NIFTY Options Trading by RAJ

[healthraj]

The MAX Pain at 7500.
MAX OI at 7500-8000. So I think it will test 7500 now. The VOLT also has been going UP.

The market is gone UP from 7200 without any correction so we can expect at least 100/150 correction.

So I would be going for BEAR Spread - with Limited risk and Limited profits.

SELL 7500 PE @ 30
BUY 7600 PE @ 55
It is supposed to be VOLATILITY Neutral.

Outflow is 25 points. With 200 quantities the max risk would be 5000 and the Profit would be as follows

At 7500 - 5500
At 7400 - 8500
At 7300 - 11000
At 7200 - 13000
At 7100 - 14000
At 7000 - 14500

I will try closing around 7500 - Based on the MAX OI and MAX PAIN.

The positions are trading at 4300 profit.

As per daily Future charts, The support is at 7477. If 7477 breaks then the next support should come at 7383. MAX OI is 7500-7800. MAX COI is at 7400-7600.

 

[timepass]

The positions are trading at 4300 profit.

As per daily Future charts, The support is at 7477. If 7477 breaks then the next support should come at 7383. MAX OI is 7500-7800. MAX COI is at 7400-7600.

15DEMA is at 7486, so maybe this is a double confirmation of the support level :thumb:

 

[healthraj]

The MAX Pain at 7500.
MAX OI at 7500-8000. So I think it will test 7500 now. The VOLT also has been going UP.

The market is gone UP from 7200 without any correction so we can expect at least 100/150 correction.

So I would be going for BEAR Spread - with Limited risk and Limited profits.

SELL 7500 PE @ 30
BUY 7600 PE @ 55

It is supposed to be VOLATILITY Neutral.

Outflow is 25 points. With 200 quantities the max risk would be 5000 and the Profit would be as follows

At 7500 - 5500
At 7400 - 8500
At 7300 - 11000
At 7200 - 13000
At 7100 - 14000
At 7000 - 14500

I will try closing around 7500 - Based on the MAX OI and MAX PAIN.

The positions are trading at 4300 profit.

As per daily Future charts, The support is at 7477. If 7477 breaks then the next support should come at 7383. MAX OI is 7500-7800. MAX COI is at 7400-7600.

Closed with 5100 profit. In the Hourly charts, there is a BUY signal getting generated.

Will Enter into Fresh positions later.

 

[healthraj]

Closed with 5100 profit. In the Hourly charts, there is a BUY signal getting generated.

Will Enter into Fresh positions later.

MAX Pain is at 7500. Pivot in Daily Charts is at 7550. There are 8 days to Expiry. NIFTY might expire between 7500-7550. So I am selling the pair 7550PE-7650CE @ 124.

Only if the FLAG in the Hourly chart is broken, one can enter a Bull Spread or Bear Spread.

In the Hourly charts, BUY signal Generated. NIFTY might Test 7630 and/or the hourly Pivot (7695) once again, which is also inline with the MAX OI at 7500-7700. MAX OI has changed from 7500-8000 to 7500-7700. And any change to these levels might be strong move. Otherwise it might be FLAT for this month...

 

[healthraj]

MAX Pain is at 7500. Pivot in Daily Charts is at 7550. There are 8 days to Expiry. NIFTY might expire between 7500-7550. So I am selling the pair 7550PE-7650CE @ 124.

Only if the FLAG in the Hourly chart is broken, one can enter a Bull Spread or Bear Spread.

In the Hourly charts, BUY signal Generated. NIFTY might Test 7630 and/or the hourly Pivot (7695) once again, which is also inline with the MAX OI at 7500-7700. MAX OI has changed from 7500-8000 to 7500-7700. And any change to these levels might be strong move. Otherwise it might be FLAT for this month...

MAX OI @ 7500-7600
MAX Pain @ 7500. Pivot @ 7570.

In the lower timeframe, NIFTY is trading near the R1 @ 7548. Might test R2 @ 7586, which is also the Minor Trend resistance in Hourly charts.

At 7586, if there is a BO, then NIFTY might goto 7800 (R1) and/or 7890 (R2).
Otherwise it might test 7420.

Will close the pair 7550PE-7650CE @ 95/100 with 25/30 points profit. Right now it is with 20 points profit.

 

[anilnegi]

MAX OI @ 7500-7600
MAX Pain @ 7500. Pivot @ 7570.

In the lower timeframe, NIFTY is trading near the R1 @ 7548. Might test R2 @ 7586, which is also the Minor Trend resistance in Hourly charts.

At 7586, if there is a BO, then NIFTY might goto 7800 (R1) and/or 7890 (R2).
Otherwise it might test 7420.

Will close the pair 7550PE-7650CE @ 95/100 with 25/30 points profit. Right now it is with 20 points profit.

Raj bhai

there are 2 points

1. Can we take positional entry on any stock on basis of your strategy, pls in your spare time elaborate with an example,
2. You have mentioned that this strategy work best on 1st day of any week, hence the position should be made on 1st day i.e monday, is it right

thanks

anil negi

 

[healthraj]

Raj bhai

there are 2 points

1. Can we take positional entry on any stock on basis of your strategy, pls in your spare time elaborate with an example,
2. You have mentioned that this strategy work best on 1st day of any week, hence the position should be made on 1st day i.e monday, is it right

thanks

anil negi

1. Yes you can apply the Strategy for Stocks also.
2. I don't remember saying that you can take positions on a Monday. But my opinion is that If you want to SELL a Pair, then it is better taken around Friday EOD, so that you will also gain some points on the week end. If you are taking a BULL spread or BEAR Spread then it is better taken on a Monday because we don't want to loose any value due to Time value. So mostly Monday should work.

 

[healthraj]

MAX OI @ 7500-7600
MAX Pain @ 7500. Pivot @ 7570.

In the lower timeframe, NIFTY is trading near the R1 @ 7548. Might test R2 @ 7586, which is also the Minor Trend resistance in Hourly charts.

At 7586, if there is a BO, then NIFTY might goto 7800 (R1) and/or 7890 (R2).
Otherwise it might test 7420.

Will close the pair 7550PE-7650CE @ 95/100 with 25/30 points profit. Right now it is with 20 points profit.

In the Lower and hourly timeframe the Resistance has slightly shifted.

Lower timeframe R1 @ 7547, R2 @ 7572. Trend Resistance @ 7554
Hourly timeframe - Trend resistance @ 7567.

The morning the minor Trend Resistance (LTF) is already tested @ 7553. I will be watching 7657 SPOT Levels for BO. If no BO, then would be selling 7500-7600 Pair. Now the pair is trading at 105.

 

[stock72]

In the Lower and hourly timeframe the Resistance has slightly shifted.

Lower timeframe R1 @ 7547, R2 @ 7572. Trend Resistance @ 7554
Hourly timeframe - Trend resistance @ 7567.

The morning the minor Trend Resistance (LTF) is already tested @ 7553. I will be watching 7657 SPOT Levels for BO. If no BO, then would be selling 7500-7600 Pair. Now the pair is trading at 105.

now spot at 7510 ... to reach 7657 needs 150 points .. itself a huge move ..

 

[healthraj]

now spot at 7510 ... to reach 7657 needs 150 points .. itself a huge move ..

Sorry it was a Typo. I meant 7567 and 7657