50% to 100%

[mvkarthik]

MAX CHOI Time-9.32-nifty-8358

PE8300-489,725
CE8400-436,900
--------------------------------
MAXCOI Time-9.42-nifty-8379

PE8300-741,775
CE8400-492,600
-------------------------------
MAXCOI Time-9.45-nifty-8376

PE8300- 939,525
CE8400-497,775

 

[jagankris]

Just my views

@ mvkarthik question

Man u are smart MAX CHOI increasing means someone has started buying it
For every quantity bought there has to be a seller and vice versa.
MAX CHOI increasing shows participants showing more interest at a particular strike - could also mean some are writing the options.

( livermore says Buy One that shows u strength )

Not sure if Options were traded or Open Interest Quotes were displayed intraday during livermore days.

Buy strength doesn't mean puts OI building up.

Buy strength - means buy when the price is moving up/trending.
So when price moving up and puts OI building up is sign of bullishness.


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.

The above belief of yours - is contradicting statement of quote of jesse liver more - buy strength.
A normal man cannot predict Tops/bottoms and buy options
at the lowest price and sell at the highest price.
Only the market controllers can do that.
A normal man can only buy after certain movement in price / indicating trend and potential movement.


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

When price moving up and MAXCHOI is happening in puts.Puts will be loosing its value fast and Put writers will be sitting in profits and so no margin money ran out and SL hitting.

i wil try to apply your technique tomorrow in live market
Just observe the technique for few days before applying real time

 

[mvkarthik]

MAX COI Time-9.56-nifty-8380

PE8300-1,059,575
CE8400- 460,550

MAX CHOI 8300lv reach 10lakhs

CE8300- 91.00

CE8400- 33.45

no buy signal in chart so wait
(its not a trading call,its a illustration of the Strategies only)
---------------------------------------
MAXCOI Time-10.05-nifty-8381

PE8300-1,231,625

CE8400-451,900
------------------------------
MAXCOI Time-11.20-nifty-8356

PE8300-1,583,000
CE8400-557,625

 

[spiritunit]

--------------------------
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
---------------------------

What is the rule of buy signal in chart? Buying above the high of the 30 min candle?

 

[mvkarthik]

What is the rule of buy signal in chart? Buying above the high of the 30 min candle?

use you are own chart for this
see this post
http://www.traderji.com/trading-diary/88670-nifty-options-trading-raj-757.html#post1080488
i use PA and heiken ashi

 

[mvkarthik]

MAX COI Time-9.56-nifty-8380

PE8300-1,059,575
CE8400- 460,550

MAX CHOI 8300lv reach 10lakhs

CE8300- 91.00

CE8400- 33.45

no buy signal in chart so wait
(its not a trading call,its a illustration of the Strategies only)
---------------------------------------
MAXCOI Time-10.05-nifty-8381

PE8300-1,231,625

CE8400-451,900

CE8300- 100.20 target 150

CE8400- 37.90 target 56.85

stop loss 8360
(its not a trading call,its a illustration of the Strategies only)

 

[sekpalani]

Are the chart shows buy now?

 

[mvkarthik]

Are the chart shows buy now?

in my chart 30min ,yes

 

[mvkarthik]

pair sell
CE,PE-8400
pair sell at -98.00
exit at - 85.95
profit -602.50
---------------

MAX OI Time-10.25
PE8300- 6,085,900
CE8400- 5,525,400

 

[mvkarthik]

CE8300- 100.20 target 150

CE8400- 37.90 target 56.85

stop loss 8360
(its not a trading call,its a illustration of the Strategies only)

stop loss hit

CE8300- 100.20 target 150
ST-79.00

CE8400- 37.90 target 56.85
ST-27