Vijay, are you sure u are trading with the mini-flow. In such a nice trending day, I doubt that mini-flow will give u loss.
If mini-flow is fine, then change your objective of strategy to develop short straddle trading strategy for Nifty. Keep it simple, split in 2 parts and crack each part on its own.
Well proven, age old - divide and rule approach.
Regarding my views on OI % change - plz don't confuse yourself with one more variable which is very difficult to read and come out with consistent approach to trade.
Plz read the thread "PUT-CALL Ratio..." where we had nice discussion on it.
As feb can be volatile month, someone is taking protective position using far OTM options and then they will play aggressively in till expiry. It is also possible, this will fool PCRatio reading for whole month now.. There could be many possible reasons and we will be just wasting our time in finding out the reason for that.
IMO, Better to focus of something which is more concrete.
Hope this gives u some idea. I will share some more thoughts on devising short straddle strategy later.
happy Trading.
If mini-flow is fine, then change your objective of strategy to develop short straddle trading strategy for Nifty. Keep it simple, split in 2 parts and crack each part on its own.
Well proven, age old - divide and rule approach.
Regarding my views on OI % change - plz don't confuse yourself with one more variable which is very difficult to read and come out with consistent approach to trade.
Plz read the thread "PUT-CALL Ratio..." where we had nice discussion on it.
As feb can be volatile month, someone is taking protective position using far OTM options and then they will play aggressively in till expiry. It is also possible, this will fool PCRatio reading for whole month now.. There could be many possible reasons and we will be just wasting our time in finding out the reason for that.
IMO, Better to focus of something which is more concrete.
Hope this gives u some idea. I will share some more thoughts on devising short straddle strategy later.
happy Trading.
