Advance Option Chain Calculator
Advance Option Chain Calculator
User Manual
July, 2023
Overview
Introducing AOC (Advance Option Chain) Calculator: Your Essential Tool for Intraday
Option Trading for NSE and MCX.
Advanced Option Chain Analysis: With AOC, traders gain access to a robust option
chain analysis tool that allows them to analyze option contracts for various stocks
and commodities listed on the NSE and MCX. The platform provides real-time data,
enabling users to stay updated with the latest market trends and movements.
Android App: For on-the-go traders, AOC offers an Android app available on the
Google Play Store at
https://play.google.com/store/apps/details?id=app.ltpcalculator.niftychain. This
mobile app ensures that traders can access critical market information anytime and
anywhere, making their trading journey more flexible and convenient.
Community Support and Webinars: AOC boasts an active and vibrant community on
YouTube and Telegram. Traders can engage with like-minded individuals, share
insights, and learn from each other's experiences. Additionally, Raj Shah, the brilliant
mind behind AOC, periodically goes live on YouTube during trading hours, offering
invaluable tips and analysis. Furthermore, he provides daily live webinars for free at
7:30 pm IST to the AOC community, ensuring traders stay informed and
well-prepared.
Evolution and Innovation: AOC has come a long way since its inception, thanks to the
continuous support and contributions from its dedicated community. The platform
has evolved drastically over time, incorporating innovative ideas and suggestions
from traders with diverse backgrounds and experiences. Raj Shah's excellent
programming knowledge has played a crucial role in refining and expanding the
capabilities of AOC.
Free to Use: AOC is committed to empowering traders by making its services entirely
free for day option trading on the NSE and MCX. This inclusivity encourages traders
of all levels to explore the platform's rich features without any financial barriers.
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Trading Rules Checklist
1. General Rules
a. Draw levels between 9:25 to 9:30 using AOC, this is valid for the whole
day. (Except on friday we may have to adjust these levels, check values
at 9:45AM to confirm).
b. Always trade on/from the levels.
c. Prefer CE from bottom and PE from top levels.
d. Strict 20 points SL on spot chart for NIFTY.
e. Try to trade only in NIFTY 50 (Avoid Bank Nifty).
f. Hold the trade till target (Next level from our entry).
g. Keep the lot size small.
h. Consult your financial advisor before taking trade.
i. Oi change graph and PCR (available at top of AOC) will provide you with
the day trend.
j. Strike Price PCR >1.25 Bullish, <0.75 Bearish
2. While Buying CE
a. Market must be at SUPPORT (Day or strike price).
b. The further you go away from market’s support, the riskier it becomes.
Example if market support is at 19500 then buying at support of 19800
is riskier than buying at support of 19700 than 19600 than 19500 and
so on.
c. If the day 's trend is bearish, buying CE is risky.
d. Support should not be shifting to the bottom.
e. There must not be any significant downward pressure from the
resistance side.
f. Check OI change, OI and their PCR graph for trade confirmation.
3. While Buying PE
a. Market must be at RESISTANCE (Day or strike price).
b. The further you go away from the market's resistance, the riskier it
becomes. Example if market resistance is at 20000 then buying at
resistance of 19500 is riskier than buying at resistance of 19700 than
19800 and so on.
c. If the day 's trend is bullish, buying PE is risky.
d. Resistance should not be shifting to the top.
e. There must not be any significant upward pressure from the support
side.
f. Check Oi change, OI and their PCR graph for trade confirmation.