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 .

Relish

Well-Known Member
hi friends

tel me that this indicating


thanks
If you asking about 8800CE & 9000PE then generally it should be like CE must be upper level than PE which indicates boundary for intraday... So we can decide upper boundry & lower boundry....

But in this case 8800ce is less than 9000Pe;;; as I understand short covering happening & we can expect more upside than downside......
 

healthraj

Well-Known Member
Hi All,

In the OAT tool, the FIBO section shows the intraday calls and the levels. But I am unable to see any "Positional calls" next to it.
I am observing it for a month but no positional calls are seen. Anything wrong with the tool or the setting?

Regards,
Ashwini
As per the positional logic which I had put in the tool, it looks for a Range of 4.5-5%% from MAX Pain.
In JAN-15 Series, the MAX Pain is at 8800. So a Buy would be triggered at ~8400 and SELL would be triggered at ~9200.

If you know Excel, you can check the logic in the "SOData" sheet. Look for "Fibonacci Retracements - POSITIONAL Trade"
 

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