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

[nitingosavi]

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

todays expiry bet

Bought RCOM 67.5 calls @ 0.15

bought banknifty 18400 calls @ 60

and bought tatasteel 250 call @ 1.60

booked rcom calls @ 0.45
booked banknifty calls @ 97
booked tatasteel calls @ 2.65

bought 8400 Put @ 3.00 1000 qty... last trade of the day no s/l will book after 3 pm if in profit..

 

[nitingosavi]

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

sold 8400 puts @ 7.5 in between and then whatever earned had a loss in 8450 calls of same amount

overall a good day!

 

[nitingosavi]

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

expectations fulfilled.

 

[nitingosavi]

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

Yes bank 800 put i will look to buy and hold in this series. cmp 812.5
reasons behind my thinking (EOD chart cash)
1. EMA 34 below ema 55.
2. sma 10 below EMA 30.
3. a reversal candle. O > ref(H,-1), c < ref(C,-1)
4. short term res 834-840 (in my view).
best if tests resistance.
5. SMI (20,5) in negative territory.
6. lower highs lower lows.

risks: 1. my knowledge abt charts is very limited.
2.yes bank yet not moved/closed down out of 6-7 months consolidation zone. may find supp on lower side.
3. any bounce abv 830-832 may make my options "zero" if sustained !

 

[nitingosavi]

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

Bought nifty 8400 puts @ 97
bought tatasteel 250 calls @ 11.7

bought banknifty 18200 puts @ 250

bought yes bank 800 put @ 18

bought asianpaints 860 Put @ 23.15... 10.08 AM

 

[nitingosavi]

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

booked tatasteel calls @ 12.70

and added 8500 puts @ 113.........

my conviction is nifty might test 8350-8400

 

[nitingosavi]

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

banknifty 18200 puts booked loss @ 230 bought @ 250


now holding

nifty 8400 puts buy @ 97 closed @ 64
nifty 8500 puts bought @ 113 closed at 94/95
yes bank 800 put bought at @ 18 closed @ 12
yesbank 820 puts bought @ 15/16 closed @ 20


a RED day..

 

[pnilesh]

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

banknifty 18200 puts booked loss @ 230 bought @ 250


now holding

nifty 8400 puts buy @ 97 closed @ 64
nifty 8500 puts bought @ 113 closed at 94/95
yes bank 800 put bought at @ 18 closed @ 12
yesbank 820 puts bought @ 15/16 closed @ 20


a RED day..

Just a word of caution since there is a RBI monetary policy so markets can be volatile.. and also banks and nifty may move higher in hopes of rate cut
So keep a watch on the puts :thumb:

 

[nitingosavi]

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

added asianpaints 880 puts @ 24

 

[nitingosavi]

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

sold 8500 puts @ 137 rebought @ 97
sold 8400 puts @ 84 rebought at @ 65