Options Trading Education, Workshop and Tools for an Indian market.

NIFTY BANKNIFTY Option Trading Training

Learn Options Trading from Trader

Our workshop is throughly designed and we have already trained 100s of traders across India and overseas.

NIFTY BANKNIFTY Option Trading Training

Learn Options Trading from Trader

As part of workshop, you will receive premium tools that will help you to take correct decision. It validates Option Greeks and other trade parameters too.

Best and Free Options Aalysis Tool OptionsOracle NSE Plugin by Santosh Kumar Pasi

Learn Options Trading from Trader

Training during weekends only, please contact me for further details.

Indian Market Option Trading Training

Learn Options Trading from Trader

Post training, trade setups are provided for three months to recover training fees as profit from trades. We also provide support for three months to clarify any doubts. Contact me for other features of training.

Advanced Options Strategy Training Indian Market

Learn Options Trading from Trader

Training content are precisely made considering Indian market. You will master directional and non-directional strategies. With these, you can trade in any market conditions.

Advanced Options Strategy Training Indian Market

Learn Options Trading from Trader

Learn how to adjust strategies with simple concept, to lock profit and minimise loss!!!

Advanced Options Strategy Training Indian Market

Past workshops

Participants includes full time traders, brokers and sub-brokers, professionals and retired personnel.

Introduction of Futures and Options Contracts on Nifty CPSE Index

NSE has got approval to launch another index NIFTYCPSE starting Dec 30, 2016.

NIFTYCPSE consists of 10 Central Public Sector Enterprises (CPSE). 

Here are list of 10 CPSE:
1 Bharat Electronics Ltd. (BEL) 
2 Coal India Ltd. (COALINDIA)
3 Container Corporation of India Ltd. (CONCOR)
4 Engineers India Ltd. (ENGINERSIN)
5 GAIL (India) Ltd. (GAIL)
6 Indian Oil Corporation Ltd. (IOC)
7 Oil & Natural Gas Corporation Ltd. (ONGC) 
8 Oil India Ltd. (OIL) 
9 Power Finance Corporation Ltd. (PFC)
10 Rural Electrification Corporation Ltd. (RECLTD) 

Trading cycle: Weekly and Monthly (like BankNIFTY)

OptionsOracle will support this starting next release we have planned by first/second week of Jan.


More details are available here:
https://www.nseindia.com/content/circulars/FAOP33839.pdf



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OptionsOracle and OpStrater Updates - 20161208

Changelog:

OpStrater
1. If range fails, now OpStrater will show what is minimum range required.
2. Also Stop Loss are changed automatically when resistance and support levels are updated.

Additionally "Options Strategy Premium Tool" is updated to have two version of OptionsOracle. The "OptionsOracle Advance" will support USDINR with authorization. And "OptionsOracle" is standard faster version without authorization.



OptionsOracle
1. Minor change in the action of Graph button. There was bug that is removed now.
2. Default configuration slightly updated.

If you are looking for some new features, please share it here. We will try to add those in future releases.


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OpStrater: The Options Strategy Trade Planner (Quick Start Guide Video)



OpStrater is one stop solution to manage life cycle of Options Strategy Trade.

It has following tools:
1. Strategy Decision Maker (VIX)
2. Strategy Decision Maker (HV-IV)
3. Strategy Trade Manager
4. Options Morphing

Here is quick start video



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OpStrater: The Options Strategy Trade Organizer


On Occasion of Deepawali, we are pleased to release tool "OpStrater: The Options Strategy Trade Organizer".

