NIFTY Options Trading by RAJ

[Purushotham]

As per NSE Tame today's (9.15 to 9.30) High low are

6108.7 6084.35

 

[Option.Trader]

Please let me know where I got worng

Apologize for the confusion, you are right, rechecked from website

 

[Relish]

As per NSE Tame
Y'day High Low are 6141.65 6067.75

Oh I write wrong value instead of high i put open value. sorry my mistake

 

[BabaMagic]

No worries Relish.

I encountered the same when i started using this strategy initially.

My view from here:
Keep an eye on the US-INR & India VIX. If both continue to rise on the upside & if Nifty Spot sustains the lower breakout level of 6075.45 again for 10 mins before 2 PM. Chances are it may test the full target of 6033 today.

One may just take it as my personal view. I may be completely wrong here.

Thanks!

 

[niftytaurus]

Hi,

I have below doubt,

As per the attached image, if nifty is presently trading at 6062/- and i have bought NIFTY option call with strike price 6100/- by paying premium 108.75 per share.
Now my doubt is if NIFTY CE is trading at 6080/- but that time premium is 115 per share then if i sell NIFTY call will i get money as NIFTY is still not crossed my strike price?

My understanding is,
1) if NIFTY is at 6100 + 108.75 i.e. 6208.75/- then i will not get anything.
2) if NIFTY is below 6208.75 till option expiry date i will loose all my premium.
3) if NIFTY is above 6208.75 say at 6300/- then i will get 6300-6208.75 = 91.25 per share. If lot is having 50 shares then i will get 50*91.25 = 4562.5/-.

Please let me know if i am wrong at any understanding. And please clear my doubt also.

Hi
I will try to help you...u bought nifty call 6100 [email protected]
when nifty is 6080..ur call is at 115....see its the market price of ur call..good news is yes u can sell it at any time ..no matter where is nifty..u will get market price of ur call....its up because u bought it at when nifty at 6062 & now its at 6080 so underlying value increase...
but rememeber one thing, it will not happen same as time passes..option will have time decay also ..its not necessery that nifty will again at 6080 & u will get same 115 rs....as time passes, opton value will get decrease....
If u keep it till expiry & nifty closes below 6100..u will get nothing..means it will expired at zero...
if nifty close at or up 6100 ...u will get money..ex if nifty close @6150..u will get 50 rs....
next thing dont consider premium value to calculate ur target ...because it changes every moment..& it depends on many factors ..underlying value, time ,volatility etc ..
i hope it solve ur problem..if any doubt please ask without hesitation...
one more friendly advise, please read some learning material about option...as option is dangerous..if u trade them without knowledge...
please feel free to ask anything ....
thanks

 

[labalaba72]

no reply from anybdy

 

[niftytaurus]

Hi,



My understanding is,
1) if NIFTY is at 6100 + 108.75 i.e. 6208.75/- then i will not get anything.
2) if NIFTY is below 6208.75 till option expiry date i will loose all my premium.
3) if NIFTY is above 6208.75 say at 6300/- then i will get 6300-6208.75 = 91.25 per share. If lot is having 50 shares then i will get 50*91.25 = 4562.5/-.

Please let me know if i am wrong at any understanding. And please clear my doubt also.

Hi
about this understanding...
first dont add premium value..as it have no importance the way ur calculating..till expiry this value changes as i told u due to underlying value,time & volatility...
we can calculate what we actually get on expiry.
so
1 if expiry is at 6208..u will get 108 rs
2 if nifty is below 6208.75 ..u will not loss premium ..ur call is now atm...if it is even 6200...u will get 100 rs..
3 if nifty is at 6300..6300 -6100 =200 rs ..u will get 200 rs...50*200=10,000 rs

I hope it will clear ur doubts...If u have any ,please let me know
thanks

 

[niftytaurus]

sir

please somebody provide the material to understand the nifty optionchain

thnks

what material u want?please be specific ..
I can tell u the how to read option chain ..i dont know if this u want...
in nifty option chain ..
there is LTP- LAST TRADING PRICE OF THAT OPTION
IV- implied volatility
volume -total contracts traded
change in OI -CHANGE IN OPEN INTREST
OI- Open intrest
if ur query is different, please let me know
thanks

 

[prabhsingh]

SPOT Nifty seems to be forming ending diagonal pattern.Hence if breakout happens above 6091 then go long.

 

[Relish]

no reply from anybdy

Go to initial of this thread and understand rules given by RAj. u will get idea from there.