May The Prosperity Be With You Always..!!

Call Put
Buy Bullish Bearish
Short Sell Not Bullish Not bearish

Call It
PutMay go Up or It
It May go Down or It May Not Go
Buy It
Maymay GoGo
Not UpUp It may (Remain
Down Go Down
Short Sell (Remain Flat) Flat)

Price Call Premium Put Premium

Up Up Down
Down Down Up

Price Call Buyer Call Seller Put Buyer Put Seller

Up Profit Loss Loss Profit
Down Loss Profit Profit Loss

Price Profit Profit

Up Call Buyer Put Seller
Down Call Seller Put Buyer

CMP 732
Call Put
800 Strike 800 Strike
OTM ITM

CMP 1075
Call Put
1000 Strike 1000 Strike
ITM OTM

For call - Assume You Bought a stock at the strike

 Then Compare if you sell it at cmp - are you in profit ?
if yes - ITM
orelse - OTM

For Put - Assume You hv short sold a stock at the strike

Then Compare if you buy at cmp - are you in profit ?
if yes - ITM
orelse - OTM

Entry Target Stop Loss

Call Buy B.O. S.O. S.O.
Put Buy B.O. S.O. S.O.
Call Short Sell S.O. B.O. B.O.
Put Short Sell S.O. B.O. B.O.

Profit Loss
Call | Put BuyerUnlimited Limited
Call | Put Seller Limited Unlimited

Direction Up Down Flat

Call Buyer Y
Call Seller Y Y
Put Buyer Y
Put seller Y Y
 May The Prosperity Be With You Always..!!

Expires Every ThursdayExpires Last Thursday

Instrument Weekly Expiry Monthly Expiry
Equity N.A. N.A.
Index Future N.A. Yes
Stock Future N.A. Yes
Stock OptionsN.A. Yes
Index Option Yes Yes

Final Expiry is always the last Thursday of the month

Near/ Next Expiry can be any Thursday of the month

For 09.02.21 For 16.02.21

Near Expiry 11/2/2021 18/2/2021
Next Expiry 18/2/2021 25/2/2021
Final Expiry 25/2/2021 25/3/2021

** If the Near/Next Expiry is the last Thursday of the Current Month Then the
Final Expiral will be the last Thursday of next month

When u r preparing ForWeekly Monthly Expiry

Fri/Mon/Tue Near Expiry Final Expiry
Wed/Thurs Next Expiry
BNF 2 D HH | LBuffer 0.15% Strike
2 D HH 32842.3 32891.55 32900
2 D LL 31119.9 31073.2 31000

NIFTY
2 D HH 14753.55 14775.7 14800
2 D LL 14357.75 14336.2 14300

Option selling sheet example for nifty and bnnifty

 May The Prosperity Be With You Always..!!

Step 1 Write Down The Next Trading Date : 22-01-2021

Step 2 Collect The Spot Data
As a Thumb Rule
Equity Equity Data
Futures Futures Data
Options Equity/ Spot & Options Data

21/1/2021 20/1/2021 Step 3 Step 4

Day 1 Day 2 HH | LL Buffer 0.15%
High 32842.3 32607.45 2 D HH 32842.3 2 D HH + 0.15% 32891.55
Low 31985.55 32322.9 2 D LL 31985.55 2 D LL - 0.15% 31937.55

Step 5 Step 5 Step 5

100
Call Sell Round Up Step 4 32900
Put Sell Round Down Step 4 31900

Step 6
Check 1 2 day lowest low of the strike should be greater than 1.1% of the strike
Check 2 Open Interest
P. High High P. Low Low 2 D HH 2 D LL
BANKNIFTY 28-Jan-2021 CE 32 786.3 920.15 623.95 386.45 920.15 386.45
BANKNIFTY 28-Jan-2021 PE 32 771.9 1033.75 555 369.6 1033.75 369.6