OpStrater is set of following tools:
1. Strategy Decision Maker (VIX based)
2. Strategy Decision Maker (HV-IV based)
3. Strategy Trade Manager 
4. Options Strategy Morphing

It also includes OptionsOracle with USDINR option chain support.
  • Strategy Decision Maker (VIX), it recommends Option strategies based on analyzing INDIA VIX. Its recommendations can be used for NIFTY and BankNIFTY Option Analysis.
  • Strategy Decision Maker (HV-IV), it recommends Option strategies based on analyzing volatility.Based on script selected it can be used for Index or NIFTY 50 scripts.
  • One hour session on effectively using "OptionsOracle India Plugin" and "OpStrater" excluding "Strategy Trade Manager". Session is provided using screen sharing within first 30 days. 
  • One year Technical Support for "OpStrater" and "OptionsOracle NSE Plugin" experimental feature features (remote support only)
  • Option Basics Guide (PDF document - Covers first module of Options Trading Course)
  • "Strategy Trade Manager" is provided as complimentary tool under premium edition. Support for this tool is not provided in premium edition and will not be covered in one hour session. Session on effectively use of this tool is provided during workshop.


Here are screenshots:

Strategy Decision Maker (VIX):

 Strategy Decision Maker (HV-IV):

Strategy Trade Manager with sample trade setup:


Options Morphing:

About US and Logoff:

OptionsOracle India plugin with USDINR support:



Video:



Access:
Please note Google ID or FaceBook ID is required for authentication and authorization. If you don't have Google ID or FaceBook ID, you have to create one.

This tool is for personal and standard use for authorized user only and not to be shared with others or public. If it is shared or some one attempts reverse engineering on tool, we will remove access without prior notice. Fee paid will not be returned on violation of terms and conditions.

Workshop Participants:
Yes, workshop participants will get this tool free of cost as complementary for participating in workshop with support for 1 year.

Premium Users:
They will get OpStrater with all features enabled, with following terms and conditions:

1.  Complete package of OpStrater as listed above.
2. OptionsOracle with USDINR option chain support will be provided.
3.  You will receive PDF of module 1(Options basics) of workshop,  
4. You will receive one hour online session to go through basic functionality of tools (excluding "Strategy Trade Manager").
5.  One year technical support for tools.
6. "Strategy Trade Manager" is provided as complimentary tool to premium users. Support for this tool is not provided in premium edition and will not be covered in one hour session. Session on effectively use of this tool is covered under workshop.

If tool expires (for known or unknown reason) within a year, upgrade will be provided free of cost.

Happy Diwali to All :-)








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OptionsOracle Slower and Faster Version Updates


OptionsOracle India Plugin 1.8.5 (Slower version) and 1.8.7 (Faster version) are updated for better screen size. 

If you are user of slower version, kindly update it from below download link.

Download

To download faster version, please join Facebook Group



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OptionsOracle India Plugin (V 1.8.7) Release



Wishing all fellow traders and all a Very Happy Independence Day.







On this occasion, I'm releasing OptionsOracle India Plugin Version 1.8.7.





All credit goes to original team of Samoasky (specially Shlomo Shachar and Oren Moshe)


Thank you for all near and dear ones, including family members, colleagues, participants of "Options Strategy Workshop" and users of "Options Strategy Premium Tools" and members of blog and FB group members for supporting and encouraging us.


This update is based on feedback (webinar) from Rajandran of MarketCall (www.marketcalls.in). He correctly pointed out that in PCR, currently it combines all series data and shows graph. Instead for our market, we should only consider current series data. Hence is this upgrade.



Kindly read and understand EULA (End User License Agreement), it is applicable for all version of OptionsOracle updated by me.



It consist of two agreements:
1. PASI TECHNOLOGIES SOFTWARE END USER LICENSE AGREEMENT
2. OptionsOracle License

EULA details are available on my earlier post:

OptionsOracle is now available in three formats/packages, based on your choice you can opt any:
1. OptionsOracle India Plugin - Slower Version (1.8.5)
2. OptionsOracle India Plugin - Faster Version (1.8.7)
3. Options Strategy Premium Tool  Version (1.8.8)

Check menu "Options Trading" and  "Tool" to download. 

Main differences:
OptionsOracle India Plugin - Slower Version V. 1.8.5
It is based earlier codes, PCR (PUT CALL Ratio) original codes.



