NIFTY Options Trading by RAJ

[funkyvaib]

Welcome to the Jungle, where there is no clear path. You will have to find a path to your success. I don't have any documentation for OAT. You can go through the Rules which is there in the beginning of this thread. Please note that I am not a Guru and I am also learning like you. This OAT tool just downloads the Options Chain from the NSEindia.com site and Gives a perspective. So for you to have the basic idea on the Options Chain, you should understand what is Open Interest (OI) , Change in Open Interest (COI), Volume, Implied Volatility. These parameters are pretty much covered In my rules, which should give you a basic knowledge on Options Chain. Advanced Knowledge will only come through experience and continuous observation of the Options Chain. If you discover anything new, you are most welcome to share it with us. Please note that the most important thing is that the Rules are based on MY OWN Interpretation of the Options Chain data and I don't claim that it works. So consider OAT as just a tool which shows you the Options Chain data for the Index or Stock.

Thanks Raj for your candid opinion. I will dig through old posts here.

Regards
Vaib

 

[healthraj]

Dear Raj, Can you give your opinion on TCS

About my opinion on TCS, TCS was a Buy around 1980-1990 since the MAX OI at PE is at 2000.

 

[healthraj]

My opinion on PNB, ICICIBANK and LT

All the below stocks are Trading near their Resistance. ICICIBank today gave a breakout.

So on Monday if they continue to Trade below these Levels then it would be a SELL. But since Monday is going to be VOLATILE considering the Election Results, Take your positions accordingly. But as per the Price action and Rangebound Technique following is my Opinion.

SELL PNB near 600-605
SELL ICICIBANK near 1155-1165
SELL LT near 1116-1119

 

[healthraj]

Good suggestion Raj..Its the time we stop asking you the repeated questions about the tool..In the meanwhile i am planning to come up with a document on the option rules you have provided in this page..All the rules have scattered so i will revisit each page and check the rules... If i have some time will try to do this weekend...

Thanks Anup. Greatly Appreciate that. It would be wonderful if we can have a Documentation. I am also not finding time like before.

 

[funkyvaib]

Dear Raj

Do you think market is set to rally on Monday? Would it be a be long lasting over a period of time or merely a bubble that will end in a day or two?

Regards

 

[VJAY]

Dear raj,
Can you please give some hints as per your thoughts for positional in options...Like we look only @3.15 OAT tool then decide entries/hold/exit for positional trades...your hints will help to follow some method and test live it ........take ur time...

 

[avny]

So that means you are expecting drastic fall on Monday then as then only CE which are Short should give profits.Great.Can you tell on what basis are you telling to Short CE.Anything strange happening in options or any other reason?

For monday the only trigger is election results,a part of which is already discounted yesterday
so even if results are favorable,there may be a short rally only and in the absense of any other trigger,chances are that,it will be short lived

let us see on monday

 

[ritesh.bafna88]

Long straddle of power grid at 95

Call 95 @ 2.4 put 95 @ 2.55

Spot @ 98.95

The 95 call is trading below intrinsic value....

Any views if this straddle is worth betting with??

Thanks

Regards
Ritesh

 

[Option.Trader]

Clear breakout on Monday, hope everyone has boarded the gravy train

 

[prathapan]

Thanks Anup. Greatly Appreciate that. It would be wonderful if we can have a Documentation. I am also not finding time like before.

Download the latest MTP version 3.5
Download the latest OTP version 1.0
Download OAT - OptionsChain Analysis Tool v1.2

hi friend above files are not supporting in my office 2007 , wher it support and how v use it