JACKPOT or NOTHING!!!!! Amazing Technique on Last 5 min of an expiry

#61
Eyeing at PNB 200 CE,PE & HDFC 1300 CE, PE combinations. Lets see... Same rule...Risk 500 Rs. Placed order for PNB 200 CE/PE @.05 qty 4 lots each (5000)
Traded only on PNB 200 CE @.05, 4 lots which goes to 250Rs. plus 20Rs on brokerage. Could not get 200PE. Loss of Rs. 270....

Not to forget on the tag line:

JACKPOT or NOTHING!!!!!

Meet you next expiry. Bye

Cheers,
Kishore
 
#64
It is very good that you made good profits. At the end of the day what matters is just whether you made profits or not. As a matter of fact, Risk / Reward is exceptionally in favor of you.
Major reason for this to have worked -
Unjustified STT on options expiry due to an irrational stupid definition of 'settlement price' of an option, which is not the price at which this option contract is settled, but that of the underlying. What is SEBI / NSE doing?
 

bapu4

Well-Known Member
#66
Traded only on PNB 200 CE @.05, 4 lots which goes to 250Rs. plus 20Rs on brokerage. Could not get 200PE. Loss of Rs. 270....

Not to forget on the tag line:

JACKPOT or NOTHING!!!!!

Meet you next expiry. Bye

Cheers,
Kishore
Hi Kishore,
Can u please tell us how do u locate the prospective scrips apart from indices and how do u decide whether calls are to be bought or puts are to be bought ?
Regards.
 

mastermind007

Well-Known Member
#69
8300 CE @ 14 , 8300 PE @ 25 , one will expire worthless , but who ? :D
2:40PM Expiry thursday: 8300 CE at 10; 8300 PE at 21.8;

heading for a nail biting finish ....


3:25PM Expiry thursday: 8300 CE at 13.8; 8300 PE at 0.05;
 
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#70
Hi Kishore,
Can u please tell us how do u locate the prospective scrips apart from indices and how do u decide whether calls are to be bought or puts are to be bought ?
Regards.
High probables are near the Supports and Resistances. If you are near the last 15 min...look for 5 min charts at the supports and resistances. There the profit booking should be done the moment we see some rise in our profit. Moreover the contracts should be of high volume or else, we wouldn't have anyone to sell and the contract expires with huge penalty as suggested by our fellow boarders.


Cheers,
Kishore
 

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