OptionsOracle India Plugin - Faster Version V. 1.8.7

It is based on updated codes, PCR (PUT CALL Ratio) shows data considering only expiry series. 

It download comparatively smaller subset of data, so is faster. 
This will be available for download starting August 15, 2016.



Options Strategy Premium Tool Version 1.8.8

This is combo pack consists of mainly:

  • Strategy Decision Maker
  • One hour session on effectively using tools
  • Support Services
  • Option Basics Guide (Module - 1) 
  • OptionsOracle India Plugin (choice)
Here user can opt one of two version of OptionsOracle:
1. OptionsOracle India Plugin - Faster Version 1.8.7 or
2. OptionsOracle India Plugin - Faster Version 1.8.7 with beta features.



Beta features are:

1. Support for USDINR Option chain



Please Note:

1. None of original features are removed from OptionsOracle. 

2. PCR codes in Faster Version is updated. Slower version still has default PCR.
3. Plugin codes are changed.
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OptionsOracle India Plugin Updates


OptionsOracle NSE Plugin (Slower Version) has got installer. It will auto-configure templates. So no more manual efforts to configure it.

It is available at same old link:
http://www.pasitechnologies.com/2015/11/optionsoracle-nse-plugin-v-185.html

You need to download and install it.
It is normal Windows Installer. 

Kindly read and understand EULA (End User License Agreement).

It consist of two agreements:
1. PASI TECHNOLOGIES SOFTWARE END USER LICENSE AGREEMENT
2. OptionsOracle License

EULA details are available on my earlier post:
http://www.pasitechnologies.com/2016/08/software-end-user-license-agreement.html

Going forward, OptionsOracle will be available in three formats/packages:

1. OptionsOracle India Plugin - Slower Version (1.8.5)
2. OptionsOracle India Plugin - Faster Version (1.8.7)
3. Options Strategy Premium Tool  Version 1.8.8

Main differences:
OptionsOracle India Plugin - Slower Version 
It is based earlier codes, PCR (PUT CALL Ratio) original codes.


OptionsOracle India Plugin - Faster Version 
It is based on updated codes, PCR (PUT CALL Ratio) shows data considering only latest (CURRENT) expiry series. 
It download comparatively smaller subset of data, so is faster. 
This will be available for download starting August 15, 2016.


Options Strategy Premium Tool Version 1.8.8
This is combo pack consists of mainly:

  • Strategy Decision Maker
  • one hour session on effectively using tools
  • Support Services
  • Option Basics Guide (Module - 1) 
  • OptionsOracle

Here user can opt one of two version of OptionsOracle:
1. OptionsOracle India Plugin - Faster Version 1.8.7 or
2. OptionsOracle India Plugin - Faster Version  with beta features.

Beta features are:
1. Uses different protocol to download data, and downloads smaller subset of data. 
2. Support for USDINR Option chain
3. PCR with multiple series, so instead of just seeing charts for last series, user can see charts even for NEXT, FAR and all available series.




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OptionsOracle India Plugin: Beta Features


Enhancement: PUT CALL Ratio by Strike by Expiration

The current version of OptionsOracle while showing PUT CALL RATIO (PCR) by Strike combines all expiration data and shows result, instead of showing it by per expiration series or current expiration series.

I'm releasing OptionsOracle NSE Plugin Premium.

PUT CALL RATIO (PCR) by Strike for July Series:

PUT CALL RATIO (PCR) by Strike for August Series:

PUT CALL RATIO (PCR) by Strike and List of Expiration Series to select:

NSE NIFTY Option chain page to compare result:


We'll start updating current "Premium Package Users" and "Options Workshop Participants" with this update, this may take around 10 days.


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SOFTWARE END USER LICENSE AGREEMENT


Here are End-User Licenses applicable to you if you are using OptionsOracle published/delivered by Pasi Technologies or Santosh Kumar Pasi:


SOFTWARE END USER LICENSE AGREEMENT

It consist of two agreements:
1. PASI TECHNOLOGIES SOFTWARE END USER LICENSE AGREEMENT
2. OptionsOracle License

For OptionsOracle, both above agreement are applicable.

