NIFTY Options Trading by RAJ

[Option.Trader]

The MAX OI for put is at 6000,which is slowly shifting towards 5900

but the unwinding is not taken place in 6000 put,that is why mkt is not going down,
once this unwinding takes place,we may see more down side

bears are slowly gaining control of 6000,so i will be more interested in buying
6000 put rather than selling it,with a SL above 5975 nifty spot

I agree with comments, I think participants are waiting for Europe to open, 2 things may happen, unwinding pressure on 6000pe will take market lower to test 5799 or it will consolidate in range 5900-6000. I'm betting on former as it resonates with breaking of an important fibo level

 

[dvsolanke]

all three files get hang when tried to back fill and refresh. no data refresh.
MTP V3.5, OPT V1.0, OAT V1.2.
thanks.

 

[premkumartalreja]

OK.. here's a question to all.. Max OI for put is still at 6000... would you at this stage be more inclined to write 6000Put @ 121 or buy 6000 call at 98?
Do punch in your reasoning and we'll see how this turns out .. this is an excellent testing ground

I will write 5800 put to be on safer side. Wrote 400 5800 put at average price of 40

 

[singlap]

I will write 5800 put to be on safer side. Wrote 400 5800 put at average price of 40

Is it naked put writing or some calls are also written ?

 

[premkumartalreja]

Is it naked put writing or some calls are also written ?

Have written the naked puts for now. Will write calls when market is up.

 

[premkumartalreja]

Have written the naked puts for now. Will write calls when market is up.

Look at the number of 5850 Puts written..17 Lac...Overall OI 18.8 Lac.

Looks like 5850 will never get crossed this series

Felling more happy since I have written 5800 Put. WIll keep it til expiry

 

[BabaMagic]

Evng All,

Looks like a bottom has been formed on bank nifty for this series at 9944 Spot.

It's time to buy Bank nifty futures keeping a SL of 9944 Spot & exit with atleast 1000 points profit from the current levels in coming days.

Thanks!

 

[healthraj]

@Raj,

OAT v1.2 does not get values when I pressed REFRESH button.
I've changed expiry also, then what' the problem?

angira...

Probably you have not manually modified the Expiry date for FEB-14. For FEB-14, the expiry is on 26-FEB and not 27-FEB. See my last post on changing the Expiry date manually

http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-423.html#post929839

 

[angira]

Probably you have not manually modified the Expiry date for FEB-14. For FEB-14, the expiry is on 26-FEB and not 27-FEB. See my last post on changing the Expiry date manually

http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-423.html#post929839

Thanx For Quick Response Raj, Now Problem Solved Thanx Again.

angira...

 

[hardik229]

Hi Raj,

I have downloaded the OAT 1.2 tool, I have modified the Expiry date for FEB-14. For FEB-14, the expiry is on 26-FEB and not 27-FEB. Once I click on the Refresh button, all the data are displayed as "0".. Can you please clarify my query?

Thanks..!!
Hardik