How to Trade Options Using Trending OI Crossover

Description

Date & Time: 21-MAR-2024 | 09:00AM

Introduction

Have you ever noticed how random price movements cause noise in the stock market and make it difficult to identify market trends? Even as an Options Scalper, it is more crucial that you should know when to avoid trading when there is no trend in the market.

This sessiom is a part of Options League 2.0 where you will understand how to identify trends using open interest and build short and long options positions using the Trending OI Crossover Strategy.

This session is solely for educational purposes. We are not advising any trading or investment ideas. We do not bear any responsibility for any trading losses you might incur as a result of using this learning content/ data/ indicators/ charting platform. The securities displayed, if any, are for illustration only and are not recommendatory. Please be fully informed regarding the risks and costs associated with trading in the financial markets.

Objective of the Webinar-

• Understand the market sentiments by identifying and analyzing the open interest
• Identify and Track the Trending Open Interest using OI Pulse
• Execute long and short positions by building a trending OI crossover strategy
• Precise entry and exit levels using various technical indicators
• Avoid overtrading to set the strict stop loss and manage position sizing

What You Will Learn?

• Analyze the Open Interest, including Long Buildup, Short Buildup, Long Unwinding and Short Covering
• Explore various technical indicators such as moving averages, relative strength index (RSI), volume weighted average price (VWAP), SuperTrend, weighted moving averages (WMA) and parabolic SAR.
• Explore the conditions to be looked at before initiating short and long position trades
• Manage stop loss and position sizing

Speaker

Sivakumar Jayachandran

Sivakumar Jayachandran is an Ace Scalper with over 15 years of experience and one of the rare traders who has generated consistent returns by buying options. An entrepreneur by nature, Sivakumar co-founded a startup in the Healthcare Industry and led it successfully to grow into a profitable company with 800 employees.