For any other tools (e.g. OpStrater and any component) only first agreement  i.e. "PASI TECHNOLOGIES SOFTWARE END USER LICENSE AGREEMENT" is applicable. 

If you are not comfortable and not in agreement with our license terms then you are not authorize to use any of our tools. In this case, kindly uninstall our tools immediately.



PASI TECHNOLOGIES SOFTWARE END USER LICENSE AGREEMENT


Pasi Technologies is willing to license the software (defined below) to you only upon the condition that you accept all of the terms contained in this End User License Agreement (“EULA”). This EULA is a legal agreement between you and Pasi Technologies. Read it carefully before completing the installation process and/or using the software. By using the software you acknowledge that you have read the terms of the EULA and agree to them. If you are agreeing to these terms on behalf of a company or other legal entity, you represent that you have the legal authority to bind the legal entity to these terms. If you do not have such authority, or if you do not wish to be bound by the terms, then you cannot use the software identified below or any other media on which the software is contained.

DEFINITIONS.

Software. Software is defined as downloadable executable applications, libraries and APIs including but not limited to OptionsOracle and OptionsOracle Plugin and any other software, updates or error corrections provided by Pasi Technologies. Software also includes any data, media, files, user manuals, programming guides, signals, messages, alerts and other documentation provided (or otherwise disseminated) to you by Pasi Technologies.

License. License is defined as a limited, revocable, non-sublicenseable, non-exclusive, non-transferable right to use software granted to you.

The software is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is your responsibility to ascertain the terms of the EULA and comply with any local law or regulation to which you are subject. You shall not use or permit anyone to use the software for any unlawful or unauthorized purpose.

RISKS. As a condition to this license, you understand and agree that your download and/or use of the software will expose you to risks associated with the download and/or use of software that may not be compatible with your computer equipment. You hereby agree to accept such risks including but not limited to failure of or damage to hardware, software, communication lines or systems, and/or other computer equipment. Pasi Technologies expressly disclaims any liability with respect to the foregoing, and you agree to fully indemnify, defend and hold harmless Pasi Technologies from any and all damages, liabilities, losses, costs and expenses that may arise therefrom.

CONSENT TO USE OF DATA. You agree that Pasi Technologies may collect and use technical data and related information including but not limited to technical information about your computer, system and application software, and peripherals, that is gathered periodically to facilitate the provision of software updates, product support and other services to you (if any) related to this EULA.

LINKS TO THIRD PARTY CONTENT. You may be linked to third-party content through the use of the software. The third-party sites are not under the control of Pasi Technologies, and Pasi Technologies is not responsible for the contents of any third-party sites, any links contained in third-party sites, or any changes or updates to third-party sites. Inclusion of any link does not imply an endorsement by Pasi Technologies of the third-party site.

Certain third-party information transmitted in the software may require additional approvals by the vendor or third party that supplies such information. You are responsible for applying to and receiving such written approval by the required third party and paying any fees or charges where applicable.

TERMINATION. The license granted to you under this EULA can be terminated by Pasi Technologies at any time without notice, with or without cause. Pasi Technologies reserves the right to terminate your rights under this license without notice from Pasi Technologies if you fail to comply with any terms of this EULA. Upon termination of the license, you shall cease all use of the software, and destroy all copies, full or partial, of the software. Notice of termination of license may be notified on online on Pasi Technologies web site or associated blogs, social sites and any other medium. It is your responsibility to see updates on Pasi Technologies and associated blogs, social sites for any notification.

NO WARRANTY: Pasi Technologies does not make any express or implied warranties about the software, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The software is made available to you "as is" and "as available," and Pasi Technologies does not warrant that any defects or inaccuracies will be corrected. Pasi Technologies does not warrant that the software will meet your needs, or that your use will be uninterrupted, timely, secure or error-free. Pasi Technologies also makes no warranty that the results obtained from the use of the software will be accurate or reliable, or that the quality of any products, services, information or other material related to the software will meet your expectations. No oral or written information or advice given by Pasi Technologies or its authorized representative shall create a warranty. Pasi Technologies and its third-party content providers, third-party licensors and any affiliates thereof do not make any express or implied warranties regarding the accuracy or timeliness of any and all information provided via the software. Some jurisdictions do not allow the exclusion of implied warranties or limitations on applicable statutory rights of a consumer, so the above exclusion and limitations may not apply to you.


LIMITATION OF LIABILITY: To the extent permissible by law, in no event shall Pasi Technologies, any third-party content provider, any third-party licensor or any affiliate thereof be liable for personal injury, or any incidental, special, indirect or consequential damages whatsoever including but not limited to damages for loss of profits, loss of data, business interruption or any other commercial damages or losses (“losses”), arising out of or related to your use or inability to use the software, however caused, regardless of the theory of liability (contract, tort or otherwise), and even if Pasi Technologies, any third-party content provider, any third-party licensor or any affiliates thereof have been advised of the possibility of such damages. Furthermore, except as otherwise required by law, Pasi Technologies will not be liable to you or anyone else for any loss resulting from a cause over which Pasi Technologies does not have direct control. This includes failure of electronic or mechanical equipment or communications lines (including telephone, cable and internet), unauthorized access, viruses, theft, operator errors, severe or extraordinary weather (flood, earthquake), fire, war, insurrection, terrorist act, riot, labor dispute and other labor problems, accident, emergency or action of government. Some jurisdictions do not allow the limitation of liability for personal injury, or of incidental or consequential damages, so this limitation may not apply to you. Use of any third-party software will be governed by the applicable license agreement, if any, with such third party. Pasi Technologies is not responsible for any third-party software and will have no liability of any kind for losses resulting from your use of such third-party software with Pasi Technologies’ software. Pasi Technologies makes no warranty of any kind with respect to such third-party software.

Pasi Technologies keeps rights to update this licenses as required.



OptionsOracle License
=====================

Except where otherwise noted, all of the documentation and software included in the OptionsOracle Setup package is copyrighted by SamoaSky.

Copyright (C) 2006-2007 SamoaSky. All rights reserved.

This software is provided "as-is," without any express or implied warranty. In no event shall the author be held liable for any damages arising from the use of this software.

Permission is granted to anyone to use this software for any purpose, including commercial applications, and to alter and redistribute it,
provided that the following conditions are met:

1. All redistributions of source code files must retain all copyright notices that are currently in place, and this list of conditions without modification.

2. All redistributions in binary form must retain all occurrences of the above copyright notice and web site addresses that are currently in place (for example, in the About boxes).

3. The origin of this software must not be misrepresented; you must not claim that you wrote the original software. If you use this software to distribute a product, an acknowledgment in the product documentation would be appreciated but is not required.

4. Modified versions in source or binary form must be plainly marked as such, and must not be misrepresented as being the original software.

5. Quotes and Stock information provided by the software might be delayed or incorrect.

6. User should verify all calculations manually and advise his broker for actual quote prices.

7. The autors keep the right the stop the online support for the software at any time, and without any advance notice. Since the software operation relays on online support, such cease of support will make it inoperable.

SamoaSky

http://www.samoasky.com

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Be aware of Rumors ...


Don't believe in rumors.

First do your home work before spreading rumors.

It has come to my notice that few nuisance people are intentionally spreading rumors about me. They are using nicknames and don't have professionalism to interact with me directly. Seems their businesses are impacted because of my and other trainer's training effort. Their intentions are to keep users uneducated and keep away from tools, so that people can rely on them for various paid subscription based services. They want you to spend 20k to 30k year after year on their subscription which is worth nothing.

