Bigbear2022

Bigbear2022

As discussed y'day options sellers had a field day today without any discomfort , put buyers made good money today. Tomorrow expiry , zero hero possibility is quite evident with risk neutral parameter > 0. If we go by Yared hypothesis , mkt will see volatility in options. Decision Range 42762-42848 Resistance for the day 43020 Support for the day 42531...

Bigbear2022

Bank Nifty remained in sell at resistance mode today also and kept falling all day after hitting roof in first hour. Selling options have become tad easy after explosive volatility in last 2-3 weeks. I had hinted towards volatility subsiding last week which has made life of option sellers easy now. Decision range 42828-42880 Resistance for the day 42990...

Bigbear2022

As discussed y'day mkt remained in high volatility zone with sellers having little edge after noon. This explosive volatility in options likely to subside tomorrow with either a trend day or totally dead day. Both scenarios have played out in past with similar data points. Decision range 42322-42373 Resistance for the day 42483 Support for the day 42077...

Bigbear2022

As discussed y'day bank nifty hit day high at 11:45 , thereafter reversing the trend for the day giving good gains overall. Options continue to trade with very high volatility giving hard time to buyers and sellers alike. This trend continues to be the norm with FII have nothing to do with cash mkt and only doing punter activities in Indian mkt due to their high...

Bigbear2022

Bank Nifty continues to trade in a tight range with explosive volatility in options. ITM Options not giving any material advantage to sellers and buyers and sellers having equal chances. Decision Range 42123-42202 Resistance for the day 42472 Support for the day 41908 Expectations Mid day reversal after 11:45 Real time updates updated on direct...

Bigbear2022

As discussed yesterday , bank nifty made a high right near 43500 and hit low at lower decision range at 43100. Afternoon volatility was on expected lines ( refer to y'day post ) and mkt easily went on to hit lower range , thereby giving massive 4x returns within a span of 40 min. Traders interested in going long from lower end made 2x or wherever they seem ok to...

Bigbear2022

As discussed y'day Bank Nifty hit a morning high near 43280 and made low near 42900. It was on expected lines and easy entry exits were made without any drama. Puts went 3x , those who tried calls at support got another 3x easily. Decision range 43103-43200 Support for the day 42952 Resistance for the day 43436 Expectations Market will remain highly...

Bigbear2022

As discussed in morning Nifty easily crossed ATH and remained in a narrow range puncturing put options. Nifty remains in a range bound environment for 4-5 sessions more with one impending sell off on expiry day +- 1. Decision range 43063-43124 Support for the day 42909 Resistance for the day 43246 Expectations One sell off is expected near expiry ,...

Bigbear2022

As discussed yesterday bank nifty made a high of 40643 against our projection of 40612 and made a low of 40195 against our projection of 40136. market remained in a tight range within the levels. Option buyers are on leave till friday , sellers are happy selling strangle and enjoying life Decision Range 40376-40444 Support for the day 40143 Resistance for...

Bigbear2022

As discussed in morning , shorting is not very fruitful for another 2-3 sessions , mkt remained in tight range gearing up for an extended move tomorrow. Short side trading should be initiated on friday or monday Decision range 40277-40342 Support for the day 40136 Resistance for the day 40612 Expectations / trading idea Market is expected to trade in...

Bigbear2022

As discussed yesterday market moved linear below decision range and got exact reversal at mid day , taking calls higher by 3x-4x depending on strike , we are positioned in 38500 CE anticipating reversal during day and good gains were made. Decision range 38683-38751 Support for the day 38370 Resistance for the day 38997 Expectations / Trading ideas...

Bigbear2022

As discussed yesterday Bank nifty remaining volatile in the decision range. Selling upper range and buying lower range is working fine. Institutional support lying at 38415. Many of you asked to post some guidelines. 1. Determine nature of day - Trend day - occur 10% of time - option buyers make/lose big money Volatile range - occur 20% of time - hit and run...

Bigbear2022

As discussed yesterday , bank Nifty remained volatile in the session , hitting lows near support of 38602. Option decay was high , call shorts yielded 50-60% easily without much trouble. Put buyers made some money in last hour but most people squared before 3 pm Decision range 38730-38898 Resistance for the day 39009 Support for the day 38415 Expectations...

Bigbear2022

As discussed on friday , Bank nifty closing in a small range today , mkt found support at lower levels only to stop near our resistance level of 39342. Market corrected post lunch to find support again at our support levels ( refer to friday post for levels) Decision range 38910-39023 Support for the day 38602 Resistance for the day 39440 Expectations...

Bigbear2022

As discussed y'day mkt remained in very small range throughout day with little window for any big gain. Nifty and bank Nifty closed nearly flat. Monday rangebound movement will continue without any surprises during day Decision range 39027-39125 Support for the day 38895 Resistance for the day 39342 Expectations for the day / trading ideas Monday range...

Bigbear2022

As discussed day before y'day bank nifty opened higher closing near resistance level for the day with expiry near 39300 as expected. Over all trading was range bound throughout day with options giving limited movement. Option sellers got in profit before lunch itself. Decision range 39318-39420 Resistance for the day 39511 Support for the day 39129...

Bigbear2022

As discussed over last 3 days , breakaway rally in bank nifty futures is inevitable as FII were shorting puts from last week. We also shorted puts heavily on dip y'day and markets rallied today without a blip all day. Decision range 38857- 39040 Resistance for the day 39338 Support for the day 38675 Expectations / strategy Buying near support should...

Bigbear2022

As discussed y'day Bank Nifty made a morning low around 38840 and rallied around 500 pts before put premiums was brought down to earth. Market got sold near decision range to end up lower in afternoon. Put premiums are again on heavier side now , so higher level expiry is possible. Decision range 37839-37892 Support for the day 37453 Resistance for the day...