Day Trading Stocks & Futures

[Riskyman]

Big price gap between HPCL as compared to BPCL & IOC. HP down 3.3% while BP and IOC down 1.6% and 1.3% respectively. Kuch corporate announcement tha kya??

 

[Raj232]

kuch bhi

Dow was UP 200 points last night

 

[mohan.sic]

I will not be surprised to see below 31000 today

you are frightening me

Shorted 31200 PE @ 50
shorted 31200 CE at 95
shorted 31300 PE at 95

added 1 more short 31200 ce at 69

only 1 lot each..

yes ...chances are good for bn below 31000

am thinking to sell 2 more calls or exit 31300 pe short if market moves a little higher.. or place a sl

Ravi,

Thanks to you. Exited puts with SL. Overall loss, but not much.
I would not have shorted that last call without your caution. lucky I placed SL on short puts just then and it got triggered within minutes.

 

[vikas2131]

Dow was UP 200 points last night View attachment 35284

US market has corrected quite a bit recently while our markets made all time high.

 

[travi]

Big price gap between HPCL as compared to BPCL & IOC. HP down 3.3% while BP and IOC down 1.6% and 1.3% respectively. Kuch corporate announcement tha kya??

I don't think so, but HP was trading at a bit of a premium compared to the other so its corrected bit more than those two

 

[nil.nik.9777]

Any chance of recovery?

my next week 31500 calls down by 50%
If doesn't recover, will close position eod.

 

[Riskyman]

I don't think so, but HP was trading at a bit of a premium compared to the other so its corrected bit more than those two

Thanks bhai. Just googled and found HP announced dividend of some 9 Rs. Stock has rallied lot more than its peer since dividend was declared. Today, its ex div I think. Maybe that explains the gap in OMCs from the past few sessions

 

[mohan.sic]

Any chance of recovery?

my next week 31500 calls down by 50%
If doesn't recover, will close position eod.

Yes I think intraday recovery is possible. I am planning to go long as we have another 1 hr

no cooment on your position.

 

[siddhant4u]

Bought nifty 11900 pe @ 7.
May buy 12000 ce based on momentum.

Bhai your PE is quoting at 38 rs now

 

[nil.nik.9777]

Yes I think intraday recovery is possible. I am planning to go long as we have another 1 hr

no cooment on your position.

Ok.
If recovery is strong will carry position else will square off at losa.