Hi,
I am in process of designing options trading strategy useful for people who can watch market around closing and take required action.
Your suggestions will help me to improve on the strategy.
Referring the SBIN table below, when BUY is indicated for the first time, it means buying a CALL and thereafter holding this CALL until the column indicates, similarly when SELL is indicated it means buying a PUT. Whenever there is a switch between BUY and SELL, switch the same with options. Just follow both the columns simultaneously.
You will NEVER SHORT a CALL or PUT.
SBIN Stock analysis is presented in the form of following trend indicators and useful for options trading.
(1) Trend Level :
Is a trailing level indicator based on the daily stock movement. It is generated daily around and after market closing. This level can be used to make trading decision independently on the next day. If the Weighted Average Rate moves above this level , its a BUY and if it goes below, its a SELL.
(2) Quick Trend :
Indicates a BUY if stock closes above the Trend Level and SELL if stock closes below the Trend Level.
(3) Broad Trend :
Keep holding the position ( Call or Put ) until indicated in the Broad Trend.
Thanks
I am in process of designing options trading strategy useful for people who can watch market around closing and take required action.
Your suggestions will help me to improve on the strategy.
Referring the SBIN table below, when BUY is indicated for the first time, it means buying a CALL and thereafter holding this CALL until the column indicates, similarly when SELL is indicated it means buying a PUT. Whenever there is a switch between BUY and SELL, switch the same with options. Just follow both the columns simultaneously.
You will NEVER SHORT a CALL or PUT.
SBIN Stock analysis is presented in the form of following trend indicators and useful for options trading.
(1) Trend Level :
Is a trailing level indicator based on the daily stock movement. It is generated daily around and after market closing. This level can be used to make trading decision independently on the next day. If the Weighted Average Rate moves above this level , its a BUY and if it goes below, its a SELL.
(2) Quick Trend :
Indicates a BUY if stock closes above the Trend Level and SELL if stock closes below the Trend Level.
(3) Broad Trend :
Keep holding the position ( Call or Put ) until indicated in the Broad Trend.
Thanks
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