NIFTY Options Trading by RAJ

[MRP1191]

and this link specially for OAT

http://www. 4shared. cOm/zip/bL6KJQqMba/RAJ_OAT_OptionsChain_Analyzer_.html

thanks to the original uploader:clapping:

Hello trump,

I have downloaded, but getting compatibility error. Also I cannot change the expiry date.

I am using Office Prof. Plus 2010 x64 bit.

Appreciate your help.

Brgds,
M R Phadnis

 

[healthraj]

Raj's way of selling/buying pairs is something I did not understand initially but now I understand some as how it works I had made a loss of 50k due to naked options but Raj advised no need to do naked options when pair buying/selling is safer and gets returns too. Thanks to Raj for suggesting something I did not know earlier

Good that you have understood. So even though the gains is not very high it gives some profit. But I have to tell you that SELLing Pair also does not work always. So I would keep a stoploss of 20 points and Get out the position as soon as my stoploss is hit.

The other two strategies I tried are I am not sure the name of it. I will call it a BULL Spread and a BEAR SPREAD. It is a limited profit and Limited gain strategy.

BULL SPREAD.
SELL a Higher Strike Call and BUY a Lower strike Call - For Example when NIFTY is around 7500, and if the OI still remains at 7500-8000. Then you can try BUYing 7500CE and SELLing 7600CE.

BEAR SPREAD
Buy a Higher Strike PUT and SELL a Lower strike PUT - Yesterday I had posted this call in the thread.
SELL 7500PE @ 30 and Buy 7600PE @ 55. Net outflow of 25 points and Risk is 25 points.
With 200 quantities today the 7500PE has lost 2800 and 7600PE has gained 4130. Net gain of 1330. If NIFTY goes to 7500 once should get 5000. Please see my yesterday's post.

So these are some limited gains and limited risk Strategies.

Since FOR the BEAR SPREAD and BULL SPREAD I choose the strikes a little bit close, it should be normally VOLT Neutral.

 

[healthraj]

Hello Raj Sir,
I want to import Nifty 50 data into excel.
From Data tab i have import it but not able to import nifty 50 (its importing bond data).
Please Help Me

Thanks

The entire code is freely available in the OAT tool. So if you know VBA for Excel you can manage it. If you don't know VBA for excel, I might not be able to help

 

[healthraj]

By Yesterday EOD, the MAX Pain was at 7500.

The MAX PAIN today is 7500. As I keep telling the MAX PAIN is nothing but the pivot in the DAILY charts. So right now the Pivot in DAILY Charts is around 7480 Futures. And normally as per my observation NIFTY expires around the PIVOT. So give importance to MAX PAIN only during the Expiry Week and not during the first three weeks.

During the First three weeks Market will try and Test the Support or Resistance and on the expiry week it moves towards the Pivot.

 

[healthraj]

Good that you have understood. So even though the gains is not very high it gives some profit. But I have to tell you that SELLing Pair also does not work always. So I would keep a stoploss of 20 points and Get out the position as soon as my stoploss is hit.

The other two strategies I tried are I am not sure the name of it. I will call it a BULL Spread and a BEAR SPREAD. It is a limited profit and Limited gain strategy.

BULL SPREAD.
SELL a Higher Strike Call and BUY a Lower strike Call - For Example when NIFTY is around 7500, and if the OI still remains at 7500-8000. Then you can try BUYing 7500CE and SELLing 7600CE.

BEAR SPREAD
Buy a Higher Strike PUT and SELL a Lower strike PUT - Yesterday I had posted this call in the thread.
SELL 7500PE @ 30 and Buy 7600PE @ 55. Net outflow of 25 points and Risk is 25 points.
With 200 quantities today the 7500PE has lost 2800 and 7600PE has gained 4130. Net gain of 1330. If NIFTY goes to 7500 once should get 5000. Please see my yesterday's post.

So these are some limited gains and limited risk Strategies.

Since FOR the BEAR SPREAD and BULL SPREAD I choose the strikes a little bit close, it should be normally VOLT Neutral.

The other advantage of Spreads over the naked calls or puts is that your outflow and your risk limited by your "SELL CALL/PUT". Of course someone might feel that as a waste of premium because to SELL you need a Huge premium compared to BUY. But it is choice between Limited Risk and Unlimited Risk

 

[trump]

The MAX PAIN today is 7500. As I keep telling the MAX PAIN is nothing but the pivot in the DAILY charts. So right now the Pivot in DAILY Charts is around 7480 Futures. And normally as per my observation NIFTY expires around the PIVOT. So give importance to MAX PAIN only during the Expiry Week and not during the first three weeks.

During the First three weeks Market will try and Test the Support or Resistance and on the expiry week it moves towards the Pivot.

when I updated your OAT excel today morning before market open it showed 7600, I am giving a screen shot of the same.hope you will look into it.If there is an anomaly , then may be I am not using the correct OAT tool.

 

[healthraj]

when I updated your OAT excel today morning before market open it showed 7600, I am giving a screen shot of the same.hope you will look into it.If there is an anomaly , then may be I am not using the correct OAT tool.

You are right you are not having the latest version and there is a problem with the MAX Pain calculation in the current OAT Tool, which I have highlighted multiple times. So look for another source or you can use the MAX Pain calculator tool that I had uploaded some time back...

But the other way to look at is just the Take the Pivot from the Daily chart and you can use as the MAX Pain. You don't need to calculate it from the Options Chain

 

[trump]

Someone please share the correct OAT tool , please.....

Raj can you upload it to 4shared, or any other site in ur free time, its hardly 3 mb, please

 

[trump]

this one you posted on 30th July 2013, another version 1.1 on 5th Aug 2013
and version 1.2 on 11th Sept 2013 all in this thread of yours, http://www.traderji.com/advanced-trading-strategies/71838-1-lakh-652-lakhs-497-trading-days-winning-20-trade-nifty-futures-bac-246.html

and none of the links are working.

 

[lemondew]

Kindly help me with this if anyone knows
http://www.traderji.com/brokers-trad...n-spreads.html