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Option Strategy

1 Expiry Day Strategy

Step 01 Mark High & Low of the day from 9:15 to 10:15
Step 02 Take 30 min timeframe
Step 03 Open the chart at 2: 15
Step 04 The closing of the 2:15 candle is above High , BUY CE
Step 05 The closing of the 2:15 candle is below LOW , BUY PE
Step 06 If there is a trailing rise, but the closing candle closes below HIGH Level then BUY PE
Step 07 If there is a trailing fall in price , but the closing candle closes above LOW Level then BUY CE

2 Weekly NIFTY

Step 01 To be done the next day after expiry (FRIDAY) around 3:15 pm
Step 02 SELECT the new Expiry Date (Current Week)
Step 03 Strike Price withPremium Rs 50 : SELL CE : Lot 01
Step 04 Strike Price withPremium Rs 50 : SELL PE : Lot 01
Step 05 Take Next Expiry (NEXT WEEK )
Step 06 Strike Price withPremium Rs 50 : BUY CE : Lot 02
Step 07 Strike Price withPremium Rs 50 : BUY PE : Lot 02
Step 08 Close the trade witin 3-5% Profit
Step 09 Margin : 40K
3 INTRADAY OPTION TRADING OF STOCK

Step 01 Go to NSE website & find the TOP Gainers in Nifty 50 at 9:25 AM
Step 02 Select the first stock go to Stock Chart
Step 03 Timeframe 10 minutes
Step 04 Check what type of candle the stock is making : Most Bullish / 2nd Most Bulish Candle or Normal Bullish
Step 05 High of First Candle (9:15 Canldle) - considered as Strike Pice
Step 06 BUY Call Option : Out of the Money & not at Strike Price
Step 07 Entering Trade : Goto to OTM CE Chart
Step 08 Enter the trade at the opening of the 2nd cable
Step 09 Keep Stoploss at LOW of 1st Candle
Step 10 If 1st candle is big, keep stoploss 60% below HIGH of 1st candle
Step 11 If 1st candle is very big, don’t trade.
Step 12 Low Margin

4 INTRADAY OPTION SELLING

Step 01 At 9:30 - SELL PE with 150 Premium 1 Lot of the CURRENT WEEK EXPIRY
Step 02 At 9:30 - SELL CE with 150 Premium 1 Lot of the CURRENT WEEK EXPIRY
Step 03 Stoploss : 50 % + 150 (50% on the premiums ) : 150+50% : 225 PE & CE
Step 04 Exit at 3:10 tp 3:25
Step 05 Margin 1 lakh

4 TAMIL OPTION STRATEGY


Step 01 NIFTY INTRADAY
Step 02 Margin 25 K
Step 03 Add the Strike price @3:30 PM after market for the next day trade of current week expiry
Step 04 Select one CE with premium 150-195
Step 05 Select one PE with premium 150-195
Step 06 The CE & PE difference shall be only 5-10 points. Better to be same price
Step 07 Take Entry after 12:00 PM next day
Step 08 If CE or PE whichever crosses above 216 then BUY it & remove the other one.
Step 09 Stopless : set to 189
Step 10 Traget : set to 239 - Target 01 : Sell 1st Lot
Step 11 Traget : set to 270 - Target 02 - Sell the 2nd Lot. Put new Stoploss between ENTRY PRICE & TARGET 01

5 TAMIL OPTION STRATEGY -02

Step 01 NIFTY INTRADAY


Step 02 Margin 25 K
Step 03 Add the Strike price @09:25AM of current week expiry
Step 04 Select one CE with premium 160-180
Step 05 Select one PE with premium 160-180
Step 06 The CE & PE difference shall be only 5-10 points. Better to be same price. Also Premium shall not be less
Step 07 Wait till 09:31 AM
Step 08 If CE or PE whichever crosses above 205 & sustain for 4 minutes then BUY it & remove the other one.
Step 09 Take entry after 9:34 AM
Step 10 Stopless : set to 175
Step 11 Traget : set to 225 - Target 01 : Sell 1st Lot, 235 - Target 02 2nd Lot, Adjust new stop loss in between pre
Step 12 Traget : set to 270 - Target 02 - Sell the 3rd Lot. Put new Stoploss between ENTRY PRICE & TARGET 02
Step 13 Trade to be avoided if there is no gap up or gap down - in case of sidewise market
Step 14 If entry hit stoploss, reentry to be taken for the other premium (PE in case of CE taken first)
evel then BUY CE

ulish Candle or Normal Bullish Candle


ent week expiry

n ENTRY PRICE & TARGET 01

Also Premium shall not be less than 149 & greater than 185

it & remove the other one.

new stop loss in between previous stoploss & target 01


ENTRY PRICE & TARGET 02

of CE taken first)

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