They are trying all types of tricks ... down and uptickr and cheater, s**t shistha-kushista, barks and brays, post and reposts, tweets and retweets ... to discourage us for providing free access to tool, working on commercial products and imparting trading education. We will not be discouraged with their malicious intention instead we are further motivated and will enhance tools and continue educating as much as possible. This(these) nuisance person and associated organisation wants us to rely on their paid subscription based information/analysis services.

Instead of arguing with them, taking actions and showing reactions to them, and in turn coming down to their low level, it is better to ignore them.  Earlier I was not active on some social sites, but now I'm active on them too because of these nuisance person and associated organization. No revenge trading ;-) 

Let them shout, we are least bother about them. They are immature, and will take longer than average to get mature enough.  We have our own priorities and no time to entertain them or train them. Options Oracle will continue to be available to all as it is now.

Check original author's license requirements, it takes precedence over anything else. And I'm just following Original Author's license condition.


Here are OptionsOracle license from Original Author (Shlomo Shachar)

You can see it online at URL:

https://sourceforge.net/p/optionsoracle/code/ci/master/tree/OptionsOracle/license.txt







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OptionsOracle India Plugin (V 1.8.7) Changes


OptionsOracle NSE Plugin Version 1.8.6 is planned to be released on August 15, unless there is any last moment issues.

Features:

  • All features as in old version
  • PCR (Put Call Ratio) codes are updated to show current series data instead of combining all series data.
  • It will be installer based, so I can pre-configure templates and provide links for training, support and other tools.
  • While installation, it will show license conditions from me and as well as from original authors, kindly read it thoroughly and understand it before accepting.

Here are updates:




Few Screenshots:

Version details:



2. PCR for current series, yes it will show details for current series only, not for NEXT or FAR.




3. Template support, out of box. You don't need to configure manually.

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Enhancement in OptionsOracle








Kindly LIKE Facebook page to know more about the enhancement.

Facebook Page: Option Training Program
Facebook Group: Option Trading Course  

The download will be available to users who LIKED and are member of my Facebook Group.
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OptionsOracle: Margin Settings for NIFTY & BANKNIFTY


I have received few queries regarding setting up Margin requirements in OptionsOracle.

Default margin settings follows CBOE margin requirements and not good for our market.

We have to make following changes to show NIFTY/BANKNIFTY margin requirements (8% of underlying asset).

Click on Config -> Margin.

We have to make parameter change for different conditions. 

Here is sample conditions applicable for NIFTY and BankNIFTY Options or any script with 8% margin requirements:

1. Long Stock: of 100% Cost
2. Long Call: of 100% Cost
3. Long Put: of 100% Cost
4. Short Naked Stock: of 100% Underlying Stock Price
5. Short Naked Call: of 8% Underlying Stock Price
6. Short Naked Put: of 8% Underlying Stock Price
7. Short Covered Stock: of 100% Maximum Loss Risk
8. Short Covered Call: of 100% Underlying Stock Price
9. Short Covered Put:of 100% Underlying Stock Price
10. Short Put Covered By Short Call: of 8% Underlying Stock Price
11. Short Call Covered By Short Put: of 8% Underlying Stock Price
12. Short Put Spread Covered By Short Call Spread: of 100% Zero
13. Short Call Spread Covered By Short Put Spread: of 100% Zero

Few screenshots:











Hope it helps. Consider above as references.


If you are premium customer and facing issue is configuring above, please let me know. I shall configure it for you.

Don't forget to like our facebook page.

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OptionsOracle NSE Plugin Updates - 20160529


I have updated OptionsOracle NSE Plugin with following changes:

  • Now it shows 10 Expiry Buttons at top right. 
  • Expiry buttons is shown in date and month format (e.g. 29 Jun) instead of earlier month and year (e.g. Jun 16).

Both these changes will help specially considering BankNIFTY weekly contracts.

Same old link can be used to download updated version. Follow earlier process to install.


Don't forget to like our facebook page.


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Strategy Decision Maker for NIFTY and BankNIFTY


Strategy Decision Maker version 1.0 is added as addition tool in OptionsOracle NSE Plugin Premium combo pack.

