iCharts Discussions

[lotus1810]

STARTING FROM TODAY NEED TO SEE THE RISKS - REWARDS FOR A MONTH ON MONTH OF INCOME STRATEGY USING COMBINATION OF OPTIONS - & FUTURES - WITH ART OF HOW TO DO ADJUSTMENTS .

[lotus1810]

Starting this series with a RATIO CALL SPREAD in expiry week.

Waited from start of june week to post the CALL is to show the importance and time decay how fast it happens in MONTHLY EXPIRY week by designing a directional strategy for selling options.

Time : 6:20 am
NIFTY : 10091.65

Nifty is looking very strong over RIL.
For this expiry week

Time to sell CE in ratios

STRATEGY DESIGN:

Selecting @open and BUYING ATM STRIKE PRICE creating it STRADDLE and shorting far OTM price.

OPERATIONS :-Will do adjustments on Monday & Wednesdays

Lets see

[lotus1810]

Now from the last Update as on

Friday 19June202
Time : 6:30 am
Nifty Spot - 10091.65 Close of 18th June2020

Current Updates as on Sun 30 Aug20
Time : 3:30 pm
Nifty Spot - 11647.60 Close of Friday 28Aug20

Observation/Comments going forward : -
---------------------------------------------

Now going forwards till 15th September2020 -- BULLISHNESS might persist
till Levels of 11860 zone in NIFTY

So Planning again of Selling PUT Spread and OTM Puts
with respect to Bull Call Spread too in a mild manner.

Analysis : Nifty Spot Chart Analysis till Sun 30-8-20 where reversal zones displayed and non-directional strategies to design for Option Selling setup.

[lotus1810]

Now from the last Update list as on

1st Update :
Friday 19June202
Time : 6:30 am
Nifty Spot - 10091.65 Close of 18th June2020

2nd Update :
As on Sun 30 Aug20
Time : 3:30 pm
Nifty Spot - 11647.60 Close of Friday 28Aug20

Current Updates as on Expiry Thu Day 17Sept20
Time : 8:00 am
Nifty Spot - 11604.55 Close of Wed 16th Sept2020

Observation/Comments going forward : -
---------------------------------------------

Nifty gave a First DROP as on Mon 31Aug20 after our analysis but was accuate 65.75 ptoins short from our REVERSAL TARGET of major resistance @ 11860 levels.

So a (+-) 40 points less the target nifty dropped within 9 days till 11185.15 Low levels as on 9Sept20 instead of our projected date till 15th September2020. So the BULLISHNESS might persist again only now going forward for Levels of 11860 zone is major resistance of 11580 & 11635

So Planning again of Selling PUT Spread and OTM Puts
with respect to Bull Call Spread too in a mild manner.


***** Attached Charts *****
Analysis : Nifty Spot Chart Analysis till Wed 17-9-20 updates of reversal zones displayed and non-directional strategies to design for Option Selling setup.

***** For Education Purposes Only *****