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

[jamit_05]

If market continues to go down we will gain on

Leaving the following as Bear Put Spreads
Jan PE 10900@238//10700 240 -> max 200 pts
Jan PE 10900@238//10600 230 -> max 300 pts

For the case that it goes up....

BUY 2 lots JAN PE 10700 217 (strong chance of Gap Fill before Jan Expiry)

 

[jamit_05]

Carry forward loss of 800 points

10 Lots Jan NF 10575
15 lots Jan 10600 PE 275 (Nifty 10510)

Sell 10300 Jan PE 220 , at gap down open

 

[jamit_05]

Carry forward loss of 800 points

10 Lots Jan NF 10575
15 lots Jan 10600 PE 275 (Nifty 10510)

Sell 10300 Jan PE 220 , at gap down open
Sell 10800CE Jan 230

 

[jamit_05]

Set #6
--------
10 lots Jan PE 10800 188
10 lots Jan CE 10800 254
-----------------------------
Cost : 442
--------

Investment: Rs. 331500 (For Set #5 Investment was Rs.7L+3.5L)

This is cheap, versus ATM cost of 530 when Set #5 started on Nov 30.
20% lesser cost than 14 days ago.

 

[jamit_05]

Set #5

Carry forward loss of 800 points

10 Lots Jan NF 10575
15 lots Jan 10600 PE 275 (Nifty 10510)

Sell 10300 Jan PE 220 , at gap down open
Sell 10800CE Jan 230
Sell 10900CE Jan 220

 

[jamit_05]

Set #6
--------
10 lots Jan PE 10800 188
10 lots Jan CE 10800 254

Sell Jan CE 10900 230

 

[jamit_05]

Set #5

Carry forward loss of 800 points

10 Lots Jan NF 10575
15 lots Jan 10600 PE 275 (Nifty 10510)

Sell 10300 Jan PE 220 , at gap down open
Sell 10800CE Jan 230
Sell 10900CE Jan 220
sell One Lot Jan NF 10980 (Gain 400)
sell One Lot Jan NF 11020 (Gain 445)

ATM Option pair cost is dipping, and in that ATM PEs are dipping faster than ATM CEs, which means people who entered short positions with enthusiasm, as they paid the highest the bidder, the bids kept getting higher, due to the prevailing news, are now squaring off or booking profit. Fewer ppl are enthused about PEs now. Neither are ppl too enthused about CEs. Meaning, market is likely to go sideways.

 

[jamit_05]

Set #6
--------
10 lots Jan PE 10800 188
10 lots Jan CE 10800 254

Sell Jan CE 10900 230
sell 10900ce jan 250
sell 10950 CE jan 245

I am very hopeful that I will get a strong chance to sell PE on the downside.

 

[jamit_05]

Set #5

Carry forward loss of 800 points

10 Lots Jan NF 10575
15 lots Jan 10600 PE 275 (Nifty 10510)

Sell 10300 Jan PE 220 , at gap down open
Sell 10800CE Jan 230
Sell 10900CE Jan 220
sell One Lot Jan NF 10980 (Gain 400)
sell One Lot Jan NF 11020 (Gain 445)
Sell one lot Jan NF 11030

 

[jamit_05]

Set #6
--------
10 lots Jan PE 10800 188
10 lots Jan CE 10800 254

Sell Jan CE 10900 230
sell 10900ce jan 250
sell 10950 CE jan 245
Sell 10800 Jan CE 340