Escape's Options Trading Diary - Phase 2

[soft_trader]

Thank you onlinegtrash.

Sold NIFTY 27Jun2013 PE 5700 @ 62.50, although later in the afternoon it went up and closed at 93. Still I'm very much happy with decent profit.

No intraday trade today.

You have really made a killing today. I wonder how much capital you have for trading. It must be over 10 lakh.

 

[escape]

You have really made a killing today. I wonder how much capital you have for trading. It must be over 10 lakh.

Dear soft_trader,

With today's trade I have completely recovered all losses occurred during Phase 1 and current Phase 2. This trade is my biggest profitable trade done ever.

Regarding capital, no I don't have 10 lakh capital for Options. 10 Lakh is very high amount and very risky to trade specially Options.

Happy Trading.

Regards,
Escape

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
None


Naked Positions Holding Overnight:
NIFTY 27Jun2013 CE 6300 (B) 1000 @ 24.00, LTP 0.50
NIFTY 27Jun2013 PE 5700 (B) 7000 @ 33.05, (S) 7000 @ 62.50, P/L points 29.45
NIFTY 27Jun2013 CE 5800 (B) 5000 @ 16.70, LTP 11.25


Strategy Based Trade - June Series: Open
NIFTY 27Jun2013 CE 5500 (S) 200 @ 290.00, (B) 200 @ 196.00, P/L +18,800
NIFTY 27Jun2013 PE 6400 (S) 400 @ 426.60, LTP 756.00
NIFTY 27Jun2013 CE 6400 (B) 300 @ 7.45, LTP 0.50

Current realized Return on Strategy Trades: 90,899
Current Unrealized Return On Strategy Trades: -1,33,860


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

On Positional (Strategy) trade, made certain change. Now it is currently naked position. Let's see, when can I add other leg.

On Intraday (Naked) trade, none.

On holding positions, Squared-off NIFTY 27Jun2013 PE 5700 today with good profit, but lost bigger opportunity, no regrets. This is third time in this month, where I exited bit early on trending day. As Profit amount was looking very good, I EXITed. One more reason to EXIT was NIFTY showing support at 5700 at first few hour. It broker only after 1 PM.

Reinvested part of profit amount in buying NIFTY 27Jun2013, assuming there will be some correction soon. Only concern, will it happen before expiry and how much it will loose value before correction. This trade is against current trend, risky one. Let's see how it goes.

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
None


Naked Positions Holding Overnight:
NIFTY 27Jun2013 CE 6300 (B) 1000 @ 24.00, LTP 0.50
NIFTY 27Jun2013 CE 5800 (B) 5000 @ 16.70, (S) 5000 @ 10.00, P/L -33,500
NIFTY 27Jun2013 PE 5600 (B) 5000 @ 41.60, LTP 27.70

Strategy Based Trade - June Series: Open
NIFTY 27Jun2013 PE 6400 (S) 400 @ 426.60, LTP 728.75
NIFTY 27Jun2013 CE 6400 (B) 300 @ 7.45, LTP 0.50

Current realized Return on Strategy Trades: 90,899
Current Unrealized Return On Strategy Trades: -1,22,990


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

On Positional (Strategy) trade, no changes.

On Intraday (Naked) trade, none.

On holding positions, exited NIFTY 27Jun2013 CE 5800 and added NIFTY 27Jun2013 PE 5600.

It was roller-coaster day and I switched from Call to Put.

 

[escape]

My intraday trade details:

1. At 10:08, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 43.00
2. At 10:16, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 40.00
3. At 11.27, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 47.00
4. At 11.48, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 44.50
5. At 11.54, Sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 48.00
6. At 12.40, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 39.00
7. At 13.30, Sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 48.00
8. At 14.50, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 60.00
9. At 14.57, Sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 63.00

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
NIFTY 27Jun2013 PE 5600 (B) 5000 @ 45.30, (S) 5000 @ 49.90, P/L +23,000


Naked Positions Holding Overnight:
NIFTY 27Jun2013 CE 6300 (B) 1000 @ 24.00, LTP 0.50
NIFTY 27Jun2013 PE 5600 (B) 5000 @ 41.60, (S) 5000 @ 49.90, P/L +41,500

Strategy Based Trade - June Series: Open
NIFTY 27Jun2013 PE 6400 (S) 500 @ 506.30, LTP 810.20
NIFTY 27Jun2013 CE 6400 (B) 300 @ 7.45, LTP 0.45

Current realized Return on Strategy Trades: 90,899
Current Unrealized Return On Strategy Trades: -1,54,060


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

On Positional (Strategy) trade, sold 2 more lots of NIFTY 27Jun2013 PE 6400. It is naked PUT now, that too against daily trend.

