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 .

anup0212

Well-Known Member
If it is in 30 points profit, Why not close it and Get the profit?

Because Since the market is moving down for the past two days, the next strategic move will be take the market UP, to kill the Premium on the PE side.
Raj Bro..did not take position...i was tracking...so asked...:D in this also same is possible i guess....:)
 

sach007

Impatient Trader
Hi,
Raji i have download the OAT option chain analyzer.But it is not updating.

Please can you help on this.

Thanks.

Rajesh
Hi Rajesh,

Sorry to jump in between...:)

You have to CLICK the REFRESH and GET FAO VOLT OI Buttons for getting the TOOL Updated...

It doesn't update automatically... (as per my knowledge)

 

healthraj

Well-Known Member
Raj,
Can you take a look at SSLT in OAT...



Under the heading Open Interest WEEKLY there I see

Max CE @ 190

and

MAX PE @ 200

What does it mean?

I mean most of the time I see MAX CE OI strike PRICE HIGHER than MAX PE STRIKE... but here it is opposite...

Can you throw some light?

Thanks in ADVANCE

SACH
You are right. It is as per the data. In case such error. Please look at the data manually. The PE strike could be 180 instead of 200
 

healthraj

Well-Known Member
Hi Raj brother,
Any advice for December Series, What pair (BUY) do you suggest at this time?
May I take (PE6000 & CE6100) pair of November series @Rs.25/-
As per OAT, in DEC-13 Series the MAX OI is at 6000-6300. NIFTY is near 6000. So if you want to Buy the Pair it would be 6000PE-6100CE.

But the Premiums are very high now to Buy a Pair.

So normally In an UP Trend I would rather sell the Pair which comes at a Premium of 95+. So accordingly it would be better to Sell the Pair 5800PE-6300CE for around 100+ now. When the market goes UP, the IV tends to drop and the Selling Pairs give profit rather than buying Pair. If you want to Buy, Buy the ITM/ATM pair like 6050PE-6050CE, but where the Premium is high.
 

healthraj

Well-Known Member
Those who want to Take some Risk can buy the 6100CE at a throw away price.

The MAX OI has changed to 6000-6100. But the MAX Pain is still at 6100. Assuming the market jumps UP, it could give some 10 to 20 points profit or even more. Only for Risky players. Better to Buy when the market is around 6000-6020.
 

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