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

[jamit_05]

Paid: 167*50*30 = 250500
Present Value: 217*50*30 = 325500;
-------------
75000

NF = (7503-7686)*50*15 = -137250
-------------------------------
M2M: -62250

For 78CE July SOLD
129*50 = 6450
-------------------------------
Net M2M = -55800

Adjustments:

For 76PE Aug SOLD
200*50=10000
216*50=10800
=================

Daily trend is still up. The negative M2M is still not a worry.
When trend changes, will have to make arrangements.

 

[trade_novice]

Hi Amit I am new to daytrading and studying posts on traderji.com, I also studied thread (Going with the Intraday Mini-Flow!!) started by Saint. Was very useful. I just want to know which platform/software you used to paprtrade. Which service provider is best for newbie like me. As I am a newbie I often get confused in abbreviations used. Can you start a new thread which can deal with abbreviations and terms used in trading explainations.

Thanx n regards,

 

[jamit_05]

Hv been a little biased. Have not sold CEs as the Daily Trend is still up. But, a strong daily close below 7500 will change the trend.

Action: SOLD 50 Units July 75PE 156.
Logic: Daily trend UP.

==========================

Paid: 167*50*30 = 250500
Present Value: 245*50*30 = 367500;
-------------
117000

NF = (7540-7686)*50*15 = -109500
-------------------------------
M2M: -7500

For 78CE July SOLD
129*50 = 6450
-------------------------------
Net M2M = -1050

Adjustments:

75PE July SOLD
156*50=7800;

For 76PE Aug SOLD
200*50=10000
216*50=10800
=================

 

[jamit_05]

Sold 77CE July 185;

===========================
Paid: 167*50*30 = 250500
Present Value: 176*50*30 = 264000;
-------------
13500

NF = (7626-7686)*50*15 = -45000
-------------------------------
M2M: -31500

Sold 78CE July 129*50 = 6450

Sold 77CE July 185*50 = 9250
-------------------------------
Net M2M = -15800

Adjustments:

1) 75PE July SOLD
156*50=7800;

2) For 76PE Aug SOLD
200*50=10000
216*50=10800
=================

 

[jamit_05]

Paid: 167*50*30 = 250500
Present Value: 180*50*30 = 270000
-------------
19500

NF = (7610-7686)*50*15 = -57000
-------------------------------
M2M: -37500

Sold 78CE July 129*50 = 6450
Sold 77CE July 185*50 = 9250
-------------------------------
Net M2M = -21800


-------
Adjustments:

1) 75PE July SOLD
156*50=7800;

2) For 76PE Aug SOLD
200*50=10000
216*50=10800
--------
Collected: 28600
Present: 180*100+114*50=23700; Gain:4900;
=================

 

[jamit_05]

Paid: 167*50*30 = 250500
Present Value: 210*50*30 = 315000
-------------
64500

NF = (7571-7686)*50*15 = -86250
-------------------------------
M2M: -21750

Sold 78CE July 129*50 = 6450
Sold 77CE July 185*50 = 9250
-------------------------------
Net M2M = -6050


-------
Adjustments:

1) 75PE July SOLD
156*50=7800;
2) For 76PE Aug SOLD
200*50=10000
216*50=10800
--------
Collected: 28600
Present: 180*100+114*50=23700; Gain:4900;

 

[jamit_05]

Outlook for this expiry:

Since inception of this strategy on June 10th, price has made a consolidation pattern on the Daily chart. No decisive move.

Due to price going up one day and retracing back the next, have sold goods on both sides. When there is a break, will have to cover one side.

I will hold a bias here. I feel price should go down to 7000 at least and if not then consolidate. I do not see anymore sustainable strong upside. Hence, if price makes a strong move up, I will not cover the sold CEs. In fact, will immediately sell some more. If price does down, then will cover the sold PEs at a small loss and seek to sell July Futures.

 

[jamit_05]

Action:

Had already sold Aug 76PE at the following numbers.

For 76PE Aug SOLD
200*50=10000
216*50=10800

Will go ahead and convert Aug to July. This is to ensure that is price consolidates, then I will be better off due to time decay.

Aug 76PE: 198
July 76PE: 175

 

[jamit_05]

Paid: 167*50*30 = 250500
Present Value: 210*50*30 = 315000
-------------
64500

NF = (7571-7686)*50*15 = -86250
-------------------------------
M2M: -21750

Sold 78CE July 129*50 = 6450
Sold 77CE July 185*50 = 9250
-------------------------------
Net M2M = -6050


-------
Adjustments:

1) 75PE July SOLD
156*50=7800;

2) 76PE July SOLD
175*100=17500
--------
Collected: 25300

 

[jamit_05]

SOLD 77CE 125

Paid: 167*50*30 = 250500
Present Value: 167*50*30 = 250500
-------------
-Even-

NF = (7630-7686)*50*15 = -
-------------------------------
M2M: -42000

Sold 78CE July 129*50 = 6450
Sold 77CE July 185*50 = 9250
Sold 77CE July 125*50 = 6250
-------------------------------
Net M2M = -33000


-------
Adjustments:

1) 75PE July SOLD
156*50=7800;

2) 76PE July SOLD
175*100=17500
--------
Collected: 25300