NIFTY Options Trading by RAJ

[anup]

The MAX Pain has changed from 5850 to 5900 So do not be in a Hurry to Take Shorts at 6100. But also do not be over cautious and miss the Shorts

Your this statement is making me think, You can apply for CNBC analyst Post... Just kidding

Also max pain at 5900, is it spot or futures??..

I am holding a nifty debit spread (5850 PE and 6000CE)from almost a week.It has been pain in the

Still not crossed break even, Hope rally continues..

 

[healthraj]

INFY broke the NO Trading Range and is UP at 3082 now. Those who want to Buy Fresh should Buy above 3100

Those who traded 3100 Breakout would have got 30 points

 

[healthraj]

Your this statement is making me think, You can apply for CNBC analyst Post... Just kidding

Also max pain at 5900, is it spot or futures??..

I am holding a nifty debit spread (5850 PE and 6000CE)from almost a week.It has been pain in the a**

Still not crossed break even, Hope rally continues..

To be on the SAFE side Go with the Max of SPOT or Futures and Take Short around 6140-50. The Premium is 40 points now. So it should be Futures price

 

[healthraj]

NIFTY Broke Yesterday's High favouring another 50 points. So we might see 6045 today. 6000 Strike CE/PE also became Bullish

Did not want to be over Greedy. Target was 6045. Made high of 6043.9. Closed Longs

 

[anup]

US Market slightly positive.. Dow futures up by 49 points

 

[ss16021981]

can i take call now

 

[healthraj]

can i take call now

What call ? You can may be try selling the 5700PE - 6100CE at 162. In the last two days in the last minute the pair gave 10 points.

 

[avny]

will it not be a good idea to start accumulating put of NOV series at every high?
as we are seems to moving up at the American crisis and the day it resolved we will take a good hit
i am unable to see any other trigger

 

[healthraj]

Today I was seeing three Charts, OAT, Price Action using my MTP Pivot Charts and INDIA VIX. Even though I missed the morning action due to some personal work. I was still able to make some points.

My trades today

INFY 3500 CE @ 46.4 - Closed at 54
Sold 5900 PE @ 100 - Closed at 90

Bought 5700PE-6200CE Pair @ 118 - With 1 point profit now- Will carry till 6100.

 

[healthraj]

will it not be a good idea to start accumulating put of NOV series at every high?
as we are seems to moving up at the American crisis and the day it resolved we will take a good hit
i am unable to see any other trigger

Why November we can buy OCT-13 Series put itself, which would be cheaper? NOV-13 might be costly given the current volatility? Plus it is better to wait till Friday to take the Short positions because normally the NIFTY Range which is 500 points for this series is only 400. INFY might change the Range from 5700-6100 to 5700-6200. So let us wait till Friday to take Short positions. Now the Trend is UP, So let us not think about DOWNside now.

One more important point is that we should always Trade at least 150-200 points away from MAX Pain so that we can be sure. Let us suppose if 5700-6200 becomes the Range then MAX Pain would become 5950 (Average of 5700 and 6200). So we should Take our positions at least around 6100