOLT of PE which is at 23.47 - Yesterday it was around 21.73.

So may be operators are creating Credit Spreads.
 

VJAY

Well-Known Member
Have you taken XX50 strikes also. I have taken the XX50 strikes also in my calculation
Dear Raj,
Please make adjustment for get proper MAX pain in tool in next version....also if possible do the needfull to show ydays volta of CE & PE .......yeh dil maange more always...:)
 
I think market is going up to crash... Like 2008.. Nifty crashed 6000 to 4500 in just 4 trading sessions... Very unpredictable Indian market is going... Ram bharose
why ??? Is Mukesh Ambani announcing sanyaas ??
 

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