@Sensibull on the same topic what is the typical breakeven when we write 1 lot of nifty weekly option (lets say at premium of 20 )?
@Sensibull, Mr.abid sir,work hard sir waiting for lot of things to see in sensibull , , please sir
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Then your breakeven is 20 points below strike.
You can see every calculation on standard strategies here
https://web.sensibull.com/optionsStrategiesList/
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I love sensibull platform, the way design to make a life easier for option trader , Thanks ABID
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@Sensibull I have used pro version of sensibull. The only thing I want is historical average IV for stock or indice and its current IV in a simpler way without any noise. Where can I find that in sensibull?
Thnx sir for reply
Just one more question I am just graduated
I didn’t have any salary slip or past 6 months bank statement as I have recently opened my bank account
Now my query is for trading in f&o which document i should submit?
Can i fill nil itr?
Please help on this
Chosse far away option…
Hey @Prakhar_Agrawal
We have IVP (IV Percentile) now. Historical IV is something we can introduce. Will do the same. Meanwhile you can see it in graph format here. Sensibull - India’s Largest Options Trading Platform
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which week Nifty/Banknifty option is better for intraday trading…Near week or next week or month end option,To my limited understanding i see near week options has less time value hence less decay during the day…I am trying to replace directional futures trade by naked options buying without any strategies…Need some advise…
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Hey @Sensibull
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We need IV chart for not only ATM but also strikes , also we need IVP along with it , so we know when options are priced higher or lower.
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Also why option chain showing only one IV , shouldn’t show for both call and put
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why nse IV is different from yours
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why are you skipping few expiries in middle , keep current and next 3 expiries even if its non-liquid ( one or two strikes are always liquid)
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What is the risk free interest rate and dividend used in your IV calculations.
Hey @vishnux ,
The concept of IV for non ATM strikes is a very flawed one.
For the rest, and our friend @Curious-Investor pointed out, please refer to:
https://sensibull.com/docs/mathsandmarkets.html
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Hey @profit
Near week, ITM options are the best to do this.
Your objective is to play direction. To do that you need to trade options with Delta close to 1, for call options and delta close to -1 for put options.
This is usually weekly in the money options of the current week. You need to keep Vega (effect of IV) and Theta (time value) close to Zero.
You can see Delta of options here - Sensibull - India’s Largest Options Trading Platform
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Hey sorry to say this single IV for call and put is really useless for scalpers like me , I scalp IV , I find skew by comparing call and put IV , yes PUT IV is always higher , but still.
When Call IV is greater , I enter only when my directional view is down … and also if I have doubt to choose which strike to sell obviously I gotta see which is over brought , which I see via IV , if you have single IV for both… It makes the point useless.
I dont know why u merged the IV , maybe be for positional users , I dont know… but for scalpers like me its really useless.
Also you told it will bring arbitrage oppurtunities , yes it does bring for intraday based on my past 6 month experience.
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