On Intraday (Naked) trade, traded NIFTY 27Jun2013 PE 5600.

On holding positions, Exited NIFTY 27Jun2013 PE 5600 and recovered Friday's loss.

 

[escape]

My intraday trade details:
1. At 09:49, Bought 1000 lots of NIFTY 27Jun13 CE 5600.00 @ 35.00
2. At 09:52, sold 1000 lots of NIFTY 27Jun13 CE 5600.00 @ 38.75
3. At 09:56, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 54.00
4. At 09:59, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 50.00
5. At 10:32, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 53.00
6. At 10:52, Bought 2000 lots of NIFTY 27Jun13 CE 5600.00 @ 34.50
7. At 11:01, sold 2000 lots of NIFTY 27Jun13 CE 5600.00 @ 36.50
8. At 11:22, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 49.50
9. At 11:24, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 46.50
10. At 11:50, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 38.00
11. At 11:54, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 35.00
12. At 12:13, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 29.75
13. At 13:47, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 18.75
14. At 14:50, sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 28.00
15. At 15:04, sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 31.00
16. At 15:04, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 33.00
17. At 15:28, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 36.00

 

[escape]

Here is log as of last session.

Intraday (Naked) trade:
NIFTY 27Jun2013 CE 5600 (B) 3000 @ 34.25, (S) 3000 @ 37.25, P/L +9,000
NIFTY 27Jun2013 PE 5600 (B) 8000 @ 40.09, (S) 5000 @ 37.88, P/L -17,680


Naked Positions Holding Overnight:
NIFTY 27Jun2013 CE 6300 (B) 1000 @ 24.00, LTP 0.35


Strategy Based Trade - June Series: Open
NIFTY 27Jun2013 PE 6400 (S) 400 @ 506.30, LTP 799.95
NIFTY 27Jun2013 PE 6400 (S) 100 @ 506.30, (B) 100 @ 745.00, P/L -23,870
NIFTY 27Jun2013 CE 6400 (B) 300 @ 7.45, LTP 0.45

Current realized Return on Strategy Trades: 67,027
Current Unrealized Return On Strategy Trades: -1,17,823.00


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

On Positional (Strategy) trade, bought 1 lot of NIFTY 27Jun2013 PE 6400.

On Intraday (Naked) trade, traded NIFTY 27Jun2013 CE 5600 and NIFTY 27Jun2013 PE 5600.

On holding positions, no change.

Ended day in negative.
Today it was roller-coaster day.

 

[augubhai]

My intraday trade details:
1. At 09:49, Bought 1000 lots of NIFTY 27Jun13 CE 5600.00 @ 35.00
2. At 09:52, sold 1000 lots of NIFTY 27Jun13 CE 5600.00 @ 38.75
3. At 09:56, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 54.00
4. At 09:59, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 50.00
5. At 10:32, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 53.00
6. At 10:52, Bought 2000 lots of NIFTY 27Jun13 CE 5600.00 @ 34.50
7. At 11:01, sold 2000 lots of NIFTY 27Jun13 CE 5600.00 @ 36.50
8. At 11:22, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 49.50
9. At 11:24, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 46.50
10. At 11:50, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 38.00
11. At 11:54, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 35.00
12. At 12:13, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 29.75
13. At 13:47, Bought 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 18.75
14. At 14:50, sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 28.00
15. At 15:04, sold 1000 lots of NIFTY 27Jun13 PE 5600.00 @ 31.00
16. At 15:04, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 33.00
17. At 15:28, sold 2000 lots of NIFTY 27Jun13 PE 5600.00 @ 36.00

u average down?

 

[Relish]

Hi Escape

I want to initiate this strategy buy call [email protected] one lot, Sell [email protected] two lot and buy 5700ce @71.50. I did not have any software to check for risk since option oracle is not working for nifty. I want to hold these till 20th july. Can you please tell me what will be risk reward ration for July expiry series?