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
NIFTY MAX PAIN @ 6200.

Just 4 days to Expiry including today. MAX PAIN for Nifty has been at 6200 for so many days. But mean NIFTY Cannot Remain at 6200 for the next 3-4 days. So trade accordingly.

Today you can also See the MAX COI at 6200-6200, meaning 6200CE-6200PE Pair being Sold. So those who want to Trade pairs can also do the same now. The Pair is available now at 84.2.

It might either Go to 6100 and get back to 6200. Or goto 6300 and come back to 6200.

Since I will take short positions around 6200 and the Charts are also favoring a SELL near 6200. I would personally think that NIFTY will at least touch 6100 (IF NOT 6070/50) and Expire at 6200.
 

healthraj

Well-Known Member
As per the Adjusted charts in the Lower timeframe, The RESISTANCE at the Lower timeframe is at 6205 and in the higher timeframe it is at 6220. So those who want to Sell can sell between 6205-6220.

In the Higher timeframe the SELL is already live from 6263

6200 PE is available around 45 now.

As per OAT, the Calls are being squared off and today the fight will be at 6200 as per MAX COI. The Options Data favoring Bulls. But the Price Action favors BEARS at 6200.

It would be SAFE to SELL around 6200-6220. Keeping the Stoploss as 6245
NIFTY Made HIGH of 6201. Sold NIFTY around 6200. Will Average my Sells if it makes High of 6210-20.

I am basically buying 6200PE. So bought 6200PE @ 37.

NIFTY Made high of 6222 and Tested the Hourly Resistance also.

Bought 6200PE again at 30 and my Average price is now 33.
 
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