NIFTY Options Trading by RAJ

[yan]

There was a Sudden UP move. So closed my Put with 10 points Loss

holding 7600 pe @ 48 (bought )

 

[healthraj]

In LTF, SELL Triggered above 7751. In HTF Trading near the Pivot, which is also the Minor Trend Resistance. If tomorrow moves below 7750, then we might see a Down move again. Otherwise we can See 7807.

 

[Option.Trader]

In LTF, SELL Triggered above 7751. In HTF Trading near the Pivot, which is also the Minor Trend Resistance. If tomorrow moves below 7750, then we might see a Down move again. Otherwise we can See 7807.

Very brave soul who will go short now, maybe at 7850

 

[santhosh2010]

MAX OI in PE shifted..Now 7500 !!!!!!!!!

 

[healthraj]

Away from Trading for some days.

In the month of AUG, have made ~95 points so far. I will be taking a break because I feel I am doing too many trades.

I will be back in couple of Days or a week.

All the best and enjoy the trading.

 

[coolbull]

hi!......

thanks to your strategy......i traded with ur kind of style in nifty and banknifty.....i heged my position with futures......i traded this hedge thrice and made nearabout 175 point combined(nifty and banknifty)

regards
coolbull - raj

 

[timepass]

Away from Trading for some days.

In the month of AUG, have made ~95 points so far. I will be taking a break because I feel I am doing too many trades.

I will be back in couple of Days or a week.

All the best and enjoy the trading.

What about your overnight holdings ? Infy PE, 7600PE etc. ?? Or did you square them off intraday ?

 

[coolbull]

------------ Hats offf to all of you guys ------------

I am trading since very long time......i had bloged and wrote articles on net many times since last 15 years.....but i never posted while trading... t day i tried to post online on some sites, its very tough to do both the task on time, i failed to post on time , i failed to close my position on time or change my strategy on time....... i have seen many people do this ....i dont know how u guys manage.......so hats off to u guys........

---------------- keep up the good work --- all of you -------------

thanks
coolbull - raj

 

[healthraj]

What about your overnight holdings ? Infy PE, 7600PE etc. ?? Or did you square them off intraday ?

7600PE I have already squared with a Loss of 10 points. See post 5491

INFY 3400 PE - I am still holding. I will monitor this trade

 

[abb24]

Dear RAJ,
pl explain how to choose strike price( things to look for selecting strike price) for nifty pair trading.will the strategy profitable irrespective of market direction. Is it necessary to adopt selling the options strategy? At what level/ price should we sell? should I sell at market price for both options or use limit price. Today, I tried yr methodology and used limit price. PE option clicked but not the CE option and suddenly due to bullishness, I landed in loss of 1000Rs. I sold pair of 7800CE+7600PE ( with 122 pts diff together).
Iguess I should have squared up both option together.
Kindly, suggest the closing technique of the trade and level of closing.
Regards,
abb