NIFTY Options Trading by RAJ

[Option.Trader]

There are two major problems in this approach.

1. The market is too explosive now to sell a pair. (But, you hv ur SL in place.)
2. From Risk perspective, Selling legs at intervals removes the edge from pair trading.

I agree, speculating at best time to sell individual leg throws entire pair trading upside down. The problem is seeing the screen makes us twitchy to do something. We need to have a system and execute accordingly

 

[healthraj]

Sold the Pair 5700-5900 Pair for 164.55 when the Market was around 5720..
So if you trying the pair. First sell the 5700PE for a higer price and then sell the 5900CE.

25 point in 10 minutes. Closing 50% of the pair

Closed Rest of the positions in 5700-5900 Pair because the Prices are going up Above 5800.

On an average made 23 points.

 

[healthraj]

There are two major problems in this approach.

1. The market is too explosive now to sell a pair. (But, you hv ur SL in place.)
2. From Risk perspective, Selling legs at intervals removes the edge from pair trading.

I agree, speculating at best time to sell individual leg throws entire pair trading upside down. The problem is seeing the screen makes us twitchy to do something. We need to have a system and execute accordingly

I agree that there is a risk involved. But when it comes to Selling, you have to SELL High and the price will be high only when the VOLT is High. Without that you cannot make profit in SELLing pair.

When It comes to Going Long may be I agree we have to wait for it to settle a bit.

So those who want to play Credit (Selling) spreads, Sell when the VOLT is high.

 

[rohaan]

Still m not getting latest data in Raj OAT option chain analyzer..........getting error like :"compile error in hidden module:modStock"............plz help

 

[jamit_05]

5300 PE were sold somewhat recklessly. Has COI > 2*COI of Any other

Means, strong case in favour of bulls.

 

[rohaan]

5300 PE were sold somewhat recklessly. Has COI > 2*COI of Any other

Means, strong case in favour of bulls.

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Can u plz help me to run Raj OAT option chain analyser?

 

[jamit_05]

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Can u plz help me to run Raj OAT option chain analyser?

Am not an expert. Raj OT are best people to guide you.

 

[Relish]

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Can u plz help me to run Raj OAT option chain analyser?

Put all tool related question in following thread: http://www.traderji.com/advanced-tr...s-winning-20-trade-nifty-futures-bac-236.html

This thread is only for option trading.
Thank's

 

[healthraj]

With today kind of movement, Whatever system you have I think it would be very difficult. Unfortunately/Fortunately today was one of the best day to make some quick money.

Anyways those who want to Try the Pair trading can trade the 5700-6000 Pair - Reason the Whole world is Green. With the kind of movement we have today, we might have a GAP UP tomorrow.

I sold the Pair 5700-6000 for 123.

 

[healthraj]

With today kind of movement, Whatever system you have I think it would be very difficult. Unfortunately/Fortunately today was one of the best day to make some quick money.

Anyways those who want to Try the Pair trading can trade the 5700-6000 Pair - Reason the Whole world is Green. With the kind of movement we have today, we might have a GAP UP tomorrow.

I sold the Pair 5700-6000 for 123.

The Pair today closed at 123.85. Tomorrow if there is GAP UP opening then let us close the pair immediately. Because in this month the Pair trading has become a little unpredictable with Higher Volatility. That is because the Range for this month is very small.

If there is a GAP Down, below 5700 , then we have to close the pair immediately because the price would be around 143 - 20 points loss.

So probably we have to may trade the pairs which are minimum 400 points apart from the current Strike Price. I will look at this evening.

DOW Jones Futures is trading 100 points UP. So may be they should be able to rescue our position. So keep a watch on how US markets are closing and also the SGX markets tomorrow morning.