NIFTY Options Trading by RAJ

[healthraj]

My View on NIFTY and INFY before INFY results on tomorrow

NIFTY :
As per OAT the Range has moved from 6300-6500 last week to 6000-6300.

In the lower timeframe the bottom could be 6150.
In the hourly charts the bottom could be 6080.
In the Daily charts the support is at 6140.

The VOLT indicates Selling Puts and Buying Calls.

NIFTY is now trading in the Range of 6200-6400 with MAX Pain as 6300. Those who bought near the 6150 Levels should book at least 50% profit now around 6320 and hold for levels of 6430.

As per the OAT if the MAX OI @ CE does not move beyond 6400 then should prepare for a down move to 6200.

As per daily charts the Pivot is at 6320. R1 @ 6430 and R2 @ 6540

 

[Option.Trader]

NIFTY is now trading in the Range of 6200-6400 with MAX Pain as 6300. Those who bought near the 6150 Levels should book at least 50% profit now around 6320 and hold for levels of 6430.

As per the OAT if the MAX OI @ CE does not move beyond 6400 then should prepare for a down move to 6200.

As per daily charts the Pivot is at 6320. R1 @ 6430 and R2 @ 6540

6150 was a good call, missed it but joined the band wagon at trend line support of 6250

 

[amitrandive]

Can you please paste link in words here? I'm getting an error while typing the address and running it.

Thanks.

http://thongtinkhcn.vinhlong.vn/junkbox/Kinh+te/Sach+kinh+doanh/Tieng+Anh/

link not working .Please help

 

[ananths]

http://thongtinkhcn.vinhlong.vn/junkbox/Kinh+te/Sach+kinh+doanh/Tieng+Anh/

link not working .Please help

replace .vn with gov.vn :thumb:

It works

 

[amitrandive]

replace .vn with gov.vn :thumb:

It works

Yes , it Works Thanks a million !!!:clap::clap::clap:

 

[BabaMagic]

Morning All,

The lower breakout level has been sustained at 6319.55 with a target of 6299 & 6278.50.

However would urge all to remain cautious on the short side today.

There is a very likelihood of Nifty Spot sustaining the upper breakout level of 6352.50 & achieving the target of 6373.

Thanks!

 

[healthraj]

NIFTY is now trading in the Range of 6200-6400 with MAX Pain as 6300. Those who bought near the 6150 Levels should book at least 50% profit now around 6320 and hold for levels of 6430.

As per the OAT if the MAX OI @ CE does not move beyond 6400 then should prepare for a down move to 6200.

As per daily charts the Pivot is at 6320. R1 @ 6430 and R2 @ 6540

As per the OI, the Range has become 6200-6300 with MAX Pain still at 6300. There is some indication of Bearishness with MAX COI at 6200-6300. So better be Cautious on LONGs.

Note that this sudden change is caused by change in OI and COI in 6400. So keep a Watch on 6400.

 

[premkumartalreja]

Raj /Dan,

I need help with understanding something. Nifty Spot is at 6307 and the put IV for 6300 is 16.41 and the call IV for 6300 is 11.53.

The 6300 call is trading at 75 and 6300 put at 65.
Since the Put IV is Higher shoudnt the 6300 put be more expensive than Call.

Pls advise.

 

[Gandhar.]

Raj /Dan,

I need help with understanding something. Nifty Spot is at 6307 and the put IV for 6300 is 16.41 and the call IV for 6300 is 11.53.

The 6300 call is trading at 75 and 6300 put at 65.
Since the Put IV is Higher shoudnt the 6300 put be more expensive than Call.

Pls advise.

nifty is above 6300 so call will be higher than put

 

[singlap]

Raj /Dan,

I need help with understanding something. Nifty Spot is at 6307 and the put IV for 6300 is 16.41 and the call IV for 6300 is 11.53.

The 6300 call is trading at 75 and 6300 put at 65.
Since the Put IV is Higher shoudnt the 6300 put be more expensive than Call.

Pls advise.

Option prices are based on future price rather than on spot price. So NF is somewhere at 6317 now and hence price of 6300 call will be slightly higher than 6300 put.