Nifty daily chart view

Posted on by priceactionandoptionstrading

Hi friends. This is girish once again.

Plz check the below attached image.

NIFTY_Daily_29-02-2020

Nifty is now entering into the support zone as per daily chart .

One thing to observe is that the price is away from the moving average as well as India Vix has rosen a lot .

Put option buyers who are now in profit can sell otm pe to lock profits or those who want to buy put options can do debit spread strategy as put buying risk reward is not favourable now . This is because if market stays sideways or goes up, IV will met to decrease premium .

 

Friends i am providing my own views. You plz trade as per your own views. Don’t blindly follow me .

TO  LEARN  MORE  ON  PRICE  ACTION  AND  OPTIONS  TRADING  

 CONTACT ( GIRISH PATIL : 9167461604 )

TO  KNOW  COURSE  DETAILS  AND  FEES  VISIT

MY COURSE DETAILS AND FEES

Double gamma effect happened in options this Thursday

Posted on by priceactionandoptionstrading

Hi friends. This is girish once again.

Gamma an options greek plays an important role in helping to earn more profit in options buying  . One needs to understand it and use accordingly .

Jackpot trades can be earned on expiry day ( not every expiry day ) but needs a strong discipline and good practice of price action  to time it .

One can see the below chart of put options .

NFBANKNIFTY 27-Jun-2019 PE 31200

NFBANKNIFTY 27-Jun-2019 PE 31300

Note :  1. this effect is best for otm options .

2. Gamma effect can vary from low to medium to jackpot profits .

  3. Not every expiry is a jackpot . So don’t gamble and lose money unnecessarily.

4. This effect is best in Banknifty due to good volatility.

 

 

 

What a writing market this June month trapping option buyers with intraday volatilities

Posted on by priceactionandoptionstrading

Hi friends. This is girish once again.

If you observe this whole month nifty was oscillated between 11500-12100 range as per the oi data .  Many intraday voalitility were created attracting option buyers to buy options and hold for positional view . Sadly at the end , most of the options expired worthless .

See the image below .

blog.jpg

One must therefore should not hold options till expiry . Even the itm lost their time value .

One must buy options from a swing trading point of view . Holding for 2-4 days . Exit with SL . Don’t be stubborn in options buying . Also don’t buy options on hope or hold options on hope .

Friends i am providing my own views. You plz trade as per your own views. Don’t blindly follow me .

TO  LEARN  MORE  ON   OPTIONS  TRADING  

 CONTACT ( GIRISH PATIL : 9167461604 )

TO  KNOW  COURSE  DETAILS  AND  FEES  VISIT

MY COURSE DETAILS AND FEES