Strategy Decision Maker analysis INDIA VIX and recommends Options Strategies suitable for current volatility.

Strategy Decision Maker answers whether you will be buyer or seller of Options.

It can be used for NIFTY and BankNIFTY Options strategy recommendations. However Strategy Decision Maker suggestions should not be used for Stock Option trading, as INDIA VIX doesn't represent volatility of individual Stocks.

Based on recommendations from Strategy Decision Maker, we need to analyse other parameters (e.g. Risk Rewards, Option Greeks, etc.) before initiating Option trades.

Earlier this tool was Excel based, now it is Windows application and completely automated. 

Options Workshop participants will receive both version of Strategy Decision Maker (Windows application and Excel based tool). Excel version will be used for other Stock Option strategy analysis and other parameters.


Don't forget to like our facebook page.

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Weekly Options contracts on BANKNIFTY Index



Based on NSE Circular, NSE will introduce weekly options contracts on Bank Nifty index from May 27.

Weekly Bank Nifty contracts will expire on the every Thursday of week. 
In case, Thursday is a trading holiday, the contracts will expire on the previous trading day.

This will increase Bank Nifty volume and more Options trading overall.

Here is snapshot of circular: 



I hope in future, NSE will allow Weekly Options Contracts for more scripts including NIFTY and other indexes.

Also NSE should consider longer duration contracts (six months or longer) for Stocks and other indexes. At the moment only NIFTY has longer duration contracts.


For Advanced Options Strategy Trading Course (NIFTY, BankNIFTY, NSE Stocks), check Training  -> Option Trading. It's 2 days workshop.
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Option Trades - 201604-1 (Nifty Option Strategy Trade)


Here is trade idea based on tool "Strategy Decision Maker". It recommended strategy "Calendar Spread".

If you are not sure what is "Calendar Spread" or other options strategies, you can join my Options Trading workshop

Here is strategy:

NIFTY MAY16 CE 7600 (S) @ 222
NIFTY JUN16 CE 7600 (L) @ 277

Best and Free Options Strategy Tool for Indian market OptionsOracle

Best and Free Options Strategy Analysis Tool for Indian market OptionsOracle


Breakevens (lower side) : 7307
Breakevens (higher side) : 7915

Max Loss Potential (in points): -63
Max Profit Potential (in points): 111

Risk Reward ratio is just 1:1.7

Note before you take trade:
  1. You should be comfortable with maximum loss mentioned above.
  2. If you are new to Option trading or doesn't know how to adjust trade or greeks, close all positions as soon as your positions shows profit near 1/3rd of maximum profit potential.
  3. Excel based tools "Strategy Decision Maker" and "Strategy Trade Manager" is exclusively available to participants who takes my course in "Options Trading".
Disclaimer:
  1. You can take similar trade in a day or two, provided you get same or higher Risk Reward Ratio, and other greek remains same.
  2. Please use is at your own risk.
  3. I'll not be responsible for any risk or damage to your system or data or wealth or health or what so ever.

In case of query, feel free to contact me.
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Option Trades - 201603-1 (Nifty Option Strategy Trade)

Iron-Butterfly
This strategy is to take benefit of theta, this weekend and long weekends next week.

Here is strategy:
NIFTY MAR16 CE 7800 (L) @ 12
NIFTY MAR16 CE 7600 (S) @ 73
NIFTY MAR16 PE 7600 (S) @ 69
NIFTY MAR16 PE 7400 (L) @ 20



Best and Free Options Strategy Tool for Indian market OptionsOracle

Best and Free Options Strategy Analysis Tool for Indian market OptionsOracle

Breakevens (lower side) : 7490
Breakevens (higher side) : 7710

Max Loss Potential (in points): -90
Max Profit Potential (in points): 110

Note Risk Reward ratio is just 1:1.2, it may require adjustment. If NIFTY touches either 7450 or 7750, we will square-off body of IB (i.e both CE and PE 7600). Only wings of IB (i.e. PE 7800 and CE 7400) will be left.

