Escape's Options Trading Diary - Phase 2

[escape]

Bought 2 lots of Nifty 28Feb2013 CE 6000 @ 37.50

Exit 2 lots @ 39.80

 

[escape]

Bought 2 more lots of Nifty 28Feb2013 CE 6000 @ 39.70

Exit @ 40.85

 

[trdstudent]

Hei escape ,good 2 c u back in action ..... don't be sorry ... u r doing very good :thumb:
In btwn exite my overnight 2 lots 6000 ce at 41.5 .... nothing in hand .... expecting up move coz mrkt looks too oversold

 

[escape]

Hei escape ,good 2 c u back in action ..... don't be sorry ... u r doing very good :thumb:
In btwn exite my overnight 2 lots 6000 ce at 41.5 .... nothing in hand .... expecting up move coz mrkt looks too oversold

Yes, Market is oversold. I'm eagerly waiting for upside move.

 

[escape]

Bought 2 more lots of Nifty 28Feb2013 CE 6000 @ 39.45

Exit @ 41.45.

 

[escape]

Here is log as of last session.

Log:
NIFTY 28Feb13 CE 6000.00 (B) 400 @ 39.26 (S) 400 @ 40.43 (P/L) 468.00


Result:
After deducting all charges: Rs. 435.48
Overnight Position: NIFTY 28Feb13 CE 6000.00 (B) 700 @ 52.70

Learning/Remark:
Yesterday I exited mostly with 1-2 points gain only being market in short range-bound.

Still I'm holding good amount of NIFTY CE 6000 at higher place, I may have bigger losses, but will wait for sometime to observe market direction.

 

[escape]

Wait and watch today, possibly no trade.
Looking for right opportunity to EXIT.

 

[escape]

Didn't traded yesterday.

 

[escape]

Overnight Position: NIFTY 28Feb13 CE 6000.00 (B) 700 @ 52.70

Currently I'm near break-even point.

 

[trdstudent]

Overnight Position: NIFTY 28Feb13 CE 6000.00 (B) 700 @ 52.70

Currently I'm near break-even point.

Why didn't exite ? Bot some 6000PE at avrg 82 as future getting resist at 5972/64 band and exite at 99 . Yestrdday bot 6000CE at 33.85 and exite at 53 to day morning . Now again thinking of buying some 6000CE if this crrnt level holds .



.....and gap is closed .