NIFTY Options Trading by RAJ

[LivetoTrade]

Raj which site is offering free chart for intraday purposes, google finance is offering but apart from them all other are paid sites

anil

Try GLS or GCI MT4, as of now both are free :thumb:

Just remember GCI will have a 4/5 point difference from actual value.

 

[healthraj]

MAX OI @ 7000-8000
MAX COI @ 7300-8100

In the Lower timeframe, it has been Trending UP from 7495. The Support is at 7620 SPOT, which if holds can take NIFTY Spot to 7648 and 7667.

In the Hourly charts, it is Trading above the Major Trend Resistance ( 7604) and Minor Trend Resistance (7626). As per the Hourly charts it is a SELL above 7626.

In the Daily Futures Chart the Pivot has moved UP to 7661 (from Yesterday's Pivot of 7651). 7661 Futures should act as the Resistance. Made high 0f 7663 today.

My positions are at a loss of 17 points.

 

[parmit]

MAX OI @ 7000-8000
MAX COI @ 7300-8100

In the Lower timeframe, it has been Trending UP from 7495. The Support is at 7620 SPOT, which if holds can take NIFTY Spot to 7648 and 7667.

In the Hourly charts, it is Trading above the Major Trend Resistance ( 7604) and Minor Trend Resistance (7626). As per the Hourly charts it is a SELL above 7626.

In the Daily Futures Chart the Pivot has moved UP to 7661 (from Yesterday's Pivot of 7651). 7661 Futures should act as the Resistance. Made high 0f 7663 today.

My positions are at a loss of 17 points.

raj bro.

how to calculate the time decay of a strike..

i.e suppose 7500 ce = 237
nifty fut = 7647
value prone to time decay = 237-147 = 100
now how to calculate per day time decay
is it like 20 days trading session so = 100/20 = 5 per day (but we know tht time decay is slower in starting and faster near expiry ) so how to calculate ????

 

[umesh12]

Raj which site is offering free chart for intraday purposes, google finance is offering but apart from them all other are paid sites

anil

Try bazaartrend.com charts

 

[santhosh2010]

now MAX COI @ 7600-7800,

 

[healthraj]

raj bro.

how to calculate the time decay of a strike..

i.e suppose 7500 ce = 237
nifty fut = 7647
value prone to time decay = 237-147 = 100
now how to calculate per day time decay
is it like 20 days trading session so = 100/20 = 5 per day (but we know tht time decay is slower in starting and faster near expiry ) so how to calculate ????

First of all there is no time decay for Futures. There is time value only for Options. I think it is called Theta in the Options Greeks.

Theta is function of Underlying price, Strike Price, Interest Rate, Time to Expiry, Dividend and Volatility. Now if the underlying is not moving, the only parameter which would change is the "time to expiry". When we say underlying it is the SPOT and not the Futures.

There are tools to calculate Theta or time decay value. I had provided in my OAT tool also.

 

[parmit]

First of all there is no time decay for Futures. There is time value only for Options. I think it is called Theta in the Options Greeks.

Theta is function of Underlying price, Strike Price, Interest Rate, Time to Expiry, Dividend and Volatility. Now if the underlying is not moving, the only parameter which would change is the "time to expiry". When we say underlying it is the SPOT and not the Futures.

There are tools to calculate Theta or time decay value. I had provided in my OAT tool also.

thanks bro...

plz provide link for ur OAT tool if possible

 

[healthraj]

NIFTY Closed at 7611. The Strategy is at Zero points Gain / Loss.
7750CE-7150PE Closed at 114 - 8 points gain
7600PE Closed @ 140 - Loss of 8 points

NIFTY Futures Made high of 7649.9. Daily Futures Pivot at 7651, which could act as Resistance.

In the hourly charts, SELL is Still active.

Need to watch NIFTY Futures Level 7651 - What happens at 7651 Futures will decide the Next course... Looking at the hourly charts, my bias is still DOWN.

MAX OI @ 7000-8000
MAX COI @ 7300-8100

In the Lower timeframe, it has been Trending UP from 7495. The Support is at 7620 SPOT, which if holds can take NIFTY Spot to 7648 and 7667.

In the Hourly charts, it is Trading above the Major Trend Resistance ( 7604) and Minor Trend Resistance (7626). As per the Hourly charts it is a SELL above 7626.

In the Daily Futures Chart the Pivot has moved UP to 7661 (from Yesterday's Pivot of 7651). 7661 Futures should act as the Resistance. Made high 0f 7663 today.

My positions are at a loss of 17 points.

The positions were not going as per my plan. So just to cut the losses, I had bought 7650CE Yesterday @ 145. So I will Try to close the Calls and take the profit and leave the Rest....

 

[healthraj]

The positions were not going as per my plan. So just to cut the losses, I had bought 7650CE Yesterday @ 145. So I will Try to close the Calls and take the profit and leave the Rest....

Closed 7650CE @ 178.

Closed everything with a Loss of 25 points. The last 5 trades had 4 losses and one gain. The average loss is 15 points. So I will take a Pause and Look for a Right entry.

 

[healthraj]

I took a BEAR Spread....

Bought 7500PE @ 69 and sold 7400PE @ 46 - Net flow or max risk is 23 points.

I will keep adding Long Puts If NIFTY SPOT goes below the following levels 7640, 7585 ...