NIFTY Options Trading by RAJ

[healthraj]

Planning for Expiry Level.

Normally NIFTY Expires near the PIVOT. In OAT it is the MAX Pain or the AVG of the MAX OI, which is at 6100.

In the Lower timeframe like 9min, 15min it is around 6090.
In the 30 min timeframe it is at 6035.
In the 60 min timeframe it is at 6048

So the Expiry could be anywhere between 6035 and 6090 or let us say 6048.

So those who want to Trade the pairs for Expiry Can sell 6000PE-6100CE @ 30 and 6050PE-6050CE @ 65. Totally the Premium is 95

Close the Pairs if moves out of the 6035 - 6090 Range

The Premium is now down to 82 with 13 points profit. Better to book 50% profit

 

[adg123]

I have ac in zerodha. pl tell me where u get thid pair buying

Bhaiji, Not understand clearly what you mean...

 

[mohan.sic]

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.

Raj,

covered nifty short of 6066 at 6046 and went long around same level.

thanks.

 

[mohan.sic]

Raj,

covered nifty short of 6066 at 6046 and went long around same level.

thanks.

Again book profit at 6060 and went short at same price.

thank you thank you.

 

[mohan.sic]

Raj,

Want to cover nifty short at 6051 and go long.
whats ur view.

thanks.

 

[healthraj]

Raj,

Want to cover nifty short at 6051 and go long.
whats ur view.

thanks.

My view is that Try to cover the NIFTY SPOT around 6030-6035 and Look for Long to goto 6090

NIFTY is in the 6030 to 6035 Range - Better to Book Profit

 

[healthraj]

Planning for Expiry Level.

Normally NIFTY Expires near the PIVOT. In OAT it is the MAX Pain or the AVG of the MAX OI, which is at 6100.

In the Lower timeframe like 9min, 15min it is around 6090.
In the 30 min timeframe it is at 6035.
In the 60 min timeframe it is at 6048

So the Expiry could be anywhere between 6035 and 6090 or let us say 6048.

So those who want to Trade the pairs for Expiry Can sell 6000PE-6100CE @ 30 and 6050PE-6050CE @ 65. Totally the Premium is 95

Close the Pairs if moves out of the 6035 - 6090 Range

The Premium is now down to 82 with 13 points profit. Better to book 50% profit.

@1:20 PM. Those who have not booked profit in the Pairs, Better book 50% now. The Premium is now in the Range 75-80. 15 to 20 points profit.

 

[healthraj]

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.

Those who want to buy 6100CE or 6050CE can buy now. 6100CE @ 9.6
6050CE @ 26

 

[dprikka]

Short 6000 PE @ 9.90 tgt 0 will come tomorrow.

 

[anup]

Those who want to buy 6100CE or 6050CE can buy now. 6100CE @ 9.6
6050CE @ 26

Whats the target and stoploss for both strikes