NIFTY Options Trading by RAJ

[ss16021981]

sir can u tell about tatasteel as i have 340 call & in ota the line r crossing @ 340

 

[singlap]

Max Pain for Bank Nifty is 10800 and todays close is 11241. Can we expect a good fall Raj ? In case Bank nifty expires at around 10800-10900, there will be a decent fall in Nifty also ( Banknifty has almost 25% representation in Nifty) ?

 

[healthraj]

Max Pain for Bank Nifty is 10800 and todays close is 11241. Can we expect a good fall Raj ? In case Bank nifty expires at around 10800-10900, there will be a decent fall in Nifty also ( Banknifty has almost 25% representation in Nifty) ?

I think so. I was expecting at least 11500 but made high of 11440 only. so that means BANKNIFTY not able to cross the Shorts at 11500. Yes 10800 or Lower should be Reached by tomorrow. If there is GAP UP opening tomorrow, then it would be a Sure shot SHORT.

 

[singlap]

Thanks Raj. I have never followed MAX Pain levels. Do you have some historical data showing that expiry is around Max pain level ? Also,what are the chances that this level gets changed significantly on the day of expiry ?

 

[healthraj]

Thanks Raj. I have never followed MAX Pain levels. Do you have some historical data showing that expiry is around Max pain level ? Also,what are the chances that this level gets changed significantly on the day of expiry ?

I have not followed for BANKNIFTY and the Stocks. But for NIFTY in the last 3 months from JUL-13, the MAX Pain has worked.

 

[AmitForTrading]

Raj, has the max pain shifted to 6200 ?

In the excel sheet it is showing now as 6200 ? What does that mean for tomorrow ?

Is Nifty going to go further up in first half and then expire around 6200 ?

 

[healthraj]

Raj, has the max pain shifted to 6200 ?

In the excel sheet it is showing now as 6200 ? What does that mean for tomorrow ?

Is Nifty going to go further up in first half and then expire around 6200 ?

I updated saying the MAX Pain has changed to 6150 from 6200. So tomorrow I think the market will correct on the downside. The Global markets are also looking weak.

 

[TraderRavi]

as per option oracle max pain is @ 6100.

 

[AmitForTrading]

But in the OAT tool it is showing as 6200 as per the Nifty closing data for today..

 

[premkumartalreja]

As per my tool Max pai is at 6150 followed by 6100 and 6200 having 433 Crores...SO it can lose at 6200 or 6100


Strike Price Call Give Put Give Total Give
5750 133 943 1076
5800 149 787 936
5850 169 649 818
5900 190 513 703
5950 216 398 614
6000 242 284 526
6050 276 202 478
6100 311 122 433
6150 356 72 427
6200 403 30 433