Regular Income From Markets. Risk Free. Takes no Time

[jamit_05]

If the NIFTY Futures breaks 5130 it would surely touch goto 5080-5090.

Whatever it does, I hope to profit from it...

Amen to that!

PS: If it break HOD then? 5200?

 

[divnain]

Still Holding 49pe/52ce @ 138.60 the cost now is around 143 .. should i book now or wait ...
Our principle says not to hold on friday EOD because time decay will be there for sat and sunday...

 

[jamit_05]

Still Holding 49pe/52ce @ 138.60 the cost now is around 143 .. should i book now or wait ...
Our principle says not to hold on friday EOD because time decay will be there for sat and sunday...

I applaud your discipline. You did not fall for the chatter and held to you position although it saw a 10% DD. Now that DD is recovered and you are in a marginal profit.

I think you should sell the pair EOD. Definitely. Since, the cost of 150 OTMs has now come down to Rs.120;

If you are accustomed to using Intraday Trailing Stops, then you should bailout according to it. Cuz by now your CE must be a lot heavier than PE. This bias can get neutralized.

 

[soft_trader]

Re: New Purchase

Me too bought

5000 PE @ 68
5300 CE @ 52.4

Cost 120.4

I am out for the day. :clap:

Sold 5000PE @ 64.30 at around 2:00PM
Sold 5300CE @ 63.10 at around 2:50PM

Total sold value 127.40. So a net profit of 7 rupees. Pretty decent.:clap:

Actually I have violated the pair trading rule. At 2:00PM as the market were breaking HOD. So I squared off the PUT.

 

[gurmy.]

Gurmy... shorting EOD today seems smart. I think I will.[/QUOTE]

yes shorting seems to be a good option

just reverse trade your 50/53 pair at eod

 

[jamit_05]

I am out of 150 OTM pair... 61+60 = 121; Break even...... no charge for the roller-coaster ride.

 

[jamit_05]

Shorted...

5300 CE 61.55

5000 PE 57.95

Total Cost received: 119.50;

Holding period 3 to 4 days.
Time decay will do its damage.

 

[pakatil]

Me too out at 121.

I hv never shorted Options. Hence keeping off......

 

[gurmy.]

me too shorted 50/53 at 121

 

[soft_trader]

Shorted...

5300 CE 61.55

5000 PE 57.95

Total Cost received: 119.50;

Holding period 3 to 4 days.
Time decay will do its damage.

If market opens flat on Monday, or with minor gap, you will surely get a good profit. :thumb: