NIFTY Options Trading by RAJ

So how many took a SELL today.

I felt the MAX OI @ 8000-8400 was tested today.

Let us see.

Had 8300PE and 8300CE yesterday (Sold position)... skewed it for upward bias... 450 lot [email protected] and 300 lot [email protected] , took out CE @105 and PE @ 46.65
In 8400PE/CE today

Thing to notice.. from last 3 days.. everyday there is a gap up and the low is almost equal to open... so you cant play day.. but you need to keep position for a day

I have changed the date to 25/jan/17 , now itis working for Jan 17 also ....below the link...
https://www.mediafire.com/?3d2z37zahttartt

Dear mmca,
Can you please add chg in volume graph too into this file?anyway thanks to sharing modified sheet with us :thumb:

Vijay Bhai,
Can you explain its purpose?
The mathematics is as follows:

1. OI increases when a new contract is written and another buyer purchases it but if already bought contract is sold again, then OI will not increase.

2. Similarly, if original Option Writer purchases the contract and closes position, then OI will reduce.
That is why OI and Change in OI very important.

3. On other hand Volume will just increase for each transaction that occurs, so whether it is Futures or calls or puts, from opening to closing this will just increase.

My suggestion is if you look at volume bars in you Trading Terminal, the visual bars in your TF will project that.

Even if you plot in OAT, it will have lag and not as accurate (like multi TF) as what you see in Terminal.

Yes ravi bro and thank once again to remember mathematics of OI :thumb:
IMO if we relate volume with chg OI do more accuration in our views of market...though am not much involved in option.just doing some paper trades and learning...also if we see (graph) of volume we can see what side market will go at shorter time (may be am wrong ).but am watching it nowdays

hello everyone, need help regarding raj' OAT & MTP tool
I'm using office 2010
OAT file does not refreshing, it shows error like 'repairs to OAT for all symbols (using vba code)
same error also display in MTP tool
thanx,
angira...

Can you check with this file?
https://www.mediafire.com/?3d2z37zahttartt

Great point, I will help you judge that in my way.
You don't need volume
I have observed that volume will be same on both sides but our great friend is "IV" or Implied Volatility.

IV will not be same on Put or Call side.
Whichever side IV is higher, that side is more in demand.
Sellers love writing at higher IV and Buyers are willing to pay more premium for a contract.

I think this will solve your need