Day Trading Stocks & Futures

[arcus]

re: Day trading Nifty & Banknifty Futures

Heard on CNBC - Today's turnover so far is 1.6 lakh crores. That's a good one for any day, and it's hardly half a session so far today.

Doesn't feel like a holiday turnover, Soniya Shenoy said

Sonia Shenoy has been profit booked. You can see her marriage here - http://vimeo.com/56316637 (in case you haven't seen it till now)

 

[DataRam]

re: Day trading Nifty & Banknifty Futures

I am booking profits in my Dec options and initiating Jan series options....when no movement in futures, sell options....

Did following trade for Jan Nifty options:

Sold 6300 call Jan at 137.5 ,sold 6300 put at 91.4 giving total premium of 228.9....will be adjusting the trade as per how nifty moves.I am looking at buying 6000 put and 6600 call but if no movement, will defer buying till next week.

ST

@ ST Bhai ,

Why did you choose 6600 CE .This I am asking because with total premium @ 228.9 the gap after BEP is 70+ points in the Call side , so should you not prefer the strike at 6550 CE . I know that you prefer mid-time adjustments according to the situation but still just a query to know why you avoid the xx50 strikes ?

Regards.

 

[munde_77]

re: Day trading Nifty & Banknifty Futures

Jan 2014 series currently as per OI max pain at 6300....so selling straddle at 6300 should be good

only caution is VIX is low at 15

Market is in range bound for the last few days. The IV is low. So expecting market to move fast in either direction
in the next 3 or 4 days. It is better to write if IV is above 20. If not 20 atleast 18. I am also waiting IV to rise to write options

 

[DIVYEDIX]

re: Day trading Nifty & Banknifty Futures

is it expiry or some news in axis chart at 1.35

 

[Vertigo_1985]

re: Day trading Nifty & Banknifty Futures

BNF jan series max pain currently at 11500

whats max pain of axis bank ?

 

[RAAMAKANT]

re: Day trading Nifty & Banknifty Futures

Axis Bank 1300 Call Whattttttt a Rocket Moveeeeee.......
From 3 to 22 direct, but got 9.3 Points. Enough man ........... :thumb:

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

@ ST Bhai ,

Why did you choose 6600 CE .This I am asking because with total premium @ 228.9 the gap after BEP is 70+ points in the Call side , so should you not prefer the strike at 6550 CE . I know that you prefer mid-time adjustments according to the situation but still just a query to know why you avoid the xx50 strikes ?

Regards.

If I get 20-25 points decay by next week, I will close all positions. If market remains steady and I get 6600 call and 6000 put for combined premium of 40.41 points, then I will have 115 points as a max risk in this trade and 185-187 as max reward.In that case I may run the trade for some more time or till the expiry so that ATM options decay I can pocket. So the choice depends on Reward/Risk and also as I may keep it till the end of the month in which case the Jan nifty premium also will reduce to zero.All this without any adjustment.

ST

 

[munde_77]

re: Day trading Nifty & Banknifty Futures

@ ST Bhai ,

Why did you choose 6600 CE .This I am asking because with total premium @ 228.9 the gap after BEP is 70+ points in the Call side , so should you not prefer the strike at 6550 CE . I know that you prefer mid-time adjustments according to the situation but still just a query to know why you avoid the xx50 strikes ?

Regards.

......................................................................................

 

[pratapvb]

re: Day trading Nifty & Banknifty Futures

whats max pain of axis bank ?

jan or dec?

not sure if can do....xls not flexible to handle these small numbers..but will see

 

[anup]

re: Day trading Nifty & Banknifty Futures

If the IV is so low then options are cheap why not buy instead of sell??