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
NIFTY MAX COI at 7700-8000 with Pivot at 7850.
So 7850 should be the First Target to close the Shorts.

The average of MAX OI and COI at 7925. So a Bounce from 7850 might Test 7925 once again. But if COI and OI remains at these levels, any bounce to around 7925 should be used to SELL, since NIFTY might close around 7850 today.

As per the HTF, Resistance at 7970, Support at 7770 and Pivot at 7870.
 
-12L @ CE is Less than 7L @ PE - So it is a BUY At 7900 - Bullish

Raj, didn't we say that we need to take the absolute value, absolute value of 12 L is more than 7L - should be bearish.

But if we are not taking absolute value, it becomes bullish.

Please correct my understanding.
 

healthraj

Well-Known Member
-12L @ CE is Less than 7L @ PE - So it is a BUY At 7900 - Bullish

Raj, didn't we say that we need to take the absolute value, absolute value of 12 L is more than 7L - should be bearish.

But if we are not taking absolute value, it becomes bullish.

Please correct my understanding.
When we consider the Values for the MAX OI or COI it is absolute values.

But after that it is just a comparison. Moreover a Negative number denotes square off or/and a Reversal.
 
So , when we are comparing for any strike price to know whether it is bullish or bearish, we need not see absolute value but we need to see in real value which is higher.

Is it right now Raj ? so in -12 L & 7 L comparison, obviously 7L is higher and since it is on put side, it is a bullish signal.
 

healthraj

Well-Known Member
3400-4000 Pair trading at 41 - A gain of 14 points

MAX OI and COI at 3700-4000 with Pivot at 3850. If it moves beyond 3850 then it can goto 4000. Otherwise if it touches 3700 it is a BUY

In the hourly charts the Resistance is at 3875. I think it is better to wait for confirmation on the down move to SELL.
As per the LTF and HTF charts the Resistance has moved 3950. So as told above it is better to wait till 3950 to SELL.
 

bunti_k23

Well-Known Member
Can anyone share the link of healthraj excel tool....
 

healthraj

Well-Known Member
NIFTY MAX COI at 7700-8000 with Pivot at 7850.
So 7850 should be the First Target to close the Shorts.

The average of MAX OI and COI at 7925. So a Bounce from 7850 might Test 7925 once again. But if COI and OI remains at these levels, any bounce to around 7925 should be used to SELL, since NIFTY might close around 7850 today.

As per the HTF, Resistance at 7970, Support at 7770 and Pivot at 7870.
The COI is the same for the past 3 hours. So at 7925 / 35 one should get another opportunity to SELL
 

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