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 .
At 5700 , it is decisively the MAX OI with quite a huge difference from any other strike. But on upside, 6200 & 6300 are more or less similar and anytime it can be 6200 or can remain 6300. Does this mean that something in between like 6250 is the most probable upper range , Raj ? I am short in some calls and praying for downside movement as of now.:confused:
 

healthraj

Well-Known Member
When the Market MAX OI was 6100 and MAX PAIN at 5900. I had bought 5900 Puts (When the market was at 6100 SPOT). Now I have converted into a Debit Spread.

Bought the 6000PE-6200CE Pair at 135. Both 6000 and 6200 are possible in this month. The only thing is that the Sideways market could kills this. But with a Lot of action pending in October, Hope market will not be stuck in the Sideways. The VOLT is also LOW to go for Debit Spreads.

INDIAVIX is also down to around 22%. So it would be good to buy ITM Debit Spreads or OTM Credit Spreads.

When the Market goes to 6300 (MAX OI @ CE) - I will once again go for Naked Put Options.
 

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