BankNifty BN Option Chain Analysis, Strangle Straddle Returns, Expected Movement – 21st January 2020

Our BankNifty Option Selling Strategy is explained here.

Our performance can be seen here. We made a profit close to 81% (on a capital of 15 lakh rupees) in 11 months. We provide training for options traders. Learn option trading and start earning a passive weekly/monthly income, make your own fortune!

21st January 2020

Key Levels for BankNifty SPOT to watch for – 30976, 31329, 31684, 32041, 32400, 32761, 33124 – these levels act as strong support/ resistance

Range – 31000 to 32000 – from the BankNifty Open Interest charts

Top 3 OI levels on the PE side – 31000 , 30500 , 30000

Top 3 OI levels on the CE side – 32000 , 31500 , 31800

Max Pain – 31400

Put-Call Ratio (PCR) – 0.56 (1.3 bearish reversal, 0.5 bullish reversal)

Explanation to this table here – http://bit.ly/nbn_optionchain

Also, this table is LIVE here – http://bit.ly/nbn_bnoptionchainlive

Strangle and Straddle Returns Table

Explanation to this table here – http://bit.ly/nbn_returnstable

Also, this table is LIVE here – http://bit.ly/nbn_bnreturnstablelive

BankNifty BN expected movement with 0.5 SD to 3.5 SD (Reference – Previous day’s closing price)

Explanation to this table here – NBN Standard Deviation Table explained

For any queries, do post your questions here in our QnA forum here – http://bit.ly/nbn_tradingqna )

Join our Telegram group now.
Join our WhatsApp group now to get live updates about BankNifty BN Options trading and more!

 

Please post your comments/ feedback in the section below. Thanks.

Leave a Comment

Your email address will not be published. Required fields are marked *