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 .
Max COI @ 8900 8 lacs and market stands now near 8900. Intraday basis, it is a buy long as per Raj method.
MAX OI is still 8500 / 9000, but MAX COI is 8900 / 9200. Average makes it to 8900 and market is around 8900 only. All the logics are working but only confusion is created by 9000 call /put COI , wherein pe is more than ce. Although 8950 is bearish. 9000 is bullish.

What inference can be drawn here Raj ?
 

soumanag

Well-Known Member
http://www. 4shared. com/file/kD8cXtOSce/RAJ_OAT_OptionsChain_Analyzer_.html

Have to tell you that this is an old file. Now it doesnt link to nse servers as nse server address may have changed.
For basic option analysis u dont need all the connections. Go to data & connection and remove all but connection 1 & 3.
I have done the same and it gives excellent results for Nifty option analysis :) thanks to Raj :)
 

soumanag

Well-Known Member
http://www. 4shared. com/file/kD8cXtOSce/RAJ_OAT_OptionsChain_Analyzer_.html

Have to tell you that this is an old file. Now it doesnt link to nse servers as nse server address may have changed.
You may try getting rid of all the connections excepting 1 & 3. the basic option analysis runs fine with just these two connections.
 

healthraj

Well-Known Member
MAX OI is still 8500 / 9000, but MAX COI is 8900 / 9200. Average makes it to 8900 and market is around 8900 only. All the logics are working but only confusion is created by 9000 call /put COI , wherein pe is more than ce. Although 8950 is bearish. 9000 is bullish.

What inference can be drawn here Raj ?
First of all MAX OI is at 8500-9000. So 9000 should act as the Resistance.
To move beyond 9000, one should expect some OI buildup near 9000, which will not happen over night.

So Around 9000 one should SELL (Close Long) as long as the MAX OI CE remains at 9000.
 
Last edited:

healthraj

Well-Known Member
NIFTY Playing for the budget on 28-Feb-15



Daily Futures Range 8461-8699-8822-9086-9184.

Hourly SPOT Range - 8700-8732-8861-8856-9023

Weekly Futures Range - 8553-8558-8981-9148-9408

The INDIAVIX Range is 18 to 24. It is now at 21.

So what could be the Strategy in Options ?

The MAR-15 Series options is already trading at high Premiums.

So I think we can expect the Premiums to come down during the Budget day and then the Buying might come in... So look for the INDIAVIX to go to levels of 18, Where one can BUY options.

At the current levels, using the Weekly chart, One can sell the Pair 8550 PE-9400 CE for 120.

Ideally it would be a Good buy at 8500 and at around 9400, it is a SELL.
In the Hourly VIX chart, seems to be bottoming out at 15.7 and moving to 18 or 20.
Those who sold the Pair 8550 PE - 9400 CE @ 120 Can close the Pair at 43 with 77 points.

Those who understand Options will understand the power of Volatility as an important parameter and will know when to Buy and When to SELL.
 

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