#BankNiftyOptions Open High Strategy Strategy worth Rs million By @Justsiva123
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Find Out Strike In Which Open = High In #BankNiftyOptions After market opening.
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Find Out Strike In Which Open = High In #BankNiftyOptions After market opening.
@Justsiva123 If the option strike is trading below that Open or High Price,
There is high probability that it will hit that Open Price Again.
But How To Chase #BankNiftyOptions Open & High Trade??
You have to connect a few dots Before chasing an open high trade.
What is That??
There is high probability that it will hit that Open Price Again.
But How To Chase #BankNiftyOptions Open & High Trade??
You have to connect a few dots Before chasing an open high trade.
What is That??
@Justsiva123 1.Almost Everyday
Open = High happens in multiple CE or PE option Strike .
You have to find out first,
On which side,
Open = High are maximum
Means You have to find out
CE side maximum
or PE side maximum.
So First check it in
@OiPulse
OH Strategy Tab
Open = High happens in multiple CE or PE option Strike .
You have to find out first,
On which side,
Open = High are maximum
Means You have to find out
CE side maximum
or PE side maximum.
So First check it in
@OiPulse
OH Strategy Tab
@Justsiva123 @OiPulse 2. ATM option strike has maximum liquidity.
So find out in which side
ATM Option Strike has
Open = High.
If any choose,
That ATM CE
Or
ATM PE
That's it so you have already connected two dots,
Right??
Wait , Wait
Don't jump on to trade.
So find out in which side
ATM Option Strike has
Open = High.
If any choose,
That ATM CE
Or
ATM PE
That's it so you have already connected two dots,
Right??
Wait , Wait
Don't jump on to trade.
@Justsiva123 @OiPulse 3. Now the Important one,
Check out price,
Choose the option strike which is trading between
300-600. ( For Banknifty)
Avoid the remaining one.
Except Expiry Day
You Can Trade Open High
In The
100-300 Range
In Expiry Days.
Check out price,
Choose the option strike which is trading between
300-600. ( For Banknifty)
Avoid the remaining one.
Except Expiry Day
You Can Trade Open High
In The
100-300 Range
In Expiry Days.
@Justsiva123 @OiPulse 4. Last but most Important
Check Out VWAP
If you are chasing
CE Open High
Banknifty Future price should be trading above VWAP.
If you are chasing
PE Open High
Banknifty Future price should be
Trading below VWAP.
For CE, BNF >VWAP
For PE, BNF < VWAP
Check Out VWAP
If you are chasing
CE Open High
Banknifty Future price should be trading above VWAP.
If you are chasing
PE Open High
Banknifty Future price should be
Trading below VWAP.
For CE, BNF >VWAP
For PE, BNF < VWAP
@Justsiva123 @OiPulse When to Avoid
Open High Strategy
If Option Strike Price decreases more than 50%
Avoid Trading Open High
On that strike.
Don't deploy more than
10% of your capital
In
Open High Strategy
Try to book profit at Open High Price,
Because price max time reversed
After touching that
Open High Strategy
If Option Strike Price decreases more than 50%
Avoid Trading Open High
On that strike.
Don't deploy more than
10% of your capital
In
Open High Strategy
Try to book profit at Open High Price,
Because price max time reversed
After touching that
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