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 .

healthraj

Well-Known Member
Today market opens with a Small Gap down. The PIVOT in the 60 min chart is at 6177. So if 6177 is broken can go till 6095. In the lower timeframes the Support is around 6190. So try to Sell around 6190. Since the MAX Pain is at 6150, probably 6150 would be Tested today and if the VIX shows some change and indicates a BUY then you can BUY for Reversal around 6150-6170.
The Pivot is at 6167 after the opening. So it should first test the Pivot at 6167. NIFTY came above 6190 to take the SELL positions
 

anup0212

Well-Known Member
Hey Raj, this seesaw is going to continue also...do you have any suggestion for stock option ? better to look for it...
Thanks,
-Anup0212-
 

sach007

Impatient Trader
No I don't think any other update is required. Probably others can comment whether it is working for them.

Relish, Is the update working and are you getting the Right Strikes now?
That Formulas entered.. but where to check that we get the right strikes.. or not.. on MAIN PAGE?

Or SODATA? COZ in SODATA.. even before entering formula... that sheet showing all strikes...
 
Problem in getting the XX50 strikes in OAT.

In this month, for NIFTY in the OAT XX50 strikes are not shown even after entering the value in BA2:BA22 cells because this month the Speculation is very high and there 96 strikes which are being traded. May be we will have a larger range in this month.

To fix the problem, Please goto the hidden sheet "SOData" and change the Forumulas as follows

In the cell L1 input the formula as follows
Code:
 =ROUND(COUNTIF(L15:L200,">0")/2,0)+14
In the cell K1 input the formula as follows
Code:
 =IF(COUNTIF(BA2:BA22,A3)>0, INDIRECT("L"&L1)-INDIRECT("L"&L1-1),( INDIRECT("L"&L1)-INDIRECT("L"&L1-1))*2)
In the Cell BE25 Input the formula as
Code:
 =INDIRECT("L"&L1)-INDIRECT("L"&L1-1)
, which is used for MAX Pain Calculation
Dear raj,
When insert 2nd formula in K1 value not active....is need any other modification?

M Also facing the same problem...
 

Relish

Well-Known Member
M Also facing the same problem...
That Formulas entered.. but where to check that we get the right strikes.. or not.. on MAIN PAGE?

Or SODATA? COZ in SODATA.. even before entering formula... that sheet showing all strikes...
Dear raj,
When insert 2nd formula in K1 value not active....is need any other modification?
It is working for me. If you want to see XX50 strikes on main page then you need to enter "NIFTY" only once in sheet "SOData" in column "BA2 - BA15".

If you did not want to see XX50 strikes then delete from there.

First and second code work good but third code which we put in BE25 is empty cell before putting code; does not know it effect max pain or not since if we delete it no effect on max pain.

Max pain @6200; COI@6300-6000 and Max OI @6500-6000 @10.13 for me . is it matches with other? Thank's
 
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