Nifty is at all-time high. VIX comes down. Aggregate long added. Pain up, still positivity continues. Time to sell more PE and far CE in June
Time: 9:05 am VIX: 17.40 SGX Nifty: 15420 FII: +914 DII: +1275
Option Data Analysis (Jun)
Highest Increase in OI
Future Analysis (Nifty & Banknifty)
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 14000 and highest CE is at 16000.
PEs are added at 15000 and CEs are added at 16000.
More number of PEs are added than CEs.
Max pain is at 15000 (up by 150 points)
PCR is not changing.
Net future Position is in neutral
Time to sell only PE.
Banknifty (Over all FNO Position: Slightly Bullish)
ICICI Bank is up and HDFC Bank is up in USA.
Highest PE is at 33000 and Highest CE is at 40000
PEs are sold at 33000 and CEs are sold at 36000.
More number of CEs have been added than PEs.
Max Pain is at 35000 (Up by 500 points)
PCR is not changing.
Net future position is in neutral.
Time to sell PE
Did intraday Trading and made a profit of 78k
Will do intraday trading in Banknifty
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 – Active 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.