NIFTY Options Trading by RAJ

[sahnikraj]

Hi Healthraj,Napolean,

Thanks for starting this thread and contributing to this thread.
I have been using ET Markets new app which is just brilliant :
https://play.google.com/store/apps/details?id=com.et.market


Do you happen to know any other app which is better than this,i would like to track live markets updates.

Thanks,
Sahil

 

[soumanag]

Hi Soumanag,

Can you please share the excel of the OI graphs? It is very helpful.

Thanks..!!
Hardik Shah

Hi Hardik,

The file is available at the below address:
h t t p : / / w w w . $ * h a r e d . c o m / f i l e / E E G s N X O i b a / N i f t y _ O I _ a n a l y s i s _M i n i m u m . h t m l

remove all spaces and replace $ with 4 * with s
U need to regularly refresh data to get the current status during trading hours .....
This is inspired by Raj OAT so all credit goes to Raj

 

[hardik229]

Thanks for Sharing..!!

One thing, to refresh the data we have to copy and paste in the "Option Data" worksheet?

Thanks...!!
Hardik Shah

Hi Hardik,

The file is available at the below address:
h t t p : / / w w w . $ * h a r e d . c o m / f i l e / E E G s N X O i b a / N i f t y _ O I _ a n a l y s i s _M i n i m u m . h t m l

remove all spaces and replace $ with 4 * with s
U need to regularly refresh data tus during trading hours .....
This is inspired by Raj OAT so all credit goes to Raj

 

[soumanag]

Thanks for Sharing..!!

One thing, to refresh the data we have to copy and paste in the "Option Data" worksheet?

Thanks...!!
Hardik Shah

No u dont need to copy paste.... just go to data tab and hit refresh all. If u want to auto update, go to connections under data tab, click properties, enable background refresh and then set the minutes interval u want the data to be refreshed then hit ok and save.

 

[hardik229]

Thanks a lot..!!

No u dont need to copy paste.... just go to data tab and hit refresh all. If u want to auto update, go to connections under data tab, click properties, enable background refresh and then set the minutes interval u want the data to be refreshed then hit ok and save.

 

[baludalal]

I am extremely apologetic on my irregular visit here. Pl. Help me with the page no. In which link for OAT software is available?

 

[kcsusha]

Dear Raj Sir,
I just came across this thread and astonished by the simplicity and
clearcut ideas about Options Trade. Hats off to you Sir.
Now I give below some data about March'15 Series for which if you
give some ideas about which pair to trade, which strike price you should
do positional or swing trade and which Naked CE or PE you should do so that
my understanding will become more clear.

Max OI ( CE ) Max OI ( PE )
9000 CE 8500 PE
Max-Chg-OI(+) Max-Chg-OI(+)
8700 CE 8300 PE
Max-Chg-OI(-) Max-Chg-OI(-)
9200 CE 8700 PE

 

[kcsusha]

Dear Raj Sir,
If you see the definition of Max Pain Theory, it is the point at which Maximum option buyers will be losers whether it is CE or PE. Now the Max OI is in 9500 CE and 8200 PE.
Which means that there are max sellers at 9500 CE and 8200 PE ( also there are
corresponding buyers at these levels ) But option buyers are always the losers.
Noe Nifty Spot is at 8648. Now how to judge whether Nifty will move towards 8200 or 9500?

 

[healthraj]

Dear Raj Sir,
If you see the definition of Max Pain Theory, it is the point at which Maximum option buyers will be losers whether it is CE or PE. Now the Max OI is in 9500 CE and 8200 PE.
Which means that there are max sellers at 9500 CE and 8200 PE ( also there are
corresponding buyers at these levels ) But option buyers are always the losers.
Noe Nifty Spot is at 8648. Now how to judge whether Nifty will move towards 8200 or 9500?

MAX OI is 8500 - 9000 and not 8200-9500. May be you are looking at April Series i Suppose. From April Series we cannot take any decision now.

From Options perspective, If you see more positions on the PE side then you can assume that PEs are being sold and so you can go for 9000. Or Vice versa... Right now Bears have an upper hand till 8500 is Tested.

 

[kcsusha]

March15 Series
Max OI---8500-9000
Max-Chn-OI-8500-8800