100% profit in 6 months...!

[linkon7]

Bro for 7-8 Rs u are taking so much money involve that can b done in 4900 call and put which is moving in 44 to 55 enjoyed that 3 time:clap:

using 4800 call to take longs...
the extreme options gives such 10-12 points opportunity....when market is flat...

 

[linkon7]

scrip cost present diff profit/loss
4900 CE (Feb) 156.00 127.00 29.00 2,900.00
4900 PE (Feb) 183.00 152.00 31.00 3,100.00
Nifty Futures 4,994.00 4,884.00 110.00 11,000.00
5000 call (feb) 84.00 87.00 3.00 300.00
as hedge
Total = 17,300.00

The position of the nifty straddle as of end of 28th Jan2010

Script
4900 CE (Feb) shorted at 156 has a current price of Rs. 127 is at a profit of Rs.2900
4900 PE (Feb) shorted at 183 has a current price of Rs. 152 is at a loss of Rs.3100
Nifty Futures short Innitiated at the averaged price of 4994 has a current price of Rs. 4884 is at a loss of Rs.11000

Total (unrealised) = profit of Rs. 17300
Realised profit = 13,650 /-
Statistics

Cost of the straddle = 339.00
present price of the straddle = 279.00
Actual value of the straddle = (484.00)
profit on straddle = 60.00
Profit on nifty = 110.00
loss on Hedge = 3.00

total profit = 173.00

4900 call Jan
sold at 24.8 sold at 8.5
24.8-8.5 = 16-1 = 15 points

4900 put jan
sold at 24 covered at 7
24-7 = 17-1 = 16 points

4800 call jan
bot at 51 sold at 94 (2 lots)
94-51 = 43-1 (br) = 42*2 = 84
bot at 85 sold at 104 (3 lots)
bot at 85 sold at 102 (1 lot)
bot at 107 sold at 112 (6 lots)
bot at 107 sold at 115 (4 lots)
104-85 = 19*3 =57-3 = 54
102-85 = 17-1 = 16
112-107 = 5 * 6 = 30-6=25
115-107 = 8*4 = 24-4 = 20
total = 84+54+16+25+20 = 199 points
pairs = 99.5 points

4900 put feb
sold at 146 covered at 152
146-152 = -6-1 = -7
sold again at 190
effective cost price = 190-7 = 183

5300 put jan
bot at 423 sold at 418
418-423 = -5-1 = -6

4500 call jan
bot at 413 sold at 426
426-413 = 13-1 = 12

Total = 12-6+99.5+16+15
136.5

 

[linkon7]

