NIFTY Options Trading by RAJ

[lemondew]

Raj bhai,

your change of gears is awesome. Early catching of trend is very good. Thanks to you running this thread. :clap:

Close the positions with 4 points Loss. The Global markets are trading near the Support in Hourly and Daily charts and it might have an impact on the Indian markets.

Will Enter Again when there is a Clear direction.

Right now going for a Neutral to Positive position. So sold the Pair 7350PE-7800CE @ 133.5

 

[parmit]

Dear Pls stay away from options if you do not understand the options, its not that someone who expertise in his zone given you a call but its like you were not confident of that trade and dont even know the reason for taking the trade.

This is just a advise in case i heart you, sorry for that.

anil

negi bro yes i dont know much about option, tht's y ma here and learning...
i hv already gone through various thread and learnt a lil about option...

and no need to sorry bro... all advise r welcome

 

[parmit]

Close the positions with 4 points Loss. The Global markets are trading near the Support in Hourly and Daily charts and it might have an impact on the Indian markets.

Will Enter Again when there is a Clear direction.

Right now going for a Neutral to Positive position. So sold the Pair 7350PE-7800CE @ 133.5

raj bro..

first of all thanks for ur prompt rply...

bro m a novice in option trading, i hv lost around 1.2 lkh in option trading during modi rally even though i was bullish... d reason of loss was IV factor, which was unknown to me.. and i bought mostly otm calls , so after d pre election polls result... d IV index crash, so lost some amount ...

thn i bought call and put tht too otm... again after result put becomes zero and call does not moved much so again loss....

bro loss doesn't bother me as i knew its a part of trading but now i wanna learn option trading.
ur help would needed, i would be much obliged to you..

 

[lemondew]

Simply gr8,

Anyone raj or using raj calculator can help pls
Max OI 7000 - 8000 does not indicate much it can go either ways.
Hourly chart breaking down as raj said.
The Global markets are trading near the Support.
How about our daily charts.
Do you see any chart with higher timeframes 2 days or more.
How about nifty futures pivot.

Close the positions with 4 points Loss. The Global markets are trading near the Support in Hourly and Daily charts and it might have an impact on the Indian markets.

Will Enter Again when there is a Clear direction.

Right now going for a Neutral to Positive position. So sold the Pair 7350PE-7800CE @ 133.5

 

[lemondew]

1 more query for you guys. If nifty has to reach 7800 from here on, a movement of 300 points. What you guys think wont banknifty has to reach 16200 from here. Movement of 1200 points to move nifty high.

Thanks

 

[healthraj]

Close the positions with 4 points Loss. The Global markets are trading near the Support in Hourly and Daily charts and it might have an impact on the Indian markets.

Will Enter Again when there is a Clear direction.

Right now going for a Neutral to Positive position. So sold the Pair 7350PE-7800CE @ 133.5

Added 7600CE Longs @ 144

 

[healthraj]

MAX OI @ 7000-8000.
MAX COI @ 7400-8000.

Early morning BO in LTF
In hourly charts the Resistance at 7588. It would be a SELL between 7588 and 7613 SPOT.

 

[healthraj]

Added 7600CE Longs @ 144

Closed 7600CE @ 163

 

[healthraj]

Close the positions with 4 points Loss. The Global markets are trading near the Support in Hourly and Daily charts and it might have an impact on the Indian markets.

Will Enter Again when there is a Clear direction.

Right now going for a Neutral to Positive position. So sold the Pair 7350PE-7800CE @ 133.5

Added 7600CE Longs @ 144

MAX OI @ 7000-8000.
MAX COI @ 7400-8000.

Early morning BO in LTF
In hourly charts the Resistance at 7588. It would be a SELL between 7588 and 7613 SPOT.

Closed 7600CE @ 163

Closed all the above positions with an overall profit of 15 points.

Going for a BEAR Spread. Changed my BIAS to DOWN.

In LTF, after the BO in the morning SELL Triggered.

In Hourly charts, Trading near the Resistance of 7588.

SOLD 7450PE @ 89 and Bought 7500PE @ 105. Overall outflow / risk is 16points. Will Try and Play the downside till 7450. The VOLT of 7450 and 7500PE are same and so it should be VOLT neutral.

 

[parmit]

Closed all the above positions with an overall profit of 15 points.

Going for a BEAR Spread. Changed my BIAS to DOWN.

In LTF, after the BO in the morning SELL Triggered.

In Hourly charts, Trading near the Resistance of 7588.

SOLD 7450PE @ 89 and Bought 7500PE @ 105. Overall outflow / risk is 16points. Will Try and Play the downside till 7450. The VOLT of 7450 and 7500PE are same and so it should be VOLT neutral.

raj bro.

suppose nifty reaches 7450 today thn wht wil be ur total gain in this strategy ???