Replete Weekly Analysis and Option Strategies For 25th Feb-1st Mar

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Hello Guys,

Hope you all are doing good in your trading. In the previous time, Fund managers want to hedge the risk of their portfolios that are the reason options were introduced. Options are all about hedging and you can generate your consistent return if you trade them correctly. that’s the reason we started this weekly analysis report to share some good hedging strategies, which can help you to generate some consistent return with proper risk management.

Last week we shared some strategies in Nifty and BankNifty, which are giving some decent return of around 10%.

Let’s start with NIFTY IDX:10,791.65

Nifty Weekly AnalysisAs we discussed in our previous post, Nifty is trading in 250 points ranges from last few weeks. Same we saw this week. This week Nifty opened at  10738.65 made a low of 10585.65 and closed at 10791.65. Last week we told that 10600 is strong support zone which needs to break on the downside for a further downside move. The overall trend is still UP.

Now Nifty is facing some resistance around 10800 levels which is also a 144 DMA level. On the upper side, 10900 will act as a strong resistance level which needs to break for more upside levels. 10700-10900 is the trading range for this week. This week monthly expiry is also there and volatility is also on little higher side. So As I always say Keep your risk management on the higher side.


According to open interest data, Highest Open Interest stands at 11000 CE & 10700 PE followed by 10900 CE & 10400 PE. PCR is 1.08 which is a Neutral zone. If we are looking at individual strike PCR, PCR at 10900 is 0.30 and PCR at 10700 is 2.75. So this is the range(10900-10700) we are expecting this week. For PCR you can refer to our previous post.

Weekly Option Strategies:

This week m sharing two strategies. One is for those who don’t know much about option strategies, can create IRON BUTTERFLY and those who can track Can initiate CALL RATIO SPREAD


NIFTY weekly strategy


Nifty Weekly strategyProfit will be around 8500₹ at 10900. The loss will start above 10950, So if you find that Nifty manages to sustain above 10950 than you can close this strategy.

BANKNIFTY IDX: 26,867.55

BankNifty Weekly analysisWe are seeing bank nifty is losing it’s upside momentum making lower highs and higher lows. This week Banknifty took support at 144 DMA around 26600 level which is a strong support, need to break for it’s more downside movement. I can’t suggest you initiate a short position until it holds 26600. For a new short term short position BANKNIFTY must close below 26400 than only we can say that bearish trend is starting in BANK NIFTY.

According to option chain, Highest open interest stands at 27000 CE 7 26500 PE followed by 27300 CE & 26800 PE. PCR stands at 1.02, in a neutral zone. According to individual strike PCR data, PCE at 27000 is 0.70 which is not strong resistance, PCR needs to be below 0.60 to make it strong resistance. on the other hand, PCR at 26700 is 7.29 which is a very strong support level. so we can keep 26700 as a stop loss for this expiry as per current data. As per data, a neural strategy will be good here, either it should be BUTTERFLY or CALL RATIO SPREAD.

Weekly Strategy: CALL RATIO SPREAD


BankNifty Weekly AnalysisThe loss will start only above 27300. So close this strategy if banknifty start moving above 27300.

Post your comments in the comment box if you have a query related to these options strategies. You can ask any question related to options trading in the comment box.

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If you need More real-time assistance on these strategies, Can open a trading account with us and you will get real-time assistance on every month on these hedging strategies.


DISCLAIMER: – we are not a SEBI research analyst. Views posted here only for educational purposes. There is no liability whatsoever for any loss arising from the use of this product or its contents. This product is not a recommendation to buy or sell, but rather a guideline to interpreting specified analysis methods.  This information should only be used by investors and traders who are aware of the risk inherent in securities trading.

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Sachin Sival is the founder and CEO of Replete Equities, an options trading company that specializes in delta hedging. A self-taught trader, Sachin has a passion for volatility trading and stock trading. Sachin loves to hone his skills by reading up on new strategies and techniques as well as taking part in industry events. In addition to being a successful entrepreneur, Sachin also takes pleasure in photography - as a hobby.

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