Less speculation, Not much OI added, but Banknifty pain is moved up. Will lead flat market. Time for create double calendar spread

Less speculation, Not much OI added, but Banknifty pain is moved up. Will lead flat market. Time for create double calendar spread

Time: 9:00 am   VIX: 14.15      SGX Nifty: 10337     FII: -186 Cr        DII: +109 Cr FNO Data Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10100 0.99 10000 10500 10100 (21%) 10700 (10%) Banknifty 25400 1.50 25000 26000 25000 (4%) 26000 (11%)

Continue Reading

Fatty Bro HDFCs are back to long position. Main rallies. Back to accumulation. Create diagonal calendar spread in PE

Time: 8:30 am   VIX: 13.67      SGX Nifty: 10316     FII: -675 Cr        DII: +1243 Cr FNO Data Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10100 0.94 10000 10500 10200 (41%) 10450 (114%) Banknifty 25300 1.51 25000 26000 25000 (4%) 26000 (11%)

Continue Reading

MAXPain is not moving much. Not much speculation in Banknifty. Good time to create short straddle at 10200 in Jan.

Time: 9:00 am   VIX: 14.27      SGX Nifty: 10209     FII: -1075 Cr        DII: +927 Cr FNO Data Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10000 0.87 10000 10500 10000 (7%) 10700 (3%) Banknifty 25000 1.56 25000 26000 26000 (4%) 26000 (16%)

Continue Reading

Was afraid of upward as it was touching day high. 95 trades and 50K intraday profit (Total MTM is 1L)

Was afraid of upward as it was touching day high. 95 trades and 50K intraday profit (Total MTM is 1L)

Jegathesan DurairajJegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is

Continue Reading