NIFTY Options Trading by RAJ

[babumehta]

6500 is History in this Series...Lets not dream about it in this series

:clapping:

Sell 6500 call for a low risk returns. ITM probability of 6500 call is 21 %

any one to :argue:

View attachment 19433

dear premji
where i can get that chart?

 

[premkumartalreja]

dear premji
where i can get that chart?

It's part of the dashboard I have developed . Soon it will be live on web. Will share he website soon .

 

[premkumartalreja]

I dont advocate selling either PE/CE at the moment.The IV is so low, its not worth to sell

Agree with you that I'V is low. But I am suggesting to hold till expiry. Nifty will not expire above 6540 in this series for you to loose in this trade.

 

[anup]

Agree with you that I'V is low. But I am suggesting to hold till expiry. Nifty will not expire above 6540 in this series for you to loose in this trade.

But just look at how much margin will be blocked... Is it worth trading (just a thought )

 

[premkumartalreja]

But just look at how much margin will be blocked... Is it worth trading (just a thought )

42 * 50 = 2100 on a margin of 25000 is 8.5% return in a month. Probability of winning is 85 %. This is the best trade u can have.

 

[DanPickUp]

@Funkyvaib and all which are interested in it: Here the screen shots from that requested PDF. I upload the screens shots one by one, so you can use it in what ever way you want.

1. http://i44.tinypic.com/1ze9vuw.jpg
2. http://i44.tinypic.com/2zsz47k.jpg
3. http://i43.tinypic.com/3320wf5.jpg
4. http://i42.tinypic.com/32zq7bq.jpg
5. http://i42.tinypic.com/2a7ddo9.jpg
6. http://i43.tinypic.com/10nhitc.jpg
7. http://i39.tinypic.com/w2exj7.jpg
8. http://i44.tinypic.com/3150i9l.jpg
9. http://i41.tinypic.com/35itzxd.jpg
10. http://i42.tinypic.com/16ap892.jpg
11. http://i44.tinypic.com/55ie13.jpg
12. http://i42.tinypic.com/ojidex.png

Open the link, click only once on the picture and an other window occurs with the same image. On the down left side you will see: View Raw Image. Click on it and then you have a full image on your screen. You even can zoom, so you easily can read it. Enjoy reading and have a nice day / DanPickUp

 

[funkyvaib]

@Funkyvaib and all which are interested in it: Here the screen shots from that requested PDF. I upload the screens shots one by one, so you can use it in what ever way you want.

1. http://i44.tinypic.com/1ze9vuw.jpg
2. http://i44.tinypic.com/2zsz47k.jpg
3. http://i43.tinypic.com/3320wf5.jpg
4. http://i42.tinypic.com/32zq7bq.jpg
5. http://i42.tinypic.com/2a7ddo9.jpg
6. http://i43.tinypic.com/10nhitc.jpg
7. http://i39.tinypic.com/w2exj7.jpg
8. http://i44.tinypic.com/3150i9l.jpg
9. http://i41.tinypic.com/35itzxd.jpg
10. http://i42.tinypic.com/16ap892.jpg
11. http://i44.tinypic.com/55ie13.jpg
12. http://i42.tinypic.com/ojidex.png

Open the link, click only once on the picture and an other window occurs with the same image. On the down left side you will see: View Raw Image. Click on it and then you have a full image on your screen. You even can zoom, so you easily can read it. Enjoy reading and have a nice day / DanPickUp

Many Thanks Dan for your efforts. Can I ask which book is this? I've read options selling by James Cordier and found it awesome. Can you suggest some other good ones (besides reading through your post

Thanks again Dan.

 

[healthraj]

NIFTY JAN-14 Series.

AS per Options Data, the Initial Range for this month is at 6300-6500.

As per Daily charts there is no clear Direction because it is trading near the Pivot of 6290.

As per the Hourly charts, SELL is LIVE from 6325 and the Support is at 6275.

As per Lower timeframe SELL is LIVE from 6343.75 and the support will come at 6281.

So it would be a BUY around 6275-6281.

JAN-13 happens to be a LONG Month with expiry on the Last date of the month. So normally such LONG periods will have some HEAVY action on both sides.

NOTE : Those who are using OAT, and trying to look the Option chain values for FEB-14. Normally the Expiry for a month is on the last Thursday of the month. But for some reason the FEB-14 Expiry is 26-FEB-14 (Wednesday) instead of 27-FEB-14.

The Next three months Expiry dates is got from the Sheet "SODATA" from the cells AP20, AP21 and AP22. So you might have to hardcode the AP21 to 26-FEB-2014.

 

[DanPickUp]

Many Thanks Dan for your efforts. Can I ask which book is this? I've read options selling by James Cordier and found it awesome. Can you suggest some other good ones (besides reading through your post

Thanks again Dan.

Hi. The above is from the book: Trading Options Visually by Paul Forchone. (What you must know to trade options on futures). James Cordier is a must read for option lover, specially for sellers. Nice book. :thumb:

Here some other books I can recommend. I would appreciate when nobody comes up with the question: Which one is the best, as there is no best. There are only different kind of writers which give different views of there kind of option trading. The same applies to any other topic in trading.

-Guy Cohen: The bible of option strategies
-George Jabbour and Philip Budwick: The option traders handbook. Strategies and Trade Adjustment
-John Summa: Options on Futures: New Trading Strategies
-J.L.Lord: One Strategy for all Markets
-William R. Gallacher: The options edge. Winning the volatility game with options of futures
-Lawrence G. McMillan. He is the godfather of options you can read any book which was written from him.
-Joe Ross: Trading optures and futions
-The Options Institute (The educational division of the Chicago Board Options Exchange): Options Essential Concepts and trading strategies
-Market Wise Trading School: Option Primer (This book is a bit more pointed to options on shares)
-Peter James: Option Theory
-Kevin M. Kraus: Advanced option trading. Approaches, tools and techniques for traders.
-Thomas DeMark: DeMark on Day-Trading Options
-Other authors you can look at: Jon Narajian, Jay Kaeppel,

In the above list you have all kind of levels and information you want about any kind of option trading. Some books cost a fortune like the one from Joe Ross. Take care and take your time to read / DanPickUp

 

[funkyvaib]

Hi. The above is from the book: Trading Options Visually by Paul Forchone. (What you must know to trade options on futures). James Cordier is a must read for option lover, specially for sellers. Nice book. :thumb:

Here some other books I can recommend. I would appreciate when nobody comes up with the question: Which one is the best, as there is no best. There are only different kind of writers which give different views of there kind of option trading. The same applies to any other topic in trading.

-Guy Cohen: The bible of option strategies
-George Jabbour and Philip Budwick: The option traders handbook. Strategies and Trade Adjustment
-John Summa: Options on Futures: New Trading Strategies
-J.L.Lord: One Strategy for all Markets
-William R. Gallacher: The options edge. Winning the volatility game with options of futures
-Lawrence G. McMillan. He is the godfather of options you can read any book which was written from him.
-Joe Ross: Trading optures and futions
-The Options Institute (The educational division of the Chicago Board Options Exchange): Options Essential Concepts and trading strategies
-Market Wise Trading School: Option Primer (This book is a bit more pointed to options on shares)
-Peter James: Option Theory
-Kevin M. Kraus: Advanced option trading. Approaches, tools and techniques for traders.
-Thomas DeMark: DeMark on Day-Trading Options
-Other authors you can look at: Jon Narajian, Jay Kaeppel,

In the above list you have all kind of levels and information you want about any kind of option trading. Some books cost a fortune like the one from Joe Ross. Take care and take your time to read / DanPickUp

Awesome Dan. One of the finest mentors at this forum! Thanks so much. :thumb: