Sensex Options Strategy: Data-Driven Guide — Step-by-Step Guide & Transcript

[00:02] my gym trainer in my gym said that friend, I have bought the put option of Sussex. I said, who did you ask before doing this? He says, friend, I felt that the market would go down, so I bought a put option. I said friend, now you did right and wrong. I ca

[00:16] n't tell him to his face. But I said why should I say bye? So he said that the lot is only of 20 and you get the premium here for ₹1200. There is a lot of fun in expiry. If momentum is gained, money is made. So

[00:28] I actually asked him, are you really making money? I am saying, friend, to tell you the truth, it was made in the beginning but now it is incurring losses. Now see, people have to trade in Sensex expiry because the lot size is very less. By

[00:42] investing very little money, suppose if the option is of ₹100 then 100 * 20 your work is being done in just ₹2000 and people think that ₹2000, 4000, 6000, ₹8000 can also be made, then why not trade in expiry ? But is that the right approach to trading

[00:57] ? Or there could be a way that you trade in the Sussex expiry and actually you trade in the Sussex expiry and actually Accountant and has been in the market for the last 20 years. You must have seen him on television

[01:13] but today he is going to guide you on Mr. Nitin Morka. Or thank you thank you hello. So Nitin ji, Or thank you thank you hello. So Nitin ji, Sussex has become very hot these days. BS

[01:27] stock is going up because of Sensex as people are trading in options. Coming to Sussex and leaving Nifty. So in Sussex, do you have any strategies that people can use to make money ? My gym trainer was also asking me to

[01:40] ask Nitin ji and tell him. Look, I have been trading Nifty for the last 20 years. But Sussex I have been trading live for the last six months.

[01:52] What is the matter, sir? What are his reasons? It is important to understand that and it is important to understand how we can trade. See, Nifty is made up of 50 shares and Sussex is made up of 30 shares. So if you look at the weightage, if there are 50 shares

[02:10] then it will move slowly and if there are 30 shares then the movement will be fast. So one reason Sussex is seeing higher profits is that there's more movement because there are fewer shares. yes, you have been here for 20 years, so you will be able to tell.

[02:25] I said let me ask you. So if Nifty comes to 50 then it is understood that Nifty, right? This is understandable. Sir, why is Sensex named Sensex?

[02:41] asked me in the comments, I don't know, Nitin ji would know, brother, you have asked such a question, I will also have to study why Sussex was named [nasal sound] let's skip it,

[02:54] why, this is great [laughter] why it was named, it is important for me too, sir, I feel that Sensex was named Sensex because this Sensex means apart from India, there used to be an index in the US whose name was

[03:09] He copied it. Let's just Google it once, why bother so much, we will do it. So sir, if I google it, the person who asked the question will get the answer. So the word Sensex is made up of two things. Sensitive end index.

[03:23] Ok? So I took it from Sensitive and made it Sensex beyond the index. So I took it from Sensitive and made it Sensex beyond the index. Whatever Dx was, if you make it from it then it is a good thing because there are sensitive stocks in Sensex. That

[03:36] means we option buyers want sensation and movement. So, why is Sensex making profits? Because it is being created because it contains sensitive stocks and there are 30 stocks, so you get the movement immediately. I will get it

[03:51] soon. Correct? So this became more clear from the name also. Done. Sussex is of 77,000, so there is a difference in the base also. Firstly, these are sensitive stocks and there is a difference in the base, hence

[04:04] momentum is gained quickly in them. Now suppose you have caught a green candle, even if Nifty candle is of 20 points, then Sussex candle is correct at least by 65-70 points. And in Sussex we normally take trade add the money. Because the

[04:19] debit that comes there is the impact of the main debit on the day of expiry. So if and Delta Delta moves very fast in Sussex then in that case you get 50 60 70 points immediately. There is a lot of 20 shares and suppose I get 70 points, then I get

[04:34] ₹1500 immediately in one lot and especially in each candle. So as your gym trainer was asking you, it's absolutely correct that Sussex is gaining momentum faster than Nifty. Point number one, point number two, if you look at the volumes, they are quite good

[04:47] volumes. There is liquidity. The data we follow about options. For example, if I follow the PCR data, then the accuracy of the PCR data is also very interest is available there. Now there is another factor in Sussex that when you trade NIFI

[05:01] then you have to track the top 10 stocks of NIFI that brother Reliance also has weightage, Infosys is also there, TCS is also there, HDFC is also there. But since there are 30 shares in Sussex, if you track only two stocks properly here, you will catch the movement.

[05:15] Stock number one is Reliance HDFC, unstock number two is only HDFC, so your work and your focus shifts to only two and in Nifty your focus is

[05:27] so here the first point in the checklist is that if you want to trade in Sensex then first put the chart of Sensex and along with it put the chart of Reliance and HDFC. There is momentum in these, so

[05:40] Brother, you should note that if you want to trade in Sussex, then you have to follow two charts, one Sure, go ahead, sir. Now, when we look at data like Nifty,

[05:52] we look at the advance decline ratio of the overall market. But when you have to see the Advance Decline Ratio of Sensex only. Now you should talk while showing it once because people will

[06:04] understand more after seeing it. Now like Pushkar ji, suppose I want to trade Sussex, then what can be the simplest form of data ? Although there are many simplest form of data which a user can trade even on his mobile.

[06:18] I have just opened this BSE India website. This is the simplest. Available everywhere. Came to BSE. And for Nifty you come to NSC Pay NSC Pay. Exchange data became best. Now here on this home page you can see that

[06:32] 30 shares of 30 are visible. You can see that there are total six rows and in each of these six rows,

[06:44] six days, I talked about two stocks. Firstly I talked about Reliance and ? It is positive. It is positive. That means Reliance is positive by 1.73% and there is also a news hidden in it that

[06:57] Jio's IPO is coming, so due to that reason also Reliance is positive. So we also have to keep in mind the reason why the stock is positive. The second HDFC is also 1% positive. So both these stocks are positive so all you have to do in Sussex is call. Do

[07:12] not touch put options. It became clear. If you are an option writer, you can also debit spreads in it. You can also do credit spreads. You can make any strategy you want but doing it is a bullish strategy. Ok? Now one more thing to

[07:24] see in this is that there are total 30 stocks. Now I talked about advance decline ratio. see in green here? So out of 30, sir, only eight are negative here. Eight is negative. So the advance decline ratio became 30 advance decline positive.

[07:39] Because eight out of 30 are negative, 22 become positive. So those sentiments are also positive. Now suppose we talk about PCR data, then the PCR data is the sir, you can assume that people have not seen the previous video.

[07:54] we give pointers from there. Our first pointer was that we had to look at HDFC Bank and Reliance. I saw that. Now we have come to the second point. We came to the website of BS India and here we saw the heat map showing

[08:08] how many stocks out of these 30 are positive, so we understood that most of the stocks are advance and decline, that 22 are advancing and eight are declining. We understood these two things. Now let's move on to this thing.

[08:22] advance decline which is my positive and second is to focus on Reliance and HDFC. Thirdly, since all of us are trading in Nifty, the Nifty see the imbalance of the option chain and the correlation between Nifty and Sensex

[08:37] and the correlation between Nifty and Sensex is 96%, that is, if Nifty goes up, then there is a is 96%, that is, if Nifty goes up, then there is a 96% chance that Sensex will also go up and the same in the reverse case. So if we use Nifty data to trade Sussex,

[08:51] we get good clues and accuracy from there also. and add Charp strike above the money and show the Charp strike us look at the option chain data of call and put.

[09:05] Ok. So let me show you that option chain data from the NSC website. And along with that, what will be the value addition here is that you have to see the data of NIFI option chain and you also have to see the data of Sensex option chain and if you use combined PCR of both,

[09:20] then it is best to trade that also. So let me show you the data of both, how to see it and on that basis, as soon as you see a green candle in Sensex and the data is positive, you can take the call option. 50-60 points are easily

[09:35] obtained. The lot is of 20 shares. Will work at At the Money. You just have to find out the timing by work at At the Money. You just have to find out the timing by becomes clear from all this data. So now I will

[09:52] is correct sir. So now here we will understand the PCR data of Nifty and then we will understand the PCR data of Sussex. I am explaining this to you in chart graphical form and this is today's change in open interest. Now in this change in open

[10:05] interest that we are seeing, all the red ones are puts and Ok? So now whatever positions were created, they were summed up. So in total call I am seeing 44% position. That means, whatever

[10:19] 44% position. That means, whatever open interest has developed in green, this is 44% Ok? And this 55% is the total, this is 55% of the entire positions. That means the position of puts is higher. So PCR is greater than one. So, this

[10:35] signal is saying that the PCR is positive. So, let me move on to the Sensex call. Now we confirm this data whether similar data is being formed in Sensex or not. Now here's what I'll tell people. Someone might be confused

[10:48] that there is more data in the Bput. So why are you getting it done? Because PCR means put up call. Its ratio. So you divide the put by the call. The number of puts is high. So if you

[11:01] come to Sussex now, you can see a put of 60 and below you can see a call of 40. So when you divide 60 by 40, the number will be greater than one and if PCL is greater than one then you have to buy it. This also means that there is more selling in puts.

[11:14] So when does one make money selling a put ? When the market goes up, there show you one more thing in this data that when you just looked at Nifty, it was 44 and 54 and when we are looking at Sussex, what is it? 39 and 60. So

[11:29] So I'll get the money quick Sussex. Because Sensex data is stronger than Nifty. So many times you also come to know that today you will get money quickly in Sussex or you will get money quickly in Nifty. There is a

[11:42] reason for this because the weightage of Reliance and HDFC Bank in Sensex is more, especially Reliance, so due to strong data in Reliance, the Sensex data is positive, so there will be more momentum in Sensex, so a trader

[11:57] should know that today because I have limited money and if I understand that if I trade Sensex today, I will get more appreciation, so you can do that work by looking at this data. Now suppose another interpretation comes here

[12:11] that why don't we combine the data of Nifty and Sensex and extract some data, then we will get more clarity, we have developed that too and we go here with combined PCR i.e. how can we predict the market by combining the data of both Sensex and Nifty.

[12:26] combining the data of both Sensex and Nifty. see this Combined PCR which we are seeing is overall Nifty and Sensex, debt combined, we see all three Nifty, Bank, Nifty, Sussex. We

[12:40] look at these three and have created them according to different weightage. So what this does is that it gives a little more accuracy. And what is a plus point in this ? Look, now let me tell you a very valid point. Now

[12:53] in the live market, if this slope was negative here, then we would not have been able to enter here. But after taking this support, see, the data of both of them is being Our PCR data is improving. So this is the

[13:07] right timing where you have to enter the call option. market is dull. There are no moves until 2:00. After 2:00 pm,

[13:19] look at the price action, if positive changes are coming in the price action in the same manner, then that is the timing when you should take a trade in Sussex. You [nasal sound] if people see this thing on expiry, they might get more benefit.

[13:32] At expiry, because the effect of gamma is very high in delta, the and you have to book the profit quickly on that day. So, at the time of expiry, it has happened many times in Sussex that an option worth ₹100 becomes ₹300.

[13:45] So, if you look at this data on the day of expiry, then you should assume that if there are four expiries in the entire month and you work with proper stop loss, then even if your win rate is 50%, you can still make a lot of money.

[13:59] Ok. So Nitin ji, the trading that is happening in Sussex, especially on expiry, your telegram group, you have two telegrams, one you trade in Nifty and one you trade in Sussex, right now which one is getting more accuracy, see Nifty, currently the

[14:15] accuracy is getting more in Sussex, I myself am surprised by this because [Music] when I was doing Nifty for the last 15-20 years, but when I am doing Sussex for the last six months, then I have got an but when I am doing Sussex for the last six months, then I have got an

[14:28] its accuracy has gone up to 80% in the previous month. But it is not necessary that such accuracy is always achieved. Such accuracy has come in the current situation. The reason for this is that the data is working well. Weeks has also come down from the top. So in the current situation,

[14:42] 8085 75 such accuracy is coming in our premium Telegram channel. And on an average we are coming in our premium Telegram channel. And on an average we are if there is a lot of 20 shares and you are capturing even 500 points then you can understand

[14:58] how good profit is being made. So the opportunity is very good right now. Momentum is also good. So I think Sensex is able to give better returns than NIFI in the current situation.

[15:11] I had also told you that whatever notifications I get, shift the target head SL. Now bring the cost to SL, we have booked profit on this much. Then you put up a pole. So many people have made money today and you insult them for that.

[15:24] You did not follow my trade. Look, 60% people made profit. I try to motivate you by saying, look I am not insulting you, I motivate you, you left the trade today, tomorrow we will take the trade again or take the trade on a new opportunity, money is

[15:38] made because I conduct a poll after every trade so that the user understands that if I had taken my trade, I would have made a profit. Plus we share our performance report with most of the users every day with time stamp. That

[15:53] means the time stamp of seconds can match the exchange. So we trade with full transparency and honesty. Another thing is that when we give trades in the Telegram channel, we share the logic behind every trade

[16:05] that [Music] today we are taking call option, so the logic behind it is that the PCR data is positive. His logic is that the advance decline ratio is positive. His logic is that Reliance is positive. So when we share logics with you regularly, you will get the

[16:18] conviction that the trade is not out of thin air. Whatever the trade is, it is logical. Look, whether a trade fails or is right or wrong is a different matter. It is a game of probability. But if you trade in the right way with the right data, your winning probability will always be high.

[16:32] So we try to give trades with right facts, right logic, justification to our subscribers. If the rest of the output is done with good intentions then it will be good.

[16:47] Telegram subscription is a paid subscription. First of all, you will also get a discount from the link given below in the description and pin comment. So I am a member So I am a member

[16:59] Different calls come. Different calls come. So if you want to join both, you can do you can do one also. I will post links to both. And the software which Nitin ji was teaching just now is also SMC's software, Auto Trader Next,

[17:13] you can go and buy it also. This is also paid software. Look, advanced traders If you also want to do it, you can go and use it. It has a lot of features. Finally, I have a question for you guys. You have to answer that in the comments. You have to

[17:26] tell me in the comments that within Sensex, Sir had talked about two shares, Reliance and HDFC. Do you want to tell me what is the weightage of Reliance in Sensex? is the weightage of Reliance in Sensex?

[17:40] tell in the comment box what is the percentage wise weightage of HDFC Bank. Well, on this software also, regular webinars are conducted by Sir's team for all the people who buy the software. You are taught how to use these softwares. So you get hand holding as well.

[17:53] So you get hand holding as well. also taught simultaneously. So keep on learning. You guys must like this video. Please share it with maximum people so that they can also learn how to trade in Sussex.

[18:06] so that they can also learn how to trade in Sussex. And if you need hand holding in that then you can join Sir's Telegram group. in the next video. Till then subscribe this channel by clicking on the bell icon. You go self-

[18:19] this channel by clicking on the bell icon. You go self- made and Jai