Nifty Options Vertical Spread Trading

gmt900

Well-Known Member
It is not clear why do you want to buy sept option and sell oct. option.I think you have already checked the strategy graph . As per my view if nifty at sept expiry goes below 5730, then you will get profit but if you sell sept 5100 put and 5900 call and buy oct 5000 put / 6000 call you will get a wide range 4920-6080 and probability of profit is much higher ,I am be wrong but interested to know any specific reason for your strategy :):)
I have not checked the graph since I do not have software. I used to use Option Oracle which is not available now.
I do the maths instead.
 

DanPickUp

Well-Known Member
I tried lot to upload bmp image but failed to do because of upload limit of traderji :confused:, I use option oracle and it is working for our market.
If you use Windows, go under Search, type: Snipping tools and make the screenshots. If you not use Windows, download here: http://www.picpick.org/en/ and use that program to make the screenshots. Save them on the desktop.

After that use this link for the upload: http://tinypic.com/index.php
 

mmca2006

Active Member
I have not checked the graph since I do not have software. I used to use Option Oracle which is not available now.
I do the maths instead.
Here is the pic for nifty sept. series, I like to mention that I have very limited knowledge about option , have learnt little from the post of traderji ..and may be wrong ..., I use OO and it is the graph as shown by OO :)
 

Attachments

DanPickUp

Well-Known Member
done it ....:clap:
check the following pic for oct sr.
http://www.traderji.com/attachments...options-vertical-spread-trading-nifty-oct.gif

The analzying picture shows that the implementation of the idea can be much improved by leg in. In that way you can bring it at or over the 0 line. Such kind of calendars are not for beginners as the leg in part is quit difficult. The picture looks a bit weird when doing the trade with one step, but when it is done step by step, it will look better.
 
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DanPickUp

Well-Known Member
Here is the pic for nifty sept. series, I like to mention that I have very limited knowledge about option , have learnt little from the post of traderji ..and may be wrong ..., I use OO and it is the graph as shown by OO :)
http://www.traderji.com/attachments...s-vertical-spread-trading-nifty-sept.ser..gif

Now this is an other way to trade the idea and it is a way which is a bit more simple, as you can implement that at one step. :thumb: All my comments posted do fix with that picture. Thanks to mmca2006 to bring the analyze picture with data from your market. An other prove why I call every body to use such programs for more complex option trading strategies, as only math not shows such clear pictures. When it comes to more complex option trading, I only trade on such analyzing pictures and nothing else.

Take care / DanPickUp
 
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mmca2006

Active Member
http://www.traderji.com/options/att...s-vertical-spread-trading-nifty-sept.ser..gif

Now this is the right one. :thumb: and all my comments posted do fix with that picture. Thanks to mmca2006 to bring the analyze picture with data from your market. An other prove why I call every body to use such programs for more complex option trading strategies, as only math not shows such clear pictures. When it comes to more complex option trading, I only trade on such analyzing pictures and nothing else.

Take care / DanPickUp
don't know why he preferred to sell oct series for which he will not get full benefit of time decay and he bought sept. series for which time decay also go against him, in both cases he is deprived of the advantage of time decay, :confused:
 

DanPickUp

Well-Known Member
don't know why he preferred to sell oct series for which he will not get full benefit of time decay and he bought sept. series for which time decay also go against him, in both cases he is deprived of the advantage of time decay, :confused:
Well, every body has its onw ideas to trade any option strategies. As this strategy can be fine tuned in many ways, look at it as a basic idea. If you like to know a bit more about calendars, you may read this and have a look at the anlayzing picture. Guess you will love it :): http://www.traderji.com/options/66266-option-trading-danpickup-21.html#post753276

Take care / DanPickUp
 

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