Entry Our Entry Target Stop Loss

Call Sell 2 D LL - 10% Entry - 75% Min (Entry + 75% or 2 D HH + 10%)
Put Sell 2 D LL - 10% Entry - 75% Min (Entry + 75% or 2 D HH + 10%)

Entry Our Entry Target Stop Loss

Call Sell 347.805 86.95125 608.65
Put Sell 332.64 83.16 582.1
uffer 0.15%
Step 1 Write Down The Next Trading Date - 25-01-2021
Step 2 Collect The Spot Data For Last Two Working Days
Step 3 Add 0.15% To The 2 D HH
Step 4 Subtract 0.15% To The 2 D LL

Step 5 For Call Strike - Round Up Step 3 To The Nearest 100 For BNF & To The Nearest 50 For NFT

Step 6 For Put Strike - Round Down Step 4 To The Nearest 100 For BNF & To The Nearest 50 For NFT

Note - If the Strike Doesn't Have enough OI - Then For Call - Go One Strike Up & For Put Go One Strike Down

2 Lot 1 Lot 2 / 1 Lot

Entry Our Entry Target Stop Loss
Call Buy 2 D HH + y% Entry + x% Max(Entry - x% or 2 D LL - y%)
Put Buy 2 D HH + y% Entry + x% Max(Entry - x% or 2 D LL - y%)

Weekly Expiry y% x% x% y%
Fri/Mon/Tue Near expiry 10% 60% | 75% | 100% 60% | 75% | 100% 10%
Wed & Thurs Next expiry 7% 45% | 60% | 75% 45% | 60% | 75% 7%

2 Lot 1 Lot 2 / 1 Lot

Entry Our Entry Target Stop Loss
BANKNIFTY 28-Jan-2021 CE 32900 407 651.2 162.8
BANKNIFTY 28-Jan-2021 PE 31000 473 756.8 189.2

2 Lot 1 Lot 2 / 1 Lot

Entry Our Entry Target Stop Loss
NIFTY 28-Jan-2021 CE 14800 104.85 167.76 41.94
NIFTY 28-Jan-2021 PE 14300 143 228.8 57.2

2 Lot 1 Lot 2 / 1 Lot

Entry Our Entry Target Stop Loss
Call Buy 2 D HH + y% Entry + x% Max(Entry - x% or 2 D LL - y%)
 Put Buy 2 D HH + y% Entry + x% Max(Entry - x% or 2 D LL - y%)

Monthly / FinalExpiry y% x% x% y%
Near expiry 7% 50% 50% 7%
Step 1 Write Down The Next Trading Date - 25-01-2021
Step 2 Collect The Futures Data For Last Two Working Days & Mark The 2 D HH & 2 D LL

BNF - Future Entry Our Entry Target Stop Loss

Buy 2 D HH + 0.15% B. Entry + 1.5% Max(Entry - 1.5% or 2 D LL - 0.15%)
Sell 2 D LL - 0.15% S. Entry - 1.5% Min(Entry + 1.5% or 2 D HH + 0.15%)

NFT - Future Entry Our Entry Target Stop Loss

Buy 2 D HH + 0.125% B. Entry + 1.25% Max(Entry - 1.25% or 2 D LL - 0.125%)
Sell 2 D LL - 0.125% S. Entry - 1.25% Min(Entry + 1.25% or 2 D HH + 0.125%)
 2 D LL

D LL - 0.15%)
D HH + 0.15%)

D LL - 0.125%)
2 D HH + 0.125%)
Option Buy Lots Nil Call Buy - No Tgt.

