Long added back in Nifty & Banknifty with moving up maxpain

 

 

 
Time: 7:30 am   VIX: 14.25  SGX Nifty:  11490  FII: -1086 Cr    DII:   +541 Cr
 
Participant wise open interest
 
Client Type
Future Index Long
Future Index Short
Future Stock Long
Future Stock Short
Option Index Call Long
Option Index Put Long
Option Index Call Short
Option Index Put Short
Option Stock Call Long
Option Stock Put Long
Option Stock Call Short
Option Stock Put Short
Client
252550
140347
1029968
373570
482090
412169
498974
676853
373474
107119
263686
129145
DII
35573
76351
25572
962278
30578
102447
0
0
192
0
0
0
FII
127417
170405
707228
492503
241015
405906
134332
175466
31380
27317
43992
21538
Pro
17958
46395
162915
97332
134649
151617
255026
219820
47857
62005
145225
45758
TOTAL
433498
433498
1925683
1925683
888331
1072139
888331
1072139
452903
196441
452903
196441
 
 
FNO Data Analysis
 
Index
Max Pain
PCR
Highest OI
PE
CE
Highest Increase in OI
PE
          CE
Nifty
11500
1.03
11400
11800
11200 (13%)
11400 (12%)
Banknifty
26800
0.99
27000
28000
26200 (1071%)
27000 (87%)
 
 
 
 
 
              
Future position and Volume Analysis (Nifty & Banknifty stocks)
 
Long Build Up
Profit Booking
Short Build Up
Short Covering
High Delivery Volumes
Reddy, Tata Steel, HDFC Bank, Indusind, NTPC
TCS
Hero, TechM, ICICI, Bajaj Finance, BPCL, Maruti
Adani, ITC, Titan, Grasim, PGC
 
 
 
 
 
 
 
Nifty (Over all FNO Position: Slightly bullish)
 
·                     Global market is up and SGX nifty is up.
·                     FII is in sell mode
·                     Highest PE is at 11400 and highest CE is at 11800.
·                     PEs are added at 11200 and CEs are added at 11400
·                     More number of PEs have been added CEs
·                     MAX Pain is at 11500 (up by points)
·                     PCR is neutral
·                     Net future Position is long
·                     Time to do more advanced put calendar at 11500.
 
Banknifty (Over all FNO Position: Slightly bullish)
 
·                     ICICI Bank is up and HDFC Bank is up in USA.
·                     Highest PE is at 27000 and Highest CE is at 28500.
·                     PEs are sold at 26200 and CEs are sold at 27000.
·                     HDFC Bank is in long
·                     More number of PEs have been added than CEs
·                     Max Pain is at 26800
·                     PCR is neutral
·                     Net future positions is in neutral
·                     Time to have more putcalendar below ATM
 
Executed Trades
 
ü  Sold 11600 CE to hedge 12000 ITM putcalendar
ü  Done expiry trading and made a profit of 45K
 
 
Trading Plan
 
ü  Will do putcalendar to save 11600 CE
 
Open Positions
 
       
         
     
   
           
   
FAO UnRealized Position : JEGAN001 as on 14/09/2018
 
   
   
                   
 
 
Scrip Name
Date
Qty
Avg Rate
Value
Prev Close
Market Value
M2M
 
 
 NIFTY 25 Oct 2018 PE 12000.00
 
1200
333.08
399700.92
568.25
681900.00
282199.08
 
 
 NIFTY 27 Sep 2018 CE 11600.00
 
-1200
29.95
(35940.12)
42.60
(51120.00)
(15179.88)
 
 
 NIFTY 27 Sep 2018 CE 12000.00
 
-1200
32.45
(38938.92)
5.55
(6660.00)
32278.92
 
 
 NIFTY 27 Sep 2018 PE 12000.00
 
-1200
305.46
(366546.84)
582.20
(698640.00)
(332093.16)
 
   
       
 
 
 
 

Jegathesan 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 one of the prime Option Writing Trainer and tutored close to 1000 members till now.

He is the Mastermind of CapitalZone РActive Option Trading where Traders can avail Trading Chart with customised indicators, FNO tools and Payoff analysis. His keynote is to provide whole FNO deets to be handy for Traders in a sole place.

Now he is taking more heed on hedging portfolio in Option Writing where we might subject to more market risk. He is streamlining his strategies often and improving perpetually. At this time unfolding ways to measure good-quality Trend Following System.

Conducting workshop in all Metro Cities (Delhi, Mumbai, Bangalore, Chennai and Coimbatore) often based on queries from Traders.