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Bank Nifty Levels & Strategy for 03/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 02/NOV/2022 BANK NIFTY IS DOWN BY -143 POINTS Name Price Previous Day Change % Change Bank Nifty 41147 41290 -142.90 -0.35% India VIX 16.66 16.13 0.53 3.30% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 3907375, CE LTP: 101) Max OI (Puts) 41000 (Open Interest: 2066450, PE LTP: 177) PCR 0.68 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Shall we look for sell on rise opportunities near major resistance levels?????? Please do share your thoughts.
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 02/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty closed flat & slightly in red. Profit booking at higher level is quite obvious. However, bulls continued to dominate. Today, max OI in call as well as put is at 41500 level. It looks like tomorrow, Bank Nifty is likely to remain sideways ahead of US FED hike & RBI's meeting/hike. US market indices are trading in red ahead of major event. Overall, market breadth is quite positive. Is tomorrow's trading session, going to offer good opportunity to option writers????? Please find below scorecard and quick update about F&O positions, PCR & India VIX . BANK NIFTY SCORECARD DATED 01/NOV/2022 BANK NIFTY IS DOWN BY -18 POINTS Name Price Previous Day Change % Change Bank Nifty 41290 41308 -18.35 -0.04% India VIX 16.13 15.80 0.33 2.07% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 4543275, CE LTP: 195.1) Max OI (Puts) 41500 (Open Interest: 2162625, PE LTP: 375) PCR 0.72 (PCR is in bearish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 01/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty sustained at higher level after initial gap up & mild profit booking. Today, retailed traders were rewarded due to their overnight highly bullish stance. Retailed traders have now taken highly bearish stance for tomorrow's trade which is exactly opposite to what big players have done today. FIIs continued with heavy buying in cash as well as F&O. Is Bank Nifty heading towards it's new lifetime high????? Is Bank Nifty going to sustain at higher levels in coming days????? Please do share your thoughts. Overall, market breadth is positive and it looks like any decent dip due to FOMC meeting/RBI's meeting in first week of Nov is going to be a buying opportunity. Please find below scorecard and quick update about F&O positions, PCR & India VIX. BANK NIFTY SCORECARD DATED 31/OCT/2022 BANK NIFTY IS UP BY 317 POINTS Name Price Previous Day Change % Change Bank Nifty 41308 40991 317.05 0.77% India VIX 15.80 15.92 -0.12 -0.75% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 2743200, CE LTP: 247.6) Max OI (Puts) 41000 (Open Interest: 1977000, PE LTP: 203) PCR 0.9 (PCR is in bearish zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Short covering, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 31/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty performed as expected. Profit booking was done at higher levels. US market clsoed in green. SGX Nifty closed almost 200 points up. Bank Nifty PCR shifted to oversold zone amid several ongoing global issues (Key issues to be considered are US FED hike in Nov & RBI's corrective action). Is Bank Nifty once again getting ready to cross it's lifetime high????? Is sell on rise & buy on dips working????? However, please do review the following Bank Nifty scorecard data which will give you clear idea about long & short positions in Calls & Puts. BANK NIFTY SCORECARD DATED 28/OCT/2022 BANK NIFTY IS DOWN BY -308 POINTS Name Price Previous Day Change % Change Bank Nifty 40991 41299 -308.45 -0.75% India VIX 15.92 16.60 -0.68 -4.07% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 2660400, CE LTP: 217) Max OI (Puts) 41000 (Open Interest: 1534125, PE LTP: 400.95) PCR 0.65 (PCR is in oversold zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Buildup
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 28/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today global cues were positive. Dollar index is coming down which is quite good for global markets. As expected once again bulls as well as bears got the opportunity with sufficient time to trade & book the profit. Specially retails traders enjoyed the profit due to up move. Big players are light and have started on a positive note for Nov series. FIIs are high bullish & added bullish positions in F&O contracts. Tomorrow, also we should continue to booking profit at higher levels and buy the strength in only monthly option (not in weekly options) therefore you get enough of opportunities to adjust your trades in coming weeks. Shall we continue do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. BANK NIFTY SCORECARD DATED 27/OCT/2022 BANK NIFTY IS UP BY 177 POINTS Name Price Previous Day Change % Change Bank Nifty 41299 41123 176.55 0.43% India VIX 16.60 16.88 -0.28 -1.67% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 41500 (Open Interest: 1019950, CE LTP: 400) Max OI (Puts) 40000 (Open Interest: 1047475, PE LTP: 90.85) PCR 0.96 (PCR is in sideways to mild bearish zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:BANKNIFTY
by manishmgupta
