7 Tweets 280 reads Jul 04, 2021
Thread on
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
(1/n)
-Trade timing after 9:45
-Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side
-We will sell both strikes with combined premium as SL on both legs.
(2/n)
28th June 2021
BN open-35440
At 9:45 trading at 35350
Highest OI in call side at 35500 CE and 35000 at put side
Strike selection 35500 CE- 35000 PE
(3/n)
29th June 2021
BN open-35323
At 9:45 trading at 35112
Highest OI in call side at 35300 CE and 35000 at put side
Strike selection 35300 CE (232) - 35000 PE (150) Combined premium 382 , Both legs SL 382
(4/n)
30th June 2021
BN open-35030
At 9:45 trading at 35002
Highest OI in call side at 35000 CE and 35000 at put side
Strike selection 35000 CE(176)- 35000 PE(213) Combined premium 389 , Both legs SL 389
(5/n)
01st July 2021
BN open-34832
At 9:45 trading at 34831
Highest OI in call side at 35000 CE and 34500 PE
Strike selection 35000 CE (42)- 34500 PE (23), Combined premium 66 , Both legs SL 66
(6/n)
02nd July 2021
BN open-34790
At 9:45 trading at 34740
Highest OI in call side at 35000 CE and 34500 PE
Strike selection 35000 CE (196)- 34500 PE (225) Combined premium 421 , Both legs SL 421
(n/n)
@AdityaTodmal In weekend you have spend good time for novice trader,

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