NIFTY Options Trading by RAJ

[healthraj]

NIFTY
MAX COI @ 7800-8000.
Is 200 points to be taken as Trending or Range bound. Let us assume that it is a Range bound market with the current COI of 200 points.

So one part of the Range would be
Average of COI + OI = 7950
Other part of the Range would be Average of COI 7900.

So the Range for the day would be 7900-7950. Since the Range is less than 1%, you can may be add 20/25 points up and down. So the Range could be 7875/70-7975/70.

BANKNIFTY
COI @ 15600-16200 OI -15000-16000
Range bound - Range is 15700-15900

Let us see if it works for today

 

[healthraj]

Raj, can you please guide on Apollo tyres. Max OI is 220 and its trading @ 227. Is is a sell ?

Please post your view

 

[healthraj]

Raj, can you please guide on Apollo tyres. Max OI is 220 and its trading @ 227. Is is a sell ?

Applying the same Options Chain rule The Range for Appollo Tyre for today would be 220-230

 

[healthraj]

1) Max Pain shifted to 7900 from previous 7950 -> down signal.
2) Max CoI is 7800-8000 (where 8000>7800 shows downwards, but PE7800 also has Max OI, so over all trend IS neutral).
3) Average from CoI up till now is 7900 = Max Pain = NF Future -> Indicates a range Bound day.
Its a Range Bound day (+/- 25). Am I right Rajsir?

MAX Pain still at 7950. With OI at 7800-8200, MAX Pain should be at 8000. MAX Pain at 7950 may be gives an indication that the Range might be changed. There are so many possibilities. One possibility is 7800-8100 so that the MAX Pain is at 7950. The other possibility is 7700-8200. Whatever may be maxpain, it is too early to play with the MAX Pain.

Yes as per the COI it seems to be Range bound.

 

[singlap]

Apollo tyres
MAx OI average 200+220 /2 = 210
MAX COI avg = 230 ( 220 & 240)
Avg coi & oi = 220

From options data, it is bullish @ 220 but bearish from 230 onwards.

Can be sell at 227 for 220 on intraday basis & may be 210 on long term basis.

 

[badarivt]

Between 9.50 AM and 10.25 AM, 8000CE COI went up from 488,250 to 645,100 and 7800 PE went down from 236,300 to 212,200. As Raj said, it is too early to conclude anything from this data. Possibly, it is bearish today

 

[healthraj]

RELIANCE Reacting to Results today

COI @ 980-960 OI 940-1000
Reliance normally goes down on the Result day, whatever may be the result.
As per COI it seems to be onesided (SELL) with a Range 960-980. 960CE having a BIG Square off, which indicates 960 might be broken today. So those who sold at 980 Can wait for 960 and based on the Reaction at 960 Can look for 940/920. Safe traders should book at 960

 

[healthraj]

NIFTY
MAX COI @ 7800-8000.
Is 200 points to be taken as Trending or Range bound. Let us assume that it is a Range bound market with the current COI of 200 points.

So one part of the Range would be
Average of COI + OI = 7950
Other part of the Range would be Average of COI 7900.

So the Range for the day would be 7900-7950. Since the Range is less than 1%, you can may be add 20/25 points up and down. So the Range could be 7875/70-7975/70.

BANKNIFTY
COI @ 15600-16200 OI -15000-16000
Range bound - Range is 15700-15900

Let us see if it works for today

BANKNIFTY Latest Range is 15850-15675. So wait for 15675.
Support Changed to 15550/600 with COI changing to 15000-16200

 

[healthraj]

NIFTY
MAX COI @ 7800-8000.
Is 200 points to be taken as Trending or Range bound. Let us assume that it is a Range bound market with the current COI of 200 points.

So one part of the Range would be
Average of COI + OI = 7950
Other part of the Range would be Average of COI 7900.

So the Range for the day would be 7900-7950. Since the Range is less than 1%, you can may be add 20/25 points up and down. So the Range could be 7875/70-7975/70.

BANKNIFTY
COI @ 15600-16200 OI -15000-16000
Range bound - Range is 15700-15900

Let us see if it works for today

NIFTY Definitely not going as per the above and so may one should look for 7800 to Buy

 

[Kuchel]

Its better explain more