LAZR Hedged Options StrategyLuminar Technologies, Inc. makes sensor technologies and software for vehicles and is distributed internationally. Laser imaging, detection, ranging sensors, perception and autonomy software are becoming the norm in newer cars. LAZR stock has also made a few headlines this week as a couple of institutions have started or added to their positions, and most analysts have rated it a buy or hold. There's some recent rallying in growth stocks in general. Overall, it seems to be a promising young company making in-demand LiDAR products. The doubts: Big name analysts (like GS) have cut its target price. Northland downgraded it from outperform to market perform. Fed rate hike next week. Technically, it's testing the lower EMAs and levels with some bullish patterns but who knows with the random gaps up and down these days. Here's our hedged strategy Buy 1 $5.00 Call Buy 1 $7.50 Call Sell 4 $2.50 Put All expiring 1/19/24 This strategy can make up to 26% (20% annualized) and protect from a drop of up to 66% (cushion set way down to $2.50) as of 1/19/24. Capital Required: $999
NASDAQ:LAZRLong
by oliveinvest
1
Bank Nifty Levels & Strategy for 27/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today global cues are positive. Profit booking in Bank Nifty near lifetime high is quite obvious. Big players have significantly reduced their existing long as well as short positions. Today markets are really doing well. However, retail traders need to be cautious in Bank Nifty near lifetime high. Market is quite volatile and almost daily offering nice trading opportunities to Bulls as well as Bears. Traders who working patiently and waiting for right levels, good quality trade setup are getting regularly getting rewarded. Shall we continue do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. BANK NIFTY SCORECARD DATED 25/OCT/2022 BANK NIFTY IS DOWN BY -182 POINTS Name Price Previous Day Change % Change Bank Nifty 41123 41305 -182.15 -0.44% India VIX 16.88 17.42 -0.54 -3.11% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 42000 (Open Interest: 2832775, CE LTP: 6.9) Max OI (Puts) 40000 (Open Interest: 2365750, PE LTP: 12.5) PCR 1.03 (PCR is in sideways to mild bullish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Long Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Long Liquidation
NSE:BANKNIFTY
by manishmgupta
Bank Nifty & Levels for 25/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today global cues were positive on special occasion of Diwali 2022 Muhurat trading. Bank Nifty closed 581 points up. Bank Nifty, once again got close to lifetime high. It will be very interesting to see where Bank Nifty will cross it's lifetime high & sustain above it. Big players have taken bullish positions. We have also seen decent profit booking at higher levels. We have seen lot of actions in just one hour of Muhurat trading. Bank Nifty is looking positive. Shall we do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. BANK NIFTY SCORECARD DATED 24/OCT/2022 BANK NIFTY IS UP BY 521 POINTS Name Price Previous Day Change % Change Bank Nifty 41305 40784 520.85 1.28% India VIX 17.42 17.28 0.14 0.82% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 42000 (Open Interest: 2111875, CE LTP: 46.05) Max OI (Puts) 39000 (Open Interest: 2433375, PE LTP: 10.1) PCR 1.39 (PCR is in overbought zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
NSE:BANKNIFTY
by manishmgupta
Nifty Levels & Strategy for 21/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Nifty closed in green and Bulls are trying hard to retain the control & continue with ongoing relief rally. Today, once again Bears as well as Bulls were rewarded who traded based on good quality setup. Buy on only when price action indicate you to buy & vice versa in case of sell. Weakness in Indian Rupee is hurting Indian traders. Nifty & Bank Nifty are trading in opposite directions. We have Diwali two days of Diwali vacation prior to October expiry. Please avoid trading (specially buying) in weekly options. Bulls have slightly upper hand based on OI data. Shall we continue to buy on dips & sell on rise with strict SL untill market trend is clear? Yes, I think so. Please share your thoughts. NIFTY SCORECARD DATED 20/OCT/2022 NIFTY IS UP BY 52 POINTS Name Price Previous Day Change % Change Nifty 17564 17512 51.70 0.30% India VIX 17.23 17.49 -0.25 -1.46% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 18000 (Open Interest: 6777500, CE LTP: 11.95) Max OI (Puts) 16500 (Open Interest: 5910800, PE LTP: 4.6) PCR 1.17 (PCR is in buying Zone) Nifty Calls: ATM: Long Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
5
Bank Nifty Levels & Strategy for 20/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty started on an excellent note. Later, profit booking brought it down and finally Bank Nifty closed on 54 points up. FIIs who were buying from last few days has suddenly turned bearish as retail traders started showing buying interest. Both are working mostly in opposite direction. Big players have access to retail traders data and they are positioning accordingly therefore majority of the retail trader should work very carefully and focus more on learning. Today, US market has trading in red. Retail traders should wait for good quality opportunities. BANK NIFTY SCORECARD DATED 19/OCT/2022 BANK NIFTY IS UP BY 54 POINTS Name Price Previous Day Change % Change Bank Nifty 40373 40319 54.45 0.14% India VIX 17.49 17.45 0.03 0.20% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 40500 (Open Interest: 3104200, CE LTP: 9.85) Max OI (Puts) 39000 (Open Interest: 2759000, PE LTP: 121) PCR 1.06 (PCR is in sideways to mild bullish zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Tomorrow's expiry is likely to be volatile. Bulls as well as Bears are likely to get decent profit making opportunities. What should we do? Shall we buy on dips & sell on rise with strict SL in case we get good tradesetup. Yes, I think so. What are your thoughts?
