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

[Happy_Singh]

one possible suggestion

Buy back PE59, Sell PE57 x 2 or x 1.5
Similarly rollover CE to SP-100 and add 50% qntity



my view is when playing short side of the option one should not hold beyond -100 points into the money
so effectively 60/60 short straddle should be out or maybe just the put side should have been stopped out @ 5890






Happy

 

[jamit_05]

one possible suggestion

Buy back PE59, Sell PE57 x 2 or x 1.5
Similarly rollover CE to SP-100 and add 50% qntity



my view is when playing short side of the option one should not hold beyond -100 points into the money
so effectively 60/60 short straddle should be out or maybe just the put side should have been stopped out @ 5890

Well, I have placed a volatility SL. Which triggered today.

CEs will be left untouched. PEs covered.

 

[jamit_05]

Sold 5800 Straddle @ 93.35 + 93 = 186

 

[jamit_05]

Pair Collected Bought Back
59/60 156 148
60/60 195 222

 

[Relish]

Strategy should be only one entry every month.

Entering the trade on settlement day, selling call and put.

January Settlement closing say 6030, just see February Series Call and Put 6000 or 6100. Add the premium, if premium is 279 and above then sell, we should cover the same in the end of the next expiry.

I will post more information how to protect, if either call or put going one side above our selling price ! ! ! ! !

July 2011 to July 2012, file enclosed.

http://www.4shared.com/office/h6vNqUTY/callandput.html?

Password : callandput

Rish

Hi Rish

In july series today Call strike 5600 and put strike 5700 had total of 277. A/c to your strategy there is no trade below 279; am right ? or is there any trade? How we protect our trade if market goes one direction?

if there is any trade then which should be short 5600 pe/ce or 5700 pe/ce ?

Thank's
Relish

 

[SaravananKS]

Hi Rish

In july series today Call strike 5600 and put strike 5700 had total of 277. A/c to your strategy there is no trade below 279; am right ? or is there any trade? How we protect our trade if market goes one direction?

if there is any trade then which should be short 5600 pe/ce or 5700 pe/ce ?

Thank's
Relish

As per my understanding Rish said the total premium of same Strike Price.

either we can 5600 Ce+ 5600 PE
or 5700PE+5700CE

Both cases below 278

So there is no Trade this month

 

[Relish]

As per my understanding Rish said the total premium of same Strike Price.

either we can 5600 Ce+ 5600 PE
or 5700PE+5700CE

Both cases below 278

So there is no Trade this month

:thumb:

thanks i calculated and both r below 279 so trade i was calculating call and put of 5600 and 5700

 

[jamit_05]

With the help of Raj, OT and their thread I hv been able to put together a small set of rules to trade NF options.

Will put them to test as I see a setup.

The objective will be to sell option pair and hold till expiry.

 

[jamit_05]

...............

 

[jamit_05]

Bear PUT: 75PE-74PE=35;

Will enter take 3 or 4 of these at diff points. If market goes down, will seek to buy Bull Calls. Eventually, I hope to trap the price so that one of the two closes ITM.