NIFTY Options Trading by RAJ

[VJAY]

Dear Raj,
Please include positions in your OI mini file...

 

[soumanag]

NIFTY continues to be bullish with 8500 emerging as a new support.
In the money calls (8400,8500,8650 & 8700) got squared off in the morning.
8700 saw substantial PUt addition so might act as days support.
Might continue bull run till next week, till results come out.
If like previous two days, FII remain buyers then it would go up further. European markets open flat to -ve so need to see how they react
Reduction in 8700 PUT COI (11.3 L at present) will be bearish
Further in the money call unwinding will be bullish
8800 where there is substantial call OI, may act as resistance in short term,
Max COI remains at 9000.
MP @ 8600

 

[Riskyman]

Dear Raj,
Is OI (old) and OI mini totally diferent for trend ident?

OI mini

OI (old)

Agree with you after I just compared both the files. Something wrong with the Mini OAT maybe. Lets wait for Raj to clarify.

 

[badarivt]

A million billion thanks to Raj. Today, bought several times at 8700 with confidence only because of his thread. Could feel the long unwind. God bless and best wishes

 

[soumanag]

NIFTY continues to be bullish with 8500 emerging as a new support.
In the money calls (8400,8500,8650 & 8700) got squared off in the morning.
8700 saw substantial PUt addition so might act as days support.
Might continue bull run till next week, till results come out.
If like previous two days, FII remain buyers then it would go up further. European markets open flat to -ve so need to see how they react
Reduction in 8700 PUT COI (11.3 L at present) will be bearish
Further in the money call unwinding will be bullish
8800 where there is substantial call OI, may act as resistance in short term,
Max COI remains at 9000.
MP @ 8600

Think market lost some steam; saw 8700 PUT COI coming down from more than 12.5 L to 11L. Dont think FIIs were buying today. The thing that saved a fall was Call unwinds at 8700 which increased by the end of the day. Might be a flat session tomorrow depending on DOW movement.

 

[soumanag]

A million billion thanks to Raj. Today, bought several times at 8700 with confidence only because of his thread. Could feel the long unwind. God bless and best wishes

Hi,

Do you use OAT for Futures trade? What are the results? Can you share pls

 

[badarivt]

Did not use the OAT yet. But I have read through the entire thread, every post. Would be glad if market is flat. Am using Linkon7's strategy. Learning new things. Cheers

 

[healthraj]

Dear Raj,
Is OI (old) and OI mini totally diferent for trend ident?

Agree with you after I just compared both the files. Something wrong with the Mini OAT maybe. Lets wait for Raj to clarify.

I will look into this. I also observed that the Trend is showing as Bearish, when NIFTY has moved ~350 points.

 

[healthraj]

RAJ OAT Mini Version 3

Please find below the link for the version 3 of Mini OAT

http://wwwXXX4sharedXXXcom/file/zNHn7LKmce/RAJ_OAT_OptionsChain_Analyzer_.html  -- Replace XXX with Dot(.)

Changes made
Updated the logic to calculate the Trend - Instead of OI and COI I had used Volume. Now the overall trend is the Average of the Trend of OI and COI.

Also included the Options to Track the Option Positions

 

[hardik229]

Hi Raj,

I am having a query. Regarding pair trading for 120. One pair should be of 30 and one should be of 90. My understanding is if we are in Bull then CE should be of 30 and PE should be around 90.

This is not an Intraday trading. This is a positional trading. This is my understanding. If so, Trend (Bull / Bear) should be considered as Monthly / Weekly / Intraday?

Because many of the cases, Monthly shows as Bull, but Weekly & Intraday shows as Bear or vice versa.

I hope you understand my query and due to that I am not able to make decision on the trading.

Thanks a ton..!!
Hardik Shah