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 19/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bullish run continued in Bank Nifty. F&O data clearly indicating that Bank Nifty trend is looking positive. Today, we have noticed heavy short covering in ITM calls and long positions were added in ATM calls. FIIs continued with their buying in F&O. Today FIIs & DIIs have significantly reduced the bearish positions. US market is also trading in green. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think????? BANK NIFTY SCORECARD DATED 18/OCT/2022 BANK NIFTY IS UP BY 398 POINTS Name Price Previous Day Change % Change Bank Nifty 40319 39920 398.30 1.00% India VIX 17.45 18.42 -0.97 -5.24% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 40500 (Open Interest: 2556675, CE LTP: 56) Max OI (Puts) 39500 (Open Interest: 2677750, PE LTP: 160.05) PCR 1.22 (PCR is in buying Zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 18/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty performed as expected. Traders who simply followed the technical pattern got rewarded heavily. Once Bank Nifty has given breakout above VWAP & 13EMA then throughout the day not even a single candle closed below 13 EMA/VWAP on 15 min chart. Those who shorted initially, took SL and reversed the trade for wonderful one way relief rally. Retail traders got caught again. FIIs have heavily added bullish positions in F&O contracts, US market is trading in green today and majority of the retail traders did exactly opposite to what FIIs did. May GOD bless retail traders. Please don't get carried away in one direction. Bank Nifty is in oversold zone now. We have to be patient enough to make some money and follow our rules without fail. Shall we look for buy on dips near major support levels & sell on rise opportunities if you get good trading setup ????? Yes, I think so. What do you think????? BANK NIFTY SCORECARD DATED 17/OCT/2022 BANK NIFTY IS UP BY 615 POINTS Name Price Previous Day Change % Change Bank Nifty 39920 39306 614.85 1.56% India VIX 18.42 18.26 0.16 0.88% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 40000 (Open Interest: 2227475, CE LTP: 9.05) Max OI (Puts) 37000 (Open Interest: 3057025, PE LTP: 363) PCR 1.48 (PCR is in overbought zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:BANKNIFTY
by manishmgupta
Bank Nifty Levels & Strategy for 17/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Bank Nifty simply followed the US market & jumped up 1.76%. Bank Nifty consolidated throughout the day after initial gap-up. We have very interesting data setup for tomorrow. US markets closed in red so we are likely to start with a mild gap-down. FIIs have heavily added long positions in F&O so we should expect a bounce back from lower level. Later, we can work based on good quality trade setups. This indicates bulls as well as bears will get opportunities. Shall we look for buy on dips near major support levels & sell on rise opportunities if you get good trading setup ????? Yes, I think so. What do you think????? BANK NIFTY SCORECARD DATED 14/OCT/2022 BANK NIFTY IS UP BY 682 POINTS Name Price Previous Day Change % Change Bank Nifty 39306 38624 681.60 1.76% India VIX 18.26 20.29 -2.03 -10.02% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 42000 (Open Interest: 2727075, CE LTP: 13.25) Max OI (Puts) 37000 (Open Interest: 1510250, PE LTP: 7) PCR 0.76 (PCR is in bearish zone) Bank Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Bank Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:BANKNIFTY
by manishmgupta
ABNB Rejection of Double Top Neckline/W Bad News10/14/2022 -- Joseph Gebbia, 10% Owner, Director, on October 13, 2022, sold 250,000 shares in Airbnb (ABNB) for $27,531,705. Here is ABNB 4 HR chart. We have a big double top on the higher time frames. We broke that double top neckline we used for support and are now rejecting the double top neckline while setting up in a head and shoulders pattern on the smaller time frames. The move should take about 6-10 days to play out so give yourself time not investing advice. White zone and Low of year area for final TP. I'll be looking for this to start playing out next week.