Call Buy Entry B.O. 2 Lots Yes

Call Buy Target S.O. 1 Lot Yes Yes
Call Buy Stop Loss S.O. 2 / 1 Lot Yes For 2 Lots
Put Buy Entry B.O. 2 Lots Yes Yes
Put Buy Target S.O. 1 Lot Yes Yes
Put Buy Stop Loss S.O. 2 / 1 Lot
4 Orders 4 Orders
at 09.25 at 09.25

at 11 am eg. 1 == at 12 pm
Call Buy Trig. Target Achieved
Place SL For 2 Lots Modify The SL Qty From 2 Lot To 1 Lot

Not Tgt / No SL is Hit till 03.30 pm eg. 2 == at 12 pm

at 03.30 pm Stop Loss Hit
Status of Open Position Cancel The Target Order
Call Buy
2 Lots assumuption : Target Achived
No Target at 03.30
Call Buy
1 Lot
Target Achieved
Call Buy - Tgt Ach.

Yes For 1 Lot

Yes
Yes

3 Orders
at
go 09.25
Back To Rule
No. 1 &
Recalculate
at 01 pm Your
New Call Buy
SL hit & New Call place the order of that side by recalculating entry and target
Entry
Buy Target. if SL hit during the day place the order 2DHH+same day high
 May The Prosperity Be With You Always..!!

Step 1 Write Down The Next Trading Time Frame = 09.15 To 10.30 = 20-01-21
Step 2 Write Down The Previous 75 Min High & Low Data
19-01-2021
02.15 To 03.30 Buffer 0.15%
High 32464.95 32513.65 For Call = Round Up The 32600
Low 31037 30990.45 For Put = Round Down T 30900

2 Lots 1 Lot 2 | 1 Lot

Entry Our Entry Target Stop Loss
Call Buy 75 Min High + x% Entry + y% max(Entry - y% or Previous 75 Min Low
Put Buy 75 Min High + x% Entry + y% max(Entry - y% or Previous 75 Min Low

x% y% y%
if The Entry > 250 7% 50% 50%
if The Entry < 250 12% 70% 70%

Start Day Wednesday

Entry - y% or Previous 75 Min Low - x%)
Entry - y% or Previous 75 Min Low - x%)

x%
7%
12%
Rollover
For Options Selling | Buying | Expiry
Exit All Your Open Position in the current contract between 02.45 to 03.15
Then, next day trade as per rule no 1

Futures
Exit All Your Open Position in the current contract between 02.45 to 03.15
Cancel all the pending order in the old contract
And, Take the same position in the next contract at current market price
place the tgt & sl accordingly
Gap Up
Technically Gap Up Means = Next Day Open Higher Than Previous Day Close
For e.g.
PC 32000
Next DaY Open 32300
Is There a Gap Up Yes
Your Buy Entry Is 32500
But Does It Disturb Your Entry
No, Then There is no Gap Up For Us.

For e.g.
PC 32000
Next DaY Open 32300
Is There a Gap Up Yes
Your Buy Entry Is 32150 at 09.30 high = 32320
But Does It Disturb Your Entry Yes
Then There is a Gap Up For Us.

Gap Up
Buy Entry Fut Buy | Call Buy| Put Buy
Buy Target Fut Buy | Call Buy| Put Buy
Short Sell SL Fut Sell | Call Sell| Put Sell

Buy Entry Miss Fut Buy | Call Buy| Put Buy

High at 09.16 > Buy Entry Future
High at 09.25 > Buy Entry OP Buy
Soln.
Wait Till 09.30 am
Whatever is the high at 09.30 am.. that high + applicalble buffer will be your new buy entry.
also recalculate your tgt & sl from that price

Buy Target Miss

CMP at 09.15 > Buy Target
Soln.
Exit it at CMP both future n options

Short Sell Stop Loss Miss

CMP at 09.16 For Future > Short Sell SL
CMP at 09.25 For Option > Short Sell SL

For Future, wait till 09.25 High at 09.25 + buffer will be your new sl
For Options, wait till 09.30 High at 09.30 + buffer will be your new sl

Sell Entry Miss Fut Sell | Call SEll| Put Sell

Low at 09.16 < Sell Entry Future
Low at 09.25 < Sell Entry OP Sell
Soln.
Wait Till 09.30 am
Whatever is the low at 09.30 am.. that low - applicalble buffer will be your new sell entry.
also recalculate your tgt & sl from that price
Note***** For Option Selling if 09.30 Low - Buffer doesn't fit your minimum premium criteria then change yur strike

