NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%

  • For Intraday Pair trading of Options

    Votes: 27 17.5%

  • For Intraday Futures trading

    Votes: 18 11.7%

  • For Positional Naked Options trading

    Votes: 35 22.7%

  • For Positional Pair trading of options

    Votes: 29 18.8%

  • For Positional Futures trading

    Votes: 11 7.1%

  • To trade in Cash market

    Votes: 13 8.4%

  • Overall trading has improved with OAT

    Votes: 27 17.5%

  • Understanding of Options has improved with OAT

    Votes: 57 37.0%
  • Total voters
    154
  • Poll closed .
healthraj

healthraj

Well-Known Member
#111
#111
healthraj said:
It is based on the MAX CHG in OI and the Weighted average on OI and the Strike price.

For Example, Today the MAX CHG in OI at 5900-6000. So you can say the pivot could be 5950. But if do some customization using the OI, I think you will get a customized value. Otherwise you can simply take the average of the MAX CHG in OI Strike prices...

similarly for BNF the MAX CHG in OI 10500-10900. 10700 is simply an average.
Click to expand...
So when you have the Options Chain data, You don't even need to see the charts or need not know what was the previous close etc... I hope there are more hidden secrets in the Options Chain data... We need to discover them :)
 
healthraj

healthraj

Well-Known Member
#112
#112
healthraj said:
For 25-Jul-13
I normally do not trade on the last day of Expiry. It is best do some pair trading so that we can eat some premium.

Today it would be Rangebound between 5962 to 6022.

Option Traders, Trade only Shorts. The Volatility is very low.

The 6000 Pair is trading at 47. Now the Premium for CE is more or less gone to 8. Then they would try and do the same for 6000 PE. So the risky players can Sell the 6000 PE. You might get some 25 points if market touches 6020. Now the premium is around 38

The August 5800-6200 pair that I Sold Yesterday at 102.75 is now trading at 85.5 with 17.25 points profit
Click to expand...
Market is trading more or less at the same place as in the morning. But the premium has come down to 39 from 47. 6000 PE premium has come down from 38 to 31.3. So you can imagine what will happen to 31.3 if market makes sudden UP move.
 
G

gmt900

Well-Known Member
#113
#113
healthraj said:
Just to keep a Tab on the August Series...

MAX OI at 5900-6100 Pair.

5900 PE @ 32.9L 6100 CE @ 26.4L - The Reason why I sold the 5800-6200 pair. So Market might even test 5900 Levels before going UP.
6100 is already tested... Just keep a check on the MAX OI.
Today the MAX CHG in OI 5800-6000 pair. So today the 6030 might not be crossed, unless the MAX CHG in OI changes. So I think market is more set for a DOWN move.
Click to expand...

Does it mean one should sell a pair at one strike away from max OI for put and call?
 
healthraj

healthraj

Well-Known Member
#118
#118
Aug-13 NIFTY MAX CHG in OI at 5500-6000 Pair.

I closed the 5800-6200 Pair and taken the 5500-6000 Pair because market could head southwards to 5800 and the 5800-6200 Pair would come to loss. So selling the 5500-6000 Pair for 108. It is still a Risky but the August CHG in OI indicates a Strong Bear.
 
healthraj

healthraj

Well-Known Member
#119
#119
Trying my luck in INFY. INFY has gone up like anything in the last month. Before going further up, it needs to correct a bit. So I am taking a chance and buying the 2800 PE at 31.25. THE MAX OI 2900-2900.

The world markets are in Red. So If 2900 breaks tomorrow 2800 PE could give some profit. The Volatility is low. So selling now would not work.

Taking lots of Risk month :(
 
timepass

timepass

Moderator
#120
#120
healthraj said:
Trying my luck in INFY. INFY has gone up like anything in the last month. Before going further up, it needs to correct a bit. So I am taking a chance and buying the 2800 PE at 31.25. THE MAX OI 2900-2900.

The world markets are in Red. So If 2900 breaks tomorrow 2800 PE could give some profit. The Volatility is low. So selling now would not work.

Taking lots of Risk month :(
Click to expand...
Infy July ?? Or August ??
 
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