NASDAQ:ABNBShort
by quafo
2
BAC Iron Condor pre-earnings announcement Monday morningThe options market expecting a move of 5.3% in either direction. This move was breached in 2 out of the last 12 earnings . gyazo.com The post-earnings move was outside of the implied range 2 times. In those cases, long straddles were profitable. The rest of the earnings moves likely yielded profitable Iron Condors. Scanning for the best options trade of all calendars, straddles/strangles, iron flys and condors, the highest ranked trade is a IronCondor with strikes at 26, 30, 33, and 37, expiring on 2022-11-04, for a credit of $1.35. gyazo.com We can see the theoretical values in more detail. The distribution edge D%, found by the expected value of the payoff picture on the stock's historical distribution, has an edge of 2.0%. The forecast edge, which is derived from historical volatility , has an edge of 13.3%. Lastly, the smoothed edge, which is calculated by drawing a best fit curve through the monthly implied volatilities, has an edge of 0.0%. The edge is relative to the mid-market price of the trade. Greater positive edges are a theoretical benefit to the trader. We can also look at the payoff graph. The probability of profit sums the probability of the nodes for the part of the payoff picture above the zero profit line over three standard deviations. For this trade the probability of profit is 62.31%. The reward to risk divides the max gain by the max loss. Here the 1 to 2.0 is the ratio of the max gain of $133 to the max loss of $-267. There are two break evens for this IronCondor at 28.67 and 34.33. The total greeks and ThinkOrSwim code complete the information on the trade analysis popout.
NYSE:BAC
by ORATS
MAXN Options StrategyYoung Singaporean company Maxeon Solar Technologies makes solar panels and components for an international market that is facing a deepening energy crisis. Maxeon is found everywhere from Sunpower-branded products, developing projects, system integrators, residential and small-scale commercial customers. Trying out Elliott Wave Theory combined with a very conservative hedged strategy just in case things go south in this market. Buying 1 $17.5 CALL Selling 1 $20 CALL Selling 1 $5 PUT Selling 2 $10 PUTS Exp 3/17/23 Should make up to 10% (26% annualized) but also allow room for MAXN price to fall 47% (to $9.99, or the lowest level on my fibs) before losing any money. Capital required for this strategy = $2498.30
NASDAQ:MAXNLong
by oliveinvest
Nifty Levels & Strategy for 14/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Today, Bank Nifty closed in red based on heavy selling by FIIs & Big Players. Tomorrow's Nifty's performance will be based on US CPR inflation data 8.2% (reduced YOY & increased MOM) & market performance. US FED has left out with no option & have to go ahead with aggressive rate hike (0.75%) in Nov-22. Right now, Dow Jones (+800 points) and Nasdaq (+240 points) are trading in green and recovered significantly from day's low. Tomorrow, we should expect a trending move however retail traders should work level by level and avoid getting carried away. Nifty is trading in bearish zone. Infosys positive results (beats the market expectation) may also lift Nifty as well as IT stocks. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think????? NIFTY SCORECARD DATED 13/OCT/2022 NIFTY IS DOWN BY -109 POINTS Name Price Previous Day Change % Change Nifty 17014 17124 -109.25 -0.64% India VIX 20.29 20.18 0.12 0.57% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 17000 (Open Interest: 4034400, CE LTP: 203.4) Max OI (Puts) 17000 (Open Interest: 4464900, PE LTP: 179.65) PCR 0.82 (PCR is in bearish zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta
2
Bank Nifty Levels & Strategy for 14/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. BANK NIFTY Today, Bank Nifty closed in red based on heavy selling by FIIs & Big Players. Tomorrow's Bank Nifty's performance will be based on US CPR inflation data 8.2% (reduced YOY & increased MOM) & market performance. US FED has left out with no option & have to go ahead with aggressive rate hike (0.75%) in Nov-22. Right now, Dow Jones (+800 points) and Nasdaq (+240 points) are trading in green and recovered significantly from day's low. Tomorrow, we should expect a trending move however retail traders should work level by level and avoid getting carried away. Bank Nifty is trading in oversold zone. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think????? BANK NIFTY SCORECARD DATED 13/OCT/2022 BANK NIFTY IS DOWN BY -495 POINTS Name Price Previous Day Change % Change Bank Nifty 38624 39119 -494.55 -1.26% India VIX 20.29 20.18 0.12 0.57% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 41000 (Open Interest: 1418550, CE LTP: 144) Max OI (Puts) 37500 (Open Interest: 1086775, PE LTP: 22) PCR 0.64 (PCR is in oversold zone) Bank Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Bank Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:BANKNIFTYLong
by manishmgupta