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
At the moment based on option data for Infy ,
Price : Rs 3015

IV for Call & Put : 66/68 %

Long Butterfly : Max Profit 10,9678

: Max Loss 1,531
Long Iron Condor : Max profit 5,085

: Max Loss 1,180

Short strangle
(3500C/2600P) : Max Profit 13,612

: Max Loss unlimited

: Upper/ Lower BEP @ 3550/2550

On 10th, IV will be higher.
I am wondering which of these trades should be taken on the 10 th.
Instead of Taking a Chance now Why don't wait till 10-Oct and Take a call.

If somebody wants to Trade now, it would be better to Buy the Debit spread of 2500PE-3600CE at 72 now
 

vishal7176

Well-Known Member
Those who want to take trade in INFOSYS, Be careful about TIME VALUE in option. cause of After declaring result ...all INFOSYS Option( call and put ) will drag time value very drastic....almost 70 % time value eat on same day ...only frist 2 hr.

then plss be careful about this....i am continuously follower of INFY result since last 15 QTR result.......and it was happen every time......in result day....
 

healthraj

Well-Known Member
As per the Options Data, it is in Favour of BEARs. So unless clear signal comes do not Buy. As per OAT, The Intraday Pivot is at 5855. The positional Pivot of 5898 is already broken.

There is a fight between 5800 and 5900 and right now it is advantage BEARS.


The OAT levels, Top = 5922 - Which is already met (5938), Bottom = 5787 (Which is still not met). So there is a chance 5780.

12:00 Noon : The Overall COI is also indicating a BEARISH, CE @ 13L and PE @ 7L
12:20 PM : CE @ 16.7L PE 5.6L - Advantage BEARs
Do not know how many survived this sudden move on the up side. As per OAT it is still BEARISH.

CE @ 17.37L and PE @ 7.92L. Let us see
 

anup

Well-Known Member
Today was full of surprises. Somehow it does not seem to be working for me. Thinking of Quitting. I have been trying and trying from 2009.

Anyway Let me take a break and think about it
Raj, Today was bad day for most of the trader because the market behaved abruptly.. Dont take it to heart. Well you can always do paper trade and check if it works for you.
 

prabhsingh

Well-Known Member
Today was full of surprises. Somehow it does not seem to be working for me. Thinking of Quitting. I have been trying and trying from 2009.

Anyway Let me take a break and think about it
Apart from Options data,i think you need to bring into TrendLines and fib ratios as well into consideration.Trust me,i had never taken Options data but only TrendLines and i am big follower of Elliot waves and trading is making sense now as it used to be earlier.
 

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