NIFTY Options Trading by RAJ

[timepass]

BNF please..

MAX OI @ 8300-8500. Changed from 8100-8500 to 8300-8500. So it is a bullish signal.

MAX COI is at 8400-8300. When the CE Strike is less than the PE Strike, it normally indicates a Reversal or Strong move.

As per HTF, the Resistance is at 8530 SPOT.

As per Daily Futures Chart, the Resistance is at 8550 Futures.

So Around 8550 Futures, if the MAX OI @ CE remains at 8500, then one can Try selling the pair 8300-8500. With the current VOLT ~15%, one should get 8500CE @ 110 and 8300PE @ 10. So Totally the price should be 120.

If NIFTY Moves to 8400 from 8530, the Total premium should become 80, with a profit of 40 points.

So keep a watch on 8530 SPOT and trade accordingly.

 

[soumanag]

you are right it should not be allowed to degenerate.
If you feel that, what i told was not worth thinking...pls tell me.
But my question either to souma or to Raj...It is just straight . Where is it lacking dignity. But still if you feel its lacking..pls tel me i wil take back my words.:thumb:

Hi,

This is the last post on this matter. I had to reply since you said that the question was intended for me also.
I want to go back to discussion regarding market & NIFTY movement not whether the system works.

THIS THREAD IS NOT ABOUT TRADING NAKED OPTIONS. I DO NOT TRADE IN NAKED OPTIONS SINCE I FEEL IT IS LIKE PLAYING RUSSIAN ROULETTE WITH A FULLY LOADED GUN .
I learnt to trade short straddle via this thread which gave me 12 - 15% return with a high success rate.
Recently I am trying to combine the option analysis with other support - resistance indicators to trade NIFTY FUT. However my basic analysis is based on fundamentals discussed in this thread.
Please refer to the below trade report dump from my broker. I have added last two columns, was too lazy to calculate return. Please consider another 20 pt return ( buy 8418.05 sell 8438.65) which was my mornings trade and not reflected in the statement. All trades are on one lot and only the last one on the list was positional

Finally this is a strategy under development and is not full proof since it does not give any stop-loss which makes it very risky compared to the short straddle strategy suggested by Raj

 

[healthraj]

BNF

MAX OI @ 17500-18500. MAX COI @ 18000-20000. Looking at COI Average we can expect BANKNIFTY @ 19000.

As per Options Chain data the TREND is UP.

As per HTF, the Resistance is at 18790 SPOT.

As per Daily Futures Chart, the Resistance is at 19393 Futures.

Look for a BO @ 18625 SPOT for a STRONG UP Move, Since the LTF resistance is at 18625 SPOT

 

[VJAY]

Hi,

This is the last post on this matter. I had to reply since you said that the question was intended for me also.
I want to go back to discussion regarding market & NIFTY movement not whether the system works.

THIS THREAD IS NOT ABOUT TRADING NAKED OPTIONS. I DO NOT TRADE IN NAKED OPTIONS SINCE I FEEL IT IS LIKE PLAYING RUSSIAN ROULETTE WITH A FULLY LOADED GUN .
I learnt to trade short straddle via this thread which gave me 12 - 15% return with a high success rate.
Recently I am trying to combine the option analysis with other support - resistance indicators to trade NIFTY FUT. However my basic analysis is based on fundamentals discussed in this thread.
Please refer to the below trade report dump from my broker. I have added last two columns, was too lazy to calculate return. Please consider another 20 pt return ( buy 8418.05 sell 8438.65) which was my mornings trade and not reflected in the statement. All trades are on one lot and only the last one on the list was positional

Finally this is a strategy under development and is not full proof since it does not give any stop-loss which makes it very risky compared to the short straddle strategy suggested by Raj

Dear soumanag,
No need to post trades /CN for any evidence...we not trade here for others
sharing knowledge only ...if one need to learn from it only he can done by hardworking to test it live or backtest...

 

[healthraj]

MAX OI @ 8300-8500. Changed from 8100-8500 to 8300-8500. So it is a bullish signal.

MAX COI is at 8400-8300. When the CE Strike is less than the PE Strike, it normally indicates a Reversal or Strong move.

As per HTF, the Resistance is at 8530 SPOT.

As per Daily Futures Chart, the Resistance is at 8550 Futures.

So Around 8550 Futures, if the MAX OI @ CE remains at 8500, then one can Try selling the pair 8300-8500. With the current VOLT ~15%, one should get 8500CE @ 110 and 8300PE @ 10. So Totally the price should be 120.

If NIFTY Moves to 8400 from 8530, the Total premium should become 80, with a profit of 40 points.

So keep a watch on 8530 SPOT and trade accordingly.

The LTF Resistance is at 8450 SPOT. So keep an eye on it. If there is no BO at 8450 then it might test once again 8370.

 

[soumanag]

Dear soumanag,
No need to post trades /CN for any evidence...we not trade here for others
sharing knowledge only ...if one need to learn from it only he can done by hardworking to test it live or backtest...

Hi VJAY,

Did not intend to post but this was going on for quite a long time. Wanted to end it and get on with the main theme of this thread consider this as my test result and expression of gratitude for all the senior members for helping me to stop bleeding money out of my trading account.

 

[healthraj]

Dear soumanag,
No need to post trades /CN for any evidence...we not trade here for others
sharing knowledge only ...if one need to learn from it only he can done by hardworking to test it live or backtest...

I was about to tell the same thing. There is no need to prove anything to anybody. For example I once attended a 2 day course conducted by ICICIDirect. Nobody ever dared to ask the instructor on how much did he make in the market. When something is given free our people always question whether it is good. For us Free is not good. As adults, Beyond a certain point in life, we all have some kind of sixth sense to pick the right thing and to throw away what is not useful to us.

 

[healthraj]

BNF

MAX OI @ 17500-18500. MAX COI @ 18000-20000. Looking at COI Average we can expect BANKNIFTY @ 19000.

As per Options Chain data the TREND is UP.

As per HTF, the Resistance is at 18790 SPOT.

As per Daily Futures Chart, the Resistance is at 19393 Futures.

Look for a BO @ 18625 SPOT for a STRONG UP Move, Since the LTF resistance is at 18625 SPOT

MAX OI has changed to 17500-19000, Which confirms that 19000 could be the Target.

COI changed to 18000-18000, possibly signaling a BO. Meaning people are selling 18000PE and Buying 18000CE.

 

[mohan.sic]

I will leave this discussion here since Mohan.Sic is first of all not using OAT.

My argument is this : People who do not fully understand Options Analysis cannot jump in and make motherhood statements.

If someone has an alternative idea or a solution, I am open for discussion. Otherwise please do not waste my time. Also please do not get into questions like Does OAT really work? What is the Success rate of OAT?

The Answer to that question varies for different people. I have just shared what I am using. If you like it you use it. If you have doubts on how to use it, I can explain. But if you are here to tell me that OAT is useless, then you can better avoid this thread.

Raj,

Its clear you have no answers. Carry on..

 

[mohan.sic]

The point is you do not ask any straight questions. In a public forum you will have to always apply diplomacy. We can only ask straight questions to our dear ones.

Diplomacy & markets. :lol: