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 .

healthraj

Well-Known Member
Those who are expecting a BIG Move can also keep a watch on INDIA VIX. Normally before the BIG Move the INDIA VIX will jump by at least 5%. But in the last one week VIX has not moved by more than 2%. So that means there are no BIG positions being created in OTM Calls / Puts. Only when there is a BIG interest in the OTM calls or Puts it indicates a BIG Move...
 

healthraj

Well-Known Member
MAX COI changed from 7600-7800 to 7700-7800 and now at 7800-7800.

Trend Decider Level as per Hourly chart is at 7770 - Staying above is LONG. Below it should be a SELL(Moved from 7758 in the morning).

LTF Resistance 1 @ 7816. HTF R1 @ 7823. HTF Minor Resistance @ 7844.
So the Levels Worked. 7770 worked as Support (Made low of 7773 today).
LTF Resistance 1 @ 7816 met. HTF R1 @ 7823 met. HTF Trend Resistance @ 7844 need to be met for the SELL to be triggered.

MAX COI @ 7800-7800 and indicating Bullish now. If you have been watching the Options Chain, you would have understood how the Reversal Takes place. In the morning it was STRONG BEAR.

Let us see if 7840/50 Met today so that we can take our Puts.

Planning to Buy 7800 Put around 30 - In July Series.

And some 7700/7600 Puts in AUG-14 Series

The NIFTY Futures Can Test 7875 Levels also... So better not to Rush for the SELL.
 
Last edited:

healthraj

Well-Known Member
So the Levels Worked. 7770 worked as Support (Made low of 7773 today).
LTF Resistance 1 @ 7816 met. HTF R1 @ 7823 met. HTF Trend Resistance @ 7844 need to be met for the SELL to be triggered.

MAX COI @ 7800-7800 and indicating Bullish now. If you have been watching the Options Chain, you would have understood how the Reversal Takes place. In the morning it was STRONG BEAR.

Let us see if 7840/50 Met today so that we can take our Puts.

Planning to Buy 7800 Put around 30 - In July Series.

And some 7700/7600 Puts in AUG-14 Series

The NIFTY Futures Can Test 7875 Levels also... So better not to Rush for the SELL.
Bought 7800PE @ 30.5 in JUL-14 Series. 7835 was the High Today. I was expecting 7850. Tomorrow if I get NIFTY around 7850, I will Buy more of 7800 Put. Since this UP Trend has been going for ever, there is still no guarantee for this Put.
But since the PIVOT is at 7700.

Will Take the Puts in AUG-14 Series on tomorrow.

This morning had bought 7800 CE around 40 and Closed the 7800CE today at 63. - 23 points profit
 
MOrning nearly 10 lakh COI in CE
NOw its in PE as 18lakh.....!!!!



till afternoon Total Change in OI
CE 1,613,800
PE 778,250

Now its

Total Change in OI
CE 327,400
PE 1,270,050


How to read this change???
:confused:
 

healthraj

Well-Known Member
MOrning nearly 10 lakh COI in CE
NOw its in PE as 18lakh.....!!!!



till afternoon Total Change in OI
CE 1,613,800
PE 778,250

Now its

Total Change in OI
CE 327,400
PE 1,270,050


How to read this change???
:confused:
To my point of view, since I was consciously looking at the Values, I noticed that in the morning it was indicating a STRONG BEAR. So may be SHORT positions were being created in the morning.

In the afternoon may be Longs were closed and the market went up.

If you see the Options Chain Carefully in the four quadrants, you will see that all four quadrants for the first time in this month are indicating bearishness.

Puts above 7800 : 4L - Positive value - Short build - Bearish
Puts Below 7800 : -5L - Square off - Negative value - Long unwind - Bearish
Calls Above - 7800 : 7.5L - Positive value - Short Build - Bearish
Calls Below - 7800 : -10L - square off - Negative value - Long Unwind - Bearish

And strike wise, 7700, 7600, indicating Bullishness
7800,7900, ... Bearishness.

So my view was that this pattern suggests that it is a Reversal. We will anyway get the confirmation tomorrow morning.
 

healthraj

Well-Known Member
Today by EOD, in NIFTY hourly charts, SELL was not triggered. so there might be another 30 points left.

Tomorrow SELL might be triggered around 7850/60 SPOT, 7875 Futures.

LTF Sell triggered above 7827.
Hourly charts the Minor Trend Resistance is at 7858, R1 @ 7848.

Daily Futures - PIVOT at 7875.

Weekly Futures - R2 @ 7865
Monthly Futures - R2 @ 7852.

Today Futures High was 7839 in JUL-14 Series and 7872 in AUG-14 Series.

The Premium is Futures is only 2.3 in JUL-13 Series.
So it is more or less the Same level for SELLing.

SELL between 7848-68 with a Stop loss of 25 points -
Target as per Hourly charts is
7820 (Minor Trend Pivot),
7782 (Minor Trend Support) - Key Level for the TREND - This is the Major support and so breaking this might give at least 100/150 points.
7742 - Major Pivot,
7636 (S1).
 
Today by EOD, in NIFTY hourly charts, SELL was not triggered. so there might be another 30 points left.

Tomorrow SELL might be triggered around 7850/60 SPOT, 7875 Futures.

LTF Sell triggered above 7827.
Hourly charts the Minor Trend Resistance is at 7858, R1 @ 7848.

Daily Futures - PIVOT at 7875.

Weekly Futures - R2 @ 7865
Monthly Futures - R2 @ 7852.

Today Futures High was 7839 in JUL-14 Series and 7872 in AUG-14 Series.

The Premium is Futures is only 2.3 in JUL-13 Series.
So it is more or less the Same level for SELLing.

SELL between 7848-68 with a Stop loss of 25 points -
Target as per Hourly charts is
7820 (Minor Trend Pivot),
7782 (Minor Trend Support) - Key Level for the TREND - This is the Major support and so breaking this might give at least 100/150 points.
7742 - Major Pivot,
7636 (S1).

raj bro,

ur trend finder, which i have is of axis bank...

also if possible can i hv trend finder with nifty values...

also in ur oat option values are not working, also nifty pivot shown r different which u mentioned this time and earlier...

how to fix these problems plz help
 

healthraj

Well-Known Member
Bought 7800PE @ 30.5 in JUL-14 Series. 7835 was the High Today. I was expecting 7850. Tomorrow if I get NIFTY around 7850, I will Buy more of 7800 Put. Since this UP Trend has been going for ever, there is still no guarantee for this Put.
But since the PIVOT is at 7700.

Will Take the Puts in AUG-14 Series on tomorrow.

This morning had bought 7800 CE around 40 and Closed the 7800CE today at 63. - 23 points profit
Closed 7800 PE @ 40 - 9.5 points profit

Will probably BUY 7850 CE @ 24, IF NIFTY does not break the hourly minor Trend support at 7788.

NIFTY has not hit the Hourly Resistance which is now at 7858.
 

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