NIFTY Options Trading by RAJ
- Thread starter healthraj
- Start date
- Tags nifty options chain raj oat
24-Jul-13 Option analysis
9:30 AM : Early morning PEs are getting squared Off. Yesterday it was Calls. Today it would be the day for Puts.
The MAX Pain is still at 6000.
MAX CHG in OI - 5800-6000 - Favouring Bears
MAX OI - 5900-6200 - Favouring Bulls
Total CHG in OI indicates a SELL.
Today we might not get a 60 point range. Pivot is at 6070 - Next support is at 6040. So sell near 6070 and if 6040 breaks could give another 20-25 points.
One day before the Expiry do not expect any big move. The market makers would be busy rounding off their positions.
Those who are doing Options trading avoid Longs on CE or PE. If you feel market is bearish then SELL the Calls. If bullish SELL the Puts.
For Pair Trading. Same pair 6000CE-600PE. The Volatility is UP and so it should be good to SELL with higher premium. Sell the pair if you get around 80-85
9:30 AM : Early morning PEs are getting squared Off. Yesterday it was Calls. Today it would be the day for Puts.
The MAX Pain is still at 6000.
MAX CHG in OI - 5800-6000 - Favouring Bears
MAX OI - 5900-6200 - Favouring Bulls
Total CHG in OI indicates a SELL.
Today we might not get a 60 point range. Pivot is at 6070 - Next support is at 6040. So sell near 6070 and if 6040 breaks could give another 20-25 points.
One day before the Expiry do not expect any big move. The market makers would be busy rounding off their positions.
Those who are doing Options trading avoid Longs on CE or PE. If you feel market is bearish then SELL the Calls. If bullish SELL the Puts.
For Pair Trading. Same pair 6000CE-600PE. The Volatility is UP and so it should be good to SELL with higher premium. Sell the pair if you get around 80-85
24-Jul-13 Option analysis
9:30 AM : Early morning PEs are getting squared Off. Yesterday it was Calls. Today it would be the day for Puts.
The MAX Pain is still at 6000.
MAX CHG in OI - 5800-6000 - Favouring Bears
MAX OI - 5900-6200 - Favouring Bulls
Total CHG in OI indicates a SELL.
Today we might not get a 60 point range. Pivot is at 6070 - Next support is at 6040. So sell near 6070 and if 6040 breaks could give another 20-25 points.
One day before the Expiry do not expect any big move. The market makers would be busy rounding off their positions.
Those who are doing Options trading avoid Longs on CE or PE. If you feel market is bearish then SELL the Calls. If bullish SELL the Puts.
For Pair Trading. Same pair 6000CE-600PE. The Volatility is UP and so it should be good to SELL with higher premium. Sell the pair if you get around 80-85
10:00 AM
MAX CGH in OI at 6000PE-6000CE pair and the pain started for those holding Long positions in 6000PE or 6000CE.
9:30 AM : Early morning PEs are getting squared Off. Yesterday it was Calls. Today it would be the day for Puts.
The MAX Pain is still at 6000.
MAX CHG in OI - 5800-6000 - Favouring Bears
MAX OI - 5900-6200 - Favouring Bulls
Total CHG in OI indicates a SELL.
Today we might not get a 60 point range. Pivot is at 6070 - Next support is at 6040. So sell near 6070 and if 6040 breaks could give another 20-25 points.
One day before the Expiry do not expect any big move. The market makers would be busy rounding off their positions.
Those who are doing Options trading avoid Longs on CE or PE. If you feel market is bearish then SELL the Calls. If bullish SELL the Puts.
For Pair Trading. Same pair 6000CE-600PE. The Volatility is UP and so it should be good to SELL with higher premium. Sell the pair if you get around 80-85
10:00 AM
MAX CGH in OI at 6000PE-6000CE pair and the pain started for those holding Long positions in 6000PE or 6000CE.
In the August Series : MAX CHG in OI at 5900-6500 Pair. So may be market would Try and touch Highs... All depends on what is the Low after touching 6100. In July Series 500 points made by the Big Instituitions from 5600-6100.
Now in August Series another 500 points may be there. For that we have to find the low. If market touches 5800, then it would be ideal.
Anyway for those who want to make an early start in August Series - Try and sell the pair 5800Pe-6200CE or 5900PE-6300CE Pair , which are available at 95+. Right now we don't know whether market head south or North so we can use the moment to SELL.
Now in August Series another 500 points may be there. For that we have to find the low. If market touches 5800, then it would be ideal.
Anyway for those who want to make an early start in August Series - Try and sell the pair 5800Pe-6200CE or 5900PE-6300CE Pair , which are available at 95+. Right now we don't know whether market head south or North so we can use the moment to SELL.
One Important Observation which is to do with Psych or our mind.
This is an important observation I have made. Some people or most of the people, especially the Intraday traders make (quick and Fast and Huge) money when the market goes down. In other words they are good at Selling. It is also because when the market goes down it goes down like a Rocket. When the market goes UP, most of the time either there is a GAP UP or it goes like a Snail. And the Intraday traders that I am talking about do not have the patience to wait in the Bull market and whatever Quick Money they made in the Bear market, they loose all the money and their capital in the Bull market. In summary it is do with their mind. Their hands will be always itching to SELL, SELL, SELL... This is a very big problem...
So how to overcome this psychological problem ?
One of Simple suggestion. Instead of Going Long and loosing the money because you do not have the patience to hold your Long positions. Next time when the market is going UP, Try the Pair trading (In the pair trading you have to SELL the pair) or If you are adamant on that you want to trade naked, Then Sell the PUT. This way you will always be selling and your mind is happy that you have sold
This is an important observation I have made. Some people or most of the people, especially the Intraday traders make (quick and Fast and Huge) money when the market goes down. In other words they are good at Selling. It is also because when the market goes down it goes down like a Rocket. When the market goes UP, most of the time either there is a GAP UP or it goes like a Snail. And the Intraday traders that I am talking about do not have the patience to wait in the Bull market and whatever Quick Money they made in the Bear market, they loose all the money and their capital in the Bull market. In summary it is do with their mind. Their hands will be always itching to SELL, SELL, SELL... This is a very big problem...
So how to overcome this psychological problem ?
One of Simple suggestion. Instead of Going Long and loosing the money because you do not have the patience to hold your Long positions. Next time when the market is going UP, Try the Pair trading (In the pair trading you have to SELL the pair) or If you are adamant on that you want to trade naked, Then Sell the PUT. This way you will always be selling and your mind is happy that you have sold
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