how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit tgt

#91
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

Hi - so you made to earn on both the trade positions today.
How did you manage to find the entry points ? was it just the view that nifty will retrace by 3 pm or some technical parameters ?
 

nitingosavi

Well-Known Member
#94
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

Hi - so you made to earn on both the trade positions today.
How did you manage to find the entry points ? was it just the view that nifty will retrace by 3 pm or some technical parameters ?
it was just 8450. which i was expecting today. as it bounced from i booked my puts.... it was a bounce much more than expected.... it was a fluke ! that i got good rate in 8500 put. and as my expectations are bearish i entered again with same qty. average nicely come down !
 

nitingosavi

Well-Known Member
#95
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

sold auropharma fut @ 783
sold cipla fut @ 720

bought drreddy 4000 put@ 20
 

nitingosavi

Well-Known Member
#97
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

booked auro fut short @ 755
booked cipla fut in minor loss @ 721

added a few more dr reddy 4000 puts out of auro pharma fut profit.

now total positions are

nifty 8500 puts avg near 87
nifty 8400 puts avg near 78
yesbank 800 puts @ 12
yesbank 820 puts @ 15/16
drreddy 4000 puts @ 20
bajaj auto 2500 puts @ 30

first 4 trades intiated at start of expiry.... WRONG TIMING !
 

nitingosavi

Well-Known Member
#98
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

nifty 8400/8500 puts , yesbank 800-820 puts booked ! near day end.
2-3 times of cost.. but nothing much to write abt. which were entered at start of expiry. had very big draw-downs.
wrong timing... so wrong strikes.. very long period of holding. everything was wrong. I was fortunate to have good profit.

bajaj auto 2500 put booked @ 60.. exactly doubled ! only on perfect timed trade.

now only drrreddy 4000 put and asian paint put in hand.
 

nitingosavi

Well-Known Member
Re: how you will "BUY" an option.."NO OI TALKS, NO OPTION WRITING" 30-50% is profit t

bought axisbank 860 puts @ 8.55
bought sbin 240 puts @ 1
bought 8400 puts @ 89 qty 50% of usual position size
 
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