In Options trading, whose pivot point is important? Nifty or Nifty Futures?


Since Iā€™m getting started with options trading and following pivot point as an important indicator, I was wondering whose pivot point should I follow?

Nifty and Nifty Futures have different support and resistance points as per their chart. So I was wondering whose pivot points should I follow as an options trader?

Any insight will be highly appreciated.

Thanks in advance. Happy trading :slight_smile:

Nifty Pivot points would be a better indicator. Please take care of volatility and theta of the options that you are buying, they have considerable impact on the option pricing.

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Hi, Thanks for the reply.

I have been following this statergy where buy the option if it has higher delta and lesser volatility.

Am I doing wrong?

Good going. Ensure your strategy is spread or hedged to avoid market fluctuations.