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Dear Dhinakar, Yes, Nifty seems opening up on Monday so there will be a good oppourtunity to exit and book profits. Regards

Dear Friends, For the next week R1~S1 < 300, so trade with sideways strategy or do not trade. Buy calls at S1 and puts at R1. R1 = 4500 and S1 = 4200. To understand my Nifty trading strategy, please read the 1st post of this thread. Regards

Dear Dhinakar, I think you got too many calls without any hedge. The SL for 4500 CA is 53 and SL for 4600 CA is 50. Try to reduce your positions whenever you get any oppourtunity. Overall Nifty is still in bearish mode. So, its not much likely to cross 4600 in a hurry. Regards

Dear narayanrk2003, Margins though fixed by SEBI varies from broker to broker. Margin has two parts span margin and mtm margin. As per sharekhan, DLF Span margin is around Rs 60,000 per lot and mtm will depend on loss one incurrs. In case you are hedged then, your margin pressure reduces to...

Hi Vasanth, We consider Nifty spot price and not Nifty futures price. Regards

Dear Trillian, Till 12:30 PM either hold the previous 4400 put with trailing SL =10% of CMP or book profit and buy call at 4200 as trend is -ve by 20pts at 12:30 PM. Regards

Dear Trillian, Yes, we can enter again at this week's R1 and S1 till the week ends. Regards

Dear Trillian, Yes, you are correct. As said earlier, we will not enter till trend is confirmed. Trailing SL=10% will be 10% of the current market price of the call. If current market price of 355 then, trailing SL=355-35.5= 319.5 Regards

Dear Trillian, Thanks to you for posting todays paper trade. You have bought call and put exactly as per strategy. No need to enter into trade unless trend is up or down by 20pts. from the base point as per strategy posted in 1st post. As far as exit is concerned there are two ways...

Hi Tulika, I think you are talking about Cairn 260 call. Your SL has been hit. Cairn has fallen today around 5.76% in cash segment. With crude going down it doesn't seem a good option to hold on to this counter. Technically, currently this counter looks slightly weak. Regards

Dear Bushleaves, To understand the strategy, please refer to 1st post of this thread. I hope that will answer your queries. In case you have any further queries you are most welcome to ask for it here. Regards

Dear Trillian, You are most welcome to paper trade my strategy. Your questions are not silly at all. I really enjoyed answering your questions. Had I been in your place, I would have asked similar sort of qustions to clarify my doubts. Best of luck and happy trading. Cheers!

Dear Trillian, Well 30% SL has worked for me. This is based on my experience that if price goes below 30% of my buy price then, the option hardly comes back in profit so I cut my all losses with SL=30% from buy price. You can have your own SL based on your comfort level. 30% SL is just my...

Dear Trillian, Yes, your 1st SL is correct. Trade in current months i.e. Sept .options till 20the of the month and after 20th trade in next months option i.e. Oct. One needs to square off all open positions of the current month before the end of trade for 20th of the month. Regards

Dear Inspire, About PCR and open interest in this forum I am not aware of. Yes,you can get this data from nseindia dot com Regards

Dear Trillian, Your 1st leg you bought was correct i.e. a buy of 4400 PE @190 with SL = 133. Nifty Spot: Open -------> 4356 10.45 -------> 4332 12.15 -------> 4289 3.00 -------> 4332 At 12:15 PM - (4289-4332) < 20 (down trend) so you could have bought 4400 put or hold previously...

Dear Krishna, You are correct. Nowadays Nifty is very volatile and sideways. If VIX remains below 30 or near about then, chances of ending in profit will be high. Regards

Dear Awachat, You are welcome to test this strategy. Please update me with the results and your feedbacks. Regards

Dear Tradengrow, I request you to refrain from writting any annoying statements. This distracts others and the very purpose of this forum gets defeated. Hope you will not repeat any unkind words in future. Regards

Dear Vangara_kris, Yes, you can do that provided you are able to manage the MTM and the risks attached with it. Option writing needs regular monitoring and some adjustments to positions whenever any need arises. Regards