Nifty Future volumes shrinking fast, out of top 20 soon?

travi

Well-Known Member
#21
small query bhai,if you are trading Banknifty option intraday,how much points SL do you keep and how much for weekly?
Bhai, you don't calculate SL of options directly.
You look at the SL on futures you want to put and multiply it by the delta of that strike.
So, 20 pt SL on BNF will be 10pt for ATM BNO, whether it is Inr. 150 5 days before expiry or Inr. 50 around 1 day before expiry.
That's for intra.

EDIT: For weekly, I don't understand what you mean, they would have expired by then.
 
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headstrong007

----- Full-Time ----- Day-Trader
#22
bhai...I enter position in weekly options using bank nifty spot charts...
I try to enter only higher probability trades..

mostly 30m/45m range breakout...if price come to same range exit..
or open reverse position near htf sup res...if sup res don't worked, I exit quickly..may be in reverse position (now range breakout),then sl below/above same sup res..

If if I m right; make quick profit on 30-40%.. trail rest position so that,, no loss in net but some profit atleast..
weekly options-intraday last 3 day better..premium is low..lesser risk..

can try 3 day/5day range breakout also.

I use weekly options for htf..future for ltf scalping..opposite what most people do..
 
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Vipul_84

Well-Known Member
#23
Any back data on Banknifty futures? How many contracts or trunover in last 5 years? Is BNF steadily gaining? How steaidly? Some charts or numbers please :(
If we take consideration since 2010-2011...and add up cost inflation index... said as above... it reduced to one third in last 5-6 years...alarming..
where as total daily turnover increased..

another alarming trend...weekly options bring more volatility in bank nifty..now more people shifting to bank nifty futures also from remaining volume...more bad news for nifty future traders...
 

headstrong007

----- Full-Time ----- Day-Trader
#24

headstrong007

----- Full-Time ----- Day-Trader
#27
Stick with what suits one's trading style,

markets have always evolved and those that adapt survive :D
Above two contradicts.. 2nd line true..

Yes market have always evolved... those can adapt survive...so we need to change trading style if required...to survive...

I was a high vol nifty trader...now shifting to bank nifty future,, weekly options...
bank nifty moves much faster than nifty... trying to adapt slowly...:)
still attracted to nifty...some day loosing bigger opportunity in bnf due to nifty...today also...

nifty was 1st love... aise chora nahi jata...although 2nd girl friend looks more attractive now....1st one remained in heart...:lol:
 

travi

Well-Known Member
#28
Above two contradicts.. 2nd line true..

Yes market have always evolved... those can adapt survive...so we need to change trading style if required...to survive...

I was a high vol nifty trader...now shifting to bank nifty future,, weekly options...
bank nifty moves much faster than nifty... trying to adapt slowly...:)
still attracted to nifty...some day loosing bigger opportunity in bnf due to nifty...today also...

nifty was 1st love... aise chora nahi jata...although 2nd girl friend looks more attractive now....1st one remained in heart...:lol:
Hehe, my sentence appears contradictory, but that wasn't the intention.

What you mentioned is what was running in my head, as markets evolve, and so will our trading style so choose new systems/scrips etc accordingly :D:D
Changing trading style is harder but one gets (has to) over it.