Activity Today :
Nifty opened gap up as expected… 4895
Not much strength seen… either sides
exited NF at 4895
exited the 4800 call at 94
shorted jan 4900 straddle for 48.8 points
need to trade wt 4 lots NF now… to balance
Guppy MMA and rsi and 5 R TF… nothing more
patience… wait for HOD LOD to form
bot 5300 put…feb at 413… 2 lots
bot 4500 call,,, feb for 423… 2 lots
total 836… not bad
placed sell trigger for 5300 put at 430
modified it to 429
hell..got rid of it at 426
exited 4500 call at market price
got 418 for it…
nice dip…
bot 4800 call Jan at 85 4 lots
SL 4880 on Jan
storis..made a hns
jrsi gave a peak…
exited 3 lots at 104
holding 1…
exited that at 102
bot NF 4903 4 lots feb
guppy showing strength
SL 4905
reversal if 4898 hits
sl hit
just a fake out
damn
bot 4800 call jan for 107 10 lots
SL 4900… reverse…wt 5000 put…jan
112… exited 6 lots
SL 112 for the balance 4 lots
looks like only shorts are being C/f for the next month
SL modified to 115
SL hit…
bot Feb NF at 4918.8
feb is being shorted like hell..
jan fell 6 points… feb is down 10 points
Bias is mildly bullish
but looks like shorts are being carried
screwed
SL 4905….got hit
bot Jan 4913.5
sl 4908
switched to 3 r
sto looks oversold…
range shifted to 08 to 26
experts seem to suggest pull back wont last… says to exit long only
not doing anything
range contracted… higher low…lower high…
exited all 4 lots… 4920…
entry trigger placed at 4926
will buy back at 4914-4908
bang on the red lines…
still flat ema 34
green candle at the bottom channel
feb series selling off
jan series followed
bbbot trendline says… 4907 is the breakdoown
bbbot in 5 min says--- 4911 is the break down
shorted at 4909..sl 4913
exited the 4900 put…152
sl 148
green candle
covered 2 lots at 4897
will add if 4890 is broken
exited bal 2 at 4902
will short again if ema 34 is tested…
waiting for red candle…
shorted at 4898 4 lots
sl 4913
all green candle again…
high made 92
sl shifted to 4895
we gave up almost all the gains…
bulls on the back foot
4869…lower bb in daily tf… close below that is bad…
5 min gives better pic then 3r
wow low made 4859…
green candles..
Jadx says end of trend..
exited 2 lots at 4863
will buy them back at 4859
rakesh went short at 19… still holding that
4886 is the exit from bear channel… so SL for the bal
we went to 68… then back to 62… cci still showing divergence…
sell triggered at 58.70
trail with bb1 sl 4880
change rule to wait for 3hcl to turn color to exit 50% bal on channel
divergence still there in cci
3hcl is reliable… bar is green..its still stubborn…
sto at 3.79…
I love this 3 hcl… notch it up….as primary exit criteria
about to touch yesterday's low
shiree's cci-42 is more reliable than cci -14, need to work on that
cci-42 made a hook…lets see what hcl3 does
sl shifted to 4869… bbbhannel
dev says still no major buying… at 12.30..says to avoid NF and FNO…
stupid mistake..should have exited 4900 put jan… dumb ass
not a bad day today… less choppy… guppy bhai helping…
got to roll over 2 lots to feb,….****…
shift to 4800 put…? Not bad… or shift call to 4800..? Will bottom somewhere then decide…daily tf…
hats off to hcl3… still kept me in the trade,…
sl shifted to 4855...
feb is 5 points away… now… stupid mistake…
yesterday's mistake was to follow 5 r… that gave green hcl 3…
rule change…. Trending market…avoid r
4900 put is at 193… placed sl at 190… will shift when dialy tf says so…
small pull back… exited jan 2 lots at 4832…
shorted 2 lots feb 4829
sl hit… in put…
sl now 4844…as per jan
4842 in feb
hcl 3 is green
exited feb 4832
re entry at 4824
stupid mistake…
should have exited 1 lot instead
15 min tf gave HFE
sl shited to 4840…
why the sl……doesn’t make sense… its going to give u 48 points max… no matter where u exit…
sl hit..
stupid mistake…again,…
hits sl and goes down again///at 38 now…
rule change… 1 lot exit at hcl3 and 1 at bb1
nows its broken 50..and gone up…
wish I could end the day here…
another stupid mistake..
should have covered the 4900 call
3 min price at ema 34
waitinf for hcl3 to give a signal…
price at red lines…guppy…flattening out…
2 min hcl3 is red…
shorted 4852 in jan
4851 in feb
again…watcing more than 1 TF… leads to confusion…
should have got 56… waited for 3 min… silly mistake…
5 min,…price in no man's land… can swing both waysd….
shiftinging to 2 min…
feb again ran away…
ema 34 flat…in 5 min…
wont trade any more… enough
price back to 60…
should have stuck to 5 min tf… muilti tf…got u screwed
exited feb at 56….
will ride jan…up and down…
2 min..ideal long… as per guppy…
4882, entry into bulls channel…
4880…50% retracement… day's range
bull volume cross over...
it touches it..but fails to sustain…
shorted feb at 4875…sl 4882
had enough for the day… will wait for sl to hit…
2 good jobbing oppurtunity missed… doesn’t matter
4900 call jan is dead…
****…my SL just got hit…
god… I hate this straddle… again..decission time…
long at 4880 bb1 4 lots
it broke 4900…
4900 call jan is alive again… pratik must be getting a ray of hope…
dev still says no buying on the ground…
4898 reversal now…
almost 12 points diff now in feb and jan…
SL hit…
mdp doesn’t give data for next month..have to have a talk wt those guys…
jan in premium…feb in discount….
typical no trade zone… but… straddle… 2 of them…
this huge discount is going to kill me…
covered the 4900 straddle… for 15 points… enough…
just concentrate on feb series NF…
nice day so far…over 150 points I think…
jan NF is dancing like crazy…feb is stable..but at a huge discount…
trading feb based on jan chart is impossible…the 2 are not co related…
hell…shorted feb nf 2 lots at 4887..sl 4898
it can hit sl amy min… or fall like a stone… charts don’t worko on expiry day…
its like a pirate ship now…

 

[linkon7]

Never traded this long...and normally i never trade at all on expiry day...
But this turned out to be very satisfying day... the best i had in a long long time....

I was trying my best to be focused and did make a few mistakes, but thats part of the improvement game. Options trades clicked nicely. i was trading with 4 lots of NF at a time and that was getting a bit tough since i was trying to trade both jan and feb series watching the charts of jan NF. learned that they behave totally differently...specially towards the last hour.

Damn good day... today! taking my family out for a nice dinner.

 

[trader.trends]

Linkon's target in 6 months=100%
My target in six months= become Linkon's broker.:lol::lol:

 

[linkon7]

nifty calculation
sold at 4899, covered at 4895, points gained 4, -2 as brokerage, net gain of 2 points
bought at 4903, covered at 4905, points gained 2, -2 as brokerage, net gain of 0 points
bought at 4903, covered at 4905, points gained 2, -2 as brokerage, net gain of 0 points
bought at 4918, covered at 4905, points gained -13, -2 as brokerage, net gain of -15 points
bought at 4918, covered at 4905, points gained -13, -2 as brokerage, net gain of -15 points
bought at 4913, covered at 4920, points gained 7, -2 as brokerage, net gain of 5 points
bought at 4913, covered at 4920, points gained 7, -2 as brokerage, net gain of 5 points
sold at 4909, covered at 4897, points gained 12, -2 as brokerage, net gain of 10 points
sold at 4909, covered at 4902, points gained 7, -2 as brokerage, net gain of 5 points
sold at 4898, covered at 4863, points gained 35, -2 as brokerage, net gain of 33 points
sold at 4898, covered at 4832, points gained 66, -2 as brokerage, net gain of 64 points
sold at 4858, covered at 4840, points gained 18, -2 as brokerage, net gain of 16 points
sold at 4829, covered at 4832, points gained -3, -2 as brokerage, net gain of -5 points
sold at 4852, covered at 4856, points gained -4, -2 as brokerage, net gain of -6 points
sold at 4851, covered at 4871, points gained -20, -2 as brokerage, net gain of -22 points
sold at 4875, covered at 4871, points gained 4, -2 as brokerage, net gain of 2 points
bought at 4882, covered at 4898, points gained 16, -2 as brokerage, net gain of 14 points
bought at 4882, covered at 4898, points gained 16, -2 as brokerage, net gain of 14 points
sold at 4887, covered at , points gained 4887, -2 as brokerage, net gain of 0 points
sold at , covered at , points gained 0, -2 as brokerage, net gain of 0 points
sold at , covered at , points gained 0, -2 as brokerage, net gain of 0 points

effective cost of nifty short = last place shorted, 4887 plus 107
= 4994

 

[sumitdasjoshi]

Well i bought a suzlone put at 85 a 7200 rs i am using karvys go tx sowft
at evenig it is showing 36000 and when i see the sq it is showing 31000 it realy sucks the sowftwere is not showing acctual profit i am gona change my broker well what the startgy for next month i mean in option.plz tell me what do you think nifty will stay for next month

 

[linkon7]

It was all about volatility and volumes on Dalal Street today as our market ended flat. Being F&O expiry today the market was volatile on record volumes and nervous ahead of RBIs credit policy tomorrow. Sensex shut shop at 16306, up 17 points and Nifty at 4867, up 14 points from the previous close. CNX Midcap index was up 0.63% and BSE Smallcap index was up 0.17%. The market breadth was negative with advances at 558 against declines of 724 on the NSE. Top Nifty gainers included Tata Steel, HCL Technologies and Axis Bank while losers were Bharti Airtel, RCom and L&T.

 

[linkon7]

going to wait for RBI policy. Assumption is a CRR hike and a repo is factored in. We did make a lower low and a lower high, so technically we can call it a continuation of the correction. 4869 is the bottom of the band and hopefully open should be above that. Thereafter a pause for the policy and then all hell will break loose.

Action for tomorrow :
will buy another call and make the position delta neutral. wait for a clear signal post rbi policy and then close one leg...

 

[rajputz]

Sold 100 Nifty at 4826 SL 4830