Hi All,
So I am new to option trading and will be posting my journey here so as to maintain a record for myself and get views of the more experienced traders.
The approach will be to take two opposite options and then exit at 20% return. STLP will be 30% below the average price of the pair.
I usually trade in nifty , bn , icicibank , hpcl , have tried weekly bn options but they are too volatile for my nature.
Current Capital 50K
Aim : 25K profit by 31st Jan 2018
Edit : will be carrying 240 @ 25500CE for tomorrow at 178.8 ( These are naked positions will be hedging them tomorrow morning with 24900 PE if the market opens gap down)
TIA.
So I am new to option trading and will be posting my journey here so as to maintain a record for myself and get views of the more experienced traders.
The approach will be to take two opposite options and then exit at 20% return. STLP will be 30% below the average price of the pair.
I usually trade in nifty , bn , icicibank , hpcl , have tried weekly bn options but they are too volatile for my nature.
Current Capital 50K
Aim : 25K profit by 31st Jan 2018
Edit : will be carrying 240 @ 25500CE for tomorrow at 178.8 ( These are naked positions will be hedging them tomorrow morning with 24900 PE if the market opens gap down)
TIA.