NIFTY Options Trading by RAJ

[adg123]

Future is still in Premium of Rs. 50/- and CALLs are very costly compare to PUTs..., Unable to enter in market...!

 

[Vikas Korde]

Future is still in Premium of Rs. 50/- and CALLs are very costly compare to PUTs..., Unable to enter in market...!

from where you get premium value

 

[healthraj]

Future is still in Premium of Rs. 50/- and CALLs are very costly compare to PUTs..., Unable to enter in market...!

from where you get premium value

In fact the Premium has gone up to 55. Similar situation like last Friday where the market was taken down in the last 30 minutes.

Vikas, the Premium is the Difference between the NIFTY Spot and Futures. In OAT you can see that in the cell K13

 

[adg123]

Slight missing, may be confusing for new comer - Vikas, the Premium is the POSITIVE DIFFERENCE between the NIFTY Spot and Futures, NEGATIVE DIFFERENCE is call Discount....

 

[prabhsingh]

I think next week this market can fall towards 5738-5750 levels because:

a) 5750 is 0.382 retracement levels from 5120-6143 levels (SPOT)
b) On daily charts,Left Shoulder value is 5738 levels hence if H&S has to form then right shoulder value should come close to 5738 levels.

Lets see if this holds true.Thoughts Welcome.

Targets achieved on the first working day of this week.

 

[healthraj]

The INDIAVIX and NIFTY has formed a BIG FLAG from this morning and not giving any Direction. Also because 5800 is a Major support. So look for a Breakout of INDIAVIX and/or NIFTY for further move. This Breakout should minimum give 100 points.

Those Who have Gone Short at current levels should keep 5785 SPOT as the Stoploss

So the 5785 Stoploss worked. NIFTY Spot made high of 5782

 

[healthraj]

But the Intraday pivot is at 5720. So I think it should be a SELL till we reach 5720 (Futures price). since the Market opened at 5846, 60 points from there should be 5784. So we should at least get 5784 today. If 5784 breaks then another 60 points which will take to 5724.

First Target of 5784 met. Tomorrow we might see 5720 and we might see a Pull back. I am saying pull back is possible at 5700 because the MAX OI still 5700-6000. Let us see tomorrow if the 5700 changes to a Lower value in which case more downside might be possible. Otherwise 5700 might be the Low

 

[healthraj]

since there was a GAP Down the fight is now between 5600-5800. But there is not much volume because the institutions might have taken their SELL positions on Friday itself and there are no Fresh SELL positions.

Keep a Watch on the MAX COI. The Volume is only in the range 2L.

The only SAFE Trade now as the OHLC method is SELL 6100CE.

The 6100CE SELL Call today closed at 45 - 20 points profit from the opening price.

As someone had requested in this thread, I will post the next version, where you can Trade based on OHLC for the Options also...

 

[healthraj]

In fact the Premium has gone up to 55. Similar situation like last Friday where the market was taken down in the last 30 minutes.

Vikas, the Premium is the Difference between the NIFTY Spot and Futures. In OAT you can see that in the cell K13

First Target of 5784 met. Tomorrow we might see 5720 and we might see a Pull back. I am saying pull back is possible at 5700 because the MAX OI still 5700-6000. Let us see tomorrow if the 5700 changes to a Lower value in which case more downside might be possible. Otherwise 5700 might be the Low

We started the Series with 66 as the Premium for NIFTY Futures. Today we closed with 41.8 as the Premium. Almost 30% reduction. Does this signal any Pullback? Tomorrow the market will React to the US Debt Ceiling decision with a GAP UP or GAP DOWN.

 

[bksujal]

The 6100CE SELL Call today closed at 45 - 20 points profit from the opening price.

As someone had requested in this thread, I will post the next version, where you can Trade based on OHLC for the Options also...

that was me I'm glad you took the trade! 6100 Ce made an open high and gave a nice 20 points profit!