@AP AP sir, when would be a good time to enter? on another follow through DBS?
AP Sir, its better to wait for anchor column FT or can enter on Anchor column at 0 just like 18800 straddle in same column since last 5 days.?
Have entered the 18750 Straddle yesterday. Good decay today. @AP What should be a good time to shift the straddle positions, only reversal on MAST or certain x % imbalance in premiums or if spot has moved atleast 200 points away, etc?
@Yogender Panwar one hack is to go to 0.25% box size and then a CR after a column of X if is there
@Anil Bilawala on imbalance due to a 100-150 pts move in Nifty, but keep an eye on higher and lower straddles also (more often than not, they also have a story to tell, about an impending move)
@Deven Shah right time was the DBS yesterday, now, maybe after a column of X and THEN a column reversal, so sl is that much closer
@AP Great. Thanks for the insight
@AP What should one observe and how to interpret the patterns to assess the impending move?
I had entered 18900 straddle on 19th at 508. I had chosen a higher strike due to a bullish view.
@Anil Bilawala if a higher straddle is bearish, that means Nifty is bullish, since it is PE heavy and going down, which means the PE is taking the straddle down. This means Nifty is bullish
Higher straddle is bearish and lower straddle bullish, This Means Nifty is bullish momentum.
@AP Thanks for your insights
Dear @AP Can we enter 19200 Straddle now, or should we wait?
@AP AP sir, How about 19000 JUL Column Reversal? Please guide.
@Soujanya Holkar Sorry, was busy whole day. Right now Nifty is in momentum, maybe you can check on Friday after a couple of hrs
@Anil Bilawala Sorry, was busy whole day. Right now Nifty is in momentum, maybe you can check on Friday after a couple of hrs