NIFTY Options Trading by RAJ

[badarivt]

7800PE has seen NO change in OI whereas 8000CE has seen significant increase in COI. Possibly, news about DLF has spooked the market

 

[trade2good]

7800PE should see some writing by EOD

 

[singlap]

Banknifty OI AV is 15500 , COI avg is 15850

So we should sell if it touches 15850 may be to get overall avg 15675.

Your views Raj ?

 

[healthraj]

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

Banknifty OI AV is 15500 , COI avg is 15850

So we should sell if it touches 15850 may be to get overall avg 15675.

Your views Raj ?

Buy came around 15550/600 when COI was at 15000-16200.
Now at ~15800.

So if you have bought around 15600, Should be booking around 15850/800.

 

[singlap]

7600 COI is increasing pretty fast, which would mean avg COI will become 7800 and seeing global cues, 7800 seems to be a real possibility. Can it go to those levels today Raj?

 

[badarivt]

If we take COI weighted average of 7800PE and 8000CE, we get 7940. Let us see if this is the closing price today

 

[singlap]

Max COI has now become 7700 & 8000 from 7800/8000. Since gap has increased , can we say it will be now rangebound may be from 7850 - 7925

 

[bunti_k23]

thank you healthraj for all the tools :thumb:

 

[rajesh_]

Re: Re: NIFTY Options Trading by RAJ

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[singlap]

I have been closely monitoring these methods of COI & OI as developed by raj from last three trading sessions and they really have worked very well. Thanks Raj for explaining these methods.
Tried to test it for last month . Just one day before expiry , MAX OI on pe side was 8000 and ce side was 8100. Max COI on pe side was 8100 and ce side was 8000. Very confusing data. If we average it, it comes to somewhere 8100 but still we saw markets expiring at 7911.
Does this mean that there is some more dimensions to these methods or
they should not be used for expiry or
may be last month expiry in itself was odd one out surprising everybody ?