Escape's Options Trading Diary - Phase 2

[escape]

Here is log as of last session.

Intraday trade:
NIFTY 30May2013 PE 6000 (B) 6000 @ 107.17 (S) 6000 @ 109.67 (P/L) 14,952

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 451.45
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 6.75
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 349.00
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 13.40

Current Unrealized Return On Strategy Trades: 2,035

Learning/Remark:
On Positional (Strategy) trade, no change in position.

On intraday trade, did multiple trades in NIFTY PE 6000. Out of 6 trades, 5 won, 1 lost.
My MTM once reached near 22k, but settled at around 14k.

P/L excluding brokerages and taxes.

 

[escape]

Here is log as of last session.

Intraday trade:
NIFTY 30May2013 PE 6000 (B) 1000 @ 118.00 (S) 1000 @ 123.50 (P/L) 5,500

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1000 @ 113.00, LTP 100.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 474.05
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 5.20
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 328.70
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 16.20

Current Unrealized Return On Strategy Trades: 2,055.00

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, did two trades in NIFTY PE 6000.

First trade ended in profit.

Second trade gave me few opportunities to EXIT in profit, but I was expecting little higher and missed my defined target. Also thought of booking loss, but then NIFTY reached near day's high (resistance level). So took risk of holding it overnight. Let's see how it turns out tomorrow.

 

[escape]

Here is log as of last session.

Intraday trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1000 @ 113.00, LTP 71.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 548.05
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 4.75
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 262.25
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 34.75

Current Unrealized Return On Strategy Trades: 4,920

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, no trade today. Holding old positions.

 

[escape]

Here is log as of last session.

Intraday trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1200 @ 104.50, LTP 58.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 585.00
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 4.70
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 229.60
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 43.15

Current Unrealized Return On Strategy Trades: 6,160

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, added 4 lots of PE 6000 to naked holding positions.

 

[manojborle]

Here is log as of last session.

Intraday trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1200 @ 104.50, LTP 58.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 585.00
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 4.70
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 229.60
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 43.15

Current Unrealized Return On Strategy Trades: 6,160

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, added 4 lots of PE 6000 to naked holding positions.

Dear Escape
One query please, Have you established all this position at one day only or over the time ?

 

[escape]

Dear Escape
One query please, Have you established all this position at one day only or over the time ?

Dear Manoj,

All these current (May series) Strategy positions were established over two days. Normally I prefer on same day or very next trading day to minimize risk specially associated with Shorting.

Also I keep track of these positions and add/modify as we move close to expiry or when required.

Happy Trading

Regards,
Escape

 

[escape]

Here is log as of last session.

Intraday trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1200 @ 104.50, LTP 65.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 557.00
NIFTY 30May13 PE 5500 (B) 200 @ 8.25, LTP 4.60
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 252.45
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 32.60

Current Unrealized Return On Strategy Trades: 4,545

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, no change in position.

 

[escape]

Here is log as of last session (including trades done on last Friday).

Intraday trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1200 @ 104.50, LTP 91.00

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 486.70
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 4.80
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 315.00
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 17.20

Current Unrealized Return On Strategy Trades: 2,655

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position.

On intraday trade, added 700 options of PE 5500 on last Friday. No change in position today.

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 1200 @ 104.50, LTP 75.85

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 486.70
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 4.80
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 315.00
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 17.20

Current Unrealized Return On Strategy Trades: 2,390

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position today.

On Intraday (Naked) trade, no change in position today.

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
No trades today:

Naked Positions Holding Overnight:
NIFTY 30May2013 PE 6000 (B) 2000 @ 81.65, LTP 35.60

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 658.00
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 3.15
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 166.25
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 65.60

Current Unrealized Return On Strategy Trades: 8,595

Learning/Remark:
P/L excluding brokerages and taxes.

On Positional (Strategy) trade, no change in position today.

On Intraday (Naked) trade, added few lots to PE 6000 today.