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 .

Relish

Well-Known Member
Put 6000 and 6200 has a difference of 2 lac (approxim) and 6400 CE 6200 CE has difference of 1 lac( appro). Every half an hour it is changing.

Fight is furious; bull and bear are not able to decide which they should protect??
 

healthraj

Well-Known Member
Nifty may test 6200 before bouncing back to 6300.
Thanx/subratdas
Do not look for the Exact levels of 6200. Last month I was looking for the level of 6300 and so did not close my Long position and so faced with losses. So better to have 6200 as the Stoploss and close or initiate your positions around say 6220. The Reason is even after introducing the XX50 strikes, the Speculation in NIFTY has not stopped. The real Level might be say 6250 to 6350. But since there is not much volume at XX50 strikes, there is not much use of the introducing the XX50 strikes. Still the Speculation is there. It is not the case with Stocks. So it is better to be careful with the levels of the MAX OI.

Have a Buffer of say 20-30 points and close / initiate the positions accordingly.
 

healthraj

Well-Known Member
MAX OI has changed to 6000-6400. And NIFTY is also Trading around 6230, which indicates a BUY around this level.

NIFTY SPOT Made low 6220 and those who believe that the market would be Range bound can Buy at this level
Those who bought at 6220, Trade with Strict Stoploss
Those who bought at 6220 Book Partial Profit. NIFTY touched 6275. The PIVOT for this channel is at 6278. So Watch what happens near 6278 and Close your Longs Accordingly.
 
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