Escape's Options Trading Diary - Phase 2

[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, EXIT 17.30, P/L -128700

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 610.00
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 1.15
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 186.35
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 28.55
NIFTY 30May13 CE 5900 (S) 300 @ 300, LTP 224.30
NIFTY 30May13 PE 6400 (S) 300 @ 200, LTP 281.15
NIFTY 30May13 PE 6600 (S) 100 @ 366, LTP 484.00

Current Unrealized Return On Strategy Trades: -1835

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

On Positional (Strategy) trade, SHORTED NIFTY 30May13 CE 5900 and NIFTY 30May13 PE 6400.

On Intraday (Naked) trade, closed naked position today with big hit. No new commitment or promise this time. I have repeated this mistake again of keeping naked position overnight and not squaring-off immediately or very next day. I have to just follow my written rules and nothing else.

 

[escape]

Escape, when you designed your positional strategy, what range and direction did you anticipate for NF ??

It is based on S/R level on Daily chart with few other conditions. My assumption at the start of series was that market will not do below 5500 and above 6300. So took PE 5500 and CE 6300.

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
NIFTY 30May2013 CE 6000 (B) 8000 @ 29.05 (S) 8000 @ 31.86, P/L +22525

Naked Positions Holding Overnight:
None

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 605.30
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 1.10
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 193.00
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 24.30
NIFTY 30May13 CE 5900 (S) 300 @ 300, LTP 216.25
NIFTY 30May13 PE 6400 (S) 300 @ 200, LTP 285.75
NIFTY 30May13 PE 6600 (S) 100 @ 366, LTP 502.45

Current Unrealized Return On Strategy Trades: -3275


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

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

On Intraday (Naked) trade, did multiple trades with NIFTY 30May2013 CE 6000.

 

[arcus]

Here is log as of last session.

Intraday (Naked) trade:
NIFTY 30May2013 CE 6000 (B) 8000 @ 29.05 (S) 8000 @ 31.86, P/L +22525

Naked Positions Holding Overnight:
None

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 605.30
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 1.10
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 193.00
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 24.30
NIFTY 30May13 CE 5900 (S) 300 @ 300, LTP 216.25
NIFTY 30May13 PE 6400 (S) 300 @ 200, LTP 285.75
NIFTY 30May13 PE 6600 (S) 100 @ 366, LTP 502.45

Current Unrealized Return On Strategy Trades: -3275


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

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

On Intraday (Naked) trade, did multiple trades with NIFTY 30May2013 CE 6000.

Looks like you closed your short positions a couple of days early. Unless you are holding atleast a part of your shorts?
Dont listen to anyone on this forum for your trading decisions. Have a trading plan and follow it religiously.
Regards,
arcus

 

[escape]

Looks like you closed your short positions a couple of days early. Unless you are holding atleast a part of your shorts?
Dont listen to anyone on this forum for your trading decisions. Have a trading plan and follow it religiously.
Regards,
arcus

Dear arcus,

Yeah I booked loss in PUT on Monday itself. It was my decision.

I need to learn to follow my plans religiously. Plan is with me, just need to follow it and I'm sure I'll win.

Regards,
Escape

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
NIFTY 30May2013 PE 5800 (B) 1000 @ 16.68 (S) 1000 @ 16.10, P/L -575
NIFTY 30May2013 PE 5900 (B) 1850 @ 32.50 (S) 1850 @ 36.71, P/L +7785
NIFTY 30May2013 PE 6000 (B) 500 @ 60.50 (S) 500 @ 67.50, P/L +3500

Naked Positions Holding Overnight:
None

Strategy Based Trade - May Series:
NIFTY 30May13 CE 5500 (S) 100 @ 410.00, LTP 464.90
NIFTY 30May13 PE 5500 (B) 900 @ 5.15, LTP 2.00
NIFTY 30May13 PE 6300 (S) 100 @ 405.00, LTP 328.95
NIFTY 30May13 CE 6200 (B) 200 @ 9.00, LTP 5.35
NIFTY 30May13 CE 5900 (S) 300 @ 300, LTP 103.00
NIFTY 30May13 PE 6400 (S) 300 @ 200, LTP 426.65
NIFTY 30May13 PE 6600 (S) 100 @ 366, LTP 626.25

Current Unrealized Return On Strategy Trades: -12,395


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

On Positional (Strategy) trade, no change in position today. Although, it is currently showing negative result, I'm comfortable with it. I'll observe it for next 2-3 trading session and will take decision later on.

On Intraday (Naked) trade, did multiple trades with NIFTY 30May2013 PE 5800, PE 5900 and PE 6000.

 

[trdstudent]

Escape keep an eye on 5930/10 spot for this wk

 

[escape]

Escape keep an eye on 5930/10 spot for this wk

Thank you trdstudent.
Hope you are doing well and having lots of profitable trades.

 

[ajeetsingh]

Escape keep an eye on 5930/10 spot for this wk

Bhai for me:

support are-5930-5841 and resistance stand for-6230.

 

[escape]

Bhai for me:

support are-5930-5841 and resistance stand for-6230.

Thank you bro ...