{"id":6268,"date":"2018-10-08T22:15:41","date_gmt":"2018-10-08T16:45:41","guid":{"rendered":"https:\/\/unofficed.com\/theta\/?p=6268"},"modified":"2018-10-09T22:16:03","modified_gmt":"2018-10-09T16:46:03","slug":"whats-your-opinion-of-the-next-move-of-nifty-50-in-this-expiry","status":"publish","type":"post","link":"https:\/\/unofficed.com\/theta\/whats-your-opinion-of-the-next-move-of-nifty-50-in-this-expiry\/","title":{"rendered":"What&#8217;s your opinion of the next move of Nifty 50 in this expiry?"},"content":{"rendered":"<p>Here is my position this week which <a href=\"https:\/\/unofficed.com\/trading-forum\">I shared on Slack<\/a> pre-RBI moment-<\/p>\n<p>Sell 2 lot 10200 PE at 103<br \/>\nBuy 1 lot 10400 PE at 147<br \/>\nHere goes the payoff graph &#8211;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6269\" src=\"https:\/\/unofficed.com\/theta\/wp-content\/uploads\/2018\/10\/main-qimg-7b35e28c2f8660fbe6f6ca94ad477fa2-1.png\" alt=\"nifty option\" width=\"1169\" height=\"390\" srcset=\"https:\/\/unofficed.com\/theta\/wp-content\/uploads\/2018\/10\/main-qimg-7b35e28c2f8660fbe6f6ca94ad477fa2-1.png 1169w, https:\/\/unofficed.com\/theta\/wp-content\/uploads\/2018\/10\/main-qimg-7b35e28c2f8660fbe6f6ca94ad477fa2-1-300x100.png 300w, https:\/\/unofficed.com\/theta\/wp-content\/uploads\/2018\/10\/main-qimg-7b35e28c2f8660fbe6f6ca94ad477fa2-1-768x256.png 768w, https:\/\/unofficed.com\/theta\/wp-content\/uploads\/2018\/10\/main-qimg-7b35e28c2f8660fbe6f6ca94ad477fa2-1-1024x342.png 1024w\" sizes=\"auto, (max-width: 1169px) 100vw, 1169px\" \/><\/p>\n<p>In case you want to visualize this, <a href=\"https:\/\/unofficed.com\/options-calculator\/?save_id=5bb73744de752880032505\">use this calculator.<\/a><\/p>\n<p><strong>I will make the loss if NIFTY breaks 9956.<\/strong><\/p>\n<p>View &#8211;<\/p>\n<ul>\n<li>Selling 2 lot 10200 PE and Buying 1 lot 10400 PE doesn&#8217;t mean we&#8217;re bearish or we&#8217;re bullish.<\/li>\n<li>The view is &#8211; I strongly believe seeing the short positions coming from FII section that 10000 should crack once like it did last time and the Market will rebound.<\/li>\n<li>So instead of 10000 PE, I took this position because\n<ul>\n<li>If it really does &#8211; for a brief moment we will be in profit enough to be able to exit the position.<\/li>\n<li>If it doesn\u2019t &#8211; We will be in profit anyways.<\/li>\n<\/ul>\n<\/li>\n<li>The chance of making loss lies if there is a gap down below the point of 9956 which is highly unlikely.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>This article explores our options trading idea on BankNIFTY options weekly series with a rationale and charts accounting proper bias to both fundamentals and technicals. <\/p>\n","protected":false},"author":1,"featured_media":6153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,47,48,49],"class_list":{"0":"post-6268","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade-setups","8":"tag-nifty-option","9":"tag-nifty-option-tips","10":"tag-nifty-tips","11":"tag-option-tips"},"_links":{"self":[{"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/posts\/6268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/comments?post=6268"}],"version-history":[{"count":1,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/posts\/6268\/revisions"}],"predecessor-version":[{"id":6270,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/posts\/6268\/revisions\/6270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/media\/6153"}],"wp:attachment":[{"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/media?parent=6268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/categories?post=6268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unofficed.com\/theta\/wp-json\/wp\/v2\/tags?post=6268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}