Low Risk Low Returns- Target 50 NF per month per NF Lot

[gmt900]

I have realised that this strategy has no future with nifty trending lower.

Trend is not the problem. The difference in theta which is against you is.


As beginners our focus should be to learn from experience, grow and be sure to enjoy the entire process. Profit may or may not come. Just my belief.
[/I]

Couldn't agree with you more

 

[jamit_05]

Shorted a 60/60 Straddle @ 195

Secure range is 6200 - 5800; Fairly comfortable.

 

[jamit_05]

Shorted a 60/60 Straddle @ 195

Secure range is 6200 - 5800; Fairly comfortable.

Got em at the uptick this time... CMP 185

 

[jamit_05]

Squared off July pair... theta was not as friendly.
Added a Straddle.

Pair Collected Current
59/61 164 103
59/60 156 142
60/60 195 185



5900 Is confirmed as the months low.

 

[DanPickUp]

5900 Is confirmed as the months low.

Why?

What about your mind to anticipate that?

Delta of your presented portfolio?

Chances that you will profitable on your portfolio?

Take care / DanPickUp

 

[jamit_05]

5900 Is confirmed as the months low.

Why?

What about your mind to anticipate that?

Delta of your presented portfolio?

Chances that you will profitable on your portfolio?

Take care / DanPickUp

It was a figure of speech. Most certainly it is not set in stone. One bad news and 5900 could break in the first 5 mins of trading. In fact, Friday closed below 5900.

Delta on my portfolio is with a bullish bias. I have sold puts and calls both, but puts a little more. If the bullish bias is negated, then that will be left with lesser profit.

 

[jamit_05]

5850 is .50 Fib Ret.
5770 is .618

Price is likely to take support soon. It is behaving such. Therefore, shorting June 5900 PE, after a cue from the chart, will pay off. Looking forward to converting to a strangle if price goes up.

Still maintained. Option Premiums are bleeding in the meantime.

 

[jamit_05]

Week opens with increased Volatility. Premiums are somewhat higher than Friday's.

 

[jamit_05]

Option premiums are raging !!

Today looks like a big day. If my positions survive it, without any break in the downward direction, then they will be safe till expiry.

Today looks like make and break.

 

[jamit_05]

Delta has gone south. Will wait for a breakdown to adjust delta to neutral.