NIFTY Options Trading by RAJ

[coolbull]

hi!

do you think RBI policy or any such event changes the monthly move of nifty or banknifty????

Do as you wish. All I am saying is that even though NIFTY futures hit the Support 2 @ 7620, there is a Risk of NIFTY making further lows due to BANKNIFTY.

 

[coolbull]

:thumb: Awesome.......

liked your hard work and attitude towards trading......

thanks to show us that ....market has it ways to tempt you......and take your pants off......not just fear/greed counts.........more discipline and money management is needed.....

thanks for such patient intime and good to know about disclosure of your 6 month plan.....please elaborate further if if you can...


thnx

Thanks for your suggestion. My simple answer is that in the last 3 months, I have been consistently making profit in Options. Using Options I am able to manage the Risk using Pairs. I have also started trading naked Calls or Puts recently. But my comfort lies in trading pairs.

If one is trading naked Calls or Puts, In terms "better rewards", I still think Options have a greater rewards than Futures.

I think one has to First conquer Fear and then one can conquer Greed.

Also as per my Trading plan for at least six months, I want to trade with the same instrument (NIFTY Options) and same quantity and consistently make profit. I have 3 more things to complete this rule. I will may be consider trading in Futures and other instruments after 3 months.

 

[Option.Trader]

Ideal to write 7600PE + 7900 CE @ 120 premium? looks like support being formed at 7600 with fibo also indicating the same

 

[healthraj]

AUG-14-Trade-03

SOLD the Pair 7600-8000 for 124.

7600PE Sold at 110. 8000CE Sold at 14.
Taking a strike with Low premium (14) on the Call side since I am expecting the Volatility to increase and so a low premium should not really affect the positions

AUG-14-Trade-03 Status

Pair is trading with 16 points profit. Will try and close it with 20/25 points

 

[healthraj]

AUG-14-Trade-02

NIFTY Made low of 7645. Bought 7900CE @ 32.5

In HTF BUY Triggered below 7659 SPOT.

Averaged the 7900CE to 28. NIFTY Futures Made low of 7613. The support was at 7620. So it is a Confirmation to BUY

AUG-14-Trade-02 Status

Will Try and close this with Minimum profit. Will Take a Naked Option Trade after the RBI Policy. Today in the LTF the Resistance is at 7660/70. Will Try and close this at 7660/70 SPOT.

 

[coolbull]

whats will be the impact of rbi policy on following pairs....in case or huge volatility or huge downfall of say 125 nifty pts or 300-600 pt banknifty

sold pe 1500 pe and 15500 ce....

in case of nifty


7600 pe and 7800 ce

7500 pc and 8000 ce
7600 pe and 7900 ce......


coz in case of nifty pe price on higher side and downfall would create loss in short time......its good for longer period....


your feedback is highly appreciated

AUG-14-Trade-02 Status

Will Try and close this with Minimum profit. Will Take a Naked Option Trade after the RBI Policy. Today in the LTF the Resistance is at 7660/70. Will Try and close this at 7660/70 SPOT.

 

[coolbull]

How do you take monthly view...?......is it always intraday based on pivot ?.....or events.....


do u change ur view based on events( againts ur pivots or charts)???

for this month what is ur view on nifty ...like in past couple of months nifty was bullish on monthly basis???

do u see it trending bullish or bearish or rangebound?......

sorry for so many questions on market time.....i am trading since 20 years....used virtually all kind of indicators.....but always come across new things and love learning it...


thanks

 

[healthraj]

AUG-14-Trade-02

NIFTY Made low of 7645. Bought 7900CE @ 32.5

In HTF BUY Triggered below 7659 SPOT.

Averaged the 7900CE to 28. NIFTY Futures Made low of 7613. The support was at 7620. So it is a Confirmation to BUY

AUG-14-Trade-02 Status

Will Try and close this with Minimum profit. Will Take a Naked Option Trade after the RBI Policy. Today in the LTF the Resistance is at 7660/70. Will Try and close this at 7660/70 SPOT.

Closed 7900CE @ 35 with 7 points.

 

[rajesh_]

I think raj wanted to close becoz market will go down.

whats will be the impact of rbi policy on following pairs....in case or huge volatility or huge downfall of say 125 nifty pts or 300-600 pt banknifty

sold pe 1500 pe and 15500 ce....

in case of nifty


7600 pe and 7800 ce

7500 pc and 8000 ce
7600 pe and 7900 ce......


coz in case of nifty pe price on higher side and downfall would create loss in short time......its good for longer period....


your feedback is highly appreciated

whats will be the impact of rbi policy on following pairs....in case or huge volatility or huge downfall of say 125 nifty pts or 300-600 pt banknifty

sold pe 1500 pe and 15500 ce....

in case of nifty


7600 pe and 7800 ce

7500 pc and 8000 ce
7600 pe and 7900 ce......


coz in case of nifty pe price on higher side and downfall would create loss in short time......its good for longer period....


your feedback is highly appreciated

 

[healthraj]

AUG-14-Trade-03

SOLD the Pair 7600-8000 for 124.

7600PE Sold at 110. 8000CE Sold at 14.
Taking a strike with Low premium (14) on the Call side since I am expecting the Volatility to increase and so a low premium should not really affect the positions

AUG-14-Trade-03 Status

Pair is trading with 16 points profit. Will try and close it with 20/25 points

Closed the Pair 7600-8000 with 27 points.