Sell Target Miss

CMP at 09.15 < Sell Target
Soln.
Exit it at CMP both future n options

Buy Stop Loss Miss

CMP at 09.16 For Future < Buy SL
CMP at 09.25 For Option < Buy SL

For Future, wait till 09.25 low at 09.25 - buffer will be your new sl
For Options, wait till 09.30 low at 09.25 - buffer will be your new sl
ia then change yur strike
FUTURE 2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)
BANKNIFTY System Entry Our Entry Target Stop Loss
Buy 2 D HH + 0.15% B. Entry + 1.5% Max(B.Entry - 1.5% or 2 D LL - 0.15%)
Sell 2 D LL - 0.15% S. Entry - 1.5% Min(S.Entry + 1.5% or 2 D HH + 0.15%)

FUTURE 2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)
NIFTY System Entry Our Entry Target Stop Loss
Buy 2 D HH + 0.125% B. Entry + 1.25% Max(B.Entry - 1.25% or 2 D LL - 0.125%)
Sell 2 D LL - 0.125% S. Entry - 1.25% Min(S.Entry + 1.25% or 2 D HH + 0.125%)

BNF/NFT- W Entry Our Entry Target Stop Loss

Call Sell 2 D LL - 10% Call Sell Entry - 75% min(C.Entry + 75% or 2 D HH + 10%)
Put Sell 2 D LL - 10% Put Sell Entry - 75% min(P.Entry + 75% or 2 D HH + 10%)

BNF/NFT- M Entry Our Entry Target Stop Loss

Call Sell 2 D LL - 7% Call Sell Entry - 60% min(C.Entry + 60% or 2 D HH + 7%)
Put Sell 2 D LL - 7% Put Sell Entry - 60% min(P.Entry + 60% or 2 D HH + 7%)
 (Before Tgt) & 1 Lot (After Tgt)
Loss
B.Entry - 1.5% or 2 D LL - 0.15%)
S.Entry + 1.5% or 2 D HH + 0.15%)

(Before Tgt) & 1 Lot (After Tgt)

Loss
B.Entry - 1.25% or 2 D LL - 0.125%)
S.Entry + 1.25% or 2 D HH + 0.125%)

C.Entry + 75% or 2 D HH + 10%)

P.Entry + 75% or 2 D HH + 10%)

C.Entry + 60% or 2 D HH + 7%)

P.Entry + 60% or 2 D HH + 7%)
 2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)
FUTURE BANKNIFTY System Entry Our Entry Target Stop Loss
Buy 2 D HH + 0.15% B. Entry + 1.5% Max(B.Entry - 1.5% or 2 D LL - 0.15%)
Sell 2 D LL - 0.15% S. Entry - 1.5% Min(S.Entry + 1.5% or 2 D HH + 0.15%)

FUTURE BANKNIFTY Today Previous Day

Date High 32226.95 32899 2 D HH
25-01-2021 Low 31123.05 32001.5 2 D LL

2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)

BANKNIFTY 28-Jan-2021 System Entry Our Entry Target Stop Loss
Buy 32948.35 33442.6 32454.1
Sell 31076.35 30610.2 31542.5

2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)

FUTURE NIFTY System Entry Our Entry Target Stop Loss
Buy 2 D HH + 10% B. Entry + 1.25% Max(B.Entry - 1.25% or 2 D LL - 0.125%)
Sell 2 D LL - 0.125% S. Entry - 1.25% Min(S.Entry + 1.25% or 2 D HH + 0.125%)

FUTURE NIFTY Today Previous Day

Date High 14625.9 14765.45 2 D HH
25-01-2021 Low 14356 14508.3 2 D LL

2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)

