Escape's Options Trading Diary - Phase 2

[escape]

Bough Nifty 12OCT2012 PE 5800 @ 102.75, SL 97.70, CMP 105.50

 

[escape]

Bough Nifty 12OCT2012 PE 5800 @ 102.75, SL 97.70, CMP 105.50

Bought two more lots @ 114.25, Average Buy rate 108.5. SL @ 108.5, CMP 115

 

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Bought two more lots @ 114.25, Average Buy rate 108.5. SL @ 108.5, CMP 115

Sold two lots @ 122.45, profit of 13.95 points, less brokerages.
Holding two lots now, SL 114.25

 

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Sold two lots @ 122.45, profit of 13.95 points, less brokerages.
Holding two lots now, SL 114.25

Bought two more lots @ 125.25,
Avg price now 116.90, SL 117.90, CMP 127

 

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Bought two more lots @ 125.25,
Avg price now 116.90, SL 117.90, CMP 127

Exit 2 lots @ 129.45, profit of 12.55 points, less brokerages.

 

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Exit 2 lots @ 129.45, profit of 12.55 points, less brokerages.

Squared-off all positions at 115.10.

 

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Here is log as of last session.

Log:
NIFTY 25Oct12 CE 5700.00 (B) 300 @ 98.25 (S) 300 @ 99.58 (P/L) +399.00
NIFTY 25Oct12 PE 5800.00 (B) 500 @ 113.48 (S) 500 @ 117.04 (P/L) +1780.00

Result:
After deducting all charges: Rs. +2018.55


Capital Status (Since September):
Exact Initial Capital: Rs. 45,000/-
Current Ledger balance Rs. 32653.21 (-12346.79 )

Learning/Remark:
It was wonderful day to trade. At the end did some mistake, otherwise I could have ended with higher profit.

Learning, In case if I exit partially, next SL to should be partially EXIT rate or above.

 

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Bough Nifty 12OCT2012 CE 5700 @ 75.75, SL 65.70, CMP 75.00

 

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Bough Nifty 12OCT2012 CE 5700 @ 75.75, SL 65.70, CMP 75.00

SL @ 70.70 now, CMP 71.70.

 

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SL @ 70.70 now, CMP 71.70.

Exit @ 71.75, loss of 4 points, less brokerages.