NIFTY Options Trading by RAJ

[healthraj]

8400 pe becomes a better candidate to buy ? Are we here taking a bearish stance Raj ?

If you are bearish, I am saying 8400PE is a better candidate for Naked Long Options.

We don't use Volume to find the Trend.

 

[healthraj]

From a Positional perspective, one can SELL NIFTY Futures between 8490 and 8550 in DEC-14 today or on Monday. In the daily charts, the Resistance is at 8547, Pivot @ 8300 and Support @ 8031. The minor Trend Resistance is at 8490. The minor Trend Support = Major pivot = 8300

Pair Trading : SELL the Pair 8000PE-8550CE @ 125 in DEC-14 Series.
Naked Options : Buy 8500PE or 8400PE or 8300 PE in DEC-14 Series.

 

[lemondew]

Just a little info for you

Buy ATM CE 8400
Sell ATM PE 8400

is same as buy FUTures. The downside is unprotected and u ve unlimited loss at delta =1.

Yesterday Prediction

like tomorrow BuyCE8400@58 and sell PE8400@49 and predict Nifty tomorrow will rise....i already wrote it down...Just a prediction and on paper trade

today at 3:20PM

CE8400@63
PE8400@37

Just a small prediction that it will rally weakly...:clap:Happy today that it work
Prediction+Calculation=Profit but its on paper trade still practising.

Tomorrow Prediction Sell CE8400@59 Buy PE8400@39
it may be range bound or fall...chances to fall before it rallies to 8500

All are on paper Trade......

 

[gmt900]

Just an observation about nifty option pain.

NOV series:
8350 : 6640
8400 : 6397
8450 : 6667
8500 : 7063
Max Pain @ 8400.

DEC series :
7900 : 17700
8000 : 17480
8100 : 17846
8200 : 18345
8300 : 19000
8400 : 19910
8500 : 21000
Max Pain @ 8000.

Is there a way to interprete this or since Dec expiry is far off, Dec figures are not relevant ?

 

[Somatung]

like tomorrow BuyCE8400@58 and sell PE8400@49 and predict Nifty tomorrow will rise....i already wrote it down...Just a prediction and on paper trade

Hi

This what you show now is called a "Long Synthetic future". Lemondew has pointed you in that direction, but did not mention the exact name of what you posted as possible option strategy.

If you are not to familiar with option trading and do only paper trades with options, be warned that such strategies are not with out danger and in general traded from experts who know how to handle such option strategies.

Here how it is implemented the traditional way: http://www.theoptionsguide.com/synthetic-long-stock.aspx The same way as you showed in your post.

If you compare it with your previous trades idea http://www.avasaram.com/docs/strate...onid=F9E8FEB217B7099A642E059892BE5A8A.server1 , you will recognize the increase of risk by just looking at the analyzing picture.

By the way: What about opening your own thread as dear Healthraj has mentioned? I surely will visit you there.

Take care and have a nice weekend / Dan

 

[healthraj]

Latest Daily Futures Chart. SELL should come around 8530 Futures (8538).
MAX OI also confirms a SELL above 8500.

Need to keep an eye on Major Resistance levels also which is at 8630, Which is also the Resistance in Weekly Future Charts.

From a Positional perspective, one can SELL NIFTY Futures between 8490 and 8550 in DEC-14 today or on Monday. In the daily charts, the Resistance is at 8547, Pivot @ 8300 and Support @ 8031. The minor Trend Resistance is at 8490. The minor Trend Support = Major pivot = 8300

Pair Trading : SELL the Pair 8000PE-8550CE @ 125 in DEC-14 Series.
Naked Options : Buy 8500PE or 8400PE or 8300 PE in DEC-14 Series.

Daily Futures Chart for the above post

 

[umash2000]

Just an observation about nifty option pain.

NOV series:
8350 : 6640
8400 : 6397
8450 : 6667
8500 : 7063
Max Pain @ 8400.

DEC series :
7900 : 17700
8000 : 17480
8100 : 17846
8200 : 18345
8300 : 19000
8400 : 19910
8500 : 21000
Max Pain @ 8000.

Is there a way to interprete this or since Dec expiry is far off, Dec figures are not relevant ?

As already indicated previously in this thread,it has been observed that nifty positioned above or below Trend decider( I use Heikin-ashi) indicates the movement of nifty either away or towards Max option pain..

Now,Heikin-ashi decider is at 8444.Max option pain is at 8400.Thus,nifty sustaining above 8444 would result in movement away from Max option point.Breaking of 8444 would result in move towards 8400.

Coming to next series max option pain stationed at 8000,the above would hold good for next series.But have to see how far max option pain would move on upside.Prima facie looks like minimum dip towards 8400/8300 is possible next series..

 

[angira]

Today 24-Nov As Per OptionData

NIFTY :-

Trend Strong BUll

MAX_OI @ 8300/8500
MAX_CHG_OI @ 8500/8600

DEC'series

Trend Strong Bull

MAX_OI @ 7500/8500
MAX_CHG_OI @ 8500/8800

angira..

 

[angira]

Today 25-Dec As Per OptionData

NIFTY:-

Trend Weak Bear

MAX_OI @ 8400/8600
MAX_CHG_OI @ 8400/8500

Dec' Series

Trend Strong Bull

MAX_OI @ 7500/8500
MAX_CHG_OI @ 8500/8800

Raj I've Sold Dec' series pair 7500/8500 at 124. This pair was after available near 100-102 but I've closed the pair, yesterday 8500 ce have made high 164.
Now if Nifty Spot will again move above 8500 then i've to closed this
pair with loss ?

Now this pair trading at 131.

angira...

 

[healthraj]

Daily Futures Chart for the above post

Daily Futures Chart.