NIFTY 28-Jan-2021 System Entry Our Entry Target Stop Loss
Buy 14783.9 14968.7 14599.1
Sell 14338.05 14158.8 14517.3

2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)

BNF W CE S System Entry Our Entry Target Stop Loss
Call Sell 2 D LL - 10% Entry - 75% Min (Entry + 75% or 2 D HH + 10%)
Put Sell 2 D LL - 10% Entry - 75% Min (Entry + 75% or 2 D HH + 10%)

BANKNIFTY 28-Jan-2021 CE 31300 Today Previous Day

Date High 939.6 1600 2 D HH
25-01-2021 Low 350.65 900.2 2 D LL

BANKNIFTY 28-Jan-2021 PE 32900 Today Previous Day

Date High 1775.4 1033.75 2 D HH
FUTURE NIFTY Low 896.5 369.6 2 D LL

2 Lots 1 Lot 2 Lot (Before Tgt) & 1 Lot (After Tgt)

BNF W CE S System Entry Our Entry Target Stop Loss
Buy 315.6 78.9 552.3
Sell 332.65 83.15 582.15
 (Before Tgt) & 1 Lot (After Tgt)
Loss
B.Entry - 1.5% or 2 D LL - 0.15%)
S.Entry + 1.5% or 2 D HH + 0.15%)

32899
31123.05

(Before Tgt) & 1 Lot (After Tgt)

Loss
32454.1
31542.5

(Before Tgt) & 1 Lot (After Tgt)

Loss
B.Entry - 1.25% or 2 D LL - 0.125%)
S.Entry + 1.25% or 2 D HH + 0.125%)

14765.45
14356

(Before Tgt) & 1 Lot (After Tgt)

Loss
14599.1
14517.3

(Before Tgt) & 1 Lot (After Tgt)

Loss
Entry + 75% or 2 D HH + 10%)
Entry + 75% or 2 D HH + 10%)

1600
350.65

1775.4
369.6

(Before Tgt) & 1 Lot (After Tgt)

Loss
552.3
582.15
BANKNIFTY 28-Jan-2021 System Entry Our Entry Target Stop Loss
Buy 32948.35 0 33442.6 32454.1
Sell 31076.35 0 30610.2 31542.5

NIFTY 28-Jan-2021 System Entry Our Entry Target Stop Loss

Buy 14783.9 0 14968.7 14599.1
Sell 14338.05 0 14158.8 14517.3

OP SELL System Entry Our Entry Target Stop Loss

BANKNIFTY 28-Jan-2021 CE 31300 315.6 0 78.9 552.3
BANKNIFTY 28-Jan-2021 PE 32900 332.65 0 83.15 582.15

OP BUY Entry Our EntryTarget Stop Loss

BANKNIFTY 28-Jan-2021 CE 32 407 651.2 162.8
BANKNIFTY 28-Jan-2021 PE 31 473 756.8 189.2

OP BUY Entry Our EntryTarget Stop Loss

NIFTY 28-Jan-2021 CE 14800 104.85 167.76 41.94
NIFTY 28-Jan-2021 PE 14300 143 228.8 57.2
 Price Trigger Price
Buy Entry Op Buy Entry + 7% Op Buy Entry
Target Target 0
Stop Loss OP Buy SL - 7% OP Buy SL
BNF/NFT- W Entry Our Entry Target Stop Loss
Call Sell 2 D LL - 10% Call Sell Entry - 75%min(C.Entry + 75% or 2 D HH + 10%)
Put Sell 2 D LL - 10% Put Sell Entry - 75%min(P.Entry + 75% or 2 D HH + 10%)

BNF/NFT- W Entry Our Entry Target Stop Loss

Call Sell 2 D LL - 7% Call Sell Entry - 60%min(C.Entry + 60% or 2 D HH + 7%)
Put Sell 2 D LL - 7% Put Sell Entry - 60%min(P.Entry + 60% or 2 D HH + 7%)