For Advanced Options Strategy Trading Course (NIFTY, BankNIFTY, NSE Stocks), check Training -> Option Trading. It's 2 days workshop.


Disclaimer:
  1. Please use is at your own risk.
  2. You can take similar trade in a day or two, provided you get same or higher Risk Reward Ratio, and other greek remains same.
  3. I'll not be responsible for any risk or damage to your system or data or wealth or health or what so ever.
  4. In case of query, feel free to contact me.
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Custom Indicators in OptionsOracle

OptionsOracle provides ability to add up to two indicators. These indicators can be seen in Greek mode. Based on your requirement, you have to write your own formula.

One of our reader requested, they need "Time to Expiry" column to be added in Options Chain view.

Let's quickly find out solution to this using Indicators.

Click on Config -> Indicators

Technical analysis training,share market events in Mumbai


Let's add formula in Equation field:
Math.ceil(Option.TimeToExpiration*366)

Option.TimeToExpiration is variable to find TimeToExpiration, but it shows result in terms of year. But we need result to be displayed in days (like 20 days) and not in years (0.054 years). So we have to multiply it by 365 days.

Even after multiplying it by 365, it may shows result considering decimal value (example 19.20 days) that's difficult for us to digest. Instead we will prefer to round off to higher number. This can be done using maths function ceil.

In screenshot, Format N0 (N and number 0) means show me result in Integers without any decimals.

Learn how to trade options in India

Save it and just enable Greek view by clicking GRK button. Here is result. Please see last column.

Learn to invest money trading options

Hope it helps you.

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Top 40 Options Trading Blogs Winners

Options Trading Blogs

TWO DAYS WORKSHOP SCHEDULE

PLANNED WORKSHOPS:

Mumbai (Enrollment Closed):
November 17 & 18 (09:30 to 06:30)
(Saturday and Sunday)
Venue: Andheri (E).
Fee: -

Mumbai (8 seats are available):
December 8 & 9 (09:30 to 06:30)
(Saturday and Sunday)
Venue: Yet to be finalized.
Fee: Rs 16,000 (Early-bird)

Bengaluru:
December 15 & 16 (09:30 to 06:30)
(Saturday and Sunday)
Venue: Yet to be finalized.
Fee: Rs 16,000 (Early-bird)

Online (3 seats are available):
December 29 & 30 (10:00 to 06:30)
(Saturday and Sunday)
Fee: Rs 16,000 (Early-bird)

Pune:
January 12 & 13 (09:30 to 06:30)
(Saturday and Sunday)
Venue: Yet to be finalized.
Fee: Rs 16,000 (Early-bird)

Chennai:
January 19 & 20 (10:00 to 06:30)
(Saturday and Sunday)
Fee: Rs 16,000 (Early-bird)

Delhi:
February 2 & 3 (10:00 to 06:30)
(Saturday and Sunday)
Fee: Rs 16,000 (Early-bird)

Hyderabad:
February 9 & 10 (10:00 to 06:30)
(Saturday and Sunday)
Fee: Rs 16,000 (Early-bird)

For online mode, if earlier weekends are available, we can prepone it, if mutually agreed. As we have limited seat for online mode, it is generally booked well in advance.

For classroom mode, if you wish to postpone, inform us at least two days in advance.

OTHER LOCATIONS:

Minimum 5 confirmations are required to plan the workshop in any city.

PRIVATE/CORPORATE Exclusive:

Minimum 10 participants are required.

FEES:

Group fee: Rs. 14,500
Early bird fee: Rs. 16,000
Standard fee: Rs. 17,500
(FREE tools worth Rs. 5115)
(GST 18% extra)

Retake/Refresh fee: Rs. 3,540
(Classroom retake only)

CONTACT US:

CALL/SMS/WhatsApp on 98202.00550.

About Me

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I'm Options Trader, Trainer as well as IT Security Professional having 18 years of experience.

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