Trade with options data

[jovial01]

Guys! following link can be used to gauge bias of the stocks for the next day(s)....

http://www.bigpaisa.com/nse/futures-trades/open-interest/expiry/near-month

(a) Plan trade for the stocks which fit best, as during the week we have lots of choices easily available.

(b) Have 1 or 2-stocks to SHORT, 1 or 2-to go LONG simultaneously.

(c) For Long or Short consider only those stocks which have OI change at least 5%. Higher the better.

(d) BULLISH: If price increases AND OI increases.
.....BEARISH: If price decreases AND OI increases.

(e) Not easy to interpret near expiry due to roll-overs, after expiry again on track.

=> Define your stop Loss and Target as per the chart.

Paper trading for few weeks is definitely required.

Hi Kamlesh,Thx for the strategy.Can u pl suggest where can we paper trade before getting into real trading.

Regards
Jovial01

 

[kiranjakka]

OI of 5700pe made a high of 13lk and now gradually decreasing

 

[sabhlok_r]

Thanks Kamlesh....VPIND looks good for going long....OI 57 and price also up

 

[uttamkamlesh]

Hi Kamlesh,Thx for the strategy.Can u pl suggest where can we paper trade before getting into real trading.

Regards
Jovial01

You can maintain a diary....or an excel sheet...

 

[uttamkamlesh]

Thanks Kamlesh....VPIND looks good for going long....OI 57 and price also up

yes.....VIP, TTK, POLARIS, IVRCL...check out by market close.

 

[kiranjakka]

the option value of 5700pe is 81 now at 100

 

[anilnegi]

yes.....VIP, TTK, POLARIS, IVRCL...check out by market close.

Kamlesh, you pay more emphasis on OI interest along with % change in price or there is any other criteria to select stocks, TTK is my favourite though

anil negi

 

[cellclinic]

Hello Kiran

As open interest changes significantly in 5600 call & put
i.e. in morning change in open int.in call was +786050 & in put +834000
now change in open int.in call is +1796000 & in put +675000

what does this indicate

Regards - n - Thanks

Sumit

 

[kiranjakka]

Hello Kiran

As open interest changes significantly in 5600 call & put
i.e. in morning change in open int.in call was +786050 & in put +834000
now change in open int.in call is +1796000 & in put +675000

what does this indicate

Regards - n - Thanks

Sumit

try to read 5500call and 5700put for this series changes will be more clear to study

 

[cellclinic]

Thanks for the reply kiran

I have gone through maximum posts posted by you here but unable to find a way to map open interest in a proper way ...

If you don't feel it as a hard request to clarify this process in brief so that to understand it in better way

It will be a great help

Click To Enlarge

try to read 5500call and 5700put for this series changes will be more clear to study

Regards - n - Thanks
Sumit