Options Trading 10th May 2018 – Trade Bank Nifty 31 May 26000 CE

Published on May 10, 2018

Options Trading 10th May 2018

I had taken a trade in 26000 CE few days back. Entry was taken at 286 per lot. Today I exited the same at 508.
As writing at 10300 – 10400 – 10500 PE was increasing, Bank Nifty was offering a decent entry in 26000 CE option.
I had take this trade on 7th May wherein there was a distinct shift in Demand area of this underlying Option.
After a period of consolidation, price again began auctioning up. This was on back of increased Put writing which was happening in Nifty.
Demand shift I have marked on Bank Nifty chart. Bank Nifty was out performing Nifty. Click on the chart to expand.

As per OI, range for Nifty is still 10500 – 11000. FII Activity Update will not be posted today.

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My previous Option trades and explanations are documented in the link below.

I have explained many things ranging from Price structure , Strike price selections, Expiry movements to how volatility impacts Options.

Also, there are some other very good traders who have contributed towards the thread. Their inputs will be beneficial as well.


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Options Trading 9th May 2018 - OI
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