NIFTY Options Trading by RAJ

[healthraj]

AUG-14-Trade-01

Sold the Pair 7650-7900 for 133.

Reasons : Daily Support at 7625. VIX UP by 4.4%. Most probably the OTM Calls being bought since the market has bottomed out.

 

[parmit]

AUG-14 Trade 1.

Sold the Pair 7650-7900 for 133.

Reasons : Daily Support at 7625. VIX UP by 4.4%. Most probably the OTM Calls being bought since the market has bottomed out.

raj bro,

u once said that we should sell pair where there is MAX COI now its on 7600-8000, then y u sold 7650-7900 pair, why u choose this also the 7650 series ???

 

[healthraj]

raj bro,

u once said that we should sell pair where there is MAX COI now its on 7600-8000, then y u sold 7650-7900 pair, why u choose this also the 7650 series ???

That is true. MAX OI is at 7300-8000. But the total premium is at 33, which is not worth Selling. So I choose to sell a Different pair.

MAX COI is at 7600-7700, which is very close to SELL.

 

[varesh.et]

That is true. MAX OI is at 7300-8000. But the total premium is at 33, which is not worth Selling. So I choose to sell a Different pair.

MAX COI is at 7600-7700, which is very close to SELL.

Hi Raj

Do you see worth buying 7700 CE at this moment as MAX COI is at 7600-7700 market can bounce back to 7700 from here as well as the gap can be filled by the time FII be in the game.

 

[healthraj]

Hi Raj

Do you see worth buying 7700 CE at this moment as MAX COI is at 7600-7700 market can bounce back to 7700 from here as well as the gap can be filled by the time FII be in the game.

Even though NIFTY has bottomed out, Options Data indicates a SELL. So at these unsure times it is better to go for Pair Trading so that one can minimize the Loss if Not profit.

If you want to Buy Call, Buy OTM calls like 7900, 7950 etc.. and not 7700 Calls because if there is a Strong move below 7650, then you are forced to close the positions. Where as if it is 7900, 7950, You can average. Ultimately the market has to make an UP Move...

 

[healthraj]

AUG-14-Trade-01

Sold the Pair 7650-7900 for 133.

Reasons : Daily Support at 7625. VIX UP by 4.4%. Most probably the OTM Calls being bought since the market has bottomed out.

I have also bought equal number of 7300-8000 Pair at 36. I think this month we will have some Strong moves like last year. I normally don't buy the MAX OI Pair. But we have to always take exception if we foresee the VIX going up...

Let us see what happens... in this month. May be it is repeat of AUG-13 on the UP side. AUG-13 made low of 5200. May be AUG-14 will make a HIGH of 8200. So in one year the institutions would have made 3000 points.

 

[varesh.et]

Even though NIFTY has bottomed out, Options Data indicates a SELL. So at these unsure times it is better to go for Pair Trading so that one can minimize the Loss if Not profit.

If you want to Buy Call, Buy OTM calls like 7900, 7950 etc.. and not 7700 Calls because if there is a Strong move below 7650, then you are forced to close the positions. Where as if it is 7900, 7950, You can average. Ultimately the market has to make an UP Move...

Thanks Raj, bought 7950 CE at 27 let's see where it goes.

 

[healthraj]

Current Levels.

I have already posted the charts Yesterday which indicates the Levels.

LTF

BUY Triggered below 7720

S2 @ 7729, S1 @ 7747 (Minor Resistance also at same level - Trend breaker), Pivot @ 7773, R1 @ 7800, R2 @ 7827

HTF

BUY Triggered below 7712.9 (Yesterday made low of 7712.2)

S2 @ 7712, S1 @ 7780 (Minor Resistance also around same level 7795- Trend breaker), Pivot @ 7845, R1 @ 7911, R2 @ 7978


I do not track S3 or R3. So Remember market also can Test S3

In LTF the S3 would be at 25 points from S2 , which would be around 7704. 25 is the Standard deviation / error

In HTF the S3 would be 66 points from S2 which would be 7646.
66 is the standard deviation / error

Note: Since the market is constant motion the Levels would keep changing. So if the market moves say 25 points down, you can calculate the Levels accordingly

As indicated above the Levels got Adjusted after the GAP down opening.

LTF

Pivot = 7722, S1=7676, S2=7634, R1=7762, R2=7804, The Minor Trend Resistance is at 7692, which needs to be broken for an UP Move

HTF
Pivot = 7831, S1=7685, s2=7785, R1=7904, R2=7978, Minor Trend Support=7653, Minor Trend Resistance=7790.

 

[healthraj]

The Ideal place to BUY would be around 7620 NIFTY Futures where the S2 is located. So if we get NIFTY Futures around 7620, then one can BUY for Target of 7900, 8000

 

[healthraj]

As indicated above the Levels got Adjusted after the GAP down opening.

LTF

Pivot = 7722, S1=7676, S2=7634, R1=7762, R2=7804, The Minor Trend Resistance is at 7692, which needs to be broken for an UP Move

HTF
Pivot = 7831, S1=7685, s2=7785, R1=7904, R2=7978, Minor Trend Support=7653, Minor Trend Resistance=7790.

Two Attempts to cross 7692 failed. So may be NIFTY will Test the today's Lows once again