FNO data looks boring, but global cues are weak and seems to be gap down today. Better to stay away for an hour at least. Can create straddle in Aug at close

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

Long added in all-time high with Nifty and Banknifty. 15800 seems to be good support. Looks positive. Time to sell more PE and less CE

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

IT stocks do well, but banking stocks are tired, but still FNO setup looks positive for Nifty. Ready to break all-time high. Time to have more PE and less CE

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

Market is too volatile with gaps, but still it looks positive till yesterday. 15700 seems to be strong support zone. Time for double calendar as VIX is too low

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

Pin Drop Silence from FNO data. Not much change in OI though it moved violently yesterday. It may lead to another flat day. Time for double calendar in July

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