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 .
S

stock72

Well-Known Member
#4,722
#4,722
new2trade said:
My 50,000 is stuck in the 6500 PE May position and thats 33% of my capital. I have additional 1 Lac that I can buy something that will nullify the 50,000 loss and also get me a profit.
So what do you think is a good buy for 1 Lac and has the potential to nullify the loss too ? Thanks
Click to expand...
7400 ce around 38 .. u can buy to sell by around in 80 today or tom .. but buy for 25000 rs..
 
healthraj

healthraj

Well-Known Member
#4,724
#4,724
new2trade said:
My 50,000 is stuck in the 6500 PE May position and thats 33% of my capital. I have additional 1 Lac that I can buy something that will nullify the 50,000 loss and also get me a profit.
So what do you think is a good buy for 1 Lac and has the potential to nullify the loss too ? Thanks
Click to expand...
I don't recommend any Naked calls or Puts.

My recommendation would be first of all to Trade in Jun-14 Series.

The MAX Pain is at 7200. So normally NIFTY would test the MAX Pain at least once. So there is a good chance of 7200 being hit again.

So SELL THE MAX OI Pair which is 7000PE-7500CE @ 118. For 1 lakh I think you can sell max 4 lots of each. ie 200 Qty.

If you want to take risk then BUY 200 QTY of 7300 PE @ 119. So your netflow is 1. But try to buy so that your difference between SELL and Buy is around 10 points.

NOTE : I have closed my previous positions for 10 points and would entering this trade... As long as 7330 is not broken, I will stick to this trade. If 7330 is broken then I have to change Long Put to Long Call. But the Pair of 7000-7500 Will remain the same as long as the MAX OI is at 7000-7500. Yesterday it was 6800-7500 and Today it is 7000-7500. So there is a 200 point movement which is a Bullish signal. But since in the minor Trend the RESISTANCE is around 7330, I am taking a DOWN bias...
 
Last edited:
N

new2trade

Active Member
#4,726
#4,726
healthraj said:
I don't recommend any Naked calls or Puts.

My recommendation would be first of all to Trade in Jun-14 Series.

The MAX Pain is at 7200. So normally NIFTY would test the MAX Pain at least once. So there is a good chance of 7200 being hit again.

So SELL THE MAX OI Pair which is 7000PE-7500CE @ 118. For 1 lakh I think you can sell max 4 lots of each. ie 200 Qty.

If you want to take risk then BUY 200 QTY of 7300 PE @ 119. So your netflow is 1. But try to buy so that your difference between SELL and Buy is around 10 points.
Click to expand...
How to sell the pair 7000PE-7500CE ? Individually ? Or is there anything readymade spread ? Thanks
 
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