50% to 100%

[mvkarthik]

Sir ,what is the mean of " MAX CHOI " and " MAXCHOI Lv ".


Regards
pav

Hi pav
http://www.nseindia.com/live_market...tionKeys.jsp?symbol=NIFTY&instrument=-&date=-

see this link
see the Chng in OI ,and look for which one have the max values
thats is MAX CHIO ,and that is also MAXCHOI lV

today its 8300

 

[mvkarthik]

karthik, how is your 30 min chart settings? r ur starting time 9:00 or 9:15? which one you select?

kiran_thiru
i use 9:00

 

[mvkarthik]

19th June 2015
MAX CHOI Time-10.25
PE 8200-1,344,000
CE 8400-211,300

MAX CHOI lv8200,so i my ce8200 option at57.50 target(50%) 86.25

 

[test123]

Be warned and think twice about such tips from him, as he did give call on the 8400 Nifty June call some time back @ around 40. After market went down and down before moving up again and again, this call did touch his stop loss and he was out of the trade.

Now he comes and claimes that it worked. :lol::rofl: but he not mention his this trade he recommended in the forum, was token out enough early to protect the members here who follow blindly such stupid advises.

Really are trader fools to buy without thinking ?
don;t tarder like u have there own brain.. my talking was with author of post so don;t poke your nose in middle... like u are big shot and u rule nifty

offcourse Sl are meant to be broken thats reason u put 15% SL or whatever your appetitle

DID u forgot to mention that 8400 CE went R.s 40 to r.s 65
( i won;t say what price i sold at ) and it closed 26 on that day



so is it really my fault if u don;t sell at 50 hee suck on my candy bar lool

any way markets are designed to Fool most of trader that includes u too mate so save it

Before 8400 CE i did write trading log of buy 8200 PE buy @68
that went to R.s 99 then 240
No one bothers to points that
Mai karu tao salla character dhila hai !!!!

To be honest who puts password in there zip file to loot innocent trader for stupid EOD lol that sucks dude
EOd are available on net for free there is no need to pay anyone i say

@Somatung do u still have Eod selling bussiness really ?

Somatung my friend do u know why 8400 CE call didn;t cross 38 today ? coz of Head and shoulder
someone sold 8400CE @ 40 long back that day

 

[muthutrader]

how to read option chain?

In option chain look for the MAX CHOI CE PE,
which one is higher CE or PE?

PE is higher then CE, its a BUY signal
CE is higher then PE, its a SELL signal
---------------------------------------------
Today
MAX CHOI Time-9.30

PE8200-705,225
CE8300-103,800
which one is higher CE or PE? PE is higher so its a BUY signal

MAX CHOI Time-10.00
PE8200-1,516,025
CE8300-127,200

10.00 am PE 8200 CHOI changed from 705,225 to 1,516,025 (which is a good sign)
10.00 am CE 8300 CHOI stay at same value (9.30AM-CE8300-103,800 / 10AM-CE8300-127,200)
(increasing in MAX CHOI in one side is good sign)
if one side of MAXCHOI increasing,and other side of MAXCHOI not increasing or
some values(+or_) that is a signal i am looking for,

--------------------------
next Buy signal in chart
i use 30 min for this strategy,
in 30 min once i get a buy signal,i buy the option
---------------------------
how to select a strike price of the option for buy?
MAX CHOI Time-10.00
PE8200-1,516,025
CE8300-127,200

Today 10 AM ,MAX CHOI PE8200-1,516,025 ,which means Bulls protect the 8200 Lv
so one can buy the 8200CE or 8300CE
(for selecting what strike to buy ,use the MAXCHOI Lv, Today 8200)
------------------------------------
buy signal in chart+buy signal in MAXCHOI ,buy the MAXCHOI Lv (Today MAXCHIO at 8200,so by 8200CE or 8300 CE)
you can get 50% to 100% ,
today i buy 8200CE at 111.50 terget-167.25
i use stoploss-30 points in nifty,
------------------------------------------

hi karthik
thanks for sharing this strategy ,what about put buying
we can use same logic for put buying also?

 

[mvkarthik]

hi karthik
thanks for sharing this strategy ,what about put buying
we can use same logic for put buying also?

yes you are right
for put buying you need wait for MAX CHOI CE reach 10lakhs values,
EX
CE8200-1,516,025
PE8400-127,200
once the CE MAX CHOI reach 10lakhs values,you can buy the 8200put

 

[PUCHU_2500]

I visit raj sir's thread regularly though my knowledge in option is too poor. I wanted to see your a separate thread, now you have done it. thanks. hope you will be continuing this thread with your good contribution.....thanks again....

 

[test123]

@ mvkarthik question

Man u are smart MAX CHOI increasing means someone has started buying it
( livermore says Buy One that shows u strength )

Can u tell me in nest trader what column shows Live MAX CHOI ?
OR do u have to rely on NSE site ?
mvkarthik can u share afl or is that too much to ask

Any specific reason why time 9:30 could be 9:40 ?? just wondering
what if both Ce and pe both has 10lakhs values
points to last day of trading remmember how price goes R.s 22 to 70
and r.s 40 to 0 lol
and sometimes both strike Ce and Pe has 10 lakhs value

i might be wrong but
i think MAX CHOI is nothing but number of lot that got forcefully executed coz
writers margin money ran out / writers Sl hit

***update i treid to apply logic
i found call of 8400 CE was already quoting R.s 12 at 10 am with increasing in open interest
can a normal man that has not buyed at r.s 6 will he buy at 12 ? lol
i get amazed by markets.
buy time we figure change in OI big move has already been done
in Normal market that might not work.

i wil try to apply your technique tomorrow in live market

 

[mvkarthik]

Can u tell me in nest trader what column shows Live MAX CHOI ?
OR do u have to rely on NSE site ?

i dont know about NEST trader, i am useing tradetiger option chain,i will check it out
------------------------------------------------------
Any specific reason why time 9:30 could be 9:40 ??

nothing about 9.30 or 9.40 ,increasing MAXCHOI in important like 5lks,7lks,10lks
----------------------------------------------------------
just wondering what if both Ce and pe both has 10lakhs values?

good question,in that case,look for the range, (EX)PE8000-10lks, CE8300-10lks
the range is 300 points, 8000 lv to 8300 lv,try to buy call option at 8000lv
try to buy put option at 8300 lv
------------------------------------------------------------
i might be wrong but
i think MAX CHOI is nothing but number of lot that got forcefully executed coz
writers margin money ran out / writers Sl hit

see this post
http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj.html#post834167
-------------------------------------------------------------
i found call of 8400 CE was already quoting R.s 12 at 10 am with increasing in open interest
can a normal man that has not buyed at r.s 6 will he buy at 12 ? lol

8400CE low-6 high-34.50
i am also a normal man, i also like to buy at 6 sell at 34.50,but what happ when someone
trying to catch this kind of moves (buy low sell high),in the end most trader (option buyers)
lose there capital,

if some one buy the call at 12 ,he can make 50% to 100% target 18 24
i dont konw how to make 500% to 1000% profit in option buying, buy at 6 sell at 34
------------------------------------------------------------
buy time we figure change in OI big move has already been done
in Normal market that might not work.

no trader only miss some 40 to 50 only,still there are more points to catch ,one can take
this position for next day and catch some more points
--------------------------------------------------------
for the afl
http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-744.html#post1078979

 

[muthutrader]

l

8400CE low-6 high-34.50
i am also a normal man, i also like to buy at 6 sell at 34.50,but what happ when someone
trying to catch this kind of moves (buy low sell high),in the end most trader (option buyers)
lose there capital,

100% right :thumb::thumb::thumb: