Escape's Options Trading Diary - Phase 2

[soft_trader]

Brother let me quickly explain those:

1. CE/PE
These are two types of options namely CE (Call) and PE (Put).
CE stands for Call European, PE stands for Put European. Although In India, we follow American style, so we can trade any time until expiry.

In India we follow European style. Am I right?

 

[TheDreamer]

In India we follow European style. Am I right?

yes... we used to follow American options in stocks but discontinued a year back... Index options were always European options...

 

[escape]

Bought 2 lots of Nifty 12OCT2012 PE 5800 @ 113.45, SL 113.45, CMP 117.75

 

[escape]

Bought 2 lots of Nifty 12OCT2012 PE 5800 @ 113.45, SL 113.45, CMP 117.75

Exit @121, profit of 7.55 points, less brokerages.

 

[escape]

Bought 2 lots of Nifty 12OCT2012 PE 5800 @ 126.00, SL 121.00, CMP 125.10

 

[escape]

Bought 2 lots of Nifty 12OCT2012 PE 5800 @ 126.00, SL 121.00, CMP 125.10

Bought 2 more lots of Nifty 12OCT2012 PE 5800 @ 128.00,

Avg Buy @ 127.00, SL 128.00, CMP 129.90

 

[escape]

Bought 2 more lots of Nifty 12OCT2012 PE 5800 @ 128.00,

Avg Buy @ 127.00, SL 128.00, CMP 129.90

2 lot exit @ 128.

 

[escape]

2 lot exit @ 128.

Bought one more lots @ 133.75, CMP 138

 

[escape]

Bought one more lots @ 133.75, CMP 138

Squared-off all lots @ 137.25

 

[escape]

Bought 2 lots of Nifty 12OCT2012 PE 5800 @ 134.95, SL 130.00, CMP 136.45