BNF - W Entry Our Entry Target Stop Loss

Call Sell 315.6 78.9 552.3
Put Sell 332.65 83.15 582.15

NFT - W Entry Our Entry Target Stop Loss

Call Sell 110.2 27.55 192.85
Put Sell 118.4 29.6 207.2

BNF - M Entry Our Entry Target Stop Loss

Call Sell 755.6 302.25 1208.95
Put Sell 826.65 330.65 1322.65

NFT - M Entry Our Entry Target Stop Loss

Call Sell 230.95 92.4 369.5
Put Sell 206.9 82.75 331.05
 Today's Today's Current Current Open
Sr. No. Instrument Scrip Name High Low P. High P.Low Day High Day low Interest
25-01-2021
1 SPOT NIFTYBANK NIFTYBANK 32131.4 31119.9 32842.3 31985.55 0
2 SPOT NIFTY NIFTY 14619.9 14357.75 14753.55 14517.25 0
3 FUTURE BANKNIFTY BANKNIFTY 28-Jan-2021 32226.95 31123.05 32899 32001.5 1613750
4 FUTURE NIFTY NIFTY 28-Jan-2021 14625.9 14356 14765.45 14508.3 12035100
5 BNF W CE S BANKNIFTY 28-Jan-2021 CE 31300 939.6 350.65 1600 900.2 279975
6 BNF W PE S BANKNIFTY 28-Jan-2021 PE 32900 1775.4 896.5 1033.75 369.6 13950
7 NFT W CE S NIFTY 28-Jan-2021 CE 14400 281.55 122.45 392.75 227 1572975
8 NFT W PE S NIFTY 28-Jan-2021 PE 14800 460 223.25 330.15 131.55 241575
9 BNF M CE S BANKNIFTY 25-Feb-2021 CE 32000 1250 812.45 1660 1200 79800
10 BNF M PE S BANKNIFTY 25-Feb-2021 PE 32500 1927.15 1265.75 1371.55 888.85 27100
11 NFT M CE S NIFTY 25-Feb-2021 CE 14700 360 248.35 424.4 328.5 294600
12 NFT M PE S NIFTY 25-Feb-2021 PE 14400 387 276.6 320 222.5 466350
13 BNF W CE B BANKNIFTY 28-Jan-2021 CE 32900 136.75 40.2 370 111.5 226325
14 BNF W PE B BANKNIFTY 28-Jan-2021 PE 31000 430 84.05 147.05 27.15 857150
15 NFT W CE B NIFTY 28-Jan-2021 CE 14800 57.9 16.35 95.3 45.4 3499275
16 NFT W PE B NIFTY 28-Jan-2021 PE 14300 130 38.6 83.75 20.8 1586175
17
18
19
20
21
22
 High + 0.15% Low - 0.15% Call Start Put End
2 D HH 2 D LL Buffer Buffer Strike Call End Strike Put Start Strike strike

32842.3 31119.9 32891.55 31073.2 32900 31900 31000 32000

14753.55 14357.75 14775.7 14336.2 14800 14300 14300 14800
32899 31123.05
14765.45 14356
1600 350.65
1775.4 369.6
392.75 122.45
460 131.55
1660 812.45
1927.15 888.85
424.4 248.35
387 222.5
370 40.2
430 27.15
95.3 16.35
130 20.8
0 0
0 0
0 0
0 0
0 0
0 0
Step 1 Check All Time High
Step 2 Monthly candle Should Close Above All Time High
Step 3 Entry = High of Monthly Confirmation Candle
Step 4 Initial SL = 20 Months Simple Moving Average
Step 5 Once The Price is up by 100%, Change tHe Stop Loss to 10 Simple Moving Average

Do Not Trade The Stock Which Has Less Than 4000 cr market cap

Risk Mgmt | Position Sizing | Money Management

1% of My Trading Capital / (Entry - sl)

eg 500000
1% 5000
250
ng Average