Augubhai's notes - Smarts, Guts and Luck

[PartTime_Trader]

How about short strangle?

Short PE5900 with SL when NF goes below 5800 and
Short CE5800 with SL when NF goes above 5900

Current price of the pair is 140, close around 110 or lower

Trade to be closed after budget announcement

Cheers
::thumb::

closing the short pair(box) at 116, initiated at 141 so +25 minus cost

can still hold for the box to go below 105-100, for that nifty need to close between 5800-5900, but closing it now as most of the work done and can focus on other trades

::thumb::

 

[augubhai]

closing the short pair(box) at 116, initiated at 141 so +25 minus cost

can still hold for the box to go below 105-100, for that nifty need to close between 5800-5900, but closing it now as most of the work done and can focus on other trades

::thumb::

5800 Put+Call around 40 for a long time... Good to try if NF around 5800, i guess

 

[augubhai]

5800pe - long at 32.75, SL 26.4

 

[augubhai]

5800pe - long at 32.75, SL 26.4

out at 45.15

MTM +0.86%

again profit booking is an issue...

 

[timepass]

Now the play appears to be in 5700CE and 5800PE

 

[augubhai]

5800pe - long at 63.5, SL 58.15

 

[augubhai]

5800pe - long at 63.5, SL 58.15

out at 58

MTM +0.40%

 

[PartTime_Trader]

5800 Put+Call around 40 for a long time... Good to try if NF around 5800, i guess

Good Call :thumb:

could have booked above 60+

Cheers

 

[augubhai]

today... ended day in green, but not bright green

Got the direction right like the past 2 days, but could not cash. Need to work on profit booking and psychology. Atleast, unlike the past 2 days, I did not end up red despite getting the direction right.

I was long puts all day. expect for the gamble at the end - I bought 5700CE at 0.35 and sold at 2.00 . This 10000 limit per order. Placing and scalping multiple orders is a pain.

 

[trdstudent]

today... ended day in green, but not bright green
............

That's not the point to be hilighted augubhai .The +ve point is u can brk this -ve closing zinx today which most of us faces time to time :thumb: